South Korea’s AI logistics platform startup Sendy has raised approximately USD 2.2 million(KRW 3 billion) in a Series B bridge round. The latest investment was led by ES Investor and Vision Equity Partners.

Sendy plans to use the funds to accelerate its growing revenue and profitability while ramping up innovation in AI-powered logistics and ESG-driven management practices.

The company has recently partnered with Hyundai Motor Company and Korea Electric Vehicle Charging Service to help establish an eco-friendly freight ecosystem using electric cargo trucks. Through this, Sendy aims to expand its sustainable logistics services and solidify its nationwide growth trajectory.

Kim Young-sang, Investment Manager at ES Investor, stated, “We highly value Sendy’s strategic partnerships with major clients like AJ Networks and the rapid improvement in profitability enabled by its integration of AI technologies. This investment will further accelerate the company’s nationwide expansion.”Sendy CEO Yeom Sang-joon added, “This funding validates both our technological capabilities and growth potential. We are committed to achieving over USD 22 million(KRW 30 billion) in annual revenue and reaching monthly break-even by the second half of this year through advanced AI and ESG-driven innovation.”