Close Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Startmate

Investor type Accelerator
Founders Niki Scevak

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
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.

Looking for a perfect list of funds?

Get recommendations from our smart algorithm

Get the list
Total investments 86
Average round size
info
The average size of a deal this fund participated in
$255K
Portfolio companies 81
Rounds per year 6.62
Lead investments 16
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.06
Exits 4
Key employees 1
Stages of investment
Seed

Areas of investment

  • Software
  • Information Technology
  • Apps
  • Internet
  • SaaS
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.

Read more

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

Butter Insurance

Financial Services
Insurance
Online Portals
Personal Finance
$1M07 Dec 2022 Sydney, New South Wales, Australia

Kara Technologies

Artificial Intelligence
Information Technology
Software
$897K11 Nov 2022 -

Steppen

Apps
Mobile Apps
Software
$1M27 Oct 2022 -

The Mintable

$4M07 Jun 2022 -

Storipress

Blogging Platforms
CMS
Digital Media
Software
$365K01 Jun 2022 Sydney, New South Wales, Australia

ProductEngine

Consulting
Information Technology
$876K26 May 2022 Brisbane, Queensland, Australia

Minke

$474K11 Dec 2021 Melbourne, Victoria, Australia

Vertus Energy

$828K27 Oct 2021 Auckland, Auckland, New Zealand

Agtuary

Agriculture
Financial Services
FinTech
Lending
Mobile Apps
Risk Management
Supply Chain Management
$75K06 Oct 2021 Carlton, Victoria, Australia

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Startmate?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: