Do Ventures

Do Ventures is an early-stage venture capital firm that specializes in investing in technology companies in Vietnam and Southeast Asia. The firm seeks out pioneering entrepreneurs who aim to develop disruptive products that provide significant societal value. Emphasizing a philosophy of "Growing by Doing," Do Ventures believes that entrepreneurs who are proactive tend to make better decisions. The firm values resilience and persistence, asserting that greater effort increases the likelihood of encountering success. It also recognizes the importance of failure as a learning opportunity, encouraging entrepreneurs to take risks and push beyond conventional boundaries. Ultimately, Do Ventures aims to identify and nurture bold founders, helping them become leaders in their fields and shape new consumer behaviors.

Vy Le

Co-Founder and General Partner

Dzung Nguyen

Co-Founder and General Partner

13 past transactions

Coolmate

Series A in 2022
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.

MFast (DigiPay J.S.C.)

Series A in 2022
MFast operates as a fintech platform. MFAST is a brand under Digital Payment Solution Joint Stock Company - DigiPay JSC.

Azota

Seed Round in 2022
Azota is an educational technology platform designed for online test creation and assessment. Launched less than a year ago, it has rapidly gained popularity and is now one of the most widely used educational products in the country. The platform enables teachers to evaluate and grade student assignments conveniently using their smartphones, streamlining the grading process and expediting the announcement of results. By simplifying assessment procedures, Azota supports schools in enhancing their educational efficiency and effectiveness.

Coolmate

Series A in 2022
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.

Ringle

Series A in 2022
Provider of e-learning services intended to offer English tutoring for professionals. The company utilizes artificial intelligence to systematically manage the program in real-time from education consulting to study-result reports as a tutor and allows students to discuss their difficulties through engaging conversations and methodical corrections, enabling teachers and students to break down the linguistics, cultural, geographical and educational barriers in order to strengthen learning environment.

OpenCommerce Group

Series A in 2022
OpenCommerce Group is cross-border e-commerce that helps brands and entrepreneurs succeed. The company was founded in 2014 and is based in San Francisco, California.

Selly

Seed Round in 2022
Selly is a platform to supply goods from manufacturers to people who need to sell without spending capital.

Bizzi

Seed Round in 2021
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.

MFast (DigiPay J.S.C.)

Seed Round in 2021
MFast operates as a fintech platform. MFAST is a brand under Digital Payment Solution Joint Stock Company - DigiPay JSC.

Manabie

Seed Round in 2021
Manabie International Ltd. provides online and offline education services for elementary, junior high, and high school students. The company offers a learning software, including Manabie Basic, that includes online class and mock exams; and Manabie Prime, that includes online class, mock exam, live tutoring, and online personal coaching. It provides Manabie Hub, which includes offline education services, such as 1-on-1 personal coaching. Manabie International Ltd. was incorporated in 2019 and is based in Singapore.

Palexy

Series A in 2020
Palexy is a Singapore-based company founded in 2019 that specializes in AI and computer vision technology solutions for retailers. The company focuses on transforming surveillance camera streams and point-of-sale data into valuable customer analytics and actionable business insights. Palexy's technology aims to enhance various aspects of retail management, including marketing, operations, merchandising, and loss prevention. By providing in-store analytics, Palexy empowers retailers to measure and improve the customer experience and operational efficiency, offering insights comparable to those provided by online analytics tools.

F99

Seed Round in 2020
F99 is a platform that enables farmers to bypass traditional intermediaries to sell fruits directly to consumers. The platform is known as the most well-known distributor of best-selling fruits such as Musang King durian and Sabudo green caviar. F99’s competitive advantage is its ability to directly connect with farmers and effectively restructure the supply chain from suppliers to users to bring products to consumers in the shortest period at reasonable prices. Currently, customers can order products of the company via such channels as mobile application, website, Facebook and receive the products at home.