Loading organizations...
§ Private Profile · Seoul, Seoul-t'ukpyolsi, South Korea
South Korean last-mile delivery platform providing on-demand shipping for local merchants, focused on food, retail, and quick commerce.
Barogo is a Seoul, South Korea-based last-mile logistics platform founded in 2014 by CEO Tae-kwon Lee to connect local merchants with freelance riders. The company operates a nationwide infrastructure of approximately 1,000 transportation hubs and micro-fulfillment centers to facilitate on-demand, same-day shipping services for food, grocery, and retail orders. Its commission-based delivery management system serves a growing customer base of 65,000 store owners and restaurants, utilizing a fleet of 54,000 registered drivers to process tens of millions of monthly deliveries. The enterprise has raised $159.83 million in total funding, including a $72 million Series C round to expand its quick commerce operations, and generated $19.4 million in revenue during the 2024 fiscal year. This capital expansion was backed by a prominent syndicate of corporate and venture investors, including 11Street, CJ Logistics, Shinhan Capital, and Korea Investment Partners.
Barogo has raised $10.0M across 1 funding round.
Barogo has raised $10.0M in total across 1 funding round.
Barogo has raised $10.0M in total across 1 funding round.
Barogo's investors include Korea Technology Finance Corporation, Shinhan Capital, Timefolio Asset Management, Timewise Investment.
Barogo has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series B in June 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 24, 2019 | $10M Series B | — | Korea Technology Finance Corporation, Shinhan Capital, Timefolio Asset Management, Timewise Investment | Announced |