About Kaya Founders
Kaya Founders is an early-stage venture capital firm based in Makati, Metro Manila, founded in 2021 by operators-turned-investors Paulo Campos (former CEO, Zalora Philippines), Lisa Gokongwei-Cheng (CEO, Summit Media), and Ray Alimurung (former CEO, Lazada Philippines).
The firm runs a stapled dual-fund structure -- a "Zero to One" pre-seed fund and a "One to Ten" seed-to-Series A fund -- and closed its second fund at US$25 million (about P1.47 billion) in November 2025. It has built a portfolio of 40+ startups since founding.
Investment Thesis
Kaya Founders partners with founders "from Day 0," framing the Philippines as an underinvested market relative to its regional growth potential. The Zero to One fund writes $150,000-$250,000 pre-seed checks into 20-30 companies; the One to Ten fund writes $250,000-$500,000 checks into 30-40 seed-to-Series A companies.
Sector focus spans e-commerce, fintech, SaaS, insurtech, clean energy, financial inclusion, agritech, healthcare, and education -- with an explicit mandate to back Philippine and wider Southeast Asian founders building technology solutions to structural regional problems.
Portfolio Companies
Etaily, Locad, Netbank, PayMongo, GoEden