Statewide Super

What Statewide Super does

Statewide Super is a profit-for-members industry superannuation fund headquartered in Adelaide, Australia, founded in 1986. It delivers employee benefit funds and insurance services to its membership base, operating within Australia's regulated superannuation framework alongside other industry funds such as Aware Super and AustralianSuper. The fund employs between 101 and 250 staff and is led by Chief Executive Officer Tony D'Alessandro.

Operationally, Statewide Super is deploying artificial intelligence and machine learning systems across two core functions: machine learning is applied to investment analysis, and AI-powered tools are used to enhance member services and engagement. The underlying technology stack is described as AI/ML systems for superannuation fund operations, with domain specialization in investment analysis and an ease-of-use orientation in member-facing tools. No proprietary model names, training data assets, or benchmark results were disclosed.

The business model is that of a mutual industry fund: revenue derives from management fees on member balances rather than from product sales or transaction pricing, with no publicly disclosed pricing schedule. Go-to-market is primarily through employer default superannuation arrangements and member acquisition across Australia. The provided source material frames the fund's AI adoption as part of a broader trend, with JP Morgan research indicating 90% of surveyed asset managers planned to incorporate AI into investment processes.

Name

Statewide Super

Website

https://statewide.com.au

Company type

Private

Founded year

1986

Headcount range

101–250 employees

Short description

Statewide Super is an Adelaide-based Australian profit-for-members industry superannuation fund, founded in 1986, offering employee benefit funds and insurance services, and deploying AI/ML for investment analysis and member services.

Ownership category

akta.pro rank

Product category

Superannuation Fund (Retirement Savings)

NAICS

Pension Funds (52511)

akta.pro primary industry

Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)

akta.pro secondary industry

Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK)

Keywords

• Superannuation fund
• Retirement savings
• Industry super fund
• Member insurance
• Pension products

Headquarters

HQ city

Adelaide

HQ country

Australia

HQ region

Oceania

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Core offering

Statewide Super is a profit-for-members Australian industry superannuation fund that offers employee benefit funds (superannuation/retirement savings products) and insurance services to its members. The fund manages retirement savings for Australian workers, with products targeted at the Australian superannuation system, and is headquartered in Adelaide. The fund also deploys AI-powered member service tools and machine learning capabilities for investment analysis and fraud detection.

Differentiator

Problem solved

Functional benefit

Products and services

• Superannuation fund (employee benefit / retirement savings) A profit-for-members Australian industry superannuation product offered to individual Australian workers to accumulate retirement savings, with employer contributions and member-paid voluntary contributions credited to member accounts. The fund operates on a mutual basis where surpluses are returned to members rather than distributed to external shareholders.
• Member insurance services Insurance cover (such as death, total and permanent disability, and income protection benefits) bundled with the superannuation fund and offered to members to protect them and their dependants.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Recent moves2 records

Expansion highlights1 record

Direct peers

• AustralianSuper: Australia's largest profit-for-members industry super fund, offering accumulation, pension, and insurance products to a broad member base. Directly comparable to Statewide Super as a like-for-like industry super fund competing for the same default-employer mandates and member segments, though at materially larger scale.
• Aware Super: Major Australian profit-for-members industry super fund formed via merger of First State Super and VicSuper. Directly comparable to Statewide Super across product set (super, pension, advice, insurance), target employer base, and member-aligned governance model, with a comparable geographic footprint covering multiple states.
• Hostplus: Profit-for-members industry super fund with strong concentration in hospitality, tourism, sport and recreation industries. Directly comparable to Statewide Super in structure (industry fund, member-aligned), product offering (accumulation, pension, insurance, advice), and competitive positioning for default-employer mandates.
• Cbus Super: Industry super fund for the building, construction and allied industries, structured as a profit-for-members fund. Directly comparable to Statewide Super in governance model and product breadth, serving a defined industry-employer base with accumulation, pension, and insurance offerings.
• Rest Super: Industry super fund for the retail, fast food, and broader commercial sectors, profit-for-members structure. Comparable to Statewide Super as an industry-aligned super fund competing for similar employer mandates, with overlapping product set spanning accumulation, pension, advice, and group insurance.
• HESTA Super: Industry super fund for Australia's health and community services workforce. Directly comparable to Statewide Super in profit-for-members industry fund structure, member-aligned governance, and integrated product offering of super, pension, insurance, and financial advice.
• NGS Super: Industry super fund serving non-government schools and related education sectors in Australia. Comparable to Statewide Super in fund type, member-aligned structure, and mid-sized positioning within the industry fund landscape, with similar product breadth.

Others

• Mercer Super (Australia):

Broad incumbents

• AMP Superannuation: One of Australia's largest retail superannuation providers, offering accumulation, pension, and retirement products through a broad financial services platform. Comparable to Statewide Super across super product lines and target retail member segments, though AMP operates as a listed retail provider rather than a profit-for-members industry fund.
• BT Super (Westpac Group): Retail superannuation business owned by Westpac, providing accumulation, pension, and retirement products to corporate and individual members. Comparable to Statewide Super in product offering and employer-sponsored distribution, though positioned as part of a broader banking and wealth group rather than as a specialist industry fund.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key highlights5 records

Customer concentration

• Xx.com/statewidesuper

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Statewide Super