Narra Venture Capital

Narra Venture Capital (NarraVC) is one of the Philippines' earliest venture capital firms, founded in January 2002 and headquartered in Muntinlupa City, Metro Manila. The firm invests in private high-technology companies with the potential for accelerated growth, targeting teams with defensible competitive barriers rooted in cutting-edge technology or efficient deployment across software services, electronic manufacturing, design services, and information systems built for developing markets. NarraVC is led by Founding Managing Partner Paco Sandejas, PhD, who earned his doctorate and master's degree in Electrical Engineering from Stanford University and was the first summa cum laude graduate in Applied Physics from the University of the Philippines. NarraVC manages two funds — Narra Fund I (2002) and Narra Fund II (March 2007). The Fund II limited partner base includes prominent anchors: Dado Banatao, Managing Partner of TallwoodVC, who was also a founding LP; Ayala Corporation, one of the Philippines' most respected conglomerates; First Philippine Holdings; and the Lhuillier Group. The firm has made 14 investments across Southeast Asia and the United States, writing seed and Series A checks typically between $500,000 and $3 million. Notable portfolio companies include Stratpoint Technologies, a business and productivity software firm that received a follow-on investment in October 2022; Phunware, a mobile platform company; and FlySpaces, an online marketplace for flexible office and event space. NarraVC targets companies that benefit from synergy with advanced technology players and sees the Philippines and broader Asia as fertile ground for defensible technology businesses. The team, which also includes Vice President and Principal Ernie Tarroza, maintains close relationships with its portfolio through hands-on advisory support.