INVESTOR NOTES / 001ANGEL INVESTOR / Sydney, Australia
KNOW THE INVESTOR. SHARPEN THE PITCH.

Angel investor · Sydney, Australia

Scott Farquhar.

Recorded investments.
A clearer sense of fit.

Find where your company fits, how rounds are assembled, and what happened after the first investment.

THE ENTRY PATTERN2016–2026
20%

of dated first investments
were at Angel, Pre-Seed or Seed

First investment stage across 5 companies1 Seed, 0 Angel and 4 other-stage entries. Each dot represents one company.
Seed 1Angel 0Other 4

One dot = one company at first recorded investment.

5 companies · 8 recorded equity rounds
Dataset’s latest round 22 May 2026/Latest recorded investment 24 Jun 2021
THE FOUNDER’S BRIEF

Read the pattern before the pitch.

Written insights from the recorded portfolio, with the evidence linked below.

01

Start with the first entry

Scott Farquhar has dated investments in 5 companies. 1 first entries were at Angel, Pre-Seed or Seed (20.0%). An early-stage founder can use the sector and stage filters to find comparable companies before approaching the investor.

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02

Separate activity from reputation

0 first company relationships appear in the latest 24 months, compared with 0 in the preceding window. The latest recorded investment is 2021-06-24. This describes observed activity through 2026-05-22; it does not establish current availability.

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03

Plan the next financing step

3 of 5 companies with a full 24-month observation window raised another equity round. This investor backed 2 of those companies again within that window. The difference is a reason to research the wider syndicate, rather than assume the same investor will fund the next round.

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04

Use a specific point of relevance

Employee Engagement is the largest displayed sector by company count, appearing in 2 portfolio companies; sector tags overlap. 0 first entries carry a recorded lead flag and the median first-round syndicate includes 3 other named backers. Shared rounds are evidence of co-investment, not evidence of an introduction route.

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01 / THE READOUT

Four signals before you pitch.

Start with observed behavior.
Every rate has a defined denominator.

01 — ROUND CONTEXT
$11M–$50M

The middle half of entry rounds

25th–75th percentile across 5 disclosed first rounds. Total round size; the investor’s own cheque is undisclosed.

Size your round ↗
02 — NEW RELATIONSHIPS
0companies

First investments in the last 24 months

22 May 2024–22 May 2026, versus 0 in the preceding 24 months.

See the rhythm ↗
03 — NEXT FINANCING
60%

Another equity round within 24 months

3 of 5 companies with a full observation window. The next round can include any investor.

Follow the path ↗
04 — REPEAT BACKING
40%

This investor invested again within 24 months

2 of the same 5 companies. Build a financing plan around the wider investor market.

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02 / FIND YOUR FIT

Where does your company sit?

Choose your sector and stage to find
companies he first backed in that space.

YOUR COMPANY

A match means a recorded investment in this category. It does not establish current interest or availability.

5matching companies
$23Mmedian first round (5 disclosed)
0first backed in last 24 months

All sectors · All entry stages. Round amounts are total financing, in USD.

Series B

Tonkean ↗

Provider of AI-based workflow automation software

$50M total first round
Seed

Pyn ↗

Employee communication tool

$8.0M total first round
Series A

1Password ↗

Cloud based platform for remote access software

$200M total first round
Explore matching portfolio companies ↓

The sector × stage map

First investments · companies can appear in more than one sector
Number of first investments by sector and entry stage. Select a cell to explore companies.
SectorSeedSeries ASeries BAll stages
Employee Engagement2
Future of Work2
HR SaaS2
HRTech2
Business Process Management Software1
Low Code BPM1
Cybersecurity1
03 / ROUND DESIGN

The round around the investor.

Use stage-specific financing ranges
to frame the size of your syndicate.

First-round size, by entry stage

USD · middle 50% and median
Seed1 disclosed
$8.0M$8.0M–$8.0M
Series A1 disclosed
$200M$200M–$200M
Series B3 disclosed
$23M$17M–$37M
$10K$100K$1M$10M

Logarithmic scale. A dot marks the median; the band spans the 25th–75th percentiles. These are entire rounds, not individual cheques.

04 / WHAT HAPPENS NEXT

One investment. Two different paths.

A subsequent round and repeat backing
answer different fundraising questions.

5
companies with 24 months
of observable history

Raised another equity round

Any investor · within 24 months
60%
3 of 5 companies

Backed again by this investor

A subset of the companies above
40%
2 of 5 companies
i

Includes first investments on or before 22 May 2024. 0 newer companies and 0 undated histories are excluded. Follow-up stops at the dataset’s latest round on 22 May 2026. These observations do not measure returns or predict a company’s outcome.

See the stage-by-stage denominators +
First stageEligible companiesNext round ≤24 moSame investor again ≤24 mo
Seed10 / 10 / 1
Series A11 / 11 / 1
Series B32 / 31 / 3
05 / INVESTMENT RHYTHM

New names. Returning relationships.

Separate first investments from later
rounds in companies already backed.

New companiesRepeat rounds

*2026 is partial, through 22 May. Bar height counts first investments + repeat rounds; earlier years are complete calendar periods in this dataset.

06 / THE CO-INVESTOR MAP

Who else belongs on your research list?

Frequent shared rounds suggest a place
to investigate sector and stage alignment.

01
FIRM

Accel

4 shared rounds · 3 companies

Latest shared round Jun 2021
02
FIRM

Blackbird Ventures

3 shared rounds · 1 companies

Latest shared round Apr 2020
03
FIRM

Index Ventures

3 shared rounds · 1 companies

Latest shared round Apr 2020
04
FIRM

Skip Capital

3 shared rounds · 3 companies

Latest shared round May 2021
06
FIRM

AirTree

1 shared rounds · 1 companies

Latest shared round Oct 2019

Shared rounds establish recorded co-investment. They do not establish a personal connection, introduction route, or current willingness to invest.

07 / THE EVIDENCE

Explore the portfolio.

First investment comes first.
Amounts refer to that entry round.

5 dated companies
Complete dated portfolio, ordered by first investment, newest first.
CompanyFirst backedEntry stageTotal entry roundSame investor again?
Tonkean ↗Tel Aviv
Jun 2021Series B$50MNo later round recorded
Pyn ↗Sydney
May 2021Seed$8.0MNo later round recorded
Nov 2019Series A$200MYes · May 2021
Oct 2019Series B$11MNo later round recorded
Oct 2016Series B$23MYes · May 2018
0 more companies have undated investments

Kept in the 5-company portfolio; excluded from entry-timing calculations.

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