Investments
66Portfolio Exits
11Funds
1About STIC Investments
STIC Investments was established in 1999 as a venture capital firm; it has since become a private equity firm that provides late-stage growth capital, recapitalization, or strategic financing to middle-market companies. Target investment size ranges from $20-50 million in growth capital investments.
Latest STIC Investments News
Sep 14, 2020
South Korean VC firm STIC Investments Inc. has expanded its reach to the Southeast Asian region with an investment of about $200 million in Singapore based ride-hailing startup Grab . Despite the impact of the COVID-19 pandemic, Grab has continued its operations as a ride-hailing, food delivery, and financial services firm. The startup is among the most promising tech startups in the Southeast Asia region. The startup operates in Indonesia, Malaysia, Cambodia, Myanmar, Thailand, Vietnam, and the Philippines. It has earlier raised about $3 billion from SoftBank Group Corp. Grab has made investments in Ninja Van, a Southeast Asia based express delivery startup, and acquired Bento- a Singapore based digital wealth tool provider. STIC is one of the largest and most experienced private equity firms in South Korea with investments in companies that engage in promising businesses in various sectors; ICT, bio & healthcare, consumer & consumer technology, games & entertainment, etc. The firm was founded in 1999 and has a proven 20-year track record and abundant investment experience in multiple business cycles. Notable investments of STIC include Big Hit Entertainment Co., the firm behind K-pop sensation BTS, and Vietnamese company Masan Group Corp. STIC’s global investor base includes sovereign wealth funds, public pension funds, insurance companies, financial institutions, family offices, endowments, foundations, and fund of funds from Korea, Southeast Asia, the Middle East, and Europe. What’s your thoughts?
STIC Investments Investments
66 Investments
STIC Investments has made 66 investments. Their latest investment was in Daeyoung Chaevi as part of their Private Equity on June 6, 2023.
STIC Investments Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
6/10/2023 | Private Equity | Daeyoung Chaevi | $92.72M | Yes | 1 | |
5/23/2023 | Private Equity - II | Musicow | $45.8M | No | 1 | |
4/1/2023 | Series B | OKESTRO | $99.55M | Yes | 2 | |
9/15/2022 | Series A | |||||
9/8/2022 | Series A |
Date | 6/10/2023 | 5/23/2023 | 4/1/2023 | 9/15/2022 | 9/8/2022 |
|---|---|---|---|---|---|
Round | Private Equity | Private Equity - II | Series B | Series A | Series A |
Company | Daeyoung Chaevi | Musicow | OKESTRO | ||
Amount | $92.72M | $45.8M | $99.55M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 2 |
STIC Investments Portfolio Exits
11 Portfolio Exits
STIC Investments has 11 portfolio exits. Their latest portfolio exit was Iljin Materials on October 11, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
10/11/2022 | Corporate Majority - P2P | 8 | |||
12/2/2021 | Reverse Merger | 48 | |||
10/15/2020 | IPO | Public | 8 | ||
Date | 10/11/2022 | 12/2/2021 | 10/15/2020 | ||
|---|---|---|---|---|---|
Exit | Corporate Majority - P2P | Reverse Merger | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | ||||
Sources | 8 | 48 | 8 |
STIC Investments Acquisitions
1 Acquisition
STIC Investments acquired 1 company. Their latest acquisition was SYSTRAN on August 11, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
8/11/2020 | Acq - Fin | 4 |
Date | 8/11/2020 |
|---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acq - Fin |
Sources | 4 |
STIC Investments Fund History
1 Fund History
STIC Investments has 1 fund, including STIC Special Situation Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
7/10/2019 | STIC Special Situation Fund II | $1,100M | 1 |
Closing Date | 7/10/2019 |
|---|---|
Fund | STIC Special Situation Fund II |
Fund Type | |
Status | |
Amount | $1,100M |
Sources | 1 |
STIC Investments Team
1 Team Member
STIC Investments has 1 team member, including current Managing Director, Jason Cho.
Name | Work History | Title | Status |
|---|---|---|---|
Jason Cho | Managing Director | Current |
Name | Jason Cho |
|---|---|
Work History | |
Title | Managing Director |
Status | Current |
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