Reinventure’s 2016 in Review

When the days and weeks pass so quickly (hello February 2017!) it’s sometimes hard to carve out the time to look at the sum total of a year’s achievements and progress, and set new benchmarks for the year to come. We were inspired by the openness and transparency of our friends at Blackbird VC when they published their ‘2016 by the numbers’ (h/t Samantha Wong & Joel Connolly), and in the spirit of increasing visibility into the world of VC have decided to follow suit.

For Reinventure, 2016 brought all sorts of new milestones, including the closing of our second $50M Fund with our partner Westpac, and the doubling of our team from four to eight. We doubled down on our efforts to strengthen our portfolio community, as well actively contributing to building the local fintech and startup ecosystem. We welcomed three more female founders to our venture family (up from a grand total of 1!) and hope to more than double this in 2017. Even more importantly, our 13-strong portfolio of ventures went from strength to strength, and we proudly stand alongside what we think are some of the most exciting companies in the country right now.

The below infographic captures some of the metrics we are most proud of, and benchmarks we will be measuring ourselves against for the year to come.

We’d love to hear your thoughts or questions about how we invest, where we are focusing for 2017 and what you hope to see for the fintech community in Australia this year as we continue this journey together. It’s been a cracking start so far.