OneVentures Growth Credit

OneVentures Growth Credit is the venture debt financing arm of OneVentures, a prominent Australian venture capital firm established in 2010. Based in Sydney, OneVentures Growth Credit offers flexible debt funding solutions specifically designed for high-growth technology companies in Australia and New Zealand that are seeking to scale their operations with minimal equity dilution. This unique offering complements OneVentures' broader investment strategy, which also includes growth equity for transformative technology companies and venture equity for advancing healthcare and biotech firms.

The Growth Credit product was launched in 2019, building on the firm's extensive experience in venture capital and private equity. It provides facilities typically ranging from AUD $1 million to $20 million, though some fund-specific offerings can start from AUD $500,000. This non-dilutive financing is tailored to help companies extend their runway, fund key milestones, support strategic acquisitions, and manage working capital, effectively functioning like equity for growth but with a defined repayment schedule and interest payments.

OneVentures distinguishes itself through its comprehensive dual financing model, combining venture credit with traditional equity investments. The firm emphasizes a hands-on approach, providing strategic guidance, operational expertise, and access to an extensive network, much like a traditional venture capital partner. This commitment to active support, coupled with a focus on responsible investment and strong ESG credentials, ensures that they back companies that not only deliver financial returns but also provide positive societal impact.

Under the leadership of Founding and Managing Partner Dr Michelle Deaker, OneVentures has grown to manage over AU$1 billion in funds across multiple sectors and strategies since its inception. Key achievements include becoming a market leader in venture credit in Australia and achieving significant exits, such as Employment Hero, which delivered a remarkable 13.2x return on investment. The Growth Credit team also includes experienced professionals like Principal Justine Carzino, who works across both growth equity and credit, identifying investment opportunities and supporting portfolio companies.

OneVentures Growth Credit serves scaling businesses with strong recurring revenue, typically greater than $3-5 million, that have achieved product market fit. The firm targets a broad array of technology sectors, including SaaS, fintech, marketplaces, e-commerce, AI, and healthtech, and supports companies looking to invest in new innovation and expand their market reach globally. Their approach aims to provide a flexible and less dilutive capital source, enabling founders to retain greater control and ownership of their businesses while accelerating their growth trajectory.