With a focus on technology, the Fund is actively seeking growth-stage Australian businesses that may have fallen outside of the traditional VC laneway, are bootstrapped or require support with corporate restructuring, offshore market entry and expertise to accelerate their next phase of growth.
The capital for this Fund has been fully deployed. The Fund invested in early and later stage technology and healthcare companies seeking growth and development capital including for offshore expansion- particularly those with a strong product market fit and a clear path to revenue.
The capital for this Fund has been fully deployed. Backed by the Commonwealth Government’s Innovation Investment Fund programme, the Fund invested in early-stage Seed and Series A technology and healthcare companies.
The Fund is targeting technology companies addressing major global thematics such as remote workforces, pandemic disruption, rapid digitisation of global economies, clean energy transition, urbanisation, aging populations, access to education and affordable healthcare.
The companies will be high quality scale-up technology businesses but may have fallen outside of the traditional VC laneway, bootstrapped or require support with corporate restructuring, offshore market entry and expertise to accelerate their next phase of growth.
OneVentures’ operational and strategic expertise is working in partnership with the leadership teams of our portfolio companies helping them to unlock their full potential.
BSc(Hons), MSc, PhD
BSc(Hons), MSc, PhD
BSc(Hons), MBA, GAICD
13 August 2018
“Before our commencement with OneVentures, their engagement, efficiency, and honesty during our cap raise process were real differentiators for us. As part of our due diligence process, each interaction showed us that they would be equitable and fair – exactly the kind of partner we were looking for.
During our initial board meetings and engagement sessions, we appreciated that they took the time to truly understand our business and how we operate. They were respectful and considerate as they got to know our team and their roles along with our board members and existing investors.
As OneVentures have supported us to take Lumary to the next level, their consultation and input across many parts of the business has been excellent. In particular, Grant’s integration and insight into crucial metrics and deliberate tracking was invaluable while Nigel brought significant support where we needed it most as we matured the operation of our business.
OneVentures passion for healthcare and their role as a venture capital partner is incredibly balanced. They are a true reflection of a partner who wants to do good while considering all aspects.”
“OneVentures can only be described as a true business partner from day one. The OneVentures team supports us by providing expert advisors, analysts, and access to their incredible global network. The investment funding, we received for our Series B only scratches the surface of the value that they add! As a founder I could not be happier to have the backing of OneVentures. A big shout out to Michelle, Nigel, Aaron, and Matt for being there whenever we need you!”
Do you believe your company is a good fit to our investment mandate?
Our preference is for a warm introduction to be made through our network. You may know someone we’ve worked with before, otherwise the team is active at industry events – so come and say hello!
If this is not possible, please submit an application.
Our investment team manages a high volume of new opportunities and takes the process of assessing each and every one seriously.
We ask that you give us some time to respond (we aim to respond to all enquiries within two weeks).
If we feel your opportunity is a good fit to the mandate for any of our Funds, we will schedule a meeting with one or more members of our investment team to learn about your company, the technology and product, and the leadership team. This first meeting may be via video conference or in person.
Pitching to investors
If our first meeting goes well, we will appoint a Deal Lead who will be your primary liaison with OneVentures and undertake some preliminary due diligence to understand more about your company. During this period, we will often ask for additional information and we may meet with you again. At this stage we will typically focus on:
Assuming a positive outcome from the preliminary due diligence process, we will discuss the terms of a possible investment with you.
If we can agree high level terms, we will ask you to present to the members of our Investment Committee.
We will work with you to prepare a presentation to our Investment Committee, which meets approximately every 6 weeks. The format of this session is typically a 20-30 minute pitch from you followed by Q&A.
You are then asked to leave the meeting and the members of the Investment Committee will discuss the materials presented. We will simultaneously table our draft Term Sheet for the approval of the Investment Committee and assuming they approve the investment we will subsequently offer you a final term sheet for your consideration.
Assuming we agree terms, we now move into a more detailed due diligence process. We will provide you with a detailed list of the due diligence materials we require access to and will ask you to assemble them in a secure data room.
We will meet many times during this period and will require access to additional documents and information. Activities may include meeting with all the members of your team and visiting your premises, interviews with customers and partners, and discussions with other investors and potential acquirers of your business.
Our aim during this process is to independently confirm the information, claims, projections and assumptions you have provided to date.
In relation to debt financing (through the 1V Venture Credit Fund), this step is typically streamlined and usually results in a quicker investment than with equity financing.
When we have satisfactorily completed the key confirmatory due diligence activities, we will commence drafting the legal documents to formalise our investment. Final due diligence will continue in parallel. During this period, we will each be represented by our own legal counsel who will be heavily involved.
When the due diligence process is completed and the documents are agreed and signed, we will transfer the first tranche of our investment to your company bank account.
Congratulations – our partnership has formally commenced!
Learn about our other investment pillars below.
Unlocking the full potential of tech and tech enabled scale-up companies.
Specialising in therapeutics, devices and diagnostics at or near clinical development, with a clear commercial, regulatory and reimbursement pathway.
That’s why we apply a Responsible Investment filter to all prospective portfolio companies, especially seeking those that demonstrate strong ESG principles.
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