Altos Ventures: The VC Behind Roblox, Coupang, Toss, and Krafton Success
Altos Ventures stands out as the singular venture capital firm directly involved in the success stories of Roblox, Coupang, Toss, and Krafton. This distinguishes Altos Ventures as the only VC firm to have identified and invested in all four of these legendary companies, showcasing a unique track record in the global investment landscape, particularly as a prominent Korean Unicorn VC.
What Makes Altos Ventures a Unique Korean Unicorn VC?
Altos Ventures is distinguished by its direct involvement as an investor in all four major success stories: Roblox, Coupang, Toss (Viva Republica), and Krafton. The firm, established in 1996 by Managing Partners Han Kim, Ho Nam, and Anthony Lee, operates from its primary office in Burlingame, California, and opened a Korea office in 2014, leveraging its Silicon Valley roots to connect Korean startups like Daangn and SOCAR with global markets.
Early Backing for Transformative Companies
The firm's strategic investments include being the earliest institutional backer for Viva Republica (Toss), providing crucial foundational capital that preceded its multi-billion dollar valuation. This highlights Altos Ventures' role as a significant Toss first investor.
Leading Rounds for Market Giants
Altos Ventures also played a pivotal role as a Coupang early investor, leading its Series A and B funding rounds between 2010 and 2011. This initial support contributed to Coupang's market value, which soared to over $63 billion at its NYSE IPO.
How Did Altos Ventures Invest in Roblox and Other Global Unicorns?
Altos Ventures participated in Roblox's late private funding rounds, making a substantial $141 million investment across its Series F, G, and H. This involvement as a Roblox VC is notable, especially as other Korean VCs were absent from Roblox's cap table.
A Proven Track Record of Success
The firm's overall investment portfolio reflects significant success, encompassing 284 investments, 7 unicorns, 9 IPOs, and 47 successful M&A exits. A notable exit includes HyperConnect's acquisition by Match Group.
What is the Leadership and Global Reach of Altos Ventures?
Altos Ventures is led by a veteran team of Managing Partners Han Kim, Ho Nam, and Anthony Lee, who founded the firm in 1996. Their long-standing presence and strategic vision have been instrumental in the firm's consistent success.
Bridging Silicon Valley and Korean Innovation
With its primary office in Burlingame, California, and a Korea office established in 2014, Altos Ventures effectively bridges the innovation ecosystems of Silicon Valley and Korea. This dual presence has enabled them to support Korean startups like Daangn and SOCAR in their global expansion efforts.
Which major companies has Altos Ventures invested in?
Altos Ventures has notably invested in Roblox, Coupang, Toss (Viva Republica), and Krafton, being the only firm with direct involvement in all four.
When was Altos Ventures founded and by whom?
Altos Ventures was founded in 1996 by Managing Partners Han Kim, Ho Nam, and Anthony Lee.
What was Altos Ventures' role in Coupang's early growth?
Altos Ventures was a Coupang early investor, leading its Series A and B rounds between 2010 and 2011, contributing to its significant market value at IPO.
Did Altos Ventures invest in Toss from its early stages?
Yes, Altos Ventures served as the earliest institutional backer for Viva Republica (Toss), providing critical foundational capital.
How extensive is Altos Ventures' investment track record?
Altos Ventures boasts a track record of 284 investments, including 7 unicorns, 9 IPOs, and 47 successful M&A exits.
Key Takeaways
- Altos Ventures is unique for its direct investment in Roblox, Coupang, Toss, and Krafton.
- The firm, founded in 1996, has a veteran leadership team and offices in California and Korea.
- Altos Ventures was an early institutional backer for Toss and a key early investor in Coupang.
- Their portfolio includes 284 investments, 7 unicorns, 9 IPOs, and 47 M&A exits.
- The firm bridges Silicon Valley expertise with Korean startup innovation.
Altos Ventures maintains a distinctive position in the venture capital landscape, marked by its unparalleled investment in Roblox, Coupang, Toss, and Krafton. Its strategic early-stage backing and continued support for transformative companies underscore its role as a leading Korean Unicorn VC, driving innovation across global markets. As of 2026-06-17, the firm continues to shape the future of technology and commerce through its insightful investments.