SEUM advised accommodation startup H2O Hospitality in its KRW 5.5 billion funding round, which included investments from IMM Investment, Stonebridge Ventures, Samsung Venture Investment, and Shinhan Capital, among others (see related article here). 

Established in 2015, H2O Hospitality was initially an online/offline housekeeping and cleaning solutions provider to hotels, hostels, homestays, and other accommodations businesses. 

The company’s founder, Woong-hee Lee, was listed in Forbes 30 under 30 Asia 2018 (see related article here) and since entering into the Japanese market and acquiring property management service provider Hospo, H2O Hospitality has enjoyed a continued expansion of its business in various fields.

The SEUM team was comprised of partners Hoseok Jung and Seungkyu Byun, as well as associates Egyul Kim.