ANCORS

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ANCORS - overview

Established

2009

Location

Osan, Gyeonggi, South Korea

Primary Industry

Consumer Products

About

ANCORS, based in South Korea, delivers advanced solutions for maritime and logistics sectors, focusing on optimizing supply chain operations through innovative technology that enhances visibility and efficiency in logistics management. Founded in 2009 and headquartered in Osan, South Korea, ANCORS specializes in maritime and logistics solutions. The company has successfully completed four deals, with the most recent being a Secondary Buyout on June 13, 2025, where Cyrus Venture Investment acquired a 66. 7% majority stake for KRW 136.


5 billion. CEO and Founder Seong-hoon Hong has been instrumental in shaping the company's direction since its inception. ANCORS specializes in providing innovative solutions in the maritime and logistics sectors, focusing on optimizing supply chain operations. Their core offerings include advanced tracking and monitoring systems designed to enhance visibility and efficiency in logistics management.


These products utilize technology to provide real-time data on cargo movement, addressing challenges such as delays and loss of goods. ANCORS serves a diverse client base, including shipping companies and logistics providers, across regions such as Southeast Asia, Europe, and North America. In the fiscal year 2024, ANCORS reported a revenue of KRW 111,911,515. 2 and an EBITDA of KRW 18,215,204.


1. The company's revenue generation is primarily through a subscription-based model, fostering long-term relationships with clients who rely on ANCORS for ongoing support and updates. Following the recent acquisition, ANCORS plans to leverage its strengthened production infrastructure and global customer base to expand its business. The funding will be directed towards preparing for a public listing and launching new products aimed at enhancing their service offerings.


The company is focused on expanding into new markets, with specific plans to target additional regions in Asia and Europe by 2026.


Current Investors

Korea Development Bank, Industrial Bank of Korea, SV Investment

Primary Industry

Consumer Products

Sub Industries

Beauty & Hygiene

Website

www.en.ancors.co.kr

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

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