Shearwater Capital invests in founders who are passionate about building generationally great companies. We invest in people, not ideas.
We focus on B2B SaaS
...but we’re infinitely inquisitive
Our experience lends itself to founders of technology start-ups who are building growing businesses and value our capital and experience. We look for growth equity positions, where we’re all on the same side of the table. Because we've been there before, we’re interested in founder-friendly terms and simple capital tables with aligned, participating shareholders.
We don’t have limited partners (i.e. external funding sources), so we don’t have a fund horizon. This lets us play the long-game for the truly outstanding companies. Our view is that it's your company and we'll do what we can to help you succeed.
Fundamentally, what matters to us is that we back high integrity founders to build world-class businesses.
Our Investment Focus
This is what we value and look for in our investments. But we’re infinitely inquisitive (that is, we break rules!).
So if your business doesn’t necessarily tick all these boxes and you are raising venture / growth capital or might in the future, please drop us a line (no, it doesn’t need to be a warm intro!)
Great people
Passionate entrepreneurs that we like and want to work with.
Complex domains
Companies that are solving significant problems.
Business software
Software that has the capacity to be a mission critical over time.
Recurring revenue
Business models which are – or look like – recurring revenue.
Growing markets
Markets that are rapidly growing (though we often find the best SaaS businesses start with small TAMs).
Founders we can help
Companies and founders who have a deep ability to scale and learn and where we understand their domains.
Our portfolio companies
View the full Shearwater portfolio
Playground XYZ is on a mission to master the art and science of maximising consumer attention. Playground has built the world’s first technology stack that integrates visual attention measurement, analytics and media optimisation called the Attention Intelligence Platform. It powers a suite of leading ad products that maximise Attention Time for brands.
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The worlds most powerful small wind turbine. A more sustainable alternative to diesel and a more powerful solution than our competitors. Sold on an Energy as a Service basis.
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Earlytrade is a platform that enables corporates, and their suppliers to collaborate transparently to negotiate invoice terms in return for early payment.
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Sitemate’s flexible software platform Dashpivot enables companies in the industries to digitise and streamline how they capture, organise and track work – making them smarter and more productive in the office and on site, every day.
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LivePreso is a game-changing platform transforming enterprise sales by automating its most time-consuming activity – creating customised presentations.
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Fuel50’s AI Marketplace smart-matches company's people to learning, vacancies, gigs, projects and career journeys. They allow large organisations to harness next-gen workforce data, power internal talent mobility, drive workforce agility, and future-proof their organization.
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Amber Electric pass through the real-time wholesale price of energy for $15 a month, so consumers can use power when cheap renewables are generating. No lock-in contracts and no exit fees.
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Lyka is Australia's freshest dog food, delivered. Healthy, cooked meals for puppers living their best life. Lyka offers custom subscription plans of nutritious, freshly cooked dog food, delivered to consumers' front door.
GPN Vaccines is a biotechnology company developing a vaccine against Streptococcus pneumoniae (the pneumococcus) – the world’s foremost bacterial pathogen. S. pneumoniae is responsible for causing life-threatening pneumonia, bacteraemia and meningitis. Each year it causes 1-2 million deaths worldwide, killing more children than AIDS, malaria and tuberculosis combined.
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Meet the Shearwater team
We have three founders as partners. We’ve all sat on your side of the table and built our own businesses. With Shearwater, we’re investing our own capital and experience to help you build a generationally great business.