MA Growth Ventures

MA Growth Ventures is a corporate venture arm based in Sydney, Australia, established in 2015 as part of MA Financial Group. The firm specializes in investing in growth-stage Australian companies, focusing on those led by dynamic founders and capable management teams. Since its inception, MA Growth Ventures has allocated over $500 million to support 35 businesses, achieving more than $300 million in proceeds for its investors at an average annual return of 25%. The firm aims to foster the success of its portfolio companies through strategic investments and expertise.

Richard Barresi

Executive Director

Will Botha

Executive Director

Myles Gunter

Investment Director

Alex Mount

Investment Director

Jaron Yuen

Managing Director

21 past transactions

Sonder

Series B in 2022
Sonder is the trusted wellbeing partner for some of the world’s most innovative organisations as they reimagine how to care and support their people. With a clear purpose of breaking down barriers to help, providing the right support to people at the right time. Acknowledging that there are often multiple factors at play, and wellbeing comprises of cultural, social, environmental and vocational factors, all which play a part in getting to the root cause of issues, and on a path to wellness. The heart of Sonder's solution is a technology-driven platform supported in real time by medical and mental health experts - experts that are available every minute of every day. Their mission is to get the right outcome across any wellbeing or safety issue. Trusted by major corporations, education providers and Government to enhance wellbeing across the world, Sonder is on a mission to create a better world, accepting differences and supportive of others. A world where it's OK to ask for help, for anything, at any time of the day or night. It takes humans to help other humans. That’s why Sonder combines a human first, tech supported approach.

Shippit

Series B in 2022
Shippit makes multi-carrier connectivity and carrier allocation simple, so you can offer more delivery options and sustainable, cost-effective shipments.

CartonCloud

Series A in 2022
CartonCloud is a time saving online logistics software that is supporting transporting and warehousing companies to become more efficient and move to paperless systems to reduce administration tasks immensely. Using sign-on glass technology for proof of deliveries to be recorded from ios or android devices you can log in online anytime and see up-to-date logistics data - from anywhere on Mac, PC, tablet or mobile.

DGtek

Series B in 2021
DGtek is based on overhead FTTH GigabitPON, we aim to provide internet/phone/CATV services to the residential and commercial sectors cheaper than ADSL.

Quantum Brilliance

Seed Round in 2021
Quantum Brilliance builds room temperature quantum computers powered by synthetic diamond, enabling applications in everyday computing, including edge and massively parrellelized computing. The company's diamond-based technology allows for the creation of miniaturized and energy-efficient quantum systems, which can simplify integration into everyday applications.

Pendula

Series B in 2021
Pendula is a powerful customer engagement and workflow automation platform that enables businesses to create seamless, two-way conversations across SMS, email, in-app, RCS, Whatsapp and more. By automating workflows and streamlining communication, Pendula helps teams improve engagement, reduce manual effort, and drive better customer outcomes—all without the need for coding. Whether nurturing leads, managing renewals, or personalising interactions at scale, Pendula ensures businesses stay connected with their customers and drive stronger ROI.

DGtek

Series A in 2021
DGtek is based on overhead FTTH GigabitPON, we aim to provide internet/phone/CATV services to the residential and commercial sectors cheaper than ADSL.

HowToo

Series A in 2021
HowToo is the only eLearning authoring tool your team will want to use. Full of ready-to-go content, simply copy and paste your content into our huge library of templates. Add quizzes and assessment blocks with a click of a button and launch in just minutes. With the powerful insights of data, research and analytics we have created a tool that allows you to build incredible learning experiences for success. HowToo is also the first tool to meet the WCAG 2.1 AA standard.

Liquid Instruments

Series B in 2021
Liquid Instruments is the developer of Moku:Lab, a new all-in-one device for professional test and measurement. Moku:Lab couples the signal processing power of an FPGA with high-speed analog inputs and outputs to bring you a new level of flexibility in the lab.

Comestri

Series B in 2021
Comestri is award-winning software for eCommerce. The SaaS platform, combining PIM (Product Information Management) and OMS (Order Management System) technologies, allows merchants to manage and enrich multiple sources of product information and then use this information across independent sales channels such as ecommerce platforms, marketplaces and other online channels such as social media, email marketing platforms, order management systems and dropship.

Cloudwave

Series A in 2021
Cloudwave provides cloud technology, unified communications, and hybrid cloud services. The company uses cutting-edge public cloud technology to give clients a better contact center experience. Cloudwave's hybrid procurement strategy combines the elements of the purchase and construct models to provide the features that the client requires at a cost they can afford.

CitrusAd

Series A in 2020
CitrusAd, a world leader in retail media, provides white-label, SaaS+ ad-serving technology and services for retailers. Since launching in 2017, co-founders Brad Moran and Nick Paech have taken CitrusAd to new heights by creating the first world-leading, self-serve retail media platform enabling retailers to monetize their on-site and off-site digital assets. By partnering with retailers to put extensive shopper data to work at scale, the CitrusAd platform and real-time relevancy engine creates a more personalized shopping experience and delivers greater ROI for marketers through cost-effective digital ad campaigns whilst providing profitable revenue stream for retailers. The company has grown to become one of the technology leaders in retail media, partnering with the world’s biggest retailers including, Ocado, Sainsbury’s, Woolworths, Coles, Albertsons, Target, Groupon, Petco, Wakefern, Kohl’s, Lowe’s, Majid Al Futtaim Retail – Carrefour and many others. CitrusAd enables brands to launch and review cost-effective advertising campaigns across the full customer journey in one single platform. CitrusAd was named a leader in “The Forrester Wave™: Sell-Side Retail Media Solutions, Q3 2021 and described as “punching above its weight”, offering “superior on-site search, display media and measurement capabilities in an easy to use platform”, which offers “flexibility, ease of use and stellar reporting”. CitrusAd was also ranked as the second fastest growing tech company by Deloitte in the Deloitte Fast 50. Later that year, CitrusAd was acquired by Publicis Groupe for a reported $205m aiming to bring the first unified on-site and off-site self-serve platform to market, which it successfully accomplished in July 2022.

Ansarada

Series D in 2019
Ansarada is a global provider of next generation virtual data rooms that enable faster, easier and safer business transactions. Their services are used by the world's leading companies, investment banks, legal and advisory firms in business transactions such as M&A, joint ventures, fundraising and other due diligence based projects. Operating since 2005, their virtual data rooms are independently certified to the highest security standards and supported by experienced professionals 24/7.
Clinical Genomics is a privately held biotechnology company developing innovative products for colorectal cancer diagnosis and monitoring. With a broad intellectual property portfolio including more than 20 issued and pending patents, Clinical Genomics has developed and validated a sensitive and specific blood test for colorectal cancer recurrence monitoring that will be launched in the U.S. in 2016. This 2-gene test, which is based on methylated DNA from two genes, BCAT1 and IKZF1, is currently known by its project name GEMINI.

Vault Cloud

Series A in 2017
Vault is an Australian ASD certified cloud service provider to government agencies and enterprise.

Chope

Series D in 2017
Chope is an online app that enables users to find and reserve restaurants in their preferred restaurants..

Ansarada

Venture Round in 2017
Ansarada is a global provider of next generation virtual data rooms that enable faster, easier and safer business transactions. Their services are used by the world's leading companies, investment banks, legal and advisory firms in business transactions such as M&A, joint ventures, fundraising and other due diligence based projects. Operating since 2005, their virtual data rooms are independently certified to the highest security standards and supported by experienced professionals 24/7.

Rokt

Series B in 2017
ROKT is a software development company that offers e-commerce technology and software solutions to introduce marketing into e-commerce through the transaction moment in order to revolutionize the consumer purchasing experience. The business links consumers and marketers and integrates native advertisements into e-commerce sites' transactional flows.

Smart Sparrow

Series C in 2017
Smart Sparrow owns and operates an e-learning platform, which enables students and professionals to create an e-learning courseware. It allows customers to create courseware on various subjects, including digital literacy, computer sciences, engineering, finance, marketing, medicine, orientation, sciences, and soft skills, as well as training courses. Smart Sparrow serves various institutions locally and internationally. Ariel Shoham, Dror Ben-Haim, Shaowei Ho, and Zack Belinson founded it on December 29, 2010, with its headquarters in Surry Hills in Australia with an additional office in San Francisco in California.

Sparesbox

Series A in 2016
Sparesbox is a tech Startup disrupting the established $20bn vehicle parts & servicing industry by empowering every driver with a smarter way to maintain their vehicle. It is a one stop digital shop for auto parts & mobile car servicing bringing tech innovation, a lean supply chain, and transparency to a market which lacks it. Sparesbox has become the largest auto parts e-retailer in Australia in less than 3 years by selling premium parts, previously only accessed through auto trade channels, direct to customers, saving drivers on average 30%. In October 2016, Sparesbox launched a fleet of tech-led expert Mobile Mechanics in Sydney, set to go Australia-wide. Sparesbox.com.au/service brings savings and convenience to a wider audience of everyday drivers looking for a smarter way to fix their car.

Avoka

Venture Round in 2016
Avoka offers a range of digital sales experiences for customers in financial services, government, and a diverse range of other industries. Its primary offerings include Avoka Transact, a platform enabling users to create, deploy, and manage customer-facing business transactions; Avoka Transaction Manager, which manages multi-channel digital transactions; and Avoka Transact Composer, an authoring tool that creates multi-channel digital transactions and data capture applications for iOS, Android, and Windows. Avoka also offers deployment and integration services, along with training resources. Founded in 2002, the company is based in the U.S.
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