Scale Investors

Scale Investors is a Business Angel Group based in Melbourne, Australia, focusing on early-stage investments in companies founded or led by women. Established in March 2013, the group aims to empower women as successful investors while enhancing their wealth through supporting female entrepreneurs in high-growth sectors such as technology, e-commerce, and application software. Scale Investors typically invests between $0.25 million and $0.7 million, often leading early-stage rounds with valuations under $4 million, while also participating in syndicates for larger, later rounds. The group seeks exits through sales, management buyouts, or private equity within five years. While its founding members are women, Scale Investors welcomes male allies who share their commitment to fostering gender diversity in leadership and maximizing returns by investing in early-stage businesses.

Carol Schwartz

Founding Director

28 past transactions

Baymatob

Series A in 2022
Baymatob is an AI-guided solution to improve health outcomes for mothers and their babies.

HEX

Seed Round in 2022
The Hacker Exchange connects next-generation leaders to global innovation cities. The Hacker Exchange exists to change the face of business, by creating a generation of leaders who are global citizens, who never stop learning, and who take action to create the world they want. the company operates at the intersection of tertiary education and entrepreneurship, delivering a reimagined academic experience which is intense, immersive and based in the real world. Its mission is to connect the next generation of budding entrepreneurs with the opportunities, passion, networks, and resources that can only be found in the innovation capitals of the world.

Milkdrop

Seed Round in 2021
Milkdrop cushions are an ultra-soft, squishy pad that supports your nipple from the pump's harsh suck.

Handdii

Seed Round in 2021
Handdii Pty Ltd is a technology company based in Melbourne, Australia, founded in 2017, that specializes in improving the property insurance claims process. The company's platform connects insurance companies with contractors, facilitating the repair of property damage claims. Handdii addresses the frustrations often associated with traditional claims fulfillment, which can be complicated and time-consuming. By streamlining communication among insurance companies, contractors, and customers, the platform enhances transparency and allows for real-time tracking of claim progress. This efficiency not only reduces claims costs for insurers but also aims to improve customer satisfaction by simplifying the process of property repairs. Handdii focuses on empowering tradespeople to perform their work effectively while allowing customers to concentrate on their lives.

PetCloud

Seed Round in 2020
PetCloud is a website which connects busy Pet Owners with Local Pet Sitters. Partnered with Greencross Vets, Petbarn, and RSPCA Partners.

GGWP Academy

Pre Seed Round in 2020
GGWP Academy offers an online academy for gamers. The company’s solution teaches skills and techniques in streaming, personal branding, goal setting, social media marketing, and game psychology to its customers. GGWP Academy was founded in 2018 and is headquartered in Sydney, Australia.

Mass Dynamics

Seed Round in 2020
Mass Dynamics Pty Ltd, founded in 2018 and based in Melbourne, Australia, specializes in software development for the research and biopharmaceutical sectors. The company has created a mass spectrometry software platform tailored for proteomics and discovery scientists. This platform provides tools that facilitate insights into disease mechanisms, aid in drug discovery, and track changes in protein levels through meticulously designed experiments. By streamlining the processes of protein characterization, development, and monitoring, Mass Dynamics enables its clients to enhance efficiency while maintaining safety and efficacy in their research endeavors.

HackHunter

Pre Seed Round in 2020
HackHunter specializes in safeguarding organizations from the threats posed by malicious WiFi networks. The company has developed a portable WiFi tracker that features a passive sensor network, which continuously monitors for unauthorized access points and hacking activities. When a malicious WiFi network is detected, the device provides real-time alerts and enables clients to physically locate and shut down these threats. By offering a solution that combines monitoring, detection, and location capabilities, HackHunter helps organizations protect their sensitive information from potential theft and cyberattacks.

Vitable

Pre Seed Round in 2020
Vitable is a direct-to-consumer company that specializes in personalized vitamin supplements designed to support individuals in maintaining a healthy and balanced diet. Through a flexible subscription model, Vitable delivers customized vitamin boxes tailored to each customer's specific health goals, lifestyle, and dietary needs. The product range includes a variety of supplements such as fish oil, calcium, vitamin D, magnesium, zinc, and probiotics. By eliminating the guesswork associated with selecting vitamins from numerous options on store shelves, Vitable aims to provide consumers with convenient and effective solutions for their health and wellness.

Cynch

Pre Seed Round in 2019
Cynch Security is online cyber fitness platform for digital small businesses. They take the complexity out of cybersecurity for business owners, enabling them to build cyber resiliency gradually over time by following their tailored program. By combining plain language advice and education, cyber risk assessment and cybersecurity products and services, small businesses are able to demonstrate their improvement in security to their customers, partners and regulators.

Handdii

Seed Round in 2019
Handdii Pty Ltd is a technology company based in Melbourne, Australia, founded in 2017, that specializes in improving the property insurance claims process. The company's platform connects insurance companies with contractors, facilitating the repair of property damage claims. Handdii addresses the frustrations often associated with traditional claims fulfillment, which can be complicated and time-consuming. By streamlining communication among insurance companies, contractors, and customers, the platform enhances transparency and allows for real-time tracking of claim progress. This efficiency not only reduces claims costs for insurers but also aims to improve customer satisfaction by simplifying the process of property repairs. Handdii focuses on empowering tradespeople to perform their work effectively while allowing customers to concentrate on their lives.

Neighbourlytics

Seed Round in 2019
Neighbourlytics Pty Ltd is a social analytics platform that specializes in measuring the quality of life and wellbeing in urban neighborhoods. Founded in 2017 and headquartered in Melbourne, Australia, with additional offices in Sydney and Brisbane, the company harnesses big data to offer insights into neighborhood activity, places, and stories. Its platform is designed to assist urban planners, community development teams, project managers, economic development advisors, retail analysts, and marketing professionals in understanding local identities and comparing different locations. By providing comprehensive data, Neighbourlytics enables city-makers to better plan, design, and manage urban spaces, ultimately enhancing community engagement and development.

TalkiPlay

Seed Round in 2019
TalkiPlay engages children in hands-on exploration of their world through play to accelerate a child’s understanding of language.Children learn language through play.Their ecustom designed Talkiplay readers are built for small hands, enabling children to explore the world with ease.Makes learning language fun for children and simple for parents. Encouraging children to explore their own world to accelerate their language development.

Phasya

Seed Round in 2019
Phasya s.a., founded in 2014 and based in Seraing, Belgium, specializes in developing hardware and software solutions that utilize eye tracking technologies to detect cognitive and physiological states from eye images. Its primary product, the Drowsimeter R100, is designed for research applications, allowing researchers to objectively measure various ocular parameters as well as drowsiness levels. The company offers a range of solutions that monitor eye movements, including blinks and pupil dilation, and assess states such as stress, attention, and cognitive load. These technologies are particularly applicable in safety, driver monitoring, medical diagnosis, and research sectors, where understanding drowsiness and other cognitive states can significantly influence task performance and decision-making. By employing high-speed camera technology, Phasya provides users with automatic, real-time measurements, enhancing the accuracy and continuity of data collection in various fields.

Galileo Platforms

Series A in 2018
Galileo Platforms is a platform technology company serving the insurance sector. Using blockchain technology we connect all participants in the insurance industry efficiently and in realtime. Their platform drives efficiency through the entire value chain by having a central source of encrypted client and contract data that the distributor, insurer and reinsurer all view with permissioned access.

MimicTec

Angel Round in 2016
MimicTec is an agtech company that aims to improve productivity and welfare in the poultry farming and industry. MimicTec has developed prototypes, with initial working products tested with chickens in October 2016, and February, May and August 2017. We're now developing alpha versions on our product to be implemented on farms in collaboration with poultry farmers and engineers.

Scrunch

Seed Round in 2016
Scrunch LLC, established in 2011 and located in West End, Australia, operates a comprehensive influencer marketing platform designed to connect brands and agencies with social media influencers. The platform boasts one of the largest databases in the industry, featuring over 20 million influencer profiles and extensive data analytics. Scrunch enables users to manage their marketing campaigns efficiently through features such as audience analysis, campaign management, and impact tracking. Additionally, it provides tools for customer relationship management and outreach, facilitating effective communication between brands and influencers. By leveraging data-driven insights, Scrunch helps lifestyle brands optimize their marketing strategies and enhance their return on investment.

Cadenza Innovation

Series A in 2016
Cadenza Innovation, Inc. is a technology company based in Wilton, Connecticut, focused on the development and manufacturing of advanced lithium-ion batteries specifically for electric vehicles and energy storage systems. Founded in 2012, the company offers a patented battery architecture that combines the advantageous features of traditional jelly roll and large prismatic cells, resulting in high energy density at a reduced cost. Cadenza Innovation's designs prioritize safety, reliability, and performance, aiming to address the needs of various markets, including electric vehicles, plug-in hybrids, and grid applications. The company licenses its technology to global manufacturers, leveraging its expertise in operational mass production and collaborating with key technology partners to enhance energy storage solutions.

ShowGizmo

Angel Round in 2016
ShowGizmo develops a mobile application designed for events organized by government agencies, venues, associations, and aged care organizations. The application allows event professionals to customize it with their own designs and logos, providing features such as in-app ticketing, accommodation, and flight information. It facilitates enhanced social interaction through private news feeds and messaging, while feedback and Q&A sessions promote attendee engagement. Additionally, the application offers tools for organizers to measure audience engagement through key metrics, polls, and reports accessible via in-app dashboards. Launched in April 2011 by Marie-Claire Andrews, ShowGizmo is based in Wellington, New Zealand.

FirstStep

Seed Round in 2016
FirstStep Investments Australia Pty Ltd is a Melbourne-based company that has developed a mobile application designed to facilitate investment using users' savings. Founded in 2015, the app allows individuals to invest their spare change generated from everyday electronic purchases by rounding up transactions to the nearest dollar. Users can choose to set up regular fixed investments through direct debit or utilize the rounding feature, which automatically invests the accumulated amounts into a diversified portfolio of low-cost exchange-traded funds (ETFs). The application is accessible on both iOS and Android platforms, enabling individuals to engage in investing without a minimum investment requirement, thus promoting a hassle-free and automated investment experience.

CloudPeeps

Angel Round in 2015
CloudPeeps is a comprehensive platform that connects freelancers and businesses, facilitating effective collaboration and work opportunities. It serves as a marketplace that enables clients to search for and hire skilled independent professionals. The platform provides various tools designed to empower users, ensuring that both freelancers and businesses can achieve their objectives efficiently. By fostering a community of top-tier talent, CloudPeeps helps streamline the process of finding remote work opportunities, making it easier for clients to access the expertise they need.

Scrunch

Seed Round in 2015
Scrunch LLC, established in 2011 and located in West End, Australia, operates a comprehensive influencer marketing platform designed to connect brands and agencies with social media influencers. The platform boasts one of the largest databases in the industry, featuring over 20 million influencer profiles and extensive data analytics. Scrunch enables users to manage their marketing campaigns efficiently through features such as audience analysis, campaign management, and impact tracking. Additionally, it provides tools for customer relationship management and outreach, facilitating effective communication between brands and influencers. By leveraging data-driven insights, Scrunch helps lifestyle brands optimize their marketing strategies and enhance their return on investment.

Switch Automation

Seed Round in 2015
Switch Automation is a global software company that provides a smart building platform designed for real estate owners and facility managers. Founded in 2012 and headquartered in Denver, Colorado, with additional offices in Australia, Asia, and Europe, the company offers a scalable software-as-a-service solution that integrates traditional building systems with Internet of Things (IoT) technologies. This platform enables real-time analysis, automation, and control of building assets, helping clients reduce operating costs, enhance energy efficiency, and improve occupant satisfaction. Switch Automation serves various industries, including commercial real estate, retail, grocery, and financial services, and offers features such as building performance analysis, fault detection and diagnostics, and real-time command execution.

Cognition Therapeutics

Series B in 2015
Cognition Therapeutics, Inc. is a clinical-stage neuroscience company based in Pittsburgh, Pennsylvania, focused on developing small molecule therapeutics aimed at addressing neurodegenerative and neuro-ophthalmic disorders. Founded in 2007, the company is notable for its drug candidate CT1812, an oral brain-penetrant molecule designed to restore cellular processes disrupted by diseases such as Alzheimer’s and dry age-related macular degeneration. Cognition Therapeutics targets the toxic proteins that contribute to cognitive decline, a key factor in various degenerative diseases of the brain. The company employs proprietary assays and medicinal chemistry to create novel, high-quality drug candidates, addressing an unmet need in the treatment of these complex conditions.

Emily Crisps

Seed Round in 2015
Emily Crisps is a food start-up based in London, United Kingdom, focused on providing health-conscious consumers with guilt-free snacking options. The company specializes in producing and distributing crunchy fruit and vegetable crisps, available in five flavors. All products are gluten-free, kosher certified, and made from completely natural ingredients, without any additives or preservatives. Emily Crisps aims to offer a healthy alternative that caters to the growing demand for nutritious snacks, establishing itself as a staple choice for many households.

TrademarkVision

Seed Round in 2014
TrademarkVision was founded in 2011 as a computer vision spinout from a research organisation in Australia. In 2013 they released the world’s first visual search engine for trademarks which immediately picked up commercial traction. For any company trying to build a brand around their new logo, they know that ensuring their logo is protectable as a trademark (and infringement free) globally can be a time-consuming and costly process. TrademarkVision’s reverse image search technology cuts this process down to seconds while giving accurate global coverage. Their first-to-the-world technology has the potential to not only improve brand owner’s lives, but completely change the game of brand protection. TrademarkVision is now used by trademark attorneys, brand owners and IP offices worldwide and has set a new industry standard. TrademarkVision was recognized in 2017 in the Top 10 Most Innovative AI/Machine Learning companies in the world by FastCompany, and in the Top 8 Companies Changing How Machine Learning Is Used by Entreprenur.com. They’re passionate about what they’ve created, but it’s only the start. They believe in continual research and everything they do is a step towards being the leader in image recognition, with recent launches of 3D designs search, automatic image classification, and a deep-learning based Brand API.

Paloma Mobile

Venture Round in 2014
Paloma Mobile, founded in July 2011 by Jennifer Zanich and Steve Langkamp, is developing and commercializing a cloud-based platform that delivers data-efficient smartphone applications. The company’s first service – Photo Chat – delivers a mix of photos and social features, such as voice notes, in private conversations with friends or family.
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