Hyundai Marine & Fire Insurance
163 Sejong-daero, Jongno-gu, Seoul, Seoul-t'ukpyolsi, 03183, South Korea
Overview
Hyundai Marine & Fire Insurance is an domestic insurance company that carries out social safety nets throughout the entire non-life insurance business like maritime, fire, automobile, scoop, long-term, pension, and retirement insurance. The company fulfills its social responsibilities to its customers, shareholders, employees, local communities, and nations with customer satisfaction as the top priority in all business activities like product development, underwriting, and compensation services. The company delivers happiness for the home and prosperity for the company, contributing to a prosperous society and national economic development. Hyundai Marine & Fire Insurance was founded on 1955 and is headquartered in Seoul, Korea.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- Financial Services
- Insurance
- Life Insurance
Investment portfolio
- Poen
Participated · Series B · Jul 2024
POEN develops technology to select and remanufacture reusable cells from used electric-vehicle batteries and assembles remanufactured battery modules and packs. The company has built an EV battery value-chain platform in partnership with major industry players including Hyundai Motor, Kia, LG Energy Solution, SK ON, and CATL. POEN plans to accelerate development and commercialization of battery modules and packs and to expand its global presence supplying remanufactured batteries to key markets. It has established subsidiaries in the United States and Germany and positions itself as a leader in eco-friendly battery recycling and resource recovery. The company has received industry recognition including a CES Innovation Award and the ‘Best Innovation Award for Used Batteries’ at InterBattery. Since its founding in 2019, POEN has raised a total of 46.7 billion KRW to date.
- Caredoc
Participated · Series B · Nov 2023
케어닥 launched in 2018 as an app-based caregiver matching service and has expanded into homecare services, visiting long-term care centers, and senior housing. The company operates a combined care business covering both insured and uninsured services and has surpassed KRW 150 billion in cumulative transaction volume as of November. Its long-term care division recorded a 1,000% revenue increase and turned profitable after 18 months of operation. 케어닥 is rolling out a new residential care product, “케어닥 케어홈,” with a second location opening next month and a plan for 30 facilities by next year. The firm is partnering with multiple construction and development firms (HDC아이앤콘스, 기린종합건설, STS개발) and preparing joint-venture senior-town projects with major corporate shareholders including Lotte Hotel. 케어닥 aims to build a nationwide caregiver supply network and secure up to 20,000 senior housing units by 2030.