Portlogics, a South Korean digital freight forwarding startup, raised $1.6 million in pre-Series A funding to enhance its logistics management platform and expand its operations in response to the growing demand for digitized shipping solutions.

Target Information

Portlogics is a South Korean digital freight forwarding company focused on revolutionizing the way merchants manage their international shipping logistics. This startup offers a robotic process automation-based system that allows users to effectively track shipments and receive real-time status updates. Portlogics' innovative approach aims to digitize the entire logistical process, covering essential elements including logistics, customs, charges, and transportation booking.

The driving force behind Portlogics is CEO Hyoung-chul Choi, a seasoned entrepreneur who recognized the inefficiencies in tracking international logistics while leading his previous startup, YLP. Following YLP's acquisition by T-Map Mobility in 2021, Choi co-founded Portlogics during the pandemic, a time when the shipping industry was particularly challenged by fluctuating cargo rates. This experience guided him and his team as they developed a web-based trade order management and freight management system tailored for merchants engaged in various modes of transport.

Industry Overview

The digital freight forwarding industry in South Korea is currently experiencing significant growth driven by increased demand for efficient logistics solutions. As international shipping logistics are often managed through outdated methods, there is a strong need