Shoppable Business, a Filipino supply chain technology company developing an AI-powered middleware solution and managed B2B marketplace, has raised a seed round of $1.16M to fuel its growth and enhance its end-to-end supply chain platform in the Philippines . The round was led by Ignite House of Innovation, with participation from Tenco Capital, Indelible Ventures, ApolloTech Ventures, Manila Angel Investors Network, Seaborne Capital Partners, Select Ventures Holding, and strategic angel investors (new and existing).
Founded in 2022 and led by Carlo Silva, Sam Blanquera, Chris Blanquera, and Mark Reyes. Shoppable is addressing supply chain inefficiencies by making it easier for companies to procure and supply products through a single supplier on record with their managed marketplace model. Furthermore, they are developing Quotable AI, a middleware software that automates quotes, invoicing, purchase orders, payments, financing, and product information management—helping businesses optimize workflows, reduce manual errors, and scale procurement and distribution operations seamlessly. With over 1,000 buyer companies, 2,500+ suppliers in Shoppable’s supply chain network, the company is now accelerating its growth trajectory and aiming to be profitable by the end of 2025.
“We built Shoppable to simplify B2B transactions, and Quotable is the next evolution of that vision. This funding will help us bring powerful automation tools to more businesses, especially MSMEs who need it the most. By making supply chains more efficient and connected, we’re not just solving procurement problems — we’re helping businesses grow and thrive in the digital economy.” [said Sam Blanquera], COO of Shoppable
Fueling Growth and Further Developing Its AI-Powered Middleware Supply Chain Solution
With this capital, Shoppable will continue advancing Quotable, its AI-driven middleware platform, allowing businesses to automate critical supply chain processes and improve decision-making through data-driven insights and reporting. With Quotable, companies can create their own private supply chain network and invite their customers and suppliers to be part of it. The platform’s automation capabilities streamline manual workflows end-to-end enabling seamless collaboration between buyers, suppliers and lenders. Quotable will allow companies to integrate their ERP systems, Point-of-Sale Systems, and Online Sales Channels, syncing orders and inventory in a matter of seconds.
“We understand how frustrating it is to do everything manually through spreadsheets, which is why we decided to build Quotable. Quotable was originally built for our own problems, but our suppliers and buyers had the same problems too. By reducing manual inefficiencies and improving data accuracy, we empower businesses to scale faster and operate with greater agility in an increasingly complex supply chain landscape like the Philippines. [said Carlo Silva], CEO of Shoppable.
Investors Backing the Vision
Asked about the investment, Ignite House of Innovation CEO Andre Yap explained why Ignite VC came in as lead investor:
“B2B commerce and supply chain, when you see it at the scale, not just of big companies, but more so through the lens of millions of MSMEs doing tens of thousands of transactions daily— it’s primitive, with lots of gaps and opportunities. Shoppable’s key insight is to fix the daily workflows, both supply and demand-side inefficiencies, and build the marketplace from there. This is precisely the kind of 100x ROI and impact we invest in at Ignite— something like Shoppable needs to happen. Is this the team to do it? That’s the bet we made. Shoppable was one of our longer DD processes, much of it getting to know the founders (yes, they have great resumes and exits and all that) but really wanted to see how they work together and keep solving problems. If anyone’s going to pull this off, it’s Carlo, Chris, Sam and Mark.” [said Andre Yap]
Kevin Brockland, managing partner at Indelible Ventures, believes Shoppable is uniquely positioned to transform B2B supply chains in Southeast Asia:
“Companies operating in this space must be able to address the procedural component of how procurement functions currently, both from the Vendor and Purchaser side. This is exactly what we found in Shoppable, they are solving the infrastructure layers by building software solutions to enable both the buyer and seller side to manage the procurement process. Combine great Founders with a unique insight on addressing a hard structural problem and this is why we are excited to be part of their journey with Shoppable.” [said Kevin Brockland]
What’s Next for Shoppable
With this investment, Shoppable is focusing on growing their customer base, enhancing their marketplace technology, building a lending dashboard to enable their lender partners to directly finance buyers and suppliers on the platform, and rolling out Quotable their AI-powered middleware software for FREE to MSMEs to solidify its position in the market.
“In order for us to compete globally, we need to digitize how we do things. Shoppable is transforming B2B procurement and supply chain operations by equipping businesses both Enterprise and MSMEs with the right tech because we believe that technology is a great equalizer. This funding is accelerating our mission, allowing us to drive efficiency, transparency and growth for businesses of all sizes.” [said Mark Reyes], CBO of Shoppable
“We’re just getting started. This funding will allow us to further develop our technology, innovate smarter, and empower more businesses to navigate supply chain complexities with cutting-edge automation.” [said Chris Blanquera], CTO of Shoppable
Quotable is currently in private beta, signup at getquotable.ai to get on the waitlist.
