Startmate
Venture Capital Accelerator Seed Fund Est. 2011
AUD 30M
Estimated FUM
- Type
- Venture Capital
- HQ
- Cremorne, VIC, Australia
- Founded
- 2011
- Focus
- Generalist Tech
About
The Startmate Accelerator is a 12-week program for startups who are changing the way we work, live and play, and we're powered by the most successful entrepreneurs and venture capitalists in Australia.
Startmate invests in great Australian founders who are on a mission to be the best in the world. Startmate is powered by its mentors - successful startup founders who invest their own time and money in each batch. The mentors have extensive experience growing successful tech businesses such as Atlassian co-founders, Mike Cannon-Brookes and Scott Farquhar.
Over 200 startups from across the country apply to be a part of each batch and 25 of these are shortlisted for interviews. Of these, we select the best eight. Startmate offers $75,000 cash for 7.5% equity. For startups that have raised more than $250,000, we will match the terms of the last round of funding.
Strategies
Venture Capital
Breadth not publicly established
Investment Focus
Investment size
AUD 25K - AUD 500K
Reported investment size. Actual commitments may vary by stage, ownership and follow-on participation.
Focus Areas
Stages
Seed
Focus
Generalist Tech
Investment Geographies
Primary Markets
Australia New Zealand
Coverage
Country-focused Regions
Oceania
Coverage is a guide only.
Location
Headquarters
Cremorne, VIC, Australia
Office Presence
2 countries
Australia New Zealand
3 known offices
Cremorne, VIC, Australia (HQ)
Sydney, New South Wales, Australia
Auckland, New Zealand
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