# Binary Bridge Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/binary-bridge-co

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.pingpongpingpong.com
- Latest round: Seed (Sep 1, 2020)
- Investors on record: 2

## About

Founded in 2020, and based in Seoul, South Korea, Binary Bridge Co., Ltd. operates as a logistics software firm that offers last-mile delivery services. The company was founded by its CEO, Lim Eun-seon. In August 2022, Binary Bridge Inc. raised KRW 4.4 billion in pre-series A funding from POSCO Capital, Laguna Investment, and BonAngels.

Binary Bridge offers Ping Pong, an artificial intelligence (AI)-based logistics software platform that provides its clients with same-day delivery and real-time delivery services. In addition, the company offers a mobile application for both Android and iOS users.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include Quick service for individuals (KRW 5,900), Quick service for businesses (KRW 5,600), and Same-day delivery for online sellers (KRW 2,500).

The company plans to use the funds raised in August 2022 to advance its logistics solution, expand its service area, and actively recruit new personnel to speed up technology development and business operations.

## Funding rounds

- Seed, Sep 1, 2020 — BonAngels Venture Partners, Korea Tech Incubator for Startup

## Investors

- BonAngels Venture Partners (https://capitalatlas.ai/funds/bonangels-venture-partners) — Seed
- Korea Tech Incubator for Startup — Seed