SELLER NOTE, Operator of the Digital Forwarding Service ‘Ship-Da’ Secures $4.5 M in Funding

SELLER NOTE(셀러노트), operator of the digital forwarding service ‘Ship-Da’, has secured $4.5 million (KRW 6 billion) in funding. The investment was led by existing investors BoneAngels Venture Partners and KB Investment, with Investor joining as a new investor.

This investment brings SELLER NOTE’s total funding to $10 million (KRW 136 billion), the largest for a startup in the international logistics space. Hyung-soon Jeon, Executive Director of NVESTORNVEST, who led the investment, said: “The essence of the distribution business is procurement competitiveness, i.e. how good products can be purchased at a low price. We were attracted to the digital freight forwarding industry because it is possible to maximise sourcing competitiveness and business productivity for overseas goods now that overseas trade transactions have become commonplace.”

we will further enhance our digital freight forwarding services that facilitate trade”, adding that “in the current investment climate, we have once again confirmed our competitiveness as there are investors who have proposed to invest in our company in sympathy with our growth and vision”.

Ship-Da launched its Singapore service in January 2024, marking the beginning of its overseas expansion, and plans to expand its domestic service, which was limited to imports, to exports and outbound shipments in the first quarter of 2024.