Address
165 Riley Street, Darlinghurst NSW, Australia
Paloma is the leading venture studio in the ANZ (Australia and New Zealand) region. Their team of over 100 professionals has built a venture portfolio valued at over AUD $250 million, contributing significantly to the success of notable companies like Afterpay, which was acquired for over a billion dollars. As a venture studio, Paloma fosters the development of high-growth companies by partnering with exceptional founders at the early stages of their ventures. Their model of co-creation supports startup founders in establishing product-market fit and gaining substantial traction. Paloma provides an internal product development team until the startup can operate independently. The venture studio boasts a remarkable success rate with 87% of their ventures reaching the $1 million ARR milestone and 90% raising over a million in capital. They have been instrumental in creating over 200 jobs and have currently ten ventures in progress. Paloma is not limited to any specific industry; they embrace a wide range of sectors including fintech, disability services, and chemicals. The studio's venture capital arm invests in nascent companies with potential to become market disruptors, focusing on founders with innovative visions, determination, and domain expertise, ensuring their involvement aligns strategically for shared success.