In this episode of Add To Cart, we are joined by Matt Allen, CEO of Tractor Ventures. These guys offer revenue based finance, meaning that they can provide capital in return for payback (with interest) once you start generating the returns from the investment. This means founders don’t have to give away big chunks of equity to unlock growth. They’ve already got eCommerce leaders such as Kate Morris from Adore Beauty, Ed McManus from Deliveroo and Rob Ward from Quad Lock involved in the fund. In this ep we cover exactly how the Tractor Venture investment model works and the types of businesses it is most suited to. We also cover Matt’s observations around how male and female founded businesses differ, hear about the two Shopify apps that Tractor Ventures has backed and learn why Matt thinks moves like Afterpay’s acquisition will lead to non-linear growth for Australian innovation. 


Links from the episode

Tractor Ventures

Ora 

Principals by Ray Dalio

Startmate 

Syncio

Disco Labs

Submarine

Marvel

Square

Shopify Plus & JBHi Fi (sponsored)

Signet & Cheers Sweetie (sponsored)


Questions answered:

At what stage do you recommend founders start looking for investment capital? What do you look for when investing in eCommerce startups? What have you learnt from the big names you’ve been involved with, like Kate Morris from Adore Beauty and Ed McManus from Deliveroo?

This episode was brought to you by…  


Shopify Plus

Signet


About your co-host:


Matt Allen from Tractor Ventures

Matt Allen is a deeply experienced founder, operator, mentor and investor and the CEO of Tractor Ventures, a new vehicle for investing that offers founders revenue-based financing. Matt and his team at Tractor are grounded in the belief that secure founders make better business decisions; venture capital money simply isn’t the right fit for every business, so Tractor Ventures is filling a funding gap for ambitious founders who want to grow their businesses at a pace that suits them. As an angel investor, he has invested in 30+ companies as part of his portfolio, including BuildKite, Practice Ignition, Spaceship, Qsic, Kasada, Donesafe, Pin and Goterra. Matt is a three-times ex CTO, and led the VC portfolio at AWS for ANZ.


You can contact Matt at LinkedIn



Hosted on Acast. See acast.com/privacy for more information.

Twitter Mentions