People Life

Seoul, South Korea Founded: 2003 • Age: 23 yrs Acquired By Hanwha Life
Insurance planning and finance management services are offered.

About People Life

People Life is a Financial Services company based in Seoul (South Korea) founded in 2003, and was acquired by Hanwha Life in January 2023. Insurance planning and finance management services are offered. People Life has raised $62.4 million across 1 funding round from investors including Hanwha Life and Corstone Capital. Its chief executive, as recorded, is Gu Du Gyo. Its website peoplelife.co.kr draws about 257 thousand monthly visits. Its focus areas include Asset Management and Diversified.

Company details

People Life was established in 2003 in Seoul, South Korea, focusing on the insurance and financial sectors. Services including insurance planning, finance management, and related offerings are provided to clients. Operations are centered in the Korean market, with leadership directed by CEO Gu Du Gyo. The company supports individuals and businesses through structured financial advisory and planning solutions.

  • Headquarters Seoul, South Korea
  • Stage Acquired
  • Sectors
    Financial Services
  • Website category Finance · Financial Planning and Management
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website peoplelife.co.kr
  • Social Facebook
  • Acquired by Hanwha Life (Jan 2023)
Operational Areas
Key Metrics
  • Total Equity Funding
    $62.4M (USD)

    in 1 rounds

  • Latest Funding Round
    $62.4M (USD), Private Equity Round

    Dec 2018

  • Investors
  • Acquired by
    Hanwha Life

    (Jan 2023)

Funding Insights of People Life

People Life has successfully raised a total of $62.4M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $62.4 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $62.4M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $62.4M
  • First Round $62.4M

    (Dec 2018)

  • Investors Count 1

All 1 funding rounds of People Life with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2018$62.4MPrivate Equity Round–Corstone Capital
–
Valuation history

2 investors in total: 2 institutional.

Investors in People Life

People Life has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Hanwha Life and Corstone Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Buyouts are targeted by this private equity fund.
corstonecapital.comNanchang, China
Life insurance policies are offered to customers in South Korea.
1946hanwhalife.comSeoul, South Korea
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Investor details for People Life

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of People Life

1 people are tracked at People Life (1 in leadership).

NameRoleGroup
Gu Du Gyo
CEOLeadership
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Complete people profiles for People Life

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of People Life

3 dated milestones of People Life across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded People Life is founded.
  2. Funding First funding round of $62.4M.
  3. Exit Acquired by Hanwha Life.

Web traffic of People Life

The website of People Life (peoplelife.co.kr) receives about 257.1K visits a month and ranks #111,798 among all websites worldwide, #7,014 in Financial Planning and Management.

  • Monthly visits
    257.1K

    ▼ 12.2% vs previous month

  • Unique visitors
    58.1K

    per month

  • Global rank
    #111,798

    among all websites

  • Category rank
    #7,014

    Finance · Financial Planning and Management

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100%
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bohumclinic.com
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#2,456,393–
nicebizline.com
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–
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Related news about People Life

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Complete news archive for People Life

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Frequently Asked Questions about People Life

People Life was founded in 2003 and raised its 1st funding round 15 years after it was founded.

People Life is headquartered in Seoul, South Korea.

Gu Du Gyo is the CEO of People Life, as recorded in our data.

People Life is a funded company, having raised a total of $62.4M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $62.4M, raised on Dec 2018.

People Life was established in 2003 in Seoul, South Korea, focusing on the insurance and financial sectors. Services including insurance planning, finance management, and related offerings are provided to clients. Operations are centered in the Korean market, with leadership directed by CEO Gu Du Gyo. The company supports individuals and businesses through structured financial advisory and planning solutions.

People Life has 2 investors. Key investors include Hanwha Life, and Corstone Capital.

Yes. People Life was acquired by Hanwha Life in January 2023.

The website of People Life receives about 257 thousand visits a month and ranks #111,798 among all websites worldwide.

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