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SiamCarDeal operates a specialized online platform designed to streamline the process of purchasing new vehicles in Thailand. The company aggregates promotional offers and detailed vehicle information directly from numerous car dealerships nationwide, providing prospective buyers with a centralized hub to compare models and deals. This digital marketplace aims to simplify the new car buying journey, empowering users to find competitive offers and make informed decisions without the need for extensive physical showroom visits.
The company was co-founded by Siriporn Chaowonglert and Damien Kerneis, with the platform launching around early 2016. Chaowonglert's personal frustration with the time-consuming and often inefficient process of finding optimal new car deals, which involved visiting over ten showrooms, served as the primary impetus. Recognizing a gap in the market for a consolidated online resource, she partnered with Kerneis, leveraging his automotive experience and a business model observed in France to bring the solution to fruition.
SiamCarDeal primarily serves individuals in Thailand seeking to acquire new cars, while also providing dealerships with an efficient online channel to reach a broader customer base. The platform caters to modern consumer behavior, where a significant majority research online before visiting physical showrooms. The company’s vision is to continuously enhance accessibility and transparency in the new car market, connecting buyers with the best available offers and information, thus making the vehicle acquisition process more convenient and customer-centric.
SiamCarDeal has raised $300K across 1 funding round.
SiamCarDeal has raised $300K in total across 1 funding round.
SiamCarDeal is a SaaS technology company providing digital services to automotive dealerships in Southeast Asia, primarily focused on lead generation, lead qualification, and online platforms for new car sales.[1][2] Founded in 2015 and based in Bangkok, Thailand, it serves dealerships by connecting them with individuals and entities interested in purchasing vehicles, solving the problem of inefficient lead management in the automotive sector.[1][2] The platform has demonstrated strong growth momentum, establishing itself as Thailand's leading and fastest-growing online new car platform, with expansions into Myanmar, Cambodia, Laos, and plans for further Southeast Asian markets.[3][4]
SiamCarDeal was founded in 2015 in Bangkok, Thailand, emerging as a response to the need for digital tools in Thailand's automotive dealership ecosystem.[1] While specific founder details are not widely documented in available sources, the company quickly gained traction as a provider of lead generation and qualification services tailored to dealerships.[2] A pivotal moment came with its successful expansion beyond Thailand, starting with Myanmar, leveraging its dominance in the domestic market to enter neighboring countries like Cambodia and Laos.[3][4] This regional push underscores its evolution from a local player to a Southeast Asia-focused SaaS provider.[4]
(Note: Categorizations like "Motor Vehicle Manufacturing" in some profiles appear inconsistent with primary SaaS descriptions and may reflect data errors.[5])
SiamCarDeal rides the wave of digital transformation in Southeast Asia's automotive sector, where rising internet penetration and e-commerce adoption are shifting car buying from traditional dealerships to online platforms.[2][3] The timing aligns with post-pandemic acceleration in digital services, particularly in emerging markets like Thailand and Myanmar, where market forces such as urbanization, growing middle-class demand for vehicles, and mobile-first consumer behavior favor lead-gen tech.[1][4] By enabling dealerships to compete digitally, it influences the ecosystem by professionalizing sales processes, fostering competition, and supporting regional economic integration through cross-border expansion.[3][4]
SiamCarDeal is poised for continued growth through deeper Southeast Asian penetration, potentially targeting high-potential markets like Vietnam or Indonesia amid rising EV adoption and online retail trends.[4] Evolving consumer preferences for seamless digital experiences and data-driven personalization will shape its trajectory, with opportunities in AI-enhanced lead scoring or integrated financing tools. Its influence may expand as a key enabler for dealership digitization, solidifying its role from Thailand's lead platform to a regional automotive SaaS leader—building directly on its proven expansion momentum.[3][4]
SiamCarDeal has raised $300K in total across 1 funding round.
SiamCarDeal's investors include 500 Startups.
SiamCarDeal has raised $300K across 1 funding round. Most recently, it raised $300K Seed in July 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2019 | $300K Seed | 500 Startups |