# TEN13

> TEN13 is a VC fund in Brisbane backing Software, SaaS and FinTech. See 88 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Brisbane, Australia
- Total investments: 88
- Last investment: Aug 2026
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ten13/
- X (Twitter): https://twitter.com/TEN13_
- Website: https://www.ten13.vc
- Facebook: https://www.facebook.com/TEN13-109919387039449/

TEN13 is a world-leading syndicated platform based in Australia. Founded by Steve Baxter and Stew Glynn.

## Contacts

5 contacts available for TEN13. Shizune tracks 6 team members at TEN13. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ten13?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $999k–$8M |
| Pre-Seed | $877k–$2.2M |
| Series A | $4M–$46M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 15 | 17% |
| SaaS | 9 | 10% |
| FinTech | 8 | 9% |
| Financial Services | 8 | 9% |
| Artificial Intelligence | 7 | 8% |

99 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 37 | 42% |
| Series A | 19 | 22% |
| Pre-Seed | 11 | 13% |
| Venture - Series Unknown | 4 | 5% |
| Series B | 2 | 2% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Australia | 32 | 36% |
| United States | 14 | 16% |
| Kenya | 2 | 2% |
| Nigeria | 2 | 2% |
| New Zealand | 2 | 2% |

10 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Bob Waldie | Private Investor | 0 | https://shizune.co/investors/profile/bob-waldie |
| Michael Koukourou | Angel Investor | 0 | https://shizune.co/investors/profile/michael-koukourou |
| Rick Stevenson | Private Investor | 0 | https://shizune.co/investors/profile/rick-stevenson |
| Stephen Baxter | Partner | 8 | https://shizune.co/investors/profile/steve-baxter-2 |
| Stephen Baxter | Partner | 31 | https://shizune.co/investors/profile/stephen-baxter |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Vexev | Vexev is on a mission to introduce innovative imaging diagnostic tools. | $6M | Venture - Series Unknown | Aug 06, 2026 |  |
| Flyweel | Flyweel is agentic fintech for businesses that depend on ads for their growth. It connects spend, cash, and revenue, then acts on them in real time, shifting budget to the ads that work, drawing capital when the numbers justify it, and easing off when cash runs low, all without anyone in the loop. | $1.7M | Pre-Seed | Jun 01, 2026 |  |
| Appetise | Appetise is a cloud-based food technology platform with sustainable meal kit delivery providers. | $4.9M | Series A | Feb 19, 2026 |  |
| AutoGrab | AutoGrab is a vehicle software company that is focused on assisting dealerships, finance and insurance companies. | $55.3M | Series B | Jan 27, 2026 |  |
| Atrium | Atrium is a personal chief of staff platform driven by artificial intelligence. | $1.3M | Pre-Seed | Dec 16, 2025 |  |
| OneMRI | OneMRI is a provider of comprehensive whole-body MRI scans that are radiation-free, clinically reviewed by radiologists, and explained by doctors. | $1.6M | Seed | Aug 18, 2025 |  |
| Arintra | Arintra provides an AI-powered autonomous medical coding platform to streamline hospital and clinic revenue cycle management. The platform processes clinical documentation to generate accurate diagnostic and procedural codes (e.g., ICD‑10, CPT) within electronic health records like Epic or Cerner, requiring zero manual input. It offers explainableaudit trails and analytics dashboards that track coding accuracy, denial trends, and workflow efficiency. Clients report measurable improvements such as a 5% increase in revenue and over 50% reduction in aged accounts receivable days following implementation. | $21M | Series A | Aug 14, 2025 |  |
| BarterAds Pty Ltd | BarterAds is a programmatic advertising exchange that enables businesses to acquire customers without cash spend by converting unused ad inventory into a tradable asset. Instead of paying in fiat, companies earn and spend a proprietary internal currency called Barter Dollars, which are issued when they display ads on their owned media propertiessuch as websites, apps, or platforms.The platform operates as an auction-based exchange, similar to traditional ad networks, where advertisers bid for impressions using Barter Dollars. Inventory is matched contextually and priced dynamically through real-time bidding, ensuring efficient allocation of supply and demand across the network. This allows both advertisers and publishers to maximize the value of otherwise underutilized inventory.BarterAds primarily targets startups, SaaS platforms, marketplaces, gaming companies, and content publishers that have traffic but are constrained by rising customer acquisition costs. By removing the need for upfront cash spend, the platform provides a capital-efficient growth channel, particularly for small and mid-sized businesses.The system includes controls for brand safety, fraud prevention, and inventory quality through business verification, campaign approvals, and continuous monitoring. Barter Dollars are non-transferable and expire periodically, preventing hoarding and ensuring continuous circulation within the ecosystem.BarterAds is designed as a hybrid between barter networks and modern ad exchanges, combining the scalability and automation of programmatic advertising with a closed-loop, cashless economy. The company is headquartered in Australia and is focused on building a global network of advertisers and publishers who both contribute inventory and run campaigns within the platform. | $1.5M | Seed | Jul 03, 2025 |  |
| Instant | Instant is a fintech startup that makes online payments quick and simple. Instant's software is used by sellers of all sizes to simplify the shopping, checkout, and purchasing journey for their customers, increasing conversion and customer satisfaction. Instant will enable sellers to ensure that they have the opportunity to win not only at thecheckout, but also in data, payments, social commerce, and other areas, making online shopping fun, rewarding, and instant for their Gen Z customers. | $18M | Series A | Mar 02, 2025 |  |
| Rockfish Data | Rockfish Data is a generative artificial intelligence software company that offer safe and effective ways to leverage and share data. | $4M | Seed | Jan 15, 2025 |  |

10 of 88 investments shown.

## Co-investors
- [Airtree Ventures](https://shizune.co/investors/profile/airtree-ventures-2) — VC Fund, 11 deals together
- [Archangel Ventures](https://shizune.co/investors/profile/archangel-ventures) — VC Fund, 8 deals together
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund, 8 deals together
- [Flying Fox Ventures](https://shizune.co/investors/profile/flying-fox) — VC Fund, 8 deals together
- [Haatch](https://shizune.co/investors/profile/haatch) — VC Fund, 8 deals together
- [OIF Ventures](https://shizune.co/investors/profile/our-innovation-fund) — VC Fund, 7 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Artesian VC](https://shizune.co/investors/profile/artesian-capital-management) — VC Fund
- [Blackbird Ventures](https://shizune.co/investors/profile/blackbird-ventures-australia) — VC Fund

## Featured in investor lists
- [All Investors in Oceania](https://shizune.co/investors/investors-oceania)
- [All VC Funds in Oceania](https://shizune.co/investors/vc-funds-oceania)
- [All Investors in Australia](https://shizune.co/investors/investors-australia)
- [All VC Funds in Australia](https://shizune.co/investors/vc-funds-australia)
- [SaaS VC Funds in Oceania](https://shizune.co/investors/saas-vc-funds-oceania)
- [SaaS Investors in Australia](https://shizune.co/investors/saas-investors-australia)

## FAQ

### What does TEN13 invest in?

TEN13 invests primarily in Software, SaaS and FinTech startups, most often at Seed and Series A stage. Most of the 88 investments tracked by Shizune back companies in Australia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is TEN13's check size?

TEN13 typically joins rounds of $999k–$8M at Seed, $877k–$2.2M at Pre-Seed and $4M–$46M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds TEN13 participates in.

### How do I contact TEN13?

Public channels for TEN13 include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at TEN13?

The team at TEN13 includes Bob Waldie (Private Investor), Michael Koukourou (Angel Investor) and Rick Stevenson (Private Investor), among 6 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co