Serial entrepreneur Bjorn Pardo has been building new ventures all his life. He first founded express shipping and courier service Xend in 2004, followed in 2013 by QuadX, an e-commerce venture
“Real estate is one of the most antiquated industries in the Philippines and it’s marred with manual processes,” he says. And as consumers moved online because of the COVID-19 pandemic, Pardo says there is a huge gap in terms of ventures that could serve that new demographic.
“[A]s we dived deeper into the solutions, it became clear that there’s so much need to address the communities around [proptech]. We saw opportunities to serve adjacent markets like professionals in coworking spaces, students in coliving arrangements, tourists and so on. That’s when we added ‘plus’ in ‘proptech+,’” he explains.
The venture studio also has a hands-on management and advisory team, employing entrepreneurs from different industries in order to offer unique insights when it comes to manning the various startups in their portfolio. “Filipinos are naturally entrepreneurial, but the operating environment is not the most friendly and it’s very difficult for new founders to get started building their ventures. We are here to augment any founder that has an idea to serve this new market. This focus of being founder-first and treating the customer as the central focus is something vastly different from all other venture builders today,” says Pardo.
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