Internal Server Error

About Utilism

Utilism is a venture capital firm founded in 2010. It is primarily based out of Australia. It primarily invests in Australia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Retail. Overall, Utilism portfolio has seen 2 unicorns, 1 IPO and 7 acquisitions including key companies like Go1, Tyro and Spaceship.
Key Metrics
Portfolio Count
Portfolio Locations
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns

Utilism's List of Top Investments

Utilism has a portfolio of 42 companies, including 2 unicorns. Their most notable investments include Go1 and Relay.Their portfolio spans across Australia, United States, United Kingdom and 2 more locations. They have invested in Enterprise Applications, FinTech, Retail and 18 other sectors. Here is the list of top investments by Utilism:

1. Go1

Cloud-based LMS platform for multi-industry. The product allows employers to manage the training portal and works on an aggregation model that enables users to add courses from the marketplace, create a new course with the company materials, or upload existing content. The platform provides solutions for government, enterprises, and content creators.

Key facts about Go1

Digital business banking platform that helps small businesses manage cash flow with multi-account structures. It lets businesses create multiple checking and savings accounts to organize cash flows by purpose—such as payroll, taxes, income, and operating expenses—giving owners clearer visibility and control over spending. It includes tools for issuing debit and credit cards, setting spending limits, automating expense categorization, managing payables and receivables, and integrating with accounting systems. It also offers savings features and cash management workflows intended to help businesses build reserves and improve financial discipline.

Key facts about Relay

  • Founded Year: 2018
  • Location: Toronto (Canada)
  • Stage: Series C
  • Total Funding till date: $102M
  • Employee Count: 372 as on Jul 31, 2026
  • Investors: Industry Ventures, JCJ Capital and 12 Others
  • Latest Funding Round: Series C, May 19, 2026, $*****
  • Highlight: Editors' Pick

3. Tyro

Provider of POS solutions for retail stores. It enables businesses for accepting payments using credit, debit, gift, loyalty, and medicare cards. It provides contactless payments with its tap-and-go features. It also provides a dashboard for monitoring and managing transactions.

Key facts about Tyro

Spaceship provides an app-based superannuation fund for individuals to invest in technological companies. It offers a thematic investment platform which enables users to invest savings in the portfolios of technology companies. Offers Global Index and Growth X funds comprising of Australian and International shares. It charges administrative fees based on the investment amount. the app is available on Android and iOS platform.

Key facts about Spaceship

  • Founded Year: 2016
  • Location: Sydney (Australia)
  • Annual Revenue: $50M - $100M as on Mar 31, 2023
  • Last Known Valuation: $*****
  • Stage: Acquired
  • Total Funding till date: $31.1M
  • Employee Count: 69 as on Jul 31, 2026
  • Investors: Sequoia Capital, Jungle Ventures and 15 Others
  • Latest Funding Round: Series A, Aug 20, 2020, $*****
  • Highlight: Acquired
AI-powered risk intelligence for internal controls and audit. It enables finance and audit professionals to build the AI-powered finance department of the future. It set the standard for innovation, scalability, and customer satisfaction.  It provides real-time data analytics, pattern recognition, and anomaly detection solutions to help organizations to save time and money. The features of the product include risk identification, data analysis, error, anomaly detection, and more.

Key facts about MindBridge

Unicorns in Utilism's Portfolio

Utilism has 2 unicorns in its portfolio - Density and Go1. The most recent unicorn in their portfolio is Density. It became a unicorn in 2021, 4 years before Utilism first invested in it.
Here is a list of unicorns in Utilism's portfolio:
Tracxn Score
Company
Short Description
Founded year
Sector
Location
Company Stage
First Investment/ Acquisition Details
52
SaaS-driven solution that tracks foot traffic in merchant stores
2014
San Francisco
Series D
nnhavyb
80
Cloud-based LMS platform for multi-industry
1998
Brisbane
Series D
{ktikrf

IPOs and Publicly Listed companies in Utilism's Portfolio

1 of Utilism's portfolio company became public -  Tyro. It got listed on the Australian Securities Exchange (ASX), in Dec 2019 at marketcap of $916M
Here are Utilism's portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
Dec 06, 2019
-
-
5040

Acquired companies in Utilism's Portfolio

7 companies from Utilism's portfolio have been acquired. The most recent acquisition was Aider in Sep 2025 by Karbon for $*****.
Here are Utilism's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Sep 30, 2025
-
-
2959
Apr 22, 2025
-
-
6731
Dec 11, 2024
-
-
5461
Sep 26, 2024
-
-
1447
Sep 14, 2023
-
-
6403

FAQs about Utilism

Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford