Startup led by a first time founding team consisting of long time friends who decided to start a technology business together. Whilst they were each high performers in their respective areas of expertise, none of them had run a business themselves before.
This company included a founding team of young Australia and going into the first technology scale up venture. They had been involved in several incubators and accelerators with great results, and now were establishing their foundations as a company.
Niche expert with years of experience in the construction field. He was a well sought after consultant to large, tier 1 construction companies. He also had experience creating his own application and launching it on the App Store.
The second venture of a serial entrepreneur who had raised $1.4m through a corporate venture fund and sold the company to them several years later. He was creating another solution in the field and saw there was still major opportunity.
A founder with decades of experience, both as a serial entrepreneur and as an early-stage investor in technology business across many verticals. He had a clearly identified market opportunity and had the capital and team ready.