# Line Man Wongnai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/line-man-wongnai

- Industry: Internet
- Headquarters: Bangkok, Thailand
- Website: www.lmwn.com
- Total disclosed funding: $393M
- Latest round: Series B (Jul 10, 2023)
- Investors on record: 8

## About

Founded in 2020 by its CEO Yod Chinsupakul, Pattrawoot ‘Boy’ Suesatayasilp, Suparit ‘Boy’ Krityakien, and Worawee ‘Parn’ Sattayavinij, and based in Bangkok, Thailand, Line Man Wongnai operates as a food delivery company. The company was formed by the merger of two entities: Line Man and Wongnai. In July 2023, Line Man Wongnai acquired FoodStory, and also raised USD 272.67 million in series B financing co-led by GIC and LINE Corporation, with participation from Apfarm Investment Pte Ltd, Bualuang Ventures, and PTT Oil and Retail Business Public Company Limited.

The company operates an on-demand and restaurant discovery platform that offers food, as well as grocery delivery services for its users. Its product portfolio also includes Wongnai merchant and POS, an operating system for restaurants; and Line Man rider services; restaurant review solutions. In addition, the company also offers a mobile version of its platform for both Android and iOS users.

The company plans to use the July 2023 funds to strengthen its competitiveness in the food delivery industry, expand its services, tech infrastructure improvement, and strengthen recruitment.

## Funding rounds

- Series B, Jul 10, 2023, $273M — GIC, Line Corporation, Bualuang Ventures, Beacon Venture Capital, BRV Capital Management, PTT Oil and Retail Business Public Company Limited, TWM VENTURE CO., LTD., Apfarm Investment Pte Ltd
- Series A, Sep 2, 2020, $120M — BRV Capital Management

## Investors

- BRV Capital Management (https://capitalatlas.ai/funds/brv-capital-management) — Series A, Series B
- GIC — Series B
- Line Corporation — Series B
- Bualuang Ventures (https://capitalatlas.ai/funds/bualuang-ventures) — Series B
- Beacon Venture Capital (https://capitalatlas.ai/funds/beacon-venture-capital) — Series B
- PTT Oil and Retail Business Public Company Limited — Series B
- TWM VENTURE CO., LTD. — Series B
- Apfarm Investment Pte Ltd — Series B