Speed Floor Co., Ltd.

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Speed Floor Co., Ltd. - overview

Established

2021

Location

Incheon, -, South Korea

Primary Industry

Logistics & Distribution

About

Speed Floor Co. , Ltd. , based in Incheon, South Korea, specializes in automated loading and unloading solutions aimed at enhancing logistics efficiency across various industrial sectors. Founded in 2021 in Incheon, South Korea, Speed Floor Co.


, Ltd. focuses on developing innovative automated logistics solutions. The company has successfully completed three deals, with its latest funding round occurring on November 19, 2025. Seok-min Hong serves as the founder and has previously been involved in the logistics sector, while Hyun-jin Hong holds the position of CEO.


Speed Floor specializes in automated loading and unloading solutions designed to enhance logistics efficiency by bridging gaps in cargo handling processes. Their core offerings include a proprietary conveyor system that automates the loading and unloading of goods, specifically tailored to meet the unique operational needs of various industrial environments. These solutions are applicable across several sectors, including parcel delivery services, cold chain logistics, bulk cargo handling, and container management. Speed Floor's products serve a diverse client base, comprising logistics firms and manufacturing companies looking to optimize their supply chain operations.


The company markets its solutions primarily in South Korea and is strategically expanding its reach into international markets, positioning itself as a flexible and innovative partner in the logistics automation sector. In the fiscal year 2024, Speed Floor Co. , Ltd. reported a revenue of USD 1.


71 mn. The company generates revenue through direct sales and partnerships with businesses seeking automated logistics solutions. The transactional framework involves B2B agreements, with clients purchasing Speed Floor’s systems to enhance their warehouse and distribution operations. Pricing models for these solutions are structured around the complexity and scale of the installations, which could include one-time purchase fees for equipment as well as potential maintenance contracts.


Flagship products in their offering facilitate end-to-end automation of the loading and unloading processes, creating efficiencies that drive customer satisfaction and repeat business. By focusing on tailored solutions, Speed Floor effectively aligns its revenue generation with the operational needs of its clients, fostering long-term relationships within the logistics industry. Speed Floor Co. , Ltd.


is focused on releasing new products designed to enhance its automated logistics solutions, with an eye towards launching these innovations in the upcoming years. The company also plans to expand into international markets, targeting regions that include Southeast Asia and North America by the end of 2026. The recent funding round, raised in November 2025, will be utilized to support these growth initiatives and enhance product development efforts, thereby positioning the company to capitalize on emerging opportunities in logistics automation.


Current Investors

Korea Credit Guarantee Fund, Yonsei Technology Holdings, Korea Tech Incubator for Startup

Primary Industry

Logistics & Distribution

Sub Industries

Warehouses, Trucking, Hardware

Website

www.speedfloor.co.kr/

Verticals

Manufacturing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Speed Floor Co., Ltd. - financials

Fiscal Year EndedDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)5,000,000---
% Revenue Growth (YoY)----
EBITDA (USD)----
Operating Income (USD)3,996,000---
Operating Margin79.9%---
% EBITDA Margin----
NET Income (USD)3,557,000---
% Net Margin71.1%---
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