When was Marshall Investments founded?

Marshall Investments was founded in 1995.

Where is Marshall Investments' headquarters located?

Marshall Investments' headquarters is located in Sydney (Australia).

How many companies has Marshall Investments invested in?

Marshall Investments has invested in 3 companies, including Upcover & EncompaaS.

Which companies has Marshall Investments invested in lately?

Upcover & EncompaaS are the latest investments by Marshall Investments.

What sectors does Marshall Investments focus on for investments?

Top sectors in Marshall Investments' portfolio are Retail (1 investment) and Enterprise Applications (1 investment).

Marshall Investments - 2026 Investor Profile, Portfolio & Investment Trends

Marshall Investments, established in 1995, is a private debt fund primarily based in Sydney, Australia. It specializes in financing Series B round of companies based in Australia. Its portfolio includes 3 firms, spanning the Retail, Enterprise Applications sectors.

Its most notable investments are Upcover, EncompaaS and GlamCorner.

Its latest investment was a $8M Conventional Debt round in Upcover on Feb 10, 2025.

Key Metrics

Founded Year

1995

Location

Sydney, Australia

Portfolio Companies

Upcover, EncompaaS & 1 more

Sectors of Investment

Retail, Enterprise Applications & 3 more

Stages of Investment

Conventional Debt, Series A & 1 more

Locations of Investment

Australia

View Marshall Investments's full profile

Marshall Investments has a portfolio of 3 companies. Their most notable investmentis in EncompaaSTheir portfolio spans across and Australia. They have invested in Retail, Enterprise Applications, Consumer and 2 other sectors, across stages such as Conventional Debt, Series A and 1 more. Here is the list of all investments by Marshall Investments:

1. Upcover

Online comparison platform for business insurance. It offers solutions for products liability insurance, professional indemnity insurance, property damage, and more. It offers solutions for small businesses, startups & freelancers, online businesses & associations, and more. It also offers claims assistance solutions.

Key facts about Upcover

Founded Year: 2019
Location: Sydney (Australia)
Stage: Series A
Total Funding till date: $13.8M
Employee Count: 14 as on Jul 01, 2024
Investors: Gandel Invest, Tectonic and 7 Others
Latest Funding Round: Series A, Feb 10, 2025, $*****
Highlight: Editors' Pick

2. EncompaaS

Cloud based data privacy management solution provider. Features include automated governance on on-permis content repositories, cloud repositories, and cloud application services, AI based enterprise analysis, real time reporting, data management, duplicate management, and etc.

Key facts about EncompaaS

Founded Year: 2012
Location: Sydney (Australia)
Stage: Series B
Total Funding till date: $10.2M
Employee Count: 45 as on Jul 01, 2024
Investors: CVC Emerging Companies, Marshall Investments and 1 Other
Latest Funding Round: Series B, Oct 08, 2021, $*****
Highlight: Editors' Pick

3. GlamCorner

Online rental platform offering luxury fashion products. The product catalog includes gowns, playsuits, jumpsuits, maternity wear, and other fashion accessories. It allows customers to browse through the collection of dresses and book the dress online.

Key facts about GlamCorner

Founded Year: 2012
Location: Sydney (Australia)
Stage: Series B
Total Funding till date: $17.5M
Employee Count: 56 as on Jul 01, 2024
Investors: Partners For Growth, AirTree and 3 Others
Latest Funding Round: Series B, Oct 28, 2020, $*****
Highlight: Editors' Pick

Marshall Investments has invested in 3 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Upcover and most recent follow-on round was in GlamCorner.

Here are Marshall Investments' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	1	0	1
2024	0	0	0
2023	0	0	0
2022	0	0	0
2021	1	0	1
2020	0	1	1
2019	0	0	0
2018	0	0	0
2017	1	0	1

View all investments by Marshall Investments

Marshall Investments has made 1 investment in Conventional Debt stage with an average round size of $8M, 1 investment in Series A stage with an average round size of $4.2M and 1 investment in Series B stage with an average round size of $10.2M.

Here are Marshall Investments' investments by stage:

Stage of entry	No. of Investments
Conventional Debt	1
Series A	1
Series B	1

Note: We have considered here, only first round of investments

View all investments by Marshall Investments

Marshall Investments has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, InsurTech and Retail. Notably, it has invested in 3 Tech companies, 2 Enterprise (B2B) companies, 1 Consumer (B2C) company and at least 1 company focusing on Saas.

Here are Marshall Investments' investments by sector:

Sector	No. of Investments
Consumer	1
Enterprise Applications	1
FinTech	1
InsurTech	1
Retail	1

Note: We have considered here, only first round of investments

View all investments by Marshall Investments

Marshall Investments has made most investments in Australia (3).

View all investments by Marshall Investments

Marshall Investments has not made any investment in 2026 so far.

Here are the most recent investments by Marshall Investments:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Feb 10, 2025	Upcover	Australia	Conventional Debt	1176	-
Oct 08, 2021	EncompaaS	Australia	Series B	2765	Future Now Capital [+1]
Oct 28, 2020	GlamCorner	Australia	Series B	2782	AirTree [+3]
Jul 25, 2017	GlamCorner	Australia	Series A	5874	AirTree [+2]

See more recent investments made by Marshall Investments

Over the past 9 years, 12 investors have co-invested in Marshall Investments's portfolio companies. This includes funds and angels.

Invested before Marshall Investments: Antler, Colin Morgan and 2 others have invested in rounds before Marshall Investments. There is 1 company where Antler has invested before Marshall Investments and 1 company where Colin Morgan has invested before Marshall Investments.
Top Co-investors of Marshall Investments: 7 investors entered a company along with Marshall Investments. These include investors like RealVC (1 company).
Invested after Marshall Investments: Treis (1 company) is the only investor which has invested in Marshall Investments's portfolio after their investments.