LG U+’s First In-house Venture ‘Diver’ Becomes an ‘Agiyunicorn’
Selected as Baby Unicorn Beating 6 to 1 Competition Rate
Diver Sustains High Growth with 184.3% Average Annual Increase
LG Uplus's first in-house venture, 'Diver,' has been selected as a 'Baby Unicorn.' It was included among the 51 Baby Unicorns announced by the Ministry of SMEs and Startups on the 30th. A total of 299 companies applied for this project, and Diver was selected after overcoming a competition rate of about 6 to 1.
Baby Unicorn is a government support project aimed at creating 'pre-unicorns (companies valued at over 100 billion KRW).' It provides support worth a total of 17.3 billion KRW, including 300 million KRW in direct support and 17 billion KRW in indirect support. Through processes such as business plan review and on-site inspection, in-depth evaluation by a professional evaluation team, and joint evaluation by the professional evaluation team and the public jury, 51 companies including Diver were finally selected.
Diver is a smart logistics startup established in 2019 by two LG Uplus employees through an in-house venture incubation program. It operates the delivery brokerage platform 'Diver,' which connects general delivery personnel such as housewives and retirees with companies and small business owners, and the digital document reception and delivery service 'Dpost.' Last year's sales amounted to approximately 5.1 billion KRW. It has maintained an average annual growth rate of 184.3% over four years.
Diver holds seven patents related to delivery and logistics, including control automation and operational workforce efficiency technologies. Next year, it plans to launch document reception and delivery robots and delivery solutions. So far, Diver has attracted about 4.5 billion KRW in investment. Utilizing the benefits of the Baby Unicorn program, Diver plans to strengthen the competitiveness of smart logistics services in the domestic market while actively exploring ways to enter the global market.
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Jang Seungrae, CEO of Diver, said, “Thanks to LG Uplus's support, we were able to be selected as a Baby Unicorn five years after starting as an in-house venture. Taking this opportunity, Diver will continue to innovate various services in the logistics and delivery fields to make its name as a global unicorn.”
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