Do you have questions? Take a look at some of the most frequently asked questions we have from Investors. If you have a question not covered here, please get in touch.
What kind of entities can invest?
Investors need to be wholesale/sophisticated, planners or family office investors in Australia. To qualify, you need to have net assets of at least $2.5 million or your gross income for each of the last 2 financial years is at least $250,000.
When is your next raise?
We are currently raising for our Expansion Capital Fund. Find out more about it here.
What other Investor benefits are there?
Sprint provides regular community events and forums to assist in investment education plus our unique closed network events designed solely for our investors to interact with our portfolio companies and other highly skilled partners.
How do you source investment opportunities?
Sprint’s management team has access to an extensive network of entrepreneurs and venture capital communities. Annually, the Sprint team reviews approximately 700-800 potential investment opportunities.
How much time does sprint spend with a company before investing?
Investments are usually considered over a period of 3+ months. During this time the Sprint team will regularly meet with the founders and assess the business case at a granular level. Investments must be unanimously approved by the investment committee to proceed.
What do you look for in startups?
Sprint is founders first, and this is core to our investment philosophy. Sprint’s portfolio companies are led by teams with a commitment to their vision, and the drive to make change happen.
Can investors contribute to the investment review process?
Unfortunately not. The Sprint investment committee makes independent investment decisions. Sprint’s investment committee has a diverse range of independent sector experts to aid with decision making when required.
What is the Sprint Investor Group?
The Sprint Investor Group is the community of investors who have invested into Sprint’s funds to date. It is composed of high net worth individuals, mums and dads, and family offices.
What opportunities are available to the Sprint Investor Group?
The Sprint Investor Group regularly meets with the portfolio companies’ founders through events hosted by Sprint. This provides both parties with an opportunity to exchange ideas and learn from each other.
Can I join the Sprint Investor Group without making an investment?
Unfortunately not. The Sprint Investor Group is only open to wholesale/sophisticated investors of Sprint funds.
What else do I need to know about Investing?
Investing in early stage and later stage startups is risky and you need to go into every investment having assessed all the risks after conducting thorough and detailed due diligence.
Not every investment produces a return and that’s why we insist our investors become skilled up in the detailed methods and techniques of investing in early stage startups.
We suggest you seek external investment, legal and financial/tax advice for any investment being considered.