VC
TEN13
Ten13 have been an exceptional partner to Glider.
What Founders Think of TEN13 (2)
Amazing thought partner. Constantly going out of his way to make introductions, help me out and troubleshoot things in the business
Ten13 have been an exceptional partner to Glider. Having backed us across multiple rounds, their continued conviction has meant a great deal to our team and broader investor base. Beyond capital, theyβve provided hands-on support and meaningful strategic input, and their network investment model has opened doors to high-quality investors and operators who genuinely add value. Weβre grateful for their trust, energy and alignment with our long-term vision.
About TEN13
TEN13 is an innovative Australian venture capital firm that commenced operations in 2019, co-founded by prominent figures Steve Baxter and Stew Glynn. While primarily based out of Fortitude Valley, Queensland, the firm also maintains a team presence in Sydney, catering to a broad reach across Australia and beyond. TEN13 differentiates itself through a unique deal-by-deal investment model, which allows a vast network of sophisticated investors to selectively participate in curated startup opportunities, offering greater flexibility than traditional fund structures. This approach combines the strategic value of a VC with the agility of an angel group, providing a single line item on the cap table supported by a deep and experienced investor network.
The firm's core mission is to fuel ambitious founders of global technology startups from their earliest stages, backing companies from Pre-Seed to Series A and beyond. TEN13's investment philosophy is deeply rooted in a network-based strategy, believing that a strong, interconnected community of founders, operators, and investors significantly enhances the value proposition for portfolio companies by offering not just capital, but also invaluable advice, experience, and access to new opportunities. This hands-on, supportive approach is a cornerstone of their success, aiming to help companies scale effectively and become category leaders in their respective markets.
TEN13 has demonstrated significant growth and impact since its inception. They have deployed over $110 million AUD across more than 50 companies globally, spanning five continents. Key achievements include investments in two 'unicorn' companies, Go1 (an online learning platform) and Chipper Cash (an African mobile money platform), as well as Clipchamp, an online video editing platform that was successfully acquired by Microsoft. More recently, TEN13 secured its first institutional mandate under the Queensland Venture Capital Development Fund, managed by QIC, further solidifying its position within the Australian venture ecosystem.
Leadership at TEN13 includes Co-founder and Executive Chairman Steve Baxter, a veteran entrepreneur known for founding PIPE Networks, and Managing Partner and Co-founder Stew Glynn. The team also features General Partner An Vo, Partner for Investor Relations Sophie Robertson, and Venture Partners such as Joel Pobar, who focuses on AI investments, and Brendan Hill, an experienced angel investor. The firm's commitment to supporting founders is encapsulated in their tagline, "Fuelling Founders," reflecting their dedication to backing exceptional teams with global ambitions.
TEN13 at a glance
Investment thesis
TEN13 is a network-driven global VC that fuels ambitious founders of technology companies with first cheques from $250k-$2M (and up to $10M for follow-on rounds) to help them scale and become category-leaders. They leverage their extensive investor network to provide capital, strategic guidance, and operational support.
Key partners
Focus on sovereign Australian defence technology, with an eye for opportunities that can return multiples of invested capital in unloved asset classes.
Focus on network-based investing, providing access to quality venture capital deals on a deal-by-deal basis to fuel ambitious founders.
Engaged in investor relations, understanding investor philosophies and portfolio construction.
Focus on strengthening AI investments.
Partners with ambitious founders tackling significant challenges in sectors such as FinTech, Renewable Energy, Computer Vision, and Space across various regions including Australia, New Zealand, North America, Africa, and LATAM, syndicating top global deals.
Portfolio companies
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People at TEN13 (4)
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