TEN13
TEN13 is a Brisbane-based syndicated venture capital firm founded in 2019 that connects angel investors and family offices with early-stage technology companies via its TEN13 Hub platform, having deployed over $125 million AUD across 54+ companies globally.
- Company typePrivate
- Founded2019
- HeadquartersBrisbane, Australia
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What TEN13 does
TEN13 is a Brisbane-headquartered venture capital firm founded in 2019 by Steve Baxter (Executive Chairman; former Go1 board member) and Stew Glynn (Managing Partner). The firm operates as a network-driven syndicated investment platform that connects sophisticated angel investors and family offices — primarily from Australia and New Zealand — with early-stage technology companies at Pre-seed, Seed, and Series A stages. Since inception, TEN13 has deployed over $125 million AUD across 54+ companies and 75+ rounds globally, making first cheques of $300k to $2 million and co-investing alongside leading global VC funds including Peak XV, Antler, Octopus Ventures, and Icehouse Ventures.
The firm's core product is the TEN13 Hub, a gated digital platform (hub.ten13.vc) through which accredited investors access curated deal flow, conduct due diligence, and participate in syndicated investments. This platform is supplemented by Flight Club (investor education covering VC fundamentals, due diligence, and valuation), Spotlight Series (video interviews with founders and investors), Deal Memos (investment thesis documentation), and the Scout Program (referral network in which members earn 5% carried interest on successful intros — with over 50 deals introduced to date). The firm operates as corporate authorised representatives of Boutique Capital Pty Ltd (AFSL 508011) and has an 8-person core team covering investment, investor relations, product, and finance.
TEN13's business model combines three revenue streams: (1) carried interest on successful portfolio exits, (2) management fees from its institutional mandate under QIC's $130 million Queensland Venture Capital Development Fund secured in October 2025, and (3) platform-related economics from its investor base. The go-to-market is community-led, with a 500+ network of operators, founders, and investors from leading global companies and a 14,000+ community of platform members powering deal sourcing, diligence, and founder support. Customer segments are bifurcated: angel investors and family offices seeking curated deal flow on one side, and ambitious early-stage technology founders seeking $300k–$2m cheques plus network access on the other.
TEN13 firmographics
Firmographics- Name
- TEN13
- Legal name
- TEN13 Management Pty Ltd
- Website
- https://ten13.vc
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TEN13 is a Brisbane-based syndicated venture capital firm founded in 2019 that connects angel investors and family offices with early-stage technology companies via its TEN13 Hub platform, having deployed over $125 million AUD across 54+ companies globally.
- Ownership category
- akta.pro rank
TEN13 industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
- akta.pro secondary industry
- Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access) (FSAGAEAL)
Keywords
Where TEN13 is headquartered
LocationHeadquarters
- HQ city
- Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
TEN13 business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Carried Interest (Carry): TEN13 earns carried interest on returns generated from successful portfolio company exits. This is the primary economic incentive aligning the fund manager with investor returns.
- Management Fees (Institutional Mandate): TEN13 earns management fees from its institutional mandate under QIC's $130m Queensland Venture Capital Development Fund, representing their first appointed VC manager mandate.
- Platform Membership Fees: TEN13 onboards angel investors and family offices through their TEN13 Hub membership platform, providing exclusive access to vetted investment opportunities in exchange for membership.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | First cheques: $300k–$2m, Pre-seed to Series A |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
TEN13 product offering
Product offeringCore offering
TEN13 is a network-driven syndicated venture capital firm that invests $300k to $2m first cheques in Pre-seed, Seed, and Series A technology companies globally. It operates the TEN13 Hub, a gated membership platform that gives sophisticated Australian and New Zealand investors exclusive access to curated, vetted early-stage deal flow co-invested alongside world-class VC funds. Supporting the core investment activity are the Scout Program (referral network with carry incentives), Flight Club (investor education series), Spotlight Series (founder/investor video interviews), and Deal Memos (published investment thesis notes).
Product overview
TEN13 operates as a syndicated venture capital platform offering a unified investment platform (TEN13 Hub) through which accredited investors access curated early-stage investment opportunities. The platform is supplemented by investor education content (Flight Club), founder/investor interview content (Spotlight Series), investment thesis documentation (Deal Memo), and a referral program (Scout Program). The core value proposition centers on providing network-driven access to venture capital dealflow rather than a software product with integrated features.
Differentiator
Problem solved
Functional benefit
Brands
- Flight Club: Investor education series covering venture investing topics including due diligence, valuations, and portfolio approach.
Products and services
- TEN13 Hub Proprietary gated investment platform enabling accredited Australian and New Zealand sophisticated investors to apply for membership, review curated early-stage deal flow, participate in syndicated venture deals, and manage portfolio holdings alongside world-class VC funds.
- TEN13 Venture Capital Investment Core venture capital investment service providing $300k to $2m first cheques into Pre-seed, Seed, and Series A technology companies globally, with hands-on partnership, board-level engagement, and access to a 500+ operator/investor network for founders.
- Queensland Venture Capital Development Fund Mandate (QIC) Institutional venture capital mandate under QIC's $130m Queensland Venture Capital Development Fund, deploying institutional capital into Queensland-based technology companies as TEN13's first appointed VC manager mandate.
- TEN13 Scout Program Referral program enabling network members and external scouts to introduce startup investment opportunities to TEN13, with scouts earning 5% of carried interest fees on successful investments they refer.
Quantifiable outcome
- $125m+ AUD deployed into 54+ companies globally since 2019
- +1 more outcomes
Companies that use TEN13
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
TEN13 technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TEN13 partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Boutique Capital Pty LtdcoreTEN13 Management Pty Ltd and TEN13 Nominee Pty Ltd operate as corporate authorised representatives of Boutique Capital Pty Ltd (AFSL 508011), providing the regulatory framework under which TEN13 conducts its financial services and investment activities.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
TEN13 competitors and assessment
Company assessmentDirect peers
- Antler: Global early-stage VC that builds and funds companies from inception. Antler has co-invested alongside TEN13 in deals such as Flyweel's $2.41m pre-seed round, making it a direct competitor and co-investment partner in the same pre-seed/seed stage.
- Icehouse Ventures: New Zealand's largest early-stage VC firm. Led Appetise's $7m Series A with TEN13 participating as a new investor, operating in the same AUS/NZ ecosystem and competing for similar founders and co-investors.
- Blackbird Ventures: One of Australia's largest venture capital firms, focused on early-stage tech startups. Blackbird competes with TEN13 for the same AUS/NZ founder pool and has been an active lead investor in seed and Series A rounds across the region.
- Startmate: Leading AUS/NZ startup accelerator and early-stage VC. Like TEN13, Startmate combines community, operator network, and pre-seed/seed investing, making it one of the closest analogs in model and market.
- NZVC: New Zealand-focused early-stage VC that invests at pre-seed and seed. Participated alongside TEN13 in Appetise's Series A, sharing the same regional focus and stage overlap as a syndication partner and competitor.
- Movac: New Zealand's largest specialist deep tech VC firm. Co-led AutoGrab's $80m Series B with TEN13 participating, operating in the same broader AUS/NZ early-stage ecosystem with overlap in Series A/B rounds.
- Square Peg Capital: Australia and Israel-focused venture capital firm investing from seed through growth stages. Operates in the same geographic market as TEN13 with overlapping stage focus and competing for similar founders and limited partner capital.
- Folklore Ventures: Australia and New Zealand early-stage venture firm investing at pre-seed and seed. Operates in the same regional market as TEN13 with similar check sizes, founder focus, and stage mandate, making it a direct early-stage peer.
- OIF Ventures: Australian early-stage VC firm. Co-led OneMRI's $2.5m seed round with TEN13 and co-invested in Appetise, operating in the same AUS/NZ early-stage ecosystem with similar check sizes and stage focus.
- AirTree Ventures: Prominent Australian venture capital firm with a broad early-to-growth stage mandate. AirTree competes with TEN13 for founders in the AUS/NZ market and represents the institutional incumbent that TEN13's syndicated model partially disintermediates.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
TEN13 social profiles
Digital presenceTEN13 financial estimates
Financial estimateRevenue estimate
Valuation estimate
TEN13 leadership team
Management profileNumber of profiles
Profiles8 records
TEN13 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TEN13 M&A and investment
M&A and investmentM&A
Investments81 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TEN13
What does TEN13 do?
TEN13 is a network-driven syndicated venture capital firm that invests $300k to $2m first cheques in Pre-seed, Seed, and Series A technology companies globally. It operates the TEN13 Hub, a gated membership platform that gives sophisticated Australian and New Zealand investors exclusive access to curated, vetted early-stage deal flow co-invested alongside world-class VC funds. Supporting the core investment activity are the Scout Program (referral network with carry incentives), Flight Club (investor education series), Spotlight Series (founder/investor video interviews), and Deal Memos (published investment thesis notes).
Is TEN13 a public or private company?
TEN13 is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TEN13 founded?
TEN13 was founded in 2019. It employs 11 to 50 people.
Where is TEN13 based?
TEN13 is headquartered in Brisbane, Australia, in the Oceania region.
How does TEN13 make money?
Three revenue lines are on record. Carried Interest (Carry) is the primary driver. The others are management Fees (Institutional Mandate) and platform Membership Fees.
Who are TEN13's main competitors?
Direct peers on record are Antler, Icehouse Ventures, Blackbird Ventures, Startmate, NZVC, Movac, Square Peg Capital, Folklore Ventures, OIF Ventures and AirTree Ventures.
Does TEN13 have an API?
No public API is recorded for TEN13.
What industry is TEN13 in?
TEN13's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists), with a secondary code of FSAGAEAL, Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access). Its NAICS code is 523940 and its SIC code is 6282.