Cavalry Ventures

We strive to fuel economic growth and accelerate change by backing diverse founders with a global ambition. We are not just investors, we empower change-makers. We know what it takes to build a global business and we accelerate transition from local markets to global markets at every stage. We are a multi-stage investment manager. We seek to partner with extraordinary teams and aspire to support them throughout their journey. We are local investors with a global reach. Our local presence helps us identify teams with groundbreaking visions to reach above and beyond. Venture Capital: Launch & Scale We manage three early-stage funds investing in disruptive technology companies that can scale in global markets. Our early- stage funds are committed to maximize returns for all our stakeholders. We go beyond just being a financial investor; we have the experience, know-how and an overachieving team to provide the necessary support to succeed. In doing so, we leverage our strategic expertise in transforming businesses and our global community of investors, industry leaders and executives. Syndicate: Strategic Growth We partner with our invitation-only consortium of like-minded investors to invest in high-growth technology companies primarily from Series A and beyond. Our investors benefit from having the opportunity to co-invest alongside our funds in pre-screened opportunities without spending any time on legal documentation.

We’ve built products and made them profitable. We still do. But now we invest in our fellow builders. Investing in products, not ideas 115 years ago, Wright brothers did it right - their Flyer One became the first plane to take off and land successfully. Today at Flyer One Ventures, we invest in doers - extraordinary founders who are not scared of setting ambitious goals, who build complex products, reach significant traction and solve big global problems. Avg investment sizeSeed stage: $100K-500K Series A: $500K-1M

Archangel is a small team of venture capital professionals that invests in early stage technology businesses predominantly in Australia. We have no limits as to where we look for great founders and over 25% of the companies we back have a female founder and over 60% a founder from a non-English speaking background. We are proud of the 35 companies we have backed who are making an impact in a range of industries.

The importance of who you select as your funding partners is one of many critical decisions a founder will make. We know it is entrepreneurial ambition that drives value, not venture capitalists, which is why we appreciate the importance of funder and founder alignment. Our investment is a partnership; we work alongside you to extend your team’s capacity by adding tangible value where we can. Sometimes that’s getting in the trenches and other times it’s having the humility to step back. HOW WE INVEST We don’t waste founders' time. We believe being founder friendly means acting with conviction. In or out, we’ll tell you. We run a strict four week investment process with stage gates at the end of each week. REVENUE GENERATING: Near term or in revenue businesses that have low burn rates and are focused on building a solid cash-flow business STAYING POWER: We look for companies that have a durable competitive advantage - we shy away from the proverbial “land grab” as the only source of differentiation FOUNDER FIRST: We look for “storm chasers” who can solve hard problems with the least amount of work BUSINESSES WE UNDERSTAND: We invest in companies where we can add tangible value; identifying logical partners, talent acquisition, scaling/growth pain points WHAT WE DOSTAGE: Pre-Seed through A CHEQUE SIZE: $500k - $5M GEO: Canada, Globally (specific verticals) SECTOR: Agnostic BOARD: Preferred, but not mandatory LEAD: We lead the majority of our rounds FUND PERFORMANCE We release our fund performance to help founders determine if we are the best partner for their company. Our job begins, not ends, when we make an investment and we believe that if our funds aren’t performing, we aren’t doing our job supporting founders. You can read more about why we release our fund performance here.

We follow a repeatable process - defining a hypothesis, researching and testing it vigorously, assembling the world class team to build a product, iterating the solution to find product-market and go-to-market fit, and then hatching and scaling breakthrough businesses. We build companies primarily based on our own ideas and with our infrastructure and initial teams. As such, we can grow businesses faster and have a much higher success rate. We’ll Get There by… Obsessing over our customers We build insanely great products that make our customers’ lives better. We provide a perfect customer experience - every time. We build diverse teams to ensure our products and services reflect the perspectives, experiences, and needs of all our potential customers. Empowering our team of Experts We attract best-in-class talent across a variety of disciplines, that share our mission, motivation, and sense of purpose, to form great teams. We give each other high trust and high agency. We speak directly to each other and are grateful for feedback. We are dynamic is how we place talent into new challenges and evolving opportunities across the portfolio. We will build a positive, motivating, high-performance culture. Leading with a bias for Impact We solve challenging problems at unprecedented speed. If we can’t find a way, we make a way and battle through, around and over obstacles. Our immediate reaction is to help and we default to “yes”.