Bangkok’s Flare secures early funding, boasts 15,000 drivers wrapping car in ads
Summary
Bangkok-based Flare, the startup offering a car advertising network under the same name, announced today that it has secured early stage funding from Tokyo-based Voyage Ventures and unnamed angel investors. Flare was launched back in August of 2017 by Japanese serial entrepreneur Kazuki Kamiya who moved to Thailand in November of 2013. The Flare users owning automobiles log onto the service via a mobile app, and selects a desired one from among campaigns offered by advertisers. Flare recently partnered with Toyota Tsusho (Thailand) which is getting more massive to invest in verticals like smart living, aging society, and MaaS (Mobility as a Service). Flare says it will use the funds to strengthen product development and team structure, aiming to expand into another business leveraging touch points with auto drivers.