Oak Drive Ventures
Unit 2e03-2e05, Building 5 5th Avenue, Manila, 1630, Philippines
Overview
Oak Drive ventures will provide management support to a growing stable of operating companies. It combines decades of operational and investment experience to create value across various industries.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Hive Health
Participated · Series A · Jul 2024
Founded at Harvard and Stanford Universities in 2021 by Camille Ang and Jiawen Tang, Hive Health is a full-stack digital health insurer serving SMEs and startups. The company offers comprehensive HMO plans covering outpatient, inpatient, emergency, dental care, mental health, medicines, and LGBTQIA+ partner coverage through a nationwide network of 1,700 hospitals and clinics and over 60,000 doctors. Hive Health operates a vertically integrated digital platform including telehealth, care coordination, an HR dashboard for employers, an Electronic Medical Records system, and an integrated provider portal for claims management and faster payouts. Prior to this raise the company acquired Health Plan Philippines, Inc. (HPPI), securing a full insurance license and a 37-year nationwide provider network. The company plans to use the funds to grow its team, invest in its technology platform and operations, elevate patient and employer experience, and expand its network to more providers including in remote areas.
- PDAX | Philippine Digital Asset Exchange
Participated · Series B · Feb 2022
PDAX (Philippine Digital Asset Exchange) is a central bank‑licensed digital asset trading platform founded in 2018 by CEO Nichel Gaba. The company provides a web and mobile app (iOS and Android) for Filipinos to buy and sell digital assets and participate in metaverse applications. In 2020 PDAX launched Bonds.ph in collaboration with the Bureau of the Treasury and UnionBank, enabling retail investors to buy government bonds via blockchain-enabled software. Management describes crypto as a transformative technology and positions PDAX to expand access to financial services for millions of Filipinos. The Series B funding will be used to build secure and accessible infrastructure for the digital asset economy and to continue working with regulators to protect and create value for users. PDAX emphasizes making crypto safer, easier, and more efficient for a broader population in the Philippines.
Team
No current team members are available.