IOL

What IOL does

IOL Inc. is a Baguio City-headquartered AI-native software studio founded in 2019, operating with approximately 10 employees and delivering custom enterprise solutions alongside a growing portfolio of proprietary SaaS products. The company generates revenue through two streams: custom software development services (fixed-scope projects, monthly retainers, and advisory engagements sold inquiry-based to enterprise and government clients via PhilGEPS competitive bidding and direct outreach) and SaaS subscriptions across six own-products — TalinoHR (AI-native HRIS/payroll for Philippine SMEs with 10–150 employees), Zigmafy (retail POS/inventory), CuraCart (MSME e-commerce storefront), MoneyGlow (Taglish-capable AI financial literacy app), CPA Review PH (RAG-based AI exam prep), and Zircuvia (UNDP-backed green tourism PWA). Its technology stack is built on Next.js/React, Python/FastAPI, Node.js, PostgreSQL with pgvector, AWS, n8n, and Google Apps Script, with AI capabilities anchored by Anthropic Claude, OpenAI APIs, AWS Bedrock, and Pinecone — applied across agentic document processing, RAG-based tutoring, multilingual voice agents, and natural-language database querying.

IOL serves Philippine SMEs, national government agencies (via PhilGEPS Platinum membership), non-profits (DOST-PCIEERD-funded ARCS cooperative management system, UNDP EU-Philippines Green Economy Partnership's Zircuvia), educational institutions, and select international clients across maritime, legal, pharmaceutical, and food ingredients verticals. Notable engagements include a national government membership portal processing 300+ applications since January 2026, a pharmaceutical e-commerce app generating PHP 2M in customer sales within three months of launch, an IP law firm document pipeline achieving 80% processing-time reduction, and the Asia Pacific Theological Seminary website producing 350+ enrollment applications. The CAT Review Platform is distributed through sister company 1Punch Inc., a NIAT-accredited training provider reaching the 30,000-strong CAT professional community.

The business is founder-controlled (CEO Kevin Philip Gayao, CPA/MBA; Katrina Gayao, Backend/AI Lead; Kurt Lee Gayao, Marketing/Design Lead), privately held with no institutional VC, and has been funded to date primarily through DOST-PCIEERD and DOST-TAPI grants (2021, 2023) plus customer revenue. Its competitive positioning rests on AI-native architecture, CPA-authored Philippine regulatory compliance depth, dedicated-instance SaaS deployments contrasting with multi-tenant incumbents like Sprout Solutions, and demonstrable government-grade delivery through UNDP and PhilGEPS work.

Name

IOL

Legal name

IOL Inc.

Website

https://iol.ph

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

IOL Inc. is a Baguio City-based AI-native software studio (~10 staff) that builds custom enterprise and government software and operates six proprietary SaaS products (TalinoHR, Zigmafy, CuraCart, MoneyGlow, CPA Review PH, Zircuvia) for Philippine SMEs, government agencies, and international clients, leveraging Claude, OpenAI, and RAG-based architectures.

Ownership category

akta.pro rank

Product category

Custom Software Development & SaaS Products

NAICS

Custom Computer Programming Services (541511), Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372)

akta.pro primary industry

AI/ML Solution Integration & MLOps Enablement (BPAEAAAJ)

akta.pro secondary industry

AI/ML Engineering & Model Development Services (BPAEAHAF)

Keywords

• Custom software development
• AI-native software studio
• Enterprise AI solutions
• SaaS product portfolio
• Philippine HRIS platform

Headquarters

HQ city

Baguio City

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Custom Software Development Services: IOL builds custom enterprise solutions for businesses, governments, and institutions on a project basis. Engagement models include fixed-scope projects (defined deliverable, timeline, and price), ongoing retainers (dedicated monthly team), and consultation/advisory services. Pricing is inquiry-based with transparent itemized quotations. This is the primary revenue stream.
2. SaaS Product Subscriptions: IOL builds and operates its own portfolio of SaaS products including TalinoHR (AI-native HRIS/payroll for Philippine SMEs), CPA Review PH (AI exam prep), CAT Review Platform (white-label via 1Punch Inc.), MoneyGlow (financial literacy app), Zigmafy (retail POS/inventory), CuraCart (e-commerce for MSMEs), and Zircuvia (green tourism app). Revenue generated through tiered subscription plans, usage-based access, and custom pricing per organization size.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

IOL Inc. is an AI-native software studio based in Baguio City, Philippines that builds custom enterprise software solutions for organizations and government agencies and also develops and operates a portfolio of proprietary SaaS products. Its packaged offerings span HR and payroll (TalinoHR), AI document retrieval (Zigmafy), pharmaceutical e-commerce (CuraCart), personal finance (MoneyGlow), CPA and CAT licensure review (CPA Review PH, CAT Review), legal AI (Zircuvia), and AI voice agents for customer service.

Product overview

IOL is an AI-native software studio that builds custom enterprise solutions and maintains a portfolio of SaaS products. The product portfolio centers on six core own-products: TalinoHR (AI-native HRIS/payroll for Philippine SMEs), Zigmafy (retail POS/inventory), CuraCart (MSME e-commerce), MoneyGlow (financial literacy app), CPA Review PH (AI exam prep), and Zircuvia (green tourism platform). Additionally, IOL offers AI-powered client solutions including document retrieval assistants, legal document processing, voice customer service agents, and custom e-commerce/healthcare applications. The company also developed the white-label CAT Review Platform engine that powers CPA Review PH. All products leverage AI capabilities including Claude AI, OpenAI, RAG-based knowledge retrieval, and agentic automation. Development is centered on React/Next.js, Node.js, Python/FastAPI, with PostgreSQL, AWS infrastructure, and n8n workflow automation.

Differentiator

Problem solved

Functional benefit

Brands

• TalinoHR: AI-native HRIS and payroll platform built for Philippine SMEs. Automates timekeeping, payroll compliance, and employee records with built-in knowledge of Philippine labor law (SSS, PhilHealth, Pag-IBIG, BIR, DOLE).
• Zigmafy
• CuraCart
• MoneyGlow
• CPA Review PH
• Zircuvia
• ARCS

Products and services

• TalinoHR

Quantifiable outcome

• 80% reduction in document processing time for IP law firm legal document workflow
• +7 more outcomes

Named customers10 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability11 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core and minor.

• 1Punch Inc. (Sister Company)coreStrategic or Co-development Partner · 1 January 20251Punch Inc. is IOL's sister company and a NIAT-accredited Certified Accounting Technician training provider since 2017. Through this relationship, IOL built the CAT Review Platform and white-labeled the same engine for CPA exam preparation. 1Punch provides the domain expertise and accreditation for the accounting technician and CPA exam market, while IOL provides the AI-native technology platform. The white-label architecture was confirmed when the CAT engine was deployed for CPA review with exam-specific content.
• UNDP EU-Philippines Green Economy PartnershipcoreStrategic or Co-development Partner · 1 January 2025IOL was selected in late 2025 to develop Zircuvia — a smart circular tourism platform for Puerto Princesa City, Palawan — under the UNDP EU-Philippines Green Economy Partnership's Circular Solutions Innovation Challenge. IOL conducted 14 stakeholder engagements with local businesses, LGU officials, tourism officers, and community leaders in March 2026. The platform targets conscious travelers, sustainable local businesses, and LGU data needs. The platform will be demonstrated at the UNDP EU-Philippines Green Economy Partnership Demo Day in June 2026.
• Anycase and ChatGenie (Philippine AI Ecosystem)minorStrategic or Co-development Partner · 1 January 2025IOL participated in Eheads 15: AI Fireside Chat alongside Beato Bongco from Anycase and Ragde Falcis from ChatGenie — Philippine AI companies sharing insights on building AI businesses. Panel discussion covered LLM integration approaches, tech stack choices (OpenAI, Anthropic, AWS Bedrock), hallucination mitigation strategies, cost management, and the Philippine AI startup ecosystem. While not a formal commercial partnership, it represents active engagement in the Philippine AI business community for knowledge sharing and ecosystem building.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Thinking Machines: Philippine data science and AI consultancy serving enterprise and government clients; directly comparable to IOL's AI/ML engineering and data-driven solution delivery for the Philippine market.
• Stratpoint Technologies: Philippine software services firm offering AI, cloud, and digital transformation services to enterprise and government clients — directly comparable to IOL's custom development and AI-integration studio model.
• Sprout Solutions: Philippine HRIS and payroll SaaS provider for SMEs; explicitly named as IOL's multi-tenant competitor for TalinoHR, offering overlapping Philippine compliance and HR functionality with broader market reach.
• Exist: Philippine-headquartered software development and digital transformation consultancy; comparable to IOL's custom enterprise build services and AI/ML engineering capabilities for international clients.
• Arcanys: Philippine custom software development and AI/ML engineering company serving startups and enterprises; comparable in build-for-clients model, technology stack emphasis, and target customer profile.

Broad incumbents

• Pointwest Technologies: Larger Philippine IT services and digital transformation provider with enterprise and government client base; comparable to IOL's services offering but with broader portfolio, deeper delivery scale, and incumbent advantages.
• Voyager Innovations: Large Philippine fintech and digital services company (operator of GCash); relevant broad incumbent operating across the same Philippine digital transformation, fintech, and government-tech arenas where IOL competes for contracts.
• Yondu: Large Philippine digital solutions and IT services company offering custom software, cloud, and AI services; comparable to IOL's enterprise build services but operating at materially greater scale and broader portfolio breadth.

Emerging players

• PayMongo: Philippine online payment infrastructure company integrated into many local SaaS and e-commerce stacks; comparable to IOL's integrations layer (e.g., Xendit in CPA Review) and indicative of the local fintech/AI ecosystem IOL operates in.
• Kalibrr: Philippine HR/recruitment technology platform serving job seekers and employers; adjacent to TalinoHR in Philippine HR-tech category with partial functional overlap (HRIS-adjacent workflows) but different primary use case.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/iolphcom
• LinkedInlinkedin.com/company/iol-inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about IOL