Acorn Capital

Acorn Capital Limited is a privately owned investment manager based in Melbourne, Australia, founded in 1998. The firm primarily serves high net worth individuals and institutional investors, managing mutual funds that focus on public and private equity markets. Acorn Capital specializes in microcap investments, engaging in primary and secondary equity placements across various stages of development. The firm combines quantitative, qualitative, and fundamental analysis, conducting in-house research to inform its investment decisions. Its investment strategies have consistently outperformed benchmarks, reflecting its expertise in identifying promising venture opportunities within the Australian market.

Robert Bruce

Investor

Ben Dalling

Analyst

James Douglas

Investor

Paul Palumbo

Investor

Robert Routley

Investor

Matthew Sheehan

Investor

Rick Squire

Investor

Xing Zhang

Investor

12 past transactions

mx51

Series B in 2022
mx51 Pty Ltd is a bank-focused payment technology provider based in Sydney, Australia, established in 2020. The company specializes in a Payment-as-a-Service cloud platform that enables banks to connect with merchants and their customers. It offers various solutions, including in-store payment terminals that integrate with point-of-sale systems, kiosk solutions for mobile terminals on tablets or smartphones, and a merchant dashboard for real-time payment tracking and refunds. Additionally, mx51 provides online payment solutions that allow businesses to manage their transactions and monitor performance across multiple locations. With expertise in merchant acquiring and scalable payment technology, mx51 aims to support banks in navigating the evolving financial landscape.

Elenium

Venture Round in 2021
Elenium Automation Pty Ltd specializes in developing and supplying self-service and automation technologies tailored for the airline and airport sectors. The company offers a range of solutions, including portable kiosks, baggage tagging stations, retrofit bag drop systems utilizing camera technology, and self-boarding gates that employ facial or iris recognition for passenger validation. Additionally, Elenium provides portable devices for use in airport terminals and offsite locations such as hotels and train stations. Its self-service software stack enhances operational efficiency and passenger experience by reducing queues and expediting processes. Founded in 2009 and based in Tullamarine, Australia, with an office in Chennai, India, Elenium also delivers various technology services, including project management, 24/7 support, field services, and custom software development.

mx51

Series A in 2021
mx51 Pty Ltd is a bank-focused payment technology provider based in Sydney, Australia, established in 2020. The company specializes in a Payment-as-a-Service cloud platform that enables banks to connect with merchants and their customers. It offers various solutions, including in-store payment terminals that integrate with point-of-sale systems, kiosk solutions for mobile terminals on tablets or smartphones, and a merchant dashboard for real-time payment tracking and refunds. Additionally, mx51 provides online payment solutions that allow businesses to manage their transactions and monitor performance across multiple locations. With expertise in merchant acquiring and scalable payment technology, mx51 aims to support banks in navigating the evolving financial landscape.

Marketplacer

Venture Round in 2020
Marketplacer Pty Ltd, founded in 2012 and headquartered in South Melbourne, Australia, specializes in developing online marketplace software that facilitates the creation of marketplaces for various products, services, events, and bookings. The platform offers comprehensive features such as seller management, order management, advertising management, returns handling, categorization, and logistics support. It is designed to integrate front and back-end systems, enabling businesses to expand their product ranges quickly and gain valuable insights to enhance customer experiences. Marketplacer is recognized as a leading technology and business platform, supporting numerous successful marketplaces across the United States, Europe, and Australasia. The company's scalable solution allows users to efficiently manage operations, focus on market growth, and foster community engagement.

Flare

Series C in 2020
Flare HR Pty. Ltd., founded in 2015 and based in Millers Point, Australia, specializes in human resource application software aimed at enhancing employee engagement. The company provides a comprehensive human resource management and benefits platform that serves various industries, including retail, hospitality, health and aged care, commercial cleaning, and transport and logistics. Flare's technology is utilized by over 2,500 companies, benefiting approximately 650,000 workers. The platform streamlines onboarding, employee benefits, and engagement processes, leading to improved employee retention and organizational culture. Additionally, Flare offers financial services through its Slate brand, which assists Australians in managing their finances, planning, saving, and investing. This integration of HR and financial solutions allows employees to access essential resources through leading HR and payroll platforms, creating a more efficient and supportive workplace environment.

Splend

Convertible Note in 2020
Splend Pty Ltd is a car rental company based in Sydney, Australia, founded in 2015. It specializes in renting vehicles to drivers for on-demand rideshare and delivery services, such as Uber and UberEATS. Recognizing the challenges many potential drivers face in accessing suitable vehicles, Splend aims to empower individuals from diverse backgrounds to become their own bosses. The company provides not only rental and rent-to-own options but also extensive support, training, and resources to enhance drivers' skills and profitability. Additionally, Splend offers data and analytics to help drivers improve their performance and safety on the road. By fostering a community among its members, Splend has successfully enabled students, retirees, former refugees, and single parents to find flexible employment opportunities that align with their lifestyles. Through its comprehensive services, Splend strives to facilitate access to vehicle ownership and create a sustainable income-generating pathway for its members.

Moula

Series D in 2019
Moula Money Pty Limited provides working capital loans to small and medium businesses in Australia. Its platform engages in analyzing business data, as well as provides funding that helps businesses grow. The company was incorporated in 2013 and is based in Sydney, Australia.

Marketplacer

Venture Round in 2019
Marketplacer Pty Ltd, founded in 2012 and headquartered in South Melbourne, Australia, specializes in developing online marketplace software that facilitates the creation of marketplaces for various products, services, events, and bookings. The platform offers comprehensive features such as seller management, order management, advertising management, returns handling, categorization, and logistics support. It is designed to integrate front and back-end systems, enabling businesses to expand their product ranges quickly and gain valuable insights to enhance customer experiences. Marketplacer is recognized as a leading technology and business platform, supporting numerous successful marketplaces across the United States, Europe, and Australasia. The company's scalable solution allows users to efficiently manage operations, focus on market growth, and foster community engagement.

Investible

Series A in 2019
Investible matches the world's brightest founders with the smartest capital, using our unique investor and business-development IP to identify, cultivate, invest and support startups. We invest early and support actively, with a framework that enables high-potential founders to realise their vision.

Elenium

Series A in 2019
Elenium Automation Pty Ltd specializes in developing and supplying self-service and automation technologies tailored for the airline and airport sectors. The company offers a range of solutions, including portable kiosks, baggage tagging stations, retrofit bag drop systems utilizing camera technology, and self-boarding gates that employ facial or iris recognition for passenger validation. Additionally, Elenium provides portable devices for use in airport terminals and offsite locations such as hotels and train stations. Its self-service software stack enhances operational efficiency and passenger experience by reducing queues and expediting processes. Founded in 2009 and based in Tullamarine, Australia, with an office in Chennai, India, Elenium also delivers various technology services, including project management, 24/7 support, field services, and custom software development.

Flare

Series B in 2018
Flare HR Pty. Ltd., founded in 2015 and based in Millers Point, Australia, specializes in human resource application software aimed at enhancing employee engagement. The company provides a comprehensive human resource management and benefits platform that serves various industries, including retail, hospitality, health and aged care, commercial cleaning, and transport and logistics. Flare's technology is utilized by over 2,500 companies, benefiting approximately 650,000 workers. The platform streamlines onboarding, employee benefits, and engagement processes, leading to improved employee retention and organizational culture. Additionally, Flare offers financial services through its Slate brand, which assists Australians in managing their finances, planning, saving, and investing. This integration of HR and financial solutions allows employees to access essential resources through leading HR and payroll platforms, creating a more efficient and supportive workplace environment.

Redbubble

Venture Round in 2015
Redbubble is an online art community and marketplace that features stationery, apparel, wall art, cases and skins, housewares, and bags made by artists worldwide. It also operates a blog with creative production tips tutorials, interviews, and more. Redbubble was launched by Martin Hosking, Peter Styles, and Paul Vanzella in 2006 and its operations are based in Melbourne, Australia.