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.
Top Stages
1 past transactions
Rock Paper Coin
Seed Round in 2021
Rock Paper Coin, Inc. is a digital platform designed to facilitate collaboration between couples and event professionals in the wedding industry. Launched in 2019 and headquartered in Lake Oswego, Oregon, it provides a comprehensive solution for managing contracts, invoices, and payments. The platform allows users to select and engage vendors, streamline the payment process, and handle essential paperwork efficiently. By offering features such as branded electronic agreements, editable fields, and electronic signatures, Rock Paper Coin aims to simplify the administrative aspects of wedding planning, allowing clients and vendors to focus more on the creative elements of their events. With a significant portion of the $74 billion U.S. wedding industry utilizing its services, Rock Paper Coin addresses a critical need for improved financial and contract management in the sector.
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