Formation VC
Status
ACTIVE
Global HQ
Palo Alto, USA
Countries of investment
- USA
- South Korea
Investment stages
- Series C
- Growth
Industries
- Mobile Tech
- AI
- Consumer Internet
- Enterprise SaaS
- Cross-Border Platforms
About
Formation VC is a Palo Alto-based growth equity firm with a deep network in both the US and South Korean tech ecosystems. They act as strategic partners to late-stage founders, providing the capital and cultural "glue" necessary for successful international expansion and preparing companies for large-scale exits.
Formation VC is a Palo Alto-based growth equity firm with a deep network in both the US and South Korean tech ecosystems. They act as strategic partners to late-stage founders, providing the capital and cultural "glue" necessary for successful international expansion and preparing companies for large-scale exits.
Investment Thesis
Formation VC centers its strategy on the cross-border bridge between Silicon Valley and South Korea. They invest in high-potential tech companies at the Series C and Growth stages, leveraging their dual presence to help US companies enter Asian markets and helping Korean "unicorns" scale their operations into the United States.
Manager's Experience
Formation VC is managed by cross-border bridge builders with deep ties to both Silicon Valley and the Korean chaebol ecosystem. Their team includes former early-stage investors in multiple unicorns, possessing the cultural and operational expertise required to navigate the complex technological and market synergies between the US and South Korea.
Team
Brian Koo - Founder & CEO
Joel Monegro - Founding Partner
Portfolio
Memebox
Toss (Viva Republica)
SendBird
Noom
Honestbee
Daily Hotel