8990 Holdings, Inc.

formerly 8990IPO

More Than Just Housing

Public · Cebu City, Philippines · Founded 2005 · $132.0M raised

Headquarters
Cebu City
Employees
501–1000
Founded
2005
Business Model
B2C
Total Funding
$132.0M
Last Round
$132.0M Growth EquityMay 2012
Rounds
1
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

8990 Holdings, Inc. is the leading mass housing developer in the Philippines, tracing its roots to the 1991 Villa Candida project in Cagayan de Oro and its DECA Homes brand launched in 2002. Originally incorporated in 2005 as IP Converge Data Center, an information technology and telecommunications provider, the company was renamed 8990 Holdings in 2013 after a change of primary business to real estate. It has completed 58 residential projects, sold more than 85,000 affordable homes across Luzon, Visayas, and Mindanao, and is listed on the Philippine Stock Exchange.

Summary

8990 Holdings, Inc. is a Real Estate company based in Cebu City, Philippines, founded in 2005. It has raised $132.0M in total across 1 round, most recently a $132.0M Growth Equity round in May 2012. Investors include TPG (Growth/Rise) and Khazanah Nasional.

Tech & App Stack

6 technologies & apps tracked

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Funding & Exit History

Secondary MarketSecondary MarketJul 2014

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Funding: Growth Equity. Amounts, valuations, and investors where available.

Investors

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