Douzone Bizon
Category: AI Agents
South Korea's leading locally-developed ERP and enterprise software company (formerly KOSPI 012510; EQT take-private July 2026), now pivoting to AI Transformation (AX) with its ONE AI enterprise agent platform. Douzone Bizon was founded in 1991. The company is led by Lee Kang-soo (이강수, Vice Chairman, Co-CEO) & Ji Yong-gu (지용구, President, Co-CEO). Based in Chuncheon, Gangwon-do, South Korea. Total funding raised: $930M. Latest round: Acquired. Key investors include EQT (BPEA Private Equity Fund IX; 100% via Doronicum SPC take-private), Shinhan Financial Group (former), Duzon Holdings / Young-woo Kim (former).
- Founded
- 1991
- Headquarters
- Chuncheon, Gangwon-do, South Korea
- Total funding
- $930M
Value proposition
Provides Korea's #1 locally-developed ERP, groupware, and business management software to SMEs and large enterprises, now integrating generative AI (ONE AI) to drive AI Transformation (AX) across ERP, groupware, and document management workflows.
Products and solutions
ONE AI (enterprise AI agent + private edition for closed networks), WEHAGO (SaaS business platform), WEHAGO T (tax/accounting firm ERP, incl. AI Edition with Proactive AI), Amaranth 10 (integrated ERP+groupware+document management with generative AI), iCUBE, ERP 10, OmniEsol, groupware, electronic tax invoice, electronic fax, cloud/IDC services.
Unique value
Dominant domestic ERP market leader (~70% SME ERP share; ~16.6-20% overall domestic ERP share) with deep localization, now extending into AI Transformation with ONE AI enterprise agents tailored for Korean corporate workflows and closed/private networks.
Target customer
Korean SMEs (primary), mid-sized and large corporations, tax/accounting firms (WEHAGO T), public sector and financial institutions (closed-network/private editions).
Industries served
Enterprise software (ERP), finance/accounting, tax, healthcare, public sector, construction/real estate, food & beverage, manufacturing.
Technology advantage
Korea's largest locally-developed ERP platform serving as digital backbone for Korean SMEs; cloud-native SaaS (WEHAGO) + on-prem ERP (iCUBE/ERP 10); generative AI integration (ONE AI, Amaranth 10) with private/closed-network editions for public & financial sectors; national certification programs (FAT, TAT, ERP education) create strong customer lock-in.
How they differentiate
Unlike global giants SAP/Oracle, Douzone Bizon is the dominant locally-developed ERP for Korean SMEs with deep localization and regulatory compliance (tax, FAT/TAT), and is now differentiating via AI Transformation (AX) with ONE AI enterprise agents localized for Korean corporate workflows and closed networks.
Main competitors
SAP, Oracle, Samsung SDS, Younglimwon Soft Lab (Younglim), HandySoft.
Key partnerships
EQT (100% owner via Doronicum SPC; KOSPI delisting July 2026; initially 37.6% Nov 2025), Shinhan Financial Group (former shareholder), Korea Productivity Center (KPC) AI service supply MOU, Korea Internet & Security Agency (KISA), Seoul Metropolitan Government (ONE AI PE supply)
Notable customers
Seoul Metropolitan Government (ONE AI PE), Korea Airports Corporation (AX work platform), Donga Otsuka (food & beverage ERP build), Korea Productivity Center (KPC), 10,000+ Korean SME ERP clients; 7,400+ ONE AI adopters.
Major milestones
1991 founded, 2003 Douzone DASS corporate entity established, 2011 moved HQ to Gangchon campus + D-Cloud center, 2018 first Korean software company to exceed KRW 200B revenue, 2023 transitioned to co-CEO system (Lee Kang-soo & Ji Yong-gu), 2025 EQT invested US$930M for 37.6% stake, 2026-01 Lee Kang-soo promoted Vice Chairman, Ji Yong-gu President (Co-CEOs), 2026-03 EQT ~90% via tender; Co-CEO/AX governance relaunch, 2026-07-15 KOSPI delisting; EQT 100% subsidiary via Doronicum, 2026 ONE AI enterprise agent / private edition at K-ICT WEEK in BUSAN.
Growth metrics
2025 annual revenue KRW 446.3B (+10.9% YoY), operating profit KRW 127.7B (+45%); 2025 Q4 revenue KRW 127.1B, OP KRW 46.1B; ONE AI adopted by 7,400+ companies (~118k users); ~70% SME ERP share; 10,000+ ERP clients.
Market positioning
#1 domestic ERP market share in Korea (~70% SME ERP share; ~16.6-20% overall), EQT-owned (delisted July 2026), ~KRW 446B (2025) annual revenue; positioned as Korea's leading AX (AI Transformation) company.
Geographic focus
South Korea (primary); overseas branches in China and Philippines.
Patents and IP
Cloud Security Assurance Program (CSAP) certification from KISA; designated innovative financial service provider by Financial Services Commission.
About Lee Kang-soo (이강수, Vice Chairman, Co-CEO) & Ji Yong-gu (지용구, President, Co-CEO)
Lee Kang-soo: joined Douzone Bizon ERP business division as representative in 1996, promoted to Vice Chairman in 2026; leads ERP Platform Business Group (ERPBG). Ji Yong-gu: promoted to President in 2026; leads AX Innovation Business Group (AXIBG).
Latest news about Douzone Bizon
More AI Agents companies
Official website: https://en.douzone.com
