The genus Martensia (Delesseriaceae, Rhodophyta) is characterized by thalli composed of one to several blades that consist of proximal membranous sections and distal latticework. Nerves or veins are absent in the membranous sections. The life cycle of Martensia is accomplished by isomorphic alternation of generations. The gametophytes of Martensia are dioecious, and the male and female gametangial plants are morphologically similar. The type species of Martensia is M. elegans Hering. In this study, nine species were confirmed to occur in the subtidal regions of Jeju Island, Korea: M. albida sp. nov., M. australis Harvey, M. bibarii Y. Lee, M. elegans Hering, M. flammifolia sp. nov, M. fragilis Harvey, M. jejuensis Y. Lee, M. palmata Y. Lee, and M. projecta Y. Lee. Three of these, M. australis, M. fragilis, and M. elegans, are new records in the flora of Korea. The results of molecular analyses of the internal transcribed spacer (ITS) 1 region in the nrDNA showed that M. elegans is identical to M. australis, and M. fragilis coincides with M. bibarii. It may be a less effective tool for the species discrimination in Martensia.