1V Venture Credit Fund IV

The 1V Venture Credit Fund reached final close on 30th June 2020 raising $80M. The Fund is a collaboration with Viola Credit of Israel and will provide circa $120M in debt financing for high-growth technology companies predominantly in Australia and New Zealand.

The Fund is focused on rapidly growing companies that are differentiated through technological innovation, with strong revenue growth. In particular, OneVentures is looking for companies operating in the SaaS, fintech, marketplace and e-commerce spaces, who are led by exceptional founding teams and generating >$3-5M in revenue.

Venture credit (also referred to as venture debt) is attractive to companies seeking a less dilutive financing option, or companies looking to incorporate debt within the funding mix of their capital raising round. It provides a longer capital runway, allowing companies more time to achieve important milestones before a subsequent round of financing. In the same way as our equity investments, the OneVentures team will continue to provide insight, network and strategic knowledge to the investee company.

The Fund is seeking technology companies with a strong product market fit, investing $500K to $10M per company and making 20 investments.