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Amity Corporation
Amity builds software that helps companies and universities build private social networks and online communities.
Amity is a software company that sells the building blocks for online communities. Its customers are businesses, universities, and other organizations that want their own social network or community app — not a page on Facebook or a channel on Slack, but a place they own and control. Amity provides the underlying technology: feeds, chat, profiles, notifications, moderation tools, and search. Customers then use that toolkit to build their own branded apps and websites where their members, students, or customers can talk to each other.
The business earns money by licensing this technology, mostly through subscription-style contracts paid by the organization running the community, not by the end users. That model matters because the customer is usually a large organization with a real budget — a university wanting a campus social app, a sports league wanting a fan community, or a brand wanting a place for its most loyal customers. Amity's pitch is that building all this from scratch is expensive and slow, so it is cheaper to rent a proven engine and focus on the community itself. Amity also sells a related product for connecting people one-on-one: software for messaging and chat features that companies can plug into their own apps. The competitive landscape is broad. Amity competes with do-it-yourself approaches built on general cloud infrastructure from Amazon or Microsoft, and with other community and messaging software vendors, so customers can always choose to build rather than buy. That keeps the market honest and puts pressure on Amity to keep its product genuinely easier and faster than the alternative.
The company is privately held, founded in 2020 and headquartered in San Mateo, California, and it has raised venture funding rather than selling shares to the public. Because it is private, detailed revenue and spending figures are not public, so its finances should be treated as uncertain rather than assumed strong. The clear strategic bet is that every organization eventually wants its own community, and the winners will be the ones that make building one feel less like a giant engineering project and more like flipping a switch.
Saved answer · last researched 4 Nov 2026
Timeline
A Dropout Starts Eko
Korawad Chearavanont dropped out of a US university and, with a friend, started a small company called Eko, building a chat app for businesses. Early on, the founders doubted the whole thing and nearly quit, until they decided to stop chasing big ideas and just focus on making money and surviving. It was a scrappy start that most people would have bet against, but it quietly became the seed for Amity, an enterprise software and AI group.
Eko Becomes Amity
The startup renamed itself Amity after buying Convolab, a Thai company that built chatbots. It paid with a mix of cash and shares, and the deal brought in both new technology and new customers. A chat app company was slowly turning into something bigger.
A Thai Company on a European List
That same year, Amity was the only Thai tech company to make the Financial Times list of the thousand fastest-growing companies in Europe, landing in the top 150. It was an early sign that a company born in Thailand could grow fast far from home.
Amity Solutions Spins Out
Amity split into two parts: Amity Solutions, which took the existing software products and aimed them at Generative AI, and Amity Corporation, which stayed the parent and chased other GenAI opportunities. The spin-out was groundwork for a planned listing on the Thai stock market, so the AI business could stand on its own.
Amity Buys Tollring
Amity bought Tollring, a UK company that analyzes phone calls, and plugged its AI tools into Tollring's voice analytics software. The fit showed quickly: about a fifth of Tollring's recurring revenue now came from AI solutions Amity helped build.
A Sixty Million Dollar Round
Amity Solutions and its parent raised a Series C round of 60 million dollars. The money went to two things: research and development in Generative AI, and buying more software companies to bolt AI onto.
A Hundred Million for AI
Amity raised a 100 million dollar Series D round, one of the region's biggest GenAI deals. By then it was bringing in 100 million dollars a year in revenue, more than three quarters of it from Europe, and it aimed to double that while preparing a stock market listing by 2027.
Singapore Hub and Krungsri Backing
Amity set up its Southeast Asian headquarters and an AI research center in Singapore to build AI models for specific industries. Krungsri Finnovate added a strategic investment that pushed the Series D past 100 million dollars, money meant for expansion and the eventual IPO.