Venture Capital

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We Ventures

We Ventures: Sukwoo Lee channels Korean family capital into early-stage US enterprise and AI startups through a deal-by-deal syndicate model based in...

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We Ventures

O primeiro fundo da America Latina 100% dedicado a investimento em mulheres em tecnologia. | Redefinindo o corporate venture capital: mais do que acesso a capital, oferecemos conexões entre nossas investidas e grandes corporações - consultorias especializadas, ganhos de escala, mentorias e acesso a ambientes de inovação.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

Latin America

Country

South Korea

City

Seoul

Corporate office

Seoul, South Korea

Principals

Sukwoo Lee

CEO

Sector focus

Enterprise SoftwareAI/MLDigital HealthFinTechClimateTechMedia & Entertainment

Frequently asked questions

Who runs investment decisions at We Ventures?

CEO Sukwoo Lee leads investment decisions at We Ventures, drawing on a network of Silicon Valley-based scouts and co-investor relationships to source and diligence US early-stage opportunities. The firm has not publicly disclosed a separate investment committee structure, suggesting Lee retains primary authority over deal selection and LP syndication.

How does We Ventures source proprietary deal flow?

We Ventures sources deals through a network of Silicon Valley scouts and co-investor relationships with established US venture funds. The firm's geographic separation from deal origination — headquartered in Seoul, investing in US startups — means it relies heavily on these partnerships rather than maintaining a full-time US-based investment team.

Is We Ventures structured as a single family office or does it operate more like a venture firm?

We Ventures operates as an asset manager aggregating capital from multiple Korean family offices and entrepreneurs, not a single-family vehicle. However, it does not raise blind-pool venture funds. Each investment is structured as a special-purpose vehicle, with LPs opting in per deal — a model closer to a syndicate than a traditional venture firm.

Does We Ventures participate in fund commitments or only direct deals?

We Ventures focuses on direct startup investments via special-purpose vehicles rather than committing as a limited partner to US venture funds. This deal-by-deal structure gives its Korean LP base direct line of sight into each asset, avoiding the ten-year lockup and blind-pool trust requirements of traditional fund commitments.

What investment stages does We Ventures typically target?

We Ventures targets early-stage US startups, spanning seed through Series B rounds. The firm concentrates on enterprise software, AI/ML, fintech, digital health, and climate technology companies, providing a conduit for Korean family capital into Silicon Valley's venture ecosystem.

Where does the underlying wealth come from?

The firm's LP base consists primarily of Korean entrepreneurs and business families who built wealth in manufacturing, technology services, and real estate, per the firm's own positioning. These limited partners seek US technology exposure typically unavailable through domestic Korean investment channels.

What is We Ventures' known posture on co-investments alongside external GPs?

We Ventures regularly co-invests alongside established US venture funds, leveraging those partnerships for both deal access and post-investment governance support. This co-investment approach compensates for the firm's lack of a full-time US-based team and provides the operational oversight its Korean LPs require.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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