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Startmate

Founders Niki Scevak

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 119
Average round size
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The average size of a deal this fund participated in
$581K
Portfolio companies 109
Rounds per year 8.50
Lead investments 38
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.08
Exits 4
Key employees 1
Stages of investment
Seed

Areas of investment

  • Software
  • Information Technology
  • Internet
  • Apps
  • Mobile
Summary

In 2010 was created Startmate, which is appeared as VC. The venture was found in Australia. The main office of represented VC is situated in the Melbourne.

The fund was created by Niki Scevak.

For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States. Moreover, a startup needs to be at the age of 1 and less years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Bugcrowd, Ninja Blocks, Vero. Among the most successful fund investment fields, there are Apps, SaaS. The fund has exact preference in a number of founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low.

The typical case for the fund is to invest in rounds with 1-2 participants. Despite the Startmate, startups are often financed by Blackbird Ventures (Australia), Thomas Rice, Melbourne Accelerator Program. The meaningful sponsors for the fund in investment in the same round are 500 Startups, Blackbird Ventures (Australia), Thomas Rice. In the next rounds fund is usually obtained by Costanoa Ventures, Sydney Angels, Square Peg Capital.

Considering the real fund results, this VC is 4 percentage points more often commits exit comparing to other organizations. Deals in the range of 100 thousands - 1 million dollars are the general things for fund. The top activity for fund was in 2015. Comparing to the other companies, this Startmate performs on 24 percentage points less the average number of lead investments. The fund is generally included in 2-6 deals every year.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Startmate:
Typical Co-investors
Startmate is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Startmate:

Funds with similar focus

Funds from Australia
Funds with similar focus located in Australia:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Vertus Energy

$10M27 Jun 2024 Auckland, Auckland, New Zealand

Switchboard

$1M12 Jun 2024 Sydney, New South Wales, Australia

Kite Therapy

$750K08 May 2024 Collingwood, Victoria, Australia

Bygen

$1M15 Apr 2024 Adelaide, South Australia, Australia

Vxt

Mobile
Software
Telecommunications
$1M12 Apr 2024 Christchurch, Canterbury, New Zealand

Carbonaught Pty Ltd

Agriculture
CleanTech
GreenTech
Trading Platform
08 Feb 2024 Brisbane, Queensland, Australia

Amber Electric

E-Commerce
Energy
Renewable Energy
$21M30 Jan 2024 Melbourne, Victoria, Australia

Alt.Leather

Environmental Consulting
Textiles
$803K29 Jan 2024 Melbourne, Victoria, Australia

Kite Therapy

$750K30 Dec 2023 Collingwood, Victoria, Australia

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Total investments 119
Average round size 581K
Rounds per year 8.50
Peak activity year 2024
Lead investments 38
Follow on index 0.08
Exits 4
Group Appearance index 0.59

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Vertus Energy

$10M27 Jun 2024 Auckland, Auckland, New Zealand

Switchboard

$1M12 Jun 2024 Sydney, New South Wales, Australia

Kite Therapy

$750K08 May 2024 Collingwood, Victoria, Australia

Bygen

$1M15 Apr 2024 Adelaide, South Australia, Australia

Vxt

Mobile
Software
Telecommunications
$1M12 Apr 2024 Christchurch, Canterbury, New Zealand

Carbonaught Pty Ltd

Agriculture
CleanTech
GreenTech
Trading Platform
08 Feb 2024 Brisbane, Queensland, Australia

Amber Electric

E-Commerce
Energy
Renewable Energy
$21M30 Jan 2024 Melbourne, Victoria, Australia

Alt.Leather

Environmental Consulting
Textiles
$803K29 Jan 2024 Melbourne, Victoria, Australia

Kite Therapy

$750K30 Dec 2023 Collingwood, Victoria, Australia
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