Eastend Ventures

Profile

Eastend Ventures is an early-stage venture capital firm based in Adelaide, Australia. Founded by Josh Garratt, JD Sheard, and supported by a core team including Sarah Shelton, Ava Sheard, and Gina Woodman, the firm is committed to supporting founders in South Australia, Western Australia, and Queensland. Their focus lies in underrepresented regions within Australia, aiming to unlock potential through capital and strategic support. Brad Feld chairs their Limited Partner Advisory Committee, bringing his expertise in fostering growth outside major innovation hubs.

Eastend Ventures invests in B2B technology across a variety of sectors including defence, space, biotech, resources technology, and SaaS. The firm writes checks from angel through growth stages and manages assets totaling $30 million from Eastend Ventures Fund 1. Their investment scope is geographically focused on certain Australian regions that historically receive less venture funding, backed by institutions such as Funds SA and over 50 investors from Australia, Singapore, and the US. Their unique ESVCLP structure allows for tax-free capital gains.

Notable portfolio companies include Priori Analytica, an AI-based analytics firm working with NATO; Nitrosend, an AI-native email marketing platform; Heatseeker, a product-market fit insights provider; JACK App, specializing in construction SaaS; and BlueNexus, offering middleware for AI applications. The firm's track record shows an investment of $8.1 million across seven early-stage companies, emphasizing international exit opportunities.