Kyobo Life Insurance Nurtures 239 Startups Addressing Social Issues Over 8 Years

94% Startup Survival Rate, 487 Jobs Created A Sustainable Social Contribution Model Beyond One-Off Support "Fulfilling Social Responsibility as a Corporate Citizen"

On August 21, Kyobo Life Insurance announced that it has supported 239 startups (social ventures) working to address social issues through its social contribution program 'Impact Up' from 2018 through last year. The products and services of these businesses have benefited 301,751 people, including children, adolescents, and other vulnerable groups.

Seoul Jongno-gu Kyobo Life Headquarters building view. Kyobo Life Insurance

Launched in 2018, Impact Up initially focused on supporting companies that help educate and nurture future generations such as children and adolescents, and has since expanded into areas such as welfare, healthcare, and the environment. Depending on their stage of growth, participating startups receive expert mentoring, management and legal consulting, marketing support, investor relations (IR) opportunities, and networking activities.

According to the '2025 Impact Up Performance Report' published last month, Kyobo Life Insurance identified 1,246 companies addressing social issues over the past eight years, of which it supported 239. The survival rate of these nurtured companies reached 94%, and 487 new jobs were created during their growth process.

The products and services of these companies have been used in diverse settings—including education, care, and healthcare—positively impacting solutions for social challenges. The report covers each company's individual support records: 48,160 people received free mental health diagnosis and counseling using artificial intelligence (AI); 13,000 people benefited from a free childcare matching service; 6,100 children were supported with meals; and 10,160 students received stress management assistance, among other achievements.

Recently, the scope of support has been expanding to include areas such as health management for the elderly and mental wellness for adolescents.

Stress Solution provided 10,160 students with stress measurement and customized counseling through its 'Healing Beat' service, which analyzes biometric signals to offer personalized sound therapy. The company is also currently developing technology to predict panic attack risks by analyzing heart rate variability.

BioBytes has developed and is operating an AI solution for the early diagnosis and management of sarcopenia—a condition characterized by age-related decreases in muscle mass and strength.

Impact Up aligns with Kyobo Life Insurance's philosophy of sustainable management, which calls for growth alongside a variety of stakeholders such as the local community. The program is designed to help companies become self-reliant, ensuring that the effects of corporate social contribution do not remain one-off, but can endure over time.

A Kyobo Life Insurance representative stated, "The role of Impact Up is to help companies with good ideas and technologies for solving social problems continue to grow in the market," adding, "We will continue to support their achievements expanding to more people and local communities moving forward."

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