Independent venture capital meets corporate partnership.
We invest for the long term, and we put our ventures first.
Once we invest, our job is to unlock maximum synergy value between our ventures and our largest investor, Westpac.
We back ventures that:
Danny Gilligan is a Co-Founder and Managing Director Reinventure Group. Danny has worked on both sides of the table as an entrepreneur and corporate venture capital executive. Danny was Co-Founder of Gizmo Corporation a BRW Fast 50 company 2 years running and a Co-Founder of Data Republic a venture working in the emerging space of big data. He has also worked within large companies in various strategic, commercial and venture capacities dealing with the effects of digital disruption.
Most recently he was Director of Digital Ventures at APN News & Media and prior to that worked in telecommunications as CFO of the Australian Consumer division of AAPT and as part of the Group Strategy and M&A function of Telecom NZ. Danny commenced his career as a Chartered Accountant at KPMG before moving into Corporate Finance.
Danny on Twitter Danny on LinkedIn
Simon Cant is a Co-Founder and Managing Director Reinventure Group. Simon has spent his career working on innovation, both through venture and corporate innovation.
As an innovation specialist at CANTT Associates and before that ?WhatIf! Innovation, with a focus on disruptive innovation, he advised clients such Tennis Australia, UBS, NAB, Suncorp, AMP, Fairfax, News Limited and APN News & Media and Transport for NSW. Prior to that he worked with entrepreneurs, in both commercial startups, at TiNSHED Angel Group and social ventures at Social Ventures Australia.
Simon began his career as a solicitor with Allens before joining ninemsn as a founding team member and business manager for the finance and investment sites.
Simon on Twitter Simon on LinkedIn
Reinventure makes investments from seed through to Series A and up. For the right entrepreneur and the right idea, Reinventure is prepared to invest right at the company formation stage.
Rather than look for ventures that complement a corporate strategy, we flip that approach on its head. Instead, we look for ventures that can be assisted by our largest investor, Westpac through knowledge sharing. In return, Westpac will gain deep insight into leading edge technologies, business models and great entrepreneurs.
By marrying great entrepreneurs with a great partnership opportunity, we believe we can help ventures to scale more rapidly than they could do on their own. Accordingly, we are looking to back a select group of ventures that fit the following criteria.
Whilst we are focussed on disruptive opportunities more broadly, we are particularly interested in ventures that have strong network effects.
Given that our largest investor is Westpac, we are well positioned to back ventures operating in the financial services technology space. However, we are also interested in adjacent markets where access to a strategic relationship with the Westpac Group may provide a competitive advantage.
Given how important good entrepreneurs are to the way we view opportunity, we are always interested to meet and collaborate with experienced entrepreneurs with a solid track record looking for their next opportunity.
The best way to connect with us is via referrals. We place particular weight on referrals from other entrepreneurs.
Otherwise, you can email us at email@example.com.
Westpac is the largest investor in the Reinventure Fund. The fund is operated independently by the managers, Danny Gilligan and Simon Cant, who are also co-investors in the fund. This allows us to fully focus on helping our portfolio companies succeed and, with $50M in committed funds, we have the resources to continue investing and stay engaged with companies as they grow.
Once we invest, our job is to add value to our ventures in the best way we can, including bringing to bear our operational experience and networks and unlocking maximum synergy value between the ventures and our largest investor, Westpac. Westpac is keen to understand emerging trends, acquire know-how from great entrepreneurs and co-create in areas that can benefit from the complementary skill-sets both parties bring.
SocietyOne is Australia’s first fully compliant peer-to-peer online platform connecting borrowers and investors in a secure, safe, professional online environment.
For borrowers SocietyOne offers the most competitive rates in market and a streamlined application process.
For investors, SocietyOne is innovating in fixed interest products by identifying and targeting niche segments of mispriced risk, such as unsecured personal lending, livestock lending and medical practices, and offering investors the ability to invest in fractional loan interests, allowing them to diversify both within and across asset classes.
For global P2P companies and Australian and global lenders, SocietyOne offers a next generation banking platform in ClearMatch™ a low cost, end-to-end, scalable, cloud hosted banking platform that is being adopted by finance companies in Australia and overseas.
SocietyOne is led by a proven entrepreneurs. CEO Matt Symons founded and sold two successful startups, Memetrics, sold to Accenture, and Quotify, sold to Sensis. CTO Greg Symons has built and exited software and finance companies.