BLACK SHEEP CAPITAL

One of Australia’s most experienced early-stage technology startup investors.

Invested
by Stage

Invested
by Stage

Pre-Seed

30%

Seed

40%

Series A

30%

Typical Investment Size

*Indicative only and subject to change

Pre-seed

100k

Seed

250k

Series A

500k

Portfolio Successes

$200M
2

Over $200M &
2 this year

$200M
2

Capital Raised by Companies

Exit Events

We are focused on identifying exceptional founders with deep domain expertise building scalable technology companies. We’re willing to provide hands on support from day one to day done – this is what sets us apart from the rest.

Meet Our Team

THE BLACK SHEEP CAPITAL

Portfolio

We’ve invested as early as Concept/Pre-seed and as late as Series B.

Our portfolio of investments are featured below:

failed
exit by IPO
failed
failed
acquired
failed

WHAT

our founders say

Black Sheep Capital have an investment philosophy.

 

We believe in a “be the most helpful investor” approach to early stage technology investing, where it is our role to support founders through all stages of their journey as best we can. As high conviction and thematic driven investors, we see incredible potential in the founders we invest in and their vision, and work closely with them to provide the best opportunity to succeed. No problem is too big or small.

We commit time, energy and our combined knowledge to help accelerate the growth of our portfolio companies. We work closely with our founders, other investors and our team to ensure we help accelerate the transition from 0-1 and add value at all stages of growth. Our terms are industry standard, our intentions clear and honest. We employ principle based investment decisions from day 1 to day done.

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THE BLACKSHEEP

Team

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Dan Gavel

DIRECTOR
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Dan Gavel

DIRECTOR

Daniel Gavel is an entrepreneur and investor who has founded a number of businesses including early stage investment firm Black Sheep Capital, leading Queensland property developer Golden State Property, and venture capital firm Full Circle Venture Capital.

Dan started out in financial advisory, growing his own practice before exiting the industry in 2013 and establishing Black Sheep Capital to invest in early-stage tech companies and other assets. Today, Black Sheep Capital is one of Australia’s most active angel and seed investors, and has funded a wide range of startups including Airtasker, Sendle and Go1.

Dan plays an active role backing and mentoring startups, and contributing to the development of Australia’s innovation eco-system. He brings his commercial acumen and strong corporate networks to his investment activities, and believes strongly in the power of collaboration in helping new ventures grow to their full potential.

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Paul Osborne

DIRECTOR
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Paul Osborne

DIRECTOR

Over the last 10 years Paul has amassed extensive experience in property investment in Australia as well as in south East Asia. More recently, Paul has been a key driver in the establishment and diversification of the Black Sheep portfolio to the startup capital sector. Paul has a scientific background having completed a Bachelor of Applied Science (Chemistry) at the Queensland University of Technology (QUT) and a Bachelor of Science – Honours(First Class) at the University of Melbourne.

Paul is a Director at Black Sheep Capital. In this role, Paul provides oversight and strategic direction across the innovation investment portfolio. Paul is intimately involved in the selection and negotiation of new investments at Black Sheep Capital and in growing the Black Sheep’s presence and brand in the micro Venture Capital space.

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Daniel Winter

Investment Director
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Daniel Winter

Investment Director

Daniel is an experienced business strategist having invested a majority of his career in local and global management consulting. While working in management consulting Dan developed extensive business and technology expertise by leading strategic projects within the Resources, Technology, Mobile Applications, Finance and Digital sectors.

In addition to his experience as a business strategist Dan has invested a large amount of his time developing and working with technology start-ups, having built his first tech business while still in university.

Latest

Features

Dan will be Mentoring in EnergyLab's Scaleup Program

5th June 2020

Family becomes 'energy nerds' to bring down power bills

5th June 2020

A new way to buy electricity and unlock the value of renewable energy | Utility Magazine

5th June 2020

Salesforce, ANZ back Valiant to grow SME lending

5th June 2020

A MYOB co-founder just backed a $26 million Series B for an accountancy software startup - Startup Daily

5th June 2020

Renewable Energy Start-Up Attracts Funding For East Coast Expansion - AFR

10th September 2019

Our Investment in Notiv.com

10th June 2019

Australian Financial Review – Notiv Announcement

3rd June 2019

Black Sheep’s 2019 Investment Strategy

29th March 2019

Sendle raises $20M Series B

29th January 2019

Sendle inks major deal with DHL

19th September 2018

GO1 Founders tell their Story

12th September 2018

Our Investment in Valiant Finance

3rd September 2018

Practice Ignition partners with Canva

29th August 2018

Why we backed Amber Electric

29th August 2018

ResponSight launches new partner program

14th August 2018

GO1 Raises $10M Series A

13th August 2018

Sendle Launches Price Guarantee

11th April 2018

Airtasker Partners with Coles Australia

11th December 2017

Airtasker raises $33 million to hit the UK

10th October 2017

GiggedIn – a new player in live music

10th October 2017

Airtasker enhances platform trust technologies

8th August 2017

Sendle secures its first international partnership

13th June 2017

Black Sheep invests in Practice Ignition

29th May 2017

Ikea teams up with Airtasker

19th May 2017

Sendle stands up to Aus Post

15th May 2017

Blacksheep invests in Go1

11th December 2016

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