What OIF Ventures does

OIF Ventures is a Sydney-based venture capital firm founded in 2016 (originally as Our Innovation Fund, rebranded in 2021) that invests in early-stage technology companies led by Australian and, increasingly, New Zealand and Brazilian founders. The firm operates three investment vehicles: Fund I (A$50M, 2016), Fund II (over A$100M, 2021), and the OIF Ventures Opportunity Fund (initial A$55M raise, 2023, targeting A$75M), collectively managing over A$500M in assets. OIF's investment activity spans seed through Series B, with check sizes ranging from A$2.5M seed rounds (Apate.ai) to A$110M Series C participation (Advanced Navigation) and A$27.2M Series D co-leads (Omniscient). The firm is regulated in Australia as an Authorised Representative of OIF Services Pty Ltd (AFSL 513692) under OIF Ventures Manager Pty Limited (ABN 68 154 200 996).

OIF differentiates through a founder-first operating model that bundles capital with hands-on mentorship, talent acquisition support, customer introductions, and a stated $1B+ connection network into top-tier US VCs for portfolio follow-on capital. The LP base of 150+ founder-operators, high-net-worth individuals, family offices, and listed-company executives deliberately excludes institutional super funds, creating a community-driven capital structure where successful portfolio founders (e.g., Peter Lilley/Instaclustr, Andrew Barnes/Go1, Sam Crowther/Kasada) reinvest proceeds and source deals. Fund I's 43% net IRR (top decile globally) and 3.5x cash-on-cash return demonstrate the model; marquee exits include Instaclustr (20x, sold to NetApp for over $500M in April 2022) and XM Cyber (sold to Schwarz Group for US$700M in late 2021). The portfolio spans enterprise SaaS (Enboarder, Assignar, Hapana), cybersecurity (Kasada, Eftsure, Apate.ai), AI/deep tech (Omniscient, Advanced Navigation, Syenta), fintech (Pagaleve), legal tech (Mary Technology), and consumer/internet (Go1, Atomi, Appetise, Linkby).

The business model follows standard VC economics: management fees on committed AUM (typically ~2% annually) and carried interest on fund profits above the hurdle. Fund I returns benefited from ESVCLP tax-advantaged structures. Revenue is not publicly disclosed but is implied to be in the low tens of millions AUD given $500M+ AUM and an 11-50 person team. The firm's marketing is relationship-driven, relying on portfolio founder referrals, content/newsletter distribution, and selective event presence rather than outbound sales motion.

Name

OIF Ventures

Legal name

OIF Ventures Manager Pty Limited

Website

https://oifventures.com.au

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

OIF Ventures is a Sydney-based venture capital firm investing in early-stage Australian, New Zealand, and select international technology founders across seed to Series B, managing over A$500M across three funds with a founder-LP-backed operating model.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

Keywords

• Venture capital funding
• Early-stage technology investments
• Seed and series A
• Technology startup funding
• Venture capital firm

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Management Fees: VC firms typically charge management fees on committed capital under management, usually 2% annually.
2. Carried Interest: Performance-based carry typically 20% of profits above the hurdle rate, aligning fund manager and investor interests.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

OIF Ventures is a venture capital firm that invests in early-stage technology companies, primarily at seed and Series A stages in Australia and New Zealand. The firm operates multiple funds (Fund I, Fund II, Opportunity Fund) managing over $500 million in assets, providing portfolio founders with capital alongside operational support, mentorship, talent acquisition assistance, and introductions to customers and top-tier US VCs for global expansion.

Product overview

OIF Ventures is a venture capital firm that operates multiple investment funds (Fund I, Fund II, and Opportunity Fund) collectively managing over $500 million in assets. Rather than offering a unified software platform, OIF Ventures provides a suite of funding vehicles at different stages (seed through growth), complemented by value-add services including mentorship, talent acquisition support, strategic guidance, and access to a network of 150+ investors including founders and operators. The funds are backed exclusively by high-net-worth individuals, family offices, and successful tech founders, and the firm focuses on connecting portfolio companies with US VC capital for expansion.

Differentiator

Problem solved

Functional benefit

Products and services

• OIF Ventures Fund I OIF Ventures' first venture capital fund focused on early-stage technology investments in Australian and New Zealand founders.
• OIF Ventures Fund II OIF Ventures' second fund, raising over A$100 million to continue partnering with Australia's exceptional technology founders.
• OIF Ventures Opportunity Fund A fund focused on investing in fresh funding rounds for existing portfolio companies and select new Series B investments, taking advantage of better-priced growth stage deals.
• Founders Investment Services

Quantifiable outcome

• 43% net IRR on Fund I, top decile globally
• +3 more outcomes

Named customers18 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Paul MigliorinicoreOthers · 15 February 2021Former AWS Australia and New Zealand boss joined as Partner and Investment Committee member, bringing 20 years of tech industry experience and Amazon's leadership principles to guide portfolio companies

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Blackbird Ventures: Blackbird is Australia's leading early-stage venture capital firm, backing tech founders from seed through Series A. Directly comparable to OIF in geography (Australia/NZ), stage focus, and founder-first philosophy, with a larger fund size and stronger brand in the local ecosystem.
• AirTree Ventures: AirTree is one of Australia's largest venture capital firms, investing across seed to growth in Australian tech companies. Comparable to OIF in target market and stage focus, with a notably larger fund size and broader sector mandate including consumer and enterprise software.
• Square Peg Capital: Square Peg is a major Australian and Israeli venture capital firm investing in early and growth-stage technology companies. Comparable to OIF in geographic focus on ANZ and Israel, with a broader stage mandate and significantly larger fund sizes.
• Bailador Technology Investments: Bailador is an ASX-listed technology investment firm focused on growth-stage Australian and NZ software businesses. Comparable to OIF through co-investments in portfolio companies like Hapana, though Bailador operates more at Series A/B+ and runs a listed fund structure.
• Main Sequence Ventures: Main Sequence is Australia's leading deep tech and science commercialization venture firm, spun out of CSIRO. Comparable to OIF as a major Australian VC with overlapping deep tech portfolio (e.g., Syenta co-investment) but differentiated by focus on science-based startups from research institutions.
• Startmate: Startmate is an Australian/NZ early-stage venture firm and accelerator investing in pre-seed and seed startups. Comparable to OIF in geography and founder-first philosophy, with a stronger emphasis on accelerator model and smaller initial ticket sizes.
• Icehouse Ventures: Icehouse Ventures is a leading New Zealand early-stage venture capital firm. Directly comparable to OIF through multiple co-investments (Appetise, DataMasque, Syenta) with a similar focus on ANZ founders at seed and Series A.
• King River Capital: King River Capital is an Australian early-stage venture capital firm focused on tech founders. Comparable to OIF as a fellow Australian seed/Series A investor, with recent co-investments in Starboard Maritime Intelligence demonstrating direct overlap in deal flow.
• Skalata Ventures: Skalata is an Australian pre-seed venture fund backing founders at the earliest stages. Comparable to OIF in ANZ geography and founder-first approach, though operating earlier in the lifecycle (pre-seed/seed) with smaller initial check sizes.
• Investible: Investible is an Australian and New Zealand early-stage venture capital firm. Comparable to OIF in geography and stage focus, with multiple co-investments including Apate.ai and Syenta, and operates both an early-stage fund and climate-focused fund.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/oif-ventures
• Xx.com/oifvc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments104 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OIF Ventures