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TEN13

Founders Steve Baxter Stewart Glynn

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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 44
Average round size
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The average size of a deal this fund participated in
$17M
Portfolio companies 30
Rounds per year 8.80
Lead investments 7
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.30
Key employees Soon
Stages of investment
Early Stage Venture

Areas of investment

  • Software
  • Financial Services
  • FinTech
  • Information Technology
  • SaaS

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Tang Group, Inc.

Financial Services
$2M05 Sep 2023 Cambridge, Massachusetts, United States

Glider

Internet
01 Jun 2023 -

Raenest

$2M02 Mar 2023 -

Partly

Automotive
E-Commerce
Information Technology
Internet
Software
$21M13 Dec 2022 Christchurch, Canterbury, New Zealand

Kippa

Accounting
Finance
$8M12 Sep 2022 Nguru, Lagos, Nigeria

PT Kini Teknologi Indonesia

Android
Human Resources
iOS
Software
$4M07 Jul 2022 Jakarta, Jakarta Raya, Indonesia

Pearler

Finance
Financial Services
FinTech
$7M01 Jul 2022 Sydney, New South Wales, Australia

Layer

Gaming
Marketplace
Media and Entertainment
Video Games
$2M09 May 2022 Brisbane, Queensland, Australia

Vitruvian Form

Fitness
Home Services
Smart Home
Sports
$15M20 Apr 2022 Perth, Western Australia, Australia
News
Online events platform Delegate Connect gets $10M AUD led by AirTree

– Delegate Connect, a virtual/hybrid events platform, raised $10m in seed funding.
– The round was led by AirTree Ventures and joined by Skip Capital, TEN13 and Australian startup founders like LinkTree’s Alex Zaccaria and Go1’s Andrew Barnes.
– The capital will be used to build Delegate Connect’s teams in Melbourne, London and Norway, which enable it to handle events around the world, increasing headcount from 45 to more than 100 by December.
– It also plans to open a United States-based office soon.

Go1 raises $200M at a $1B+ valuation to boost its curated enterprise learning platform

– Go1, a learning and development platform for enterprises, raised $200m in Series D funding.
– The round was led by SoftBank’s Vision Fund 2, AirTree Ventures and Salesforce Ventures co-led this Series D, with Blue Cloud Ventures, Larsen Ventures, Madrona Venture Group, Microsoft’s M12, SEEK, TEN13 and Scott Shleifer and John Curtius from Tiger Global also participating.
– The company has raised $80m in total funding.
– The company has 3.5 million users and more than 1,600 enterprises globally as customers.

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Total investments 44
Average round size 17M
Rounds per year 8.80
Peak activity year 2022
Lead investments 7
Follow on index 0.30
Group Appearance index 0.82

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Tang Group, Inc.

Financial Services
$2M05 Sep 2023 Cambridge, Massachusetts, United States

Glider

Internet
01 Jun 2023 -

Raenest

$2M02 Mar 2023 -

Partly

Automotive
E-Commerce
Information Technology
Internet
Software
$21M13 Dec 2022 Christchurch, Canterbury, New Zealand

Kippa

Accounting
Finance
$8M12 Sep 2022 Nguru, Lagos, Nigeria

PT Kini Teknologi Indonesia

Android
Human Resources
iOS
Software
$4M07 Jul 2022 Jakarta, Jakarta Raya, Indonesia

Pearler

Finance
Financial Services
FinTech
$7M01 Jul 2022 Sydney, New South Wales, Australia

Layer

Gaming
Marketplace
Media and Entertainment
Video Games
$2M09 May 2022 Brisbane, Queensland, Australia

Vitruvian Form

Fitness
Home Services
Smart Home
Sports
$15M20 Apr 2022 Perth, Western Australia, Australia
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