Wavemaker Partners

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.

Joel Ang

Senior Associate and Vice President of Investment

Harold Au

Investment Manager

Buck Jordan

Managing Partner

Gavin Lee

General Partner

Eric Manlunas

Founder and Managing Partner

Paul Santos

Founding Partner

John-Marshall Stubbs

Principal

Ajay Taunk

Associate

Past deals in Philippines

Maria Health

Venture Round in 2021
Maria Health operates an online health insurance marketplace aimed at improving access to healthcare in the Philippines. The platform allows individuals, startups, and small to medium enterprises to compare a variety of premium and prepaid health plans from multiple providers. By providing a straightforward way for users to evaluate their options, Maria Health seeks to make healthcare more accessible and ensure that everyone has the opportunity to find a plan that meets their needs.

ZuBlu

Funding Round in 2021
ZuBlu Ltd. is a travel platform focused on scuba diving and underwater adventure travel in Asia, providing users with the ability to search, compare, and book experiences at over 600 eco-friendly resorts, liveaboards, and operators. The platform offers detailed information about a variety of marine life, including rays, sharks, and turtles, as well as resources for learning to dive and photography opportunities in stunning locations. Key destinations include Indonesia, Malaysia, the Maldives, the Pacific, the Philippines, the Red Sea, and Thailand. Founded in 2017 and headquartered in Wan Chai, Hong Kong, ZuBlu aims to streamline the dive travel experience, making it easier and more accessible for enthusiasts to find and plan their ideal underwater adventures.

ZuBlu

Seed Round in 2020
ZuBlu Ltd. is a travel platform focused on scuba diving and underwater adventure travel in Asia, providing users with the ability to search, compare, and book experiences at over 600 eco-friendly resorts, liveaboards, and operators. The platform offers detailed information about a variety of marine life, including rays, sharks, and turtles, as well as resources for learning to dive and photography opportunities in stunning locations. Key destinations include Indonesia, Malaysia, the Maldives, the Pacific, the Philippines, the Red Sea, and Thailand. Founded in 2017 and headquartered in Wan Chai, Hong Kong, ZuBlu aims to streamline the dive travel experience, making it easier and more accessible for enthusiasts to find and plan their ideal underwater adventures.

Sprout Solutions

Series A in 2019
Sprout is a payroll and HR software provider, focusing on emerging markets. Sprout fully automates timekeeping and attendance, replacing spreadsheets and printed forms with biometrics, single-click processing, and prescriptive analytics. Sprout has strong traction in the Philippines and a growing presence in Singapore and Indonesia.

Sprout Solutions

Seed Round in 2018
Sprout is a payroll and HR software provider, focusing on emerging markets. Sprout fully automates timekeeping and attendance, replacing spreadsheets and printed forms with biometrics, single-click processing, and prescriptive analytics. Sprout has strong traction in the Philippines and a growing presence in Singapore and Indonesia.

Sprout Solutions

Seed Round in 2017
Sprout is a payroll and HR software provider, focusing on emerging markets. Sprout fully automates timekeeping and attendance, replacing spreadsheets and printed forms with biometrics, single-click processing, and prescriptive analytics. Sprout has strong traction in the Philippines and a growing presence in Singapore and Indonesia.

Maria Health

Seed Round in 2017
Maria Health operates an online health insurance marketplace aimed at improving access to healthcare in the Philippines. The platform allows individuals, startups, and small to medium enterprises to compare a variety of premium and prepaid health plans from multiple providers. By providing a straightforward way for users to evaluate their options, Maria Health seeks to make healthcare more accessible and ensure that everyone has the opportunity to find a plan that meets their needs.

engageSPARK

Seed Round in 2017
engageSPARK Limited operates an online platform that allows users to create and manage interactive voice messaging (IVR) and two-way SMS campaigns. Founded in 2013 and based in Cebu City, Philippines, with additional offices in Manila, Grandville, and Kowloon, the platform enables users to send, receive, and manage messages across multiple channels, including SMS, voice, email, social media, and fax. engageSPARK's services are particularly beneficial for NGOs and governments aiming to enhance their social change initiatives, as well as businesses seeking to expand their customer base and conduct targeted research. The platform supports the creation of various tools such as surveys, educational curriculums, automated replies, and webhooks, making it accessible for non-technical users to launch sophisticated campaigns. With the ability to reach over 200 countries, engageSPARK empowers users to disseminate information and gather data efficiently from mobile phone users worldwide.

Kalibrr

Series A in 2017
Kalibrr, Inc. is a recruitment platform based in Makati City, Philippines, that offers online job listing and recruitment services tailored for both job seekers and employers. Founded in 2012 by Paul Rivera and Dexter Ligot-Gordon, Kalibrr provides a comprehensive range of job search services across various sectors, including accounting, IT, healthcare, and more, catering to different experience levels from internships to executive positions. The platform leverages advanced technology and artificial intelligence to enhance the hiring process, enabling employers to efficiently build strong relationships with candidates. Kalibrr has attracted significant investment from prominent Silicon Valley incubators and local investors, positioning itself as a key player in the recruitment industry in the Philippines.

Four Eyes

Seed Round in 2014
Four Eyes is an online optical retailer that provides quality eyewear at affordable prices to Filipino consumers. The company offers a wide range of products, including prescription glasses, sunglasses, and computer glasses. Customers can utilize the Home Try-On feature to test a selection of frames at home or use the Virtual Try-On feature on the website to see how the glasses will look before making a purchase. Four Eyes manages its entire supply chain, from assembly to delivery, ensuring a seamless experience for its customers.

ZAP Group

Venture Round in 2014
ZAP Group, Inc., founded in 2012 and based in Pasig, Philippines, specializes in loyalty programs for businesses. The company has assisted over 800 merchants in creating customized loyalty solutions, offering both card and mobile-based options. Merchants can tailor the mechanics of their programs, build a member database, and leverage data analytics to develop targeted promotions for their customers. By providing these tools, ZAP Group enables businesses to enhance customer engagement and drive sales through effective loyalty strategies.

Kalibrr

Seed Round in 2013
Kalibrr, Inc. is a recruitment platform based in Makati City, Philippines, that offers online job listing and recruitment services tailored for both job seekers and employers. Founded in 2012 by Paul Rivera and Dexter Ligot-Gordon, Kalibrr provides a comprehensive range of job search services across various sectors, including accounting, IT, healthcare, and more, catering to different experience levels from internships to executive positions. The platform leverages advanced technology and artificial intelligence to enhance the hiring process, enabling employers to efficiently build strong relationships with candidates. Kalibrr has attracted significant investment from prominent Silicon Valley incubators and local investors, positioning itself as a key player in the recruitment industry in the Philippines.

Morphlabs

Venture Round in 2011
Morphlabs specializes in delivering cloud-based services through optimized cloud architecture, focusing on private cloud deployment. The company's mCloud Solutions provide cost-effective platforms designed for network administrators and software developers, ensuring that businesses of all sizes can harness the benefits of cloud technology. By leveraging open-source software and commodity hardware, Morphlabs aims to empower clients to maintain control and security over their cloud infrastructure while maximizing productivity. Founded by industry pioneers, the company is headquartered in Los Angeles, with additional operations in the Philippines, Japan, and Australia. Through its disruptive technology innovation, Morphlabs positions itself as a valuable partner in the evolving cloud ecosystem.

PLDT

Venture Round in 2002
PLDT Inc. is a leading telecommunications company in the Philippines, operating in three main segments: Wireless, Fixed Line, and Others. The company offers a wide range of services, including cellular mobile and Internet broadband distribution, fixed line telecommunications, and various IT-related services such as data analytics and IT consulting. PLDT also provides managed IT outsourcing, internet-based purchasing, and customer rewards programs. As of December 31, 2019, the company had over 73 million mobile broadband subscribers, along with significant fixed line and broadband subscriber bases. In addition to its core telecommunications offerings, PLDT has formed strategic partnerships to enhance its service portfolio, including a collaboration with Rocket Internet SE to develop online and mobile payment solutions. Founded in 1928 and headquartered in Makati City, PLDT has evolved from its original name, Philippine Long Distance Telephone Company, to its current identity as a comprehensive provider of telecommunications and information technology services.

Chikka

Venture Round in 2002
Chikka is a provider of wireless applications and services, specializing in mobile instant messaging, mobile email, and mobile payment solutions through airtime credits transfer. Established in 2000, the company is best known for its flagship product, Chikka Text Messenger, which allows users to send free SMS to mobile phones across multiple countries, including the US, UK, Italy, India, Hong Kong, and the Philippines. The latest version of Chikka Messenger supports multimedia messaging service (MMS) from computers to mobile phones and is compatible with major instant messaging networks such as Google Talk, Yahoo!, and MSN. Chikka has successfully deployed its services with over 30 mobile operators in 17 countries, positioning itself as a significant player in the mobile value-added service sector. The company's focus on enhancing the mobile experience has made it a strategic partner for network operators in Asia, as it continues to innovate in the mobile communications landscape.
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