Mighty Partners

Mighty Partners is a venture debt provider based in Sydney, Australia, offering flexible, non-dilutive credit facilities to high-growth technology businesses across Australia and New Zealand. Established in 2021, the firm was initially known as Fundabl before rebranding to Mighty Partners on October 1, 2025. This change reflected an evolution from providing short-term bridging solutions to fostering long-term partnerships with founders, a strategic shift that followed a $3.2 million equity raise in July 2024. [cite: 9, 12 in previous output, 26 in previous output, 38 in previous output]

Mighty Partners serves a diverse clientele, including startups, scale-ups, and established growing businesses that possess an established revenue profile, demonstrate strong growth potential, and have a clear path to profitability. They also cater to ASX listed companies with market capitalisations between $20 million and $100 million. [cite: 2 in previous output] To qualify for funding, businesses must have an Australian presence, generate at least $1 million in annual revenue, and prove their capacity to service the debt over the agreed term. [cite: 2 in previous output, 7 in previous output]

What sets Mighty Partners apart is their commitment to founder ownership and capital efficiency. Their approach offers scalable debt solutions designed to minimise equity dilution, a common concern for founders seeking growth capital. [cite: 11 in previous output, 26 in previous output, 27 in previous output, 33 in previous output, 38 in previous output] They implement a disciplined underwriting process, often capping debt at one-third of a company's annualised revenue, and base lending decisions on recurring revenue, growth rate, and technological advantages, rather than traditional profitability or hard assets. [cite: 26 in previous output] The firm offers flexible repayment options, including optional interest-only periods and no personal guarantees. [cite: 2 in previous output, 7 in previous output]

Key achievements include having funded over 70 companies since their inception. [cite: 26 in previous output] Mighty Partners is backed by notable Australian fintech entrepreneurs such as Matt Leibowitz, founder of Stake, and Larry Diamond, founder of Zip, both of whom maintain close involvement with the company. [cite: 26 in previous output, 33 in previous output]

The leadership team includes Kal Jamshidi as Managing Director. Kal brings extensive experience from his background in investment banking at Macquarie, where he worked in the Technology, Media, and Telecommunications team in both Sydney and San Francisco. His entrepreneurial journey also includes scaling the US insurtech startup Doma and founding OnPodio, a fitness software platform, and Letter of Intent, a financial publication. [cite: 26 in previous output, 33 in previous output] Nathan Ryba serves as a Partner, and Gracie Smith is the Head of Growth. [cite: 27 in previous output, 38 in previous output, 45 in previous output]