# SiamCarDeal

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/siamcardeal

- Industry: Internet
- Headquarters: Bangkok, Thailand
- Website: www.siamcardeal.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Jul 3, 2019)
- Investors on record: 1

## About

SiamCarDeal is a Thai company specializing in innovative automotive solutions, offering a platform that enhances operational efficiency for various businesses. They cater to clients ranging from SMEs to large corporations across different sectors.Founded in 2015 and headquartered in Bangkok, Thailand, SiamCarDeal provides automotive solutions through a unique software platform. The company was co-founded by Damien Kerneis and Siriporn Chaowonglert. In July 2019, they raised USD 0.3 mn in Seed funding led by 500 Global. To date, the total amount raised by the company is USD 0.3 mn.SiamCarDeal specializes in providing innovative solutions tailored to the automotive industry through its advanced software platform. This platform streamlines operational processes and is designed for a diverse clientele, including small to medium enterprises (SMEs) and larger corporations in sectors such as manufacturing and retail. By addressing challenges like workflow optimization and data management, SiamCarDeal helps clients leverage technology for growth, primarily marketing its products in North America and Europe, where digital transformation is increasingly essential.In the most recent fiscal year 2022, SiamCarDeal generated a revenue of USD 482,996.1, with an EBITDA of USD 57,593.2. The company's subscription-based revenue model allows clients to access its offerings through annual contracts, creating stable revenue streams. Their pricing is tiered, accommodating varying client needs, and they may offer premium features to enhance their core services.SiamCarDeal is focused on expanding its product offerings and market presence. The company is designing new products aimed at further enhancing its software platform and plans to enter new geographic markets, although specific regions have yet to be disclosed. The funding received in July 2019 will support these initiatives, particularly in product development and marketing strategies to attract a broader customer base.

## Funding rounds

- Seed, Jul 3, 2019, $0.3M — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
