About Logospot
Logospot is a company based in Seoul (South Korea) founded in 2005 by Seungmin Chae, David Jun Gyu Park, and Jaeyoung Park was acquired by T Map Mobility in June 2022.. Logospot has raised $38.54 million across 2 funding rounds from investors including T Map Mobility, Woori Financial Group and Duzon IT Group. Logospot operates in a competitive market with competitors including Freight Tiger, Transporeon, Shipwell, 3GTMS and MercuryGate, among others.
- Headquarter Seoul, South Korea
- Founders Seungmin Chae, David Jun Gyu Park, Jaeyoung Park
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Sectors
Transportation, Automotive & Logistics
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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
$38.54 M (USD)
in 2 rounds
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Latest Funding Round
$25.25 M (USD), Series C
Dec 27, 2021
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Investors
T Map Mobility
& 3 more
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Employee Count
Employee Count
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Acquired by
T Map Mobility
(Jun 17, 2022)
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Funding Insights of Logospot
Logospot has successfully raised a total of $38.54M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $25.25 million completed in December 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 2
- Last Round Series C — $25.3M
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First Round
First Round
(01 May 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series C - Logospot | Valuation | Woori Financial Group |
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| May, 2021 | Amount | Series C - Logospot | Valuation | Korea Development Bank Europe , Duzon IT Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Logospot
Logospot has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include T Map Mobility, Woori Financial Group and Duzon IT Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified lending services are provided as a non-banking financial institution.
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Founded Year | Domain | Location | |
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Operates as a commercial bank providing deposits, loans, and payment services to customers.
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Founded Year | Domain | Location | |
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IT solutions and services are offered to South Korean companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Logospot
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Logospot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Logospot Comparisons
Competitors of Logospot
Logospot 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 Freight Tiger, Transporeon, Shipwell, 3GTMS and MercuryGate, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Freight and logistics are managed via web-based platform.
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| domain | founded_year | HQ Location |
Cloud-based transport management solutions are provided for logistics enterprises.
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| domain | founded_year | HQ Location |
Online booking platform for freight transportation
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| domain | founded_year | HQ Location |
Transportation management systems are provided for third-party logistics firms.
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| domain | founded_year | HQ Location |
Cloud-based transportation management systems are provided for multimodal logistics.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Logospot
Frequently Asked Questions about Logospot
When was Logospot founded?
Logospot was founded in 2005 and raised its 1st funding round 16 years after it was founded.
Where is Logospot located?
Logospot is headquartered in Seoul, South Korea.
Who is the current CEO of Logospot?
David Jun Gyu Park is the current CEO of Logospot. They have also founded this company.
Is Logospot a funded company?
Logospot is a funded company, having raised a total of $38.54M across 2 funding rounds to date. The company's 1st funding round was a Series C of $13.29M, raised on May 01, 2021.
What does Logospot do?
LogiSpot was established in 2005 in Seoul, South Korea, within the logistics sector. A Transport Management System is delivered as software-as-a-service, encompassing vehicle and driver oversight, carrier coordination, dispatch handling, payment processing, real-time shipment tracking, and business intelligence tools. Additional services are managed by a specialized team. Operations support clients including Casamia, Seoyon Top Metal, BodyFriend, and LOEX.
Who are the top competitors of Logospot?
Logospot's top competitors include Freight Tiger, Descartes and Shipwell.
Who are Logospot's investors?
Logospot has 4 investors. Key investors include T Map Mobility, Woori Financial Group, Duzon IT Group, and Korea Development Bank Europe.
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