A pioneer of the seed investment in Korea
BonAngels was founded in 2007, based on the experiences of the executive partners who have successful entrepreneurial backgrounds. We take pride in the fact that several high-growth startups have since then emerged from our investments and support.
We believe that startup founders are the real heroes of this era. With respect and fondness towards the founders, we feel privileged that we have contributed to sparking the early-stage investment landscape in Korea as a pioneer, an area that had been left barren. Ever since, BonAngels has continually proved the possibility of positive self-sustaining startup ecosystem.
BonAngels has invested in 200+ startups so far, 2 of which are unicorns, 15 of which have gone through M&As, 1 of which is imminent to go public.
What is more meaningful is that more than a quarter of the $50M Pacemaker Fund3 comes from many successful startup founders who had been funded by BonAngels in the past; they have hopped back as the investors of BonAngels’ funds, in the hopes of assisting the next-generation entrepreneurs, of which ultimately enabled a self-sustaining startup ecosystem led by BonAngels.
In essence, BonAngels takes pride in the high credibility and reputation as an investor, shaped over a long period of time, among startup founders.
For each and every company BonAnagels invest, we designate an executive partner and an investment associate to work closely with the company, with the support of other executive partners and investment associates. What BonAnagels does is what a pacemaker would do at any marathon. Putting in collective effort for startups to continuously move forward without burning out, we aim for collaborative partnerships with the companies. While hoping to be the primary investor for startups, we also remain as the most lasting investor and consistently assists the companies along the way. BonAangels is able to remain as long-lasting partner as its fund structure does not pressure investment returns.
As a founder himself/herself, BonAngels’ executive partner gets actively involved in building meaningful companies. He/she makes arrangements for outsider’s insights, and provides advices to companies such as to prioritize tasks while minimizing mistakes. BonAngels’ staffs will assist companies in various areas including growth-hacking, public relations, legalities, and recruitment.
Companies are updated with detailed and practical business knowledge on Bon Day – the Bon Team’s monthly held seminar.
To better enable organic follow-on investments from the incorporation stage to the growth stage, BonAngels is augmenting the amount of capital for such investments. An increase in BonAngels' internal fund size as well as in the number of global fund investors have made this possible. Collectively this has reinforced BonAngels' seed investment to be most effetive growth track for startups.
BonAngels is spanning to Vietnam, Indonesia, and multiple other countries outside of Korea. We have invested in startups in more than 25 countries in Asia and established a strong global Bon Team network, providing startups across the borders interconnectivity to share meaningful information for their companies’.
Distinguished global investors across Asia have backed BonAngels as Limited Partners. This has allowed BonAngels to establish system for better assistance in follow-on investments and global market expansion.
2020 BonAngels Venture Partners, Inc. All rights reserved.