Thai's Horganice raises funds led by Beacon VC

Leading Thai rental properties management platform, Horganice, has received financial help from the corporate investment leg of Kasikornbank, Beacon Venture Capital (Beacon VC).

The funding will enable Horganice to accelerate customer acquisition as well as adding new services to digitise rental properties, propelling Thailand into a digital era, according to Beacon.

Thanapong Na Ranong, managing director of Beacon VC, announced that the seed-financing investment on Tuesday. Horganice is a startup that provides rental properties management technology for apartments, dormitories and markets. The investment sum was not disclosed. 

Beacon VC’s investment provides an opportunity for Horganice to build technical capability as well as to collaborate with KBank in order to acquire new customers and leverage innovative financial services. Those services, such as payment systems, can “provide fast, efficient, and convenient product offerings to Horganice’s customers, especially those outside of Bangkok which are Horganice’s target market,” said Thanapong in a release.

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