Follow[the]Seed

Follow[the]Seed is a venture capital firm based in Sydney, Australia, with additional offices in Israel, China, and the United States. The firm specializes in post-seed and startup investments, focusing on online applications, consumer technology, and enterprise solutions. Follow[the]Seed employs a unique predictive analytical model called Raving Fans™ to identify high-potential ventures. The firm typically invests between AUD500 thousand and AUD2 million, prioritizing investments globally with a particular emphasis on markets in Israel, China, the United States, and Australia. With a team boasting over three decades of experience in building startups and two decades in investing in more than 90 companies, Follow[the]Seed is dedicated to supporting entrepreneurs and fostering innovation.

Curt Shi

Partner

29 past transactions

Hybrid

Seed Round in 2025
Hybrid is a fintech company that offers a decentralized central AI tool with Web3's ecosystem of AI experts, agents, and data.

Liquorice

Pre Seed Round in 2024
Liquorice is a technology company specialising in decentralised finance (DeFi). It develops a protocol that combines one-sided loan pools with a MEV-free trading engine, aiming to facilitate liquidity in intent-based trading systems. This enables clients to significantly reduce trading costs and provide centralised exchange (CEX) level liquidity on decentralised platforms.

Ajuna Network

Funding Round in 2022
Ajuna Network develops a game development engine focused on creating decentralized games. Its platform integrates blockchain-based assets, enabling developers to incorporate an incentive layer using tokenized virtual assets that are compatible with blockchain and non-fungible tokens.

HawkLabs

Initial Coin Offering in 2021
HawkLabs is an AI-powered data analytics & processing company focused on data services for Solana blockchain applications.

Astra Guild Ventures

Seed Round in 2021
Astra Guild Ventures is a prominent player in the emerging sector of play-to-earn gaming, functioning as a decentralized autonomous organization. The company focuses on investing in non-fungible tokens (NFTs), play-to-earn games, and various blockchain projects, aiming to connect players with investors to leverage the growth of non-traditional gaming. Astra Guild Ventures offers a comprehensive platform that integrates earnings and governance, allowing AGV holders to participate actively in the decision-making processes of the organization while also monitoring their investment status. This model facilitates a unique opportunity for both gamers and investors to engage in the evolving landscape of digital gaming and blockchain technology.

Xtingles

Pre Seed Round in 2021
Xtingles is a multi-chain launchpad dedicated to the development and promotion of ASMR (autonomous sensory meridian response) NFT collections. The company facilitates a marketplace for artists to create, share, and monetize their ASMR digital sound art through non-fungible tokens (NFTs). By offering Web3 utility extensions, Xtingles empowers its international community of artists and collectors to engage with ASMR in innovative ways, fostering ownership of unique NFTs that evoke pleasant sensory experiences. The company's ambition is to establish the largest ASMR Web3 network and integrate ASMR into the Metaverse, enhancing the interaction between creators and audiences in the digital realm.

Efficient Frontier

Seed Round in 2021
Founded on extensive high-frequency trading experience, Efficient Frontier is a leading algorithmic trading firm specializing in cryptocurrency markets. With over $1 billion traded weekly, they provide liquidity provision services to major exchanges and digital asset issuers. Their advanced trading infrastructure supports both spot and derivatives markets.

Whiterabbit.ai

Venture Round in 2020
Whiterabbit.ai develops software that uses artificial intelligence to detect cancer at the earliest stages. The company offers an AI-driven platform designed to redefine breast cancer screening and diagnosis, addressing the entire screening process from patient engagement to clinician decision support. The platform aims to improve patient compliance, enhance provider accuracy, and accelerate cancer detection in radiology by delivering targeted technology that supports medical professionals and elevates the overall quality of care.

Verbz.ai

Pre Seed Round in 2019
Verbz instantly tasks, emails, or messages teams using voice. Verbz makes it easy to be more productive while working from your mobile. Verbz is developing a voice-based communication and collaboration application for executives, business professionals and salespeople. It combines voice, text and AI to deliver instantaneously communication across multiple systems. Its vision is to make remote work as quick and easy as talking.

Cylus

Series B in 2019
Cylus is a cybersecurity company focused on protecting mainline and urban railway systems from cyber threats. Founded by experts from the elite technological unit of the Israel Defense Forces’ Intelligence Corps and seasoned executives from the railway industry, Cylus offers tailored solutions that address the unique challenges of railway signaling and control networks. The company's technology is designed to detect and manage cybersecurity events promptly, preventing potential harm and ensuring operational continuity. By securing both trackside and onboard systems, Cylus helps railway companies maintain safety and avoid service disruptions caused by cyber-attacks, thereby enhancing overall passenger comfort and operational integrity.

Upwise

Seed Round in 2019
Upwise is a pioneering technology platform designed to enhance company innovation in large enterprises. It offers tailored solutions and critical insights, enabling businesses to remain competitive in a rapidly evolving landscape. The platform facilitates interaction between solution providers, promoting a culture of collaboration to drive faster and more effective innovation. Utilizing advanced artificial intelligence and process automation, Upwise transforms the execution of innovation within corporate environments by providing data analysis and expertise essential for informed decision-making.

Lumi Finance

Series A in 2018
Lumi Finance Pty Limited is a fintech company based in Bondi Junction, Australia, that specializes in providing small business funding through its online platform. Established in 2018, Lumi Finance offers unsecured business loans with a quick application outcome, typically within 24 hours, ensuring transparency with no hidden charges or repayment fees. The platform incorporates traditional credit data and advanced technology to deliver accessible and transparent funding solutions for small enterprises. Additionally, Lumi Finance features an online loan repayment calculator to assist businesses in managing their financial obligations effectively.

Workspot

Series C in 2018
Workspot, Inc. specializes in mobile Workspace-as-a-Service solutions, offering a platform that enables IT departments to provide access to applications and documents on personal mobile devices. Its core products include a cloud-native architectural foundation called Cloud Desktop Fabric, which allows organizations to deliver virtual desktops using multi-region public cloud infrastructure, and Workspot Control, a service that facilitates the delivery of essential business applications onto mobile devices. The company's turnkey, enterprise-ready SaaS platform places Windows 10 desktops and workstations near users in the cloud, ensuring optimal performance and quick deployment. Workspot serves a diverse range of industries, including insurance, government, healthcare, banking, technology, and real estate. Established in 2012 and based in Campbell, California, Workspot aims to enhance business agility and security, enabling clients to adapt rapidly to changing market conditions while supporting remote work initiatives.

DataWit

Seed Round in 2018
DataWit Inc. is a software development company based in Tel Aviv-Yafo, Israel, specializing in marketing automation solutions tailored for eCommerce and travel sectors. Founded in 2016, DataWit leverages AI-driven technology, big data, and machine learning to optimize marketing efforts. The company's software includes features such as revenue recovery, user identity management, and personalized discounts, enabling clients to engage effectively with web shoppers and enhance online conversion rates. With both self-managed and full-service options available, DataWit aims to transform traditional marketing workflows by automating the execution of marketing actions based on sophisticated business rules and data analysis.

Birdi

Seed Round in 2018
Birdi provides a cloud-based aerial intelligence platform that captures, visualizes, and analyzes aerial data from drones and other devices, enabling organizations to gain geospatial insights to inform decisions on safety on-site, asset maintenance, and tracking the progress of construction sites.

Cozitrip

Seed Round in 2017
Cozitrip is an Australian company based in Sydney, with additional offices in Shanghai and Beijing, dedicated to facilitating hotel bookings for Chinese travel agents seeking accommodations in Australia and New Zealand. The company's specialized booking platform serves as a vital link between Australian and New Zealand hotels and Chinese travel agents, providing hotels with access to a significant distribution channel within the Chinese tourism market. By streamlining the booking process, Cozitrip enables travel agents to efficiently secure affordable hotel rooms for their clients, enhancing their ability to cater to the needs of travelers heading to this region.

Jayride Group

Venture Round in 2017
Jayride Group Limited is an airport transfers marketplace founded in 2012 and headquartered in Sydney, Australia. It operates Jayride.com, a platform that allows travelers to compare and book rides from approximately 3,700 transfer companies at over 1,600 airports worldwide. The service connects users to various transportation options, including private transfers and shared shuttles, for travel to airports, hotels, residential addresses, tourist attractions, and cruise ship terminals. Jayride.com aims to simplify the booking process by providing direct access to a comprehensive range of transfer services, eliminating the need for middlemen. The company has established itself as a significant player in the travel industry by continuously expanding its network and enhancing its data integration capabilities, ultimately aspiring to create a seamless travel experience for both travelers and travel agents.

Abyss Solutions

Seed Round in 2017
Abyss Solutions develops and deploys robotics, machine learning, and computer vision systems to inspect and maintain critical infrastructure and assets around the world. Its technology enables autonomous inspection and data capture for diverse assets, including offshore platforms, dams, water networks, and underwater infrastructure, providing asset owners with actionable information to ensure ongoing operation and safety. The company combines field robotics with proprietary software to perform surface corrosion inspections, subsea condition monitoring, and related remediation planning, supported by automated data processing and analytics. By applying these capabilities across energy, water, transport, and defense sectors, Abyss Solutions helps customers reduce risk, improve maintenance efficiency, and extend asset life.

Bangtuike

Seed Round in 2017
Bangtuike leverages the reach of social media and the trust people place in peer recommendations to connect brands with influencers. The company maintains a large database of influencers who are motivated to be early adopters of consumer products and business news. Influencers choose sponsored stories from Bangtuike’s clients and share them on their personal WeChat accounts, adding a personal note. This approach enables brands to reach audiences through authentic, peer‑to‑peer communication rather than traditional advertising.

Haystack

Seed Round in 2017
Haystack Australia Pty Ltd. is a company based in Kelvin Grove, Australia, that specializes in developing a mobile application for creating, sharing, and scanning visiting cards. Founded in 2014, Haystack operates as a B2B SaaS platform aimed at helping large businesses enhance their initial interactions with clients. The application enables users to automate manual data entry and measure sales effectiveness, which in turn lowers operational costs and minimizes environmental impact. By streamlining the process of exchanging contact information, Haystack provides a valuable solution for businesses looking to improve efficiency and sustainability.

Jayride Group

Venture Round in 2017
Jayride Group Limited is an airport transfers marketplace founded in 2012 and headquartered in Sydney, Australia. It operates Jayride.com, a platform that allows travelers to compare and book rides from approximately 3,700 transfer companies at over 1,600 airports worldwide. The service connects users to various transportation options, including private transfers and shared shuttles, for travel to airports, hotels, residential addresses, tourist attractions, and cruise ship terminals. Jayride.com aims to simplify the booking process by providing direct access to a comprehensive range of transfer services, eliminating the need for middlemen. The company has established itself as a significant player in the travel industry by continuously expanding its network and enhancing its data integration capabilities, ultimately aspiring to create a seamless travel experience for both travelers and travel agents.

RiskWise

Seed Round in 2017
RiskWise is a property risk assessment company that provides risk analysis information to private investors, home buyers, institutional clients, lenders and mortgage insurers. It employs a financial risk algorithm to analyze multiple risk factors and generates risk rating reports. Its offerings include individual property risk reports, custom risk reports, developers buy-build-flip reports, and off-the-plan reports. The platform combines property investment variables, data points, and information sources to project future investment outcomes and illuminate risk insights, helping clients make informed property decisions. Founded in 2016 and based in Sydney, Australia.

Workspot

Series B in 2016
Workspot, Inc. specializes in mobile Workspace-as-a-Service solutions, offering a platform that enables IT departments to provide access to applications and documents on personal mobile devices. Its core products include a cloud-native architectural foundation called Cloud Desktop Fabric, which allows organizations to deliver virtual desktops using multi-region public cloud infrastructure, and Workspot Control, a service that facilitates the delivery of essential business applications onto mobile devices. The company's turnkey, enterprise-ready SaaS platform places Windows 10 desktops and workstations near users in the cloud, ensuring optimal performance and quick deployment. Workspot serves a diverse range of industries, including insurance, government, healthcare, banking, technology, and real estate. Established in 2012 and based in Campbell, California, Workspot aims to enhance business agility and security, enabling clients to adapt rapidly to changing market conditions while supporting remote work initiatives.

Farmbot

Venture Round in 2016
FarmBot, established in 2014 and headquartered in Sydney, Australia, is a prominent Agtech company specializing in the Internet of Things (IoT) for agriculture. The company offers innovative remote monitoring solutions for farm water ecosystems, providing farmers with real-time insights into water levels, consumption trends, and alerts through mobile devices and computers. FarmBot's technology reduces the need for manual inspections of tanks and reservoirs, addresses potential system issues, and supports better resource management and planning. Its extensive range of monitoring devices includes tools for checking water, diesel, trough levels, rainfall, and staff movements, as well as monitoring flow and pressure rates. These capabilities enable farmers to make informed decisions and improve the sustainability and efficiency of their agricultural practices, addressing the challenges of feeding a growing population with limited resources.

Class Cover

Venture Round in 2016
Class Cover streamlines teacher booking and recruitment for schools via an automated platform. It connects schools directly with preferred available relief teachers, allowing swift replacements and potential transitions to full-time roles.

Salt Security

Seed Round in 2016
Salt Security offers an API security platform that protects the core APIs of modern applications. The platform uses machine learning and AI to automatically and continuously identify and block API attackers, learning the granular behavior of an organization's APIs and requiring no configuration or customization to operate. It detects abnormal API activity, prevents zero-day API breaches, and provides real-time attacker profiles and timelines to support threat analysis and incident response.

Cymmetria

Seed Round in 2015
Cymmetria Inc. is a cybersecurity company based in Tel Aviv, Israel, that specializes in deception technology to enhance organizational security. Founded in 2014 by security expert Gadi Evron, the company offers a suite of products including MazeRunner, a comprehensive cyber deception solution that diverts attackers and provides forensic data, and ActiveSOC, which automates the validation and triage of alerts while generating intelligence from low-scoring events. Additionally, Cymmetria provides deception services that analyze environments and create tailored deception strategies aimed at maximizing effectiveness. By shifting the balance in cybersecurity, Cymmetria empowers organizations to detect lateral movements, automate incident responses, and mitigate attacks, ultimately enhancing visibility and security within their networks.

Tapp

Seed Round in 2015
Tapp is a payments and financial inclusion company that operates a scalable, secure payment processing platform and a mobile commerce solution designed to reach unbanked populations. It runs a cash-based, peer-to-peer commerce network that enables people without bank accounts or credit cards to pay for goods and services using cash, bypassing traditional banking ecosystems. Through a mobile e-commerce application and a network of mobile point-of-sale agents in emerging markets, Tapp enables customers to purchase items online, pay bills, and access financial services within their neighborhoods and through trusted local shopkeepers. The company positions itself as a commerce exchange network focused on cash logistics and the digitisation of value, with the aim of democratising commerce and expanding economic participation for underserved communities.
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