Invest in Startups

Startup Investor Group North Queensland links investors and founders to create new economic opportunities and jobs in regional Queensland.

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Supporting Queensland Innovation

Invest in Queensland's best Startups

We source early stage investment opportunities through direct relationships, referrals from our members, as well as connections to startup incubators and accelerators. We first invest at the Seed and Series A stage, and seek to follow on in later rounds.

Member Referrals

The openfund community and extended network gives us access to a wide range of opportunities.

Data Driven Decisions

We use software to scale our deal scout network & make data driven decisions.

Application Vetting

Our investment committee conducts due diligence to ensure the startup meets our requirements.

Panel Review

Hand-picked members of the openfund community provide feedback before we make an investment decision.

Fund Raising

Our members can quickly mobilise to invest an average of $250k in our initial Seed stage investments.

Updates

Founders provide regular updates to openfund and investor members so we can support and track progress.

We raise funds from Queensland's Investors

We work to discover, fund and support Queensland's most promising startups. We invest in top startup founders and arm them with the connections and support they need to grow globally.
Presented by: ⌘ openfund

FlyFreely

Manages Drone Operations
FlyFreely is powerful services platform enabling the safe and effective operation of drone flights for enterprises. It coordinates all of the training, aircraft, mission, data and approvals in one place.
Investors: FNQ Angels, RCL Accelerator, OpenFund et al
Stage: Seed - late 2018
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Presented by: ⌘ openfund

Vygo - University Tutoring

Improves University Outcomes
Vygo’s app unlocks private tutoring so university students can get the most out of their degrees. Vygo connects students with tutors who have aced each class. Mentoring improves university outcomes and decreases failure rates.
Investors: Larsen Ventures, TLI, RCL Accelerator, OpenFund et al
Stage: Pre-Seed - mid 2018 * completed
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Interested in Applying to openfund to raise funds? Please contact us.

What People Say About Us

“It's vital for North Queensland to have an angel investment presence to inform local business people and to activate a portion of capital that normally goes to traditional investments.”

David Cole
CEO at FlyFreely

“Scott Rogers of OpenFund has global connections and actively supports startups. For example he connected JESI with ACIC to meet potential Angel investors and customers in China."

Joe Hoolahan
CEO at Jesi.io