Paloma Group

Paloma Group, founded in 2014 and based in Sydney, Australia, operates as a leading venture studio and investment firm in Australasia. The company focuses on seed and early-stage investments, primarily targeting the technology, fintech, disability services, and chemicals sectors. With a commitment to fostering innovation, Paloma Group aims to support promising startups in Australia and New Zealand, helping them develop and scale their businesses effectively.

Ash Fogelberg

General Partner

Nick Frandsen

Co-Founder and Managing Partner

6 past transactions

Marmalade

Venture Round in 2024
Marmalade is an invoice payments platform that enables businesses to manage their cash flow effectively. The platform allows companies to cash in eligible unpaid invoices at any time, providing a range of payment options for customers. This flexibility helps businesses access their funds quickly and transparently, enhancing operational efficiency and improving financial management. By streamlining the invoice workflow, Marmalade empowers organizations to take control of their cash flow and optimize their financial operations.

Sherlok

Seed Round in 2023
Sherlok is an innovative automated repricing and refinancing tool specifically designed for mortgage brokers in Australia. The platform utilizes artificial intelligence and machine learning to anticipate when clients may leave their broker and monitors interest rates to ensure homeowners are receiving the best possible rates. By automatically repricing loans, Sherlok enhances the client experience and helps brokers retain their clientele. Additionally, Sherlok identifies refinancing opportunities by comparing clients' current rates with those from other lenders, generating valuable leads directly for brokers. This dual functionality not only aids in retaining clients but also supports brokers in expanding their loan books and preventing potential commission losses.

ChemCloud

Seed Round in 2022
ChemCloud is a digital platform that makes it easy to discover, buy, and sell chemicals. ChemCloud allows customers to source all of their chemicals and raw materials from trusted suppliers, then track the location of their order and schedule production with confidence. ChemCloud reduces waste by connecting chemical distributors and manufacturers in order for them to buy and sell their products.

InStitchu

Venture Round in 2022
InStitchu Pty Ltd. is an online custom clothier based in Sydney, Australia, specializing in tailor-made menswear. Founded in 2011, the company allows customers to design their own tailored garments, including suits, shirts, vests, and pants, either from scratch or by selecting from existing designs. InStitchu emphasizes high-quality materials, offering a range of fabrics such as Australian merino wool, cashmere, and cotton. The ordering process is streamlined, enabling customers to input their measurements online and receive their tailored products within two weeks. The company aims to provide a luxurious and personalized shopping experience while eliminating the traditional middleman, ensuring that customers can access premium tailored clothing at a more accessible price point. InStitchu ships its products both nationally and internationally.

Runn

Seed Round in 2021
Runn, based in Wellington, New Zealand, specializes in Software-as-a-Service resource planning and forecasting solutions tailored for project-based businesses. Founded in 2018, Runn's platform enables project managers to effectively plan, track, and forecast staffing capacities and capabilities. Its cloud-based software offers features such as capacity planning, resourcing, project management, and financial forecasting, along with tools for scenario planning that help users assess the impact of new work on resources and financial outcomes. Runn's solutions facilitate a comprehensive view of ongoing projects and team member allocations, allowing managers to identify overbooking and resolve resource conflicts. By optimizing workloads and improving visibility across projects, Runn aims to enhance operational efficiency and support timely project delivery.
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