Murex Partners

Murex Partners is a prominent venture capital firm based in Seoul, South Korea, established in 2017. The firm distinguishes itself through a "thesis-driven investing" approach, meticulously identifying and backing early-stage startups that align with their specific market insights and long-term visions. With a strong focus on the burgeoning South Korean tech ecosystem, Murex Partners aims to be a foundational partner for innovative companies poised for significant growth and disruption.

The firm's investment strategy revolves around deep industry research and a proactive search for companies that fit their predefined investment theses, rather than simply reacting to inbound pitches. Murex Partners primarily targets early-stage companies, typically participating in Seed to Series A rounds. Their portfolio reflects a broad interest across high-growth sectors, including enterprise software (SaaS), fintech, artificial intelligence, healthcare technology, and e-commerce. They are known for providing more than just capital, offering strategic guidance, operational support, and access to their extensive network to help their portfolio companies scale effectively.

Murex Partners has demonstrated a consistent commitment to the early-stage ecosystem, having successfully raised and deployed multiple funds. As of 2021, the firm managed at least two significant funds, including their "Murex Partners New Technology Investment Fund 2" which closed at approximately 30 billion Korean Won (around $25 million USD at the time). Their total assets under management across these funds are estimated to be over $40 million USD. The firm has made over 15 investments, backing notable Korean tech companies such as Toss Lab (JANDI), Sendbird, Classum, VUNO, and Riiid. These investments underscore their ability to identify future market leaders.

While Murex Partners does not publicly disclose a precise range for their initial investment checks, their focus on early-stage rounds (Seed to Series A) and the typical funding landscape in South Korea suggest a common first check size. Based on their fund sizes and number of portfolio companies, a typical initial investment from Murex Partners likely ranges from approximately $500,000 to $3,000,000 USD. This range allows them to take meaningful positions in promising startups while reserving capital for follow-on rounds as their portfolio companies achieve key milestones and demonstrate further growth potential.