# Quarterback Investments Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quarterback-investments-co

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.quarterback.co.kr/
- Total disclosed funding: $21M
- Latest round: Series B (Apr 21, 2022)
- Investors on record: 6

## About

Quarterback Investments, based in South Korea, specializes in asset management, focusing on retirement pension management and investment strategies for individual and institutional clients.Founded in 2015 in Seoul, South Korea, Quarterback Investments Co.,Ltd. is an asset management firm focused on retirement solutions. The company has successfully closed 3 deals, with the most recent funding occurring on April 21, 2022. In this round, they secured KRW 9 billion in SERIES B funding from notable investors including KB Investment and Mirae Asset Venture Investment, among others. The total amount raised by the company amounts to KRW 9 billion, which is also the amount from the latest funding round, indicating a strong backing from its investors.Quarterback Asset Management specializes in retirement pension management, Individual Retirement Plans (IRP), and investment strategies targeting global assets, including U.S. themes. Utilizing data-driven approaches, they optimize offerings for tailored retirement solutions. Their core services include retirement savings accounts, investment consulting, and portfolio management, all aimed at safeguarding and growing client assets over the long term. The firm primarily serves clients in South Korea and collaborates with over 20 financial institutions to enhance their service delivery.Quarterback Asset Management generates revenue through management fees based on assets under management, which range from fixed percentage fees to performance-based fees depending on investment outcomes. Clients engage in management agreements for retirement accounts, including IRPs and pensions, where the firm develops customized investment strategies to meet their specific financial goals. The fee structure may include a standard annual management fee of 0.7% to 1.0%, alongside performance fees that apply only when positive returns are achieved. This structure fosters direct relationships with clients, ensuring transparency in asset management.In April 2022, Quarterback Investments Co.,Ltd. raised KRW 9 billion in SERIES B funding, which will be utilized to expand its digital asset management business, enhance related services, and recruit talent to support these initiatives. The company plans to develop new products focused on digital asset management and aims to penetrate additional markets in Asia by 2023. The funding is part of a broader strategy to upgrade their service offerings and improve operational efficiencies in response to evolving market demands.

## Funding rounds

- Series B, Apr 21, 2022, $7.2M — KB Investment, Mirae Asset Venture Investment, ATON Inc., Kyobo Lifeplanet Life Insurance Company
- Series B, Mar 2, 2022, $8.2M — Shinhan Capital
- Series A, May 18, 2021, $5.8M — KB Investment, Mirae Asset Venture Investment, The Seed Partners

## Investors

- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A, Series B
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series A, Series B
- The Seed Partners (https://capitalatlas.ai/funds/the-seed-partners) — Series A
- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Series B
- ATON Inc. — Series B
- Kyobo Lifeplanet Life Insurance Company — Series B