Constant Innovation

Venture Capitalconstantinnovation.com.au

Constant Innovation LP is an Australian early-stage venture capital firm founded by the six original founders of carsales.com Ltd, providing equity capital and management expertise to high-growth technology businesses across verticals including insurance, fintech, marketplaces, and automotive ICT.

Company typePrivate
Founded2010
HeadquartersMount Waverley, Australia
Headcount1–10
GTM typeB2B
OfferingServices

What Constant Innovation does

Constant Innovation LP is an Australian early-stage venture capital firm registered as a limited partnership in Victoria (VIC L0000199P), headquartered at PO Box 152, Mount Waverley. The firm was established by the six original founders of carsales.com Ltd (ASX:CAR) following that company's public listing, and it invests equity capital alongside management expertise in high-growth technology businesses solving real problems. Its stated investment thesis targets online disrupters, scalable user bases needing commercialisation, recurring-revenue models, and niche opportunities where the founding partners have direct operating experience.

The firm's core competitive asset is operator pedigree. Investment committee members include the founder/former Chairman of carsales.com Ltd, its long-serving Managing Director and CEO (E&Y Australian Entrepreneur of the Year 2009, Southern Region and national), the current CEO of Pentana Solutions (a 530-employee, $14M+ R&D automotive ICT business serving 65%+ of the Australian automotive systems market across 128 countries), and partners with backgrounds spanning IT, finance, accounting, and capital markets. The active portfolio spans approximately ten companies across insurance (Eric Insurance), wealth (CAIS Group), wine retail (Cracka Wines), e-commerce repricing (Feedvisor), mobile autofill (Fillr), services marketplaces (Service Seeking), automotive ICT (Pentana Solutions), logistics (Temando), point-of-sale (Vend), and gaming (Wymac Gaming Solutions), with two disclosed exits (1Form to REA Group Ltd; 40% of Temando to a Neopost SA subsidiary).

Constant Innovation generates returns through equity investments and exits rather than recurring product revenue. The firm has 1-10 employees, does not publicly disclose AUM, fund size, or financial results, and conducts no visible technology development of its own. Deal sourcing is community-led, prioritising introductions from founders previously partnered with the firm, supplemented by a website application form and a Twitter presence. The firm operates exclusively within Australia with no stated international expansion.

Constant Innovation firmographics

Firmographics

Name: Constant Innovation
Legal name: Constant Innovation LP
Website: https://constantinnovation.com.au
Company type: Private
Founded year: 2010
Operating status: Operating
Headcount range: 1–10 employees
Short description: Constant Innovation LP is an Australian early-stage venture capital firm founded by the six original founders of carsales.com Ltd, providing equity capital and management expertise to high-growth technology businesses across verticals including insurance, fintech, marketplaces, and automotive ICT.
Ownership category
akta.pro rank

Constant Innovation industry classification

Industry

Product category: Venture Capital
NAICS: Miscellaneous Financial Investment Activities (523999), Miscellaneous Intermediation (52391)
SIC: Services-Management Consulting Services (8742)
akta.pro primary industry: Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

Venture capital funding
Early stage investments
Equity capital partner
Technology startup investing
Portfolio management services

Where Constant Innovation is headquartered

Location

Headquarters

HQ city: Mount Waverley
HQ country: Australia
HQ region: Oceania

Offices1 record

Markets served

Constant Innovation business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

Equity Investment Returns: Constant Innovation generates returns through equity investments in early-stage technology companies. The firm provides capital in exchange for equity stakes and earns returns upon successful exits through IPOs, acquisitions, or secondary sales.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Constant Innovation product offering

Product offering

Core offering

Constant Innovation is an Australian early-stage venture capital firm that provides equity capital and management expertise to entrepreneurs building high-growth technology businesses. The firm invests in online disrupters, rapidly scalable user platforms, recurring-revenue business models, and niche opportunities where its partners have direct experience, sourced primarily through trusted founder referrals and direct applications.

Product overview

Constant Innovation is an early stage venture capital firm, not a product company. It provides equity capital and management expertise to entrepreneurs building technology businesses. The firm does not offer its own distinct product, module, or service offering — its business model is investment and mentorship rather than product development or sale. The company manages a portfolio of investments including Eric Insurance, CAIS Group, Cracka Wines, Feedvisor, Fillr, Service Seeking, Pentana Solutions, Temando, Vend, and Wymac Gaming Solutions.

Differentiator

Problem solved

Functional benefit

Products and services

Early-Stage Equity Capital and Management Expertise Equity capital investment paired with hands-on operational mentorship for founders building early-stage, high-growth technology businesses with competitive advantage, recurring-revenue models, or rapidly scalable user bases.

Companies that use Constant Innovation

Customer profile

Named customers7 records

Segments1 record

Ideal customer profiles1 record

Constant Innovation technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Constant Innovation partnerships and signals

Strategic signal

Scale indicators7 records

Recent moves7 records

Expansion highlights4 records

Constant Innovation competitors and assessment

Company assessment

Direct peers

Carthona Capital: Australian early-stage VC backing tech-enabled businesses at seed and Series A. Directly comparable in fund size, deal stage, and focus on Australian entrepreneurs with operator support.
Main Sequence Ventures: Australia's largest deep-tech and early-stage venture fund, founded by CSIRO. Comparable as an Australian investor-operator style fund backing founders in technology and science-led categories, with significant operational support infrastructure.
Reinventure: Australian corporate-backed venture fund supporting early-stage fintech and digital economy companies. Comparable as a Sydney-based Australian VC investing in financial services and marketplace disruptors, similar to Constant Innovation's CAIS Group, Eric Insurance, and Service Seeking bets.
Blackbird Ventures: One of Australia's largest early-stage venture capital firms backing tech founders from seed stage. Directly comparable as an Australian VC investing in similar online disruptor and SaaS theses with a founder-friendly brand.
Square Peg Capital: Australian and Israeli early-to-growth stage technology VC. Comparable given its APAC focus, founder-led brand, and concentration in software, fintech, and digital marketplace opportunities similar to Constant Innovation's portfolio.
AirTree Ventures: Leading Australian venture capital firm investing across seed to growth in technology companies. Comparable as an early-stage Australian VC with a community-driven deal sourcing approach and a portfolio spanning consumer and enterprise software.
Skip Capital: Australian venture firm founded by Atlassian co-founders, investing in early-stage technology. Comparable as a founder-operated Australian VC with operating expertise and network-driven deal sourcing similar to Constant Innovation's model.
Tempus Partners: Australian boutique early-stage technology investor and advisory firm. Comparable in stage focus (seed/Series A) and Australian tech mandate, with a similar operator-led approach to portfolio support.

Broad incumbents

Y Combinator: The largest global startup accelerator and seed investor. Comparable as an investor-operator that combines equity capital with management expertise to accelerate early-stage tech businesses, although Y Combinator operates at vastly greater scale and global reach than Constant Innovation.

Regional players

Movac: New Zealand's largest dedicated venture capital fund focused on technology investments. Comparable as an APAC early-stage tech investor with operator support, but operating in a different (New Zealand) geography from Constant Innovation's Australia-only mandate.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Constant Innovation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Constant Innovation leadership team

Management profile

Number of profiles

Profiles7 records

Constant Innovation funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Constant Innovation M&A and investment

M&A and investment

M&A

Investments4 records

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

Frequently asked questions about Constant Innovation

What does Constant Innovation do?

Is Constant Innovation a public or private company?

Constant Innovation is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Constant Innovation founded?

Constant Innovation was founded in 2010. It employs 1 to 10 people.

Where is Constant Innovation based?

Constant Innovation is headquartered in Mount Waverley, Australia, in the Oceania region.

How does Constant Innovation make money?

One revenue line is on record: equity Investment Returns.

Who are Constant Innovation's main competitors?

Direct peers on record are Carthona Capital, Main Sequence Ventures, Reinventure, Blackbird Ventures, Square Peg Capital, AirTree Ventures, Skip Capital and Tempus Partners. Y Combinator is listed as a broad incumbent. Movac is listed as a regional player.

Does Constant Innovation have an API?

No public API is recorded for Constant Innovation.

What industry is Constant Innovation in?

Constant Innovation's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAM, Accelerators & Incubators (Investor-Operated). Its NAICS code is 523999 and its SIC code is 8742.