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 IT-Based Trading Company Notag Korea Raises 2.55 Billion KRW in Series A Funding Notag Korea, an IT-driven comprehensive trading company, announced on the 22nd that it has secured 2.55 billion Korean won (approx. USD 1.9 million) in Series A funding. With this round, the company’s cumulative funding now totals 4.05 billion won. Notag Korea has developed and operates NTMS, a solution that integrates and manages over 50 online commerce platforms and national logistics centers across seven Southeast Asian countries. In this Series A round, previous pre-Series A investors DGB High-Investment Partners and Lotte Ventures participated again, while Blue Corner, AC Pathfinder, Korea Entrepreneurship Foundation, and the Yoonmin Creative Investment Foundation joined as new investors.
The company also supports the operation of local D2C (direct-to-consumer) commerce, logistics systems, and customer service centers for Korean brands entering Southeast Asia. More than 80 fashion, beauty, and lifestyle brands are distributed locally through Notag Korea, including:
CEO Choi Ung stated, “With this Series A funding, we plan not only to enhance our export-distribution network across seven Southeast Asian countries but also to invest in discovering and connecting with major fashion and beauty distribution channels in Europe.” [Unicorn Factory – MoneyToday’s startup media platform] © MoneyToday, “Real-Time News That Sees the Money.” Unauthorized reproduction or redistribution is prohibited. |
NoTag Korea Appoints Former Cheil Worldwide and Kakao Enterprise Executive Seo Jin-young as Chief Marketing Officer
NoTag Korea, which operates “NoTag,” a Southeast Asia distribution platform for Korean fashion brands, announced on the 1st that it has appointed Seo Jin-young—formerly with Cheil Worldwide and Kakao Enterprise—as its Chief Marketing Officer (CMO).
NoTag Korea is a startup that supports the online export of Korean brands through IT-based solutions. The company provides a Customer-to-Manufacturer (C2M) solution, which analyzes real-time sales data to forecast demand and directly place production orders, as well as a Supply Chain Management (SCM) solution. Currently, more than 50 Korean brands export online to six countries, including Southeast Asian markets, through NoTag. In July, the company secured 1.3 billion KRW (approx. USD 1 million) in Pre-Series A funding.
Newly appointed CMO Seo Jin-young is a global marketing expert who has worked at Cheil Worldwide and Kakao Enterprise. Seo built Samsung Electronics’ mobile division “To Go Service,” an experiential program, and led marketing for Kakao Enterprise’s SaaS (Software as a Service) and AI solutions.
Seo stated, “Cross-border commerce has long been a promising business, but growth has faced many constraints due to the unique consumption behaviors of local consumers and country-specific regulations. NoTag is a company that has built IT solutions and a logistics system capable of overcoming these challenges.”
Seo added, “Through localized marketing, we aim to achieve economies of scale and drive revenue growth. By advancing real-time data–driven C2M distribution methods, we will establish NoTag as a leading cross-border commerce brand.”
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![[Brand Growth Project ① NoTag Korea] ‘Capture the Cross-Border E-Commerce Market by Understanding Local Cultures Overseas.](https://static.wixstatic.com/media/a442d9_a3bac4c91fa443e38b53e63cc3294e25~mv2.jpg/v1/fill/w_720,h_682,fp_0.50_0.50,lg_1,q_30,blur_30,enc_avif,quality_auto/a442d9_a3bac4c91fa443e38b53e63cc3294e25~mv2.jpg)
![[Brand Growth Project ① NoTag Korea] ‘Capture the Cross-Border E-Commerce Market by Understanding Local Cultures Overseas.](https://static.wixstatic.com/media/a442d9_a3bac4c91fa443e38b53e63cc3294e25~mv2.jpg/v1/fill/w_152,h_144,fp_0.50_0.50,q_90,enc_avif,quality_auto/a442d9_a3bac4c91fa443e38b53e63cc3294e25~mv2.jpg)
