Venture Capital

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Launchgarage

Jay Fajardo runs Launchgarage, a Manila-based early-stage VC backing Philippine pre-seed and seed startups across fintech, agritech, and enterprise SaaS.

Launchgarage logo

Launchgarage

Launchgarage began as a grassroots innovation community in Manila before formalizing an investment arm that now makes early-stage commitments across the Philippines and select Southeast Asian markets. Managing Partner Jay Fajardo, a repeat founder whose exits include the sale of ProudCloud to Snapchat parent Snap Inc., brings operator credibility to a firm that explicitly targets the pre-seed and seed funding gap. The firm's model draws from Fajardo's own experience navigating the region's fragmented early-capital landscape — a structural challenge that leaves post-accelerator startups without a clear bridge to Series A. Launchgarage invests across enterprise SaaS, fintech, digital health, agritech, and consumer platforms. The firm participates in rounds ranging from pre-seed to seed, typically deploying initial tickets under $500,000 alongside angel syndicates and regional micro-VCs. Confirmed portfolio positions include Edukasyon.ph, an education-to-employment platform acquired by a regional education group, and PayMongo, the Philippine payments infrastructure company that processed over $120 million in transactions within its first three years of operation. Geographic focus centers on Metro Manila but extends to emerging startup nodes in Cebu and Davao, with opportunistic co-investments in Indonesia. Launchgarage operates with a lean team under Fajardo's direction, supplementing investment activity with a venture-building program that originated from its community roots. The firm has not publicly disclosed total committed capital. Adjacent to its fund activities, Launchgarage maintains ties to the Philippine startup ecosystem through accelerator-style cohorts and corporate innovation partnerships — a dual structure that surfaces deal flow while generating fee income from corporate clients seeking exposure to digital transformation. Launchgarage's structural differentiation lies in its hybrid origin story: a community operator that evolved into a formal early-stage investor. This gives the firm sourcing advantages in a market where the most promising founders emerge from hackathons, university labs, and informal founder networks that institutional allocators rarely penetrate. The combination of Fajardo's exit track record and the firm's embeddedness in Philippine startup culture positions Launchgarage as a genuine pre-institutional pipeline rather than a conventional venture fund.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

Philippines

City

Manila

Corporate office

Manila, Philippines

Principals

Jay Fajardo

Managing Partner

Sector focus

Enterprise SoftwareFinTechAgriTech & FoodTechDigital HealthMedia & Entertainment

Frequently asked questions

Who runs investment decisions at Launchgarage?

Jay Fajardo serves as Managing Partner and leads all investment decisions. A repeat founder, he previously built and sold ProudCloud to Snapchat parent Snap Inc., giving him direct experience with the exit path Launchgarage portfolio companies pursue. Investment committee composition beyond Fajardo is not publicly disclosed.

How does Launchgarage source proprietary deal flow?

Launchgarage sources deal flow through its embedded position in Philippine startup communities — including hackathons, university networks, and founder referrals — a legacy of its origin as an innovation hub before formalizing as an investment firm. Its venture-building and corporate innovation programs surface early-stage teams addressing supply-chain, payments, and distribution challenges unique to the Philippine market.

What investment stages does Launchgarage typically target?

Launchgarage targets pre-seed and seed stages, writing first institutional checks when local capital is scarcest. Ticket sizes generally fall below $500,000, often alongside angel syndicates, regional micro-VCs, or corporate venture arms active in Philippine early-stage rounds.

Which sectors does Launchgarage explicitly avoid?

Launchgarage has not published formal exclusion criteria. Based on its portfolio composition, the firm concentrates on enterprise SaaS, fintech, digital health, agritech, and consumer platforms — it does not typically invest in hard tech, biotech requiring FDA-equivalent approval, or capital-intensive infrastructure plays.

Is Launchgarage structured as a venture fund or a holding company?

Launchgarage operates as an early-stage venture firm with a fund structure for investment activity, though it also runs venture-building programs and corporate innovation partnerships that generate advisory fee income. This hybrid model is common among Philippine VC managers seeking sustainability beyond management fees on a small committed capital base.

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