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l1Capital Group

Level 45, 101 Collins Street, Melbourne, Victoria, 3000, Australia

Overview

L1 Capital is a boutique fund manager based in Melbourne committed to offering best in class investment products. The firm invests for wholesale clients, primarily superannuation funds, large institutions and high net worth individuals and has been one of Australia’s top performing Australian equity fund managers since its inception in 2007.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Finance
  • Financial Services
  • Impact Investing
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Investment portfolio

  • dapulse

    Participated · Series A · Jun 2016

    dapulse is a SaaS-based team management platform that aims to improve work processes and create an environment of transparency in business. The product's structure is flexible, serving teams of two up to complex workplace operations of thousands across departments and time zones. The tool is fully customizable to suit any business vertical and the company plans further product integrations and vertical-specific customization. dapulse has over 10,000 paying teams in more than 125 countries, with customers including Adidas, AT&T, Discovery Channel, Samsung, Uber, WeWork, and Wix. Launched in 2014 and led by CEO Roy Mann and CTO Eran Zinman, the company will use new funding to scale international operations and accelerate product development. The $25M Series B increased the company's total funding to $34.1M. Dapulse began life as an internal communications tool at Wix.com and has since morphed into a full‑fledged project management SaaS. The product emphasizes a very visual, intuitive and customizable interface the company says "communicates with people," avoiding traditional hierarchical task lists. Co‑founder and CEO Roy Man says the company reached product‑market fit with this approach. Dapulse reports more than 4,500 paying customers across 85 countries, including WeWork, General Assembly, Uber, Wix, AOL, Adidas and Frost & Sullivan. The company says its customer base is doubling roughly every five months, indicating rapid scaling. Dapulse targets teams that have avoided traditional project management tools because of perceived complexity. daPulse offers a topic-based internal communications tool that lets employees follow "pulses" (topics) instead of individuals to reduce noise. The product was born as an internal project at Wix in 2010 and was spun out as a separate venture in February of this year. daPulse emphasizes topic-centered feeds so users see only projects, news, teams and updates relevant to them. The company reports usage in over 15 companies and by thousands of employees, though rollout has been limited so far. daPulse plans to use new funding to further develop its product and to expand marketing and customer acquisition efforts in the US and Europe. The startup is entering a crowded market that includes established players and recent consolidation, such as Microsoft's acquisition of Yammer.

Team

No current team members are available.