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The Venture Codex

x15ventures

1 Locomotive Street, South Eveleigh, NSW, 2015, Australia

Overview

x15ventures is a dynamic venture-building outfit, designed to bring to life the next generation of digital endeavors.

Total investments
6
Lead investments
4
Investments · 12mo
0
Active investors
3

Sector focus

  • Venture Capital
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Investment portfolio

  • Gable

    Participated · Series A · Mar 2025

    Gable provides a shift-left data management platform built around API-based "data contracts" that define, enforce, and automatically surface context and constraints across structured, semi-structured, and unstructured data. The platform connects software developers who own upstream data with downstream data developers and analysts to reduce broken pipelines, missing data, and contextual gaps. Early adopters report up to 70% faster incident resolution and nearly 50% faster development cycles for data-dependent features. Customers mentioned in the articles include Glassdoor, Grab, and x15ventures. The company will use the new capital to accelerate product development and expand teams, including hiring across engineering, product, and customer success. Gable was founded in 2023, is based in Seattle, and serves a community of over 15,000 engaged data practitioners; it is backed by $27 million in aggregate funding. Gable.ai is developing a data collaboration platform that enables software and data developers to iteratively build and manage high-quality data assets. The system uses "data contracts," API-based agreements between upstream software owners and downstream data developers and analysts, which are defined, enforced, and discovered through the platform. Key features include data asset recognition by connecting a data source, data contract creation to set constraints and owners, and contract enforcement via CI/CD checks within GitHub. The company is currently in product development and has raised $7M in Seed funding. Leadership includes CEO and co-founder Chad Sanderson and co-founders Adrian Kreuziger and Daniel Dicker. Sanderson is a data industry thought leader who runs Data Quality Camp (8,000+ practitioners) and writes the Data Products newsletter (11,000+ subscribers).

  • Payble

    Led · Equity · Mar 2023

    Payble offers payments workflow and customer engagement software designed to help local governments increase on-time payments, reduce administrative burden, and improve community satisfaction. Its citizen-centric solution allows ratepayers to shift from large annual or quarterly bills to flexible weekly or fortnightly payments at no extra cost, and to extend or skip payments without paperwork. The product aims to improve council cashflow and save staff time by reducing billing-related work. Payble is focused on its beachhead segment of local government payments while exploring opportunities for global expansion. The company closed a $3.5 million funding round to capitalise on strong demand and support growth. Payble is an Open Banking platform that identifies consumers who would benefit from flexible payment options and engages them with solutions such as instalment plans, payment extensions, or Covid relief. The company initially targeted the energy sector, completed a commercial trial with an energy retailer and signed that retailer as its first customer. Payble says its proactive approach improves customer satisfaction for billers and significantly reduces the admin and operational cost of collections. It expects to launch its platform in the coming months and is pursuing CDR accreditation with the ACCC, having participated with founding shareholder Identitii in the ACCC’s 2019 testing program. The team reports early commercial traction and is rapidly accelerating its commercialisation and go-to-market strategy. Financially, CBA’s x15ventures has been a lead backer, with x15’s total commitment at $1.85 million following a further $700,000 investment. Payble is a fintech built on open banking that verifies appropriate funds are in consumers' accounts before bills are due to reduce late or failed payments. The company is described as a subsidiary of regulatory compliance fintech Identitii and will build on Identitii’s participation in the consumer data right trial. Payble's platform aims to help consumers stay on top of incoming bills and payments and to cut the costs billers face from failed or late payments. CBA’s X15 Ventures has made a $1 million minority share investment to fast‑track Payble’s growth; X15 will hold a 26.7% stake. X15 previously invested $150,000 under a memorandum of understanding signed in December to fund a commercial trial with an in‑market merchant. Payble has appointed CBA general manager Chris Austin to its board alongside founding directors John Rayment and Elliott Donazzan; X15 will not directly use Payble’s technology but hopes to collaborate on market strategy and scaling within CBA.

  • Paytron

    Led · Safe · Sep 2022

    Paytron offers an all-in-one financial cloud solution that streamlines accounts payable, international transfers, payroll and expense management via workflows, automated invoice capture, batch payments and corporate cards. The platform is integrated with Xero and targets SMBs while filling the gap between smaller businesses and large organisations that have access to top-end financial services. Co‑founders Jaco Veldsman and Francois Henrion, both former banking executives, launched the company last year into the SMB multi-currency payments market. Paytron reports short sales cycles with customers and aims to ramp growth through strategic partnerships and deeper integration with large financial players. The company has already attracted institutional seed backing and is pursuing access to corporate banking ecosystems to accelerate adoption. Its stated future plans include exploring a pathway to partnership with the Commonwealth Bank through participation in CBA’s x15ventures program. Paytron offers an all-in-one financial cloud solution integrated with Xero that allows small businesses and bookkeepers to approve, manage and pay bills in AUD and 30 other currencies. The platform captures and digitises invoices from PDF, schedules payments, sends reminders and provides automated fraud protection by detecting suspicious invoice-payment changes. Paytron replaces up to three systems and targets the gap between smaller businesses and large organisations that have access to top-end financial services. Co-founders Jaco Veldsman and Francois Henrion, both former banking executives, launched Paytron 12 months ago after months of product development. The company says it has already experienced strong demand and plans to build out additional services following the official launch. Paytron offers a basic free account, a premium service from $19.95/month, and a promotional first-year free offer for signups before the end of the financial year.

  • OwnHome

    Participated · Series A · Feb 2022

    OwnHome provides an alternative path to homeownership for first-home buyers by letting approved renters move into a home without a deposit, pay an upfront fee, and make monthly payments that accrue as a deposit. After a 3–7 year period customers have the option to buy the home at a pre-agreed price using the accrued deposit. The startup targets first-home buyers who can afford regular monthly payments but struggle to save a traditional deposit, and its model is estimated to suit up to 10% of first-home buyers (around 14,000 customers annually). OwnHome says it has cut the typical nine-month homebuying search process by 85% and currently has a waitlist above 3,500 applications. Over the past 12 months it launched in two states, expanded into Queensland, developed a network of capital partners, and grew its team and customer base. The new funding will be used to build the customer platform and expand OwnHome’s property portfolio. OwnHome is an Australian proptech offering a rent-to-own scheme in which OwnHome buys a property on behalf of a customer who moves in immediately. Customers, typically high-credit individuals without a deposit, make monthly payments equivalent to traditional rent while building purchase credits and benefiting from capital gains. The model allows customers to buy the property from OwnHome at a pre-agreed price within three to seven years. OwnHome says demand has been strong and that a growing number of aspiring homeowners are already on its waitlist. The company was co-founded by Tim Harley and James Bowe; Harley led Wise's expansion into the Middle East and the founders designed the model to address soaring property prices for their generation. OwnHome is available in Sydney and plans to expand services to other Australian capital cities.

  • :Different

    Led · Series B · Sep 2021

    :Different is an Australian property management company founded in 2017 by Mina Radhakrishnan and Ruwin Perera that combines people and technology to reimagine the property management experience. Its core product is a property-management platform supported by teams of property managers that services homes, owners, and tenants across Australia’s eastern seaboard. The company reports thousands of owners, tenants and properties under management and has doubled its team in the last year. The new capital will be used to expand nationally, build its team of property managers, and continue developing its technology platform. :Different has formed a strategic partnership with Commonwealth Bank and will be accessible across CBA channels, including the CommBank app, to reach CBA’s 15 million customers. The company raised $25 million in a Series B to support these plans and further position itself as a home-focused platform. :Different operates a full-service property management platform that combines expert property managers with technology. The company manages more than $1 billion worth of properties and has a team of 50. It is currently present in Sydney, Melbourne, Brisbane and the Gold Coast. Co-founded by Ruwin Perera and Mina Radhakrishnan, :Different is headquartered in Sydney, Australia. In May 2020 the company closed a $7.1m Series A round led by PieLAB with participation from AirTree, Spring Capital and Warburton Group. The company intends to use the funds to invest in its technology, grow its team and expand into new cities including Perth and Canberra. :Different is a property management platform designed to facilitate and automate rent payments, maintenance requests and house inspections for landlords who privately rent investment properties. The company was founded in Sydney in 2017 by Mina Radhakrishnan and Ruwin Perera. It raised a $1.3 million seed round in November 2017. The startup has secured $3.5 million in new funding as it expands into Queensland. The latest capital comes from existing investor AirTree and new backer PieLAB, a Queensland-based VC. Founder Mina Radhakrishnan emphasized that mentorship and people, not just the dollars, will be key to scaling the business; the article does not disclose operating metrics or valuation.

Team

  • Toby Norton-Smith

    Founder & Managing Director

    LinkedIn
  • Jason Rohloff

    Head of Risk - New Venture

    LinkedIn
  • Jane Martino

    Portfolio Advisor

    LinkedIn