GXE

This week, REACH Australia and New Zealand is shining a spotlight on GXE, a proud member of our 2024 cohort! GXE is the all-in-one platform for Investment Funds, Family Offices, and Syndicates. They empower investors, fund managers, and family offices with real-time visibility, efficient workflows, licensing, information security, and more. Why GXE? 📊 Fund Managers: Manage fund establishment, investor onboarding, capital calls, reporting, and more in one secure platform. 💼 Investment Syndicates: Focus on investors and portfolios with GXE's end-to-end tool suite. 👪 Family Offices: Handle all reporting, tax, and compliance across every entity from one dashboard. 🚀 Startup Founders: Easily roll up investors during raises and clean up cap tables. 🏦 Superannuation and Pension Funds: Fit-for-purpose digital solutions for large asset managers. From initial setup to exit, GXE's platform handles everything in one place, making fund management seamless and efficient. At GXE, their mission is to build the operating system for unlisted assets and fund management. By providing investors, fund managers, and family offices with the tools they need to succeed, GXE enables them to focus on their portfolios while taking care of everything else. Proudly licensed with Australian Financial Services Licence 460870, GXE is redefining how alternative assets are managed. #REACHANZ #GXE #InvestmentFunds #FamilyOffices #Syndicates #FinancialInnovation #FeatureFriday #FundManagement #InvestmentTech #PortfolioManagement

The start of 2024 saw a decline in deals to a five-year low, totalling 66. However, there were a handful of silver linings buried in the data… 💰 Q1 2024 marginally outpaced the first quarter of last year, reaching $703M; 🏋♀️ The quarter also celebrated a standout period for all-female founding teams, who achieved an all-time high in funding share and absolute dollars received in a quarter, and 🌽 The Australian unicorn gang welcomed two new members, Bugcrowd and Deputy. A dig into the data from Q1 2024 underscored a period of adaptation and selective local investment. Much like what's being seen in VC markets globally, the Australian venture funding landscape continues to evolve in real-time, with no two quarters seeming the same. 🙊 Investor sentiment: The Cut Through Quarterly Investor Sentiment Survey depicted a nuanced view. On one hand, the overall perception of portfolio and market health has improved, but on the other, there's been a noticeable rise in layoffs and company closures. Clearly, the period did not show an uptick in transactions, pointing towards cautious optimism among investors. 🤖 Sector highlights: AI/Big Data and Enterprise Software retained their positions on the excitable sector index. The quarter didn't significantly favour any sector in terms of funding volume, but Climate Tech and Healthtech maintained their recent activity, securing a high number of smaller deals. The weaving of "AI" into company descriptions is increasing, which is starting to give .com-era vibes. 📐 Deal size dynamics: There was a notable decline in smaller deals, but at all stages from Seed onward, those deals that did get done were markedly larger than those at the same stage a year ago. This raises the question of whether the "haves and have-nots" market dynamic has kicked in -- where a focus on quality and potential over quantity, means many startups are missing out while others bask in investor demand.. We thank our sponsors, HSBC, Corrs Chambers Westgarth, and GXE, as well as the long list of investors who provide insights via our Investor Sentiment Survey. We hope you enjoy the report.