Chabot Mobility
A B2B2C digital mobility platform integrating vehicle purchase, ownership, and embedded insurance in South Korea.
Overview
Chabot Mobility is an embedded insurance and mobility platform provider for consumers and businesses in South Korea. The company operates a B2B2C digital marketplace that covers the full vehicle lifecycle -- from new car purchase and financing through to rentals, leasing, and resale -- with insurance woven directly into each transaction. Its platform connects consumers with pre-screened, verified dealers through a transparent quotation engine, removing the information asymmetry that has historically characterized automobile sales.
The platform is built on a mobile-first architecture (iOS and Android apps, Next.js web) and integrates insurance products from Hyundai Marine & Fire Insurance Co. directly into purchase and ownership workflows. In 2024, Chabot partnered with iFA to launch a data-driven mobility insurtech layer targeting South Korea's expanding electric vehicle and ridesharing market, applying real-time driving data and advanced analytics to deliver personalized coverage options and safe-driving incentives.
Founded in 2016 under the name Born Consulting Networks, Chabot has accumulated 1.2 million registered users and approximately KRW 720 billion (roughly USD 541 million) in total transaction volume over its first seven years, with 150% average annual revenue growth. The company raised a Series C round in September 2024 and has been named to the Financial Times / Statista Asia-Pacific High-Growth Companies list for three consecutive years, ranking 237th in the 2026 edition.
Products & Services
Car Purchase Platform (New Car)
A digital automotive concierge enabling consumers to calculate quotes for new car purchases via installment or lump-sum payment, compare options, and receive verified dealer quotes through a transparent pricing engine.
Key Features
- Verified dealer matching and pre-screening
- Quote comparison for installment and lump-sum purchase options
- Digital transaction completion
Target Users: Individual consumers purchasing new vehicles
Rental and Leasing Consultation
A monthly-payment optimization service that provides personalized rental and leasing recommendations based on usage patterns and customer preferences.
Key Features
- Benefit-based pricing consultation
- Usage-pattern analysis
- Side-by-side comparison of rental and lease options
Target Users: Consumers seeking flexible vehicle access
Import Car Quote Comparison
A comparison tool for imported vehicle quotes enabling consumers to receive competitive quotations across multiple brands and models from participating dealers.
Key Features
- Multi-brand import vehicle pricing
- Dealer quote aggregation
- The Carpet platform integration (acquired May 2024) for premium import management
Target Users: Consumers seeking imported and premium vehicles
Embedded Insurance Products
Integrated insurance coverage offered in partnership with Hyundai Marine & Fire Insurance Co., embedded directly into vehicle purchase, ownership, and financing workflows.
Key Features
- Seamless insurance integration at point of vehicle purchase
- Tailored coverage tied to individual vehicle and ownership profile
- Single-platform experience across purchase and insurance management
Target Users: Consumers completing vehicle purchases on the Chabot platform
Data-Driven Mobility Insurtech Platform (with iFA)
A co-developed platform launched in 2024 targeting South Korea's EV and ridesharing market, applying real-time driving data to generate personalized insurance coverage and behavioral incentives.
Key Features
- Real-time driving data collection and analysis
- Personalized coverage options for EV and ridesharing users
- Safe driving incentive programs with cost reduction potential
- Advanced analytics for risk segmentation
Target Users: EV owners, ridesharing operators and drivers
At a Glance
- Founded
- 2016
- Headquarters
- Seoul, South Korea
- Employees
- 11-50
- Funding
- Series C
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Embedded Insurance Digital Automotive Marketplace Mobility Platform
- Insurance Verticals
- P&C Personal Specialty/E&S
- Target Customers
- Consumers, Carriers
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Last updated: 2026-06-13