Manila Angel Investors Network

MAIN is chaired by Atty. Francisco Ed. Lim, a former president of the Philippine Stock Exchange. Investment decisions are not centralized; the network operates through chapter directors in Makati, Bethesda, San Francisco and New York. Deals are syndicated on a per-transaction basis, meaning individual angel members make their own allocation decisions from deal flow surfaced across chapters.

MAIN sources through a cross-border model: startups pitch through the Makati chapter, and deals are then presented to US-based members for syndication. The network has co-hosted events with Philippine government trade offices, including a 2023 San Francisco pitch session with the Philippine Trade and Investment Center. This diaspora pipeline — Filipino founders raising from Filipino-American angels — is the primary origination channel.

MAIN concentrates on seed and pre-Series A rounds for Philippine-headquartered technology companies. Its angel syndication model is designed for initial institutional capital, though members occasionally follow on in later rounds alongside regional venture funds like Openspace Ventures.

MAIN operates as an angel network, not a fund. Members invest directly in individual startup equity rounds on a deal-by-deal basis. There is no pooled investment vehicle, and MAIN does not make fund commitments to external venture capital managers.

Confirmed sector interests include enterprise software, fintech, agritech, healthcare services and education technology. The network's portfolio includes PayMongo (payments infrastructure) and Kumu (social media/entertainment), reflecting a tilt toward digital platforms serving the Philippine consumer and SME markets.