WisePass

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WisePass appears on Shark Tank Vietnam and raises 500,000$US

On July 2018, Shark Tank is airing its second season in Vietnam and WisePass happens to be on the second of this season. During the episode, you can watch our founder and CEO Lam Tran explains what WisePass is and discusses with the sharks about WisePass current state and where the company is heading to.

To watch the whole pitch, you can take a look at it here. The video is in Vietnamese.

To put some context, WisePass recently raised a seed round the year earlier for 400,000$US for 1,000,000$US pre-money valuation led by Expara Ventures. Raising more helped to get more visibility to other investors and the traction during that time was phenomenal as the company was on its course to get revenue increase by 100x from 2018 compared to the year 2016 where traction started.

We asked 5 questions that many partners, customers and other investors have asked us about Shark Tank and asked our founder and CEO Lam Tran to answer them today 3 years after about that experience :

Question #1: Did you eventually get the money from Linh Thai?

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Did you eventually get the money the money from Linh Thai?

Answer #1 : Short answer is no. ( More details in the audio )


Question #2 : What was the experience for you being on Shark Tank?

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What was your experience with Shark Tank?

Answer #2 : It was a surreal experience. ( More details in the audio )


Question #3 : Would you recommend to appear on Shark Tank?

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Would you recommend to appear on Shark Tank?

Answer #3 : Yes but you have to think about a few things before going on the show. ( More details in the audio )


Question #4 : How did you get on Shark Tank?

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How did you get on Shark Tank?

Answer #4 : Thanks to my advisor Kimble Ngo. ( More details in the audio )


Question #5 : Did it help you to fundraise later with other investors?

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Did it help you to fundraise later with other investors?

Answer #5 : Yes. Definitely helped. ( More details in the audio )


On this website, you can find more information and look at where WisePass stands in terms of capital raised for season 2.