Full Circle Venture Capital

Full Circle Venture Capital is an entrepreneur-led Australian venture capital firm founded in 2016 and headquartered in Teneriffe, Brisbane, Queensland. The firm provides Series A funding to high-growth Australian technology startups, building value-added partnerships between investors and founders. The two-general-partner team is led by Rowan Grant — a serial entrepreneur, chartered accountant, and MBA graduate from QUT who previously worked as an investment associate at Steve Baxter's Transition Level Investments — and Dan Gavel, a serial entrepreneur who sold his financial advisory business in 2013 and established Black Sheep Capital, one of Queensland's most active angel and seed investors. Black Sheep Capital's prior investments include Airtasker and Sendle. Full Circle looks for software companies with revenue and strong growth that need venture capital to expand to the next phase. The firm leads rounds and has invested in six companies. Its most notable outcome is Go1, an online workplace learning platform, which became a unicorn in 2021 — four years after Full Circle's initial investment. Other portfolio companies include Sendle, a parcel delivery service for small businesses; Valiant Finance, an SME lending marketplace in which Full Circle led a $12.5 million Series B alongside Salesforce Ventures; and mpathic, the most recent first-time investment. Full Circle's founding partners bring direct operational experience building and exiting technology businesses, which shapes a hands-on approach to supporting founders through the challenges of scaling a business. The firm's Brisbane base and Queensland ecosystem focus give it access to a pipeline of capital-efficient, high-growth companies that tend to receive less attention from Sydney and Melbourne-centric investors.