We started Rampersand
because the alternatives
weren't good enough.
In 2013, Paul was an operator who kept meeting brilliant ANZ founders, and kept watching them try to raise from funds that didn't understand them, didn't show up, and often didn't keep their word. We thought: we could do this better.
We started small – Fund 1 was $5.4m invested, raised from people who'd worked with us before. The mandate was simple: back ambitious ANZ founders earliest, stay close, keep promises. Twelve years on, the mandate hasn't changed. The cheques are bigger, the team is bigger, the network is bigger, but the fundamentals are the same.
We've lived through two booms and three downturns. We've lost money, made money, pivoted with founders, led down rounds, celebrated IPOs, and closed a few companies with dignity. The thing that survived all of that – and the thing we're proudest of – is our reputation. Ask the founders we've backed. The answer should always be the same.