# Hatyai HD Care Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hatyai-hd-care-co

- Industry: Healthcare
- Headquarters: Bangkok, Thailand
- Website: www.hd.care
- Total disclosed funding: $19M
- Latest round: Series A (Feb 13, 2025)
- Investors on record: 12

## About

Founded in 2019 and based in Bangkok, Thailand, Hatyai HD Care Co., Ltd., a.k.a. HD, operates as a developer of an online marketplace that offers surgical devices. Frankie Shum, Raya Ten Chantaramungkorn, and Sheji Ho (CEO) are the co-founders of the company. As of January 2023, the company served more than 250,000 patients and has over 20 operating rooms across Thailand and Indonesia. In February 2025, Hatyai HD Care Co., Ltd. raised USD 7.8 million in venture funding from new investor Merck Sharp & Dohme, with participation from returning investors SBI Ven Capital, M Venture Partners, FEBE Venture, and Partech Partners. The company offers a marketplace for healthcare and surgery that connects patients with hospitals, clinics, operating rooms, and surgeons while also providing healthcare financing options. The firm provides the HDmall platform, which provides both outpatient and inpatient healthcare services. Additionally, HD manages HDcare, a service that enables medical professionals to use more operating rooms in hospitals and clinics. The company will use the February 2025 funding to improve its AI capabilities and expand its marketplace.

## Funding rounds

- Series A, Feb 13, 2025, $7.8M — Partech Partners, Merck & Co., Inc., SBI Ven Capital, FEBE Ventures, M Venture Partners
- Series A, Apr 3, 2024, $5.6M — Partech Partners, TA Ventures, SBI Ven Capital, FEBE Ventures, M Venture Partners, Ratio Ventures, Orvel Ventures
- Seed, Jan 3, 2023, $6M — Partech Partners, Gobi Partners, Z Venture Capital, iSeed Ventures, AC Ventures, M Venture Partners, Orvel Ventures

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed, Series A
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Seed
- Z Venture Capital (https://capitalatlas.ai/funds/z-venture-capital) — Seed
- iSeed Ventures (https://capitalatlas.ai/funds/iseed-ventures) — Seed
- AC Ventures — Seed
- M Venture Partners (https://capitalatlas.ai/funds/m-venture-partners) — Seed, Series A
- Orvel Ventures (https://capitalatlas.ai/funds/orvel-ventures) — Seed, Series A
- TA Ventures (https://capitalatlas.ai/funds/ta-ventures) — Series A
- SBI Ven Capital (https://capitalatlas.ai/funds/sbi-ven-capital) — Series A
- FEBE Ventures (https://capitalatlas.ai/funds/febe-ventures) — Series A
- Ratio Ventures (https://capitalatlas.ai/funds/ratio-ventures) — Series A
- Merck & Co., Inc. — Series A