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Transition Level Investments

Venture capital

Fortitude Valley · Pre-Seed–Series A · 2 people tracked

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Investment thesis

Transition Level Investments backs and accelerates technology startups on a global basis. Since 2019 it has deployed more than $125 million to support founders, writing first cheques of $300k to $2m at pre-Seed, Seed, and later stages. The firm is built around operators, innovators and founders drawn from leading global companies.

Invests inDeep TechSector AgnosticAustraliaGlobalLatin America

Source: firm website, verified Aug 2, 2026.

Stage
Pre-Seed–Series A
Check
$300K – $2M
HQ
Fortitude Valley, AU
Instruments
Equity
Founded
2019
AUM
$125M
Tracked investments
20

Team · 2 people

from the firm's website
Steve Baxter· Founder & Investor

Former Army serviceman turned entrepreneur who founded SE Net (acquired by Ozemail/UUNet) and PIPE Networks (sold to TPG Group for $373M). Since 2010 he has invested in early-stage startups via Transition Level Investments, and co-founded TEN13 and Beaten Zone Venture Partners.

Stewart Glynn

Became a partner in Transition Level in 2018, championing the firm's strategy to strengthen Australia's early-stage investment ecosystem.

Investments · 20 tracked

founders shown can be your intro path
Arkose Labs

Fraud prevention platform that solves fraud problems for heavily targeted businesses with zero user friction.

Atomo Diagnostics

Develops and designs next-generation usable medical/diagnostic devices; joined TLI in 2012.

Car Next Door

Peer-to-peer car sharing platform launched 2012; joined TLI in 2015 after Shark Tank.

Clipchamp

Free online video editor, compressor, converter and webcam recorder.

Cohort Go

Platform improving access to international education by reducing costs; joined TLI in 2013.

CruiseTraka

Travel platform, formerly TrekTraka; joined TLI in 2012.

DoseMe

Software calculating individualised patient medication dosages using patient data; joined TLI in 2015.

Go1

Online learning gateway enabling organisations to manage learners and track their training progress; joined TLI in 2015.

GoCatch

Sydney-based ride-hailing/taxi booking platform founded 2011; joined TLI in 2012.

ISA Group

Constructs indoor skydiving facilities simulating free-fall; joined TLI in 2013.

Maxwell Plus

Uses deep learning and medical imaging for faster, more accurate prostate cancer diagnosis; joined TLI in 2016 (formerly Maxwell MRI).

OrionVM

Enterprise-grade cloud infrastructure using supercomputer-inspired design; joined TLI in 2012.

OtherLevels

Cloud-based platform delivering contextually relevant marketing messaging; joined TLI in 2012.

Picap

South American on-demand motorcycle ride platform originating in Colombia.

Point Duty

Provides intelligence and analysis solutions for law enforcement, government agencies and enterprise; founded 2004.

Rescue Swag

First aid kit supported by a free emergency guidance app; joined TLI in 2015 after Shark Tank.

SOFI Spritz

Australian aperitivo-inspired wine cocktail; joined TLI in 2015 after appearing on Shark Tank.

Those Girls

Consumer beverage brand; joined TLI in 2015 after appearing on Shark Tank.

Throat Scope

Illuminated tongue depressor for clear examination of the mouth and throat; joined TLI in 2015.

Travelshoot

Service connecting travellers with professional holiday photographers; joined TLI in 2016.

Frequently asked questions

What stage does Transition Level Investments invest at?
Transition Level Investments invests at the Pre-Seed, Seed, Series A stages.
What is Transition Level Investments's typical check size?
Transition Level Investments typically writes checks of $300K – $2M.
What sectors does Transition Level Investments focus on?
Transition Level Investments focuses on Deep Tech, Sector Agnostic.
Where is Transition Level Investments located?
Transition Level Investments is headquartered in Fortitude Valley, AU.

Media · Podcasts & interviews

featuring the team

Take a Tour with Steve Baxter - What happens after Shark Tank | Take a tour of Steve's office & HQ at Transition Level Investments - after Shark Tank all deals are destined for HQ where they undergo a due diligence... | By Steve Baxter | Facebook

Steve Baxter

TEN13 turns 5!

TEN13

TEN13 Spotlight Series - Steve Sacks

TEN13

TEN13 Spotlight Series - Gopi Sara

TEN13

Spotlight Series - Mick Dempsey

TEN13

TEN13 Spotlight Series - Don Nguyen

TEN13

Images

Transition Level Investments photoTransition Level Investments photoTransition Level Investments photoTransition Level Investments photo

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