V I E T N A M   O P E R A T I N G   E N T I T Y   ·   F O U N D I N G   I N V E S T O R   R O U N D

The platform for the other eighty-five percent.

Vietnam's dental services market is $4.2B today, growing to $5.5B by 2030. The five major chains serve 10–15% of demand. KingDental Vietnam builds the operating-system platform that serves the rest.

T H E   R O U N D
$5–8M
Target raise
$22M
Pre-money
50
Clinic pilot · Q3 '26
Month 24
To profitability
M A R K E T   T H E S I S

The chains built premium. We build the platform.

Vietnam has ~150 chain clinics serving urban premium patients — and tens of thousands of solo practitioners and small clinics serving everyone else with analog tools. We don't compete with the chains. We platform the underserved majority.

S e r v e d   b y   t h e   F i v e   C h a i n s
10–15%
~150 clinics · concentrated in HCMC & Hà Nội
  • HCMC~70% of chain footprint
  • HÀ NỘI~20% of chain footprint
  • OTHER~10% in other tier-1 cities
  • PLAYERSKim Dental · Parkway · Westcoast · Picasso · Ident
T h e   U n d e r s e r v e d   M a j o r i t y
85–90%
Solo practitioners & small clinics across the country
  • HCMC2,000+ solo practitioners in greater HCMC alone
  • PROV34 priority provinces with provincial anchors and small clinics
  • COAST15 coastal tourism cities serving dental tourists
  • TECHPredominantly analog · no scanners, no AI receptionist, no digital payments
T H E   P L A T F O R M

Clinic-in-a-Box. Four tiers. Zero deposit.

CIAB bundles intraoral scanner, AI receptionist in Vietnamese, payments rails, smart-lock asset tracking, brand seal, and ongoing software updates into a single monthly subscription. Every deployed clinic generates revenue across five compounding layers.

DSK
Entry
$450 / mo
3 6   m o n t h   c o n t r a c t
Entry onboarding for solo practitioners. Scanner, AI receptionist, payments rails, brand seal.
2 , 0 0 0 +   T A R G E T S
Silver
Digital Facelift
$2,200 / mo
6 0   m o n t h   c o n t r a c t
1–2 chair clinics. Same physical location, transformed operationally. HCMC & tier-1 cities first.
H U N D R E D S   T A R G E T E D
Gold
Provincial Anchor
$4,500 / mo
6 0   m o n t h   c o n t r a c t
3–5 chair provincial flagships. Anchors for Dental Care Pak inbound tourism in 34 provinces & 15 coastal cities.
D O Z E N S   T A R G E T E D
Platinum
Flagship
$7,500 / mo
6 0   m o n t h   c o n t r a c t
10–12 chair major-city flagships. HCMC · Hà Nội · Đà Nẵng. Brand showcases & high-end practice partnerships.
U P   T O   1 0   T A R G E T E D
T H E   P I L O T   ·   Q 3   2 0 2 6

Fifty clinics. One city. One quarter.

The 50-clinic HCMC pilot is the operational anchor for everything that follows. Validate unit economics, prove AI receptionist performance in real Vietnamese-language interactions, establish the playbook for scaled deployment across provinces and coastal tourism cities.

P I L O T   C L I N I C S
50
All HCMC. All tiers.
Q3 2026 deployment.
Year 1 milestones
50 clinics live · AI receptionist deployed in VN · DentX activated · assembly facility commissioned

The fifty: mix by tier

Heavy on entry-tier solo practitioners to validate the underserved-majority thesis, with anchor Platinum and Gold deployments to seed brand and tourism corridors.
35
D S K
Solo practitioners across greater HCMC
$450 / mo
10
S i l v e r
1–2 chair clinic digital facelifts in HCMC
$2,200 / mo
4
G o l d
Provincial anchor flagships
$4,500 / mo
1
P l a t i n u m
HCMC flagship — brand showcase
$7,500 / mo
W H Y   T H E   C H A I N S   C A N N O T   F O L L O W

Three moats. None easy to replicate.

01

Cross-border patient acquisition

Dental Care Pak bundles air ticket, hotel, allowance, tourism, and treatment for the 6.5M Vietnamese diaspora. No Vietnamese chain has cross-border infrastructure — they serve in-market patients only.

02

DentX supply alliance

Bulk-purchased consumables aggregated across the network, distributed at up to 20% discount. VOE retains 11–15% margin. Volume that no single chain or solo can replicate.

03

Payments rails on KardOne

Licensed money transmitter infrastructure for patient-to-clinic and clinic-to-supplier flows. Transaction take-rate at every layer. An 18-month head start no analog operator can close.

D O C U M E N T   P A C K E T   ·   M M X X V I

The full VOE document set.

Seven documents, designed to be read in sequence — strategy and economics first, then the deal papers. Print-ready, confidential. Click any to open in your browser; press Cmd+P (or Ctrl+P) to save as PDF.

D O C   0 1   ·   S T R A T E G I C   B R I E F
Strategic Brief v3
The ecosystem recruitment thesis in full — three recruitment groups, DentalHub™ margin engine, the $450M Dental Care Pak diaspora flywheel, two-layer DCF valuation, and execution sequence.
11 sections · + source flagsOpen →
D O C   0 2   ·   P I T C H   D E C K
Founding Round Pitch Deck
The 14-slide investor deck — opportunity, thesis, three-group strategy, DentalHub™ and Dental Care Pak revenue engines, the moat, why-now, traction, financial trajectory, and the ask.
14 slides · print-readyOpen →
D O C   0 3   ·   U N I T   E C O N O M I C S
DentalHub™ Unit-Economics Model
The bottom-up model behind the margin engine — assumptions, per-DSK economics, per-hub P&L, the Dental Care Pak ramp, network roll-up, and an EBITDA sensitivity grid. Conservative / Base / Aggressive.
6 tabs · scenario-drivenOpen →
D O C   0 4   ·   T E R M   S H E E T
Subsidiary Investment Term Sheet
Indicative terms for the VOE Founding Investor Round — $5–8M at $22M pre-money, allocation pools, investor rights, and the parent-subsidiary structure.
9 sections · 2 appendicesOpen →
D O C   0 5   ·   B U S I N E S S   P L A N
Vietnam Business Plan
Market thesis, CIAB platform, 50-clinic pilot, three-year provincial & tourism-corridor expansion roadmap, and operating unit economics.
10 sections · full planOpen →
D O C   0 6   ·   A D V I S O R Y   C H A R T E R
Advisory Board Charter
Composition, governance, scope, term, compensation, and conflict policy for the Vietnam Operating Entity Advisory Board.
10 sections · governanceOpen →
D O C   0 7   ·   O U T R E A C H   P L A N
Investor Outreach Sequencing Plan
90-day sequenced outreach to the Strategic Operator Pool, hardware partner candidates, and distribution partners with template communications.
9 sections · with templatesOpen →
" V I E T N A M   ·   T H E S I S

Two thousand solo dentists in HCMC. Thirty-four provinces. Fifteen coastal tourism cities. None of them have a scanner. All of them have patients.

Tue Le · Founder & CEO · KingDental Holdings
T E A M   ·   V I E T N A M   O P E R A T I N G   E N T I T Y

Vietnamese leadership. HCMC headquartered.

VOE is led, staffed, and partly owned by clinicians and operators from the country it serves. No expat managers. No remote control. The founding team is being assembled now — confirmed roles below, open seats waiting for the right hands.

F o u n d e r   ·   C E O   ·   H o l d i n g s
Tue Le
Founder & CEO of KingDental Holdings. Architect of the CIAB platform, the DentX Alliance, and the global expansion thesis. Bay Area & HCMC.
C O N F I R M E D
M a n a g i n g   D i r e c t o r   ·   V O E
Open seat
Vietnam-based operator. P&L owner for VOE. Reports to Holdings board. Local network in HCMC dental, supplier, and healthcare communities essential.
O P E N   ·   R E C R U I T I N G
C l i n i c a l   D i r e c t o r   ·   V N
Open seat
Senior Vietnamese dentist — 15+ years · multi-chair operator. Owns clinical protocol, training, and quality audits across the deployed network.
O P E N   ·   R E C R U I T I N G
T H R E E   D O O R S   I N T O   V I E T N A M

Strategic. Hardware.
Distribution.

Three investor pools at the VOE level — the five major Vietnamese dental chains and family offices; a reserved hardware-OEM partner allocation; and the regional dental leasing companies. Thirty minutes is the next step.