917Ventures
917Ventures is the venture-building subsidiary of Globe Telecom that ideates, launches, accelerates, and scales digital businesses across consumer and enterprise segments in the Philippines and Southeast Asia. It currently operates 12 portfolio companies spanning fintech, adtech, mobility, healthcare, and APIs.
- Company typePrivate
- Founded2019
- HeadquartersTaguig, Philippines
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What 917Ventures does
917Ventures is the corporate venture-building arm of Globe Telecom, the largest telecommunications operator in the Philippines, and is incorporated as Globe Capital Venture Holdings, Inc. Founded in 2019 and headquartered in Taguig City, 917Ventures ideates, launches, accelerates, and scales digital businesses that serve both Filipino consumers and enterprise customers, operating as a separate legal entity with startup-style practices while leveraging Globe's telco infrastructure, distribution, and data assets.
The company has vetted more than 1,300 ideas, launched and tested 36 ventures, and currently maintains 12 active portfolio companies. Core portfolio products include GCash (the Philippines' #1 finance superapp, valued at $5 billion), Pettr (pet care superapp), AdSpark (adtech agency serving 26+ industries), DeepSea (programmatic advertising), Inquiro (audience intelligence platform with 94M+ profiles), RUSH (loyalty and customer engagement), m360 (omnichannel communications), Concati (open-exchange API marketplace), KodeGo (IT training), and Gogoro (smart mobility). Velocity, a sub-brand launched as a startup launchpad, connects external founders to Globe Group enterprise pilots and scaling opportunities. Concati's integration with GSMA Open Gateway and the Bridge Alliance API Exchange extends distribution globally, while the Velocity program's first external equity investment in Netopia AI (Predikta) signals entry into vertical AI applications.
917Ventures generates revenue indirectly through portfolio company success, strategic partnerships, and equity returns rather than selling external products or services; pricing is not publicly disclosed. Its go-to-market combines internal venture incubation with the Velocity external developer ecosystem, and the portfolio spans both B2C superapps (GCash, Pettr) and B2B platforms (AdSpark, Inquiro, Concati). Two exits have been completed — KonsultaMD (healthcare) and Evro (acquired by ACMobility in January 2025) — while the AdSpark-DepSea-Secret Menu consolidation under SparkTech in February 2025 represents an in-portfolio roll-up. Ownership rests entirely with Globe, itself majority-owned by Ayala Corporation, providing deep capital and strategic backing without external venture capital or public listing.
917Ventures firmographics
Firmographics- Name
- 917Ventures
- Legal name
- Globe Capital Venture Holdings, Inc.
- Website
- https://917ventures.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- 917Ventures is the venture-building subsidiary of Globe Telecom that ideates, launches, accelerates, and scales digital businesses across consumer and enterprise segments in the Philippines and Southeast Asia. It currently operates 12 portfolio companies spanning fintech, adtech, mobility, healthcare, and APIs.
- Ownership category
- akta.pro rank
917Ventures industry classification
Industry- Product category
- Venture Building & Corporate Incubation
- NAICS
- Professional, Scientific, and Technical Services (541)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC)
- akta.pro secondary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
Keywords
Where 917Ventures is headquartered
LocationHeadquarters
- HQ city
- Taguig
- HQ country
- Philippines
- HQ region
- Asia
Offices1 record
Markets served
917Ventures business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Venture Building and Portfolio Returns: 917Ventures generates returns through building and scaling portfolio companies. As a venture builder, they create new businesses, provide operational support, and exit successful ventures. Revenue comes from portfolio company success, strategic partnerships, and technology deployment within the Globe ecosystem.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
917Ventures product offering
Product offeringCore offering
917Ventures is a corporate venture builder that ideates, launches, accelerates, and scales new digital businesses leveraging its parent Globe Telecom's telco infrastructure, data assets, and distribution channels. It operates a portfolio of distinct ventures across fintech (GCash), AdTech (AdSpark, DeepSea, Inquiro), API marketplace (Concati), pet care (Pettr), mobility (Gogoro), customer engagement (RUSH, m360), and IT training (KodeGo), supported by its Velocity startup launchpad connecting founders with enterprise pilots.
Product overview
917Ventures operates as a venture builder offering a portfolio of distinct digital products and platforms across multiple verticals. The portfolio includes GCash (finance superapp), m360 (omnichannel communications), AdSpark (AdTech), DeepSea (programmatic advertising), Inquiro (audience intelligence), RUSH (digital business solutions), Concati (API marketplace), Pettr (pet care superapp), KodeGo (IT training), and Gogoro (smart mobility). The Velocity platform serves as the startup launchpad for enterprise access and telco-scale growth, helping founders build, pilot, and scale with the Globe Group ecosystem. Portfolio companies range from core products in operation (GCash, AdSpark, Pettr, Concati) to exited ventures (KonsultaMD, Evro). The portfolio is organized around investment themes: Revitalizing Trust for Digital Filipinos, Reimagining Customer Experience, Powering the Adtech & Data Economy, and Unlocking Vertical AI.
Differentiator
Problem solved
Functional benefit
Brands
- Velocity: Startup launchpad for enterprise access and telco-scale growth, helping founders build, pilot, and scale with the Globe Group ecosystem.
Products and services
- GCash Philippines' #1 finance superapp enabling everyday payments and financial transactions for Filipino consumers; simple and secure mobile financial services.
- m360 Omnichannel customer experience platform enabling businesses to reach customers across any channel they prefer through unified communications solutions.
- AdSpark Leading AdTech and data-powered agency serving 26+ industries and executing 7,000+ successful campaigns; offers programmatic advertising, marketing intelligence, and communications strategies powered by behavioral AI insights.
- DeepSea Programmatic digital advertising platform providing access to first-party data for targeted advertising campaigns, enabling enterprise data activation and audience targeting with measurable performance.
- Inquiro Audience intelligence platform offering access to 94M+ unique profiles with 400+ cohorts and data points across omnichannel touchpoints; provides enriched data for curating relevant offers while adhering to data privacy laws.
- RUSH End-to-end digital solutions platform enabling businesses to do more than just selling; provides loyalty programs and customer engagement tools to build stronger customer relationships.
- Concati Southeast Asia's first open-exchange API marketplace and developer platform built to streamline API discovery, integration, and monetization; provides access to telco APIs including Number Verification and SIM Swap Authentication through GSMA Open Gateway and Bridge Alliance partnerships.
- Pettr Philippines' first all-in-one pet care superapp delivering vet services, grooming, vaccinations, pet food, and medicine directly to pet parents through mobile app and web platform; integrates with GCash for payments.
- KodeGo Online IT training platform offering programs with company matching support, enabling Filipino professionals to enhance digital skills and transition into software development careers.
- Gogoro Smart mobility solutions provider transforming megacities into smart cities through Smartscooters and GoStation battery swapping network for electric vehicle adoption.
- Velocity 917Ventures' startup launchpad that connects startups with real enterprise environments within the Globe Group ecosystem for pilots and scaling solutions; helps founders validate and scale through enterprise partnerships and telco-scale growth opportunities.
- Predikta (via Netopia AI) Behavioral AI platform using digital populations to simulate and predict audience sentiment, behavior, and ROI ahead of product launches; enables data-driven decisions for campaigns, products, or policies.
Quantifiable outcome
- 1,300+ ideas vetted, 36 ventures launched & tested, 12 active portfolio companies
- +3 more outcomes
Companies that use 917Ventures
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
917Ventures technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability3 records
917Ventures partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Netopia AIcoreVelocity by 917Ventures selected Netopia AI as its first startup investment, taking an equity stake after evaluating 200+ startups. Netopia AI's Predikta platform uses behavioral AI and digital populations to simulate and predict audience sentiment, behavior, and ROI. Collaboration includes work with Brave Connective Holdings, AdSpark, and Inquiro for predictive behavioral insights.
- Brave Connective HoldingscoreNetopia AI works with Brave Connective Holdings and its subsidiaries AdSpark and Inquiro to explore predictive behavioral insights for marketing intelligence, communications strategies, and enterprise decision-making.
- Bridge AlliancecoreConcati, 917Ventures' API marketplace, partnered with Bridge Alliance as a channel partner for the Bridge Alliance API Exchange (BAEx). This collaboration strengthens API accessibility and interoperability across multiple markets, enabling enterprises with multi-market telco API access through a single contract and unified support.
- AdSparkcoreAdSpark acquired DeepSea and Secret Menu, and unveiled SparkTech, reinforcing its leadership in the Adtech industry.
- GSMA Open Gatewaycore917Ventures partnered with GSMA Open Gateway to integrate Concati into a global initiative enabling common interoperable network using open standard interfaces. As a signatory to the MoA, 917Ventures collaborates with 34 existing partners in the Channel Partner workstream, contributing to Product, Technical, and Business areas shaping API development.
- Block 71minorPartner ecosystem supporting Velocity startup launchpad for founders seeking enterprise access.
- Sinigang ValleyminorPartner ecosystem supporting Velocity startup launchpad for founders seeking enterprise access.
- Geeks on a BeachminorPartner ecosystem supporting Velocity startup launchpad for founders seeking enterprise access.
- Innovation FactoryminorPartner ecosystem supporting Velocity startup launchpad for founders seeking enterprise access.
- Sea Business ConnectminorPartner ecosystem supporting Velocity startup launchpad for founders seeking enterprise access.
- Living Lab VenturesminorPartner ecosystem supporting Velocity startup launchpad for founders seeking enterprise access.
- Founders LaunchpadminorPartner ecosystem supporting Velocity startup launchpad for founders seeking enterprise access.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
917Ventures competitors and assessment
Company assessmentDirect peers
- Voyager Innovations (PLDT): Digital venture arm of PLDT, Globe's main Philippine telecom competitor, building fintech (Maya) and consumer tech ventures in the Philippines — the closest direct competitor operating in the same geography with the same telco-backed venture builder model.
- Singtel Innov8: Singtel's corporate venture capital and innovation arm based in Singapore, investing in and partnering with startups across telecom, fintech, and enterprise tech in Southeast Asia — directly comparable as another telco-backed CVC builder in the same region.
- Telkomsel Ventures: Corporate venture and innovation arm of Telkomsel, Indonesia's largest telecom, building and investing in digital ventures across consumer and enterprise — comparable as another telco-backed venture builder in Southeast Asia with similar strategic logic.
- Axiata Digital: Axiata Group's digital services and venture arm operating across multiple ASEAN markets, building digital businesses in fintech, AdTech, and enterprise — comparable as a multi-country telco-backed venture builder with regional ambitions.
- True Digital Group: Digital venture and innovation arm of True Corporation in Thailand, building consumer tech, fintech, and enterprise solutions — directly comparable as another Asian telco-backed venture studio with similar venture-building mandate.
- KDDI: Japanese telecom whose open innovation and venture arm builds and invests in digital ventures across connectivity, fintech, and consumer platforms — comparable as a telco-led corporate venture builder with global reach and similar distribution-backed approach.
- Antler: Global early-stage venture builder that ideates, launches, and funds startups across multiple geographies including Southeast Asia — comparable as a venture builder (though not telco-backed) operating a similar ideate-to-scale model.
- Brinc: Hong Kong-headquartered venture builder and accelerator with strong APAC presence, investing in and building startups across IoT, climate, and consumer tech — comparable as an APAC-focused venture builder with corporate partnership expertise.
- Quest Ventures: Singapore-based venture builder and investor focused on Southeast Asia, backing startups across fintech, logistics, and consumer — comparable as an SEA-focused venture builder serving similar early-stage founders and corporate partners.
Broad incumbents
- Plug and Play: Global innovation platform and corporate venture builder partnering with large enterprises to run accelerators and build ventures across multiple verticals — broader incumbent that overlaps with 917Ventures' corporate venture building model but operates at much larger global scale with a partnership-led model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
917Ventures social profiles
Digital presence917Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
917Ventures leadership team
Management profileNumber of profiles
Profiles10 records
917Ventures subsidiaries and ownership
Company hierarchySubsidiaries11 records
917Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
917Ventures M&A and investment
M&A and investmentM&A
Investments15 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 917Ventures
What does 917Ventures do?
917Ventures is a corporate venture builder that ideates, launches, accelerates, and scales new digital businesses leveraging its parent Globe Telecom's telco infrastructure, data assets, and distribution channels. It operates a portfolio of distinct ventures across fintech (GCash), AdTech (AdSpark, DeepSea, Inquiro), API marketplace (Concati), pet care (Pettr), mobility (Gogoro), customer engagement (RUSH, m360), and IT training (KodeGo), supported by its Velocity startup launchpad connecting founders with enterprise pilots.
Is 917Ventures a public or private company?
917Ventures is a private company. It is classified as corporate owned and is currently operating.
When was 917Ventures founded?
917Ventures was founded in 2019. It employs 11 to 50 people.
Where is 917Ventures based?
917Ventures is headquartered in Taguig, Philippines, in the Asia region.
How does 917Ventures make money?
One revenue line is on record: venture Building and Portfolio Returns.
Who are 917Ventures's main competitors?
Direct peers on record are Voyager Innovations (PLDT), Singtel Innov8, Telkomsel Ventures, Axiata Digital, True Digital Group, KDDI, Antler, Brinc and Quest Ventures. Plug and Play is listed as a broad incumbent.
Does 917Ventures have an API?
Yes. Concati operates as an open-exchange API marketplace and developer platform that allows users and developers to search, discover, and utilize a wide range of enterprise-grade APIs. The platform enables integration into digital solutions, applications, and systems. Through Bridge Alliance API Exchange (BAEx), Concati provides access to telco APIs including Number Verification and SIM Swap Authentication for fraud prevention and user authentication. Concati is integrated into the GSMA Open Gateway initiative as a signatory, providing telco-powered data and infrastructure capabilities to developers and enterprises. Developer documentation is at concati.com.
What industry is 917Ventures in?
917Ventures's product category is Venture Building & Corporate Incubation. Its primary akta.pro industry code is FSANAHAC, Corporate Venture Studios & Incubators (Build/launch ventures), with a secondary code of FSANAAAM, Accelerators & Incubators (Investor-Operated). Its NAICS code is 541 and its SIC code is 6282.