# Logispot co.

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

- Industry: Logistics & Distribution
- Headquarters: Seoul, South Korea
- Website: www.logi-spot.com
- Total disclosed funding: $49M
- Latest round: Series C (Dec 27, 2021)
- Investors on record: 11

## About

Logispot, based in South Korea, specializes in integrated logistics solutions, offering services such as transportation, express delivery, and customs handling, leveraging advanced IT technology to streamline operations for various industries.Logispot Co., Ltd. focuses on providing logistics services and was founded in 2005 in Seoul, South Korea. The company has undergone significant growth and secured a total of 4 deals, with the most recent one taking place on December 27, 2021. In this Series C funding round, Logispot raised KRW 30 billion, led by Woori Private Equity Asset Management and supported by Q Capital Partners. The total amount raised by the company now stands at KRW 30 billion, with a current valuation of KRW 270,589.972 million. Joon Park and Seung Chae are the founders, and Joon Park currently serves as CEO.Logispot provides a comprehensive suite of integrated logistics solutions, leveraging extensive national logistics infrastructure and advanced IT technology. The company’s core offerings include export and import inland transportation, express delivery services, customs transportation, and specialized logistics for sectors such as healthcare and e-commerce. By integrating processes from documentation to container management, Logispot delivers optimized transportation services across various business sectors, ensuring that clients experience streamlined operations. The company serves clients throughout South Korea, providing extensive logistics support and management for both small and large-scale operations.In the most recent year, Logispot reported a revenue of KRW 59,807,233.30, with an EBITDA amount of KRW 1,165,764.60 for the year 2024.Logispot's strategy for future growth includes utilizing the KRW 30 billion raised in the Series C funding round to upgrade its infrastructure and platform, aiming to provide a stable cloud-based supply chain for customers. The company plans to continue enhancing its existing service offerings while exploring new geographic markets to expand its reach effectively.

## Funding rounds

- Series C, Dec 27, 2021, $25M — Woori Private Equity Asset Management, Q Capital Partners
- Series C, May 17, 2021, $13M — Korea Development Bank, Douzone Holdings
- Series B, Oct 22, 2019, $8.5M — JB Investment, UTC Investment, IGIS Asset Management, Dunamu & Partners, AlpenRoute Asset Management
- Series A, Oct 17, 2018, $1.7M — SparkLabs Accelerator, Kakao Ventures

## Investors

- SparkLabs Accelerator (https://capitalatlas.ai/funds/sparklabs-accelerator) — Series A
- Kakao Ventures (https://capitalatlas.ai/funds/kakao-ventures) — Series A
- JB Investment (https://capitalatlas.ai/funds/jb-investment) — Series B
- UTC Investment (https://capitalatlas.ai/funds/utc-investment) — Series B
- IGIS Asset Management (https://capitalatlas.ai/funds/igis-asset-management) — Series B
- Dunamu & Partners (https://capitalatlas.ai/funds/dunamu-partners) — Series B
- AlpenRoute Asset Management — Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series C
- Douzone Holdings (https://capitalatlas.ai/funds/douzone-holdings) — Series C
- Woori Private Equity Asset Management (https://capitalatlas.ai/funds/woori-private-equity-asset-management) — Series C
- Q Capital Partners (https://capitalatlas.ai/funds/q-capital-partners) — Series C