Transition Level Investments
Venture capitalFortitude Valley Β· Pre-SeedβSeries A Β· 2 people tracked
Investment thesis
Transition Level focuses on early stage technical startups, investing from angel through to Seed rounds. The firm helps build companies from the ground up and aims to support Australia's next generation of startup successes. It also operates as a network connecting sophisticated, investment-ready backers with quality-screened, VC-grade deals, creating opportunities for startups to reach top investors and scale their businesses. The firm distributes occasional updates on deals, news, and events to its network.
Source: firm website, verified Aug 3, 2026.
Team Β· 2 people
from the firm's website
What they invest in
from 22 of 33 portfolio companiesAI & Machine Learning Γ8SaaS Γ7Enterprise Software Γ5EdTech Γ4Consumer Γ3Data & Infrastructure Γ3Future of Work Γ3Creator Economy Γ2
HQs:AustraliaΓ4United StatesΓ4ColombiaΓ1
Investments Β· 33 tracked
founders shown can be your intro pathBy year:2021 Β· 12019 Β· 12 dated
Arkose Labs provides fraud and bot protection for enterprises including banks, gaming platforms, fintechs, and marketplaces.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaSSan Francisco, US
Kevin Gosschalk(CEO)inMark Resnick(Executive Officer)
BoardNagraj Kashyap(Director)James Wu(Director)inDafina Toncheva(Director)inJeremiah Grossman(Director)
Co-investorsAspenwoodBallistic VenturesM12 (Microsoft's Venture Fund)SoftBank Vision FundUS Venture PartnersPayPal Ventures+2 more
Atomo Diagnostics develops proprietary rapid diagnostic test platforms and devices designed for point-of-care and self-testing applications.
Deep TechHealthtechMedical Devices
Co-investorsSydney Angels
CafeX provides an AI platform that integrates and orchestrates data across legacy, cloud, and custom systems to create a unified, governed operational view for regulated enterprises.
AI & Machine LearningData & InfrastructureEnterprise Software
Co-investorsIlluminate Ventures
Peer-to-peer car sharing platform launched 2012; joined TLI in 2015 after Shark Tank.
Co-investorsInvestible Climate Tech Fund
Chipper Cash provides a mobile platform that enables Africans to send money internationally to bank and mobile money accounts across 21+ African countries, plus payment cards and fractional stock investing.
Fintech
Ham Serunjogi(Founder & CEO)in
Co-investors137 VenturesBetter Tomorrow VenturesDebut CapitalDeciensEthos VCFlucas Ventures+10 more
Clipchamp is a web-based video editing platform that lets users create videos in the browser with recording tools, templates, and AI editing features, serving creators, educators, and businesses.
AI & Machine LearningCreator EconomyMedia & EntertainmentBrisbane, AU
Co-investorsTen13Tola Capital
Travel platform, formerly TrekTraka; joined TLI in 2012.
Software calculating individualised patient medication dosages using patient data; joined TLI in 2015.
FloodMapp develops operational flood forecasting and real-time inundation mapping technology using machine learning to provide early warning and situational awareness for communities and infrastructure.
AI & Machine LearningClimate TechData & InfrastructureDeep TechGovTech
Juliette Murphy
Co-investorsH2 VenturesMundi VenturesUnion Square Ventures (USV)
Rubric is a platform for managing university student clubs and societies, helping club leaders handle administration, member engagement, merchandise sales, and event organization.
Creator EconomySaaS
Co-investorsSydney Angels
Sydney-based ride-hailing/taxi booking platform founded 2011; joined TLI in 2012.
Co-investorsClinton Capital Partners
Go1 is an online learning platform that aggregates training content from over 250 providers into a single subscription for learning and development leaders.
EdTechEnterprise SoftwareHR TechSaaSSan Francisco, US
Andrew Barnes(Founder/CEO)inChris Eigeland(Founder and CEO)inVu Tran(Founder)Chris Hood(Founder/CTO)in
Co-investorsAfterWork VenturesAirTree VenturesBlack Sheep CapitalFull Circle Venture CapitalFundersClubM12 (Microsoft's Venture Fund)+10 more
An educational platform and content hub serving importers, exporters, and entrepreneurs with guides, tools, and weekly insights on supply chain, shipping, and international trade.
EdTechSaaS
Co-investorsMaersk Growth
Forage provides free, self-paced job simulations designed by leading employers to help students build real-world skills and prepare for career transitions.
EdTechFuture of WorkHR Tech
Constructs indoor skydiving facilities simulating free-fall; joined TLI in 2013.
Kapiche is a customer intelligence platform that uses AI to analyze customer conversations across support, surveys, reviews, and social channels, turning unstructured feedback into structured insights like reason for contact and satisfaction.
AI & Machine LearningEnterprise SoftwareSaaS
Co-investorsFlying Fox VenturesMoxxie VenturesSydney AngelsMain Sequence Ventures
Uses deep learning and medical imaging for faster, more accurate prostate cancer diagnosis; joined TLI in 2016 (formerly Maxwell MRI).
Notiv is a meeting collaboration application that records, transcribes, and summarizes meetings in real time, automatically generating action items and tasks.
AI & Machine LearningFuture of WorkSaaS
Co-investorsBlack Nova VCBlack Sheep Capital
OrionVM operates a wholesale, white-label cloud infrastructure (IaaS) platform offering virtual compute, storage, networking, GPU-as-a-Service, bare metal, backup, and S3-compatible object storage.
AI & Machine LearningCloud ComputingData & Infrastructure
OtherLevels uses generative AI and machine learning to turn text-based content into personalised one-to-one video and rich media experiences for customer acquisition and engagement.
AI & Machine LearningGamingMarketing Tech
Picap is a ride-hailing app offering motorcycle rides with a driver, VIP motorcycles, cars, taxis, and corporate mobility services.
ConsumerMarketplacesMobility & Transportation
Daniel R.(Founder)in
Co-investorsStartupsVU Venture PartnersMiami AngelsSignia Venture Partners
Provides intelligence and analysis solutions for law enforcement, government agencies and enterprise; founded 2004.
Rescue Swag sells Australian-designed first aid kits built to be durable, water resistant and dustproof for personal, outdoor, and workplace use, along with related refills and RFDS merchandise.
Direct to ConsumerE-commerceHealthtech
SOFI produces ready-to-drink Italian-style aperitivo and spritz beverages, including blood orange, white peach, and Amalfi lemon flavors sold in bottles and cans.
ConsumerDirect to ConsumerFoodTech
A co-living housing operator that provided shared residential spaces; the company was acquired by Common in 2021.
PropTechSan Francisco, US
Jon Dishotsky(Founder/CEO)inJosh Lehman(Founder/CTO)inMo Sakrani(Founder/CPO)Jesse Suarez(Founder/COO)in
Co-investorsBullpen CapitalY CombinatorMaveronNew Enterprise Associates (NEA)Norwest Venture Partners
STEEZY is an online dance learning platform offering step-by-step classes across styles and skill levels, taught by choreographers and instructors.
ConsumerEdTechMedia & Entertainment
Co-investorsAglae VenturesAllied Venture Partners
Consumer beverage brand; joined TLI in 2015 after appearing on Shark Tank.
Illuminated tongue depressor for clear examination of the mouth and throat; joined TLI in 2015.
Trade Hounds runs a mobile app and social network for tradespeople across the United States, where members compare pay, locate nearby supply houses, showcase their work, and connect with other workers on job sites.
Construction TechFuture of WorkSocialBoston, US
David Broomhead(Executive Officer, Director)Peter Maglathlin(Executive Officer, Director)
BoardDavid Goldberg(Director)in
Co-investorsSuffolk TechnologiesAlpaca VCHyperplane Venture Capital
TravelShoot is an online booking service that connects travelers with local photographers at their destination, matching customers to a photographer based on their brief and chosen itinerary.
MarketplacesTravel & Hospitality
Exits Β· 1
IPOs and acquisitions across the tracked portfolioCohort Goacq. by Flywire
Portfolio news
latest coverage across their companiesArkose Labs Β· fintech.global Β· Mar 13, 2026
Frequently asked questions
- How many investments has Transition Level Investments made?
- Transition Level Investments has 33 tracked investments, 2 of which have exited via acquisition or IPO.
- 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 β $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.
- Who does Transition Level Investments co-invest with?
- Transition Level Investments most often shares deals with Sydney Angels, Ten13, M12 (Microsoft's Venture Fund), among 47 tracked co-investors.
Media Β· Podcasts & interviews
featuring the teamTake 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
Steve Baxter Β· facebook.com
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
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