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
In 2018, Playground was third in the Deloitte Fast 50 Australia Rising Star businesses and named B&T‘s Marketing Technology Company of the Year. Playground has offices in Sydney, Melbourne, London, LA and New York.
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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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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.