Led · Series C · Oct 2023

Inteluck operates a digital B2B platform that offers end-to-end supply chain services including full truckload transportation, warehouse management, international freight forwarding, distribution, and customized solutions. The platform connects enterprises to a network of 14,000+ delivery trucks for on-demand booking and provides real-time shipment oversight and scalable capacity during peak demand. Inteluck also integrates small- to mid-sized truckers into its network to improve fleet utilization, payment speed, and profitability for suppliers. The company has served over 300 international and local enterprises across telecommunications, FMCG, manufacturing, e-commerce, and express delivery. Headquartered in Singapore and founded in 2014 by Kevin Zhang, Inteluck has established operations in the Philippines, Thailand, and Vietnam. With the new funding, the company plans to expand its regional footprint, deepen its presence, and strengthen operational and technology capabilities.

Participated · Series B · May 2021

Founded in 2014, Great Deals is an e-commerce enabler that helps brands like Abbott, L’Oréal and Unilever build online retail operations in the Philippines. It offers end-to-end services including digital content production, marketing campaign coordination and management of marketplace listings across platforms such as Lazada, Shopee, Zalora, Zilingo, Shopify and Magento. The company also serves clients including Nestlé, Samsonite, GSK, Bayer and Fila. Great Deals currently operates only in the Philippines but plans to expand regionally next year and aims to increase penetration outside the Greater Manila Area. The startup raised $30 million in a Series B led by logistics firm Fast Group and will use part of the capital to build an automated fulfillment center. The strategic investment from Fast Group, which has a fleet of more than 2,500 vehicles and a 90,000-store distribution network, is intended to bolster supply-chain capacity and enable more Instant Commerce deliveries under one hour. Great Deals E-commerce Corp is described in the article as a Philippines-based e-commerce enabler. The company was founded by Alibaba eFounders fellow Steve Sy. Philippines-focused private equity firm Navegar has invested $12 million in Great Deals. The article characterizes the business as a local e-commerce enabler but does not elaborate on specific products, services, or future plans. No revenue, user, or other operating metrics were reported in the article. The report also does not disclose the financing instrument or the use of proceeds.

Led · Series B · May 2020

Cloudstaff provides cloud-based remote workforce and outsourcing services, hosting thousands of remote workers and managing recruitment, HR, and payroll for client companies. The company combines proprietary technology with a culture-first approach to enable employee engagement and continuous 24-hour workflows across time zones. Cloudstaff supplies employees with technology and resources to support collaboration and uninterrupted workflow regardless of location. Founded by Lloyd Ernst and established in China in 2005, the business expanded into the Philippines with multiple offices in Metro Clark, two Manila offices (Ortigas and Makati), and an operational hub in Cebu. During the COVID-19 pandemic Cloudstaff maintained client operations and experienced increased demand for its remote-working model. The company says it will use new capital to expand its footprint and employ more cloud-based staff to meet rising global demand. Cloudstaff builds and manages ongoing offshore teams in the Philippines, focusing on taking tasks offshore—especially low-value repetitive work—and helping clients establish ongoing relationships with offshore staff. The company is an Australian start-up based in Manila and is led by founder and CEO Lloyd Ernst. Cloudstaff raised $500,000 from three local investors to support its growth. The funds will be used to develop demand for Cloudstaff's services in Australia via marketing campaigns and education seminars about the benefits of outsourcing. Ernst said the successful float of Freelancer has increased interest in the outsourcing market. He also highlighted cultural challenges as a key reason for basing operations in the Philippines and emphasized the need to invest time and support into offshore teams to retain quality staff.

Led · Equity · Jun 2015

TaskUs operates a global network of offices (including Mexico, Taiwan, the Philippines and the U.S.) delivering content moderation, information annotation and back-office customer-support services. Content moderation and annotation for AI training have become a fast-growing part of the business and now account for about 40% of revenue, while back-office BPO remains the majority. The company employs more than 11,000 people worldwide, including roughly 2,000 in the U.S., and emphasizes above-market pay and generous benefits for frontline teammates. Management says it is investing to automate core services and to build a new technology-integration and consulting arm to advise customers on automation tools. TaskUs plans geographic expansion into the U.K., Europe, India and Latin America and is hiring aggressively to support growth. The founders started the business with a $20,000 investment and position the company as a leader in tech-enabled business services and content-moderation work. TaskUs provides outsourced customer support, including call center operations and back office support, to venture-backed, high-growth companies. Led by CEO Bryce Maddock, the company offers customer care and logistical support systems. It currently has over 5,000 employees across Santa Monica, San Francisco, Australia and the Philippines. The company received a $14 million senior debt financing to support its operations. TaskUs intends to use the funds to further expand its customer care and logistical support systems. The company operates from Santa Monica and serves a global client base through its multiple locations. TaskUs provides outsourced customer care and back-office support for rapidly growing Internet companies, counting clients such as Uber, Groupon, Tinder and HotelTonight. The company says it has supported more than 200 customers since 2008 and that over 10 of its customers have reached billion-dollar valuations. TaskUs operates five delivery centers in the Philippines and is headquartered in Santa Monica, Calif. It reports profitability and a $35 million revenue run rate, and it has doubled revenue and headcount in the past five months. Management plans to triple revenue and headcount by the end of 2016 and use new capital to invest in people, open offices in new geographies and integrate world-class technology into its services.