Pre-revenue today
Confirmed by the Founder.
INVEST IN THE PLATFORM
Connect capital.Build lasting advantage.
Information infrastructure for M&A and private capital in Vietnam. Built to help businesses prepare, investors assess opportunities and transaction teams move forward with evidence.
A focused starting market
Vietnam real estate M&A and project-company workflows.
Led by Nguyễn Công Hoàn
Founder of CHỢ ĐẤT Real Estate Technology Co., Ltd.
01 / INVESTMENT THESIS
Back the tools that createreadiness for capital.
Our ambition reaches beyond a single transaction. We want Vietnamese businesses to enter conversations with investors prepared, informed and confident in the value they can build.
This is our purpose and intended impact. Employment, transaction and economic outcomes will be measured when evidence is available.
A business that gains the resources to grow can create opportunities for its people, partners and communities.
When more businesses become capable of competing internationally, Vietnam gains a stronger voice in the global economy.
CHODAT INVEST wants to serve that journey: helping capital meet credible opportunities and helping ambition become actionable plans.
HO CHI MINH CITY · OUR STRATEGIC BASE
Local presence.International ambition.
With its headquarters in Ho Chi Minh City, CHODAT INVEST aims to develop local capability: understanding businesses, structuring information and clarifying opportunities for international partners.
TP.HCM / VIETNAM
POLICY CONTEXT
- 2026–2030 · Institutions and infrastructure
- 2031–2035 · Ecosystem expansion
THE CHODAT INVEST THESIS
As the market develops, evidence-based preparation and connections may become more useful. We intend to build that capability now and validate it with real customers.
These phases are policy objectives. CHODAT INVEST has not confirmed membership or an official partnership with the financial centre.
02 / A PROBLEM WORTH SOLVING
Opportunity needs a clear story.Trust needs evidence.
A promising business can still struggle to explain its assets, risks and funding needs. Investors, in turn, need information they can examine before investing time or capital.
Businesses need to know what is missing.
Legal status, financial assumptions and ownership records need to become a coherent investment dossier.
Investors need a basis for judgment.
Clear sources, disclosure boundaries and thoughtful answers help make an opportunity assessable.
Deal teams need continuity.
Teasers, document lists and investor questions need to remain consistent as a conversation progresses.
These are product hypotheses to validate through interviews and actual use, not measured customer results.
03 / THE PLATFORM EXPERIENCE
From scattered informationto a disciplined capital workflow.
AI should help complete useful work. Each output should have a source, a purpose and a person accountable for accepting it.
PROPOSED PRODUCT WORKFLOWPLANNED CAPABILITIES · VALIDATION REQUIRED
Organize
Structure authorized information and identify missing evidence.
Prepare
Draft teasers and diligence checklists from approved facts.
Explain
Support investor Q&A within authorized disclosure limits.
Follow through
Track feedback, decisions and the next action.
Business information
A project-company owner wants to prepare for a share transaction and provides authorized legal documents and a project budget.
Ready for diligence
- A sourced checklist of missing documents.
- A teaser that reflects the project's actual status.
- Diligence questions and financial assumptions requiring review.
The existing platform is our starting point. Full AI workflow automation remains a development roadmap; transaction commitments belong to the authorized parties.
Explore the current platform ↗04 / PATH TO COMMERCIALIZATION
Start with a job worth paying for.Build recurring value from there.
Our proposed initial model is a B2B subscription for investment-dossier preparation and transaction workflow tools, beginning with real estate and project-company use cases.
Dossier and workflow subscription
- Potential paying user
- Businesses, advisers and deal teams
- Value to validate
- Less preparation time, fewer revisions and repeated use.
Scoped specialist support
- Potential paying user
- Organizations preparing a specific transaction
- Value to validate
- Clear deliverables and expert-reviewed quality.
Research and monitoring tools
- Potential paying user
- Investment and advisory teams
- Value to validate
- Sourced information with appropriate usage rights.
The platform is pre-revenue. Pricing, conversion, retention, AI costs and margins have not been validated. Advisory work requires an appropriate service scope and contractual framework.
VALUE FOR EQUITY INVESTORS
Return potential beginswith a business that creates value.
The aim is to grow equity value through product quality, revenue and business performance. That path needs measurable progress.
- 01
A product customers need
Solve work important enough for customers to use and pay for.
- 02
Quality revenue
Track repeat use, cost to serve and margins to establish a viable business.
- 03
Growing enterprise value
Demonstrated results can provide a basis for growing investors’ ownership value.
This is an intended value-creation path, not a return forecast. Dividends and exits depend on performance, cash flow and agreed terms.
05 / DESIGNED FOR TRUST
AI supports progress.People retain authority.
Capabilities must be built on authorized information, traceable evidence and approval by accountable decision makers.
Local transaction understanding
Specialist-reviewed document requirements and questions suited to the transaction at hand.
Evidence that can be traced
A clear distinction between facts, assumptions and forecasts, with version history and disclosure controls.
Learning with permission
Authorized feedback that improves the product while respecting client information and data rights.
These capabilities are planned, not confirmed as complete. The Founder and legal entity approve outreach, access rights and transaction commitments.
06 / ROUND STRUCTURE
USD 1 million to build the platformand the evidence behind it.
We seek technology investors who can help shape the product, strengthen governance and open a credible route to commercialization.
- Capital sought
- $1,000,000
- Proposed post-round ownership
- 25%
- Implied post-money valuation
- $4M
- Implied pre-money valuation
- $3M
Ownership illustration
Explore a reference percentage at the implied $4 million post-money valuation, before agreed adjustments.
$1,000$1,000,000
Reference post-round ownership
Enter $1,000–$1,000,000 in steps of $1,000.
Investment ÷ $4,000,000. ESOP, convertibles, preferences and the agreed dilution basis can change the result. This is not a return forecast.
The illustration assumes USD 1 million of new primary equity for 25% post-round ownership on an agreed basis. ESOP, convertible instruments, preferences and other rights require separate agreement.
This is a negotiated proposal, not an independently verified valuation. Entity scope, rights, budget, runway and transaction terms must be established during diligence.
New investor ownership: 25% · Remaining existing ownership: 75%
07 / CAPITAL ALLOCATION DISCIPLINE
Every dollar needsan assessable purpose.
A proposed budget scenario for discussion. Select a category to explore its priorities; the final budget follows diligence.
$1,000,000PROPOSED ROUND
$350,000 USD
Product & engineering
Output quality, AI workflows, testing and secure infrastructure.
Product & engineering
Output quality, AI workflows, testing and secure infrastructure.
Commercial validation
Real-user trials, pricing feedback, repeat usage and cost to serve.
Legal & governance
Entity formation, IP ownership, contracts, data rights and controls.
Operations & reserve
Essential talent, cash planning, operating costs and contingency.
35% / 30% / 20% / 15% is a proposed allocation scenario, not an approved budget or capital already deployed.
08 / EXECUTION & EVIDENCE
Ambition sets the direction.Execution earns the confidence.
Build useful products
Prioritize customer needs and validate quality before scaling.
Use capital with discipline
Agree budgets, disbursement milestones and accountability for each workstream.
Report measurable progress
Track delivery, willingness to pay and cash flow under an investor-agreed reporting process.
Execution commitments are detailed in the plan and transaction documents; business results depend on market conditions and delivery.
Nguyễn Công Hoàn
CEO / Founder
Nguyễn Công Hoàn's ambition is to build CHODAT INVEST into an AI-supported platform for capital preparation and M&A in Vietnam.
Diligence materials to complete: verifiable experience, technical team, IP and data rights, Founder commitment and an operating budget.
Prove useful work
Test authorized dossiers; measure accuracy, time and user acceptance of outputs.
Prove willingness to pay
Work with organizations facing real needs; document repeat use, pricing feedback and reasons for rejection.
Prove repeatability
Measure service costs, quality and retention before expanding.
Dates and thresholds will be agreed against staffing, budget and pilot evidence. No verified traction figures are published in this brief.
09 / EXECUTIVE PERSPECTIVES
A founder's ambition.An institution's discipline.
A proposed accountability framework through twelve executive perspectives. Select a role to explore diligence priorities and expected evidence.
Vision & accountability
Accountability focus
Product priorities, key decisions and shareholder accountability.
Evidence for investor diligence
Investment thesis, development gates and reporting structure.
Market & brand
Accountability focus
Customer segments, real needs and approved public messaging.
Evidence for investor diligence
Acquisition experiments, user feedback and acquisition cost.
Capital & finance
Accountability focus
Budget control, cash planning and valuation assumptions.
Evidence for investor diligence
Financial plan, cap table and use-of-funds reporting.
Product & engineering
Accountability focus
Architecture, delivery capability, AI quality and technology cost.
Evidence for investor diligence
Technical roadmap, tests and output-quality evaluation.
Risk & controls
Accountability focus
Market, operational, AI and data risk identification.
Evidence for investor diligence
Risk register, accountable owners and mitigation plans.
Commercial & partners
Accountability focus
Willingness to pay, partnership structure and retention.
Evidence for investor diligence
Pricing tests, service terms and unit economics.
Operations & quality
Accountability focus
Service workflows, quality control and handover.
Evidence for investor diligence
Operating procedures, acceptance criteria and cost to serve.
People & capability
Accountability focus
Talent planning, essential skills and founder dependence.
Evidence for investor diligence
Skills matrix, hiring plan and retention approach.
Legal & ownership
Accountability focus
Entity structure, IP scope, contracts and disclosure limits.
Evidence for investor diligence
Legal records, data rights and transaction conditions.
Information & data
Accountability focus
Data provenance, access controls, version history and traceability.
Evidence for investor diligence
Data inventory, usage rights and access policy.
Strategy & positioning
Accountability focus
Market choices, enduring advantages and expansion conditions.
Evidence for investor diligence
Competitive thesis, partner options and evaluation gates.
Project director
Accountability focus
Work planning, budget, dependencies and milestone acceptance.
Evidence for investor diligence
Delivery plan, work owners and progress reports.
This is a proposed governance framework, not a roster of appointed executives. CRO means Chief Risk Officer, CCO Chief Commercial Officer and CSO Chief Strategy Officer.
10 / CONTEXT & PRECEDENTS
An opportunity assessedthrough evidence.
Vietnam market context
Vietnam is building new financial infrastructure. Businesses need to be ready for it.
The international financial centre initiative provides a concrete policy context for a long-term investment thesis. CHODAT's opportunity is to make preparation and information exchange more useful for businesses and investors.
A policy framework
Resolution 222/2025/QH15 was adopted on 27 June 2025 and took effect on 1 September 2025.
One centre, two locations
Decree 323/2025/NĐ-CP, dated 18 December 2025, sets out a unified centre operating in Ho Chi Minh City and Da Nang, with fintech and professional support services among its development directions.
Launch milestones in 2026
Da Nang held its opening on 9 January 2026; Ho Chi Minh City launched on 11 February 2026.
As of the 8 October 2026 government update, substantive operation was still being advanced, with financial products targeted for circulation in November 2026. Becoming a major Asian financial centre remains a development ambition.
HISTORICAL CONTEXT · FIRST 10 MONTHS OF 2025 · 218 · $2.3B. KPMG also reported softer deal volume and more selective diligence and valuations. These figures describe transactions, not CHODAT's software revenue or addressable market.
Sources & evidence scope ↗Technology funding precedents
Investors have backed companies before monetization. The reason was not an idea alone: teams, prototypes, user behaviour and an executable thesis mattered.
Reid Hoffman confirmed LinkedIn had no revenue when pitching this round. The company announced USD 10 million in October 2004 and had 1.2 million registered accounts at the announcement.
For CHODAT: demonstrate why the network is useful and how that use can support revenue.
Figma
2015 · Preview launchFigma announced USD 18 million in cumulative funding at its December 2015 preview launch. Its company filing states it began charging for Figma in 2017; this does not establish zero company-wide accounting revenue.
For CHODAT: show a prototype that meaningfully improves a real workflow.
Mistral AI
2023 · SeedLightspeed confirmed a seed round of more than EUR 105 million on 13 June 2023. Mistral 7B followed on 27 September. The founders had AI experience at DeepMind and Meta; these sources do not confirm zero accounting revenue.
For CHODAT: connect the vision to credible technical ability and a delivery plan.
Thinking Machines
2025 · SeedFenwick confirmed the USD 2 billion seed round on 15 July 2025. Reuters reported that Mira Murati's company had no revenue or products at that time.
For CHODAT: team credibility matters. This exceptionally large round is not a valuation benchmark.
Selected precedents demonstrate possibility, not startup success rates, comparable valuations or a guarantee that CHODAT will raise capital.
Sources & evidence scope ↗11 / START A CONVERSATION
Build the nextchapter together.
Discuss the platform investment proposal, disclosure scope and diligence plan directly with CHODAT.
Begin with a Founder discussion, review the current platform, and agree the scope of diligence on the entity, IP, team and business model.
(+84) 90 123 16 79Please mention ‘Investment in the CHODAT INVEST platform’. Private materials are shared within approved access and disclosure limits.
What would I own?
The proposal concerns a dedicated entity for the CHODAT INVEST platform. Its formation, IP scope, relationships with the existing company and ownership structure still need to be established.
Does the platform have revenue?
The Founder has confirmed that CHODAT INVEST has no revenue. The brief does not claim paying customers, received capital or verified usage metrics.
Is CHODAT an IFC member or partner?
No membership, partnership, licence or government endorsement has been confirmed. The IFC context supports a market thesis; it does not automatically confer regulatory privileges.
What risks require diligence?
Unproven willingness to pay; engineering delivery and AI costs; data quality and IP; security and compliance; competition and Founder dependency.
For discussion of a proposed investment. Terms remain subject to diligence and agreed legal documents. Contact creates no ownership rights or funding commitment. Returns and exits are not guaranteed.