Starfish Ventures invests in Australian technology and life science companies that address a global high growth market opportunity and leverage novel technologies to create a new market or supply new products or services to an existing market.
We invest in all stages of business development, from startup companies to those with turnover greater than $50M. Our typical investment is $1M - $5M in the first round with a goal of participating in all future funding rounds. Starfish also makes smaller seed investments where we see opportunities in the Australian entrepreneurial ecosystem.
Starfish Ventures is interested in learning about your company vision and encourage you to contact us.
We often ask for written submissions prior to scheduling meetings. These can be two page executive summaries or 15-20 slide presentations. Above all, we value clear and concise submissions.
The following tips will help you convey your business opportunity to us:
Company Purpose, Problem Solution: define the business clearly in one or two sentences; tell us who your customers are and describe the pain of the customer; demonstrate your company's value proposition to make the customer's life better.
Market Size: identify the customer you cater to and estimate the market size and how rapidly it is growing.
Competition: list your competitors and your competitive advantages.
Product: describe your current product, along with your intellectual property. Outline the product roadmap.
Business Model: include revenue models, pricing, average customer size, and sales pipeline and/or targeted customer list.
Team: provide a brief biography of each member of the Executive Team and Board of Directors/Advisors. A demonstrated high level of commitment to the venture is very important to us.
Financials: provide overview P&L statements, balance sheets, cash flow, capitalisation table and amount of financing you are seeking.
We look forward to learning more about your business, and thank you for considering Starfish Ventures.