# IdeaSpace Foundation

> IdeaSpace Foundation is a VC fund in Makati backing Software and Travel. See 24 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Makati, Philippines
- Total investments: 24
- Last investment: Oct 2023
- Lead investor: 17%
- Last fund: Mar 2012
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ideaspace-foundation-inc-/
- X (Twitter): http://twitter.com/ideaspaceph
- Website: http://ideaspacefoundation.org/
- Facebook: http://www.facebook.com/ideaspaceph

IdeaSpace Foundation is a non-profit foundation, providing startups the support needed at critical phases. Its aim is to develop and nurture innovation and entrepreneurship by delivering a support program to local technopreneurs who bear ideas that exhibit potential as an investment and the foundation for nation-building.IdeaSpace Foundationruns an incubator and accelerator program to support technology entrepreneurs in the Philippines and for the global market through partnerships between the MVP group of companies and global technology companies. It is supported by companies such as First Pacific, Metro Pacific Investments Corporation, Metro Pacific Tollways Corporation, MPIC hospital group, Philippine Long Distance Telephone Company, Meralco, Smart Communications, Digitel, Sun Cellular, SPI Global, ePLDT, Indofood, Philex Mining, Maynilad, MediaQuest, and TV5.IdeaSpace Foundation was founded in 2012 by

## Contacts

5 contacts available for IdeaSpace Foundation. Shizune tracks 3 team members at IdeaSpace Foundation. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ideaspace-foundation-inc?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 11 | 46% |
| Travel | 3 | 13% |
| Human Resources | 3 | 13% |
| Information Technology | 3 | 13% |
| AgTech | 2 | 8% |

53 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 15 | 63% |
| Pre-Seed | 7 | 29% |
| Grant | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Philippines | 20 | 83% |
| Singapore | 1 | 4% |
| United States | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Rene "Butch" Meily | President | 3 | — |
| Dustin Masancay | Associate Director | 0 | — |
| Katrina Rausa Chan | Associate Director | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| EDGE Tutor | EDGE Tutor offers high-quality online tutors, boasting an acceptance rate of less than 5%. These engaged and competitively priced tutors are made available to tutoring companies across 20+ countries in the Americas, Europe, and the Asia-Pacific region. | $845K | Seed | Oct 17, 2023 |  |
| Payday Today | Payday Today is a financial platform that provides users access to the wage access program within the GoodKredit platform. | $17.2K | Seed | Jul 01, 2023 |  |
| MAYANI | The Philippines' fastest-growing farm-to-table platform connecting over 60,000 smallholder farmers to consumers, both retail and commercial. Powers the agri-supply chain of Shell, Robinsons, WalterMart, Ayala Foundation, Healthy Options, PT Mayora Indah, UCC Group, etc. Backed by ADB and 1st venture investment in the Philippines of AgFunder -world's most active agtech VC based in Silicon Valley.https://www.youtube.com/watch?v=WPRP-2xaylc&t=65s | $1.7M | Seed | Jan 17, 2023 |  |
| Packworks | Packworks is a Philippines-based ERP, fintech, and data platform. Their mission is to be the Square of South East Asia by helping millions of micro-entrepreneurs across the region grow their business by empowering them with business tools, access to financial products, and fast-moving consumer goods companies. | $2M | Seed | Jul 27, 2022 |  |
| Fitscovery | Fitscovery offers a platform where fitness vendors can build their businesses and find, connect, and transact with fitness consumers. They engaged to help gym owners and trainers grow their businesses. Their platform is designed for workout trainers and fitness studios. | $17.8K | Seed | Jul 18, 2022 |  |
| Twala | Twala provides legally binding, and secure electronic signature solution. | $18.9K | Pre-Seed | Jun 10, 2022 |  |
| Betterteem AI® | Betterteem is a Retention Intelligence platform that predicts resignations up to six months in advance and automatically triggers tailored interventions — from manager check-ins to workload shifts, upskilling, and wellness support — combining AI and behavioral science to help companies prevent attrition before it happens. |  | Pre-Seed | Mar 01, 2022 |  |
| FlowerStore Group | FlowerStore group aims to be largest gifting e-commerce company in Southeast Asia |  | Seed | Nov 11, 2021 |  |
| 1Export | 1Export is a tech-enabled exporting company that provides one-stop end-to-end services to any and all trading businesses. | $800K | Seed | Sep 15, 2021 |  |
| Betterteem AI® | Betterteem is a Retention Intelligence platform that predicts resignations up to six months in advance and automatically triggers tailored interventions — from manager check-ins to workload shifts, upskilling, and wellness support — combining AI and behavioral science to help companies prevent attrition before it happens. | $25K | Pre-Seed | Aug 05, 2021 |  |

10 of 24 investments shown.

## Co-investors
- [Buko Ventures](https://shizune.co/investors/profile/buko-ventures) — VC Fund, 2 deals together
- [Manila Angel Investors Network](https://shizune.co/investors/profile/manila-angel-investors-network) — VC Fund, 2 deals together
- [M Venture Partners (MVP)](https://shizune.co/investors/profile/3t-venture-capital-partners) — VC Fund, 1 deal together
- [Abenson](https://shizune.co/investors/profile/abenson) — VC Fund, 1 deal together
- [Accelerating Asia](https://shizune.co/investors/profile/accelerating-asia) — VC Fund, 1 deal together
- [ADB Ventures](https://shizune.co/investors/profile/adb-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does IdeaSpace Foundation invest in?

IdeaSpace Foundation invests primarily in Software, Travel and Human Resources startups, most often at Seed and Pre-Seed stage. Most of the 24 investments tracked by Shizune back companies in Philippines. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact IdeaSpace Foundation?

Public channels for IdeaSpace Foundation include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at IdeaSpace Foundation?

The team at IdeaSpace Foundation includes Rene "Butch" Meily (President), Dustin Masancay (Associate Director) and Katrina Rausa Chan (Associate Director). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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