Supply Chain

Tire marketplace WYZAuto raises $2.25M led by Vynn Capital

April 9, 2024

Got (car) issues? Here’s Thailand’s WYZAuto. They’re a one-stop marketplace for tires, and they’ve just raised a $2.25M Pre-Series A!

  • Launched in 2021 in Thailand, they expanded to Malaysia in 2023.
  • Almost 3,000 vehicle service centers have downloaded the platform, generating over $1.6M in GMV monthly.

Investor check. Vynn Capital led the round. Vincent Lee, Oak Drive Ventures, Kaya Founders, and other investors also joined in!

  • Vynn Capital and Vincent Lee are investors in Malaysian auto unicorn, Carsome.

🛞 How it works

They claim to have the widest selection of tires in the country for both two and four-wheelers. And their marketplace is a win-win for their customers and their suppliers.

For customers. Repair shops and maintenance networks can quickly and easily get the tires they need, whether it is for two-wheelers or four-wheelers.

  • They’ve got a selection of the top brands and claim to have the country’s largest tire stock.

For suppliers. Tire brands and wholesalers can easily grow their online presence and reach new customers.

🏎️ What’s next?

They plan to expand to offer other vehicle parts soon, with the goal to streamlining the entire vehicle supply chain.

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