Korea Exchange Systems

Korea Exchange Systems

Real estate data, content, and solution provider.

HQ location
South Korea
Website
Launch date
Enterprise value
$67—101m
Company register number
2148709557
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DateInvestorsAmountRound
*

KRW20.0b

Series A
Total Funding000k
Notes (0)
More about Korea Exchange Systems
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Korea Exchange Systems (KMS), a subsidiary of SK Group, is a prop-tech company established in April 2002. The company specializes in providing real estate big data, content, and solutions to a variety of clients including portals, financial institutions, public organizations, and media companies.

KMS has built a substantial database by collecting real estate data for over 19 years, positioning itself as a standard-setter for real estate data in the market. Its services are foundational to the real estate information platforms of major players like Naver Real Estate, Maekyung Real Estate, and several top-tier banks in Korea, including KB Kookmin Bank, Shinhan Bank, Woori Bank, and Hana Bank. The business model involves supplying customized data and solutions to these entities. For instance, the company provides data for Naver Real Estate and has developed and operated sites like Daum Real Estate.

The company offers a suite of products, including the integrated housing rental management solution 'eRoom', which helps landlords and property management companies optimize operating costs through automated rental and vacancy management. KMS also operates 'e-Bunyang', a real estate sales information media service, and provides PR and marketing solutions for property sales sites. Additionally, it supports real estate agents with various work solutions, serving a network of 17,000 member companies. The company has received recognition for its data quality, winning an excellence award at the Data Quality Awards from the Ministry of Science and ICT. In recent years, SK Discovery acquired KMS, incorporating it into the SK Group. This was followed by an investment from Yanolja Cloud, a hospitality solutions company, to further expand its technological applications.

Keywords: prop-tech, real estate data, big data solutions, property technology, real estate content, rental management software, property database, financial data integration, real estate marketing, housing data, eRoom, e-Bunyang, data solutions provider, property information services, SK Group subsidiary, real estate analytics, property transaction data, data-driven real estate, public record data, real estate platform

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