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Delivus

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Same-day delivery and return/exchange service provider for e-commerce companies

Seoul, South KoreaFounded 2021Transportation
Valuation $0–100M Latest valuation · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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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.

Source: Dealroom company data

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.

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC Jul 2024 $12M $49M Korea Development Bank · Base Investment · Laguna Investment · Kim Ki-sa Lab
SERIES AEquity / VC Apr 2023 $3.9M $15M Hana Ventures · Kimgisa Lab · Base Investment
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Growth signals

Delivus website traffic

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.

Latest monthly visits4.1K 3-month web change+36.7% 1-year team growth-15%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

9 investors on the cap table

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
  • Base Investment
  • #Hashed
  • Korea Development Bank
  • Laguna Investment
  • Kim Ki-sa Lab
  • DB Financial Investment

Other known investors1 additional known investor

  • Bass Investment
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇰🇷 South Korea90.9%
🇲🇳 Mongolia9.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

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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