
Carthona Capital
Description
Carthona Capital is a Sydney, Australia-based venture capital firm established in 2014, specializing in early-stage technology investments. The firm positions itself as a hands-on, proactive, and thematic investor, seeking to partner with companies that are building the future. While headquartered in Australia, Carthona Capital maintains a global investment mandate, actively deploying capital into promising technology ventures worldwide. Their strategic approach emphasizes deep engagement with portfolio companies, aiming to provide more than just capital, fostering growth through active participation and strategic guidance.
The firm primarily focuses on Seed to Series B rounds, demonstrating a commitment to supporting companies through critical early growth phases. Carthona Capital's typical initial cheque size ranges from US$1 million to US$5 million, indicating their preference for significant early-stage commitments that can fuel substantial development. This range allows them to be a lead or co-lead investor in many of their deals, providing meaningful support to their portfolio companies as they scale. Their thematic investment strategy guides their search for disruptive technologies and innovative business models across various sectors, ensuring alignment with long-term market trends.
Carthona Capital is currently investing out of its fourth fund, Fund IV, which successfully closed at US$100 million. This substantial fund size underscores their capacity to make follow-on investments and support their most promising portfolio companies through subsequent funding rounds. The firm's global outlook, combined with its robust capital base and hands-on operational support, positions Carthona Capital as a notable player in the early-stage venture ecosystem, particularly for founders seeking engaged partners who can contribute beyond financial capital.
Investor Profile
Carthona Capital has backed more than 62 startups, with 10 new investments in the last 12 months alone. The firm has led 17 rounds, about 27% of its total and boasts 15 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series B, Series A rounds (top funding stages).
- Majority of deals are located in United States, Australia, Switzerland.
- Strong thematic focus on Software, Financial Services, FinTech.
- Led 5 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Seed (44%)
- Series B (16%)
- Series A (16%)
- Pre Seed (10%)
- Series Unknown (6%)
- Series C (5%)
- Post Ipo Equity (2%)
- Undisclosed (2%)
Country Focus
- United States (56%)
- Australia (32%)
- Switzerland (5%)
- United Kingdom (5%)
- Latvia (2%)
Industry Focus
- Software
- Financial Services
- Fintech
- Finance
- Marketplace
- Machine Learning
- Information Technology
- Artificial Intelligence (Ai)
- Autonomous Vehicles
- Big Data
Frequently Asked Questions
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