May 2026
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Largest Horizontal SaaS Public Companies in South Korea
Benchmark revenue and EBITDA valuation multiples for public comps like
Kolon Plastics, AHNLAB, Kinx, Cafe24 and Echo Marketing.
 | Kolon Enp Inc is an engineering plastics specialist company in Korea that produces and sells engineering plastic. It manufactures and markets engineering plastics such as polyamide, polyacetal, PEL, PPS, etc. The company's product used in automobile, electricity and electronic and life material. | $10 | +128% | $388M | $331M | - | - | ||
| AHNLAB Inc develops industry- leading information security solutions and services for consumers, enterprises, and small and medium businesses worldwide. AhnLab solutions portfolio comprises advanced threat analysis, cloud-based intelligence, endpoint security, network security, advanced threat defense, and security consulting services. The company provides real-time detection and prevention of malware, malicious codes, hacking attacks. | $40 | -12% | $386M | $194M | 1.1x | 4.2x | ||
| Kinx Inc is a Korea based carrier-neutral infrastructure provider. The company offers services to prominent domestic and international carriers, content providers, multiple system operators, financial institutions, and government agencies. | $75 | +13% | $362M | $368M | 3.5x | 10.7x | ||
| Cafe24 Corp is an e-commerce platform. The company does online business through e-commerce platforms. The services provided by the company include solutions for the shopping mall, advertising, marketing, and hosting infrastructure. | $14 | -58% | $331M | $218M | 1.0x | 4.6x | ||
| Echomarketing Co Ltd is a digital marketing company. The Company provides data marketing & mobile marketing services. | $11 | +71% | $328M | $276M | 0.9x | 8.9x | ||
| Hancom Inc operates in the software industry in Korea. It develops a range of software applications from cloud based service, office software and web based software. Its office software consists of the word processor, table calculation spreadsheet application, and presentation program. It renders web based solutions through the mobile phone platform under names such as Thinkfree Office, Thinkfree Mobile, Thinkfree Online and Thinkfree Conversion Server. | $13 | -36% | $311M | $254M | 1.2x | 6.4x | ||
| GABIA Inc is involved in developing IT infrastructure solutions in South Korea. It offers domain registration, hosting, server/co-location/cloud, and security/control solutions, as well as solutions for corporate business and shopping malls. | $21 | +13% | $270M | $321M | 1.4x | 5.6x | ||
| Emro Inc provides purchase and supply management solutions under the business ecosystem. The company's solutions and services include SMARTsuite, SMARTframework, Consulting and Data Management and others. | $16 | -53% | $202M | $187M | 3.3x | 68.6x | ||
| Suresofttech Inc is a software company that provides test automation tools and verification services for software safety verification in the mission-critical (high reliability) industry. | $4 | +4% | $200M | $189M | 3.0x | 19.2x | ||
| Selvas AI Inc is a Korea-based company engaged in the development and provision of application solutions. Its solutions include voice recognition, handwriting recognition, OCR application, TTS solution, and language processing technology based mobile dictionaries. | $7 | -36% | $176M | $116M | 1.5x | 53.8x | ||
| Coocon Corp is a business data platform that collects and connects data using its advanced technology. Its main products include Personal Data APIs, Corporate Management APIs, Payment APIs, and Global APIs, among others. | $15 | -17% | $156M | $61M | 1.3x | 2.9x | ||
| Saltlux Inc is engaged in the business of machine learning and natural language processing. The solutions provided are customer voice analysis, opinion mining, social network analysis, intelligent audit, and other services. | $12 | -61% | $155M | $130M | 4.7x | (31.8x) | ||
| Konan Technology Inc provides the smartest search/analysis/recommendation software and data service based on language and multimedia analysis technology. The company's base technology is grouped into Text AI and Vision AI , and have a lineup of eight products. Text AI consists of Conan Search, Conan Analytics, Pulse Key, Conan Chatbot/ Conan Chatbot+, and Conan LLM, while Vision AI consists of Conan Watcher, Conan Voice, and Conan Listener. | $13 | -52% | $147M | $132M | 5.9x | (37.9x) | ||
| Polaris Office Corp is a South Korean company operating in the software application industry. The company develops software like POLARIS OFFICE, POLARIS meeting, POLARIS print, and POLARIS scan. | $3 | -38% | $127M | $37M | 0.2x | 2.1x | ||
| KT Nasmedia Co Ltd is a digital marketing company. It provides integrated media planning services including online and mobile ads, digital broadcasting ads, digital OOH ads. | $7 | -40% | $76M | ($18M) | (0.2x) | (0.8x) | ||
| Autocrypt Co Ltd is an automotive cybersecurity and mobility solutions provider, dedicated to software-defined, connected, and autonomous mobility. It secures the rapidly evolving framework of automotive and mobility, from software-defined vehicles (SDV) to autonomous driving. Its products include Automotive Cybersecurity Testing, Automotive Cybersecurity Consulting, Automotive Cybersecurity Operation, Automotive Cybersecurity Training, In-Vehicle Systems Security, Digital Key, V2X Security, EV and Charging Security, and MaaS Platforms. | $8 | -- | $75M | $87M | 5.2x | (21.2x) | ||
| Wins Technet Co Ltd Formerly Wins Co.Ltd is an information protection company. It develops information security solution, and network security software. It operates in the field of network security and provides intrusion prevention system, DDoS attack countermeasure solution, intelligent attack countermeasure solution, integrated threat management solution, and firewall. Its also offers services such as security control, consulting.. | $7 | -18% | $75M | $4M | 0.1x | 0.2x | ||
| Wisenut Inc provides Creative artificial intelligence (AI) technology that enables free and equal communication between people and people, people and things, and people and the world with the vision of Perfect Communication. Its services include AI, SEARCH, BIG DATA and Service (Saas) WISE Answerny. | $5 | -52% | $66M | $32M | 1.4x | 52.6x | ||
| Maum AI Inc is engaged in provide AI services and solutions. The company is developing more efficient AI solutions and expanding the scope of application by advancing AI technology centered on the three foundation models. | $9 | -40% | $64M | $67M | 10.3x | (24.7x) | ||
| RSUPPORT Co is a remote support solutions company, offering remote access services for Windows PC, Mac, as well as mobile. | $1 | -43% | $62M | $53M | 1.6x | 13.9x | ||
| WebCash Corp is a South Korea based company involved in providing business software solutions. Its Webpage B2B pin tech platform is a corporate finance contact platform connecting ERP to all financial institutions and corporations. The company also provides Small Business Accounting Professional Software named Accounting Country. | $5 | -59% | $59M | $42M | 0.8x | 3.0x | ||
| Newen AI Co Ltd is an online big data AI analysis company that is a trusted by its clients based on technology patents and excellent human resources. | $6 | -- | $52M | $22M | 1.8x | 276.4x | ||
| Revu Corporation Inc is a company providing influencers who want to receive rewards from small business owners and companies with the opportunity to participate in or receive suggestions from campaigns and also by providing small business owners and companies who want to market their products, products, and services through these influencers. It is engaged in an influencer marketing agency business that recommends optimized influencers through a matching platform and carries out campaigns. | $4 | -- | $46M | $5M | 0.1x | 0.6x | ||
| Artist Co Inc analyzes digital user preferences and interests based on large data, and recommends and delivers optimal, targeted marketing and ad content. | $3 | -51% | $42M | $35M | 1.1x | 5.9x | ||
| SecuLetter Co Ltd is a company providing solutions against cyber threats, attacks, malware and phishing. The company specializes in analyzing/detecting unknown malware, diagnose/analyze security vulnerabilities of non-executable files at the assembly level which is the smallest unit of files so it has a high rate of security threat and vulnerability/exploit detection. diagnosis speed is fast, and accurate data is provided. The main business areas are e-mail security business, data transmission file security business between networks, web service file security business, document centralization file security business, cloud support security business, security threat intelligence business. | $5 | -- | $35M | $29M | 37.6x | (11.3x) | ||
| InfoBank Corp is involved in providing mobile applications in South Korea. The company offers iMessage, a messaging service for corporate use; iMedia, a Web real-time communication service to participation broadcasting with text message; iMotors, an autonomous vehicle solution; iCC, a smartphone service; eiFin, a messaging service for corporate use and other services. | $2 | -- | $18M | $11M | 0.1x | (7.0x) | ||
| Median | $8 | -38% | $137M | $77M | 1.4x | 4.2x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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