During the early stages of its Opportunity Fund, IdeaSpace first invested in Coins.ph for Php1 million, eventually netting a 5x return after the startup was acquired by Indonesian tech platform provider Go-Jek. Since that initial investment, IdeaSpace has deployed its resources to its portfolio startups, which include 1Export, Experience Philippines, Cocotel, Airship, TimeFree Innovations, and to startups outside of the IdeaSpace network such as Acudeen and Qwikwire.
Today, the Opportunity Fund aims to cater to early stage to pre-series A startups, particularly to founders who may be looking for funding to help make key business and strategic decisions.
IdeaSpace evaluates startups in areas such as business model, traction, financials, and team competencies.
1Export is a tech-enabled exporting company that provides a one-stop end-to-end exporting platform that provides services to any and all trading businesses around the world.
Airship is ready-to-use, low-cost end-to-end solution built for courier companies to help them manage their day-to-day operations.
Cocotel is a tech-hotel brand and aggregator of hotels located at getaway destinations in the Philippines
Experience PH is a community travel platform that offers themed experiences that are fun, memorable, and gamified.
Mosaic Solutions provides profit optimization solutions for the Asian hospitality industry – inventory management, point of sale, purchasing, and analytics.
Qwikwire provides large enterprises specialized payments solutions that makes it easier to collect payments from all over the world. They specialize in complex cross-border payments.
TimeFree is a virtual queuing solutions company that helps businesses access actionable data to streamline store operations for better efficiency and enhance staff productivity.
To learn more about the Opportunity Fund criteria and apply for funding, contact our Opportunity Fund coordinator.