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TRACXN TOP BUSINESS MODELS REPORT
July 20, 2023
VIETNAM TECH
Vietnam Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Contents
Vietnam Tech Funding Overview 3
Top Funded Business Models 4
One Pagers 7
Appendix 32
2
Vietnam Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Funding in last 1 year
3
Pharmacy IT $51.5M
Brands Tech $35.0M
K-12 EdTech $21.1M
Electric Vehicles $11.0M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Goodwater Capital
Touchstone Partners
Golden Gate Ventures
3
3
2
Early
Stage
Jungle Ventures
ThinkZone
Do Ventures
3
3
2
Late
Stage
TV Tokyo Holdings 1
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Thuocsi
(2018, Ho Chi Minh City)
$51.5M - Series B
OnPoint
(2017, Ho Chi Minh City)
$35.0M - Series B
Edupia
(2017, Hanoi)
$14.0M - Series A
Timo
(2015, Ho Chi Minh City)
$10.0M - Series B
Medici
(undefined, Hanoi)
$8.5M - Series A
Dat Bike
(2018, Thu Dau Mot)
$8.0M - Series B
Boxme
(2015, Hanoi)
$6.4M - Series A
VUIAPP
(2020, Hanoi)
$6.4M - Seed
Marathon Education
(2021, Ho Chi Minh City)
$5.1M - Seed
Gimo
(2019, Hanoi)
$5.1M - Series A
Fundiin
(2018, Ho Chi Minh City)
$5.0M - Series A
Cooky
(2015, Ho Chi Minh City)
$4.5M - Series A
Ho Chi Minh City (68%)
Hanoi (27%)
Thu Dau Mot (4%)
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Vietnam Tech - Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲23 Pharmacy Supply Chain Management $51.5M 1 Thuocsi | $51.5M | Series B Link
2▲8 Brand E-Commerce Enabler $35.0M 1 OnPoint | $35.0M | Series B Link
3▲21 Online English Tutoring for Kids $14.0M 1 Edupia | $14.0M | Series A Link
4-- On Demand Payroll $11.5M 2 VUIAPP | $6.4M | Seed Link
5▲9 Retail Challenger Bank $10.0M 1 Timo | $10.0M | Series B Link
6▲7 Healthcare Booking Platforms $8.5M 1 Medici | $8.5M | Series A Link
7-- Electric Motorcycle Manufacturers $8.0M 1 Dat Bike | $8.0M | Series B Link
8-- Own Fleet Delivery Services $6.4M 1 Boxme | $6.4M | Series A Link
9-- Online K-12 Tutoring $5.1M 1 Marathon Education | $5.1M | Seed Link
10-- Online POS Financing Marketplaces $5.0M 1 Fundiin | $5.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Vietnam Tech - Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11-- Recipe Discovery Platforms $4.5M 1 Cooky | $4.5M | Series A Link
12-- Electric 3 wheeler Cargo Manufacturers $3.0M 1 Selex | $3.0M | Seed Link
13-- Cryptocurrency Exchanges $2.5M 1 AshSwap | $2.5M | Seed Link
14-- Internet First Men Casual Apparel Brands $2.3M 1 CoolMate | $2.3M | Series A Link
15-- K-12 Online Academic Courses $2.0M 1 Vuihoc.vn | $2.0M | Seed Link
16-- Audiobook Platforms $1.8M 1 Fonos | $1.8M | Seed Link
17-- Job Matching Platforms $1.4M 1 JobHopin | $1.4M | Series A Link
18-- B2B Grocery Marketplaces $1.0M 1 ODA | $1.0M | Seed Link
19-- Online Fashion Communities $450K 1 SSSmarket | $450K | Seed Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Vietnam Tech - Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Vietnam Tech - Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Vietnam Tech - Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Pharmacy Supply Chain Management -
Vietnam
01
9
Back to index
Pharmacy IT (Medlink)
(# Cos: 8 | $63.6M)
Supply Chain Management (Thuocsi)
(# Cos: 1 | $63.5M)
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$51.5M (▲472%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$63.5M
1
-
1
1
Thuocsi
(2018, Ho Chi Minh City, $63.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Thuocsi (2018, Ho Chi Minh City)
$51.5M - Series B - Feb 2023
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Brand E-Commerce Enabler - Vietnam
02
10
Back to index
Brands Tech (Ecomobi)
(# Cos: 4 | $93.0M)
ECommerce Software (OnPoint)
(# Cos: 2 | $93.0M)
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$35.0M (▼30%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$93.0M
1
-
2
1
OnPoint
(2017, Ho Chi Minh City, $93.0M)
ADVO
(2019, Ho Chi Minh City)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
OnPoint (2017, Ho Chi Minh City)
$35.0M - Series B - Aug 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Online English Tutoring for Kids -
Vietnam
03
11
Back to index
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$14.0M (▲75%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$27.5M
3
-
10
1
K-12 EdTech (Marathon Education)
(# Cos: 164 | $56.6M)
B2C Learning Solutions (Vuihoc.vn)
(# Cos: 100 | $36.6M)
Language Learning (Monkey Junior)
(# Cos: 28 | $27.5M)
English (DinoEnglish)
(# Cos: 26 | $27.5M)
Online Tutoring (Edupia)
(# Cos: 10 | $27.5M)
Edupia
(2017, Hanoi, $24.0M)
Future Lang
(undefined, Ha Dong)
KIDTOPI
(2018, Hanoi, $3.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Edupia (2017, Hanoi)
$14.0M - Series A - Sep 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
On Demand Payroll - Vietnam
04
12
Back to index
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$11.5M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$16.5M
2
-
2
1
Alternative Lending (OnCredit)
(# Cos: 65 | $26.8M)
Online Lenders (FE Credit)
(# Cos: 46 | $26.8M)
Consumer Loans (Fundiin)
(# Cos: 35 | $26.8M)
Payday Loans (Interloan)
(# Cos: 6 | $17.0M)
Through Employer (VUIAPP)
(# Cos: 5 | $17.0M)
On Demand Pay (Gimo)
(# Cos: 2 | $16.5M)
Gimo
(2019, Hanoi, $7.0M)
VUIAPP
(2020, Hanoi, $9.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
VUIAPP (2020, Hanoi)
$6.4M - Seed - Aug 2022
Gimo (2019, Hanoi)
$5.1M - Series A - Jan 2023
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Retail Challenger Bank - Vietnam
05
13
Back to index
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$10.0M (▼50%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$30.0M
1
-
3
1
Banking Tech (VNLIFE)
(# Cos: 21 | $580M)
Internet First Banks (Cake by VPBank)
(# Cos: 6 | $30.0M)
Through Bank Partnerships (TNEX)
(# Cos: 3 | $30.0M)
Retail Banking (Timo)
(# Cos: 3 | $30.0M)
Timo
(2015, Ho Chi Minh City, $30.0M)
TNEX
(2019, Hanoi)
LienVietPostBank Mobil..
(undefined, Hanoi)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Timo (2015, Ho Chi Minh City)
$10.0M - Series B - Jul 2023
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Healthcare Booking Platforms - Vietnam
06
14
Back to index
Healthcare Booking Platforms (Medigo)
(# Cos: 80 | $48.4M)
Diversified (Medici)
(# Cos: 15 | $43.4M)
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$8.5M (▼65.3%)
1(▼75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$43.4M
5
-
15
1
Medici
(undefined, Hanoi, $8.5M)
Med247
(2019, Hanoi, $4.5M)
Jio Health
(2011, Ho Chi Minh City, $30.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Medici (Hanoi)
$8.5M - Series A - Aug 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Dat Bike (2018, Thu Dau Mot)
$8.0M - Series B - Nov 2022
Electric Motorcycle Manufacturers -
Vietnam
07
15
Back to index
Electric Vehicles (ChargeNow)
(# Cos: 6 | $21.6M)
Automaker (Selex)
(# Cos: 2 | $21.6M)
Motorcycles (Dat Bike)
(# Cos: 1 | $16.5M)
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$8.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$16.5M
1
-
1
1
Dat Bike
(2018, Thu Dau Mot, $16.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Own Fleet Delivery Services - Vietnam
08
16
Back to index
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$6.4M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$6.4M
2
-
6
0
Logistics Tech (LOGIVAN)
(# Cos: 174 | $28.8M)
Ecommerce Logistics (Giaohangtietkiem.vn)
(# Cos: 75 | $6.4M)
End to End Delivery Services (Boxme)
(# Cos: 7 | $6.4M)
Own Fleet (GHN)
(# Cos: 6 | $6.4M)
GHN
(2012, Ho Chi Minh City)
Boxme
(2015, Hanoi, $6.4M)
Gido
(2017, Ho Chi Minh City)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Boxme (2015, Hanoi)
$6.4M - Series A - Aug 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Online K-12 Tutoring - Vietnam
09
17
Back to index
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$5.1M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$6.6M
1
-
4
0
K-12 EdTech (Edupia)
(# Cos: 164 | $56.6M)
B2C Learning Solutions (Vuihoc.vn)
(# Cos: 100 | $36.6M)
Diversified (AloWings)
(# Cos: 13 | $6.6M)
Online Tutoring (Marathon
Education)
(# Cos: 4 | $6.6M)
Marathon Education
(2021, Ho Chi Minh City, $6.6M)
TutorU
(2020, Ho Chi Minh City)
LHP E - Learning
(undefined, Hanoi)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Marathon E.. (2021, Ho Chi Minh City)
$5.1M - Seed - Oct 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Online POS Financing Marketplaces -
Vietnam
10
18
Back to index
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$5.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$6.8M
1
-
1
0
Alternative Lending (FE Credit)
(# Cos: 65 | $26.8M)
Online Lenders (VUIAPP)
(# Cos: 46 | $26.8M)
Consumer Loans (Gimo)
(# Cos: 35 | $26.8M)
Marketplace (Fundiin)
(# Cos: 1 | $6.8M)
Fundiin
(2018, Ho Chi Minh City, $6.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fundiin (2018, Ho Chi Minh City)
$5.0M - Series A - Oct 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Recipe Discovery Platforms - Vietnam
11
19
Back to index
Food Tech (Foody)
(# Cos: 86 | $10.0M)
Recipe Discovery (Cooky)
(# Cos: 14 | $5.5M)
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$4.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$5.5M
1
-
14
0
Cooky
(2015, Ho Chi Minh City, $5.5M)
365 DELICIOUS Dishes E..
(2019, Tan Binh)
day nau an ngon
(2015, Ho Chi Minh City)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cooky (2015, Ho Chi Minh City)
$4.5M - Series A - Nov 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Selex (2018, Hanoi)
$3.0M - Seed - Apr 2023
Electric 3 wheeler Cargo Manufacturers -
Vietnam
12
20
Back to index
Electric Vehicles (ChargeNow)
(# Cos: 6 | $21.6M)
Automaker (Dat Bike)
(# Cos: 2 | $21.6M)
Three Wheelers (Selex)
(# Cos: 1 | $5.1M)
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$3.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$5.1M
1
-
1
0
Selex
(2018, Hanoi, $5.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Cryptocurrency Exchanges - Vietnam
13
21
Back to index
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$2.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$2.5M
2
-
30
0
Cryptocurrencies (Rikkei Finance)
(# Cos: 95 | $19.4M)
Financial Services (Coin98)
(# Cos: 74 | $19.4M)
Investment Industry (Minswap)
(# Cos: 52 | $2.5M)
Crypto Exchanges (AshSwap)
(# Cos: 30 | $2.5M)
AshSwap
(2021, Ho Chi Minh City, $2.5M)
Minswap
(2021, Bac Ninh)
Bitcoin Vietnam
(2013, Ho Chi Minh City)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AshSwap (2021, Ho Chi Minh City)
$2.5M - Seed - Oct 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Internet First Men Casual Apparel
Brands - Vietnam
14
22
Back to index
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$2.3M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.8M
1
-
2
0
Fashion Tech (SSSmarket)
(# Cos: 114 | $7.3M)
B2C Commerce (MEAN BLVD)
(# Cos: 104 | $6.8M)
Apparel (Rita Phil)
(# Cos: 31 | $4.8M)
Casual Wear (Canifa)
(# Cos: 21 | $4.8M)
Multi Category (Zanado Thời Trang)
(# Cos: 21 | $4.8M)
Men (Heis.vn)
(# Cos: 4 | $4.8M)
Internet First Brand (CoolMate)
(# Cos: 2 | $4.8M)
CoolMate
(2018, Hanoi, $4.8M)
Heis.vn
(undefined, Ho Chi Minh City)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CoolMate (2018, Hanoi)
$2.3M - Series A - Sep 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
K-12 Online Academic Courses - Vietnam
15
23
Back to index
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$2.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$2.0M
3
-
22
0
K-12 EdTech (Marathon Education)
(# Cos: 164 | $56.6M)
B2C Learning Solutions (Edupia)
(# Cos: 100 | $36.6M)
School Curriculum (VietJack)
(# Cos: 54 | $2.5M)
Multi Subject (Hocmai)
(# Cos: 47 | $2.5M)
Online Courses (Vuihoc.vn)
(# Cos: 22 | $2.0M)
Vuihoc.vn
(undefined, Hanoi, $2.0M)
Hocmai
(2007, Hanoi)
VietJack
(2015, Hanoi)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Vuihoc.vn (Hanoi)
$2.0M - Seed - Aug 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Audiobook Platforms - Vietnam
16
24
Back to index
Book Tech (FAHASA)
(# Cos: 48 | $2.9M)
Audio Books (Fonos)
(# Cos: 5 | $2.9M)
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$1.8M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.9M
1
-
5
1
Fonos
(2019, Ho Chi Minh City, $2.9M)
SACHNOI.ASIA
(2017, Ho Chi Minh City)
Soundio
(2021, Ho Chi Minh City)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fonos (2019, Ho Chi Minh City)
$1.8M - Seed - Nov 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
JobHopin (2016, Ho Chi Minh City)
$1.4M - Series A - Sep 2022
Job Matching Platforms - Vietnam
17
25
Back to index
HRTech (Base)
(# Cos: 211 | $22.9M)
Job Board (Vietnam Works)
(# Cos: 99 | $3.8M)
Job Matching (JobHopin)
(# Cos: 4 | $3.8M)
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$1.4M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$3.8M
1
-
4
1
JobHopin
(2016, Ho Chi Minh City, $3.8M)
JOBIGO
(undefined, Ho Chi Minh City)
CxO Search
(2017, Ho Chi Minh City)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
B2B Grocery Marketplaces - Vietnam
18
26
Back to index
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$1.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.0M
1
-
2
0
B2B E-Commerce (Aemi)
(# Cos: 53 | $41.1M)
Food & Beverages (Kamereo)
(# Cos: 9 | $32.6M)
Groceries (Telio)
(# Cos: 5 | $32.6M)
Multi Category (Aimuatuiban)
(# Cos: 2 | $1.0M)
Marketplace (ODA)
(# Cos: 2 | $1.0M)
ODA
(2019, Ho Chi Minh City, $1.0M)
Aimuatuiban
(undefined, Ho Chi Minh City)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ODA (2019, Ho Chi Minh City)
$1.0M - Seed - Dec 2022
Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Vietnam Tech - Top Business Models Report
Recent Funding Rounds
Online Fashion Communities - Vietnam
19
27
Back to index
Fashion Tech (CoolMate)
(# Cos: 114 | $7.3M)
Community (SSSmarket)
(# Cos: 2 | $450K)
Taxonomy
$ Invested in last 1 year in Vietnam
Tech
Key Stats
# Funding Rounds in last 1 year in
Vietnam Tech
$450K ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$450K
1
-
2
0
SSSmarket
(2020, Ho Chi Minh City, $450K)
Memeapp
(2014, Ho Chi Minh City)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SSSmarket (2020, Ho Chi Minh City)
$450K - Seed - Aug 2022
Vietnam Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
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Tracxn - Top Business Models in Vietnam Tech - 20 Jul 2023

  • 1. TRACXN TOP BUSINESS MODELS REPORT July 20, 2023 VIETNAM TECH
  • 2. Vietnam Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Contents Vietnam Tech Funding Overview 3 Top Funded Business Models 4 One Pagers 7 Appendix 32 2
  • 3. Vietnam Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Funding in last 1 year 3 Pharmacy IT $51.5M Brands Tech $35.0M K-12 EdTech $21.1M Electric Vehicles $11.0M Y-o-Y Funding Top Investors by Funding Rounds Seed Stage Goodwater Capital Touchstone Partners Golden Gate Ventures 3 3 2 Early Stage Jungle Ventures ThinkZone Do Ventures 3 3 2 Late Stage TV Tokyo Holdings 1 Funding by Geography Top Feeds by $ Funding Top Funding Rounds $ Funding # Rounds Thuocsi (2018, Ho Chi Minh City) $51.5M - Series B OnPoint (2017, Ho Chi Minh City) $35.0M - Series B Edupia (2017, Hanoi) $14.0M - Series A Timo (2015, Ho Chi Minh City) $10.0M - Series B Medici (undefined, Hanoi) $8.5M - Series A Dat Bike (2018, Thu Dau Mot) $8.0M - Series B Boxme (2015, Hanoi) $6.4M - Series A VUIAPP (2020, Hanoi) $6.4M - Seed Marathon Education (2021, Ho Chi Minh City) $5.1M - Seed Gimo (2019, Hanoi) $5.1M - Series A Fundiin (2018, Ho Chi Minh City) $5.0M - Series A Cooky (2015, Ho Chi Minh City) $4.5M - Series A Ho Chi Minh City (68%) Hanoi (27%) Thu Dau Mot (4%)
  • 4. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Vietnam Tech - Top Funded Business Models - last 1 year (1/5) 4 Rank Business Model $ Funding # Rounds Top Funding Round Details 1▲23 Pharmacy Supply Chain Management $51.5M 1 Thuocsi | $51.5M | Series B Link 2▲8 Brand E-Commerce Enabler $35.0M 1 OnPoint | $35.0M | Series B Link 3▲21 Online English Tutoring for Kids $14.0M 1 Edupia | $14.0M | Series A Link 4-- On Demand Payroll $11.5M 2 VUIAPP | $6.4M | Seed Link 5▲9 Retail Challenger Bank $10.0M 1 Timo | $10.0M | Series B Link 6▲7 Healthcare Booking Platforms $8.5M 1 Medici | $8.5M | Series A Link 7-- Electric Motorcycle Manufacturers $8.0M 1 Dat Bike | $8.0M | Series B Link 8-- Own Fleet Delivery Services $6.4M 1 Boxme | $6.4M | Series A Link 9-- Online K-12 Tutoring $5.1M 1 Marathon Education | $5.1M | Seed Link 10-- Online POS Financing Marketplaces $5.0M 1 Fundiin | $5.0M | Series A Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 5. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Vietnam Tech - Top Funded Business Models - last 1 year (2/5) 5 Rank Business Model $ Funding # Rounds Top Funding Round Details 11-- Recipe Discovery Platforms $4.5M 1 Cooky | $4.5M | Series A Link 12-- Electric 3 wheeler Cargo Manufacturers $3.0M 1 Selex | $3.0M | Seed Link 13-- Cryptocurrency Exchanges $2.5M 1 AshSwap | $2.5M | Seed Link 14-- Internet First Men Casual Apparel Brands $2.3M 1 CoolMate | $2.3M | Series A Link 15-- K-12 Online Academic Courses $2.0M 1 Vuihoc.vn | $2.0M | Seed Link 16-- Audiobook Platforms $1.8M 1 Fonos | $1.8M | Seed Link 17-- Job Matching Platforms $1.4M 1 JobHopin | $1.4M | Series A Link 18-- B2B Grocery Marketplaces $1.0M 1 ODA | $1.0M | Seed Link 19-- Online Fashion Communities $450K 1 SSSmarket | $450K | Seed Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 6. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Vietnam Tech - Top Funded Business Models - last 1 year (3/5) 6 Rank Business Model $ Funding # Rounds Top Funding Round Details * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 7. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Vietnam Tech - Top Funded Business Models - last 1 year (4/5) 7 Rank Business Model $ Funding # Rounds Top Funding Round Details * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 8. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Vietnam Tech - Top Funded Business Models - last 1 year (5/5) 8 Rank Business Model $ Funding # Rounds Top Funding Round Details * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 9. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Pharmacy Supply Chain Management - Vietnam 01 9 Back to index Pharmacy IT (Medlink) (# Cos: 8 | $63.6M) Supply Chain Management (Thuocsi) (# Cos: 1 | $63.5M) Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $51.5M (▲472%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $63.5M 1 - 1 1 Thuocsi (2018, Ho Chi Minh City, $63.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Thuocsi (2018, Ho Chi Minh City) $51.5M - Series B - Feb 2023
  • 10. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Brand E-Commerce Enabler - Vietnam 02 10 Back to index Brands Tech (Ecomobi) (# Cos: 4 | $93.0M) ECommerce Software (OnPoint) (# Cos: 2 | $93.0M) Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $35.0M (▼30%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $93.0M 1 - 2 1 OnPoint (2017, Ho Chi Minh City, $93.0M) ADVO (2019, Ho Chi Minh City) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. OnPoint (2017, Ho Chi Minh City) $35.0M - Series B - Aug 2022
  • 11. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Online English Tutoring for Kids - Vietnam 03 11 Back to index Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $14.0M (▲75%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $27.5M 3 - 10 1 K-12 EdTech (Marathon Education) (# Cos: 164 | $56.6M) B2C Learning Solutions (Vuihoc.vn) (# Cos: 100 | $36.6M) Language Learning (Monkey Junior) (# Cos: 28 | $27.5M) English (DinoEnglish) (# Cos: 26 | $27.5M) Online Tutoring (Edupia) (# Cos: 10 | $27.5M) Edupia (2017, Hanoi, $24.0M) Future Lang (undefined, Ha Dong) KIDTOPI (2018, Hanoi, $3.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Edupia (2017, Hanoi) $14.0M - Series A - Sep 2022
  • 12. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds On Demand Payroll - Vietnam 04 12 Back to index Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $11.5M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $16.5M 2 - 2 1 Alternative Lending (OnCredit) (# Cos: 65 | $26.8M) Online Lenders (FE Credit) (# Cos: 46 | $26.8M) Consumer Loans (Fundiin) (# Cos: 35 | $26.8M) Payday Loans (Interloan) (# Cos: 6 | $17.0M) Through Employer (VUIAPP) (# Cos: 5 | $17.0M) On Demand Pay (Gimo) (# Cos: 2 | $16.5M) Gimo (2019, Hanoi, $7.0M) VUIAPP (2020, Hanoi, $9.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. VUIAPP (2020, Hanoi) $6.4M - Seed - Aug 2022 Gimo (2019, Hanoi) $5.1M - Series A - Jan 2023
  • 13. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Retail Challenger Bank - Vietnam 05 13 Back to index Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $10.0M (▼50%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $30.0M 1 - 3 1 Banking Tech (VNLIFE) (# Cos: 21 | $580M) Internet First Banks (Cake by VPBank) (# Cos: 6 | $30.0M) Through Bank Partnerships (TNEX) (# Cos: 3 | $30.0M) Retail Banking (Timo) (# Cos: 3 | $30.0M) Timo (2015, Ho Chi Minh City, $30.0M) TNEX (2019, Hanoi) LienVietPostBank Mobil.. (undefined, Hanoi) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Timo (2015, Ho Chi Minh City) $10.0M - Series B - Jul 2023
  • 14. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Healthcare Booking Platforms - Vietnam 06 14 Back to index Healthcare Booking Platforms (Medigo) (# Cos: 80 | $48.4M) Diversified (Medici) (# Cos: 15 | $43.4M) Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $8.5M (▼65.3%) 1(▼75%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $43.4M 5 - 15 1 Medici (undefined, Hanoi, $8.5M) Med247 (2019, Hanoi, $4.5M) Jio Health (2011, Ho Chi Minh City, $30.4M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Medici (Hanoi) $8.5M - Series A - Aug 2022
  • 15. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Dat Bike (2018, Thu Dau Mot) $8.0M - Series B - Nov 2022 Electric Motorcycle Manufacturers - Vietnam 07 15 Back to index Electric Vehicles (ChargeNow) (# Cos: 6 | $21.6M) Automaker (Selex) (# Cos: 2 | $21.6M) Motorcycles (Dat Bike) (# Cos: 1 | $16.5M) Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $8.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $16.5M 1 - 1 1 Dat Bike (2018, Thu Dau Mot, $16.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 16. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Own Fleet Delivery Services - Vietnam 08 16 Back to index Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $6.4M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $6.4M 2 - 6 0 Logistics Tech (LOGIVAN) (# Cos: 174 | $28.8M) Ecommerce Logistics (Giaohangtietkiem.vn) (# Cos: 75 | $6.4M) End to End Delivery Services (Boxme) (# Cos: 7 | $6.4M) Own Fleet (GHN) (# Cos: 6 | $6.4M) GHN (2012, Ho Chi Minh City) Boxme (2015, Hanoi, $6.4M) Gido (2017, Ho Chi Minh City) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Boxme (2015, Hanoi) $6.4M - Series A - Aug 2022
  • 17. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Online K-12 Tutoring - Vietnam 09 17 Back to index Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $5.1M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $6.6M 1 - 4 0 K-12 EdTech (Edupia) (# Cos: 164 | $56.6M) B2C Learning Solutions (Vuihoc.vn) (# Cos: 100 | $36.6M) Diversified (AloWings) (# Cos: 13 | $6.6M) Online Tutoring (Marathon Education) (# Cos: 4 | $6.6M) Marathon Education (2021, Ho Chi Minh City, $6.6M) TutorU (2020, Ho Chi Minh City) LHP E - Learning (undefined, Hanoi) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Marathon E.. (2021, Ho Chi Minh City) $5.1M - Seed - Oct 2022
  • 18. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Online POS Financing Marketplaces - Vietnam 10 18 Back to index Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $5.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $6.8M 1 - 1 0 Alternative Lending (FE Credit) (# Cos: 65 | $26.8M) Online Lenders (VUIAPP) (# Cos: 46 | $26.8M) Consumer Loans (Gimo) (# Cos: 35 | $26.8M) Marketplace (Fundiin) (# Cos: 1 | $6.8M) Fundiin (2018, Ho Chi Minh City, $6.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Fundiin (2018, Ho Chi Minh City) $5.0M - Series A - Oct 2022
  • 19. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Recipe Discovery Platforms - Vietnam 11 19 Back to index Food Tech (Foody) (# Cos: 86 | $10.0M) Recipe Discovery (Cooky) (# Cos: 14 | $5.5M) Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $4.5M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $5.5M 1 - 14 0 Cooky (2015, Ho Chi Minh City, $5.5M) 365 DELICIOUS Dishes E.. (2019, Tan Binh) day nau an ngon (2015, Ho Chi Minh City) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Cooky (2015, Ho Chi Minh City) $4.5M - Series A - Nov 2022
  • 20. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Selex (2018, Hanoi) $3.0M - Seed - Apr 2023 Electric 3 wheeler Cargo Manufacturers - Vietnam 12 20 Back to index Electric Vehicles (ChargeNow) (# Cos: 6 | $21.6M) Automaker (Dat Bike) (# Cos: 2 | $21.6M) Three Wheelers (Selex) (# Cos: 1 | $5.1M) Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $3.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $5.1M 1 - 1 0 Selex (2018, Hanoi, $5.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 21. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Cryptocurrency Exchanges - Vietnam 13 21 Back to index Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $2.5M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $2.5M 2 - 30 0 Cryptocurrencies (Rikkei Finance) (# Cos: 95 | $19.4M) Financial Services (Coin98) (# Cos: 74 | $19.4M) Investment Industry (Minswap) (# Cos: 52 | $2.5M) Crypto Exchanges (AshSwap) (# Cos: 30 | $2.5M) AshSwap (2021, Ho Chi Minh City, $2.5M) Minswap (2021, Bac Ninh) Bitcoin Vietnam (2013, Ho Chi Minh City) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. AshSwap (2021, Ho Chi Minh City) $2.5M - Seed - Oct 2022
  • 22. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Internet First Men Casual Apparel Brands - Vietnam 14 22 Back to index Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $2.3M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $4.8M 1 - 2 0 Fashion Tech (SSSmarket) (# Cos: 114 | $7.3M) B2C Commerce (MEAN BLVD) (# Cos: 104 | $6.8M) Apparel (Rita Phil) (# Cos: 31 | $4.8M) Casual Wear (Canifa) (# Cos: 21 | $4.8M) Multi Category (Zanado Thời Trang) (# Cos: 21 | $4.8M) Men (Heis.vn) (# Cos: 4 | $4.8M) Internet First Brand (CoolMate) (# Cos: 2 | $4.8M) CoolMate (2018, Hanoi, $4.8M) Heis.vn (undefined, Ho Chi Minh City) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. CoolMate (2018, Hanoi) $2.3M - Series A - Sep 2022
  • 23. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds K-12 Online Academic Courses - Vietnam 15 23 Back to index Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $2.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $2.0M 3 - 22 0 K-12 EdTech (Marathon Education) (# Cos: 164 | $56.6M) B2C Learning Solutions (Edupia) (# Cos: 100 | $36.6M) School Curriculum (VietJack) (# Cos: 54 | $2.5M) Multi Subject (Hocmai) (# Cos: 47 | $2.5M) Online Courses (Vuihoc.vn) (# Cos: 22 | $2.0M) Vuihoc.vn (undefined, Hanoi, $2.0M) Hocmai (2007, Hanoi) VietJack (2015, Hanoi) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Vuihoc.vn (Hanoi) $2.0M - Seed - Aug 2022
  • 24. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Audiobook Platforms - Vietnam 16 24 Back to index Book Tech (FAHASA) (# Cos: 48 | $2.9M) Audio Books (Fonos) (# Cos: 5 | $2.9M) Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $1.8M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $2.9M 1 - 5 1 Fonos (2019, Ho Chi Minh City, $2.9M) SACHNOI.ASIA (2017, Ho Chi Minh City) Soundio (2021, Ho Chi Minh City) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Fonos (2019, Ho Chi Minh City) $1.8M - Seed - Nov 2022
  • 25. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds JobHopin (2016, Ho Chi Minh City) $1.4M - Series A - Sep 2022 Job Matching Platforms - Vietnam 17 25 Back to index HRTech (Base) (# Cos: 211 | $22.9M) Job Board (Vietnam Works) (# Cos: 99 | $3.8M) Job Matching (JobHopin) (# Cos: 4 | $3.8M) Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $1.4M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $3.8M 1 - 4 1 JobHopin (2016, Ho Chi Minh City, $3.8M) JOBIGO (undefined, Ho Chi Minh City) CxO Search (2017, Ho Chi Minh City) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 26. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds B2B Grocery Marketplaces - Vietnam 18 26 Back to index Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $1.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $1.0M 1 - 2 0 B2B E-Commerce (Aemi) (# Cos: 53 | $41.1M) Food & Beverages (Kamereo) (# Cos: 9 | $32.6M) Groceries (Telio) (# Cos: 5 | $32.6M) Multi Category (Aimuatuiban) (# Cos: 2 | $1.0M) Marketplace (ODA) (# Cos: 2 | $1.0M) ODA (2019, Ho Chi Minh City, $1.0M) Aimuatuiban (undefined, Ho Chi Minh City) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. ODA (2019, Ho Chi Minh City) $1.0M - Seed - Dec 2022
  • 27. Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Vietnam Tech - Top Business Models Report Recent Funding Rounds Online Fashion Communities - Vietnam 19 27 Back to index Fashion Tech (CoolMate) (# Cos: 114 | $7.3M) Community (SSSmarket) (# Cos: 2 | $450K) Taxonomy $ Invested in last 1 year in Vietnam Tech Key Stats # Funding Rounds in last 1 year in Vietnam Tech $450K ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $450K 1 - 2 0 SSSmarket (2020, Ho Chi Minh City, $450K) Memeapp (2014, Ho Chi Minh City) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. SSSmarket (2020, Ho Chi Minh City) $450K - Seed - Aug 2022
  • 28. Vietnam Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Recent funding rounds Investment Trends Most Active Investors Top Funded Business Models Explore more on Tracxn All Tech Companies Vietnam Tech Companies Online Travel Companies Companies using AI in Healthcare Companies founded by Stanford GSB Alumni Soonicorn club in Fintech Analyst Picks in Vietnam Tech Key News in FinTech Events in United States Angel Investors in Vietnam Bluebox Companies Investment Activity Miscellaneous Company Detail Page of MoMo Competitors of Tiki Cap Table for TransferWise Financials for Ola Employee Count for Revolut Company Due Diligence Exits Public Companies Acquired Companies Most Active Acquirers Reports Delhivery - Company Report Novel Foods - Business Model Report HRTech - Feed Report FinTech - Top Business Models Report US Tech - Top Business Models Report US Tech - Monthly Report 28
  • 29. Vietnam Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved. Explore other Reports on Tracxn HRTech InsurTech Food Tech Novel Foods Blockchain Network P2P Remittance Business Model Reports Consumer Digital - Vietnam Enterprise Tech - Vietnam FinTech - Vietnam Feed Geo Reports Company Reports Monthly Unicorn Report Unicorn Reports Transferwise Coursera BigBasket Feed Reports Top Business Models in PA FinTech Enterprise Applications Artificial Intelligence Geo Monthly Reports US Tech Europe Tech China Tech Top Business Models in Geo India Tech Israel Tech UK & Ireland Tech 29
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