# VROONG Co.

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.vroongcorp.com
- Total disclosed funding: $34M
- Latest round: Series E (Jul 6, 2018)
- Investors on record: 9

## About

Founded in 2013 and based in Seoul, South Korea, VROONG Co., Ltd., formerly known as Mesh Korea, operates a logistics platform that offers delivery services to restaurants and local stores. In January 2023, VROONG Co., Ltd. raised KRW 60 billion in venture funding from new investor Fredit. In April 2023, VROONG Co., Ltd. raised KRW 20 billion in venture funding from returning investor Fredit. VROONG Co., Ltd. offers a logistics platform with delivery services for restaurants and local stores. The company will use the January funding to repay its operational debts.

## Funding rounds

- Series E, Jul 6, 2018, $25M — Hyundai Motor Company, Mirae Asset Capital
- Series B, Apr 5, 2016, $5.5M — KDB Capital, Humax, Kukje Pharm Co., Ltd
- Series A, Dec 27, 2014, $2.3M — Seoul Investment Partners, Solborn Venture Investment, East Gate Partners, Shinhan Capital
- Seed, Jan 24, 2013, $1.2M — Solborn Venture Investment

## Investors

- Solborn Venture Investment (https://capitalatlas.ai/funds/solborn-venture-investment) — Seed, Series A
- Seoul Investment Partners (https://capitalatlas.ai/funds/seoul-investment-partners) — Series A
- East Gate Partners (https://capitalatlas.ai/funds/east-gate-partners) — Series A
- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Series A
- KDB Capital (https://capitalatlas.ai/funds/kdb-capital) — Series B
- Humax — Series B
- Kukje Pharm Co., Ltd — Series B
- Hyundai Motor Company — Series E
- Mirae Asset Capital (https://capitalatlas.ai/funds/mirae-asset-capital) — Series E