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Australian Startup Funding Starts With Relationships

Australian startup funding depends on who you know as much as what you've built. Innovation Bay connects founders with the investors behind a raise, and founders in the network have raised more than $40M in seed. Apply for membership to build those relationships early.
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Trusted by founders backed by Australia's leading investors and institutions. As featured in Forbes Australia.
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Who this community is built for

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Funding follows relationships. This community is built for founders ready to build them.
Innovation Bay founders and investors at a community event
A founder or active co-founder of a tech business in Australia or New Zealand
Innovation Bay is the right fit if you are:
A founder or active co-founder of a tech business in Australia or New Zealand
Leading a company typically between $1M and $10M ARR with a team of 5 to 50+
Past product market fit and actively navigating the challenges of scale
Looking for peer insight from founders slightly ahead of you, not generic advice
Ready to give as well as receive, because this community runs on candour
If capital access is the only thing you're after, this won't suit you. But if you want the trusted relationships that raises actually run on, you're exactly who this is for.

Testimonial

James Ferguson, Co-Founder, Immutable
A founder or active co-founder of a tech business in Australia or New Zealand
"Joining is one of the best decisions I have made. It is an open and growth oriented environment, where you can talk deeply with entrepreneurs who are going on a similar journey... Innovation Bay allows you to dive into these with fellow entrepreneurs you can trust as they have no agenda apart from sharing and learning together."
James Ferguson | Co-Founder, Immutable
Apply for membership
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What makes this funding network different

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Small groups, real conversations

You'll join a small peer group of founders at a similar stage, including people who have recently raised. Fifty percent of members cite this group as their most valuable business support when making decisions.
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An events calendar worth showing up for

From founder dinners to Expedition, our annual three-day retreat for 50 founders, events are kept small and co-designed with members. It's where founders and investors get to know each other properly, well before a raise. This year's Expedition runs 27 to 29 October in Kingscliff.
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Content created by founders, for founders

Our podcast and monthly briefings feature founders and investors who have been through real raises. With 190+ episodes, you get grounded perspective on funding, not generic advice.
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Introductions that actually matter

Founders in the network have raised $40M+ in seed funding and 12 have become unicorns. The investors you want to meet are often already here, and we create the conditions for the right conversations.

Australia's startup community in numbers

20+

years

Australia's longest-standing tech founder and investor community

3,000+

members

Australia's longest-standing tech founder and investor community

$40M+

in seed funding raised through the Innovation Bay network

12

unicorns

connected to our community

190+

podcast episodes

from founders and operators who've built and scaled real businesses
A founder or active co-founder of a tech business in Australia or New Zealand

Apply to join the community

Membership is by application, because warm introductions only carry weight when the network behind them is trusted.
Here's how it works:
Fill in the application form below and tell us about your business, your stage, and what you're looking to get from the community
We'll review your application and reach out to schedule a short conversation
If it's a good fit on both sides, we'll invite you to join and walk you through the membership options
Membership starts from $5,000 a year and covers your peer group, the events calendar, and access to the investor and founder network. Places are limited and filled by application. The first step is a short conversation to check the fit, not a pitch.
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Not at that stage yet?

Not raising yet, or not ready to apply? Start building the relationships early. Subscribe to the monthly briefing and podcast, and come to an open event to meet the community before you need it.
Sign up for the Innovation Bay Newsletter

Frequently asked questions about Australian startup funding and Innovation Bay

Where do startups find funding in Australia?

How do founders improve their chances of raising in Australia?

Who is the Innovation Bay community for?

Does Innovation Bay connect founders with investors?

What does it cost and how do I join?

Australian startups typically raise from a progression of sources: founders and friends and family first, then angel investors and syndicates, then venture capital across seed and later rounds, with family offices and incentives like the R&D Tax Incentive also playing a role. The right source depends on stage, sector and cheque size, and warm investor relationships matter as much as the money.
The founders who raise most effectively build investor relationships months before opening a round, target investors who genuinely invest at their stage and sector rather than pitching everyone, and lead with evidence of traction like revenue growth. Warm introductions consistently outperform cold outreach, which is where a trusted network earns its value.
It's designed for tech founders in Australia and New Zealand who are past product market fit and actively scaling, typically leading companies with $1M to $10M ARR and teams of 5 to 50+ people. It also runs distinct communities for angel investors and venture capital General Partners. It isn't built for pre-revenue founders or those treating it purely as a capital-raising channel.
Innovation Bay runs separate communities for founders, angel investors and venture capital General Partners, and members meet through curated events and introductions. We don't promise funding outcomes, but we create the conditions for the right conversations. You can indicate which community fits in your application.
Membership starts from $5,000 per year, up to $9,000 per year depending on tier and access. Every application is reviewed and followed by a short conversation to confirm the fit. If it works both ways, we'll walk you through the options. It's a conversation, not a sales call.
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Innovation Bay Pty Ltd (ACN 145 690 580). Australia's leading startup community for tech founders and investors since 2003. The material on this website is for information purposes only and should not be construed as an offer or solicitation or recommendation to buy or sell any financial products. The information is directed and available to residents of Australia only deemed to be Wholesale Clients under section 761G of the Corporations Act 2001. This information is intended to be general in nature and is not personal financial product advice. Any advice contained on this page is general advice only and has been prepared without considering your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. You should seek independent financial advice and read the relevant disclosure statements before making an investment decision (including a decision about whether to acquire or continue to hold) about a financial product.