Vroong Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 100

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $61.2M

Vroong General Information

Description

Operator of a logistics platform designed to seek new growth engines in the last-mile logistics industry. The company's platform streamlines the delivery process through its real-time small goods delivery application, enabling logistics companies to manage the restaurants and local stores to get an efficient and systematic logistics process and network.

Contact Information

Website
www.meshkorea.net
Formerly Known As
Mesh Korea
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 3-4th floor, hy building
  • 577 Gangnam-daero, Seocho-gu
  • Seoul, 06530
  • South Korea
Primary Industry
Logistics
Other Industries
Other Restaurants, Hotels and Leisure
Other Transportation
Business/Productivity Software
Parent Company
hy (Korea)
Vertical(s)
Mobility Tech, SaaS, Supply Chain Tech, E-Commerce, TMT
Corporate Office
  • 3-4th floor, hy building
  • 577 Gangnam-daero, Seocho-gu
  • Seoul, 06530
  • South Korea

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Vroong Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Merger/Acquisition 06-Apr-2023 $61.2M Completed Generating Revenue
12. Later Stage VC 13-Jan-2022 Cancelled Generating Revenue
11. Later Stage VC (Series E) 28-Jul-2021 Completed Generating Revenue
10. Secondary Transaction - Private 19-Apr-2021 Completed Generating Revenue
9. Later Stage VC 10-Feb-2020 Cancelled Generating Revenue
8. Later Stage VC Completed Generating Revenue
7. Secondary Transaction - Private Completed Generating Revenue
6. Later Stage VC (Series D) 24-Jul-2018 Completed Generating Revenue
5. Early Stage VC 01-Jan-2017 $20.2M $29.5M Completed Startup
4. Later Stage VC (Series C) 20-Jul-2016 $9.4M Completed Startup
To view Vroong’s complete valuation and funding history, request access »

Vroong Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 2

    Pending

  • Expiring in next 12 mo

Vroong Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
JP-2018026086-A Device and method for generating delivery plan by learning delivery route Pending 08-Aug-2016
US-20170140326-A1 Server and method for processing delivery information and checking attendance Inactive 15-Jun-2015
JP-2017523543-A Method for processing delivery information and confirming dispatch and server Pending 15-Jun-2015
US-8271358-B2 Method for single-screen ordering of background checking services of a potential employee Inactive 03-Jan-2007 G06Q30/0603

Vroong Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Vroong Former Investors (23)

Investor Name Investor Type Holding Investor Since Participating Rounds
EG Partners Other Minority
ES Investor Venture Capital Minority
East Gate Partners Venture Capital Minority
GS Home Shopping Corporation Minority
HUMAX Holdings Corporation Minority
You’re viewing 5 of 23 investors. Get the full list »

Vroong Investments (2)

Vroong’s most recent deal was a Later Stage VC with Plating for . The deal was made on 30-Jun-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Plating 30-Jun-2023 Later Stage VC Other Commercial Services
V Mart 15-Jul-2021 Joint Venture Other Services (B2C Non-Financial)
To view Vroong’s complete investments history, request access »

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Vroong FAQs

  • When was Vroong founded?

    Vroong was founded in 2013.

  • Where is Vroong headquartered?

    Vroong is headquartered in Seoul, South Korea.

  • What is the size of Vroong?

    Vroong has 100 total employees.

  • What industry is Vroong in?

    Vroong’s primary industry is Logistics.

  • Is Vroong a private or public company?

    Vroong is a Private company.

  • What is the current valuation of Vroong?

    The current valuation of Vroong is .

  • What is Vroong’s current revenue?

    The current revenue for Vroong is .

  • How much funding has Vroong raised over time?

    Vroong has raised $117M.

  • Who are Vroong’s investors?

    EG Partners, ES Investor, East Gate Partners, GS Home Shopping, and HUMAX Holdings are 5 of 23 investors who have invested in Vroong.

  • When was Vroong acquired?

    Vroong was acquired on 06-Apr-2023.

  • Who acquired Vroong?

    Vroong was acquired by hy (Korea).

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