KZONE, a Korean company operating the returns and excess inventory disposal service REMEX, has secured $1.6 million (KRW 2.08 billion) in Series A funding. The investment was led by BonAngels Venture Partners, Mashup Ventures, Strong Ventures, and Cadron Capital.  

KZONE provides an innovative solution for efficiently reselling excess inventory through its proprietary e-commerce platform, REMEX Liquidation, addressing the challenges global e-commerce sellers face with returns and unsold stock.  

The company is also the only designated returns management partner for Amazon in Korea. This partnership allows seamless returns management and liquidation of unsellable inventory by integrating directly with Amazon accounts.  

Since focusing on the Texas market in 2023, KZONE has achieved a 123-fold increase in revenue by expanding operations into California. It has also extended its reach to Latin America, including Costa Rica, Panama, and Guatemala, showcasing the global scalability of its inventory liquidation business.  

Looking ahead, KZONE plans to intensify its global expansion efforts while leveraging its proprietary online store to sell excess inventory through integrated online and offline sales channels.  

Sungsoo Kim, CEO of KZONE, stated, “By focusing on the U.S. reverse logistics market, we have enhanced our services and built an efficient system. Moving forward, we aim to expand beyond the U.S. into Latin America, Europe, and Africa, helping global e-commerce sellers overcome challenges with excess inventory.”