# AppMan Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/appman-company

- Industry: Software
- Headquarters: Bangkok, Thailand
- Website: www.appman.co.th
- Total disclosed funding: $4.6M
- Latest round: Series A (Feb 17, 2021)
- Investors on record: 7

## About

AppMan Company Limited, based in Thailand, specializes in technology solutions that enhance operational efficiency and customer experiences across various industries, particularly through digital onboarding and AI-driven services.Founded in 2011 in Bangkok, Thailand, AppMan Company Limited focuses on providing custom application development and business process outsourcing. The company was co-founded by Amarit Franssen, Nuttapon Kongkitimanon, Pak Rattidham, and Thanapoom Chareonsiri, who is also the CEO. In February 2021, AppMan raised THB 139 million in Series A funding from various investors, including Cassette Company Limited and Columbia Threadneedle Investments, bringing the total amount raised to THB 139 million.AppMan Digital specializes in a suite of technology-driven solutions designed to enhance operational efficiency and customer experiences. Their core offerings include custom application development, business process outsourcing (BPO), and cloud operations management. AppMan focuses on sectors such as insurance and financial services, providing services like digital onboarding, background checks, and document verification, all utilizing advanced AI technology to streamline processes and ensure compliance with regulations, including Thailand's PDPA.In the most recent year of 2022, AppMan reported a revenue of THB 3,949,380.80 and an EBITDA of THB 791,557.40. The company operates on a B2B revenue model driven by subscription-based services and tailored solutions, particularly emphasizing digital onboarding and risk assessment.Following its Series A funding round in February 2021, where AppMan raised THB 139 million, the company plans to utilize this capital to expand and enhance its technology suite specifically for the APAC region. AppMan aims to develop new products focused on improving operational workflows and customer interactions while targeting the Southeast Asian market for further growth.

## Funding rounds

- Series A, Feb 17, 2021, $4.6M — Columbia Threadneedle Investments, Phillip Private Equity, Krungsri Finnovate, KTB Securities, Siam Alpha Equity, Poems Pte. Ltd., Cassette Company Limited

## Investors

- Columbia Threadneedle Investments — Series A
- Phillip Private Equity (https://capitalatlas.ai/funds/phillip-private-equity) — Series A
- Krungsri Finnovate (https://capitalatlas.ai/funds/krungsri-finnovate) — Series A
- KTB Securities — Series A
- Siam Alpha Equity (https://capitalatlas.ai/funds/siam-alpha-equity) — Series A
- Poems Pte. Ltd. — Series A
- Cassette Company Limited — Series A