Participated · Equity · Nov 2025

Pay.com.au operates a B2B payments and rewards platform that converts everyday business outgoings into loyalty points redeemable with partners such as Qantas, Virgin Airlines, Hilton and Marriott. Since facilitating its first payment in 2019, the company has processed more than $10 billion in business expenses and recorded revenue growth strong enough to be named Australia’s fastest-growing business in last year’s Smart50 Awards. The product differentiates itself by awarding points on transactions—like payroll and tax payments—that are normally excluded from conventional credit-card reward schemes. Management is now refining the core offering while expanding domestically across Australia’s 2.6 million businesses and accelerating a U.S. market entry through its partnership with American Express. Fresh capital will also support the build-out of additional strategic partnerships aimed at creating a broader business-loyalty ecosystem. The company is reportedly evaluating a future public listing as its valuation continues to climb.

Participated · Convertible Note · Aug 2023

Splitit offers a buy-now-pay-later solution that enables customers to pay in installments via their existing credit cards. The company plans to use a $50 million investment to accelerate growth and execute its strategic plan, including expanding its white-label product strategy and global distribution partnerships. Splitit has applied for voluntary delisting from the Australian Securities Exchange and intends to change its domicile from Israel to the Cayman Islands as part of a re-domiciliation to a privately held Cayman Islands company. Management expects the re-domiciliation to yield lower administrative costs, a more flexible operating environment, improved talent retention, and better prospects for accessing growth capital. CEO Nandan Sheth (named in 2022) and the board say the investment strengthens the balance sheet and supports product and technology development. The company also noted a prior BNPL strategic global partnership earlier this year and said it is on track to exceed its 2023 financial performance milestones tied to the financing. Splitit provides a white-label Instalments-as-a-Service platform designed to let merchants offer one-click installment checkout and reduce consumer friction compared with legacy BNPL options. The company launched this white-label platform in May to allow merchants to embed Splitit directly into their technology stacks. Management says the product aims to improve conversion and deliver a consistent, merchant-branded checkout experience. Splitit plans to scale the service into underserved verticals including education, business services and digital-native retailers. The company is listed as ASX:SPT and OTCQX:SPTTY and said the new funding will accelerate its product roadmap. Splitit is headquartered in Atlanta with an R&D center in Israel and additional offices in London and Australia. PayItSimple is a NYC-based provider of a patented, PCI-compliant payment solution that enables merchants to offer customers interest-free installment payments. The technology integrates with VISA and MasterCard and allows merchants to receive the full purchase amount upfront while consumers pay over time. The company is led by CEO Alon Feit. PayItSimple secured $10M in funding from Simpel Management, LLC. The company intends to use the funds to grow operations. The product emphasizes PCI compliance and payment security for merchants and consumers.

Participated · Equity · Jun 2022

Willed is a Melbourne-based will and estate-planning SaaS co-founded in 2019 and launched in 2020. The platform enables users to create legally valid wills in less than 20 minutes and handle related estate-planning tasks such as appointing an executor, funeral wishes, and probate issues. The company positions itself as Australia’s leading “death tech” brand and one of the country’s most intuitive will-writing platforms. Willed raised $6.0M in June 2022 and will use the funding to expand its team and product range. It is expanding its services to cover emerging issues such as cryptocurrency and other estate complexities. The company’s leadership includes founders Aaron Zelman, Dave Kaplan, and Tim Glasson.

Participated · Seed · Apr 2022

BabyQuip is a managed, national marketplace that delivers clean, insured baby gear to families in over 900 locations in the U.S., Canada and beyond. The platform is powered by a community of over 1,000 independent Quality Providers—mostly moms—who use their own inventory to rent and clean equipment through BabyQuip's proprietary platform and branding. The company plans to use new funding to accelerate international expansion into Mexico and the Caribbean, expand hospitality partnerships, grow its Quality Provider network, and launch a mobile app and new services. BabyQuip will also invest in product and technology innovation and improvements to its proprietary technology platform. Operational traction includes Q1 2022 bookings up 235% versus Q1 2021, a Net Promoter Score of 94, over 30,000 five-star reviews, and strategic partnerships with hospitality companies such as Destination by Hyatt and Vrbo. Founded in May 2016 and based in Santa Fe, N.M., the company has raised $8.5 million in total funding to date. Babierge operates an online marketplace that connects parents with local suppliers and trusted partners who rent baby gear such as cribs, car seats, strollers, high chairs, and toys. The company does not own inventory; it screens and trains partners, provides liability insurance, and takes a 20% cut of each rental while charging end customers a service fee. More than 8,000 traveling families across over 170 destinations in the U.S. and Canada use Babierge, and the platform hosts over 200 partners with plans to grow to 500 by year-end. Trusted partners pay $100 to join the platform and reportedly earn between $600 and $800 in extra monthly income. Hotels and apartment rental companies have begun to use Babierge—Airbnb and HomeAway have contacted the company—and it has partnerships with Destination Hotels and Kid & Coe. Founded in May 2016 and based in San Francisco, Babierge has seven employees and will use new funding to expand into additional markets and onboard more trusted partners.

Participated · Series A · Feb 2022

Buildxact offers cloud software that helps residential builders, remodelers, renovators, contractors and trades with estimating and project management. Its tools target custom home builders and small commercial projects, serving teams from one or two operators to much larger groups. The platform is used to estimate and project-manage hundreds of millions of dollars in profitable construction jobs. Buildxact operates across Australia, New Zealand, Canada and the United States and is preparing a UK launch this quarter. After the raise the company’s valuation topped more than $125 million.