# Giztix Company

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

- Industry: Software
- Headquarters: Bangkok, Thailand
- Website: www.giztix.com
- Total disclosed funding: $9.7M
- Latest round: Series B (Nov 15, 2021)
- Investors on record: 7

## About

Giztix Company Limited is a logistics provider focused on efficient goods transportation in urban areas, offering truck rentals and delivery services tailored to meet diverse client needs.Founded in 2015, Giztix Company Limited operates as a logistics service provider based in Bangkok, Thailand. The company's founders, Nattavut Hunpongkul and Sittisak Wongsomnuk, have prior experience in logistics and business operations. Giztix has raised a total of USD 7.84 mn through its most recent round, Series B, on November 15, 2021, co-led by Bualuang Ventures and WHA Group, among other investors. The current valuation of the company is USD 31.25 mn.Giztix specializes in a range of logistics services, including truck rentals and delivery solutions, primarily utilizing 6-wheeled trucks and pickups. The company serves a variety of clients, from individual consumers to larger businesses, ensuring efficient transportation of goods tailored to the unique demands of urban logistics.In the most recent financial year, 2022, Giztix reported a revenue of USD 1,701,250.40, with an EBITDA of USD -4,674,384.20. The company's transactional revenue model is based on service fees determined by distance and vehicle type, effectively catering to both bulk logistics and direct-to-consumer segments.Giztix Company Limited plans to utilize its recent Series B funding of USD 7.84 mn to enhance its range of transportation services and technologies. The company aims to boost marketing efforts and sales strategies to increase income distribution to transport operators across Thailand. Specifically, the company is targeting expansions into new regional markets in Asia to broaden its operational footprint by 2023.

## Funding rounds

- Series B, Nov 15, 2021, $7.8M — KK Fund, Bualuang Ventures, AddVentures, CAC CAPITAL, WHA Group
- Series A, Nov 13, 2017, $1.6M — Wavemaker Partners, 500 Global, AddVentures
- Seed, May 24, 2016, $0.2M — 500 Global, KK Fund

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A
- KK Fund (https://capitalatlas.ai/funds/kk-fund) — Seed, Series B
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Series A
- AddVentures (https://capitalatlas.ai/funds/addventures) — Series A, Series B
- Bualuang Ventures (https://capitalatlas.ai/funds/bualuang-ventures) — Series B
- CAC CAPITAL (https://capitalatlas.ai/funds/cac-capital) — Series B
- WHA Group — Series B