In the five years since its establishment in December of 2017 by the city of Seoul, the Seoul AI Hub has been home to 110 companies and currently houses over a hundred more while also maintaining 163 membership companies, a total cumulative worth of over 2 trillion won (KRW). The Seoul AI Hub has been awarded with fourteen accolades including the highly prestigious CES Innovation award and has recently celebrated the IPO of Crowdworks, a graduate of the Hub.

As part of developing the start-up ecosystem, the Seoul AI Hub provides support to AI start-ups in Korea in various ways including technical problem solving, overseas expansion, and management support to name a few. Being located near Gangnam, a key area in the IT industry, where research facilities of numerous large IT companies are gathered, also gives the Seoul AI hub a locational advantage, allowing ease of communication with members in the industry.

Due to the numerous advantages associated with being a part of the Seoul AI Hub, the hub has become a rite of passage for the unicorns of the AI start-up world in their early stages, aiming to prime them for a successful lift off.