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Teamez, a used-car warranty insurance fintech startup, secured seed investment from the Korea Association of Industrial Intelligence and was selected for TIPS 2026.

PRIVATENov 03, 2026

Round Type

Seed

South KoreaFinancial ServicesArtificial IntelligenceFintech

Investors

Korea Association of Industrial Intelligence

Description

Teamez, a fintech startup operating FINCAT (used-car warranty insurance infrastructure), received seed investment from the Korea Association of Industrial Intelligence. The company was subsequently selected for the 2026 third-round general track of TIPS (Tech Incubator Program for Startup), a private-investment-led tech startup program run by the Ministry of SMEs and Startups. The investment amount was not disclosed. Teamez plans to use the funding to refine two AI engines: a re-identification prevention engine and an explainable AI engine for used-car warranty insurance workflows.

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Company Information

Company

Teamez

Location

South Korea

About

Teamez is a fintech startup that provides FINCAT, a collaboration infrastructure for used-car warranty insurance workflows. The platform standardizes and digitizes processes that were previously handled manually among insurers, loss adjusters, and repair shops. The company focuses on developing explainable AI and personal data protection technologies to improve efficiency and transparency in insurance operations. Founded in January 2022 and headquartered in Ulsan, Teamez has been validated through the Financial Services Commission's Financial Regulatory Sandbox.

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Teamez raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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