About Costa Asset Management
Costa Asset Management is a venture capital firm founded in 2011. It is primarily based out of Geelong, Australia. As of Mar 2021, Costa Asset Management has invested in 12 companies. It primarily invests in PE round in Australia based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to Environment Tech and Enterprise Applications. Most recently it participated in the $***** PE round of LABform Overall, Costa Asset Management portfolio has seen 2 acquisitions, namely Symple and GoFARM. Costa Asset Management has team of 7 people including 6 partners.Key Metrics
Costa Asset Management's List of Top Investments
Costa Asset Management has a portfolio of 12 companies. Their most notable investments are in LABform and Symple.Their portfolio spans across Australia and United States. They have invested in Food and Agriculture Tech, Environment Tech, Enterprise Applications and 6 other sectors, across stages such as PE, Series B and 1 more. Here is the list of top investments by Costa Asset Management:_1580727663403.png?format=webp&height=120&width=120){kind=logo}
1. Symple
Online marketplace for consumer loans. It offers multiple consumer loan products including personal loans, debt consolidation loans, credit card refinancing, car loans, medical loans, travel loans, home improvement loans, and more with customized terms, amounts, and repayment options. Users must add the required details and apply for the loan. Once approved, the funds are transferred to the registered bank account.
Key facts about Symple
- Founded Year: 2018
- Location: Hawthorn (Australia)
- Stage: Acquired
- Total Funding till date: $36M
- Employee Count: 16 as on Jul 01, 2024
- Investors: National Australia Bank and Costa Asset Management
- Latest Funding Round: Series D, Feb 22, 2021, $*****
- Highlight: Acquired
2. Swiim
Irrigation solutions: design, construction, repair, precision, water management, and consulting. Specializing in comprehensive irrigation services, the company offers expertise in system design tailored to specific project needs, efficient construction using owned equipment, and reliable repair and maintenance. The Precision Irrigation division focuses on automated scheduling, environmental controls, fertigation, data logging, and system monitoring for sustainable and efficient systems. Agricultural water treatment solutions remediate fouled systems, ensuring peak performance of micro-irrigation investments. Water management consulting services help growers prioritize water use. The company provides certified irrigation specialists for evaluations, testing, energy analysis, yield prediction, technology recommendations, and water planning. This includes services for berry, cannabis, and greenhouse irrigation systems.
Key facts about Swiim
- Founded Year: 2009
- Location: Denver (United States)
- Stage: Series B
- Total Funding till date: $8.84M
- Employee Count: 24 as on Dec 31, 2022
- Investors: THRIVE, Costa Asset Management and 1 Other
- Latest Funding Round: Conventional Debt, Jul 16, 2018, $*****
- Highlight: Editors' Pick
3. LABform
SaaS-based regulatory solutions for financial institutions. It provides SaaS-based regulatory solutions to financial institutions. It provides solutions such as customer identification and verification, KYC and AML solutions, risk and compliance management, and more. It offers solutions to fund managers, stockbrokers, foreign exchange businesses, banks, and more.
Key facts about LABform
- Founded Year: 2009
- Location: Melbourne (Australia)
- Stage: Funding Raised
- Employee Count: 38 as on Jul 01, 2024
- Investors: Costa Asset Management and GCI
- Latest Funding Round: Conventional Debt, Oct 24, 2023, $*****
- Highlight: Editors' Pick
4. GoFARM
Transforming Australian agriculture through investment, development, and sustainable management. The company identifies and transforms underutilized agricultural assets to their highest potential. Expertise includes land-use change, asset reconfiguration, and investment in people, technology, productivity, and sustainability. They focus on responsible agriculture, aiming for better social, environmental, and financial outcomes. Operations span horticulture, broadacre cropping, wine grapes, and almond orchards. They are building a dedicated team committed to reshaping agriculture, emphasizing leadership and transformation. The company acts as an agricultural investor, developer, and manager, underpinned by a purpose to transform Australian agriculture. They are stewards of Australian land and water.
Key facts about GoFARM
- Location: Melbourne (Australia)
- Stage: Acquired
- Employee Count: 23 as on Jul 01, 2024
- Investors: Costa Asset Management
- Highlight: Acquired
5. Unigrain
Key facts about Unigrain
- Founded Year: 2006
- Location: Newtown (Australia)
- Stage: Funding Raised
- Employee Count: 87 as on Jul 01, 2024
- Investors: Costa Asset Management
Costa Asset Management's Year-on-Year Investment Trends
Its most recent first time investment was in LABform.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 0 | 0 | 0 |
2017 | 1 | 0 | 1 |
Costa Asset Management's Investments by Stage
Costa Asset Management has made 1 investment in PE stage, 1 investment in Series B stage with an average round size of $4.5M and 1 investment in Series C stage with an average round size of $11M.Stage of entry | No. of Investments |
|---|---|
PE | 1 |
Series B | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Costa Asset Management's Investments by Sector
Costa Asset Management has a diverse portfolio, with companies operating in the FinTech, Consumer, Enterprise Applications, Environment Tech and Financial Services. Notably, it has invested in 3 Enterprise (B2B) companies, 3 Tech companies, 1 Consumer (B2C) company and at least 1 company focusing on Marketplace.Sector | No. of Investments |
|---|---|
FinTech | 2 |
Consumer | 1 |
Enterprise Applications | 1 |
Environment Tech | 1 |
Financial Services | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Costa Asset Management's Investments by Geography
Costa Asset Management has made most investments in Australia (2), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
Australia | 2 |
United States | 1 |
Note: We have considered here, only first round of investments
Costa Asset Management's recent investments
Costa Asset Management has not made any investment in 2026 so far.Here are the most recent investments by Costa Asset Management:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 16, 2021 | Australia | PE | 7701 | - | |
Dec 09, 2019 | Australia | Series C | 1428 | - | |
Sep 06, 2017 | United States | Series B | 7406 | - |
Acquired companies in Costa Asset Management's Portfolio
2 companies from Costa Asset Management's portfolio have been acquired. The most recent acquisition were Symple in Aug 2021 by Latitude Group for $200M.Here are Costa Asset Management's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 09, 2021 | Dec 09, 2019 | Series C | 6465 | |
Jun 19, 2020 | - | - | 3898 |
_1580727663403.png?devicePixelRatio=2&height=20&width=20){kind=logo}
Team profile of Costa Asset Management
Costa Asset Management has a team of 7 members including 6 Partners and 1 Principal located in Australia. Costa Asset Management's team does not sit on the board of any company as of now.Here is a list of all team members in Costa Asset Management:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Melbourne | - | ||
Partner | Melbourne | - | ||
Partner | Melbourne | - | ||
Partner | Australia | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Principal | - | - |
Co-investors of Costa Asset Management
Over the past 9 years, 3 investors have co-invested in Costa Asset Management's portfolio companies. This includes only funds.
- Invested before Costa Asset Management: National Australia Bank and GoFARM have invested in rounds before Costa Asset Management. There is 1 company where National Australia Bank has invested before Costa Asset Management and 1 company where GoFARM has invested before Costa Asset Management.
- Invested after Costa Asset Management: GCI (1 company) is the only investor which has invested in Costa Asset Management's portfolio after their investments.
Recent News related to Costa Asset Management
•
Carbon startup Sensand raises $6 million to make carbon credits transparent for farmersStartup Daily•Jul 07, 2023•Senseand, GoFARM, Costa Asset Management
•
LAB Group secures capital raise from Costa Asset ManagementFinextra•Mar 16, 2021•LABform, Costa Asset Management
•
