Global music enterprise DOD has raised KRW 12.1 billion (approximately $9.2 million) in Pre-Series A funding from major domestic venture capital firms. The round was led by HASHED Ventures, with participation from CJ Investment, iM Investment Partners, Union Investment Partners, and FuturePlay.

DOD operates as a data-driven music platform, creating new value in the global K-POP market. The company focuses on strengthening artist IP through its in-house label business while also expanding its commerce activities (such as merchandise and pop-up stores) and performance/concert ventures in collaboration with external global K-POP IP. The funds will be used to discover new artists and scale its global operations, solidifying its position as a leader in the global music industry. Future plans include expanding its K-POP IP business to Southeast Asia and Japan.

DOD CFO Jeon Young-jae stated, “We aim to grow into a global music enterprise with multi-labels, moving beyond the domestic market. This investment will be a key step for DOD to advance on the global stage.”

A HASHED Ventures representative remarked, “DOD’s IP ecosystem enables talented K-POP artists with strong fanbases to grow globally. Within two years of its founding, the company has achieved impressive sales and profit growth through IP expansion and vertical integration of the value chain. We foresee further growth in overseas markets like Southeast Asia and Japan, fueled by their K-POP IP and training systems.”
Founded in 2022, DOD includes notable artists such as BTOB’s Seo Eunkwang, Lee Minhyuk, Lim Hyunsik, Peniel, Momoland’s Nancy, and Nmix’s Genie. In its early stages, the company received investments from CRIT Ventures and KNET Investment Partners.