The Hyoosik raises 65B won in pre-IPO round led by TS Investment and VIP Asset Management. The Seoul-based hotel software startup plans to expand into 3-4 star hotels.
PRIVATEOct 23, 2026
Amount Raised
₩65 Billion
Round Type
Venture
SeoulSoftwareHospitalityHotel
Investors
VIP Asset ManagementTS Investment
Description
The Hyoosik, a PropTech-based accommodation-solution provider founded in 2019, closed a 65 billion won pre-IPO funding round on October 20, 2026. TS Investment and VIP Asset Management participated, with VIP Asset Management contributing 20 billion won as its largest-ever investment in an unlisted company. The funding brings The Hyoosik's cumulative fundraising to 107.8 billion won. The company plans to push into 3-4 star hotels with its operations stack.
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Company Information
Company
The Hyoosik
Location
Seoul, Seoul, South Korea
About
The Hyoosik is a PropTech-based accommodation-solution provider founded in 2019 that offers all-in-one services across the accommodation industry. The company provides comprehensive operations solutions covering planning, build-out, daily operations, and software for 3-4 star hotels. It functions as an operations stack delivering software-style economics within the hospitality sector.
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