Reinventure
Reinventure is a Sydney-based corporate venture capital fund founded in 2014, deploying approximately $150 million into early-stage fintech and adjacent companies across Asia-Pacific, with Westpac Banking Corporation as its largest limited partner.
- Company typePrivate
- Founded2014
- HeadquartersSydney, Australia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Reinventure does
Reinventure is a Sydney-based corporate venture capital fund founded in 2014 that deploys approximately $150 million in committed capital into early-stage fintech and adjacent companies across the Asia-Pacific region, primarily at seed through Series B stages. The fund is anchored by Westpac Banking Corporation as its largest limited partner, giving portfolio companies access to banking infrastructure, customer networks, and commercial pilots — a structural advantage uncommon among independent early-stage VCs. Co-founders Danny Gilligan and Simon Cant lead the firm alongside General Partner Kara Frederick, with a small team supplemented by analysts and a dedicated community function.
The firm invests across a broad fintech-and-adjacent thesis spanning payments (Zai/Mx51), lending (SocietyOne, Valiant Finance), open banking APIs (Basiq), conversational and data AI (Curious Thing, Hyper Anna, Akin, Kepler Analytics), cybersecurity (Kasada), digital identity (Everproof, FrankieOne), crypto/Web3 (Coinbase, Immutable), HR/payroll (Flare HR), and consumer platforms (Hey You, Hmlet, Athena). Portfolio companies are sourced primarily through warm introductions from existing portfolio founders, the Stone & Chalk fintech hub (which Reinventure co-founded), and co-investments with specialist VCs in adjacent geographies and sectors. The firm does not operate modular products or software platforms; its offering is capital, strategic access to Westpac, operational expertise, and portfolio community programming (Founders Day events, retreats, Slack networks).
Reinventure's revenue model follows standard VC fund economics: management fees on committed/invested capital and carried interest from portfolio company exits. The fund's value proposition is differentiated from independent VCs by the Westpac strategic LP relationship and from pure corporate CVCs by its independently governed investment process, allowing portfolio companies to access banking distribution without ceding strategic control. Reinventure is a private entity, does not publicly disclose revenue or AUM updates beyond the $150M figure, and operates as a small team (1–10 employees) with an outsized ecosystem footprint through its co-founding role in Stone & Chalk and FinTech Australia.
Reinventure firmographics
Firmographics- Name
- Reinventure
- Legal name
- Reinventure Group
- Website
- https://reinventure.com.au
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Reinventure is a Sydney-based corporate venture capital fund founded in 2014, deploying approximately $150 million into early-stage fintech and adjacent companies across Asia-Pacific, with Westpac Banking Corporation as its largest limited partner.
- Ownership category
- akta.pro rank
Reinventure industry classification
Industry- Product category
- Venture Capital
- NAICS
- Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Independent Venture Debt Funds / Platforms (FSANAIAB)
- akta.pro secondary industry
- Impact Investment & Development Investment Funds (BPADACAO)
Keywords
Where Reinventure is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Reinventure business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Investment Returns: Returns generated from portfolio company exits through acquisitions or IPOs. As a VC fund, Reinventure generates returns through capital gains when portfolio companies succeed and exit.
- Management Fees and Carried Interest: Standard VC fund economics including management fees on committed capital and carried interest from successful exits.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Reinventure product offering
Product offeringCore offering
Reinventure is a corporate venture capital fund that invests growth capital from seed through Series B in early-stage fintech and adjacent startups across the Asia-Pacific region. The fund operates with $150 million in committed capital, backed by Westpac Banking Corporation as its largest limited partner, and supplements capital with operational expertise, strategic introductions, and access to Westpac's banking infrastructure for portfolio companies.
Product overview
Reinventure is a founder-first corporate venture capital fund that operates as a single investment vehicle, deploying $150 million into fintech and adjacent areas across Asia-Pacific. Rather than offering a modular software platform, Reinventure provides venture capital investment, strategic partnership with Westpac Banking Corporation as its largest limited partner, and portfolio support services including operational expertise, network access, and co-investment opportunities. The fund focuses on early-stage businesses in sectors including payments, lending, APIs, cybersecurity, AI, data analytics, and digital identity, with investments ranging from seed through Series B rounds.
Differentiator
Problem solved
Functional benefit
Products and services
- Reinventure Fund (Seed to Series B) Early-stage venture capital fund deploying $150 million in committed capital into fintech and adjacent startups from seed through Series B across Asia-Pacific, with Westpac Banking Corporation as its largest limited partner providing strategic distribution and banking infrastructure access.
- Reinventure Family Community Program Portfolio community platform for Reinventure's 32+ portfolio companies providing peer networking, Founders Days events, Slack-based communication, and ongoing support programs to drive collaboration and shared learning across the fund's portfolio.
- US Market Expansion Support Strategic advisory and network support for Australian fintech portfolio companies seeking to expand into the US market, leveraging the General Partner's Wall Street and San Francisco buy-side and sell-side experience.
Companies that use Reinventure
Customer profileNamed customers12 records
Segments2 records
Ideal customer profiles2 records
Reinventure technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Reinventure partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Stone & ChalkcoreAustralia's largest FinTech coworking hub in Sydney, seeded and incubated by Reinventure founders Danny Gilligan and Simon Cant. Serves as a key ecosystem partner for portfolio companies and startup community engagement.
- FinTech AustraliacoreNational industry body for Australian fintech startups. Reinventure was key in founding the organization, with Simon Cant serving as first Chair in March 2016.
- TechSydneyminorLocal startup industry association advocating for a stronger, more collaborative local startup ecosystem. Reinventure is a founding member.
- AurorminorPortfolio company specializing in retail crime prevention technology. Not a formal partnership but Reinventure investment relationship.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Reinventure competitors and assessment
Company assessmentDirect peers
- H2 Ventures: Australia's leading fintech-focused venture capital fund and operator of the H2 Accelerator. Highly comparable to Reinventure given its exclusive focus on fintech startups in Australia and APAC.
- Main Sequence Ventures: Australia's deep tech and science-focused VC, founded by CSIRO. Comparable as an Australian VC fund that co-invests with Reinventure (e.g., Kasada) and operates in similar fund size and stage range.
- NAB Ventures: Corporate venture arm of National Australia Bank, focused on fintech and adjacent sectors in Australia and globally. Directly comparable to Reinventure as another Australian bank CVC, and has co-invested alongside Reinventure (e.g., Basiq).
- SC Ventures: Innovation, ventures and fintech investment arm of Standard Chartered Bank, focused on banking, payments, and fintech across Asia, Africa, and the Middle East. Comparable as a bank-backed CVC pursuing similar fintech theses; co-invested with Reinventure in Zai.
- AirTree Ventures: One of Australia's largest venture capital funds, investing across software, fintech, and consumer. Comparable as a leading Australian VC with significant fintech exposure and similar check sizes at Series A.
- Square Peg Capital: Major Australian VC fund with global mandate across fintech, software, and consumer technology. Comparable to Reinventure in fund size, Australian base, and fintech investment focus across seed to growth stages.
- Blackbird Ventures: Prominent Australian VC investing broadly in technology including fintech, infrastructure, and consumer. Comparable in fund scale, Australian focus, and stage range, though with broader sector mandate than Reinventure.
- Ten Eleven Ventures: Global cybersecurity-focused VC fund with deep operational expertise. Comparable as a specialist VC that has co-invested with Reinventure (e.g., Kasada), though with a narrower cybersecurity-only mandate.
Regional players
- Carthona Capital: Australian early-stage VC fund with a fintech and emerging tech focus. Comparable in Australian geography and fintech orientation, though typically with smaller average check sizes than Reinventure.
- Qualgro: Singapore-based VC investing in data, AI, and fintech across Southeast Asia and Australia. Comparable as a regional fintech-focused VC that has co-invested with Reinventure (e.g., Curious Thing, Open Agent), but primarily serves Southeast Asia rather than Australia.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Reinventure social profiles
Digital presenceReinventure financial estimates
Financial estimateRevenue estimate
Valuation estimate
Reinventure leadership team
Management profileNumber of profiles
Profiles7 records
Reinventure funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Reinventure M&A and investment
M&A and investmentM&A
Investments70 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Reinventure
What does Reinventure do?
Reinventure is a corporate venture capital fund that invests growth capital from seed through Series B in early-stage fintech and adjacent startups across the Asia-Pacific region. The fund operates with $150 million in committed capital, backed by Westpac Banking Corporation as its largest limited partner, and supplements capital with operational expertise, strategic introductions, and access to Westpac's banking infrastructure for portfolio companies.
Is Reinventure a public or private company?
Reinventure is a private company. It is classified as corporate owned and is currently operating.
When was Reinventure founded?
Reinventure was founded in 2014. It employs 1 to 10 people.
Where is Reinventure based?
Reinventure is headquartered in Sydney, Australia, in the Oceania region.
How does Reinventure make money?
Two revenue lines are on record. Investment Returns are the primary driver. The others are management Fees and Carried Interest.
Who are Reinventure's main competitors?
Direct peers on record are H2 Ventures, Main Sequence Ventures, NAB Ventures, SC Ventures, AirTree Ventures, Square Peg Capital, Blackbird Ventures and Ten Eleven Ventures. Regional players are Carthona Capital and Qualgro.
Does Reinventure have an API?
No public API is recorded for Reinventure.
What industry is Reinventure in?
Reinventure's product category is Venture Capital. Its primary akta.pro industry code is FSANAIAB, Independent Venture Debt Funds / Platforms, with a secondary code of BPADACAO, Impact Investment & Development Investment Funds. Its NAICS code is 5259 and its SIC code is 6282.