What is Kiotviet?
Founded in 2014 and headquartered in Ha Noi, Vietnam, KiotViet specializes in the development of comprehensive sales management software. The platform is engineered to streamline operations for small and medium-sized enterprises, providing essential tools for inventory management, point-of-sale processing, and business analytics. By digitizing the retail landscape in Vietnam, KiotViet has established itself as a critical partner for businesses seeking to modernize their workflows and improve efficiency in an increasingly digital economy. The company's market position is defined by its deep integration into the local retail ecosystem and its commitment to providing scalable, user-friendly SaaS solutions.
How much funding has Kiotviet raised?
Kiotviet has raised a total of $51M across 2 funding rounds:
Series A
$6M
Series B
$45M
Series A (2019): $6M with participation from Traveloka and Jungle Ventures
Series B (2021): $45M led by KKR
Key Investors in Kiotviet
KKR
KKR is a global investment firm investing across private markets in every asset class all over the world, with a mission to fortify companies and communities.
Jungle Ventures
Jungle Ventures is one of Southeast Asia's largest independent venture capital firms based in Singapore, focusing on early and growth-stage startups across B2B and B2C sectors.
Traveloka
Traveloka is a company that provides airline ticketing and hotel booking services offering attraction tickets, activities, car rentals, and restaurant vouchers.
What's next for Kiotviet?
With the recent infusion of capital, KiotViet is expected to prioritize the expansion of its product suite and the deepening of its market penetration. Strategic initiatives will likely focus on enhancing the platform's AI-driven analytics capabilities and potentially exploring cross-border service offerings. As the company matures, the focus will shift toward sustaining high-growth metrics while optimizing customer acquisition costs. The backing from global institutional investors suggests a clear path toward further scaling, with potential for future market consolidation or regional expansion, ensuring that KiotViet remains at the forefront of the digital transformation of retail in Southeast Asia.
See full Kiotviet company page
