Awarded by Ministry of Science and ICT, Republic of Korea
Awarded by Ministry of SMEs and Startups, Republic of Korea
Commendation from Minister of SMEs and Startups, Republic of Korea
7 MOUs
Partnerships with Mercedes-Benz Korea, Daimler Truck Korea, Fujitsu Japan
11 Patents in total(7 in Korea, 2 in China, 2 in Vietnam)
Branches in the USA, China, Vietnam and India
Company Overview
Coconut Silo is logistics/commercial vehicle specialized mobility startup.
We connect whole players in the logistics market into a single platform, COCO TRUCK.
Cargo owners can move their cargo even if they don’t own their own trucks, both logistics companies and truck drivers can get more orders. Moreover, logistics companies can manage their resources just in our platform, which means they can get their FMS(Fleet Management System) for free. Big data features like smart consolidation system, matchback algorithm, automated price suggestion and targeted 3rd party services enhance efficiencies.
Company details
Official_company_name: Website english version url:https://coconutsilo.com Founded Year:09/03/2020 Country of HQ: City of HQ: Number of full time employees:20 Equity Capital Raised(Usd) so far: Current Investor Lists:
About company/product in details
Product video url: Short description: 2018 revenue usd: Estimated 2019 revenue usd: Estimated revenue in 5 years usd: Risk management plan preparing for the worst scenario:
Current Fundraising Info
Current stage of this fundraising round: Fundraising goal of this round: Expected pre-valuation for this round(usd): Minimum investment:1,000,000 Amount of current commitment for this funding round (usd):
Target Buyer Info
Please write down 10 keywords in detail for your industries (ex, LivecastManagement, Broadcast Recording(VOD), Advertising Statistics): Please write down 5 type of target buyers groups (Restaurants and cafes, Independent stores, Manufactures (Packaged ingredients).): Please write down 20 companies that you want to meet to sell your products in US: Please write down 20 companies that you want to meet to sell your products in Asia:
Problem Overview
76% of the globe has a logistics problem. Players in the logistics market are still contacting each other with old communication methods like mails and phone calls. Moreover, they are still working manually in front of their desk. Truck drivers are wasting their time on the road, until the right orders to be allocated.
Founders' Bio
Seungyong Kim
CEO
Kangyeop
Ahn
Investors
Hyundai Motor Company KIA Motors
Term Sheet
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