Family office · 4 deals
Strategic capital, contacts and expertise for businesses
Malvern, VIC
Every published round Gandel Invest took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Upcover | Series A | 9 Feb 2025 | $19m | Participant | Australian FinTech (25 Jun 2025), Australian FinTech (12 Feb 2025), Startup Daily, Gandel Invest portfolio, RealVC portfolio | |
| EatClub | Series A | 19 May 2025 | $18.2m | Participant | Startup Daily (23 Feb 2026), SmartCompany (23 Feb 2026), Forbes Australia (23 Oct 2025), SmartCompany (23 May 2025), Startup Daily (19 May 2025), SmartCompany (19 May 2025), Forbes Australia (19 May 2025), CoAct Capital portfolio, Gandel Invest portfolio | |
| Sophiie AI | Seed | 16 Aug 2026 | $5m | Participant | Startup Daily, Business News Australia, Dealroom | |
| Elita | Seed | 14 Sep 2026 | $1.9m | Participant | Startup Daily, Gandel Invest portfolio |
Companies Gandel Invest has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| EatClub | Dynamic pricing app helping restaurants fill tables with time-sensitive discounts | 19 May 2025, Series A | 1 | 0 |
| Elita | Pet health startup | 14 Sep 2026, Seed | 1 | 0 |
| Sophiie AI | AI-powered client management system for service-based businesses | 16 Aug 2026, Seed | 1 | 0 |
| Upcover | Business insurance startup | 9 Feb 2025, Series A | 1 | 0 |
Companies Gandel Invest's own portfolio page lists that no published round yet places it in. The page is the source; the round is being looked for.
| Company | Site |
|---|---|
| Ampverse | - |
| Animoca Brands | - |
| Apate | - |
| Better Packaging Co | - |
| Cannatrek | - |
| Chef Good | - |
| Cogo | - |
| CRED | - |
| Demether | - |
| EngageRM | - |
| Fable | - |
| Foodbomb | - |
| Glitter | - |
| Good Pair Days | - |
| Group Together | - |
| House of Hospo | - |
| Immersve | - |
| Indicia Labs | - |
| Ivvy | - |
| Kynd | - |
| LightLink | - |
| Little Green Pharma | - |
| Munch | - |
| MyDeal | - |
| Nunn Media | - |
| On The Monee | - |
| Optty | - |
| Orbt | - |
| Ordermentum | - |
| Pay.com.au | - |
| PUSHAS | - |
| Real World Gaming | - |
| Reebelo | - |
| Sahha | - |
| Sapyen | - |
| Singularity | - |
| SkyBuys | - |
| Sophiie | - |
| Sponstar | - |
| Swan | - |
| The Spec Sheet | - |
| Travlr | - |
| Ultra Commerce | - |
| Vicinity Centres | - |
| Whizz | - |
Fund closes reported for Gandel Invest, as distinct from the investments it has made.
Companies Gandel Invest has backed that another company then bought. An exit for the holding, not a deal Gandel Invest did.
| Name | Role | Sources |
|---|---|---|
| Adam Gandel | CEO | Australian FinTech, Startup Daily, Gandel Invest team page |
| Tony Gandel | Managing Director | Australian FinTech, Startup Daily, Gandel Invest team page |
Stories naming Gandel Invest. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Elita, a Victorian dog-health startup, secured $1.9m in a Boost-led round to develop its Blueprint health-tracking product and a 24/7 vet telehealth service with VetChat; it previously raised $1.1m in 2025.
Pet-health startup Elita Genetics, based in Melbourne, has secured $1.9 million to grow from cell banking into canine longevity, with Boost VC leading and four other backers alongside.
Roundup of seven raises across the Tasman spanning fintech, marine tech, agtech, defence and AI, plus a first close for an ACT venture fund.
Australian startups raised funds including Alloy Robotics, Farmbot and Atmo Biosciences. Firmus Technologies acquired Benmax while Tabcorp bought BetMakers. SafetyCulture rebranded to Mitti.
Australian trades-software startup Sophiie AI has secured A$5 million in seed capital, valuing it at A$30 million, with five backers on board as it relaunches its platform and eyes US expansion later in 2026.
Forbes Australia profiles EatClub co-founder Pan Koutlakis, whose restaurant discount app raised $18.2 million in a Series A led by Co:Act Capital to fund UK expansion after a near-collapse during COVID.
Ten13's monthly newsletter reports its first institutional mandate via Queensland's QVCDF, new seed investments in OneMRI and Source, follow-ons in Arintra and Everlab, and portfolio progress including Go1, Qsic, Pearler and After.com.
Weekly roundup of seven Australian startup raises, led by Airwallex's Series F, plus EatClub, Kite Magnetics, Termina, Preve, Foremind and Liveheats.
Also Startup Daily
Australian dining discounts platform EatClub has secured Series A backing with Co:Act Capital leading, to support its London expansion and product development; Gandel Invest, Marbruck and Platform Advisory also took part.
Also Forbes Australia·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Forbes Australia
Insurance broking platform UpCover secured a $19 million Series A — $11 million equity led by RealVC plus $8 million debt from Marshall Investments — with Antler Elevate, Betterlabs, Gandel Invest and individual investors taking part.
Singapore's refurbished-device marketplace Reebelo announced a $20 million Series A led by Cathay Innovation and June Fund, with several returning backers participating; its earlier seed round closed in mid-2020.