Reinventure

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.

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

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

• Venture capital fund
• Corporate venture capital
• Fintech investments
• Seed stage investing
• Early-stage funding

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, Others

Revenue model

1. 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.
2. 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

Core 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.

Named customers12 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Stone & ChalkcoreOthersAustralia'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 AustraliacoreOthersNational industry body for Australian fintech startups. Reinventure was key in founding the organization, with Simon Cant serving as first Chair in March 2016.
• TechSydneyminorOthersLocal startup industry association advocating for a stronger, more collaborative local startup ecosystem. Reinventure is a founding member.
• AurorminorOthersPortfolio company specializing in retail crime prevention technology. Not a formal partnership but Reinventure investment relationship.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct 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

• Xx.com/ReinventureFund
• LinkedInlinkedin.com/company/reinventure-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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

M&A

Investments70 records

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

Frequently asked questions about Reinventure