Burket

Burket (burket.ph) is a Philippine B2B marketplace and ‘business social network’ where wholesale buyers post requests for quotes and receive competing offers from verified, DTI/SEC/BIR-registered suppliers, browse products by category, use an AI procurement assistant, and build direct business relationships without intermediaries. It was founded in June 2018 by a six-person team — Herbert Joei Bactong (CEO), Roy Benedict Julian (COO), Jeff Clarenz Turla (CTO), Alexander Soriano, Benedicto ‘Dex’ Manreza, and Juan Celso Flores — several of whom previously worked at companies including Bank of America, Henkel, BPI, Smart, Hyundai, and DB Schenker. Development began in July 2018 and an alpha version launched in March 2019.

The company was incubated through KMC’s Impact Hub Space for Ingenious program and has been recognized by DOST-PCIEERD and QBO Innovation Hub as a notable Philippine startup; Tracxn separately lists it as backed by the AIM-Dado Banatao Incubator and Brainsparks. Co-founders Alex Soriano and Herbert Bactong have demonstrated the platform in interviews, and Roy Julian pitched it at the RISE 2019 conference, where it was described as ‘an online marketplace-cum-business matching social network.’ Within its first two months post-launch, the company reported aggregating 200+ companies and 800+ listings, with 12.5% week-over-week signup growth and a 95% month-over-month rise in site visits, and was selected as an alpha exhibitor at RISE Hong Kong.

No specific funding amount, private investor names beyond the incubator programs above, or current employee count could be independently confirmed.

Philippine wholesale buyers and suppliers often rely on informal, offline networks to find and vet trading partners, making it hard to compare quotes or discover new suppliers.

Philippine wholesale buyers and DTI/SEC/BIR-registered suppliers and distributors looking to find and transact with each other directly.

Combines a B2B marketplace, a professional social network, and SaaS tools such as RFQs and AI-assisted procurement matching into one platform, rather than being a pure listings site.