Vebu Labs

Wavemaker Partners is an early-stage venture capital firm founded in 2003 dual-headquartered in Los Angeles and Singapore. We have over $265M in assets under management, have invested in over 300 portfolio companies, and have consistently delivered top quartile returns to our investors. Wavemaker is the regional partner for Southern California and Southeast Asia of the Draper Venture Network (DVN), the world's leading VC collective comprising of 10 firms across 5 continents.

Alon Goren

Venture Partner

James (Buck) Jordan

Managing Partner

Mikal Khoso

Investor

Gavin Lee

General Partner

Eric Manlunas

Founder, Managing Partner of Wavemaker US and General Partner of Wavemaker SEA

Michael Mizrahi

Principal

Paul Santos

Managing Partner

John-Marshall Stubbs

Associate

Kano Takebayashi

VP, Investments

Colin Tang

Senior Associate, Investor Relations

Adrian Vanzyl

Venture Partner

Past deals in Philippines

GrowSari

Series C in 2022
Operator of a B2B e-commerce marketplace intended to help shop owners digitally procure goods for their stores by eliminating middlemen. The company's marketplace uses technology to connect stores directly to the companies and facilitates owners to add new types of products to sell including mobile top-ups, remittances, and banking services, enabling stores or small neighborhood retail shop owners to save costs and understand market trends.

Maria Health

Venture Round in 2021
Maria Health created a place online where people can easily compare what the top healthcare brands have to offer and confidently shop right after. They offer simple, easy access to healthcare because they believe everyone deserves one.

GrowSari

Series B in 2021
Operator of a B2B e-commerce marketplace intended to help shop owners digitally procure goods for their stores by eliminating middlemen. The company's marketplace uses technology to connect stores directly to the companies and facilitates owners to add new types of products to sell including mobile top-ups, remittances, and banking services, enabling stores or small neighborhood retail shop owners to save costs and understand market trends.

ZuBlu

Funding Round in 2021
ZuBlu Ltd. operates and provides dive travel platform to search, compare and book scuba diving and underwater adventure travel in Asia. The company provides travel information for underwater rays, sharks, turtles, whale sharks, also for learning to dive, beautiful reefs, macro creatures, and photography. It's travel destinations includes Indonesia, Malaysia, Maldives, Pacific, Philippines, Red Sea, and Thailand. The company was incorporated in 2017 and is based in Wan Chai, Hong Kong.

Advance Tech Lending

Seed Round in 2020
Advance Tech Lending Inc. operates an online platform that increases employee productivity through financial empowerment. It increases employee engagement, reduces the turnovers and workplace stress, and recruit and retain the talent in the organization. The company was founded in 2018 and is based in Makati City, Philippines.

ZuBlu

Seed Round in 2020
ZuBlu Ltd. operates and provides dive travel platform to search, compare and book scuba diving and underwater adventure travel in Asia. The company provides travel information for underwater rays, sharks, turtles, whale sharks, also for learning to dive, beautiful reefs, macro creatures, and photography. It's travel destinations includes Indonesia, Malaysia, Maldives, Pacific, Philippines, Red Sea, and Thailand. The company was incorporated in 2017 and is based in Wan Chai, Hong Kong.

Sprout Solutions

Series A in 2019
Sprout Solutions is a payroll and HR software provider that focuses on emerging markets, particularly in the Philippines, Singapore, and Indonesia. The company offers a comprehensive platform that automates various administrative tasks related to HR and payroll, replacing traditional methods such as spreadsheets and printed forms. Its services include a fully automated timekeeping and attendance system utilizing biometrics, single-click payroll processing, and prescriptive analytics. Additionally, Sprout provides a cloud-based human resource information system that consolidates recruitment operations, helping businesses streamline their HR functions and effectively address payroll, human resource, and recruitment challenges. Through its suite of backend services, Sprout Solutions aims to support companies in their growth and operational efficiency.

Adatos A.I

Venture Round in 2018
Adatos builds and deploys elegant, prize-winning Data Intelligence solutions tailor-made for the private sector. Combining over three decades of extensive experience in Intelligence Analytic Tradecraft with advanced Deep Learning technology, Adatos delivers scale and consistent outperformance of industry benchmark metrics to valued clients in the Financial Services and Insurance industries. Our key applications lie in Customer Microsegmentation and Financial Portfolio Optimization. Adatos is a venture-backed technology company headquartered in Singapore, with a wholly-owned subsidiary in the US servicing select clients. Adatos is currently operating in Singapore, Japan, Hong Kong, Malaysia, Indonesia and the Philippines.

Kalibrr

Venture Round in 2018
Kalibrr is a recruitment business innovating services and technologies to help companies consistently recruit the best talent. They achieve recruitment transformations through an end-to-end portfolio of services including a premium jobs portal, world-class recruitment system, employer branding and powerful online assessments. Founded by Paul Rivera and Dexter Ligot-Gordon in January 2012, Kalibrr had received a significant in seed funding from Sillicon Valley startup incubators and investors such as; Kickstart Ventures, eBay's Pierre Omidyar, Globe Telecom's, Sillicon Valley Y Combinator and Filipino Angel investor Nix Nolledo of Xurpas.

Sprout Solutions

Seed Round in 2018
Sprout Solutions is a payroll and HR software provider that focuses on emerging markets, particularly in the Philippines, Singapore, and Indonesia. The company offers a comprehensive platform that automates various administrative tasks related to HR and payroll, replacing traditional methods such as spreadsheets and printed forms. Its services include a fully automated timekeeping and attendance system utilizing biometrics, single-click payroll processing, and prescriptive analytics. Additionally, Sprout provides a cloud-based human resource information system that consolidates recruitment operations, helping businesses streamline their HR functions and effectively address payroll, human resource, and recruitment challenges. Through its suite of backend services, Sprout Solutions aims to support companies in their growth and operational efficiency.

Sprout Solutions

Seed Round in 2017
Sprout Solutions is a payroll and HR software provider that focuses on emerging markets, particularly in the Philippines, Singapore, and Indonesia. The company offers a comprehensive platform that automates various administrative tasks related to HR and payroll, replacing traditional methods such as spreadsheets and printed forms. Its services include a fully automated timekeeping and attendance system utilizing biometrics, single-click payroll processing, and prescriptive analytics. Additionally, Sprout provides a cloud-based human resource information system that consolidates recruitment operations, helping businesses streamline their HR functions and effectively address payroll, human resource, and recruitment challenges. Through its suite of backend services, Sprout Solutions aims to support companies in their growth and operational efficiency.

Maria Health

Seed Round in 2017
Maria Health created a place online where people can easily compare what the top healthcare brands have to offer and confidently shop right after. They offer simple, easy access to healthcare because they believe everyone deserves one.

Doxcheck

Venture Round in 2017
Doxcheck Inc. is a technology company focused on addressing the challenges of credentials and identity fraud through its innovative document verification system. Launched in 2012, Doxcheck has developed a unique proprietary platform that allows for secure centralized online verification and authentication of documents. This system protects issuers from counterfeiters while enabling fast and accurate verification for document recipients. The company has demonstrated success with institutional issuers of high-value documents and has expanded its offerings to include Doxcheck Professional, catering to various professional groups. By providing a multitier approval process and the ability to upload and store documents in a centralized portal, Doxcheck aims to set a new global standard in identity verification, striving to eliminate credentials and identity fraud in the future.

engageSPARK

Seed Round in 2017
engageSPARK Limited operates an online platform which allows users to build interactive voice messaging (IVR) and two-way SMS campaigns. The platform enables users to create, send, receive, and manage messages through multiple communication channels such as SMS, voice, email, social media, and fax. The platform also allows users to create curriculums, surveys, systems generated auto replies, and webhooks. The company serves several industries which include media and advertising, disaster readiness and risk reduction, business process outsourcing (BPO), and fast moving consumer goods (FMCG). The company was incorporated in 2013 and is based in Cebu City, the Philippines. The company has additional offices in Manila, the Philippines; Grandville, Michigan; and Kowloon, Hong Kong.

Spiralytics

Series A in 2017
Spiralytics Inc. offers digital marketing services. The company also offers lead generation, inbound marketing, content marketing, mobile marketing, search engine optimization, online and social media advertising, analytics and optimization, web and graphic design, corporate branding, and website development services. The company is based in Makati, the Philippines. The company has satellite offices in Topsfield, Massachusetts; Nottingham, United Kingdom; and Sevilla, Spain.

Adatos A.I

Venture Round in 2017
Adatos builds and deploys elegant, prize-winning Data Intelligence solutions tailor-made for the private sector. Combining over three decades of extensive experience in Intelligence Analytic Tradecraft with advanced Deep Learning technology, Adatos delivers scale and consistent outperformance of industry benchmark metrics to valued clients in the Financial Services and Insurance industries. Our key applications lie in Customer Microsegmentation and Financial Portfolio Optimization. Adatos is a venture-backed technology company headquartered in Singapore, with a wholly-owned subsidiary in the US servicing select clients. Adatos is currently operating in Singapore, Japan, Hong Kong, Malaysia, Indonesia and the Philippines.

GrowSari

Seed Round in 2017
Operator of a B2B e-commerce marketplace intended to help shop owners digitally procure goods for their stores by eliminating middlemen. The company's marketplace uses technology to connect stores directly to the companies and facilitates owners to add new types of products to sell including mobile top-ups, remittances, and banking services, enabling stores or small neighborhood retail shop owners to save costs and understand market trends.

Bridge Southeast

Seed Round in 2017
Bridge Southeast Asia is a People Technology Startup Company for growing and changing companies that provides a range of HR Solutions to improve the workplace, and make work-life more rewarding for employees to some of the fastest-growing companies in the region, including The Coffee Bean & Tea Leaf, Lazada, OLX, and Microsoft. We were recently recognized as one of the Top 10 HR Solution Providers in APAC by international magazine HR Tech Outlook. We combine the benefits of new best practices and practical technology to create innovations that improve the workplace, and make work-life more rewarding for employees. With services that include Recruitment and Fully-Managed Payroll under Bridge People Solutions and an amazing benefits platform called Bridge Access.

Kalibrr

Series A in 2017
Kalibrr is a recruitment business innovating services and technologies to help companies consistently recruit the best talent. They achieve recruitment transformations through an end-to-end portfolio of services including a premium jobs portal, world-class recruitment system, employer branding and powerful online assessments. Founded by Paul Rivera and Dexter Ligot-Gordon in January 2012, Kalibrr had received a significant in seed funding from Sillicon Valley startup incubators and investors such as; Kickstart Ventures, eBay's Pierre Omidyar, Globe Telecom's, Sillicon Valley Y Combinator and Filipino Angel investor Nix Nolledo of Xurpas.

Coins.ph

Series A in 2016
Coins.ph Pte. Ltd. is a financial technology company based in Pasig City, Philippines, founded in 2014. It offers a mobile wallet that enables consumers and small businesses to access a range of financial services, including money transfers, bill payments, phone loading, and buying or selling cryptocurrencies like Bitcoin. The platform also facilitates local and international remittances, game credits, and online shopping, leveraging blockchain technology to enhance accessibility and streamline transactions. Additionally, Coins.ph provides services such as ATM cash pickup and merchant solutions, making financial services more convenient and user-friendly through mobile devices. The company operates as a subsidiary of PT Go-Jek Indonesia.

Doxcheck

Venture Round in 2016
Doxcheck Inc. is a technology company focused on addressing the challenges of credentials and identity fraud through its innovative document verification system. Launched in 2012, Doxcheck has developed a unique proprietary platform that allows for secure centralized online verification and authentication of documents. This system protects issuers from counterfeiters while enabling fast and accurate verification for document recipients. The company has demonstrated success with institutional issuers of high-value documents and has expanded its offerings to include Doxcheck Professional, catering to various professional groups. By providing a multitier approval process and the ability to upload and store documents in a centralized portal, Doxcheck aims to set a new global standard in identity verification, striving to eliminate credentials and identity fraud in the future.

Stylist in Pocket

Seed Round in 2016
Stylist in Pocket is a personal online styling service for women and men.

Ayannah

Series A in 2015
Ayannah is a leading provider of digital financial services to the world's emerging middle class, most of whom are migrants or unbanked coming from the base of the pyramid. For unbanked residents in emerging markets, they provide affordable and accessible digital commerce and payment services to spur financial inclusion and literacy, and give access to products and services that improve quality of life. For unbanked migrants, they provide greater control over their hard-earned remittances by helping them find better ways to support their beneficiaries in their home countries. They have built and operate a stack of innovative digital financial services from payments, commerce and analytics on the social and mobile web. They have enabled millions of online and mobile transactions. They have a great team of seasoned veterans and young innovators in web and mobile application development. More importantly, they have a growing and loyal customer base around the world providing us with recurring and quality revenue streams.

Coins.ph

Venture Round in 2015
Coins.ph Pte. Ltd. is a financial technology company based in Pasig City, Philippines, founded in 2014. It offers a mobile wallet that enables consumers and small businesses to access a range of financial services, including money transfers, bill payments, phone loading, and buying or selling cryptocurrencies like Bitcoin. The platform also facilitates local and international remittances, game credits, and online shopping, leveraging blockchain technology to enhance accessibility and streamline transactions. Additionally, Coins.ph provides services such as ATM cash pickup and merchant solutions, making financial services more convenient and user-friendly through mobile devices. The company operates as a subsidiary of PT Go-Jek Indonesia.

ZAP Group

Seed Round in 2015
ZAP has helped over 800 merchants launch their own customized loyalty program. Merchants have the option for a card or mobile based loyalty program where they are able to customize their mechanics, build a database of members, and use data to create specific promotions for customers.

Doxcheck

Seed Round in 2015
Doxcheck Inc. is a technology company focused on addressing the challenges of credentials and identity fraud through its innovative document verification system. Launched in 2012, Doxcheck has developed a unique proprietary platform that allows for secure centralized online verification and authentication of documents. This system protects issuers from counterfeiters while enabling fast and accurate verification for document recipients. The company has demonstrated success with institutional issuers of high-value documents and has expanded its offerings to include Doxcheck Professional, catering to various professional groups. By providing a multitier approval process and the ability to upload and store documents in a centralized portal, Doxcheck aims to set a new global standard in identity verification, striving to eliminate credentials and identity fraud in the future.

Four Eyes

Seed Round in 2014
They offer quality eyewear at the most affordable rates through their eCommerce store to the Filipino consumers. Prescription glasses, sunglasses, computer glasses can be tried at home using their Home Try-On feature, or through their website using the Virtual Try-On feature. They own the supply chain - from assembly to delivery of the end product.

Ayannah

Seed Round in 2014
Ayannah is a leading provider of digital financial services to the world's emerging middle class, most of whom are migrants or unbanked coming from the base of the pyramid. For unbanked residents in emerging markets, they provide affordable and accessible digital commerce and payment services to spur financial inclusion and literacy, and give access to products and services that improve quality of life. For unbanked migrants, they provide greater control over their hard-earned remittances by helping them find better ways to support their beneficiaries in their home countries. They have built and operate a stack of innovative digital financial services from payments, commerce and analytics on the social and mobile web. They have enabled millions of online and mobile transactions. They have a great team of seasoned veterans and young innovators in web and mobile application development. More importantly, they have a growing and loyal customer base around the world providing us with recurring and quality revenue streams.

ZAP Group

Venture Round in 2014
ZAP has helped over 800 merchants launch their own customized loyalty program. Merchants have the option for a card or mobile based loyalty program where they are able to customize their mechanics, build a database of members, and use data to create specific promotions for customers.

Kalibrr

Seed Round in 2013
Kalibrr is a recruitment business innovating services and technologies to help companies consistently recruit the best talent. They achieve recruitment transformations through an end-to-end portfolio of services including a premium jobs portal, world-class recruitment system, employer branding and powerful online assessments. Founded by Paul Rivera and Dexter Ligot-Gordon in January 2012, Kalibrr had received a significant in seed funding from Sillicon Valley startup incubators and investors such as; Kickstart Ventures, eBay's Pierre Omidyar, Globe Telecom's, Sillicon Valley Y Combinator and Filipino Angel investor Nix Nolledo of Xurpas.

Ayannah

Seed Round in 2013
Ayannah is a leading provider of digital financial services to the world's emerging middle class, most of whom are migrants or unbanked coming from the base of the pyramid. For unbanked residents in emerging markets, they provide affordable and accessible digital commerce and payment services to spur financial inclusion and literacy, and give access to products and services that improve quality of life. For unbanked migrants, they provide greater control over their hard-earned remittances by helping them find better ways to support their beneficiaries in their home countries. They have built and operate a stack of innovative digital financial services from payments, commerce and analytics on the social and mobile web. They have enabled millions of online and mobile transactions. They have a great team of seasoned veterans and young innovators in web and mobile application development. More importantly, they have a growing and loyal customer base around the world providing us with recurring and quality revenue streams.

Ardent Capital

Series A in 2013
Ardent Capital is a team of experienced entrepreneurs with a history of successful exits throughout Southeast Asia and globally. We bring together all the key elements required to create great companies: Team, Strategy, Operations, Marketing, Technology, Capital, and Passion. We are thrilled and privileged to be participating in a technology revolution sweeping the region.

Ayannah

Seed Round in 2012
Ayannah is a leading provider of digital financial services to the world's emerging middle class, most of whom are migrants or unbanked coming from the base of the pyramid. For unbanked residents in emerging markets, they provide affordable and accessible digital commerce and payment services to spur financial inclusion and literacy, and give access to products and services that improve quality of life. For unbanked migrants, they provide greater control over their hard-earned remittances by helping them find better ways to support their beneficiaries in their home countries. They have built and operate a stack of innovative digital financial services from payments, commerce and analytics on the social and mobile web. They have enabled millions of online and mobile transactions. They have a great team of seasoned veterans and young innovators in web and mobile application development. More importantly, they have a growing and loyal customer base around the world providing us with recurring and quality revenue streams.

Morphlabs

Venture Round in 2011
Morphlabs delivers efficient computing based on optimized cloud architecture. Its mCloud Solutions enable them to provide the most cost-effective platform for delivering cloud infrastructure and maximizing productivity for network administrators and software developers empowering everyone to join the cloud revolution. As passionate members of the evolving cloud ecosystem, they combine open-source software, commodity hardware, and their years of experience in disruptive technology innovation to ensure that businesses of all sizes can innovate and compete. Founded by industry pioneers, Morphlabs is headquartered in Los Angeles, with operations in the Philippines, Japan, and Australia.

MoAnima, Inc.

Venture Round in 2010
MoAnima, Inc. specializes in motion capture cleanup and animation editing services for the video game and film industries. Founded in 2008 and located in Makati City, Philippines, the company offers comprehensive production and support services for full body, face, and hand motion capture. With a commitment to delivering high-quality results in a timely manner, MoAnima has collaborated with major video game developers, contributing to projects that enhance the gaming experience. The company’s focus on innovative motion and animation technology drives its mission to provide competitive services that meet the demanding needs of its clients.

Exist

Venture Round in 2006
Exist Global, Inc. is an outsourced software development company based in Manila, Philippines, with additional offices in Cebu City and Marina del Rey, California. Founded in 2001, the company specializes in providing comprehensive software development services, including lifecycle development for independent software vendors (ISVs) and enterprises. Exist offers a range of services such as architecture and design consulting, application development, independent quality assurance, application maintenance, and technical support. The company serves various industries, including retail, banking, finance, and healthcare, focusing on delivering tailored solutions that are both rapid and cost-efficient. With a workforce of over 150 employees, Exist has established a presence in the Asia Pacific, Australia, and the United States, drawing on its expertise in technology and open-source development to meet client needs effectively.

Information Gateway

Venture Round in 2003
Information Gateway, Inc. is one of the largest regional providers of mobile entertainment content which includes music and ringtones, images, games, videos, news alerts, chat and other networking content and services in Southeast Asia.

PLDT

Venture Round in 2002
PLDT provides telecommunication products and services in the Philippines. As of December 31, 2009, PLDT served 41 million subscribers.

Chikka

Venture Round in 2002
Chikka is a wireless applications and services provider, designing and powering mobile instant messaging, mobile email, mobile payments via airtime credits transfer, Free-Reply SMS as well as Collect SMS, and mobile content. The company provides various mobile applications to extend and enhance the web experience of online communities. Founded as Chikka.com in 2000, the company's flagship is Chikka Text Messenger, an online instant messenger that integrates mobile features via SMS. On its fourth version release today, the Chikka Messenger supports free SMS delivery to mobile phones in 9 countries including the US, UK, Italy, India, Hong Kong and the Philippines; MMS delivery from a computer to mobile phones and is interoperable with Google Talk. The company also recently released the web version of the Chikka Text Messenger which can be accessed in Chikka.com and also sends SMS to an expanded list of mobile networks worldwide. The Chikka Text Messenger for the web is compatible with other major IM networks including Yahoo!, MSN, Google Talk, and ICQ. Chikka is a CMMI Maturity Level 5 organization with one or more services live in over 30 mobile operators in 17 countries. Chikka is distinguished by the high and universal utility of its products, generating and sustaining mobile value-added service revenues that have made it both sensible and strategic for network operators to partner with Asia’s premier mobile enabler.