About Flare
Flare is a company based in Bangkok (Thailand) founded in 2017 by Kazuki Kamiya. It operates as a Mobility-as-a-Service, and SaaS (Software-as-a-Service). Flare has raised $1.4 million across 2 funding rounds from investors including Sun Asterisk, Spiral Ventures and CARTA VENTURES. Flare offers products and services including Flare Analytics, Flare Dash, DDash, and Application/System Development OEM. Flare operates in a competitive market with competitors including Cerence, ContinUse Biometrics, Auto Chilango, FordPass and iOnRoad, among others.
- Headquarter Bangkok, Thailand
- Founders Kazuki Kamiya
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Flare Inc.
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Annual Revenue
$261.9 K (USD)73as on Dec 31, 2022
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Net Profit
$-501.9 K (USD)2as on Dec 31, 2022
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EBITDA
$-501.9 K (USD)2as on Dec 31, 2022
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Total Equity Funding
$1.4 M (USD)
in 2 rounds
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Latest Funding Round
$1.4 M (USD), Series A
Mar 26, 2020
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Investors
Sun Asterisk
& 5 more
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Employee Count
Employee Count
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Products & Services of Flare
Flare offers a comprehensive portfolio of products and services, including Flare Analytics, Flare Dash, DDash, and Application/System Development OEM. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-based app for managing safe driving practices effectively.
Smartphone solution for on-the-go employee activity recording.
AI-powered driver dispatch service operating in Thailand.
Custom app and system development for various needs.
Funding Insights of Flare
Flare has successfully raised a total of $1.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.4 million completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $1.4M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series A - Flare | Valuation | Spiral Ventures , Voyage Ventures |
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| May, 2018 | Amount | Seed - Flare | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flare
Flare has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Sun Asterisk, Spiral Ventures and CARTA VENTURES. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focusing on technology investments in Southeast Asia and India.
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Founded Year | Domain | Location | |
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High-growth internet businesses are supported through targeted investments.
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Founded Year | Domain | Location | |
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A robust entrepreneur community is supported in Chiba, Japan.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Flare
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Flare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flare Comparisons
Competitors of Flare
Flare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cerence, ContinUse Biometrics, Auto Chilango, FordPass and iOnRoad, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI and SaaS-enabled virtual assistants for connected vehicles are provided.
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| domain | founded_year | HQ Location |
Contactless biometric sensor for the continuous monitoring of biomedical parameters
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| domain | founded_year | HQ Location |
An automotive management app is provided for vehicle owners.
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| domain | founded_year | HQ Location |
Produces automobiles, trucks, and offers automotive services worldwide.
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| domain | founded_year | HQ Location |
Offers a smartphone app for driving assistance and safety features.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Flare
Frequently Asked Questions about Flare
When was Flare founded?
Flare was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Flare located?
Flare is headquartered in Bangkok, Thailand. It is registered at Bangkok, Bangkok, Thailand.
Who is the current CEO of Flare?
Kazuki Kamiya is the current CEO of Flare. They have also founded this company.
Is Flare a funded company?
Flare is a funded company, having raised a total of $1.4M across 2 funding rounds to date.
What is the annual revenue of Flare?
Annual revenue of Flare is $261.9K as on Dec 31, 2022.
What does Flare do?
Flare is focused on addressing transportation challenges in emerging economies, particularly in Southeast Asia, through AI-based mobile applications. Solutions are developed for safe driving management, work reporting for on-the-go employees, and driver dispatch services. The company operates in the mobility tech sector, offering innovative tools to enhance efficiency and safety in transportation. Custom application and system development services are also provided to meet diverse partner needs across various regions.
Who are the top competitors of Flare?
Flare's top competitors include Cerence, ContinUse Biometrics and Auto Chilango.
What products or services does Flare offer?
Flare offers Flare Analytics, Flare Dash, DDash, and Application/System Development OEM.
Who are Flare's investors?
Flare has 6 investors. Key investors include Sun Asterisk, Spiral Ventures, CARTA VENTURES, Chiba Dojo, and KLab Venture Partners.
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