🇻🇳 Clubhouse-style startup bags seed money from Touchstone

OnMic, a Clubhouse-style streaming and voice chatting platform based out of Vietnam, has raised an undisclosed seed round from Touchstone Partners.

(From left) OnMic founders Kim Ngoc Lam, Trung Nguyen, and Bao Khanh Nguyen / Photo credit: OnMic

Founded in June by Kim Ngoc Lam, Trung Nguyen, and Bao Khanh Nguyen, OnMic allows users to create voice-streaming chat rooms, which lets speakers and audience members interact with each other. Listeners can simply “raise their hands” to come on stage and interact with the speaker.

OnMic focuses on audio content with no visuals and only minimal text, allowing content creators and consumers to focus entirely on the spoken word.

The app has so far achieved over 11 million live minutes with more than 20,000 shows. With more than 72 million active social media users in Vietnam, there is a huge market potential untapped in the country, according to OnMic.

“While it may remind users of Clubhouse, OnMic is building a unique community bonding experience that does not rely on celebrities,” the company said in a statement.

See also: 50 rising startups in Vietnam

OnMic is also seeing a surge in audio-based content creators, so it has initiated creator-first programs to help them flourish on the merit and quality of their ideas.