Tank Stream Ventures
Level 10, 17-19 Bridge Street, Sydney, New South Wales, 2000, Australia
Overview
Tank Stream Ventures is an early stage venture capital firm that invests in strong teams solving core human problems!. We support founders with an almost obsessive vision to disrupt existing industries, create new ones and improve lives through technology. We like Founders with a problem solving vision as opposed to a solution driven one. We see technology as an enabler rather than an end in itself. We like to get involved as early as we can and are flexible in terms of geography – we’ve made investments from Hobart to Stockholm, with a strong concentration in Australia and the US. Through Tank Stream Labs, Australia's leading entrepreneurial community and co-working space, we are surrounded by entrepreneurs, thought leaders and ingenious opportunities every single day.
- Total investments
- 10
- Lead investments
- 5
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Finance
- Financial Services
- Impact Investing
- Venture Capital
Investment portfolio
- Biteable
Participated · Series A · Dec 2020
Biteable offers a template-driven online video builder with a library of 1.8 million pictures, clips and animations and hundreds of in-house animation scenes. The product targets reusable business video assets (explainers, marketing, product pages) rather than short-lived social clips, with typical videos between 30 seconds and 3.5 minutes. Biteable licenses content from Unsplash and Storyblocks and releases hundreds of scenes per month to keep its library fresh. The company operates a freemium subscription model (free tier with watermark; $19/month single user; $49/month professional plan; custom pricing available). Combined free and paid users exceed six million and they create roughly 100,000 unique videos per month, a figure that about doubled over 2020. With the new funding the company plans to hire and continue product development to scale the business. Biteable operates a freemium online video maker used by major brands and SMBs to produce ads, infographics, animations, explainer videos and presentations. The platform offers a free tier and a subscription option priced at $99 USD per year. Today nearly 3 million people use the online video maker. The company plans to use new funding to drive further global growth of the platform. Management intends to hire up to 50 new employees across development, design, marketing and copywriting this year. Biteable was founded to serve a global user base with simple, template-driven video creation tools. Biteable offers a template-driven online platform that allows users to produce professional promo videos quickly, with a watermarked free tier and a US$99 option to remove the watermark. The company has seen rapid user growth—over 90,000 customers have created more than 100,000 videos, with over 24,000 users joining in the last month alone. Founded in 2013 and based in Hobart, Biteable serves a mix of small businesses, schools and Fortune 500 companies, and most of its users are overseas. The new funding will be used to expand the team (including adding two local developers), further develop the product, and broaden the video content available to users. Management is considering changes to pricing, including introducing subscription plans to address heavy-use customers, while continuing to offer a free product that drives traffic via the watermark.
- ezyCollect
Participated · Equity · Feb 2020
ezyCollect is an Australian-owned end-to-end order-to-cash platform that automates the collections process for small and medium businesses. Founded by AJ Singh and Raj Kuckreja in 2015, the cloud-based app integrates with accounting or ERP software to automate personalised payment reminders, track invoices, offer online payment options, and provide real-time credit scores and predictive debtor risk. The company says it serves more than 1,000 paying businesses across 24 countries and has A$1.7 billion in receivables under management. A majority of customers report an 11-day reduction in late payments, improving cashflow and reducing the need for manual collections staff. ezyCollect emphasizes quick setup—customers can connect existing accounts software in minutes and receive customer support to begin automating collections. The company has stated the funding will help it deliver the platform internationally and expand its global reach. EzyCollect offers a cloud-based platform that automates debt collection for small and medium-sized enterprises through fully automated follow-up emails, SMS and dispute management. The platform was launched more than 18 months before the round and the company reports it now has more than 1,000 users across eight countries and paying customers and revenue. Founder Arjun Singh says the product takes a proactive approach to payments to change payment culture from reactive to proactive. The company plans to use the funding primarily to raise awareness among SMEs and for further product development. Management intends to prioritise gaining local traction in Australia before pursuing international expansion.
- Flare
Participated · Series B · Aug 2018
Flare is a Sydney-based HR software provider founded in 2015 that offers tools to manage employee onboarding, performance reviews, internal communications and other HR functions for SMEs. The company targets businesses with fewer than 2,000 employees and has a team of around 95. Flare is expanding its product set to include workplace financial products and broader financial-wellness solutions. It announced a partnership with KKR-backed accounting platform MYOB to deliver digital products to MYOB customers. The firm said the software will be available for MYOB SME customers by the end of the year and for Enterprise customers in 2021. Financially, Flare raised $22M in a Series C, bringing its total funding to $51.5M. Flare provides an all-in-one cloud-based HR, onboarding, financial wellbeing and payroll platform. The product suite combines onboarding, integrated HR and payroll tools with a financial wellness and benefits platform. The company intends to use new funding to grow local adoption of its onboarding and fully integrated HR and payroll products and to expand its financial wellness and benefits offerings. Since its last major investment in August 2017, Flare has doubled its customer base to over 200 clients. Its platform is used by over 100,000 employees across Australia. The company was co-founded by Dan Cohen, James Windon, Saul Kaplan and Colin Mierowsky. Flare HR offers a cloud-based HR platform that handles onboarding, training, communication, superannuation, benefits and other HR functions. The company plans to launch Flare Pay next month to automate payroll and provide reports, interactive payslips and data-driven dashboards. Funds from the recent round will be used to build out the HR solution, add integration capabilities and introduce a single-touch payroll feature planned for release in July next year. Flare launched its core cloud product into the market last year and was founded by Jan Pacas, Saul Kaplan, Colin Mierowsky and Daniel Cohen. The startup expanded its team from four to 35 employees over the past year and has secured 100 clients supporting over 40,000 employees. James Windon is joining the company as a cofounder alongside the existing team.
- Go1
Led · Equity · Jul 2015
Go1 aggregates and curates content from dozens of providers (including Blinkist, Thrive, Skillsoft, Pluralsight and Harvard Business Publishing) into a single platform customers can license rather than contracting with each provider. Its customers range from companies like TikTok to the Singaporean government, and the company says revenues, customers and learners all doubled in the last year. Go1 now reports about 5 million learners using its platform. Growth has been largely organic to date, though the company has started pursuing inorganic expansion—acquiring French‑Swiss B2B edtech startup Coorpacademy in April to deepen reach in francophone markets. Management plans to use new funding to pursue further M&A, explore expanding beyond employer‑sourced learners into consumer relationships, and invest in technology such as VR-based learning and livestreaming. Go1 maintains its own branding across the experience rather than offering a fully white‑label product. Go1 provides a curated online learning platform for enterprises, aggregating some 150,000 pieces of content from roughly 1,000 publishers into configurable "playlists". The product includes analytics and AI-driven personalization to measure engagement and tailor learning. The company says it serves about 3.5 million users and more than 1,600 enterprises, with active users spending about two to six hours per month and user growth of over 300% in the last year. Go1 partners with major content providers (Pearson, EdX, Coursera, Skillsoft, Blinkist, Harvard Business Review) and integrates with corporate systems such as SAP, Workday, Salesforce and Microsoft Teams. It also aims to expand features around credential portability so users can carry certifications between jobs. The company is expanding its suite of learning and development services and plans geographic expansion deeper into Europe and across the Asia Pacific region. GO1 is an online learning platform that aggregates professional training and compliance courses from vetted content partners. Its catalog includes over 170,000 courses provided by about 100 partners and is available to more than 1.5 million users across 3,000+ customers. Usage on the platform has grown five-fold over the last 12 months and engagement reportedly tripled in the most recent month. GO1 can integrate with in-house learning management systems or provide its own, and it has strategic integrations with Microsoft Teams. The company is expanding its partner network and aims to continue growth in North America. GO1 is making COVID-19–related learning resources available for free to support teams during the pandemic. GO1 is an Australia-based training platform that provides online training services. The article identifies the company primarily by its training-platform product. GO1 has raised $30 million in a Series B financing. The round was led by M12, the corporate venture arm of Microsoft. The article notes M12 invests in next-generation technology companies. No additional financial details, operating metrics, or future plans were disclosed in the article. GO1 operates an online platform and marketplace where users can browse or create courses spanning compliance, onboarding, and personal development. The company says it hosts more than 500,000 courses and learning resources and has over 22 million users across clients such as Cricket Australia and Adshel. GO1 integrated its courses into Seek’s jobs platform so job seekers see relevant training during the hiring process; Seek is also a customer. The startup plans to use the new funding to expand into new markets around the world. Andrew Barnes, GO1 cofounder and CEO, framed the Seek investment as a step toward deepening the partnership and increasing global presence.
- Spring.me
Participated · Seed · Oct 2014
Spring.me emerged from the ashes of Formspring and is positioning itself as a social network focused on friendliness. The company publicly frames its mission as creating the "friendliest social network." According to the article, Spring.me raised $5M to pursue that goal. The piece does not provide details on the financing instrument, participating investors, revenue, user metrics, founding year, or location. The reporting outlet for the story is Copenhagen INK. The funding is described as intended to support building and growing the product and community.