500 Labs

500 Global, formerly known as 500 Startups, is a venture capital firm and incubator based in Mountain View, California, founded in 2010. The firm specializes in seed investments, primarily focusing on early-stage technology and financial services startups across various sectors, including biotech, e-commerce, fintech, and digital healthcare. 500 Global operates a four-month accelerator program, where it typically invests between $0.05 million and $1 million for a 5 to 10 percent equity stake in companies with at least $100,000 in monthly revenue. The firm targets a global market, with particular emphasis on regions such as the Middle East, Asia, Europe, and Latin America. Since its inception, it has invested in over 2,200 startups and supports the growth of innovation ecosystems through educational programs and partnerships. 500 Global also prioritizes investments in companies led by minority founders, reflecting its commitment to diverse entrepreneurial leadership.

Amjad Ahmad

General Partner

Chandini Ammineni

Partner

André Marcel Bally

Investor Relations Associate

Timothy Chae

Managing Partner

Amal Enan

Partner

Max Fram-Schwartz

Venture Partner

Christine Herron

Advisor

Twwo Pun Jaruthassanakul

Investment Associate

Yolanda Kim

Principal

Matt Lerner

Partner

Jon Li

Director, Investor Relations

Jasmine Liew

Investment Manager

Robert Neivert

Venture Partner

Khailee Ng

Managing Partner

Krating Poonpol Ph.D

Partner

Ruangroj Poonpol

Venture Partner

Natavudh Pungcharoenpong

Partner

Mameaw Sapprasert

Partner

Reena Sharma

Investor Relations Associate

Mike Sigal

Partner, FinTech

Sanjay Singhal

Partner, Canada

Tanya Soman

Venture Partner

Paulina Szyrmer

Head of Global Education

Pat Naranpat Thitipattakul

Investor

Christine Tsai

Co-Founder, Partner & Chief Executive Officer

Tony Wang

Managing Partner

Bedy Yang

Managing Partner

Paul Yoo

Chief Financial Officer

Past deals in Vietnam

Shoppa

Seed Round in 2021
Shoppa is a digital supermarket that connects consumers to farms and other suppliers.

Axie Infinity

Series A in 2021
Axie Infinity is a game about collecting and raising fantasy creatures called Axie, on the Ethereum platform. Besides collecting and raising, you can make a team of Axies to battle in the arena. You can also buy, sell, and trade Axies with others on the marketplace.

Kilo

Seed Round in 2021
Kilo develops a retail platform that provides retailers access to price, assortment, and inventory management. The platform is designed specifically to serve small and medium-sized retailers. The Kilo network effect creates a virtuous growth cycle for both supply and demand.

Whitemark

Seed Round in 2020
Whitemark is a real estate company operating on a high-tech platform. Their focus is on high-end residential, penthouses, villas, and resort projects in Vietnam and Southeast Asia.

Kilo

Seed Round in 2020
Kilo develops a retail platform that provides retailers access to price, assortment, and inventory management. The platform is designed specifically to serve small and medium-sized retailers. The Kilo network effect creates a virtuous growth cycle for both supply and demand.

Wecare247

Seed Round in 2020
Wecare247 develops a technology platform designed to provide medical care services to customers at home and hospital. The company was founded in 2017 and is headquartered in Ho Chi Minh City.

OkieLa

Seed Round in 2020
OkieLa is a developer of an online mobile application intended to to connect and learn to help users grow their businesses. The company's application provides shopping and selling on mobile and creates connection between the buyer and seller, enabling users to optimize what to do so they can focus more on their business.

Bizzi

Seed Round in 2020
Bizzi Vietnam Co., Ltd, founded in 2019 and based in Ho Chi Minh City, Vietnam, specializes in accounting automation through its innovative platform powered by robotic process automation (RPA) technology. The company's solutions are designed to streamline and digitize various financial operations for businesses, including bill payments, receipt scanning, compliance management, and bookkeeping. By leveraging RPA, Bizzi aims to enhance efficiency and accuracy in financial processes, thereby supporting accountants and organizations in managing their financial tasks more effectively.

Bizzi

Seed Round in 2020
Bizzi Vietnam Co., Ltd, founded in 2019 and based in Ho Chi Minh City, Vietnam, specializes in accounting automation through its innovative platform powered by robotic process automation (RPA) technology. The company's solutions are designed to streamline and digitize various financial operations for businesses, including bill payments, receipt scanning, compliance management, and bookkeeping. By leveraging RPA, Bizzi aims to enhance efficiency and accuracy in financial processes, thereby supporting accountants and organizations in managing their financial tasks more effectively.

WeWe Technology JSC

Seed Round in 2020
WeWe Technology Joint Stock Company develops an audiobook and podcast platform. The company offers a mobile application, Voiz FM, which provides access to learning and entertainment audio content and artificial intelligence (AI) based suggestions. It also develops audio book applications. The company was incorporated in 2018 and is based in Ho Chi Minh City, Vietnam.

Gili

Seed Round in 2020
Gili is an online retail platform specializing in footwear and a range of fashion apparel for men and women. It provides customers with access to clothing, bags, and accessories at wholesale prices, sourcing products directly from major factories across Asia. By focusing on e-commerce, Gili aims to deliver a diverse selection of quality apparel while ensuring affordability for its customers.

Coolmate

Seed Round in 2020
Coolmate is an online shopping platform based in Hanoi, Vietnam, that focuses on providing a comprehensive shopping experience for male customers. The platform allows users to order up to ten items, including t-shirts, underwear, shorts, socks, and various accessories, all for under $20. Coolmate specializes in the design and production processes, encompassing weaving, dyeing, cutting, and finishing, to deliver fashionable and trendy clothing options at affordable prices. By catering specifically to the needs of men, Coolmate aims to enhance their style while maintaining cost-effectiveness.

YouHomes

Seed Round in 2019
You Homes is a reliable platform that operates in the field of real estate. It promotes transparent transactions by excluding brokers but matching genuine hosts with the most suitable demands and accommodating their negotiation. YouHomes focuses on addressing the emerging issues of the housing market today, such as supporting the verification of real estate information, protecting customers' personal information, increasing transparency in transactions based on Modern technology platform, dedicated and thoughtful service staff; thereby contributing to accelerate the speed and efficiency of transactions, helping customers save time, effort and money.

Sky Mavis

Seed Round in 2019
Sky Mavis is a technology company that specializes in developing decentralized applications and services, primarily focusing on the gaming sector. As a blockchain studio, it creates virtual worlds that feature player-owned economies, allowing gamers to engage in trading digital assets. Through its innovative approach, Sky Mavis empowers players by providing them with economic freedom, enabling the buying and selling of collectibles within these digital environments. The company's commitment to building practical applications and interactive experiences positions it as a significant player in the intersection of gaming and blockchain technology.

Axie Infinity

Seed Round in 2019
Axie Infinity is a game about collecting and raising fantasy creatures called Axie, on the Ethereum platform. Besides collecting and raising, you can make a team of Axies to battle in the arena. You can also buy, sell, and trade Axies with others on the marketplace.

Cricket One Asia

Seed Round in 2019
Cricket One Inc. produces cricket protein powder. It provides a cricket meal for humans and animals. The company environment monitoring and control system technology to manage and achieve protein in finished products. It also provides sausages and mayonnaise made with cricket powder in Vietnam, Russia, Korea. The company sold its cricket powder to bakeries and chip makers in the United States and Europe. Cricket One Inc. was founded in 2017 and is headquartered in Ho Chi Minh City, Vietnam.

Pique

Seed Round in 2019
Pique helps turn visitors into customers, with an AI recommendation engine proven to turbocharge ecommerce growth. Pique helps medium-sized businesses turn even first-time web visitors into paying customers, with little to no historical data. With industry-leading AI tuned for your customers and a dynamic data scientist team, Pique has grown ecommerce revenue up to 50%. Our research team consists of data-scientists with experience from Silicon Valley, Stanford University, and Cambridge University. We published a paper on recommendations that was recognized at RecSys 2017, the world’s most prestigious recommender system conference, featuring sponsors such as Amazon, Spotify, and Netflix among others.

Axie Infinity

Seed Round in 2019
Axie Infinity is a game about collecting and raising fantasy creatures called Axie, on the Ethereum platform. Besides collecting and raising, you can make a team of Axies to battle in the arena. You can also buy, sell, and trade Axies with others on the marketplace.

Trusting Social

Series A in 2019
Trusting Social Pte. Ltd. is a Singapore-based company that redefines credit scoring by leveraging big data technology alongside social, web, and mobile information. Established in 2013, it provides a solution known as Credit Scoring 2.0, which allows lenders in emerging markets to extend credit to consumers who lack traditional credit histories. This innovative approach targets billions of "financially invisible" individuals in countries such as Vietnam, Indonesia, and India. Trusting Social's scoring methodology has been demonstrated to be more accurate, faster, and cost-effective compared to conventional credit assessment methods. The company maintains additional offices in several key cities across Southeast Asia and India, reflecting its commitment to expanding access to financial services in underserved markets.

Mango Insurance

Seed Round in 2019
Mango Insurance is an insurance company in Vietnam.

Canal Circle

Seed Round in 2019
Canal Circle Vietnam Technologies Company Limited specializes in developing core banking software and solutions tailored for banking and microfinance institutions in Vietnam. Established in 2015 and headquartered in Hanoi, the company is dedicated to advancing digital transformation within the financial sector. Canal Circle offers a range of software products designed to enhance operational efficiency and client engagement. Notable solutions include Mini, which streamlines record-keeping and administrative tasks; CoreB, focused on financial accounting; and Tizo, an application that helps borrowers manage their loan information and repayment schedules. The company aims to empower low-income communities, including those in remote areas, by partnering with financial institutions to create customized technology solutions that provide access to essential products and services often overlooked by traditional providers.

Schola

Seed Round in 2019
Schola is an EduTech company focused on creating a vibrant community for teachers and students engaged in interactive learning experiences. With offices in Singapore and Vietnam, Schola's flagship product, Schola Kids, is a one-on-one online English learning platform tailored for non-native children. The platform delivers an American elementary school curriculum, where English is taught through STEAM subjects by qualified native instructors. Schola Kids emphasizes personalized and gamified learning journeys, ensuring that students find the process of learning English enjoyable and engaging. By combining interactive sessions and immersive classroom environments, Schola aims to enhance children's fluency in English while fostering a love for learning in various subjects.

Cricket One Asia

Seed Round in 2019
Cricket One Inc. produces cricket protein powder. It provides a cricket meal for humans and animals. The company environment monitoring and control system technology to manage and achieve protein in finished products. It also provides sausages and mayonnaise made with cricket powder in Vietnam, Russia, Korea. The company sold its cricket powder to bakeries and chip makers in the United States and Europe. Cricket One Inc. was founded in 2017 and is headquartered in Ho Chi Minh City, Vietnam.

EMQ

Venture Round in 2018
Headquartered in Hong Kong, EMQ is a financial technology startup that is building a financial network across Asia with a focus on remittance. With a footprint across Hong Kong, Taiwan, Indonesia, Vietnam and the Philippines, the company partners with financial institutions and other strategic partners in each country to enable and settle cross-border remittance via banks and various modes for top-up and cash pickup. The company received its Money Service Operator license from the Hong Kong Customs and Excise Department in September 2014 and its Fund Transfer Operator license from Bank Indonesia in March 2017.

iPrice Group

Corporate Round in 2018
iPrice Group Sdn Bhd operates an e-commerce platform. The company offers electronics, clothing, shoes, bags, watches, jeweler, kids and toys, sports and outdoors, and home and living products. The company also provides products in various categories, such as kitchen and dining, cooling, women’s ethnic wear, skin care, men’s sneakers, strollers and carriers, makeup, backpacks, women’s dresses, accessories, food supplements, hair care, smartphones, LED, cases and covers, men’s shoes, gadgets, women’s heels, sport, fashion watches, travel, headphones, bedroom, casual, beauty and health, medical equipment, and cycling products. It serves clients in Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Thailand, and Vietnam. The company was founded in 2014 and is headquartered in Kuala Lumpur, Malaysia.

Chopp

Seed Round in 2018
Chopp Company Limited operates as an on-demand grocery shopping and delivery service company in Vietnam. It offers delivery services for various products, such as beer, confectionery and snacks, bread, personal care products, coffee, nuts, breakfast, spices and cooking oil, noodles, and mother and baby products; vegetables and fruits, canned vegetables, frozen vegetables, alcohol, salads, meat and seafood, canned seafood meat, frozen seafood meat, and ham products; and dry fruits, desserts, eggs and milk, home tools, and drinks. The company was founded in 2015 and is based in Ho Chi Minh City, Vietnam.

Trusting Social

Seed Round in 2018
Trusting Social Pte. Ltd. is a Singapore-based company that redefines credit scoring by leveraging big data technology alongside social, web, and mobile information. Established in 2013, it provides a solution known as Credit Scoring 2.0, which allows lenders in emerging markets to extend credit to consumers who lack traditional credit histories. This innovative approach targets billions of "financially invisible" individuals in countries such as Vietnam, Indonesia, and India. Trusting Social's scoring methodology has been demonstrated to be more accurate, faster, and cost-effective compared to conventional credit assessment methods. The company maintains additional offices in several key cities across Southeast Asia and India, reflecting its commitment to expanding access to financial services in underserved markets.

Parcel Perform

Seed Round in 2018
Parcel Perform is the leading carrier-independent delivery experience platform for e-commerce merchants and their customers. Its software-as-a-service (SaaS) platform integrates with 600+ carriers worldwide and helps merchants to improve their delivery experience while developing efficient supply chains. Parcel Perform is SG:D-accredited and has offices in Singapore, Vietnam and Europe, serving leading enterprise brands worldwide. Its branded tracking pages and notifications, customer service and logistics performance tools are used by leading global brands, including Nespresso and Decathlon.

Saigoneer

Seed Round in 2017
Saigoneer Company Limited is a news and lifestyle platform based in Ho Chi Minh City, Vietnam, founded in 2012. It offers English-language content encompassing various categories, including news, society, art, culture, and food. The platform features articles on diverse topics, ranging from street food and gallery openings to the historical significance of colonial buildings. Additionally, Saigoneer encourages user engagement by allowing its community to share personal articles and photographs, fostering a collaborative environment for exploring and celebrating local culture.

Hiip

Seed Round in 2017
Hiip Company Limited is an automated influencer platform based in Ho Chi Minh City, Vietnam, with additional offices in Singapore, Bangkok, and Jakarta. Established in 2016, Hiip connects brands and advertisers with social influencers through a data-driven approach. The platform utilizes algorithms and social data to facilitate collaborations, helping businesses effectively reach their target customers and enhance brand reputation. By streamlining the process of influencer marketing, Hiip aims to support e-commerce and other companies in promoting their products and boosting sales. With its significant presence in Vietnam, Hiip has emerged as a leading player in the online advertising sector.

OkieLa

Seed Round in 2017
OkieLa is a developer of an online mobile application intended to to connect and learn to help users grow their businesses. The company's application provides shopping and selling on mobile and creates connection between the buyer and seller, enabling users to optimize what to do so they can focus more on their business.

SwipeRx

Series A in 2017
mClinica develops mobile platforms that strengthen the pharmaceutical supply chain, generate data, improve patient adherence to medication, and build the capacity of the pharmacy workforce. Since 2017, mClinica has connected 150,000 pharmacy professionals and 40,000 pharmacies through a single digital channel. Their users reach approximately 150 million patients each month. mClinica currently operates across Indonesia, Philippines, Vietnam, Cambodia, Thailand, Malaysia, and Singapore with capacity for expansion. Their team is composed of over 120 team members including experts in public health, data science, and pharmacy. mClinica is supported by impact investors like the Global Innovation Fund (backed by USAID, UKAID, DFAT, Swedish Government, and the Omidyar Network) and Patamar Capital (formerly Unitus Impact) as well as other investors from the US, Europe, and Asia. mClinica implements projects both digitally and on the ground to connect the world’s pharmacies and transform global health. mClinica follows a social enterprise business model in which they seek double-bottom line returns – maximizing both financial returns and social impact. mClinica’s rapid growth and success is increasingly recognized. mClinica was the recipient of the Data Driven Apps Award of the World Government Summit in 2019, USAID-FHI360 Data for Resilience Award, Pierre Fabre Foundation Prize for eHealth Innovation, and Hack Osaka. The company has consistently been recognized as one of the most innovative startups in healthcare in Asia Pacific.

WiFi Chua

Seed Round in 2016
WiFi Chua is a mobile application focused on sharing and searching for free WiFi passwords, primarily catering to users in Vietnam. Founded in 2014, it has established itself as the leading WiFi-sharing app in the country, boasting 18 million users and over 2 million WiFi access points available both locally and globally. The app was launched on iOS and quickly rose to prominence, achieving the top position in the App Store within two days of its release and maintaining that status for two consecutive months. WiFi Chua not only facilitates easy access to WiFi networks but also offers features that analyze user behavior, allowing users to play games, earn incentives, and access various content seamlessly.

Trusting Social

Seed Round in 2016
Trusting Social Pte. Ltd. is a Singapore-based company that redefines credit scoring by leveraging big data technology alongside social, web, and mobile information. Established in 2013, it provides a solution known as Credit Scoring 2.0, which allows lenders in emerging markets to extend credit to consumers who lack traditional credit histories. This innovative approach targets billions of "financially invisible" individuals in countries such as Vietnam, Indonesia, and India. Trusting Social's scoring methodology has been demonstrated to be more accurate, faster, and cost-effective compared to conventional credit assessment methods. The company maintains additional offices in several key cities across Southeast Asia and India, reflecting its commitment to expanding access to financial services in underserved markets.

TicketBox

Series A in 2016
Ticketbox is an online ticketing start up coming out from Ho Chi Minh City. We do online ticketing and also providing marketing solution for events to sell tickets better. Ticketbox achievement: ... Winner of HCMC Startup Weekend ... Vietnam Demo Day People's choice award

Leflair

Seed Round in 2016
Leflair launched in Vietnam in 2015 as the country’s first premium e-commerce website for women, men, kids, and home. We launch limited-time sales every morning with prices up to 70% off retail, making the world’s best brands accessible in Vietnam. Quality and authenticity are at our core, which is why we only partner directly with brands, conduct the most rigorous quality control, and treat every package like a present.

iPrice Group

Seed Round in 2015
iPrice Group Sdn Bhd operates an e-commerce platform. The company offers electronics, clothing, shoes, bags, watches, jeweler, kids and toys, sports and outdoors, and home and living products. The company also provides products in various categories, such as kitchen and dining, cooling, women’s ethnic wear, skin care, men’s sneakers, strollers and carriers, makeup, backpacks, women’s dresses, accessories, food supplements, hair care, smartphones, LED, cases and covers, men’s shoes, gadgets, women’s heels, sport, fashion watches, travel, headphones, bedroom, casual, beauty and health, medical equipment, and cycling products. It serves clients in Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Thailand, and Vietnam. The company was founded in 2014 and is headquartered in Kuala Lumpur, Malaysia.

Arcstone

Seed Round in 2015
Arcstone Pte. Ltd. is a Singapore-based company that specializes in developing and marketing manufacturing software solutions. Founded in 2013, it offers a comprehensive platform known as the Arcstone Operations Platform (arc.ops), which integrates various data streams from IoT sensors, machines, ERPs, and workstation tablets. This platform enables manufacturers to monitor, track, visualize, and control production operations, facilitating both automated and manual processes in manufacturing, machine maintenance, and warehousing. By operationalizing data, Arcstone empowers facility managers to enhance visibility and control, leading to significant cost reductions and quality improvements across the manufacturing supply chain. The company also has a presence in India, Vietnam, and Indonesia, highlighting its regional commitment to optimizing operational efficiency.

TicketBox

Venture Round in 2014
Ticketbox is an online ticketing start up coming out from Ho Chi Minh City. We do online ticketing and also providing marketing solution for events to sell tickets better. Ticketbox achievement: ... Winner of HCMC Startup Weekend ... Vietnam Demo Day People's choice award

SwipeRx

Seed Round in 2014
mClinica develops mobile platforms that strengthen the pharmaceutical supply chain, generate data, improve patient adherence to medication, and build the capacity of the pharmacy workforce. Since 2017, mClinica has connected 150,000 pharmacy professionals and 40,000 pharmacies through a single digital channel. Their users reach approximately 150 million patients each month. mClinica currently operates across Indonesia, Philippines, Vietnam, Cambodia, Thailand, Malaysia, and Singapore with capacity for expansion. Their team is composed of over 120 team members including experts in public health, data science, and pharmacy. mClinica is supported by impact investors like the Global Innovation Fund (backed by USAID, UKAID, DFAT, Swedish Government, and the Omidyar Network) and Patamar Capital (formerly Unitus Impact) as well as other investors from the US, Europe, and Asia. mClinica implements projects both digitally and on the ground to connect the world’s pharmacies and transform global health. mClinica follows a social enterprise business model in which they seek double-bottom line returns – maximizing both financial returns and social impact. mClinica’s rapid growth and success is increasingly recognized. mClinica was the recipient of the Data Driven Apps Award of the World Government Summit in 2019, USAID-FHI360 Data for Resilience Award, Pierre Fabre Foundation Prize for eHealth Innovation, and Hack Osaka. The company has consistently been recognized as one of the most innovative startups in healthcare in Asia Pacific.

Tappy

Seed Round in 2014
Tappy is a hyperlocal social app that transforms any location into a virtual online community where users can discover interesting people and relevant content Tappy focuses in creating a social network beneficial to both consumers and businesses.

Grab

Series A in 2013
Grab Holdings Inc. is a Singapore-based company that offers a comprehensive mobile technology platform providing various online-to-offline services in Southeast Asia. Founded in 2012 by Anthony Tan and Tan Hooi Lng, Grab operates in several countries, including Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar. The platform includes a wide range of services such as transportation options like GrabTaxi and GrabCar, and delivery services, alongside solutions for financial transactions through Grab Financial Group. This group provides services in payments, rewards, lending, and insurance, and features a user-friendly point-of-sale system for merchants, as well as a mobile wallet for convenient transactions. Grab aims to enhance the quality of life for its users by integrating essential services into a single app.

Pose

Seed Round in 2013
Pose, founded in 2012 as Vietnam’s #1 night life media platform has evolved as a holistic destination for young and proactive audiences. The site evolved as a hub of conversation surrounding nightlife news, events, things to do, lifestyle, relationships, promotions, food and travel. Fast forward to 2017 and Pose has undertaken an exciting new direction! Withinvestment from Blueseed Group - one of Vietnam’s best known digital media companiesPose is evolving into the site for fearless modern women. Serving as a hub for all the latestand greatest news, information and tips she deals with in modern society including fashion,beauty, lifestyle, entertainment and gossip and more.