Inhouse Ventures (IHV), who offer a unique matching technology that automates the fundraising process by allowing founders to match with investors and venture capital firms as means to access funding faster, are eyeing global expansion following their latest funding round with the likes of Scalare Partners and venture studio Shadowboxer providing support.
According to IHV partner Elliot Spiegel, the platform was conceived upon the realisation that the start-up funding ecosystem was highly fragmented and difficult to conquer. To combat this issue, he worked on developing a matching technology based on unique investor data where founders can upload a video listing to receive match requests and investor meetings instantly, much like a modern dating profile.
“Like dating, raising capital is tough, we met many founders who were exhausted from pounding the pavement and getting nowhere,” Spiegel said. “Our platform helps take the friction out of funding and gives them the tools they need to succeed.”
The company sought to help founders facing funding challenges by adding not just traditional venture capital investors, but also family offices and angel investors to the online community. Since launching 18 months ago, they’ve successfully helped broker more than 2000+ matches between investors, founders and thought leaders with a mission to help more than 1500 founders successfully raise and go to market by 2025.
Counting a community of more than 5500 founders, investors, VCs and family offices, IHV also matches members with ecosystem players across marketing, finance, PR and legal, allowing them to navigate the complicated start-up ecosystem and access the capital they need to succeed.
“Australia boasts a rich ecosystem of founders, venture capitalists and thought leaders but the challenge has always been in connecting founders with the right people to succeed,” Scalare Partners co-founder, James Walker, said. “With interest rates climbing and capital markets feeling the pinch, the traditional route to funding success is narrower, but we saw the potential in streamlining the process with Inhouse Ventures to support the next generation of startups and safeguard our ecosystem for the next decade.”
Melbourne-based venture studio, Shadowboxer also added that it is supporting “big ideas and giving them everything we’ve got; our time, money, talent and craft”. Founder Konrad Spilva said the group’s natural synergy with IHV allowed them to be uniquely positioned to support the build and scale of a runway of founders looking to attract funding and grow their business.
