Foxmont Capital Partners

Foxmont Capital Partners is a venture capital firm established in 2018 and located in Makati, Philippines. The firm specializes in investing in early-stage technology startups that are either focused on the Philippines or founded by Filipinos. Foxmont Capital Partners aims to support Filipino entrepreneurs by providing them with capital, access to a robust network, and assistance throughout various stages of their business development.

Kenneth Albolote

Venture Partner

Jacob Cue

Investments Associate

Jelmer David Ikink

Co-Founder and General Partner

Aerin Lao

Analyst

Catrina Magsadia

Analyst

Jesse Maxwell

Co-Founder and Partner

Francisco Sibal

Director, Portfolio Management

Franco Varona

Managing Partner

Past deals in Philippines

Shoppable Business

Pre Seed Round in 2023
Shoppable Business is a B2B e-commerce marketplace based in the Philippines, designed to streamline procurement for businesses of all sizes. By offering a platform that connects buyers with sellers of authentic branded products across various categories, Shoppable Business aims to enhance supply chain efficiency in Southeast Asia. The company provides an integrated suite of tools, including logistics services, financial products, and e-commerce solutions, enabling clients to manage purchasing, sales, and supplier discovery seamlessly. Its flagship offerings include Shoppable Business, which focuses on IT equipment and business supplies, and Quotable AI, a user-friendly software that simplifies the quotation and procurement process for micro, small, and medium enterprises. By addressing the unmet needs of its customers and continually expanding its product range, Shoppable Business seeks to empower B2B buyers and sellers to engage in digital, paperless transactions, making procurement an effortless aspect of their operations.

PICKUP Coffee

Series A in 2023
PickUp Coffee is a start-up based in Taguig, Philippines, focused on enhancing the accessibility of espresso and milk-based beverages. The company provides a range of premium coffee options, including espressos, cappuccinos, hot dark mochas, brown sugar boba milk, iced Americanos, and golden turmeric lattes. By operating coffee shops, PickUp Coffee enables customers to purchase high-quality beverages at fair prices, thereby catering to a diverse clientele seeking premium coffee solutions.

Edamama

Series A in 2022
Edamama is a Philippine-based e-commerce platform that caters specifically to mothers, offering a wide range of baby and parenting products. The platform simplifies decision-making for parents by providing an extensive selection of items including diapers, wipes, safety products, breastfeeding accessories, bathing and grooming supplies, and educational materials. Additionally, Edamama offers a diaper subscription service, allowing parents to conveniently receive essential childcare products in one place. This comprehensive approach aims to support parents in managing their childcare needs effectively.

SariSuki

Venture Round in 2022
SariSuki is an online marketplace that facilitates community buying and selling of grocery items, aiming to make fresh and affordable groceries accessible to local neighborhoods. Founded in 2019 in Quezon City, Philippines, by Brian Cu, Philippe Lorenzo, and Angelo Lee, SariSuki allows customers to order everyday essentials from home without incurring hidden fees. The platform promotes local entrepreneurship by enabling individuals to become online grocery sellers within their communities, thereby enhancing access to essential goods while supporting local economies. Through its delivery system, SariSuki ensures that products are delivered safely and efficiently, catering to the needs of consumers looking for convenience and affordability in their grocery shopping.

Peddlr

Pre Seed Round in 2021
Peddlr is a free mobile point-of-sale (POS) application designed to assist micro and small businesses in the Philippines and Southeast Asia in transitioning to the digital realm. The platform simplifies business management by offering essential features such as offline functionality, inventory management, expense tracking, and reporting tools. By providing these resources at no cost, Peddlr empowers entrepreneurs to effectively manage their operations, increase profitability, and enhance their overall business performance.

Prosperna

Seed Round in 2021
Prosperna is a prominent eCommerce platform tailored for Philippine businesses, specifically targeting micro, small, and medium enterprises (MSMEs). The company offers an affordable and user-friendly software-as-a-service (SaaS) solution that enables businesses to establish online stores without the need for coding. Prosperna's platform encompasses a comprehensive suite of tools, including a landing page builder, customer relationship management (CRM) features, and an online payment portal. This all-in-one approach allows MSMEs to effectively market and sell their products across various channels, facilitating growth and operational efficiency in the competitive online marketplace.

Edamama

Seed Round in 2021
Edamama is a Philippine-based e-commerce platform that caters specifically to mothers, offering a wide range of baby and parenting products. The platform simplifies decision-making for parents by providing an extensive selection of items including diapers, wipes, safety products, breastfeeding accessories, bathing and grooming supplies, and educational materials. Additionally, Edamama offers a diaper subscription service, allowing parents to conveniently receive essential childcare products in one place. This comprehensive approach aims to support parents in managing their childcare needs effectively.

AHG Lab

Seed Round in 2021
AHG Lab is a prominent independent venture builder based in the Philippines, dedicated to empowering entrepreneurs and startup founders. The company focuses on creating impactful ventures, particularly in the real estate sector, and provides comprehensive support across various domains, including eCommerce solutions, education ecosystems, and real estate marketplace optimization. By offering end-to-end services in back-office operations, marketing, finance, tech development, and fundraising, AHG Lab enables founders to concentrate on growing their businesses. Its unique hands-on approach fosters synergistic relationships within its ecosystem, significantly enhancing the chances of success for its ventures and partners.

AHG Lab

Pre Seed Round in 2020
AHG Lab is a prominent independent venture builder based in the Philippines, dedicated to empowering entrepreneurs and startup founders. The company focuses on creating impactful ventures, particularly in the real estate sector, and provides comprehensive support across various domains, including eCommerce solutions, education ecosystems, and real estate marketplace optimization. By offering end-to-end services in back-office operations, marketing, finance, tech development, and fundraising, AHG Lab enables founders to concentrate on growing their businesses. Its unique hands-on approach fosters synergistic relationships within its ecosystem, significantly enhancing the chances of success for its ventures and partners.

Booky

Seed Round in 2019
Booky is a leading food and lifestyle application in the Philippines that enables users to discover and make reservations at various venues, including restaurants, gyms, salons, and spas. The app allows users to search for dining options even when offline, ensuring a fast and efficient experience. Additionally, Booky offers discount coupons at partner establishments, enhancing the user experience while promoting local businesses. With a focus on providing access to the newest dining spots and lifestyle services, Booky caters to a wide audience looking for convenient and accessible ways to explore and enjoy their surroundings.

Edukasyon.ph

Series A in 2019
Edukasyon.ph is an education technology platform based in the Philippines that aims to enhance learning accessibility for over 8 million learners annually. Founded in 2015 and headquartered in Manila, Edukasyon offers three key products: Edge Tutor, Empower, and Explore. Edge Tutor provides a fully online tutoring service, delivering high-quality academic support to K-12 students through personalized sessions in subjects like Math, English, and Filipino. Empower partners with educational institutions and corporations to equip youth with essential information and life skills, helping them navigate their educational and career paths. Explore is a free online resource that connects students to senior high schools, colleges, scholarships, internships, and various learning opportunities. Edukasyon.ph has gained recognition for its contributions to education, including awards for sustainable development and social entrepreneurship. The platform's mission is to democratize education and support students in achieving their academic and career aspirations.
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