As excitement builds for Scalare Partners' impending ASX debut, the firm has officially opened its offer. Scalare, a pioneering tech accelerator, is looking to raise up to $8 million, with an anticipated market capitalisation of approximately $26 million. The listing marks a milestone for both Scalare and the Australian tech ecosystem, positioning the firm as the first ASX-listed tech accelerator.
A track record of high returns
Founded in 2020, Scalare Partners has built an impressive track record, delivering a 298% total return since inception. The company has invested in 27 startups so far, with a steady rate of eight new investments per year. Scalare’s success lies in its holistic approach to nurturing scalable startups by providing more than just capital. Scalare offers startups access to its diagnostic platform, advisory services, and community programs, creating a comprehensive ecosystem designed to spur growth.
Among its portfolio are promising companies such as Zondii, Brauz, and Loyalty Republic, each of which contributes to Scalare’s growing reputation as a key player in the startup acceleration space.
Multiple revenue streams
Scalare's revenue model is diverse, drawing from various streams to ensure long-term financial health and growth. The company generates income from:
- Investment returns: Gains from its portfolio of startups
- Exit gains: Capitalising on successful exits
- Fractional product and advisory fees
- Membership fees for development programs and exclusive events
This diversified approach offers Scalare resilience against market volatility while providing strong growth potential.
Strategic use of IPO funds
The funds raised through Scalare’s ASX listing will be channelled into three primary areas of expansion:
- Investments in new and existing portfolio companies: This will help accelerate the growth of current investments while enabling Scalare to add high-potential startups to its portfolio.
- Expansion of the Tech Ready Women program: A core initiative for the company, this program supports female entrepreneurship in tech. Scalare plans to scale this initiative nationwide in Australia and expand it into the United States, unlocking new opportunities for women in the tech industry.
- Fast-tracking technology development: Funds will also be used to digitise Scalare’s products and services, a move that will enhance the efficiency of its offerings and further boost scalability for both the company and its portfolio startups.
Scalare Partners’ listing presents an unprecedented opportunity for investors. By participating in this IPO, investors gain early access to a diversified portfolio of tech startups, all within the framework of the first publicly listed tech accelerator on the ASX. With its proven track record and clear growth strategy, Scalare offers significant potential for investors looking to capitalise on the rapidly evolving tech startup landscape.
