Endeavor Philippines earns $900-M revenue

Endeavor Philippines earns $900-M revenue | Daily Tribune

Endeavor Philippines, a global organization for high-impact entrepreneurs, has unveiled that its network of businesses collectively generated $900 million in revenue, created 66,000 jobs, and raised $1 billion in capital in 2023 as it celebrates its 10th year since its launch in the Philippines.

In its 2024 Impact Report, Endeavor Philippines highlighted the success of Endeavor’s groundbreaking “Multiplier Effect” program, which fosters a culture of mentoring and a “pay-it-forward” mindset.

The program illustrates how the success of one entrepreneur can inspire and mentor the next generation of founders, uplifting the entrepreneurial ecosystem and creating a ripple effect that fuels innovation and growth across multiple generations.

Endeavor Philippines further supports these entrepreneurs through Endeavor Catalyst, the organization’s co-investment fund, which manages over $500 million in assets across multiple funds. With a portfolio that includes 57 unicorns —companies valued at over $1 billion — the fund has made more than 300 investments in over 35 markets worldwide.

Manny Ayala, managing director of Endeavor Philippines, reflects on the organization’s impact: “At Endeavor, we’re not just supporting individual entrepreneurs; we’re building a chain reaction that reshapes industries and empowers entire communities. Each founder we back is a catalyst for innovation and opportunity, multiplying their success by mentoring, investing and paving the way for others.”

Currently, the organization supports 46 entrepreneurs across 33 companies in diverse industries such as fintech, eCommerce, and logistics. Notable members of Endeavor’s entrepreneur network include Angkas, BillEase, CloudEats, Coins.ph, edamama, Kalibrr and Kumu — some of the Philippines’ most innovative and disruptive companies.

Entrepreneurs selected to join Endeavor’s network undergo a rigorous process and must demonstrate potential for regional or global impact. Membership grants them access to a global community of mentors, investors, and peers. Together, they exemplify the power of the Multiplier Effect, mentoring and inspiring the next generation of founders to drive sustainable growth.

Founded in 2015, Endeavor Philippines has consistently championed the growth and success of Filipino entrepreneurs.

‘Filipino founders will be at the forefront of addressing global challenges, pioneering advancements in fintech, retail, and F&B, and positioning the Philippines as a global hub for breakthrough innovation. We aim to foster a deeply rooted pay-it-forward culture within our entrepreneurial community — where each success story sparks another, creating a lasting cycle of growth and positive impact for generations to come.’

Under Manny Ayala’s leadership, the organization has effectively nurtured high-impact entrepreneurs through its robust network.

Looking to the future, Ayala shared his vision: “In the coming decade, we foresee a period of accelerated growth anchored in three foundational pillars. Filipino founders will be at the forefront of addressing global challenges, pioneering advancements in fintech, retail, and F&B, and positioning the Philippines as a global hub for breakthrough innovation. We aim to foster a deeply rooted pay-it-forward culture within our entrepreneurial community — where each success story sparks another, creating a lasting cycle of growth and positive impact for generations to come.”

Endeavor Philippines envisions the country as a global hub for high-impact entrepreneurs who are not only building world-class companies but also uplifting communities and industries through a pay-it-forward mindset.