The Huesik raises 65 billion won in pre-IPO round led by TS Investment and VIP Asset Management, targeting 2028 listing.
PRIVATEOct 02, 2026
Amount Raised
₩65 Billion
Round Type
Venture
South KoreaHospitalityHotel
Investors
VIP Asset ManagementTs Investment
Description
The Huesik, a South Korean hotel operator, secured 65 billion won (approximately $46 million) in a pre-IPO funding round from TS Investment and VIP Asset Management. TS Investment has been the sole institutional investor across all rounds from Series A through this pre-IPO round, having previously committed about 40 billion won. The company plans to use the proceeds to pursue an initial public offering in 2028. The Huesik operates over 300 lodging properties under brands including Aneuk and is expanding into global hotel chains including Marriott International and Hilton Worldwide.
Company Information
Company
The Huesik
Location
South Korea
About
The Huesik is a hotel operator founded in 2019 that acquires aging motels and converts them into branded hotels. The company handles planning, construction, branding, IT solutions, and operations for over 300 lodging properties nationwide under brands like Aneuk. It is expanding into three and four-star hotel segments through partnerships with global chains including Marriott International and Hilton Worldwide. The company leverages data from 200+ directly operated properties and its proprietary hotel ERP system installed at 1,300+ sites.
Fundz sees it the moment The Huesik raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
South KoreaHospitalityHotel