Constant Innovation

Profile

Constant Innovation is an early stage venture capital firm based in Mount Waverley, Victoria. It was established by the original founders of carsales.com Ltd after its public listing. The firm is managed by a team of experienced entrepreneurs and executives, who have collectively founded, operated, and exited successful technology businesses. They aim to back inspiring entrepreneurs by providing not only financial capital but also management expertise. The team includes prominent members such as Steve Kloss, the CEO, and Nicole Roebuck, who focuses on reviewing new opportunities and growing the value of existing investments.

Constant Innovation focuses on investing in high-growth technology sectors, including online disruptors, internet services, and software. It looks for business models that offer scalable and recurring revenue and niche opportunities where founders have relevant experience. The firm primarily invests in early stage businesses and emphasizes rapid scalability and substantial market potential. While specific check sizes are not disclosed, their investment approach suggests an emphasis on early-stage funding opportunities, likely in the $1-5 million range.

Some notable investments by Constant Innovation include Pentana Solutions - dealership and distribution solutions, carsales.com - automotive internet services, Eric Insurance - insurance services, and Fillr - B2B forms. Other portfolio companies include Cracka Wines, Feedvisor, and Service Seeking. These investments underline their focus on technology-driven businesses aiming for high growth.