InnoFit Partners Secures 5 Billion KRW Series Pre-A Funding
Plans to invest in hiring DX experts and talents, developing DX content
Capstone Partners acquires 6.7% stake in Inofit Partners
Innofit Partners Co., Ltd. (CEO Jeongwon Yoon), a specialized institution for digital transformation (DX) education and consulting, announced on the 2nd that it recently secured a Series Pre-A investment of 500 million KRW from Capstone Partners. With this investment, Innofit Partners was recognized with a 15x valuation. Capstone Partners acquired a 6.7% stake in Innofit Partners.
Innofit Partners is an edu-service-tech-based education and consulting specialist that helps employees strengthen their capabilities to solve organizational problems independently in the DX era. It collaborates with over 70 large and medium-sized enterprises and provides various solutions including the digital learning coach platform ‘YouFIT’, digital competency diagnosis (DT-Q™), education design and content matching solution (FIT-QV™), and project comparison search (Q-FIT).
Innofit Partners has recorded an annual growth rate of more than double based on accumulated education consulting data through the provision of various edu-service-tech-based solutions. At the same time, the increase in long-term clients indicates significant growth potential. This is a major factor behind the recent investment.
Innofit Partners is expanding its scope from competency diagnosis and DX capability enhancement education to solving on-site tasks and strategic consulting. The investment funds will be used for hiring DX experts and talents, as well as developing DX content. Jeongwon Yoon, CEO of Innofit Partners, stated, “As digital issues increase among companies, the demand for digital talent development continues to grow. We will provide differentiated services such as project management and education systems, rather than unstructured one-off training.”
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Capstone Partners (CEO Eunkang Song), which made this investment, is one of Korea’s leading venture capital (VC) firms that has invested in over 100 startups since 2008. Its notable portfolio includes Danggeun Market, Zigbang, Kurly, and Sendbird.
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