The Manila Angel Investors Network Inc. (MAIN) is a non-stock, non-profit corporation registered with the Securities and Exchange Commission (SEC) under the Corporation Code of the Philippines.
MAIN is the largest committed private investors network in the Philippines that was formed to support the country’s startup ecosystem by connecting investors with promising early-stage companies. Apart from providing capital funding, it also mentors entrepreneurs, provides expertise support, and opens networking opportunities. This innovative startup ecosystem will benefit both MAIN members’ portfolio and overall growth of Filipino startups.
MAIN invests in pre-seed, Seed and Series A rounds. Many of its initial investments to date can be characterized as “impact-focused” in the areas of financial inclusion, employment and education. We screen hundreds of startups each year, and continuously track dozens that are promising, providing them with the mentoring, training and assistance to make them investment ready.
MAIN embarked on Gender Lens Investing through the four-year partnership with Investing in Women, an Australian Aid program (Australian Department of Foreign Affairs and Trade). The project aims to:
Provide catalytic investment capital for women-owned and women-led SMEs in the Philippines
Diversify the angel membership to include more women investors
Expand their member services and activities
MAIN is actively seeking to support and invest in female founders. Kerubin Capital has been established as MAIN’s gender focused fund, with a mandate to match members' investments in female founders.
From an angel investor network founded by all men to bringing on board women angels and investing in women SMEs, follow MAIN’s remarkable journey on embracing #GenderLensInvesting in this case study:
Mission and Vision
It is in the interest of our members to supercharge the Philippines’ startup ecosystem. We do this by growing, nurturing and developing startups through an environment that will attract and retain angel investors.
It is the vision of the members that MAIN will positively impact the Philippines by facilitating startup investments and advocating a startup friendly business environment.
Board of Trustees
Francisco Dennis Manzano
Tina Nepomuceno - Di Cicco
Lionel Victor Leonio Belen
Quenby Tiu Go
Rene Benitez
Sophia Echauz Chua
Samuel Jeanblanc
James Henry Gundry
Claus J. Karthe
Raymond Clarence Yu Rodis
Atty. Mark Sarabia Gorriceta
Román V. Azanza III
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President
Francisco Dennis “Den” Manzano is the Convenor and President of the Manila Angel Investors Network Inc. (MAIN). He is also the President and CEO of Techtitan Technology Inc. President of Polaristitans Philippines Inc., Director of Pacificfortia Marine Technologies Inc., Director of Kerubin Capital Pte. Ltd., and a Board Trustee of the American Association of the Philippines.
Mr. Manzano completed the Executive Education Program of the London Business School, University of London in 2005. He holds a Bachelor of Science degree, Major in Business Administration from the University of Santo Tomas. He finished his primary and secondary education at the Ateneo De Manila University, Philippines.
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Trustee
Tina co-founded two travel tech companies; led the founding team of two airlines; and managed commercial and marketing at Lufthansa and IHG. She has diverse experience growing B2B and B2C early- and mid-stage companies, driving market expansion in Southeast Asia, Hong Kong & Macau. Tina has led, financed, grown and sold web-focused startups.
Currently, she leads Avaya Ventures, an advisory firm in travel technology, aviation and scaling up businesses in Southeast Asia. She is also a co-founder of the Philippine Chamber of Commerce in Singapore. At Manila Angel Investors' Network, she is a board member and committee chair of Women In Investing.
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Treasurer
Lionel Victor L. Belen is the Executive Director at First Asia Venture Capital Inc, the holding company and private investment office of Team First Asia. Among the Team First Asia companies he concurrently serves as Executive Director of Fastech Synergy Philippines, a non-listed public technology company involved in power electronics. He is also Executive Director of Asset Growth Inc, the property planning, development, and management company of Team First Asia, which focuses on industrial, commercial, and tourism properties in the provinces of Laguna, Tarlac, Bataan, and Batangas. He is a member of the board of directors of FAITH Colleges (First Asia Institute of Technology and Humanities), an institution of higher learning and research and a center of development recognized by the commission for higher education for information technology located in Tanauan, Batangas. He is also the founder of Brainsparks, the first founder-focused startup incubator in the Philippines. The incubator, which was established in 2015, selects up to 20 promising high impact technology companies and their founders to support through its incubation program called the Brainsparks 20. Brainsparks also co-organizes the largest premier international startup and innovation focused business conference and business matching event in the Philippines, called Ignite.
He graduated cum laude from the Ateneo de Manila University with two majors, in History and in Economics, and a minor in Japanese studies, and he also received the special departmental award for History when he graduated in 2011.
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Honorary Trustee
Quenby is the Executive Director of MAIN and is an Honorary Trustee of the Board. She was an investment banker for 11 years before embarking on her own interior and visual design studio and launching her beverage distribution business. She is committed to grow MAIN's membership base and connect them with promising homegrown early-stage companies. She is determined to learn and practice gender-diversified and impact investing in order to expand market opportunities and drive a positive change. Her goal is to contribute to a better Philippine startup ecosystem.
Quenby comes with a unique blend of entrepreneurship, enterprise and investor experience. She is committed to nurturing MAIN's continued growth, enriching relationships with our strategic partners and ensuring we all help build a world-class Philippine start-up ecosystem.
Quenby is also part of the Master in Innovation, business (MIB) Program Advisory Board of Asian Institute of Management and member of the Board of Advisers of the John Gokongwei School of Management.
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Trustee
Rene Benitez is an experienced wholesale investor and businessman. He is a former investment banker with extensive financial services experience, having served as a CEO of a leading independent investment bank and of a Euromoney/Asiamoney-rated stockbroking operation. Rene co-founded MAIN to which he remains deeply committed. Apart from his interest in startups, he has also either founded or co-founded numerous successful organizations in varied industries such as financial services, commercial real estate, automotive trading, utilities infrastructure and digital media. Rene has considerable experience and knowledge in corporate development, mergers & acquisitions, capital markets, and other methods of company capital raising. He has extensive international contacts and good knowledge of corporate governance best practices serving as Chairman, Vice Chair, or board member in numerous local and international organizations
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Trustee
Sophia E. Chua is the Chief Financial Officer and a director of Standard Insurance Co., Inc. She sits on the board of companies in the BPO and manufacturing companies. Trained in accounting, Sophia's work experience spans auditing, investment banking, private banking and finance. She holds a BS Accountancy in DLSU Philippines and an MBA in Kellogg School of Management Northwestern University.
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Trustee
Samuel is an active angel investor and startup mentor with MAIN and XA Network. Samuel is an industry expert with 10 years of experience as a tech executive and investor in Europe and Asia.
Samuel started his work at Google in 2014, in Ireland. He moved to Singapore in 2017. Samuel was a member of the senior leadership team at Google Philippines. He helped take it to one of the fastest growing markets in Southeast Asia. In 2020, he took new responsibilities within Google Maps, overseeing North Asia and Japan.
Samuel is originally from France but has lived in 10 countries, 5 of which are in Asia. He is currently based in Tokyo, Japan. Samuel holds a MSc in Entrepreneurship and Innovation from Audencia Business School and INSEAD.
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Trustee
James Gundry was born and brought up in Scotland before moving to Hong Kong in his mid 20s. He has been involved in the executive recruitment and background screening industry for more than 25 years in Asia. He was one of the founding shareholders of "Quest" (now Robert Walters), "Quest Research" (acquired by First Advantage), "Integrascreen" (acquired by Thomson Reuters/Worldcheck) and "Dataflow" (an EQT Private Equity investment).
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Trustee
Claus is a German citizen and holds an MBA from IMD Lausanne and a master’s degree as electrical & communications engineer (MSEE) with specialization in communication networks design and operation for both land and space-based telecommunication systems.
Claus is a global citizen with 30 years of business experience in C-level position and as founder of companies across Asia (Singapore, Philippines, Taiwan, Korea, and Japan), he also serves as advisor on multiple corporate boards.
By bridging strategy, technology, investment needs and market requirements, Claus reached significant achievements in market share development for entry players in Asia.
As a serial entrepreneur in the tech space, Claus founded 10 start-ups. His latest venture is a global ecosystem builder and start-up accelerator with offices in Palo Alto, Boston, New York, Berlin, Munich, Singapore and Tokyo.
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Corporate Secretary
Raymond Clarence Yu Rodis is the founder of Digest PH, a legal technology startup helping startups find legal services and the Chief Executive Officer of Startup Law.
He was the corporate lawyer of Pasudeco, an impact fund that invests an average ticket size of $100,000 - $500,000 in Philippine, US, and Singaporean startups. He is the corporate secretary of Manila Angel Investors Network, the largest angel investor network in the Philippines. He is the legal service provider of the Philippine Development Foundation (PhilDev), advising 20 early stage and 6 growth stage startups in their cohort. He represents Philippine, Singaporean, Australian, and Spanish startups. He was previously an associate lawyer at Santos Parungao Aquino Santos Law, a full service law firm in Ortigas. He received his Juris Doctor of Law degree from the University of the Philippines College of Law and his BA Public Administration degree, cum laude from the same university where he was student council chairperson of his college.
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Trustee
Atty. Mark Sarabia Gorriceta is the Managing Partner, Head of the Corporate Group and Head of the Technology Media and Telecommunications Group of Gorriceta Africa Cauton & Saavedra, a top tier Law Firm in the Philippines.
With over 20 years of experience, Mark has developed an expertise in corporate transactions, commercial contracts and regulatory matters. He is a leading lawyer in the fields of Capital Markets, Mergers & Acquisitions and Securities Law. Mark has been recognized as one of the Philippines' Top 100 Lawyers for four consecutive years. With expertise on the law on digital assets, fintech, blockchain, virtual currencies, e-commerce, and artificial intelligence, he is legal counsel to the most impactful technology and online companies in the Philippines and has been recognized as one of the Top Technology Media & Telco Lawyers in Asia and Ranked # 1 in the Philippines in the Tech/Fintech space.
Mark is also a faculty member of the Ateneo de Manila University’s Graduate School of Business and serves as lecturer at Mapua University. He's a Board Trustee for organizations such as the Fintech Philippines Association, Blockchain Council of the Philippines and the Go Digital Pilipinas Movement under the Private Sector Advisory Council linked to the Office of the President of the Philippines.
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Trustee
Roman is an experienced C-level executive with extensive business development, governance, operations, treasury and commercial banking experience. He is in his fourth decade of developing business ecosystems as a strategic consultant to a regional accelerator and a growing roster of tech-enabled firms looking to explore the dynamic Philippine market. He is an independent board member of ATRAM, a Fellow at the Institute of Corporate Directors, an active participant in MAIN's Screening Committee and a co-founder of a healthcare startup, Biologic Life Sciences.
Roman co-founded and led Aboitiz InfraCapital (AIC), the fifth strategic business leg of the Aboitiz group. He Established Aboitiz Equity Venture’s business development division and spearheaded the conglomerate’s venture into the Public Private Partnership space. Aside from building up and running the Asian regional treasury function for CEMEX, Roman also spent a decade as a banker with ING Barings and Citibank.
Roman has an MBA from the University of Virginia and has an economics degree from Colby College.
Secretariat
Quenby Tiu Go
Ira Mallari
Stephanie Ignacio
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Executive Director
Quenby is the Executive Director of MAIN and is an Honorary Trustee of the Board. She was an investment banker for 11 years before embarking on her own interior and visual design studio and launching her beverage distribution business. She is committed to grow MAIN's membership base and connect them with promising homegrown early-stage companies. She is determined to learn and practice gender-diversified and impact investing in order to expand market opportunities and drive a positive change. Her goal is to contribute to a better Philippine startup ecosystem.
Quenby comes with a unique blend of entrepreneurship, enterprise and investor experience. She is committed to nurturing MAIN's continued growth, enriching relationships with our strategic partners and ensuring we all help build a world-class Philippine start-up ecosystem.
Quenby is also part of the Master in Innovation, business (MIB) Program Advisory Board of Asian Institute of Management and member of the Board of Advisers of the John Gokongwei School of Management.
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Operations Administrator
Ira graduated from Tarlac State University as Cum Laude with a degree in Secondary Education, specializing in English language. She was able to garner expertise in content writing as she was part of the university publication. She further expanded her skills in customer service, training, and learning development. With a commitment to continuous improvement, Ira aims to leverage her diverse skill set to advance her professional career.As the current administrator of MAIN, she is dedicated to achieving her professional aspirations while also fostering a supportive and innovative environment for her team.
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Portfolio Analyst
Stephanie Ignacio is a Cum Laude graduate of Pamantasan ng Lungsod ng Maynila, where she earned a Bachelor of Science in Business Administration, majoring in Business Economics. With a strong foundation in statistical analysis and business strategy, Stephanie gained hands-on experience as an Intern at the Department of Labor and Employment – Bureau of Local Employment, where she supported daily operations, conducted research on economic trends, and assisted with key meetings and speeches.Stephanie aims to build a career as a financial analyst and investment professional, where she can apply her academic knowledge and analytical skills to help organizations make informed financial decisions. She is passionate about developing expertise in financial markets, investment strategies, and economic forecasting as she embarks on her professional journey.
Partners
Investing in Women is an initiative of the Australian Government, catalyzing inclusive economic growth through women’s economic empowerment in Southeast Asia. They do this by partnering with impact investors and ecosystem builders to expand market opportunities. MAIN has received a grant from Investing in Women to achieve two of its gender goals:
1. To increase the number and proportion of women angels in the Philippines who in turn can
2. Support women’s start-ups in the Philippines to grow and thrive.
Glue Up is an all-in-one CRM platform that helps build and grow community through events, memberships, and other digital tools. Our software has been developed in close cooperation with more than 200 organizations worldwide and enables them to unlock new paths for growth with a first-class cloud platform that consolidates operations in one place. Glue is partially sponsoring our software to streamline our operations.
KMC is a one-stop shop for businesses seeking top Filipino talent and a productive work environment. They bridge the gap between innovative companies and the Philippines' brightest minds through employer of record services. As the leading provider of flexible office spaces, KMC designs stunning, adaptable workspaces with collaboration areas and quiet zones to cater to various work styles.
Beyond workspaces, they offer comprehensive workforce solutions like HR, payroll, and talent acquisition services, having built dedicated offshore teams for over 400 businesses across industries.