About Barogo
Barogo is a company based in Seoul (South Korea) founded in 2014. Barogo has raised $100.52 million across 3 funding rounds from investors including Korea Investment Holdings, Yogiyo and LB Investment. Barogo has completed 1 acquisition, including Dronix. Barogo offers products and services including Delivery Platform and Rider Network. Barogo operates in a competitive market with competitors including Grab, Homerlogistics, Buying.com, Habitat Logistics and DeliverLogic, among others.
- Headquarter Seoul, South Korea
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100.52 M (USD)
in 3 rounds
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Latest Funding Round
$71.67 M (USD), Series C
Jun 10, 2021
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Investors
Korea Investment Holdings
& 9 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Barogo
Barogo offers a comprehensive portfolio of products and services, including Delivery Platform and Rider Network.
Platform for order brokerage and delivery management
Network of riders for executing parcel and food deliveries
People of Barogo
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Funding Insights of Barogo
Barogo has successfully raised a total of $100.52M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $71.67 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $71.7M
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First Round
First Round
(28 May 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series C - Barogo | Valuation | 11st , LB Investment |
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| Jul, 2019 | Amount | Series B - Barogo | Valuation | Shinhan Capital , Time Polio Asset Management |
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| May, 2018 | Amount | Series A - Barogo | Valuation | Yogiyo |
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Investors in Barogo
Barogo has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Korea Investment Holdings, Yogiyo and LB Investment.
| Investor | Description | Founded Year | Domain | Location |
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Growth-stage private equity investments are targeted across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward SMEs by STIC Ventures.
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Founded Year | Domain | Location | |
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Investment holding firm established in Seoul in 2003.
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Founded Year | Domain | Location |
Investments & Acquisitions by Barogo
Barogo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dronix.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cybersecurity services are provided to clients in South Korea.
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2013 |
Financial Statements - Barogo
Barogo Comparisons
Competitors of Barogo
Barogo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Grab, Homerlogistics, Buying.com, Habitat Logistics and DeliverLogic, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ride-hailing and on-demand delivery services are aggregated via mobile app.
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| domain | founded_year | HQ Location |
Food delivery for restaurants
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| domain | founded_year | HQ Location |
Decentralized e-commerce platform
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| domain | founded_year | HQ Location |
Provides a platform for delivery management solutions tailored to restaurants.
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| domain | founded_year | HQ Location |
Software for online ordering, delivery management, and customer support in food industry.
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Frequently Asked Questions about Barogo
Barogo was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Barogo is headquartered in Seoul, South Korea.
Barogo is a funded company, having raised a total of $100.52M across 3 funding rounds to date. The company's 1st funding round was a Series A of $18.55M, raised on May 28, 2018.
Barogo was founded in 2014 in Seoul, South Korea, where on-demand B2B hyperlocal food delivery services are provided. A consumer-facing console enables real-time ordering, while a web-based interface allows businesses to manage delivery operations centrally. Multiple hubs and a network of crowdsourced delivery agents are operated across South Korea. Clients such as McDonalds, Burger King, and KFC are served through this infrastructure.
Barogo's top competitors include Grab, Homerlogistics and Buying.com.
Barogo offers Delivery Platform and Rider Network.
Barogo has made 1 acquisition, including Dronix.
Barogo has 10 investors. Key investors include Korea Investment Holdings, Yogiyo, LB Investment, Korea Technology Finance, and 11st.