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Delivus
Same-day delivery and return/exchange service provider for e-commerce companies
About Delivus
Delivus, established in 2021 by serial entrepreneurs Kim Yong-jae and Baek Jin-wook, is a tech-based logistics platform specializing in real-time, same-day services for the e-commerce sector. The company operates under the brand "DillyRabbit" and focuses on providing premium same-day delivery, return, and exchange services, primarily for small-sized cargo like fashion and apparel. This focus allows for minimized facility investment and increased delivery speed. The business model targets e-commerce companies and brand-owned online stores, offering a "Delivery as a Service" solution that integrates with their existing operations.
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The company's founding team brings significant entrepreneurial experience to the logistics industry. CEO Kim Yong-jae previously founded the AI-based educational platform 'Knowre' in 2012 and successfully sold it to Daekyo in 2018. CTO Baek Jin-wook co-founded the global IT concert planning service 'MyMusicTaste,' which was acquired by Com2us in 2022. Their stated motivation for entering the logistics market is to innovate a large, growing industry they perceive as having limited technological adoption.
Delivus differentiates itself by drastically reducing the time required for returns and exchanges from the typical 3-4 days to just one day. This is achieved through proprietary, data-driven technology, including an AI deep learning-based 'Dynamic Clustering' system. This system analyzes various factors affecting delivery time to create optimized daily delivery routes, cutting the conventional delivery process in half and enabling competitive pricing comparable to standard courier services. The company has demonstrated high reliability, citing a 99% on-time delivery success rate with major clients like Kakao Style's 'Zigzag' fashion platform.
Financially, Delivus has shown consistent growth, securing a 4.6 billion KRW Series A funding round in April 2023 and a subsequent 14.6 billion KRW Series B round in July 2024. The cumulative investment now stands at 22.4 billion KRW. These funds are earmarked for building new automated logistics hubs and further advancing their AI-based optimization technology. Initially launched in the Seoul metropolitan area, the service has expanded to other regions in Korea with plans for nationwide coverage.
At a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Seoul, South Korea
- Employees
- 17
- Open positions
- None listed
- Dealroom signal
- 40.5/100
- Industry
- Transportation
- Sub-industry
- Logistics & Delivery
- Sector
- Transportation, Logistics Company, Delivery Carrier, Last-Mile Delivery, Logistics and Delivery
- Client focus
- b2b, b2c
Latest news
Press, funding announcements and product moves mentioning Delivus.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jul 2024 | $12M | $49M | Korea Development Bank · Base Investment · Laguna Investment · Kim Ki-sa Lab | ↗ |
| SERIES A✓Equity / VC | Apr 2023 | $3.9M | $15M | Hana Ventures · Kimgisa Lab · Base Investment | ↗ |
Growth signals
Latest recorded traffic for Delivus is 4.1K monthly website visits, up 36.7% over the last three months. Delivus's team declined 15% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A8 investors entered at this stage
Hana Ventures
Kimgisa Lab- BIBase Investment
#Hashed
Korea Development Bank
Laguna Investment- KLKim Ki-sa Lab
DB Financial Investment
Other known investors1 additional known investor
Bass Investment
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Delivus on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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