The Venture Codex Logo

The Venture Codex

Gandel Invest

Unit 3, 209 Toorak Road, South Yarra, Victoria, 3141, Australia

Overview

Gandel Invest makes strategic, non-controlling investments in growing businesses.

Total investments
11
Lead investments
2
Investments · 12mo
3
Active investors
2
Visit website

Investment portfolio

  • Sophiie AI

    Participated · Seed · Aug 2026

    Sophiie AI offers an AI-native operating platform that automates the administrative workflows of high-volume trades and service businesses, handling customer enquiries, qualification, booking, scheduling, job coordination, quotes, follow-ups and invoicing across phone and digital channels. The company evolved from an AI receptionist to a broader operating layer designed to run workflows continuously alongside owners, office teams and tradies in the field. Founders Jacob Banks, Luke Kelleher and Juan Castro built Sophiie after observing large operational inefficiencies in trades markets. Sophiie reports serving thousands of businesses across Australia, New Zealand and the U.K., and growing roughly 10–15% month-on-month. The company plans to use recent seed funding to accelerate product development, grow its team and expand its presence in existing markets before entering the U.S. later in the year. No revenue figures or prior funding rounds were disclosed in the articles.

  • Swan

    Participated · Equity · Feb 2026

    Swan is developing an "AI GTM Engineer" that absorbs maintenance, orchestration, and other technical burdens that typically fall on sales and marketing operations teams. By separating human judgment from engineering execution, the platform allows small teams to run complex go-to-market systems without expanding headcount. In 2025, the three-person company acquired more than 200 customers, demonstrating rapid traction with minimal staffing. Swan’s broader ambition is to prove that modern companies can scale intelligence rather than headcount, ultimately targeting $10 million in revenue per employee. The Boston-based startup positions go-to-market as its initial proving ground before extending the concept of an “autonomous business” to other corporate functions. Management argues that valuation will matter less than revenue per employee in the AI era, and the product is designed around that principle.

  • EatClub

    Participated · Series B · Feb 2026

    Founded in 2017, Melbourne-based EatClub operates a marketplace app that lets restaurants post real-time, discounted offers during off-peak periods, enticing diners while improving venue utilisation. More than 5,000 Australian venues are on the platform, including over 1,700 in Victoria and a similar number in New South Wales. The company entered the U.K. in 2024 and now counts around 1,000 restaurants there as customers. Legendary chef Marco Pierre White was an early backer, lending both capital and culinary credibility. EatClub survived the Covid-19 downturn in hospitality and has since accelerated growth. Media reports indicate its valuation has doubled to about US$200 million following the latest round. The new capital will fund further expansion in Britain and other international markets.

  • Singularity

    Participated · Equity · Feb 2024

    Founded in late 2022, Portal Gate is building infrastructure that lets institutions trade on-chain while keeping transaction details private and meeting regulatory requirements. Its first product, privacy pools, obscures wallet-to-wallet linkages and is slated for a mainnet launch in Q3. The company’s core roadmap centers on a decentralized dark pool that will hide order sizes and prices, enabling large, efficient trades without market impact. Portal Gate relies on zero-knowledge-based compliance oracles to provide both off-chain and on-chain permissioning as Web3 regulation evolves. The fresh capital will be used to expand the core team, finalize the privacy-pool rollout, and accelerate dark-pool development. No revenue or user figures were disclosed in the articles.

  • Reebelo

    Participated · Series A · Mar 2023

    Reebelo operates a marketplace for refurbished and pre-owned consumer electronics—including phones, laptops, tablets, smartwatches and gaming devices—positioned on price and sustainability. The company provides one-year warranties, certified sellers and 30-day free returns, and has expanded category coverage beyond phones into gaming and related items. It has built embedded financial services such as a buyback program and device upgrade options, and a warranty product (ReebeloCare) that has seen 330% year-over-year growth. Reebelo reports over 200,000 customers, a 12x growth in gross merchandise value over the past two years, and global sales that tripled in the last year; the U.S. now represents 25% of sales with more than 21,000 customers. Future plans include growing the U.S. team and opening a second U.S. office, further investment in existing markets, expansion into Canada later this year, and testing new categories such as gaming and mobility. Reebelo operates a curated marketplace that standardizes device condition with a grading system and vets partner vendors to sell certified pre-owned and refurbished smartphones (with plans to expand to tablets, laptops and drones). The platform enforces quality checkpoints, offers free 14-day returns and a one-year warranty, and treats vendors as customers to build a regional circular-economy supply chain. Reebelo says revenue grew 600% year-over-year in less than two years, serves about 10,000 monthly customers, and is nearing $100 million in annualized gross merchandise value. The company is active across Asia and Australia with offices in Singapore, Australia, New Zealand, Hong Kong, Malaysia and Taiwan. Future plans include hiring ~50 employees across existing markets, expanding into new markets in 2022 (including South Korea), and launching financial services such as device subscription, extended warranties, damage coverage and stolen-phone protection. Reebelo is a Singapore-based marketplace that screens, refurbishes and sells used electronics including phones, laptops, tablets and gaming devices. Each device is refurbished, carries a warranty, and the company says prices can be up to 70% less than new equivalents. The company also buys used devices for cash through an online trade-in program and holds a secondhand goods dealer’s license from the Singapore Police Force. Reebelo was founded last year by CEO Philip Franta and participated in StartupX’s HyperSpark sustainability pre-accelerator run with Temasek. It currently operates in Singapore and plans to expand across the Asia-Pacific region over the next two to three years. Reebelo raised a $1.25 million seed and will use the funds for hiring, with a focus on marketing and operations/customer service as it scales.

Team