Alium Capital Management

Alium Capital Management Pty Ltd is a private equity firm based in Sydney, Australia, established in 2016. The firm specializes in mid-market investments in the technology sector, focusing on early-stage businesses as well as publicly listed assets. Alium Capital aims to provide sophisticated investors with family office-style flexibility and opportunities for co-investment in select deals. The team, which boasts a combined 55 years of industry experience, leverages its extensive network and expertise in research, stock selection, and portfolio management to identify promising investment opportunities often overlooked by larger funds. With a strong emphasis on managing risk and protecting capital during periods of market volatility, Alium Capital's portfolio includes a diverse range of technology companies.

Jason Rich

Partner

37 past transactions

Spriggy

Series B in 2021
Spriggy is a platform designed to assist parents in teaching their children healthy money habits in the digital age. It offers a mobile app and a prepaid debit card, allowing families to manage finances together. The platform enables parents to allocate funds to their child's card, set savings goals, and monitor spending, promoting financial independence while ensuring safety. By focusing on collaborative money management, Spriggy empowers children to develop responsible financial behaviors.

DesignCrowd

Venture Round in 2021
DesignCrowd is an online marketplace for logo, website, print, and graphic design services providing access to freelance graphic designers and design studios around the world. Through crowdsourcing 2.0, DesignCrowd provides its users with access to a virtual team of over 430,896 designers from around the world allowing its users to tap into international design talents. It allows its users to post projects and receive more than 50 designs through the platform. DesignCrowd was launched in January 2008 and is based in Sydney, Australia.

Beforepay

Series A in 2021
Beforepay is a financial technology company that provides a personal financial management application designed to help users access their earned wages on demand. Founded in 2019 and based in Sydney, Australia, the app utilizes machine learning and artificial intelligence to connect with users' bank accounts, enabling it to detect salary payments and predict upcoming bills. By offering real-time insights into spending limits and automatically generating budgets, Beforepay aims to alleviate the challenges associated with traditional payday cycles. This approach empowers users to manage their finances more effectively, allowing them to save money with minimal effort while enhancing their overall financial well-being.

Alex Bank

Series A in 2020
We’re Australia’s newest bank, here to get you a better banking experience. Alex is 100% digital, built from the ground up by an energetic team of bankers, focused on your needs, not ours.

Hart Dairy

Seed Round in 2019
Producer of free-range grass-fed dairy products intended to redefine the dairy standard. The company's cows are grass-fed in a non-GMO environment, enabling consumers to access healthy dairy products while contributing to animal welfare.

Cashrewards

Series A in 2019
Cashrewards Limited is an Australian cashback ecosystem founded in 2014 and based in Sydney. The company connects members with merchant partners, offering a platform for users to browse brands and cashback offers while shopping online or in-store. The Cashrewards app and website allow members to search for and access various merchant websites to make purchases and earn cashback. Additionally, Cashrewards provides a browser extension called Cashrewards Assistant, which notifies members of available offers. The platform also features debit and credit card-linked offers, enhancing the shopping experience. By bridging the interests of cost-conscious shoppers and revenue-seeking retailers, Cashrewards serves as an effective sales channel that promotes brand awareness and stimulates transaction conversions.

Enlitic

Series B in 2019
Enlitic, Inc. is a technology company based in San Francisco that specializes in developing software solutions to enhance healthcare diagnosis through artificial intelligence and machine learning. The company's primary focus is on improving early detection, treatment planning, and disease monitoring by leveraging vast amounts of medical data, including images and clinical notes. Enlitic's platform employs advanced algorithms to analyze diverse healthcare data sources, aiming to increase diagnostic accuracy and speed, ultimately leading to better patient outcomes. The company also creates clinical decision support tools that assist physicians with patient triage, screening, and real-time clinical support. Additionally, Enlitic offers natural language processing solutions to interpret and operationalize medical texts and images. Since its incorporation in 2014, Enlitic has established strategic partnerships and is recognized for its innovative contributions to the healthcare industry.

Academy Xi

Series B in 2018
Academy Xi Pty Ltd. is an Australian-based training company that specializes in providing short, practical, and skill-specific courses for individuals and organizations. Founded in 2015 and located in Surry Hills, the company focuses on emerging fields such as user experience design, service design, product management, and virtual reality design. Academy Xi offers a range of educational services, including workshops, classes, and team training programs, tailored to meet the unique needs of various organizations. By equipping individuals and teams with the necessary skills in design and technology, the company aims to enhance workforce capabilities and drive positive organizational performance. Academy Xi serves a diverse clientele across Australia, Africa, Vietnam, Myanmar, and Cambodia, contributing to its vision of transforming careers and fostering community through education.

Mighty Kingdom

Series A in 2018
Mighty Kingdom is an independent game development studio founded in 2011, specializing in mobile games for iOS and Android platforms. The company focuses on creating original intellectual properties that foster a strong connection between players and the brands they represent. With a team composed of experienced professionals from notable companies such as THQ and Midway Games, Mighty Kingdom has developed a diverse portfolio of games, including titles like Sugar Slam, Ava's Manor, and Shopkins. The studio collaborates with various global brands, leveraging cross-marketing opportunities to enhance its offerings. Mighty Kingdom’s games are accessible through major app stores, allowing a wide audience to engage with its innovative creations.

UneeQ

Series A in 2018
UneeQ is a company that specializes in creating engaging, AI-powered digital humans designed to enhance customer interactions. These digital humans serve as virtual brand ambassadors, enabling businesses to foster emotional connections with their customers through empathy and personalized engagement. By utilizing advanced technologies such as Automatic Speech Recognition and Text to Speech, UneeQ’s platform allows organizations to craft unique, real-time interactions that transcend traditional chatbots and websites. The platform's capabilities span various sectors, including banking, telecommunications, healthcare, and retail, providing services such as customer advisory, employee assistance, and tailored content delivery. Headquartered in Auckland, New Zealand, UneeQ also has offices in San Francisco and Melbourne, serving a diverse global clientele across Asia-Pacific, Europe, and North America.

Open

Series A in 2018
We work with insurers, regulators and payment networks so the brokers and brands selling Open insurance policies don’t have to. Open’s technology has reinvented general insurance; powering instant claims settlements for car, home and travel customers. It enables advanced risk selection and management for insurers, more power to brokers and brands, and delivers an award-winning multi-channel customer experience. Open also owns and operates Huddle a consumer-facing insurance brand in Australia huddle.com.au

Koala

Series A in 2018
Koala Mattress is a Retail company.

Respondent

Seed Round in 2018
Respondent is a marketplace that connects researchers with research participants for qualitative research studies.

EatClub

Series A in 2018
EatClub Pty Ltd operates a food application that allows restaurants to manage demand for their tables and enhance profit margins through dynamic pricing. Founded in 2016 and based in East Melbourne, Australia, EatClub was previously known as Dinnerdeal Pty Ltd before rebranding in September 2017. The platform enables restaurants to offer last-minute deals to diners, helping to fill tables during off-peak times. With a partner network of over 1,500 restaurants, including notable names like Sake and Rockpool Dining Group, EatClub serves both Sydney and Melbourne, with plans for further expansion across Australia. The application was designed by restaurateurs and is recognized as a pioneering customer engagement tool in the food service industry.

Zoox

Series B in 2018
Zoox Inc. is a California-based company focused on designing and developing self-driving vehicles. Founded in 2014 by Tim Kentley-Klay and Dr. Jesse Levinson, Zoox operates at the intersection of design, computer science, and electro-mechanical engineering. The company aims to create autonomous mobility solutions that address the future needs of urban transportation for both individuals and the environment. In addition to vehicle development, Zoox manages a fleet of cars and offers vehicle rental services. As of September 2020, Zoox operates as a subsidiary of Amazon, which has further propelled its mission to innovate in the field of autonomous driving.

Gamurs

Venture Round in 2018
Gamurs Pty Ltd. is an Australian company established in 2014, focused on creating a social network for gamers. It operates a comprehensive esports media network that informs, entertains, and educates the gaming community through various content and services. Gamurs offers a range of platforms and brands, including Dot Esports, CS:GO Squad, and Teamfind, among others. The company provides digital advertising, content creation, social media management, and consulting services, facilitating online tournaments and live coverage of events. Its aim is to enable gaming enthusiasts to connect, share their achievements, and stay updated on the latest gaming news and entertainment.

Damstra Technology

Series A in 2018
Damstra Technology is an Australian company specializing in workforce management, compliance, and safety solutions across various industries. The company offers a web-based Total Workforce Management System (TWMS) that enables clients to effectively manage, track, and protect their employees, contractors, and extended workforce. With over a decade of experience, Damstra Technology provides real-time, customizable software and hardware solutions designed to meet specific client needs. The company’s services help organizations navigate workplace safety requirements and regulatory changes, minimizing risks associated with workforce management. Damstra Technology generates revenue through contracts with customers, software services, hardware rentals, implementation, and support services, primarily focusing on the Australian market while also serving a global clientele.

Microba

Series A in 2018
Microba Life Sciences Limited is a microbiome analysis company based in Brisbane, Australia, that specializes in gut microbiome testing services. Founded in 2017, it has quickly become a leader in this field, leveraging advanced metagenomic sequencing technology to provide in-depth insights into individual gut microbiomes. The Microba Insight Sampling Kit allows consumers to analyze their gut microbiome at the species level, offering detailed reports on various microorganisms and personalized dietary recommendations to enhance gut health. Unlike conventional tests that focus on a limited portion of bacterial genes, Microba's approach captures a comprehensive genetic profile from all microorganisms present in a sample. The company also collaborates with health care practitioners and researchers to further advance the understanding of the gut microbiome's role in health and disease, while developing new pathology services, therapeutics, and diagnostics.

Daisee

Seed Round in 2018
Daisee specializes in developing AI software applications aimed at enhancing customer interactions and compliance through advanced analytics. Its flagship product, Lisa, converts voice to text and employs artificial intelligence and natural language processing to analyze and categorize customer contact data from calls, emails, and chat interactions. This proprietary semantic engine provides meaningful insights that facilitate search and discovery. Daisee's software offers a range of features, including automated call sampling, sentiment analysis, failed call analysis, and compliance monitoring, which help organizations identify risks and improve productivity and customer satisfaction. Operating on an Enterprise SaaS model, Daisee is focused on expanding its presence globally, with particular emphasis on the North American market.

HappyCo

Series A in 2018
HappyCo Inc. develops innovative mobile tools tailored for the real estate rental industry, enhancing operational efficiency by transitioning traditional paper-based processes into digital solutions. Founded in 2011 and based in San Francisco, California, the company offers a mobile application for property inspections, a web application for managing inspection data and staff remotely, and a business intelligence application for real-time performance analysis. Its platform supports a variety of sectors, including multifamily residential, hospitality, and commercial real estate, enabling users to conduct mobile inspections, manage work orders, and monitor operations effectively. HappyCo's technology provides real-time visibility and control, helping clients optimize their asset management and operational performance.

Happy Co.

Series A in 2018
Happy Co. builds mobile applications for enterprise workforce operations. The company offers a web application that aggregates inspection data and let users to manage inspections and staff remotely. It serves multifamily, property management, hospitality, and financial sectors. Happy Co. was founded in 2011 and is based in San Francisco, California.

Ultra Commerce

Series A in 2018
Developer of a comprehensive and scalable eCommerce platform designed to support enterprise growth. The company's platform offers advanced solutions for complex eCommerce challenges, enabling businesses to increase sales, enhance operational efficiencies, and achieve sustained growth.

Verrency

Series A in 2017
Verrency Group operates a financial technology platform designed to assist financial institutions in implementing a variety of payment solutions efficiently and securely. Founded in 2016 and headquartered in Melbourne, Australia, with additional offices in Sydney, London, Sunnyvale, and Singapore, Verrency offers a marketplace that connects banks to innovative payment services through a single integration. The platform enables consumers to manage their payment methods effectively, providing features such as card locking, location-based usage control, digital gift cards, on-demand virtual cards, and alerts for suspicious activity. By facilitating connections with third-party fintech solutions, Verrency enhances the security and flexibility of digital financial services, allowing customers to utilize different funding sources and manage their payment preferences more effectively.

Sustenir Agriculture

Venture Round in 2017
Sustenir Agriculture Singapore Pte Ltd. specializes in the cultivation, processing, packaging, and distribution of green vegetables, including leafy greens, strawberries, and basil leaves. Established in 2013 and headquartered in Singapore, the company employs advanced Controlled Environment Agriculture (CEA) techniques to grow its products sustainably. By focusing on local production of traditionally imported vegetables, Sustenir aims to disrupt the conventional food supply chain, reducing costs and the carbon footprint associated with food distribution. Its products are sold through various retail channels and online marketplaces, reflecting a commitment to social and environmental responsibility.

Kinela

Venture Round in 2017
Kinela, formerly known as Hit 100, is an Australian healthcare company that empowers people living with disability and elderly to take control of their health and wellbeing. It helps its customers to achieve their health goals by providing personalized health programs, home-delivered nutritious meals, and allied health services including dietetics, speech pathology, and occupational therapy.

Spriggy

Seed Round in 2017
Spriggy is a platform designed to assist parents in teaching their children healthy money habits in the digital age. It offers a mobile app and a prepaid debit card, allowing families to manage finances together. The platform enables parents to allocate funds to their child's card, set savings goals, and monitor spending, promoting financial independence while ensuring safety. By focusing on collaborative money management, Spriggy empowers children to develop responsible financial behaviors.

bitcoin.com.au

Series A in 2017
Bitcoin.com.au operates as a Bitcoin exchange platform designed to facilitate efficient global transactions. The company offers both online and physical Bitcoin exchange services in Australia and the UK, providing users with a convenient way to buy and sell Bitcoin. Subscribers can easily create orders by supplying an email, mobile number, and wallet address. Additionally, Bitcoin.com.au allows deposits through a network of 1,200 locations, enabling users to receive Bitcoins instantly. The platform emphasizes affordability and speed, making it a trusted option for individuals looking to engage in cryptocurrency transactions.

Powerwrap

Series B in 2017
Powerwrap Limited is a wealth management platform based in Melbourne, Australia, that provides financial advisers and brokers with tools to administer, manage, and report on their clients' investment portfolios. Founded in 2008, the company offers several account types, including the Powerwrap Investment Account, which consolidates access to various managed funds, ASX and international equities, and term deposits. Additionally, it provides specialized accounts for private wealth management, superannuation, and pension needs. Powerwrap also delivers a comprehensive suite of administration and reporting tools, along with back-office services, allowing advisers to focus on client relationships while efficiently managing trades and transactions. The company operates as a subsidiary of Praemium Limited.

Academy Xi

Series A in 2017
Academy Xi Pty Ltd. is an Australian-based training company that specializes in providing short, practical, and skill-specific courses for individuals and organizations. Founded in 2015 and located in Surry Hills, the company focuses on emerging fields such as user experience design, service design, product management, and virtual reality design. Academy Xi offers a range of educational services, including workshops, classes, and team training programs, tailored to meet the unique needs of various organizations. By equipping individuals and teams with the necessary skills in design and technology, the company aims to enhance workforce capabilities and drive positive organizational performance. Academy Xi serves a diverse clientele across Australia, Africa, Vietnam, Myanmar, and Cambodia, contributing to its vision of transforming careers and fostering community through education.

Unlockd

Series B in 2017
Unlockd Media Pty Ltd. operates Unlockd, a mobile platform that rewards users for engaging with targeted advertisements, content, and offers upon unlocking their smartphones. Established in 2014 and headquartered in Melbourne, Australia, Unlockd has developed a unique virtual currency system that allows users to earn points by viewing relevant ads and completing tasks such as surveys or app downloads. These points can be redeemed for mobile credit, entertainment content, or loyalty points. The platform benefits various partners, including telecommunications companies, streaming services, and loyalty programs, by enhancing customer retention and generating new revenue streams. Unlockd’s technology features three key product streams: Unlockd Connect for mobile operators, Unlockd Stream for ad-funded subscription content providers, and Unlockd Loyalty for enhancing member engagement in loyalty programs. The company has formed partnerships with major brands and advertising platforms, enabling them to reach consumers at peak engagement moments. With offices in New York, London, Singapore, and New Delhi, Unlockd continues to innovate in the mobile advertising space.

Stockspot

Series B in 2017
Stockspot Pty Ltd, founded in 2013 and headquartered in Sydney, Australia, is an online and automated investment adviser and fund manager. As Australia's first robo-advisor, Stockspot aims to make professional wealth management more accessible by eliminating high fees, confusing jargon, and excessive paperwork traditionally associated with the industry. The company specializes in investing in exchange-traded funds listed on the Australian Stock Exchange. By offering a straightforward and transparent online investment service, Stockspot helps Australians manage their money more effectively, providing financial advice, fintech solutions, investing options, market news, and research reports. The firm addresses the challenges faced by many Australians, including high minimum account requirements and the difficulties of self-directed investing, by facilitating access to diversified portfolios with lower costs.

HealthEngine

Series C in 2017
HealthEngine Pty Ltd is an Australian online healthcare platform established in 2006 and headquartered in Perth. It provides a comprehensive online booking system that allows patients to find, book, and manage their appointments with various healthcare providers, including general practitioners, dentists, physiotherapists, chiropractors, and psychologists. The platform also features an online health directory to help users navigate the healthcare landscape, as well as HealthEngine recalls, which centralizes and manages patient recalls. Accessible via both a website and a smartphone app, HealthEngine serves over a million Australians monthly, facilitating millions of appointments each year. By connecting patients with healthcare professionals, the platform enhances the patient experience and allows practitioners to manage their appointments effectively.

Nitro

Series C in 2017
Nitro Software Limited is a document productivity company that provides software and support services focused on enhancing workflows through the portable document format (PDF). Founded in 2005 and headquartered in San Francisco, Nitro offers a range of products including Nitro Pro, which enables users to create, edit, convert, merge, annotate, protect, and sign PDFs. Additionally, Nitro Cloud provides tools for electronic signatures and collaboration, while Nitro Analytics delivers insights into document workflows and productivity. Serving various sectors such as real estate, healthcare, manufacturing, energy, financial services, and education, Nitro aims to help organizations reduce paper use, streamline business processes, and facilitate digital transformation through its integrated and affordable solutions.

Takor Group

Seed Round in 2017
Provider of geospatial technology services intended to develop mobile geographic information system application that allows users to harness the power of offline data collection with one device. The company provides a range of remote sensing products and services, designed for industries including mining & mineral exploration, oil and gas, agriculture, environmental management and monitoring technologies that include mappt, koomba, kojai and remote sensing, enabling businesses and consumers to harness the power of location-based technology.

Sofihub

Seed Round in 2017
Sofihub is a digital assisted living solution using Artificial Intelligence (AI) and sensor technology to support seniors to live independently in their own homes. Sofihub observes and learns normal behaviour in the home, Sofihub can then identify abnormal behaviour and raise alerts. Sofihub is also a personal home assistant delivering greetings, medication reminders and hydration alerts. Sofihub was developed by Deakin University Software and Technology Innovation Laboratories.

Stackla

Venture Round in 2016
Stackla is a social content marketing platform that puts user-generated content at the heart of brand marketing. With an AI-powered user-generated content (UGC) platform and asset manager, Stackla sits at the core of the marketing stack, actively discovering and recommending the best visual content from across the social web, as well as internal and external resources, to fuel personalized content experiences at scale. More than 500 global brands, agencies, media companies, and nonprofits use Stackla to curate and publish the best content from across the social web. Founded in 2012, Stackla has offices in San Francisco, New York, Sydney, and London.

Hey You

Series B in 2016
Formerly Known as Beat The Q and Posse. Hey You is evolving the way that people order and pay at cafes, restaurants and bars. They connect customers with businesses through their app, so that you can order ahead and pay through your mobile. Hey You understand that humanity is at the core of all hospitality and we bring this to our users through our app. It also focuses on building connections between customers and businesses every day from helping venues grow and run their businesses to transforming the way customers order at their favorite venues. Hey You was founded in 2011and is headquartered in Sydney, Australia.
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