# Miguel Encarnacion

> Miguel Encarnacion is a seed investor at Unifier Ventures backing Software. See 15 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Unifier Ventures](https://shizune.co/investors/profile/unifier-ventures)
- Location: Berlin, Germany
- Total investments: 15
- Last investment: Nov 2023
- Lead investor: 7%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/miguelencarnacion/

Miguel Encarnacion is a seed investor at Unifier Ventures in Berlin focused on Software and Information Technology. Miguel Encarnacion

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $360k–$4.2M |
| Pre-Seed | $1.1M–$1.2M |
| Series A | $3M–$18M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 40% |
| Information Technology | 5 | 33% |
| Artificial Intelligence | 4 | 27% |
| Internet | 3 | 20% |
| E-Commerce | 3 | 20% |

35 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 33% |
| Series A | 4 | 27% |
| Pre-Seed | 2 | 13% |
| Series B | 2 | 13% |
| Series C | 1 | 7% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Philippines | 4 | 27% |
| United States | 4 | 27% |
| Singapore | 3 | 20% |
| Germany | 1 | 7% |
| United Kingdom | 1 | 7% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Etaily | Etaily provides brands with a complete solution to digital transformation through to a simple e-commerce platform, utilizing the products and services housed within its four pillars.The four pillars make up our completely end-to-end e-commerce solution with products and services across: technology, operations, digital brand services and data allunder one roof. Brands also have an opportunity to choose modular elements of our end-to-end offering to resolve specific skill gaps within their e-commerce infrastructure. | $17.8M | Series A | Nov 13, 2023 |  |
| Swarm | Swarm is a social network that enables fractional tech professionals to build their network, stay top of mind by helping each other, and sustain referrals by sharing revenue with those who facilitate introductions. | $1.1M | Pre-Seed | Nov 08, 2023 |  |
| Enstack | Enstack is a SME app that provides entrepreneurs with all operational, logistical, and financial tools they need in a single platform. With its accounting, inventory tools, and built-in reports, the company's program enables small and medium businesses to understand and run their businesses better by allowing them to manage orders, maintaininventory, get paid, ship goods, and record daily business activities.Enstack was established in 2021 in Manila, Philippines. | $3M | Series A | Mar 02, 2023 |  |
| Devyce | Devyce creates a VoIP operating system that offers communication system with flexibility, scalability, and dependability. The company was founded by Leo Bartle, Nicholas Browne, and Edward Clayton in 2020 and is headquartered in London, England, United Kingdom. | $4.2M | Seed | Feb 28, 2023 |  |
| Propseller | Propseller is a real estate agency that offers property owners a reliable way to sell by combining in-house agents with technology. The company's platform is able to tell users the likelihood of conversion each step of the way. It enables consumers to sell their properties with commission rates as low as 1 percent, or half the market rate.Propseller's mission is to make real estate transactions more efficient and data-driven for sellers and buyers alike.The company was founded in 2018 by Adrien Jorge and is headquartered in Singapore. | $12M | Series A | Aug 29, 2022 |  |
| Otis AI | Otis AI (meetotis.com) is the AI digital advertiser for growing businesses and agencies—automating ad campaign management across Meta, Google, TikTok, LinkedIn, and more.Otis does the work of a professional performance marketer—helping you launch and optimize cross-channel ads in minutes, with no training required. Just connect your platforms anddata, and let Otis handle retargeting, creative testing, budget allocation, and performance optimization for you.On average, Otis users see: • 2–3x higher return on ad spend (ROAS) • 2x more leads and revenue • 70% lower management costs • 90% time savedWhether you're a growing business with a lean (or no) marketing team, or an agency managing multiple client campaigns, Otis empowers you to reach the right audience, on the right channels, at the right time—with better results.Trusted by 1,000+ users and partners, Otis has been featured in Forbes 30 Under 30, named Startup of the Year at Startup Grind Global Conference 2023, won 1st Place Pitch at both Startup Grind North America and Europe, and ranked #5 Product of the Week on Product Hunt. Otis is also an official Small Business Partner of the New York Jets! | $1M | Seed | Aug 26, 2022 |  |
| PayMongo | PayMongo is a financial technology company building the financial operating system for the Philippines’ digital economy. It offers a powerful suite of tools that enable businesses of all sizes—from startups and SMEs to large enterprises—to accept payments, manage transactions, fund operations, and accelerate growth.PayMongo began as a paymentgateway offering simple, developer-friendly APIs for online payments. Since then, it has evolved into a comprehensive platform that supports both online and offline commerce, helping entrepreneurs and enterprises alike streamline their financial operations. Its product offerings include online payments via cards, e-wallets, and over-the-counter channels, QR Ph-powered in-store payments, capital lending solutions, and real-time transaction management.The company is a licensed Electronic Money Issuer (EMI) regulated by the Bangko Sentral ng Pilipinas and operates through its subsidiary, PayMongo Payments, Inc. It partners with major platforms like Lazada and has enabled tens of thousands of Filipino businesses to thrive in a rapidly digitizing market. | $31M | Series B | Feb 20, 2022 |  |
| GrowSari | Growsari is helping to build the future of Sari Sari stores in the Philippines. | $77.5M | Series C | Jan 25, 2022 |  |
| X0PA AI | X0PA AI was established by our Founder & CEO, Nina Alag Suri, in 2017 to reduce the inefficiencies and subjectivity of traditional hiring processes. X0PA AI is a B2B AI-powered SaaS platform that helps in people decisions around talent and enables scientific and objective choices in hiring and selections. X0PA’s patented AI algorithms areused to source, score and rank talents with each candidate assessed beyond age, gender, race. It is aligned with the UN SDGs of equal and fair opportunities to all by ensuring both capability and compatibility on both employer and employee sides. Through ethical AI and data science, we aim to maximise objectivity in hiring and ensure workplace happiness through equitable and best matches between employee and employer. | $3.9M | Series A | Jan 04, 2022 |  |
| Talino Fintech Foundry | Talino Venture Labs is a global venture studio for inclusive fintech. |  | Seed | Sep 01, 2021 |  |

10 of 15 investments shown.

## Co-investors
- [ICCP SBI Venture Partners](https://shizune.co/investors/profile/iccp-sbi-venture-partners) — VC Fund, 3 deals together
- [Pavilion Capital](https://shizune.co/investors/profile/pavilion-capital-57b7) — VC Fund, 3 deals together
- [Atlantic](https://shizune.co/investors/profile/atlantic-labs) — VC Fund, 2 deals together
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund, 2 deals together
- [Foxmont Capital Partners](https://shizune.co/investors/profile/foxmont-capital-partners) — VC Fund, 2 deals together
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund, 2 deals together

## About Unifier Ventures

VC Fund · Berlin, Germany

Early stage VC investing in Europe and Southeast Asia

2 contacts available at Unifier Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| Kastytis Kemezys | Venture Partner | https://shizune.co/investors/profile/kastytis-kemezys |
| Miguel Encarnacion | Managing Partner | https://shizune.co/investors/profile/miguel-encarnacion |

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## FAQ

### What does Miguel Encarnacion invest in?

Miguel Encarnacion invests primarily in Software, Information Technology and Artificial Intelligence startups, most often at Seed and Series A stage. Most of the 15 investments tracked by Shizune back companies in Philippines. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Miguel Encarnacion's check size?

Miguel Encarnacion typically joins rounds of $360k–$4.2M at Seed, $1.1M–$1.2M at Pre-Seed and $3M–$18M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Miguel Encarnacion participates in.

### When did Miguel Encarnacion last invest?

The most recent investment recorded for Miguel Encarnacion closed in Nov 2023. Shizune tracks 15 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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