Portfolio

The companies we’ve backed.

Post-revenue Australian and New Zealand B2B tech, mostly solving unglamorous problems in industries that have been waiting a long time for someone to solve them.

14 companies25 investments1 exit

APLYiD

KYC and AML platform for the financial services industry

FinanceInvested Q4 2021

Gasbot

Asset monitoring platform for the LPG industry

EnergyInvested Q4 2023

Kanopi

Embedded insurance platform

InsuranceInvested Q2 2023

GreaseBoss

Lubrication management platform for heavy industry

Mining and resourcesInvested Q3 2024

OneMRI

Whole-body MRI and health diagnostics services

HealthInvested Q2 2025

1Breadcrumb

Safety and compliance software for construction sites

ConstructionInvested Q2 2025

Mercha

Marketplace for company branded merchandise

EcommerceInvested Q1 2024

Paperly

Unified school administration and payments platform

EducationInvested Q4 2025

FlyFreely

Drone management platform for commercial pilots and fleets

TransportInvested Q2 2023

Cake

Cap table management platform for startups

FinanceInvested Q1 2023

Layer

An IP marketplace for video game developers

MediaInvested Q4 2021

VendorPanel

Procurement management platform for government and councils

GovernmentInvested Q4 2022Exited

Ailo

Full-stack property management platform for real estate agencies

PropertyInvested Q1 2026

We back two to six companies a year.

We deliberately choose to make fewer investments so we can spend more time helping the portfolio companies to scale and exit.

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