SEUM advised ZIMSSA Inc. (“ZIMSSA“) operator of a moving brokerage O2O platform in its KRW 2.8 billion Series A financing, including investments from Big Basin Capital, Pearl Abyss Capital, Mirae Asset Venture Investment Co Ltd, and TYEL Asset Management Co.,Ltd. 

ZIMSSA’s service matches customers seeking to move with moving companies through a public bidding process. Since launching in April 2017, ZIMSSA experienced consistent business growth and amassed wide popularity by targeting customers in their 20s or 30s, a demographic that tends to move frequently between single room apartments. Unlike existing moving companies, ZIMSSA’s service offering includes functions that are efficient and convenient for both customers and moving companies, such as allowing customers access to customer reviews of each moving company and to easily compare fee quotes among moving companies. 

ZIMSSA Representative Director Sung-Bae Han remarked that it will focus its efforts in creating a service not limited by scale or form of the move so that it can be utilized for family moving and other large moving projects.

The SEUM team was comprised of partner Hoseok Jung and associates Egyul Kim.

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