Team Fresh

Logistics & DistributionSeries DSeoul, South Koreateamfresh.co.kr

Latest round

Series D

Last raised

Jun 2022

Total raised

$171M

Investors

21

About Team Fresh

, Ltd. is a cold-chain platform company that provides logistics, delivery, and fulfillment services for fresh goods and groceries. The company's founder and current CEO is Sung-il Lee who was a former Kurly Corp. employee. The company provides logistics, delivery, and fulfillment services for third-party companies that are mainly in fresh goods and groceries businesses. TeamFresh owns a logistics center located in Suwon-si and cold storage trucks that stores and delivers good directly to consumers in Seoul. TeamFresh also provides purchasing service for supplying food materials to clients that are engaged in catering, dining, and online food commerce businesses. The company's revenue is generated from providing logistics, storage, delivery, fulfillment, purchasing, and other types of cold chain services from its client companies., Ltd.com. As of April 2021, TeamFresh plans to launch an Online To Offline (02) service that connects clients with delivery drivers directly. It also plans to improve the efficiency of its fulfillment service by establishing regional logistics hubs.

Who invested in Team Fresh

21 investors across 4 rounds

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Funding rounds

  1. Series D

    Jun 29, 2022

    Amount

    $123M

    Investors

    Locked

  2. Series C

    Mar 30, 2021

    Amount

    $27M

    Investors

    Locked

  3. Series B

    May 6, 2020

    Amount

    $17M

    Investors

    Locked

  4. Series A

    Mar 4, 2019

    Amount

    $4M

    Investors

    Locked

Questions about Team Fresh

Who invested in Team Fresh?

Team Fresh has 21 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Team Fresh raised?

Team Fresh has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Team Fresh last raise money?

Team Fresh's most recent round on record is a Series D, in Jun 2022.

What does Team Fresh do?

Team Fresh is a logistics & distribution company.

Where is Team Fresh headquartered?

Team Fresh is headquartered in Seoul, South Korea.

Which VCs invest in companies like Team Fresh?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back logistics & distribution companies at Team Fresh's stage. Their profiles are linked below.

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