HO CHI MINH – CoderSchool, established in Ho Chi Minh City by Silicon Valley founders in 2015, has raised an
undisclosed seed funding round from Singapore-based Tri5 Ventures to train and upskill world-class software
developers in the emerging Vietnam tech scene.

The funds will be used to relocate to a larger campus in Ho Chi Minh, grow the business and instruction team,
as well as expand to other Vietnamese cities of Hanoi and Danang. CoderSchool aims to train and place a
target goal of 1500 developers in the 3 major cities, Ho Chi Minh, Hanoi, and Danang in the next 3 years.

According to a VNExpress article, the number of tech jobs have risen over the last three years. Vietnam
currently employs 250,000 engineers and the estimated demand estimated is expected to be 400,000 by 2018.
A survey showed a 2-year experienced engineer is estimated to earn a maximium of US$1,160 per month and
looks set to rise further.

The Vietnamese startup ecosystem is growing at an accelerated pace. In a recent report by Vietnam Briefing,
39,850 new startups were incorporated in the first four months of 2017 alone. The Saigon Silicon City Center
will be a startup hub to incubate startups and expected to attract over US$1.5b in investments by 2020. The
fintech industry has also received US$129m in investments.

Coderschool conducting a coding class in Ho Chi Minh City.

 

CoderSchool is founded in 2015 by Charles Lee and Harley Trung, two computer science graduates who hail
respectively from UC Berkeley and Yale in Silicon Valley. Since then, the school has conducted 23 programming
cohorts with 312 graduates.

Charles Lee says, “There’s an obvious global shortage of engineers, but it is even more pronounced here in
Vietnam due to strong demand from overseas. Vietnam may be the best place in the world to find
hardworking, talented young engineers. Salaries are rising but are still dramatically lower than other parts of
the world.

TRi5 Ventures is a believer of training programmers to support the growing needs of startup ecosystems of the
region and world. Their investment and experience in programming schools will be strategic in aiding us to
grow. Furthermore, their deep connections into the regional startup tech communities is a bonus to provide
our world-class graduates with world-class jobs.”

CoderSchool alumni have gone on to work at leading tech companies such as Uber, Grab, Fossil, TinyPulse,
Lazada, Okiela, Sentio, Saleshood, Zalora, Mingle, Wizeline, 2359 Media, and Silicon Straits.

Mr Ting Yan LECK, Investment Director at Tri5 Ventures, explains the investment into CoderSchool.
“Vietnam is a known hub for companies in Singapore, Australia and other countries to outsource software
development. This has significantly increased the demand for advanced software engineers.
CoderSchool has built a good reputation in Vietnam for training over 300 programmers in 23 classes. We
believe the school is poised to take advantage of the growing opportunities in the programming schools
sector.”

CoderSchool Intro Video –

 

Media Contact
Anh Hoang
Partnerships Director
anh@coderschool.vn
+84 898 158 690 (Vietnam)

About CoderSchool (Coderschool.vn)

Coderschool is founded in 2015 by Charles Lee and Harley Trung, two computer science graduates who hail
respectively from UC Berkeley and Yale in Silicon Valley. Since then, the school has conducted 23 programming
cohorts with 312 graduates.
CoderSchool alumni have gone on to work at leading tech companies such as Uber, Grab, Fossil, TinyPulse,
Lazada, Okiela, Sentio, Saleshood, Zalora, Mingle, Wizeline, 2359 Media, and Silicon Straits.

CoderSchool’s curriculum, originally developed in Silicon Valley, is based around real-world examples, multi-
modal learning, and carefully-spaced repetition. In addition to several weeks of discussion, lecture, and hands-
on lab time, students spend much of their time building real-world applications from scratch.

Applicants to Coderschool are required to pass a rigorous selection process to be admitted, and must exhibit
strong teamwork skills in addition to individual technical excellence.
CoderSchool focuses on imparting developers with the skills and working styles of global tech startups with
development teams based in Vietnam as well as other large MNCs. CoderSchool has taught courses in web
development Ruby on Rails, NodeJS and mobile development in iOS, Android and React Native.
In addition to regular Demo Days, which have seen as many as 500+ attendees per event, CoderSchool hosts
regular meetups for the community featuring guest speakers on exciting new technologies and topics, such as
Data Science, Machine Learning, Artificial Intelligence, Cloud Microservices, Chatbots, and even Electric
Vehicles

 

About TRi5 Ventures
Tri5 Ventures is a Singapore-based early-stage Venture Capitalist which invests in South-East Asian technology
startups. It has recently made a US$220k investment into UpCode Academy, a Singapore-based programming
school.