Crowdfunding, also known as crowd-sourced funding (CSF), has shown robust growth in Australia since its inception, especially during the pandemic, with approximately $250 million raised over five years.
It is estimated that the top four Australian crowdfunding platforms have around 250,000 registered users, or less than 1% of the population. In contrast, around seven million Australians, or 28% of the total population, own listed shares directly. The crowdfunding industry is maturing, and there is a significant untapped opportunity in the market.
Australian CSF intermediaries do not typically provide venture capital or lead investment, which may undermine not only the success of the capital raising, but the eventual success of the companies, as demonstrated by very few successful exits to date.
Stride Lead has been set up to bridge this gap. The fund will provide cornerstone investment with the aim of increasing the success rate of capital raising campaigns on the Stride Equity crowdfunding platform. Stride Lead also increases the chances of business success by funding only those companies that meet the stringent investment criteria put together by the fund’s highly experienced team.
Stride Leads is managed by investment professionals with decades of investment experience in some of Australia’s best known high growth companies such as Airtasker, Medipay, Vocus and Resonance Health. As an industry-agnostic fund, Stride Lead will invest in companies that have outstanding founders, have differentiated products and services and demonstrate early traction in the market, preferably with global commercial potential.
The aim of the fund is to build and support a high conviction growth portfolio of emerging companies at various stages of the development cycle, that offer exits and returns to investors within a reasonable timeframe. Stride Lead has the experience, a team with a track record of investment success and focus to find and support emerging companies and achieve your investment aspirations.
If you are a sophisticated or professional investor looking for taking advantage of the opportunity in the Australian crowdfunding market register today and get notified once the fund opens for investment.