Published November 5, 2025
Coolmate Secures Series C to Fuel the Next Stage of Growth for a Homegrown Brand
Our portfolio company Coolmate has successfully closed its Series C round, led by Vertex Growth, with participation from Cool Japan Fund, YoungOne CVC, and existing investors Vertex Ventures SEA & India and Kairous Capital.
Founded in 2019 on a D2C business model, Coolmate has built an optimized, technology-enabled local supply chain to deliver high-quality products at accessible prices with exceptional customer service. Over the past six years, more than five million orders have been delivered across Vietnam — demonstrating the true value that a young Vietnamese brand can create.
Entering the 2026–2030 horizon, this Series C round accelerates Coolmate’s three strategic priorities: Go Women – Go Global – Go Offline
In March 2025, Coolmate officially launched its women’s activewear line — one of the fastest-growing apparel categories in Vietnam. The initiative expands Coolmate beyond "a men’s brand” to become "a performance lifestyle brand for all,” with a target of achieving 40% of total revenue from Women Active by 2030.
In 2025, Coolmate made its debut on Amazon US with a sports sock product line that quickly reached Best Seller status, surpassing 25,000 orders per month within just a few months. This success lays the foundation for regional expansion across Southeast Asia and the goal of achieving 30% international revenue by 2030.
Coolmate’s offline retail strategy enables customers to experience the essence of Vietnamese quality through purposeful design, functional performance, and meticulous attention to detail. Offline retail will become a critical growth pillar, contributing 40% of revenue by 2030.
Amid volatile startup conditions, Coolmate stays committed to real value creation through four strategic strengths:
- Vietnam-based supply chain excellence
- Capability in performance-driven product innovation
- A dynamic and deeply engaged consumer brand
- A young, ambitious Vietnamese talent team
