Venture capital fund · 7 deals
Brisbane, QLD
Every published round Sprint Ventures 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.
Companies Sprint Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Umps Health | Smart home platform for aged care | 6 Dec 2024, Series A | 2 | 0 |
| VAPAR | AI software for assessing pipe condition from CCTV footage | 14 Jun 2022, Seed | 2 | 0 |
| Avarni | 21 Nov 2023, Pre-seed | 1 | 0 | |
| Clipboard | Software for schools to manage extracurricular programs | 21 Oct 2022, Seed | 1 | 0 |
| Paypa Plane | 3 Apr 2023, Series A | 1 | 0 |
Companies Sprint Ventures'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 |
|---|---|
| ausbiz | ausbiz.com.au ↗ |
| Bitwise Agronomy | bitwiseag.com ↗ |
| GoFIGR | - |
| Greenlake Medical | greenlakemedical.ai ↗ |
| Hayylo | hayylo.com ↗ |
| Hoops | hoopscrm.com ↗ |
| Leakster | leakster.com.au ↗ |
| Medistays | medistays.com.au ↗ |
| Music Health | musichealth.ai ↗ |
| MyWork | mywork.com.au ↗ |
| Perx Health | - |
| Radian Energy | radian.com.au ↗ |
| Submarine | - |
| Umps | umps.com ↗ |
| XBert | xbert.io ↗ |
| YouPay | youpay.co ↗ |
Fund closes reported for Sprint Ventures, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| Expansion Capital Fund | 8 Dec 2022 | $8m | $50m | Interim | Techboard, Startup Daily (28 Nov 2022), Startup Daily (1 Nov 2022) |
Companies Sprint Ventures has backed that another company then bought. An exit for the holding, not a deal Sprint Ventures did.
| Name | Role | Sources |
|---|---|---|
| Georgia Barkell | Managing Partner | Sprint Ventures portfolio, Startup Daily, Australian FinTech, avarni.co |
| Georgia Barkell | Chief Operating Officer | Startup Daily |
| Llew Jury | Director | Sprint Ventures portfolio, Startup Daily (1 Nov 2022), clipboard.app, Startup Daily (9 Jun 2022), Startup Daily (21 Apr 2022), Sprint Ventures team page, Sprint Ventures team page |
| Todd Crowley | Investment Committee Member | Sprint Ventures portfolio, Sprint Ventures team page |
Stories naming Sprint Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Profile of GoFIGR, a Sydney HR-tech startup founded in 2020 by two former Randstad colleagues, recording its 2023 seed round of $1.9 million backed by Aliavia Ventures, Antler and Wollemi Capital.
Compass Education has bought Clipboard, a school extracurricular software startup, with early backers including Jelix Ventures and EVP expecting up to 10x returns; earlier raises by both companies are recalled.
Roundup of five Australian raises totalling $85 million: National Renewable Network's Series A, plus Syenta, Cuttable, SprintSuite and Bitwise Agronomy, with lead investors and expansion plans for each.
Sprint Ventures' analysis of the Aged Care Act 2024 reforms, framing them as a market opportunity for aged care technology and noting its early investments in UMPS and Hayylo.
Aged-care technology firm Umps Health of Melbourne has banked a $4 million Series A, with Breakthrough Victoria supplying half the money and InterValley Ventures coming onto the register alongside four existing backers.
Also clearvalue.co
Sprint Ventures announces Todd Crowley, an early investor in the firm with two decades of business experience, has joined its investment committee, with chairman Llew Jury welcoming the appointment.
Queensland's investment arm is backing Melbourne's sports technology network to run accelerator programs for as many as 40 local sportstech startups, after its venture development fund recently committed to several venture funds.
Sprint Ventures announces a binding term sheet making QVCDF a cornerstone backer of its upcoming third fund, and flags plans to invest across healthcare, climate tech and AI, plus a July event.
Roundup of January raises: Sonder took $16 million in a Series B extension, Ultra Violette landed $15 million from Aria Growth Partners, VAPAR added $5 million; Sonder also named a new chairman.
Australian AI software firm VAPAR has secured $5 million in a PureTerra Ventures-led round to fund North American expansion, with Autodesk, Halma, Access Capital, Metagrove and Sprint Ventures also taking part.
Also Business News Australia·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Women's Agenda
Techboard's monthly roundup reports November 2022 Australian private funding of roughly $678 million across 38 deals, listing closed raises by Vow, Samsara Eco, Advanced Navigation and others, Sprint Ventures' first fund close, and rounds still open.
Also SmartCompany
Ignition Lane's weekly tech roundup covering record Australian VC fund raises, several green-tech startup funding rounds, Deliveroo's administration, the FTX collapse, and takeover offers for ELMO and Nitro.
Also Techboard
Queensland early-stage investor Sprint Ventures reached an $8 million first close toward its $50 million Expansion Capital Fund, hired Georgia Barkell as COO, and has recently backed ausbiz, VAPAR and YouPay.
Also Startup Daily·Techboard
Edtech startup Clipboard raised $3.1 million in a round led by EVP, with Jelix Ventures and Sprint Ventures participating, to fund new functionality and business development hires.
Also SmartCompany·Business News Australia·Techboard·Startup Daily·clipboard.app·Forbes Australia
Pipeline inspection software maker VAPAR has secured a seven-figure seed round from four venture backers to grow its team and expand into the United Kingdom and United States markets.
Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Women's Agenda
Brisbane VC Sprint Ventures has invested in business news streamer ausbiz, whose Series A+ raise continues; the company also added a new Head of Product and an extra market commentator to its on-air desk.
Blackbird presents its seven new investment associates, profiling their varied backgrounds across elite sport, science, banking, consulting and startups, plus prior roles at firms including Sprint Ventures, NZ Growth Capital Partners and AustralianSuper.
Payment firm Paypa Plane says Mastercard, Cuscal, Sprint Ventures and Queensland's Business Investment Fund joined its $10 million Series A, with QIC managing the investment and Commonwealth Bank and Tyro already backing it.
Also Business News Australia·Startup Daily·Australian FinTech·SmartCompany·Startup Daily·Women's Agenda