Core Capital

Venture Capitalcorevc.ph

Company typePrivate
Founded2018
HeadquartersManila, Philippines
Headcount1–10
GTM typeB2B
OfferingServices

What Core Capital does

Core Capital is a Manila-based early-stage venture capital firm founded in 2018 that provides equity financing and strategic support to technology startups in the Philippines, operating with 11-50 employees. Its primary vehicle is the Gobi-Core Philippine Fund, a joint venture with regional venture firm Gobi Partners under which the two firms share a co-branded platform (gobicore.vc) to deploy capital into Philippine founders. The firm invests across consumer and enterprise verticals including social entertainment (Kumu), gaming and esports (Tier-one), education technology, health insurance aggregation (MARTA), cloud restaurants (CLOUD), e-commerce gifting (Flowerstore), and omni-channel e-commerce enablement (Etaily), with category-leading positioning in several Philippine market segments.

The underlying platform architecture is relationship-driven rather than technology-driven: deal sourcing and portfolio support flow through the Gobi Partners network spanning Southeast Asia, the Greater Bay Area, Shanghai/Beijing, China, and Pakistan, supplemented by formal alliances with Philippine government bodies (NDC and DICT) and convening initiatives such as the I4C climate-investor event in Manila. Core Capital's commercial model is standard venture capital economics — management fees on committed fund capital plus carried interest on portfolio exits — with no public pricing, product, or API offering; revenue realization is therefore binary and exit-dependent, with the most recent visible value-creation event being Etaily's US$24 million pre-Series B in December 2025.

Core Capital firmographics

Firmographics

Name: Core Capital
Website: https://corevc.ph
Company type: Private
Founded year: 2018
Operating status: Operating
Headcount range: 1–10 employees
Ownership category
akta.pro rank

Core Capital industry classification

Industry

Product category: Venture Capital
NAICS: Other Investment Pools and Funds (5259), Other Financial Vehicles (525990)
SIC: Investment Advice (6282)
akta.pro primary industry: Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

Venture capital investing
Early stage financing
Startup funding
Growth capital
Philippine startups

Where Core Capital is headquartered

Location

Headquarters

HQ city: Manila
HQ country: Philippines
HQ region: Asia

Markets served

Core Capital business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Marketing or Sales

Revenue model

Venture Capital Returns: Core Capital generates returns through equity investments in early-stage Philippine startups, holding stakes in portfolio companies across social entertainment, gaming/esports, edutech, health insurance, cloud restaurants, e-commerce, and gifting sectors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core Capital product offering

Product offering

Core offering

Core Capital, through the Gobi-Core Philippine Fund, is a venture capital firm that provides early-stage equity financing and strategic support to Philippine technology startups. The fund invests across sectors including social entertainment, gaming and esports, edutech, health insurance, cloud restaurants, e-commerce, and gifting, connecting founders to a regional network spanning Southeast Asia, the Greater Bay Area, China, and Pakistan.

Product overview

Core Capital (Gobi-Core Philippine Fund) is a venture capital firm that operates as a single investment fund product, providing growth capital and strategic support to startups in the Philippines and Southeast Asia. The fund focuses on companies across multiple sectors including social entertainment, gaming, education technology, health insurance, food delivery, e-commerce enablers, and floral/gifting platforms. The portfolio companies mentioned include Kumu, Tier-one, an Edutech platform, Maria, Cloud Restaurant Group, Flowerstore, and Etaily, representing investments in both consumer-facing platforms and B2B solutions.

Differentiator

Problem solved

Functional benefit

Products and services

Gobi-Core Philippine Fund A venture capital fund that provides equity capital, strategic guidance, and regional network access to early- and growth-stage technology startups based in the Philippines, spanning sectors such as social entertainment, gaming and esports, edutech, health insurance, cloud restaurants, e-commerce enablement, and gifting platforms.

Companies that use Core Capital

Customer profile

Segments7 records

Ideal customer profiles1 record

Core Capital technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Core Capital partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered flagship, core and minor.

NDC (National Development Corporation)flagshipStrategic or Co-development Partner · 19 November 2025Gobi Partners and Core Capital, along with DICT (Department of Information and Communications Technology), have forged alliances to strengthen the Philippines' startup ecosystem. This partnership focuses on building stronger startup infrastructure and supporting founders across finance, logistics, health, and agriculture sectors.
DICT (Department of Information and Communications Technology)flagshipStrategic or Co-development Partner · 19 November 2025Gobi Partners and Core Capital collaborate with DICT to strengthen the Philippines' startup ecosystem through infrastructure development and ecosystem support initiatives.
Gobi PartnerscoreStrategic or Co-development PartnerGobi Partners and Core Capital co-founded the Gobi-Core Philippine Fund, a joint venture focused on investing in Philippine startups. The partnership combines Gobi Partners' regional venture capital expertise spanning Southeast Asia, Greater Bay Area, China, and Pakistan with Core Capital's local Philippine market knowledge. The fund operates as a unified brand (gobicore.vc) and shares portfolio companies and ecosystem initiatives.
I4C (Investors for Climate)minorStrategic or Co-development PartnerI4C and Gobi-Core Philippine Fund partner to bring climate investors together in Manila. Carlo Chen-Delantar, Partner and Head of ESG and Circular at Gobi-Core, participates in these climate-tech focused investor gatherings.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Core Capital competitors and assessment

Company assessment

Market position

Competitive moat3 records

Key highlights5 records

Customer concentration

Core Capital financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Core Capital leadership team

Management profile

Number of profiles

Core Capital funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Core Capital M&A and investment

M&A and investment

M&A1 record

Investments9 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Core Capital

What does Core Capital do?

Is Core Capital a public or private company?

Core Capital is a private company. It is classified as venture growth investor backed and is currently operating.

When was Core Capital founded?

Core Capital was founded in 2018. It employs 1 to 10 people.

Where is Core Capital based?

Core Capital is headquartered in Manila, Philippines, in the Asia region.

How does Core Capital make money?

One revenue line is on record: venture Capital Returns.

Does Core Capital have an API?

No public API is recorded for Core Capital.

What industry is Core Capital in?

Core Capital's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 5259 and its SIC code is 6282.