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Recently Funded|Amount: USD 19.0B|Industry: IT Services and IT Consulting

FASSTO Secures $190M in Funding to Revolutionize Fulfillment Services for Small to Mid-sized Online Sellers

FASSTO

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51-200 employees employees (Est.)
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FASSTO, the leading innovator in fulfillment services for small to mid-sized online sellers, has successfully raised an impressive 19 billion KRW in its latest funding round. Established in March 2018 with a mission to make fulfillment services accessible at reasonable prices, FASSTO has quickly transformed the landscape of the logistics industry in South Korea. The company achieved significant milestones, including securing the first-grade certification for smart logistics centers in the nation, being the first startup to implement AutoStore technology, and becoming an official partner in the Naver Fulfillment Alliance (NFA). This new funding will enable FASSTO to further harness advanced technologies such as artificial intelligence (AI) and big data, thus enhancing the fulfillment process for online entrepreneurs, especially those with limited capital or those operating as solo entrepreneurs. FASSTO aims to create a seamless experience for even single-item shipments, empowering sellers to focus on their core business. Additionally, FASSTO is actively seeking passionate individuals to join their mission of revolutionizing logistics, with various positions currently open for recruitment. For those interested in contributing to a company that has already garnered accolades, such as recognition from the Ministry of Land, Infrastructure and Transport and placements among “Aging Unicorns 200,” FASSTO is the perfect place to grow and innovate. Visit their careers page to learn more about current openings: [FASSTO Careers](https://about.fassto.ai/content/page/recruit). This funding marks a significant step forward in FASSTO's journey, poised to drive further advancements in the fulfillment industry and support the dreams of countless online sellers.
September 4, 2024

Buying Signals & Intent

Our AI suggests FASSTO may be interested in solutions related to:

  • Shipping Services
  • Inventory Management
  • Order Fulfillment
  • Packaging Solutions
  • Logistics Technology

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