Zigbang (CEO Sungwoo Ahn), a leading domestic proptech company, announced on the 8th that it had succeeded in attracting a total of 60 billion won in investment.
On the 7th, Jikbang signed a contract with VIG Alternative Credit (VAC), the credit investment division of VIG Partners, to acquire BW (bonds with warrants) worth 60 billion won.
A Jikbang official explained, “Jikbang and Hogangnono’s vision of leading the way in real estate market innovation was positively evaluated and they received investment at the same corporate value as the previous round,” adding, “We share the same views as the investment firm on the potential of the real estate industry, the largest market.”
Jikbang operates the leading domestic real estate platforms Jikbang and Hogangnono and has maintained the top spot in the industry for the past 10 years with innovative services that incorporate proptech technology.
Recently, while maintaining stable performance in the existing one-room and two-room sectors, the company has also successfully launched highly profitable business models such as new advertising services for real estate agents in the apartment sector and new apartment sales marketing products, thereby continuing rapid growth.
In addition, after acquiring Samsung SDS's Home IoT division, the company has introduced next-generation smart home solutions based on AI technology, focusing on new products such as facial recognition door locks and lobby phones in the smart home business sector, a new area it has entered. It is also expanding its export areas not only domestically but also in Asian regions such as China, Singapore, Taiwan, and Australia.
As a result of focusing on improving profitability by simultaneously discovering new businesses and improving the internal cost structure, Jikbang significantly improved its operating loss last year and succeeded in turning a profit in early 2025.
Jikbang CEO Ahn Sung-woo said, “Based on this investment, we plan to further develop our newly established profitable new businesses while continuously focusing on securing financial soundness to strengthen the performance improvement trend,” adding, “We will actively lead the digital transformation of the real estate market, which is of great public interest, and create a new paradigm for the real estate transaction environment.”
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