Dr Michelle Deaker

Founding & Managing Partner, OneVentures
Michelle Deaker built one of Australia's earliest fintechs, first woman to found a VC in the Southern Hemisphere, a hands-on mentor who helps scale-ups navigate the second valley of death.
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Dr Michelle Deaker
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Health
SaaS
Fintech
Education
AI
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About Dr Michelle Deaker

Michelle Deaker built one of Australia's earliest fintech companies before founding OneVentures, becoming the first woman to launch a venture capital firm in the Southern Hemisphere, and she now also serves on the Reserve Bank of Australia's Payment Systems Board. She takes a hands-on approach with the companies she backs, focuses on helping scale-stage businesses get past what she calls the second valley of death, and has built OneVentures with gender parity across the firm.

About their Fund

Sectors
Health, SaaS, Fintech, Education, AI
Rounds
Series B+
Avg Check Size

OneVentures is a venture capital fund that helps scale tech and healthcare companies through both equity and venture debt, an area it has pushed harder than most Australian VCs, including managing Victoria's Venture Growth Fund and turning an $8.8 million stake in Employment Hero into $116 million. It stands out as a female-led fund with a 50% women investment team, and its own reporting highlights specific realized returns, such as $116.2 million from Growth Fund II, rather than just general claims of backing successful companies.

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