About Team Fresh
Team Fresh is a company based in Seoul (South Korea) founded in 2018.. Team Fresh has raised $26.7 million across 1 funding round from investors including Shinhan Financial Group, Kakao Investment and STIC Ventures. Team Fresh operates in a competitive market with competitors including Ryder, J.B. Hunt Transport, Marten Transport, Lekkerland and Thermo King, among others.
- Headquarter Seoul, South Korea
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Sectors
Transportation, Automotive & Logistics
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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
$26.7 M (USD)
in 1 rounds
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Latest Funding Round
$26.7 M (USD), Series C
Apr 05, 2021
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Investors
Shinhan Financial Group
& 4 more
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Employee Count
Employee Count
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Funding Insights of Team Fresh
Team Fresh has successfully raised a total of $26.7M through 1 strategic funding round. The most recent funding activity was a Series C round of $26.7 million completed in April 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 1
- Last Round Series C — $26.7M
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First Round
First Round
(05 Apr 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series C - Team Fresh | Valuation | Kakao Investment , STIC Ventures |
| 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 Team Fresh
Team Fresh has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Shinhan Financial Group, Kakao Investment and STIC Ventures. 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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Venture capital is directed toward software, fintech, and commerce 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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Financial group
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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 Team Fresh
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Team Fresh
| 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 |
Team Fresh Comparisons
Competitors of Team Fresh
Team Fresh 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 Ryder, J.B. Hunt Transport, Marten Transport, Lekkerland and Thermo King, 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 |
Fleet leasing and supply chain solutions are provided globally.
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| domain | founded_year | HQ Location |
Transportation logistics services are provided across North America.
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| domain | founded_year | HQ Location |
Temperature-sensitive truckload carrier
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| domain | founded_year | HQ Location |
Provider of temperature controlled logistics services
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| domain | founded_year | HQ Location |
Temperature-controlled integrated transportation services are provided globally.
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| domain | founded_year | HQ Location |
Truck transportation services for cold chain logistics are provided.
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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 Team Fresh
Frequently Asked Questions about Team Fresh
When was Team Fresh founded?
Team Fresh was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Team Fresh located?
Team Fresh is headquartered in Seoul, South Korea.
Is Team Fresh a funded company?
Team Fresh is a funded company, having raised a total of $26.7M across 1 funding round to date. The company's 1st funding round was a Series C of $26.7M, raised on Apr 05, 2021.
What does Team Fresh do?
Team Fresh was founded in 2018 and is headquartered in Seoul, South Korea. Integrated logistics services in the cold chain sector are delivered door-to-door, ensuring temperature-controlled transportation for perishable goods. Operations encompass supply chain management, warehousing, and distribution within the logistics industry. The company serves clients across South Korea, focusing on efficient and reliable handling of fresh products in urban and regional areas.
Who are the top competitors of Team Fresh?
Team Fresh's top competitors include Ryder, J.B. Hunt Transport and Marten Transport.
Who are Team Fresh's investors?
Team Fresh has 5 investors. Key investors include Shinhan Financial Group, Kakao Investment, STIC Ventures, NH Capital-DTN Investment, and KT Investment.
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