H2 Ventures

H2 Ventures is a Sydney-based venture capital firm founded in 2013 by brothers Ben Heap and Toby Heap, based at the Sydney Startup Hub at Level 8, 11 York Street. The firm invests in founding teams from day zero, becoming venture partners for life and providing not just capital but networks, mentoring, and operational guidance to bold early-stage entrepreneurs with game-changing ideas in fintech, data, and AI. H2 operates Australia's only dedicated fintech, data, and AI accelerator, running 20-week programs with 10 to 16 teams per intake. H2 has invested in 52 companies over 11 years, averaging two new investments annually, with a team of four including three partners. Typical check sizes are in the pre-seed to seed range. The portfolio spans Australia, the United States, India, and other markets, with 23 investments in fintech and 14 in enterprise applications. Notable portfolio companies include Stockspot (Australia's first fully online automated investment adviser), Simply Wall St (visual investing decisions tool), Equitise (Trans-Tasman equity crowdfunding), Spriggy (kids fintech prepaid card app), Edstart (peer-to-peer education financing), FloodMapp (flood intelligence), and Forage (student talent hiring), which was acquired by EAB in April 2024. H2 is also known for publishing the Fintech100 annual report jointly with KPMG, listing the world's top 50 established and 50 emerging fintechs. The Heap brothers operate with a philosophy of taking the riskiest leaps alongside founders at the earliest possible stage. Their deep fintech-specific expertise, accelerator infrastructure, and long-standing reputation in the Australian startup ecosystem give H2 Ventures a distinctive positioning as the market's go-to institutional partner for fintech and data founders seeking their first institutional backing.