Hoban Construction Plan H Ventures, Creating Synergy Through Investment in PropTech Companies

Screen of 'Budongsan Jiin' service by Jiin Plus (Provided by Jiin Plus)

[Asia Economy Reporter Lee Chun-hee] Plan H Ventures (Plan H), an accelerator corporation established by Hoban Construction, announced on the 24th that it has invested in the proptech company Jiin Plus.

Plan H is currently engaged in nurturing and investing in startups, linking R&A (TIPS), and supporting follow-up investments. In particular, it is creating synergy with Hoban Construction through investments in innovative companies such as those producing digital content related to construction and developing AI-based 3D design solutions.

Jiin Plus, a company specializing in apartment market analysis services, provides various visualized data related to the apartment market through its 'Budongsan Jiin' service. Currently, 140,000 members including investors and experts use the service, and last year it received a commendation from the Minister of Science and ICT for its contributions to data distribution and utilization.

Including the recent investment from Plan H, Jiin Plus has also attracted seed investments from Pusan National University Technology Holding Company and private investment associations in the Busan area.

Won Han-kyung, CEO of Plan H, said, "In the future, the proptech market will be led by companies that assess asset value through big data analysis," adding, "Starting with the investment in Jiin Plus, we will expand investment and support for proptech companies with technological and business potential."

Jung Min-ha, CEO of Jiin Plus, also said, "Due to information gaps, many consumers miss the timing for buying and selling apartments," and added, "We plan to enhance the data using artificial intelligence and revamp the service so that the general public can easily use it, enabling many users to utilize it for apartment transactions."

This content was produced with the assistance of AI translation services.