What is On Group?
Founded in 2021 and based in Ha Noi, Vietnam, On Group operates a platform designed to bridge the gap between self-employed professionals and brands seeking their services. The company's focus on the burgeoning gig economy and brand partnerships positions it within a dynamic market segment.
How much funding has On Group raised?
On Group has raised a total of $1.1M across 1 funding round:
Angel/Seed
$1.1M
Angel/Seed (2022): $1.1M with participation from Touchstone Partners and Thinkzone Ventures
Key Investors in On Group
Touchstone Partners
Touchstone Partners is a transactionally-focused firm specializing in cross-border M&A in India, offering sophisticated legal support in private equity, corporate, and competition areas. They provide nuanced legal perspectives on investment risks associated with India's complex regulatory framework and guide businesses through the intricacies of cross-border transactions.
Thinkzone Ventures
Thinkzone Ventures is an investment banking firm headquartered in Vietnam, focusing on the technology and venture capital landscape. Their involvement suggests a strategic interest in supporting early-stage companies with high growth potential in the Vietnamese market.
What's next for On Group?
The recent major strategic investment suggests On Group is poised for significant scaling and market expansion. This capital infusion will likely fuel product development, enhance user acquisition efforts, and strengthen its market position within Vietnam and potentially beyond. The company's trajectory indicates a move towards solidifying its role as a key facilitator in the freelance and brand collaboration ecosystem.
See full On Group company page