You see the category.We help you own it.
AI has hit a tipping point. Companies no longer just support the work, they do the work. The founders who see that clearly, and are building for it, are the ones we back.
Markets with tailwinds
Your chosen market is ripe for disruption. Companies are beginning to execute work that was previously done by people, uncovering a clear problem and a compelling value-creation opportunity.
Game-changing products
Your product is designed for the era of intelligence, and exploits this technology to produce game-changing outcomes for your customer. Nothing is incremental, everything is reimagined. Customers don’t just love it, they can’t do the work without it.
Founders that hustle
You're a determined, insightful founder with the energy to scale and the grit to persevere. You know the value of having the right team with you, you can attract top talent, and you're already building with what exists today rather than waiting for permission.
Compelling business model
The value proposition of your product is clear and demonstrable. You know how to draw new customers at a low cost, and your pricing is tied to the outcomes you create rather than the seats you fill.
Global appeal
The problem you are solving is universal and your solution applies everywhere. You're not building for one market, you're building for the world, and global isn't the plan for later, it's the assumption from day one.
Markets with tailwinds
Your chosen market is ripe for disruption. Companies are beginning to execute work that was previously done by people, uncovering a clear problem and a compelling value-creation opportunity.
Game-changing products
Your product is designed for the era of intelligence, and exploits this technology to produce game-changing outcomes for your customer. Nothing is incremental, everything is reimagined. Customers don’t just love it, they can’t do the work without it.
Founders that hustle
You're a determined, insightful founder with the energy to scale and the grit to persevere. You know the value of having the right team with you, you can attract top talent, and you're already building with what exists today rather than waiting for permission.
Compelling business model
The value proposition of your product is clear and demonstrable. You know how to draw new customers at a low cost, and your pricing is tied to the outcomes you create rather than the seats you fill.
Global appeal
The problem you are solving is universal and your solution applies everywhere. You're not building for one market, you're building for the world, and global isn't the plan for later, it's the assumption from day one.
pitch us
Let's explore the next wave together
If you're rethinking how work gets done with AI at the core, we'd like to talk.
Questions founders ask
Never. We've backed founders before they incorporated, and we've started conversations a year or two before a round. If you're exploring a problem and want a sounding board, get in touch.
We see every inbound pitch, and some of our best investments started as cold emails. The contact form is the fastest way in.
A short note on what you're building and why. A deck helps but isn't required. If you don't have a deck, tell us the problem you're solving, your approach, and a bit about you and your team.
We write the first institutional cheque on your cap table: pre-seed and seed. We invest when you can show two things: you can build elite technology, and customers will pay for it. Revenue helps but isn't required.
Our first cheque is typically between $500k and $1.5m at pre-seed, and up to $5m at seed, depending on where you are. Most seed investments land around $2.5m. With Fund IV we've also built in more capacity to follow on into Series A, so we can keep backing companies as they scale.
We're a global investor headquartered in Sydney with a presence across Australia and the US. Most of our cheques go into companies headquartered in the US or Australia, and we invest across both markets actively.
We back founders building the next generation of systems of work. AI-native companies rebuilding how industries operate, not just how individuals do their jobs. We focus on B2B and B2B2C, and we're sector-agnostic within that.
Revenue helps but isn't required. When it's not there yet, we look at founder-market fit: how well you understand the problem, and whether you're the right person to build the company.
Real domain expertise and a personal connection to the problem. The ability to attract exceptional people and capital. Strong commercial instincts. The self-awareness to change direction when the business needs you to. Solo founders are fine. You don't need a co-founder, but you do need to have thought clearly about the capabilities the business needs and how you'll build the team around you.
Yes, we lead most pre-seed and seed rounds we invest in. Leading means we've done the work, we've taken a view on price, and we're willing to be the first name on the term sheet rather than waiting for someone else to commit. At later stages we'll follow when there's a lead we respect and the terms are right.
Yes, and often. We've co-invested alongside US funds including Bessemer Venture Partners, Tiger Global, Touring Capital, and Eniac Ventures, and Australian funds including Airtree, Blackbird, and Five V Capital.
We meet founders early, often a year or two before they raise. By the time you open a round, we already know you, the problem, and the company you're building. The partner leading the deal builds conviction, brings it to the rest of the team, and then argues it from both sides in front of our investment committee. We move quickly once we decide. We run it this way because we want you backed by the whole firm, not just the person who took the first call.
We read every inbound and respond if there's a fit. If you don't hear back, it means we're not the right investor for what you're building right now. If there is a fit, you'll have a first conversation with our investment team. From there we go deep: customer calls, technical diligence, and time with the team. If we pass after that, we'll tell you why.
We're a thesis-led fund focused on pre-seed and seed. We're not a big multi-stage fund writing small early cheques to keep our options open. We lead the round, and we stay focused on getting you to where you want to go. Tidal founders are 6x more likely to raise a Series A. We help Australian founders expand into the US and Europe, and US founders expand globally. Before you sign our term sheet, you talk to our existing founders about what working with us is actually like.
We get involved where we can be useful. In practice that's helped our founders with milestone planning between rounds, capital raising, strategic decisions about the business model, sales and governance, and the day-to-day calls where you need someone in your corner. You also get access to our expert network, a group of founders and senior operators who invest in our funds and make themselves available to our portfolio companies for advice, hiring, and board roles.
Yes. We maintain active relationships with Series A and B funds in the US (including Silicon Valley and New York), the UK, and Europe, and we start making warm introductions well before you open your round. By the time you're raising, the funds you want in your round already know your name and your numbers. Tidal founders are 6x more likely to raise a Series A.