Quantify and Maum Investment Invest in Fashion and Beauty Fulfillment Company "IICA"
Growth Potential of AI-Based Logistics Management Service
Customized Solutions from Industry-Experienced Team Members
Quantify Incubator and Maum Investment announced on the 22nd that they have invested in "IICA," a fashion and beauty fulfillment (integrated logistics agency) company. This investment was executed through the Quantimaum Private Investment Association, which is jointly managed by Quantify and Maum Investment.
IICA is a fulfillment company that connects fashion and beauty brands with consumers. Its proprietary platform, "PINGO," is an AI-based solution that automates the entire logistics management process-including inbound shipments, inventory management, shipping, and returns-helping companies reduce their logistics burden and focus on their core business.
In addition, IICA offers differentiated services such as dedicated MD and CS (merchandising and customer service) teams, integration with more than 550 e-commerce online platforms, and an AI-based dashboard for sales, profit and loss, and inventory management.
IICA is composed of a team led by CEO Kim Chanyeop, a graduate of ESMOD Paris, and members with experience in operating shopping malls and brands. Based on this investment, the company plans to secure a fulfillment center with a floor space of 3,300 square meters, expand new brand partnerships, and recruit key personnel.
Jung Jitaek, CEO of Quantify; Kim Chanyeop, CEO of IICA; Ahn Seongjun, Director of IICA; and Kwak Jinwoo, CEO of Maum Investment, along with other key stakeholders, are taking a commemorative photo. Maum Investment
View original imageJung Jitaek, CEO of Quantify, stated, "The fulfillment platform being developed by IICA has the potential to become a new industry standard. Starting with this investment, the Quantimaum Private Investment Association plans to actively support IICA's continued growth by leveraging its network and facilitating follow-up investments."
Kwak Jinwoo, CEO of Maum Investment, commented, "We hope IICA will establish itself as a market-leading company, and we will continue our efforts to provide growth opportunities to many startups in the future."
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Kim Chanyeop, CEO of IICA, said, "Through this investment, we will expand our PINGO fulfillment service and commercialize our software-as-a-service (SaaS) solution early, enabling fashion and beauty brands to quickly utilize our offerings. We aim to grow beyond simple logistics outsourcing and become a partner that provides the core infrastructure brands need to secure a competitive edge in the market."
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