# Barogo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/barogo

- Industry: Logistics & Distribution
- Headquarters: Seoul, South Korea
- Website: www.barogo.com
- Total disclosed funding: $100M
- Latest round: Series D (Jan 28, 2022)
- Investors on record: 14

## About

Based in Seoul, South Korea, and founded in 2014, Barogo operates as a delivery and logistics company that provides food delivery services from restaurants to customers. 

Barogo offers food delivery services for short-distance deliveries. The company manages more than 29,000 riders and 1,000 logistic hubs throughout South Korea.

The company's revenue is generated from B2B commerce. Barogo has signed delivery agency contracts with major food franchise companies such as fast food, coffee, fried chicken, and other restaurant franchises in South Korea. The company receives delivery orders from business clients that are using online food ordering applications such as Baedal Minjeok and Yogiyo. Barogo then provides food delivery services through its contracted riders to the customers.

## Funding rounds

- Series D, Jan 28, 2022, $42M — Keistone Partners
- Series C, Jun 18, 2021, $43M — LB Investment, Shinhan Venture Investment, CJ Group, Korea Investment Partners, Premier Partners, STIC Ventures, YG Investment, Eleven Street Co.,Ltd.
- Series B, Dec 28, 2019, $15M — Korea Technology Finance Corporation, Shinhan Capital, CJ Investment, Time Folio Asset Management, Kudos Ventures

## Investors

- Korea Technology Finance Corporation — Series B
- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Series B
- CJ Investment (https://capitalatlas.ai/funds/cj-investment) — Series B
- Time Folio Asset Management — Series B
- Kudos Ventures (https://capitalatlas.ai/funds/kudos-ventures) — Series B
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series C
- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series C
- CJ Group — Series C
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series C
- Premier Partners (https://capitalatlas.ai/funds/premier-partners) — Series C
- STIC Ventures (https://capitalatlas.ai/funds/stic-ventures) — Series C
- YG Investment (https://capitalatlas.ai/funds/yg-investment) — Series C
- Eleven Street Co.,Ltd. — Series C
- Keistone Partners (https://capitalatlas.ai/funds/keistone-partners) — Series D