FASSTO

FASSTO

Local shipping, foreign shipping, daily shipping, refrigerators, all service automaticizations. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD457m (Public information from Sep 2024)
Company register number 3728100976
Seoul South Korea (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues6.4m7.8m
% growth-21 %
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DateInvestorsAmountRound
*

KRW80.0b

Series C
*
N/A

KRW15.0b

Valuation: KRW400.0b

Series C
*

KRW19.0b

Valuation: KRW400.0b

Series D
Total FundingCAD130m

Recent News about FASSTO

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Fassto.ai is a pioneering company in the logistics and fulfillment sector, leveraging advanced technologies to streamline and optimize the supply chain process. The company primarily serves B2B clients, including e-commerce platforms and retailers, by providing automated inventory management, order linking, and swift delivery solutions. Operating in the logistics and IT sectors, Fassto.ai employs innovative tools such as AutoStore, Automated Guided Vehicles (AGV), and Sure Sort to enhance efficiency and accuracy in order fulfillment. The business model revolves around offering subscription-based services and transactional fees for its logistics solutions. Revenue is generated through service subscriptions, transaction fees, and partnerships with various online stores and retailers. Fassto.ai's market includes local and international e-commerce businesses, focusing on cold chain logistics, same-day shipping, and eco-friendly packaging solutions. The company’s technology-driven approach ensures real-time order updates and seamless delivery tracking, making it a preferred choice for businesses aiming to improve their logistics operations.

Keywords: Automated logistics, inventory management, order linking, AutoStore, AGV, Sure Sort, B2B, e-commerce, cold chain logistics, eco-friendly packaging.