Kezone, a global reverse logistics platform company, has completed a 6.3 billion won Series B funding round, the company said Wednesday. The round drew participation from Timeworks Investment, Bon Angels Venture Partners, California-based venture capital firm Strong Ventures, and Singapore-based Guardian Fund.
Kezone is a startup that uses data and systems to address returned inventory, excess inventory, and dead stock issues in the global market. The company draws on operational expertise accumulated from real-world logistics sites and wholesale trading markets. Built around its core platform "Remax," Kezone reached profitability within three years of entering the market. Annual revenue stood at approximately 12 billion won, achieved with a core team of about 10 employees.
The company is improving inefficiencies in the global inventory distribution market by streamlining transactions based on diverse field data, including product condition, country-specific demand, buyer characteristics, and logistics flows. With this investment, Kezone plans to accelerate the development of an artificial intelligence (AI) agent-based global trade automation platform. The strategy is to evolve beyond a simple management system into a next-generation AI-driven reverse logistics platform in which AI handles buyer discovery, transaction proposals, sales operations, and market analysis.
"Kezone has spent the past three years tackling industry inefficiencies firsthand in the global field," Kezone CEO Kim Sung-soo said. "Through this investment, we plan to more rapidly advance our AI agent-based global logistics and distribution automation technology."
