About Flash Express
Flash Express is a company based in Bangkok (Thailand) founded in 2017 by Komsan Saelee.. Flash Express has raised $657 million across 5 funding rounds from investors including PTT Oil and Retail, SCB 10X and Krungsri Finnovate. Flash Express operates in a competitive market with competitors including City-Link Express, Global Jet Express, Alpha Fast, Padyak and Zaslat.cz, among others.
- Headquarter Bangkok, Thailand
- Founders Komsan Saelee
- Stage Unicorn
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$657 M (USD)
in 5 rounds
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Latest Funding Round
$447 M (USD), Series F
Dec 01, 2022
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Investors
PTT Oil and Retail
& 6 more
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Employee Count
Employee Count
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Software Development Team
6 people
Human Resources and Administration
3 people
Data Analysis and Operations Team
3 people
Leadership Team
2 people
Product Management Team
2 people
Legal and Compliance
1 people
Assistant Team
1 people
Government Team
1 people
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Funding Insights of Flash Express
Flash Express has successfully raised a total of $657M across 5 strategic funding rounds. The most recent funding activity was a Series F round of $447 million completed in December 2022. 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 5
- Last Round Series F — $447.0M
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First Round
First Round
(09 May 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series F - Flash Express | Valuation |
investors |
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| Jun, 2021 | Amount | Series D - Flash Express | Valuation | SCB 10X | |
| Jun, 2021 | Amount | Series E - Flash Express | Valuation | SCB 10X , eWTP Capital |
| 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 Flash Express
Flash Express has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include PTT Oil and Retail, SCB 10X and Krungsri Finnovate. 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 focused on blockchain, metaverse, digital assets, and web3 sectors
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Founded Year | Domain | Location | |
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Strategic investments in startups are facilitated by Krungsri Finnovate.
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Founded Year | Domain | Location | |
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Venture capital is invested in technology startups by eWTP Capital.
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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 Flash Express
| 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 - Flash Express
| 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 |
Flash Express Comparisons
Competitors of Flash Express
Flash Express 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 City-Link Express, Global Jet Express, Alpha Fast, Padyak and Zaslat.cz, 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 |
Offers courier services for parcels, documents, and freight across regions.
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| domain | founded_year | HQ Location |
Provides an app for door-to-door courier services.
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| domain | founded_year | HQ Location |
Offers B2B and B2C parcel delivery services for efficient logistics.
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| domain | founded_year | HQ Location |
Provides an app-based platform for door-to-door courier services.
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| domain | founded_year | HQ Location |
Courier services are booked via an online marketplace platform.
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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 Flash Express
Frequently Asked Questions about Flash Express
When was Flash Express founded?
Flash Express was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Flash Express located?
Flash Express is headquartered in Bangkok, Thailand.
Who is the current CEO of Flash Express?
Komsan Saelee is the current CEO of Flash Express. They have also founded this company.
Is Flash Express a funded company?
Flash Express is a funded company, having raised a total of $657M across 5 funding rounds to date.
What does Flash Express do?
Flash Express was founded in 2017 in Bangkok, Thailand, as a logistics and courier company. Operations focus on parcel delivery, real-time tracking, and warehouse management for businesses and individuals. Technology is employed to handle logistics processes and deliver customer updates. Services are extended across Thailand, supporting efficient supply chain needs in the e-commerce sector.
Who are the top competitors of Flash Express?
Flash Express's top competitors include Zaslat.cz, City-Link Express and Global Jet Express.
Who are Flash Express's investors?
Flash Express has 7 investors. Key investors include PTT Oil and Retail, SCB 10X, Krungsri Finnovate, eWTP Capital, and Chanwanich Company.
What is Flash Express's valuation?
The valuation of Flash Express is $2.1B as of Dec 2022.
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