Hanvit

About Hanvit

HRM Corporation, also known as Hanvit Resource Management, operates as an IT-focused environmental services company, founded in December 2016 by its Chief Executive Officer, Sungchan Ahn. Based in Goyang, South Korea, the firm has positioned itself at the intersection of technology and recycling, aiming to advance the circular economy. Since its inception, the company has demonstrated significant commercial traction, with sales reaching KRW 47.6 billion in 2022. A notable milestone was achieved in May 2022, when HRM Corporation secured KRW 18 billion in a Series A funding round, which included investors such as Stonebridge, Hana Financial Investment, and POSCO Capital.

The company's operations are structured across three distinct but interconnected business segments. The primary segment is the circular resources business, which involves the physical collection, sorting, processing, and trading of recyclable materials like paper, plastic, and non-ferrous metals. This division operates globally, with a trading presence in over 30 countries, supported by its own recycling and production facilities in South Korea. Complementing its physical operations is a logistics business that provides essential services such as warehousing, container loading, and stock management.

At the core of its tech-driven approach is the ECOYA platform, a digital waste management solution. ECOYA is offered in two versions: 'ECOYA Enterprise' for B2B clients and 'ECOYA Earth' for individuals and small businesses. This platform functions as an integrated management system, connecting waste generators with collection companies and providing ERP-based tools for contracts, payments, and reporting. For its corporate and government clients, the platform offers a one-stop solution to transparently manage waste streams and support ESG (Environmental, Social, and Governance) compliance. By leveraging big data and blockchain technology, ECOYA provides a traceable and measurable overview of the entire recycling chain, from disposal to final commercialization as recycled materials.