Momentum Investment Group

Momentum Investment Group was a venture capital firm based in Melbourne, Australia, focused on investing in technology and service companies that commercialize Australian research and development. Established in 1998, the firm primarily targeted early-stage investments, including seed, start-up, and early expansion funding. It typically invested between A$500,000 and A$1.5 million in companies with annual revenues under A$5 million and an average revenue of less than $4 million over two years. Momentum Investment Group sought to acquire minority stakes of 20 to 40 percent in its portfolio companies and often took a seat on their boards. The firm was known for its commitment to high-growth potential businesses and aimed to establish beneficial partnerships with innovative Australian entrepreneurs. It did not invest in sectors such as financial services, mining, land development, or real estate. Despite its initial success, Momentum Investment Group is currently out of business.

1 past transactions

Rock Paper Coin

Seed Round in 2021
Rock Paper Coin is a new platform revolutionizing the way the wedding industry accepts contracts and payments. Rock Paper Coin is a need-based solution focusing primarily on payments and contracts. Approximately 350,000 wedding businesses make up the $74 billion dollar industry in the US ($300 billion globally). It was founded in 2019 and headquartered in Portland, Oregon.
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