ChainLogis Corp

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ChainLogis Corp - overview

Established

2018

Location

Seoul, -, South Korea

Primary Industry

Consumer Services

About

Based in South Korea, ChainLogis Corp provides innovative delivery solutions, primarily through its flagship service, Doobalhero, which ensures rapid dispatch for domestic shipments. ChainLogis Corp, founded in 2018 in Seoul, South Korea, specializes in logistics and delivery solutions. The company has raised funding from investors, including Perple Corp. , with its latest funding round in December 2023 amounting to KRW 1000.


000 mn. ChainLogis has completed 4 deals to date, focusing on expanding its operational footprint within metropolitan areas. ChainLogis specializes in innovative delivery solutions, primarily through its flagship service, Doobalhero, which offers a unique four-hour delivery service for domestic shipments. The company combines expertise from both the delivery and IT industries, ensuring a fast and reliable dispatch process.


Customers include businesses and individual consumers who require expedited delivery, addressing the need for efficient logistics in both online and offline commerce. It operates throughout South Korea, facilitating deliveries across key metropolitan areas such as Seoul, Gyeonggi Province, Busan, and Ulsan, and has expanded its offerings to encompass 4-hour delivery services in several other regions, boasting a reported 99% satisfaction rate among users. ChainLogis generates revenue primarily through its direct-to-consumer and business-to-business delivery services, including its branded Doobalhero four-hour delivery service. The transaction structure involves service fees charged to clients who utilize their delivery platform, allowing businesses to fulfill orders quickly and efficiently.


Clients include e-commerce platforms and retail businesses that rely on swift delivery to meet customer expectations. The pricing structure is competitive, reflecting the speed and reliability of the services offered, and partnerships with well-known brands further amplify revenue streams as customers leverage the enhanced value provided by the innovative delivery solutions. In December 2023, ChainLogis Corp raised KRW 1000. 000 mn in venture funding from new investor CJ Olive Young.


The company plans to utilize this funding to expand services in metropolitan areas and metropolitan cities. ChainLogis aims to enhance its service offerings and explore new markets, aligning with its strategy for growth.


Current Investors

Bass Ventures, Schmidt, SEMA Translink Investment

Primary Industry

Consumer Services

Sub Industries

Courier & Delivery Services

Website

www.chainlogis.com

Company Stage

Series A

Total Amount Raised

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