500 Global, established in 2010, is a global venture capital firm with over $2.4 billion in assets under management. Based in Mountain View, California, with offices worldwide, the firm invests in early-stage technology companies across 80+ countries. 500 Global focuses on markets where technology and innovation can drive long-term value and economic growth. The firm's investment portfolio spans diverse sectors such as biotech, fintech, internet, and consumer services, with a preference for companies generating at least $100,000 in monthly revenue. 500 Global offers a four-month accelerator program, providing startups with funding, mentorship, and connections to renowned investors. The firm has invested in over 2,800 companies, including 35 unicorns, and has a team of over 190 members based in 25 countries.
814 Mission Street, 6th Floor San Francisco, CA, 94103
Clayton Bryan
Partner
Tim Chae
Managing Partner
Shawn Chu
Principal
Itali Pedroni Collini
Director 500 Startups Brazil
Nicholas Davison
Director
Amal Dokhan
Managing Partner
Cecilia Ezquerro
Portfolio Director
Enis Hulli
General Partner, Istanbul
Min Kim
Partner
Eunhye Kim
Investment Associate
Khailee Ng
Managing Partner
René Lomelí Ojeda
Operations Director
Pahrada Sapprasert
Partner
Pedro Vieira Ph.D
Partner
Tony Wang
Managing Partner
Yingjie Wang
Investor
Bedy Yang
Managing Partner
Past deals in Thailand
Hungry Hub
Series A in 2022
Hungry Hub is a dining platform based in Thailand that specializes in fixed-price meal offers at various restaurants. It allows diners to book tables and enjoy meals at predetermined prices, eliminating the uncertainty of final bills. The service provides exclusive deals that are not available to walk-in customers or those who reserve by phone, ensuring a unique dining experience. Additionally, Hungry Hub supports restaurants by helping them enhance customer engagement and drive revenue through sustainable promotions, while also offering diners the advantage of knowing their food costs upfront.
Salary Hero
Seed Round in 2022
Salary Hero is a financial health platform tailored for the Thai workforce, aimed at enhancing employee financial well-being. The service offers a variety of financial tools, including Salary on Demand, financial education resources, budgeting tools, and high-interest savings options. By integrating seamlessly with existing HR processes, Salary Hero simplifies implementation and management, allowing employers to focus on their core operations. The platform helps reduce financial stress among employees, leading to improved financial independence and increased savings. Additionally, employers benefit from lower staff turnover, quicker recruitment, and a more engaged workforce, ultimately driving positive economic outcomes for both employees and organizations.
Protomate
Pre Seed Round in 2022
Protomate is a hardware startup founded in 2018 and based in Bangkok City, Thailand. The company focuses on developing and manufacturing consumer electronic products tailored for the transportation and logistics industry. Protomate specializes in product design, hardware design, and computer vision technology, aiming to enhance mobility and logistics applications. Through its innovative offerings, the company seeks to improve quality of life and ensure safe mobility for users.
Hungry Hub
Venture Round in 2021
Hungry Hub is a dining platform based in Thailand that specializes in fixed-price meal offers at various restaurants. It allows diners to book tables and enjoy meals at predetermined prices, eliminating the uncertainty of final bills. The service provides exclusive deals that are not available to walk-in customers or those who reserve by phone, ensuring a unique dining experience. Additionally, Hungry Hub supports restaurants by helping them enhance customer engagement and drive revenue through sustainable promotions, while also offering diners the advantage of knowing their food costs upfront.
Showcase Group
Seed Round in 2021
Showcase is a social selling platform based in Bangkok, Thailand, that connects social sellers with brands and suppliers. Its mobile application enables social sellers to view products directly from these authorized suppliers and brands. By facilitating this connection, Showcase allows social sellers to earn commissions and bonuses based on the products they sell. The platform emphasizes collaboration with legitimate brands and suppliers, ensuring a trustworthy environment for both sellers and partners.
Funding Societies
Venture Round in 2021
Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.
Carsome
Venture Round in 2021
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.
Carsome
Series D in 2020
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.
Showcase Group
Seed Round in 2020
Showcase is a social selling platform based in Bangkok, Thailand, that connects social sellers with brands and suppliers. Its mobile application enables social sellers to view products directly from these authorized suppliers and brands. By facilitating this connection, Showcase allows social sellers to earn commissions and bonuses based on the products they sell. The platform emphasizes collaboration with legitimate brands and suppliers, ensuring a trustworthy environment for both sellers and partners.
Siamcardeal
Seed Round in 2020
SiamCarDeal operates an online platform based in Bangkok, Thailand, that specializes in automotive digital services. Founded in 2016, the company provides comprehensive information about various vehicles, including buying and selling options. The platform connects users with official dealers who offer cars for sale, often at discounted prices. By facilitating access to a wide range of automotive resources and service providers, SiamCarDeal aims to enhance the user experience for both buyers and sellers in the automotive market.
Golden Gate Ventures
Series A in 2019
Golden Gate Ventures, established in 2011, is a Singapore-based venture capital firm with a strong presence in Southeast Asia. It invests in early-stage internet and mobile startups across various sectors such as e-commerce, payments, marketplaces, mobile applications, healthcare, education, and B2B SaaS platforms. The firm prefers to back companies with a launched product or established distribution partnerships in the region. Golden Gate Ventures manages multiple funds, with its most recent fund having raised $250 million. It has invested in over 70 companies, including 9 unicorns, and maintains offices in Singapore, Indonesia, Vietnam, and the United States. The firm typically invests between $0.25 million and $5 million per portfolio company, taking a minority equity stake.
NEO Money
Seed Round in 2019
NEO Money designs and develops an platform in financial technology that helps users obtain financial freedom and handle money wisely. It began operation in 2019, with its headquarters in Bangkok in Thailand.
Bellugg
Seed Round in 2019
Bellugg is an on-demand luggage delivery service operating in Bangkok and Pattaya, Thailand. The company focuses on providing travelers with a convenient solution for transporting their luggage between airports and hotels. By allowing customers to leave their luggage at designated storage locations or directly at their hotels, Bellugg eliminates the need for waiting in long lines and carrying heavy bags, thereby enhancing the overall travel experience. Additionally, the service offers real-time tracking of luggage status, ensuring peace of mind for users. Through its platform, Bellugg aims to streamline the travel process, making it easier and more enjoyable for travelers.
Hungry Hub
Seed Round in 2019
Hungry Hub is a dining platform based in Thailand that specializes in fixed-price meal offers at various restaurants. It allows diners to book tables and enjoy meals at predetermined prices, eliminating the uncertainty of final bills. The service provides exclusive deals that are not available to walk-in customers or those who reserve by phone, ensuring a unique dining experience. Additionally, Hungry Hub supports restaurants by helping them enhance customer engagement and drive revenue through sustainable promotions, while also offering diners the advantage of knowing their food costs upfront.
Siamcardeal
Seed Round in 2019
SiamCarDeal operates an online platform based in Bangkok, Thailand, that specializes in automotive digital services. Founded in 2016, the company provides comprehensive information about various vehicles, including buying and selling options. The platform connects users with official dealers who offer cars for sale, often at discounted prices. By facilitating access to a wide range of automotive resources and service providers, SiamCarDeal aims to enhance the user experience for both buyers and sellers in the automotive market.
Siamcardeal
Seed Round in 2019
SiamCarDeal operates an online platform based in Bangkok, Thailand, that specializes in automotive digital services. Founded in 2016, the company provides comprehensive information about various vehicles, including buying and selling options. The platform connects users with official dealers who offer cars for sale, often at discounted prices. By facilitating access to a wide range of automotive resources and service providers, SiamCarDeal aims to enhance the user experience for both buyers and sellers in the automotive market.
Seekster
Seed Round in 2019
Seekster is a prominent property service platform in Thailand that caters to various cleaning and maintenance needs. The company operates an online marketplace that connects service seekers with local laborers, offering instant access to maids and technicians on demand. By utilizing a digital medium, Seekster streamlines the process of finding and hiring service providers, allowing clients to efficiently manage their chores while saving time and money. The platform also tracks the services rendered, enhancing the overall customer experience.
iPrice Group
Corporate Round in 2018
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.
Drivemate
Seed Round in 2018
Drivemate is a prominent peer-to-peer car sharing service in Thailand that facilitates a marketplace connecting vehicle owners with renters. By allowing car owners to rent out their vehicles, Drivemate helps them offset ownership costs while providing renters with convenient access to a variety of cars without hidden fees. The platform emphasizes sustainability by reducing fuel wastage and promotes responsible vehicle use. To ensure a secure experience for both parties, Drivemate offers full insurance coverage and reliable customer service, fostering trust within the community. This innovative service enables vehicle owners to generate income through unlimited rentals while giving renters the flexibility to choose cars based on their specific needs.
Baania
Series A in 2018
Baania is Thailand's leading online marketplace and data platform for residential properties, established in 2016 and headquartered in Chiang Mai, with additional offices in Bangkok and Nakhon Ratchasima. The platform aims to empower consumers by providing vital information and insights for buying, selling, renting, and financing homes. Baania streamlines the often complex process of real estate transactions by connecting buyers, sellers, developers, realtors, and banks through its comprehensive database of over one million homes. It offers data-driven analytical tools, including Thailand's first automated valuation service, Bestimate, which delivers up-to-date market insights and historical price comparisons. This enables users to make informed decisions regarding their real estate endeavors. Baania has successfully secured funding from local investors and notable venture capital firms over multiple rounds, further solidifying its position in the real estate market.
Bellugg
Seed Round in 2018
Bellugg is an on-demand luggage delivery service operating in Bangkok and Pattaya, Thailand. The company focuses on providing travelers with a convenient solution for transporting their luggage between airports and hotels. By allowing customers to leave their luggage at designated storage locations or directly at their hotels, Bellugg eliminates the need for waiting in long lines and carrying heavy bags, thereby enhancing the overall travel experience. Additionally, the service offers real-time tracking of luggage status, ensuring peace of mind for users. Through its platform, Bellugg aims to streamline the travel process, making it easier and more enjoyable for travelers.
Dealcha!
Seed Round in 2018
Dealcha.com is Thailand's first cashback website, providing users the opportunity to earn cash rewards through their online shopping activities. The platform allows individuals to register for free, select from a variety of partner online stores, and shop for products. After making a purchase, a percentage of the total price is credited back to the user's Dealcha! cashback account. This cashback is in addition to any ongoing promotions, credit card discounts, or coupon codes. Users can redeem their accumulated cashback as actual cash without any fees. By offering competitive deals and cashback opportunities, Dealcha enhances the online shopping experience for its users.
WishBeer
Seed Round in 2018
Wishbeer is the leading omni-channel beer company in Thailand, specializing in the sale of craft beer and a variety of alcoholic beverages. It operates an e-commerce platform that offers craft beer, beer glasses, wine, cider, and other related products. Through its online platform, Wishbeer provides customers across Thailand with convenient access to a diverse selection of quality beverages, catering to both casual consumers and enthusiasts alike.
WashBox24
Seed Round in 2018
WashBox24 is a round-the-clock laundry service based in Bangkok, Thailand, that addresses the challenges posed by traditional laundry stores' limited hours and locations. Founded in 2013 by Nithipont Thaiyanurak, the company utilizes a locker and software solution that allows customers to access laundry services 24 hours a day, 365 days a year. This innovative approach enables users to conveniently manage their laundry, track their orders, and receive notifications when their items are ready for pickup. By combining technology with customer-centric service, WashBox24 ensures that clients can enjoy clean and fresh clothes at their convenience.
Havson
Seed Round in 2017
Havson is a Cross Reality (XR) technology company specializing in developing new attractions for location-base entertainment (LBE) and vertical market including enforcement training, driver training simulator, education etc. Our mission is to provide turn-key solution, safety and breathtaking experience with fun factors, which allowed Multiplayer Free-roam and interact in between the Real & Virtual World. Enabling the clients to spend less budget on non-recycled physical building structures and more budget on continuously updated digital contents for their repeating users. Havson's VR product EXA Series is available in 7 countries across Asia & Europe. Including HTC Viveland, Capcom Japan, Vader Korea, The Rift Malaysia. Work closely with Nvidia, Unity, HTC Vive, MSI and other technology companies. It's award-winning VR division Dutajaya Media is the winner of Alibaba's CACSC 2016 as Champion in Southeast Asia, Global stage Merit winner. Also won The Best Showcase of Unity's Unite 2017 in Singapore and Siggraph Asia 2017 in Thailand.
Carsome
Series B in 2017
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.
Favstay
Series A in 2017
Favstay is a vacation rental platform that connects travelers with unique accommodations offered by local hosts in Thailand. The company emerged from a merger between the founders of Pompome and Ookbee, aiming to elevate the vacation lodging experience in the country's top tourist destinations. Favstay features a diverse selection of over 5,000 condominiums and villas, each designed to complement the lifestyles of Thai people. The platform provides a range of options, including properties with extensive living spaces and private swimming pools, allowing users to find a home-like stay in popular locations such as Hua Hin, Pattaya, Khao Yai, and Phuket. By curating a variety of accommodations, Favstay enhances the travel experience for individuals seeking distinctive lodging in Thailand.
T2P
Venture Round in 2016
T2P is based in Thailand and the additional capital will be leveraged to expand their services beyond Thailand and into other ASEAN countries.
Skootar
Seed Round in 2016
Skootar is a company based in Bangkok, Thailand, that offers a cloud and mobile application designed to connect small and medium-sized enterprises (SMEs) with available scooter messengers for efficient delivery services. The platform facilitates the booking of on-demand motorbike messengers to deliver documents, parcels, and food, optimizing routes to reduce delivery time and cost. By combining similar delivery requests into a single trip, Skootar enhances the convenience and reliability of logistics for businesses in the metropolitan area. The service is aimed at providing a fast, economical, and dependable solution for various delivery needs.
Carsome
Series A in 2016
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.
STYLHUNT
Seed Round in 2016
STYLHUNT Pte Ltd operates a community-driven social commerce platform based in Bangkok, Thailand. Founded in 2014, the platform addresses the challenges shoppers face in finding reliable stores by aggregating thousands of merchants and allowing users to filter their search based on style and trustworthiness. Unlike traditional search engines, STYLHUNT optimizes results for social media content, making it easier for consumers to connect with shops that align with their preferences. The company also maintains a directory of shops indexed by popularity and trust, enhancing the shopping experience by providing a curated selection of merchants.
iPrice Group
Seed Round in 2015
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.
HappyFresh
Series A in 2015
HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its founding in 2015. The company aims to simplify the grocery shopping experience by offering a convenient platform where customers can order fresh products from local grocery stores and have them delivered directly to their homes. HappyFresh employs trained personal shoppers to ensure the quality and freshness of the groceries, alleviating common challenges associated with traditional shopping, such as parking, navigating store aisles, and carrying heavy bags. By focusing on customer convenience and high-quality service, HappyFresh has established itself as a prominent player in the Southeast Asian online grocery market.
Carsome
Seed Round in 2015
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.
Omise
Series A in 2015
Omise Co., Ltd. is a Bangkok-based company founded in 2013 that develops and operates an online payment platform designed for seamless integration on both web and mobile. The platform facilitates money transfers to third-party bank accounts, enables refunds to customers, and allows users to store payment information for future transactions. Omise caters to businesses by offering a variety of payment processing solutions, addressing the challenges faced by online stores in Thailand, Japan, and Singapore, where the existing payment systems often require cumbersome documentation and high fees. The company aims to simplify the payment process, enabling instant acceptance of credit and debit card payments, as well as bill payments through online banking and ATMs. Omise also provides APIs for developers, ensuring easy integration and high security standards, as evidenced by its compliance with PCI-DSS 3.1. The company's mission is to enhance the online payment experience, bridging the gap between physical and digital transactions for both merchants and consumers.
Grab
Series A in 2013
Grab Holdings Inc., headquartered in Singapore, operates a mobile technology platform that integrates city transportation and various on-demand services in Southeast Asia. The company, founded in 2012 by Anthony Tan and Tan Hooi Ling, offers services such as ride-hailing (GrabTaxi, GrabCar), carpooling (GrabHitch, GrabShare), shuttle services (GrabShuttle, GrabShuttle Plus), and food delivery through its GrabFood platform. Grab also provides financial services, including payments, consumer loans, and enterprise offerings. It operates in eight countries: Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam, and Myanmar. Grab generates revenue by charging commissions to both consumers and service providers, with ride-hailing and food delivery contributing to 89% of its total revenue. The company competes with Foodpanda and Gojek in the region.
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