The document provides an overview of the Thailand tech startup ecosystem from 2012-2018 based on a report by Techsauce. It summarizes funding amounts and numbers of startups funded each year. The highest funding rounds are listed for each year. Top funded categories include e-commerce, fintech, logistics, payments, and food/restaurants. The document also outlines methodology and provides detailed tables and funding amounts by category.
2. ABOUT TECHSAUCE
Techsauce is leading technology and innovation media. We are the source for
reliable, insightful news, analysis and opinion pieces on startups and
corporate innovation in Thailand and SEA. In addition, Techsauce is the
creator of Techsauce Global Summit First-ever Global Technology
conference in Southeast Asia
HTTP://TECHSAUCE.CO
techsauce.co TechsauceTH contact@techsauce.co
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CONTENTS IN
THE REPORT
• Executive Summary
• Introduction to Thailand’s Market
• Thailand Startup Ecosystem
• Startup Fundraising Records
• Startup Mergers and Acquisitions
• Venture Capital and Investors
• Startup Programs and Events
• References
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METHODOLOGY
Since 2012, our team has been collecting information about the events and facts that
happened inside Thailand's startup ecosystem. The information is gathered from
various reliable sources such as press conferences, news updates, interviews, and so
on. We do not include speculations or rumors as our references.
In each quarter, our team selects the information that we believe would be beneficial
to our readers and publish them in this report. We report the things as they were with
no intention to promote or demote any organizations, startups or peoples that are
presented in this report.
Please be noted that since there were so many things that occurred inside Thailand’s
startup ecosystem, it is possible that our team could not gather all information
completely or with perfect accuracy. We apologize beforehand for such situation and
please feel free to contact us in case that the readers have updated information.
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INTRODUCTION
TO THAILAND’S MARKET
Source: http://my-thai.org/digital-southeast-asia-thailand-2017-overview/
By 2018, Thailand will rank as the third-largest 4G market in Southeast
Asia and Oceania, accounting for 40% of total mobile subscribes
“
“
68.22 M
Population
Not
fragmented
46.00 M
Internet User
(67%
penetration)
90.94 M
Mobile
Subscription
(133% vs.
Population)
42.00 M
Active Mobile
Social Users
(67%
penetration)
90%
Use Smart
Phone
to go online
30%
Mobile users
4G
Subscription
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NOTE : the number does not include the undisclosed amount of funding
ESTIMATED TOTAL
FUNDING AMOUNT
RAISED IN 2011 - 2017
*exclude ICO
25 M
First ICO-based
in Thailand
65 M
SERIES B
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STARTUPS THAT HAVE RAISED
BIGGEST FUNDING: 2017
25 M
First ICO-based
in Thailand
65 M
SERIES B
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FUNDING RAISED IN 2011,2012
AT LEAST $3.104 M
Payment Digital Content Crowdfunding
2 M1 M 104 K
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FUNDING RAISED IN 2013 AT LEAST $9.733 M
3.1 M628 K 400 K
CrowdfundingE-COMMERCE E-logistics
600 K Under 1 M
160 K 335 K
CrowdfundingE-logistics
1 M
Social Media Analytics
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FUNDING RAISED IN 2013 AT LEAST $9.733 M
100 K
Insurance Recruitment
Undisclosed 400 K
Construction
$350 K
B2B Platform
(Mar: $150k, Nov $200k)
500 K
Food and Restaurant
1.16 M
Hotel
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FUNDING RAISED IN 2014 AT LEAST $42.716 M
Undisclosed 500 K
GamingFood and Restaurant
300 K
112 K 620 K
EdTechHardware
300 K
Payment
Undisclosed
2 M
(via Indiegogo)
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FUNDING RAISED IN 2014 AT LEAST $42.716 M
7 M Undisclosed
InsuranceDigital Content
70 K
FinTech
20 K10 M
Travel
1 M
B2B Platform
770 K 500 K
Hotel
4.5 M
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FUNDING RAISED IN 2014 AT LEAST $42.716 M
E-commerce / Marketplace
10.7 M
Payment
20 K 1.6 M 1.5 M 640 K
529 K 25 K
(Jun: 220K,
Jul: 100K,
Aug: 320K)
15 K
(Mar: $109K +
Dec: $420k)
Undisclosed
Messaging
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FUNDING RAISED IN 2015 AT LEAST $31.295 M
E-commerce / Marketplace
2.6 M
Payment
7 M 670 K Undisclosed
300 K
+Undisclosed
5.7 M
B2B Platform
1.8 M Undisclosed Undisclosed Undisclosed
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FinTech
Undisclosed
5 M
Game
750 K
2 M
Insurance
125 K
Recruitment
Travel Food and Restaurant
UndisclosedUndisclosed
Undisclosed Undisclosed
FUNDING RAISED IN 2015 AT LEAST $31.295 M
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Hardware Loyalty
Undisclosed 350 K
Real Estate
5 M
E-logistics
EdTech
UndisclosedUndisclosed Undisclosed
Undisclosed Undisclosed
FUNDING RAISED IN 2015 AT LEAST $31.295 M
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FUNDING RAISED IN 2016 AT LEAST $78.02 M
15 M
E-commerce / Marketplace
11 M Undisclosed Undisclosed
Undisclosed Undisclosed
HQ is in IND Series-B
Undisclosed 500 K 300 K
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FinTechFood and Restaurant
Undisclosed Undisclosed UndisclosedSeries-BSeries-B
FUNDING RAISED IN 2016 AT LEAST $78.02 M
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Payment
17.5 M
500 K
Recruitment
420 K
Construction
Undisclosed
Ticket system
500 KPre-Series A Undisclosed (VN)
Undisclosed Undisclosed
FUNDING RAISED IN 2016 AT LEAST $78.02 M
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Logistic
10 M
Digital Content
19 M
MedTech
2.5 M
(Social nation)
MarTech
Undisclosed
Reward
300 K
HealthTech
Undisclosed
EdTech
500 K
Undisclosed
FUNDING RAISED IN 2016 AT LEAST $78.02 M
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FUNDING RAISED IN 2017 AT LEAST $105.55 M (*excl ICO)
Payment
Series ASeries A25 M in ICO
FinTech
1.15 M1.5 M3.2 M
& series B
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FUNDING RAISED IN 2017 AT LEAST $105.55 M (*excl ICO)
Hotel / Travel
2.9 M
19 M
E-commerce / Marketplace
Seed
65 M
Logistic
1.65 M
Undisclosed
Seed
Undisclosed
Seed
Undisclosed
Seed
Undisclosed
Undisclosed
Seed
Undisclosed
Reward
Seed
Undisclosed
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FUNDING RAISED IN 2017 AT LEAST $105.55 M (*excl ICO)
Food & Restaurant
Undisclosed
Seed
Undisclosed
AgTech
Retail
150 K
CrowdFundingHealthTech
Seed
Undisclosed
Seed Seed
Undisclosed
Undisclosed
Seed
Undisclosed
Seed
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FUNDING RAISED IN 2017 AT LEAST $105.55 M (*excl ICO)
MarTech
Car SharingTicketEdTech
Series A
7.4 M
Undisclosed
PropTech
Undisclosed
Seed
Undisclosed
Recruitment
3.6 M
Seed
UndisclosedUndisclosed
Series A
300 K
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FUNDING RAISED IN Q2 2018 AT LEAST $15.35 M (*excl ICO)
MarTech
FinTech
Seed
Reward
300 K 300 K
Seed
AgTech
1.85 M
Seed
3M Undisclosed
Food and Restaurant
9.5 M
Pre-Series C
Undisclosed
Seed
Series A
PropTech
Seed
400 K
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FUNDING RAISED IN Q2 2018 AT LEAST $15.35 M (*excl ICO)
UndisclosedICO
Recruitment
Undisclosed
Digital Content
Undisclosed
Construction
E-commerce / Marketplace
Undisclosed
Seed
Travel
Undisclosed
Seed
Pre-Series C Pre-Series B
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THAILAND FUNDED STARTUP LIST : EXITS
2011 2012 2013 2014 2015 2016 2017 2018 Total
raised Valuation Founded Investors
Ask Hanuman undisclosed undisclosed - undisclosed 2013 Alpha Founders (S),
Acquired by Rabbit Internet
Computerlogy $1 M undisclosed $1 M undisclosed 2009
InVent Capital (A),
Acquired by Yello Digital
Marketing
Meb $1.59 M - $1.59 M 2013 Acquired by Officemate
Moxy undisclosed - undisclosed 2013
Acquired by Whats New
Group , then M&A with Bilna
(rebranded to be Orami)
Noonswoon $400 K undisclosed - undisclosed 2013
Andrew Vranjes (S),
Chintaka Ranatunga (S),
Golden Gate Ventures (S)
Acquired by DateTix
One2car $14.4 M - undisclosed 2002 Acquired by iCar Asia
Paysbuy undisclosed - undisclosed Acquired by Omise
Storylog undisclosed - undisclosed 2014 Acquired by Ookbee
OBVOC undisclosed - undisclosed Acquired by Thoth Zocial
Rebrand to be wisesight
DGM39 undisclosed - undisclosed Acquired by LINE
tarad.com undiscl
osed - undisclosed Acquired by TSpace Digital
Seed Series A Series B Series C Exit
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THAILAND FUNDED STARTUP LIST : SERIES C&B
Seed Series A Series B Series C Exit
2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors
aCommerce
$3.1 M $10.7 M $5 M $10 M $65 M $93.8 M undisclosed 2013
Ardent Capital (S&A & A2),
Asia PacificCapital(A),
CyberAgent Ventures
(S & A), Sinar Mas (A &A2),
Inspire Ventures (A&A2),
NTT Docomo (S & A), JL
Capital (A), Sumitomo
Corporation Equity Asia (A),
Bluesky Venture(A4,B),
DKSH(A3,A,4,B)
Emerald Media (B)
MDI Ventures (A4,B)
2C2P $1 M
$2 M $7 M $10 M undisclosed 2003
DMP (A),
GMO Ventures (B &C), Amun
Capital (C)
Ookbee
$2 M
$7 M
$19 M Undisclosed $28 M undisclosed
IT Works
(1999),
Ookbee 2011
Invent (A),
Transcosmos (B)
TenCent (C)
Beacon VC (C)
Playlab
$5 M
$5 M undisclosed 2012 Monk’s Hill Ventures (B)
WearYouWant $1.5 M undisclosed undisclosed Close Close $ 1.5M + undisclosed 2011
DMP VC (A), Starttoday
(B1),Sebrina Holdings (B2)
IMJ (A), Julien Chalte
(A),Kimura Shinji (B1), Opt SEA
(A,B1)
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2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors
Omise $3 K $2.6 M $17.5 M
undisclosed of
(Series B+)
and
$25 M in ICO
and
$ 23.1M+
&
$25M (ICO)
undisclosed 2013
East Ventures (S &A),
500Startups (A)
500TukTuks (A),
SMDV (A,B),
Ascend Capital (A,B),
Golden Gate Ventures (A,B)
SBI Investment (B)
Ittipat Peeradechapan (S),
Krungsri (B+)
Pomelo $1.6 M undisclosed $11 M $19 M $ 31.6 M+ undisclosed 2013
Jungle Ventures (S,A),
500 Startups (S,A), Fenox
Venture Capital (S &S2),
QueensBridge Venture Partners
(S),
Tovio Annus (S)
Jonathan Price (A)
Andre Hoffmann (A)
JD.com (B)
Provident Capital Partners (B)
Lombard Private Equity (B)
Central Group (B)
Start Today Ventures (B)
Wongnai undisclosed undisclosed - undisclosed 2010 Recruit Strategic Partners (A)
Invent (B)
Seed Series A Series B Series C Exit
THAILAND FUNDED STARTUP LIST : SERIES C&B
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2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors
Priceza undisclosed undisclosed - undisclosed 2010 CyberAgent Ventures (A)
Hubert Burda Media (B)
Eatigo undisclosed $15.5M $9.5 M
(Pre-C) $25 M+ undisclosed 2013 TripAdvisor (B1,B2)
THAILAND FUNDED STARTUP LIST : SERIES C&B
Seed Series A Series B Series C Exit
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THAILAND FUNDED STARTUP LIST : SERIES A
Seed Series A Series B Series C Exit
2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors
Builk
$400 K
undisclosed
undisclosed undisclosed undisclosed 2009
Project Planning Service PLC (S),
Pawoot
millconsteel, AddVentures (Pre-B)
Claim Di
undisclosed $2 M
$2 M+ undisclosed 2000
Cyber Agent Venture (A),
500 Startups (S&A),
Golden Gate Ventures (S&A), Mike
Prasad (S), Takeshi Ebihara (Rebright
Partners) (S), Samer Karam (S),
T(ommy Chia (Super Aces Ventures) (S),
Ravi Agarwal (engageSpark). (S),
dtac Accelerate (A), Double A (A)
Deep Pocket
(T2P)
undisclosed
undisclosed
undisclosed undisclosed
500Startups (S) , 500Tuktuks (S) ,
Benchachinda Group (S), J Venture (A)
Digio
undisclosed
undisclosed undisclosed
InVent (A)
Eko
$1 M $5,7 M
$2 M
$8.7 M undisclosed 2012
500 Startups (S),
Tigerlabs (S),
Wavemaker Labs (S),
Gobi Partner (A,A2)
ITOCHU (A2)
Eventpop
$500 K
undisclosed $ 500 K+ undisclosed 2015
KK Fund (S), Opt SEA(S), Hirokazu
Mashita(S), Ittipat Peeradechapan (S),
InVent (A), Beacon (A)
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THAILAND FUNDED STARTUP LIST : SERIES A
Seed Series A Series B Series C Exit
2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors
FavStay
$ 2.9 M $2.9 M undisclosed
500TukTuks (A), Dusit Thani (A)
Finnomena
undisclosed $ 3.2 M $ 3.2 M+ undisclosed 2016 Krungsri (A), Benchachinda (A)
500TukTuks (S,A),dtac(pre-S)
Getlinks
$125 K $500 K undisclosed undisclosed $625 K+ undisclosed 2015
500 Startups(S2), CyberAgent
Ventures(S), Axis Capital Partners
(A), Wellesleys (A),
Alibaba,SEEK,Falcon Partners VC,
AddVentures
Giztix undisclosed $ 1.65 M $ 1.65 M+ undisclosed 2015
AddVentures (A), WaveMaker (A),
KKfund (S), 500Tuktuks(S,A), dtac
(pre-S)
HotelQuickly
$1.16 M $4.5 M
$5.66 M undisclosed 2012
Boon Hwee Koh (A),
GREE (A2),
William E. Heinecke (A)
Ini3
undisclosed
undisclosed undisclosed 2004 SoftBank Ventures Korea
JetRadar
$10 M
$10 M undisclosed 2009 iTech Capital (A)
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THAILAND FUNDED STARTUP LIST : SERIES A
Seed Series A Series B Series C Exit
2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors
Medical
Depatures $2.5 M $ 2.5 M undisclosed 2014 DMP(A), Hubert Burda Media(A),
CyberAgent Ventures(A), OPT SEA(A)
Orami
$15 M
$ 15 M
$ 30 M undisclosed
2016
Sinar Mas Digital Ventures (SMDV), Gobi
Partners, Facebook Co-founder, Ardent
Capital,
Velos Partners
Playbasis $23 K $350 K $770 K $1.8 M $2.943 M undisclosed 2012
Adrian Vanzyl (S1),
Ardent Capital (S2), Khailee Ng (S3),
500 Startups (S3 & A),
Axis Capital Corp (S3), Cherubic
Ventures
(S3 & A), InVent (A)
Sendit
undisclosed
undisclosed undisclosed 2015 Ascend Capital (A)
Stamp undisclosed undisclosed undisclosed 2015 Golden Gate Ventures (A), Altpoint
Ventures (A)
Work Venture
$420 K $ 3.6 M $ 4.02 M undisclosed 2014 Sommaphat Traisorat (S)
undisclosed for Series A
YDM Thailand $ 3 M $ 3 M undisclosed
InVent (A), nvestventures (A), Premier
Advisory Group (SMEs Private Equity Trust
Fund by GSB and SET)
Zanroo $ 7.4M $ 7.4 M
undisclosed
ShiftVentures (A)
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THAILAND FUNDED STARTUP LIST : SEED FUNDING
Seed Series A Series B Series C Exit
2011 2012 2013 2014 2015 2016 2017 2018 Total
raised Valuation Founded Investors
Anipipo
$104.29 K
$104.29 K undisclosed 2011 Kentaro Sakakibara (S), Samurai
Incubate (S)
Appy Hotel
$500 K undisclosed
$500 K+ $2 M 2013 Unlimited Capital (S & A)
Asiola
undisclosed - undisclosed 500 TukTuks (S)
Baania undisclosed - undisclosed
500 TukTuks (S), Krungsri
Finnovate (S), AddVentures (S),
PTT (S)
Blisby
$300 K
$300 K undisclosed 2013 500 Startups (S), DeNA (S), East
Ventures (S)
Buzzcommerce undisclosed undisclosed 2014 East Ventures (S)
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THAILAND FUNDED STARTUP LIST : SEED FUNDING
Seed Series A Series B Series C Exit
2011 2012 2013 2014 2015 2016 2017 2018 Total
raised Valuation Founded Investors
Cloud
Commerce undisclosed undisclos
ed - undisclosed 2016
Pawoot Pongpitayapanu (S)
500Tuktuks (S), Intania Open
Innovation Club (IOIC) (S)
Chococard
$300 K
$300 K $600 K+ undisclosed
NVestVenture (SMEs Private Equity
Trust Fund by GSB)
Chomchob undisclos
ed
-
undisclosed 500Tuktuk (S)
Cookly
undisclosed
-
undisclosed 2015 500TukTuks (S)
DealCha undisclosed undisclosed 2015 500TukTuks (S),Next Tech (S), SOLERA
Investment (S), Robert Lomnitz (S)
Deliveree
undisclosed
-
undisclosed 2015 Ardent Capital (S), Inspire VEntures (S)
Drivebot $112 K $ 112 K undisclosed 2013 Crowdfunded via Indiegogo
DriveMate
undisclosed
-
undisclosed 2016 500TukTuks (S), dtac (S)
Event
Carnival undisclosed
-
undisclosed 2014 East Ventures (S)
EventBanana
undisclosed
-
undisclosed 500TukTuks (S)
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THAILAND FUNDED STARTUP LIST : SEED FUNDING
Seed Series A Series B Series C Exit
2011 2012 2013 2014 2015 2016 2017 Total raised Valuation Founded Investors
Fastwork
undisclosed
- undisclosed 2016 500TukTuks (S), dtac (pre-S)
FindYourSpace $ 30K $ 45K $ 45K $300K $ 420 K undisclosed 2014 Re A Pra (S)
Fixzy
undisclosed $300 K undisclosed $ 300K + undisclosed 2015 Iyara VC (S1), Three undisclosed
angels (S2),SCassest (S3)
Freshket
undisclosed - undisclosed 2016 500TukTuks (S), dtac (pre-S)
Getlinks $125 K $500 K $625 K undisclosed 2015 500 Startups(S2), CyberAgent
Ventures(S)
Ginja undisclosed - undisclosed
500TukTuks (S)
GolfDigg $700 K $700 K $2.8 M 2013 InVent Capital (S)
GoWabi undisclosed - undisclosed 2015 500TukTuks (S)
Hola undisclosed - undisclosed 2013 undisclosed
Healthathome undisclosed - undisclosed 2015
dtac (pre-S)
Muangthai Insurance (S)
500Tuktuks (S)
HUBBA $350 K $350 K undisclosed 2012
500 Startups(S), 500
TuksTuks(S), Ardent Capital (S)
Golden Gate Ventures (S)
Hipflat $335 K $335 K undisclosed 2012
8capital Partners (S),
Chang Ng (S),
Crystal horse Investments (S),
Kris Nalamlieng (S)
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THAILAND FUNDED STARTUP LIST : SEED FUNDING
Seed Series A Series B Series C Exit
2011 2012 2013 2014 2015 2016 2017 Total raised Valuation Founded Investors
IndieDish
undisclosed - undisclosed dtac (pre-S),
500Tuktuk (S)
Infinity Levels
$500 K
$500 K undisclosed 2013 InVent Capital (S)
Jobtalents
$100 K
$100 K undisclosed 2013
Natavudh Pungcharoenpong (S),
Sangboon Sangmanee (S),
Polapat Udomphol (S)
Jubjai
$500 K
$500 K undisclosed
Magic Box Asia
$300 K
$300 K $3,358,338 2013
Quan (S),
Natavudh Pungcharoenpong (S),
Pawoot Pongpitayapanu (S),
Suphachai Kanjanasakchai (S),
East Ventures (S)
Meditech
Solution
$160 K
$160 K $562 K 2009 InVent (S)
MoneyTable
1.5M $ 1.5 M undisclosed
Kejora (S), K2Venture (S)
Chualapayap Srikarnchana (S)
Chatchaval Jiaravanon (S)
Nasket $150K $150K undisclosed
OneStockHome
undisclosed
-
undisclosed 2009 500TukTuks (S)
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THAILAND FUNDED STARTUP LIST : SEED FUNDING
Seed Series A Series B Series C Exit
2011 2012 2013 2014 2015 2016 2017 2018 Total raised Valuation Founded Investors
Page 365
$109 K $420 K
$529 K undisclosed 2012
Galaxy Ventures (S2),
Inspire Ventures (S)
Peak
$20 K
$300 K $320 K undisclosed 2014 True Incube (S), M8VC (S), Expara (SMEs Private
Equity Trust Fund by GSB)
PenguinT undisclosed - undisclosed 500Tuktuk (S)
Piggipo
$70 K undisclosed
$70 K+ undisclosed 2013
Ookbee (S), dtac (S),
500TukTuks (S),
GoldenGate Venture (S)
PlanforFit undisclosed - undisclosed muru-D (S), RCL Accelerator (S)
Ricult
$ 600K $1.85 USD
$2.45 M
undisclosed 2016
dtac (pre-S)
Bill & Melinda Gates Foundation (S,S2),
Chanwanich Group (S2), Wavemaker (S2),
500Tuktuks (S2)
Seekster
undisclosed undisclosed undisclosed
Digital Ventures (S)
dtac (S)
500 TukTuks (S)
Skilllane
undisclosed undisclosed
-
undisclosed 2014
Metaliq Growth Partners (S)
Ittipat Peeradechapan (S2)
500Tuktuk (S1)
Social Nation
500K
undisclosed
$ 500 K + undisclosed
2014
InVent (S), BDMI (S), Danhua Capital (S),
Greycroft Partner (S), Index Ventures (S), Suisse
Capital Global Management, Virtual Reality
Investments (S), Wonder Ventures (S)
STYLHUNT
$25 K
$500 K
$525 K
undisclosed 2014
500 TukTuks (S2), CyberAgent Ventures (S2),
Expara IDM Ventures (S2), Singapore Angel
Network (S2), JFDI.Asia (S1)
Paul Pattarapon Sinlapajan
Tourkrub
undisclosed
- undisclosed 2014 500TukTuks (S)
Zmyhome
$400 K
$400 K
undisclosed KKfund (S)
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M&A ESTIMATED AT LEAST $108.17M
Company Founded Industry Value (in US
dollar)
Year of
Acquisition Acquirer Country of
Acquirer
2004 Online Payment
Provider - 2008 - dtac
2017 - Omise Thailand
1998 Web Portal 10.5M 1999 - Mweb
2010 - Tencent China
2000 Software undisclosed 2007 American
1994 E-commerce undisclosed 2012 Thailand
2005 Online Hotel
Booking undisclosed 2007 American
2009 Daily Deal Site undisclosed 2011 American
2010 Social Monitoring
Tool undisclosed 2011 American
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M&A ESTIMATED AT LEAST $108.17M
Company Founded Industry Value (in US
dollar)
Year of
Acquisition Acquirer Country of
Acquirer
2007 Real Estate Portal 23 M 2011 Singapore
2006 E-commerce undisclosed 2011 Malaysia
2008 E-Books undisclosed 2014 Thailand
2005 car site 14.4M 2014 Malaysia
2003 Online Payment
Gateway undisclosed 2014 Thailand
2012 marketplace undisclosed 2015 (merge) Thailand
2010 Real Estate Portal 6M 2015 Malaysia
2013 E-Commerce undisclosed 2015 Indonesia
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M&A ESTIMATED AT LEAST $108.17M
Company Founded Industry Value (in US
dollar)
Year of
Acquisition Acquirer Country of
Acquirer
2009 Social Media
Analytics undisclosed 2015 South Korea
2013 Insurance undisclosed 2015 Thailand
2014 Social Media undisclosed 2016 Thailand
2013 Dating undisclosed 2016 Australia
Social Media*
Analytics undisclosed* 2016* Thailand
1998 Internet and
Design Institute 28.68M 2016 Japan
Social Media undisclosed 2017 South Korea
2001 Ecommerce** undisclosed** 2018** Thailand
*Rebrand to be WISESIGHT in year 2018
** Acquired by Rakuten in 2009 and bought back by Tarad in 2016
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2012 2013 2014 2015
7 M
Undisclosed
25 M 12.7 M 10 M
9.3 M
10 M
Annually
Undisclosed Undisclosed
Undisclosed Undisclosed Undisclosed
VC FUNDS RAISED IN 2012 -2018 AT LEAST $ 414.91 M
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2016 2017
50 M
14.65 M
45 M 30 M 30 M
Undisclosed Undisclosed
Undisclosed Undisclosed Undisclosed
4.3 M
Undisclosed Undisclosed
50 M
2018
~45 M
19.96 M
Undisclosed
10 M
VC FUNDS RAISED IN 2012 -2018 AT LEAST $ 414.91 M
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MOST ACTIVE VCs IN THAILAND
2011 2012 2013 2014 2015 2016 2017 2018 Total deal Portfolio companies
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True Incube 2 1 3 Sellsuki (S), Peak (S)
Unlimited Capital 1 1 2 Appy Hotel (S & A)
Velos partners 1 1 Orami (A)
Wavemaker 1 1 1 3 Eko (S), Giztix (A), Ricult (S2)
Wellesleys 1 1 Getlink (A)
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MOST ACTIVE ANGELS IN THAILAND
Chualapayap Srikarnchana
Andre Hoffmann
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Chang Ng
Chintaka Ranatunga
Eduardo Saverin
Hirokazu Mashita
Ittipat Peeradechapan
Jakob Lykkegaard
Jonathan Price
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Julien Chalte
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Julien Chalte
ken Sakakibara
Khailee Ng
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Paul Pattarapon
Pawoot Pongvitayapanu
Piyaphan Wongyara
Kimura Shinji
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FRT
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Sommaphat TraisoratPolapat Udomphol
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Samer Karum
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Supachai Kanjanasakchai
Sven Ernst
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Toivo Annus
Tommy Chia
Watchara Kaewsawang
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William E Heincke
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