Amity Solutions Raises $60M in Series C Funding to Boost AI and Software Development
Amity Solutions has become a major player in Thailand’s software industry.
Company Name: Amity Solutions (ASOL)
Location: Bangkok, Thailand
Sector: Technology, Software, Artificial Intelligence
Funding Details: Raised US$60M in Series C funding, consisting of US$41.6M led by Insight Capital with participation from new and existing investors, and US$18.4M led by SMDV, with participation from Gobi Partners and several existing investors.
Purpose of Investment: To expand operations and enhance development efforts, particularly in Generative AI applications.
Leadership: Founded by Korawad Chearavanont and led by CEO Keng Teik Koay.
Product: Amity Solutions is a multi-product software provider known for its innovative platforms, including Amity Bots (an enterprise chatbot platform), Amity Voice (a voicebot platform), and Eko (a collaboration platform tailored for non-desk workforces). Since early 2023, the company has pivoted its focus towards integrating Generative AI into its existing SaaS products to offer enhanced solutions.
About Company: Amity Solutions has become a major player in Thailand’s software industry, serving over fifty prominent clients including state-owned enterprises, government agencies, banks, financial services firms, and retailers. With this significant new funding, Amity aims to further its leadership in AI and software development, enhancing its existing platforms and venturing into new, innovative applications that meet the evolving needs of its diverse client base.