About Logospot
Logospot is a Transportation, Automotive & Logistics company based in Seoul (South Korea) founded in 2005 by Seungmin Chae, David Jun Gyu Park, and Jaeyoung Park, and was acquired by T Map Mobility in June 2022. It operates as a saaS-based transport management solutions are provided by LogiSpot. Logospot has raised $38.54 million across 2 funding rounds from investors including T Map Mobility, Woori Financial Group and Duzon IT Group. Its chief executive is David Jun Gyu Park. Its website logi-spot.com draws about 58 thousand monthly visits. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include Freight Tiger, Transporeon, Shipwell, 3GTMS and MercuryGate and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Seoul, South Korea
- Founders Seungmin Chae, David Jun Gyu Park, Jaeyoung Park
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website logi-spot.com
- Social LinkedIn
- Acquired by T Map Mobility (Jun 2022)
- Total Equity Funding$38.54M (USD)
in 2 rounds
- Latest Funding Round$25.25M (USD), Series C
Dec 2021
- InvestorsT Map Mobility
& 3 more
- Acquired byT Map Mobility
(Jun 2022)
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 $38.54M
- Total Rounds 2
- Last Round Series C — $25.25M
- First Round $13.29M
(May 2021)
- Investors Count 3
All 2 funding rounds of Logospot with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $25.25M | Series C | – | Woori Financial Group | – |
| May 2021 | $13.29M | Series C | – | Korea Development Bank Europe, Duzon IT Group | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified lending services are provided as a non-banking financial institution. | 2001 | woorifg.com | Seoul, South Korea | |
Operates as a commercial bank providing deposits, loans, and payment services to customers. | 1989 | kdbbank.eu | Budapest, Hungary | |
IT solutions and services are offered to South Korean companies. | 1991 | duzon.co.kr | Seoul, South Korea | |
Map applications for transportation location management are provided. | 2018 | tmapmobility.com | Seoul, South Korea |
Investor details for Logospot
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People of Logospot
3 people are tracked at Logospot (3 in leadership).
| Name | Role | Group |
|---|---|---|
Seungmin Chae | Co-Founder | Leadership |
David Jun Gyu Park | Co-Founder & Co-CEO | Leadership |
Jaeyoung Park | Co-Founder & Co-CEO | Leadership |
Complete people profiles for Logospot
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Timeline of Logospot
4 dated milestones of Logospot across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Logospot is founded.
- Funding First funding round of $13.3M.
- Funding Latest funding round, Series C, of $25.3M.
- Exit Acquired by T Map Mobility.
Competitors of Logospot
Logospot has 9 listed competitors in our database, 6 of them funded. They include Freight Tiger, Transporeon, Shipwell, 3GTMS and MercuryGate, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freighttiger.com | 2014 | Mumbai, India | $60.2M | 414 | Freight and logistics are managed via web-based platform. | |
| transporeon.com | 2000 | Ulm, Germany | – | – | Cloud-based transport management solutions are provided for logistics enterprises. | |
| shipwell.com | 2016 | Austin, United States | $47.08M | 127 | Online booking platform for freight transportation | |
| 3gtms.com | 2013 | Shelton, United States | $29.97M | 141 | Transportation management systems are provided for third-party logistics firms. | |
| mercurygate.com | 2000 | Cary, United States | $200,000 | 216 | Cloud-based transportation management systems are provided for multimodal logistics. | |
| descartes.com | 1981 | Waterloo, United States | – | 508 | Cloud-based solutions for transportation and supply chain management are offered. | |
| pcssoft.com | 1997 | Houston, United States | $300,000 | 87 | AI & SaaS-driven transportation management software solution provider | |
| shipsy.io | 2015 | Gurugram, India | $32.89M | 233 | AI-powered logistics and supply chain solutions are delivered for businesses. | |
| transplace.com | 2000 | Frisco, United States | – | – | Transportation management and 3PL solutions are provided to shippers. |
Detailed competitors of Logospot
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- Full competitor set
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Web traffic of Logospot
The website of Logospot (logi-spot.com) receives about 58K visits a month.
- Monthly visits58K
▲ 52.1% vs previous month
Websites whose visitors overlap most with Logospot. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
logibridge.kr | logibridge.kr | 100% | – | #2,068,881 | – |
| colosseum.kr | 91% | 30K | #465,640 | View details | |
emaxit.co.kr | emaxit.co.kr | 87% | – | #2,519,607 | – |
| cello-square.com | 83% | 77.2K | #574,192 | View details | |
map.naver.com | map.naver.com | 24% | – | #156 | – |
Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as Logospot (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Logospot
Complete news archive for Logospot
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Frequently Asked Questions about Logospot
Logospot was founded in 2005 and raised its 1st funding round 16 years after it was founded.
Logospot is headquartered in Seoul, South Korea.
David Jun Gyu Park is the current CEO of Logospot. They have also founded this 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 2021.
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.
Logospot's top competitors include Freight Tiger, Descartes and Shipwell.
Logospot has 4 investors. Key investors include T Map Mobility, Woori Financial Group, Duzon IT Group, and Korea Development Bank Europe.
Yes. Logospot was acquired by T Map Mobility in June 2022.