AMP New Ventures invests in the next generation of technology that is reshaping how people and businesses use financial services.

About AMP New Ventures

AMP’s corporate venture fund AMP New Ventures invests in and partners with early-stage technology businesses that are building transformative or disruptive technologies and business models in financial services and adjacent markets to where AMP operates. AMP offers its deep industry expertise, customer distribution channels, and operational capabilities to technology companies with a view to identify opportunities in new markets, invent new investment and insurance solutions, enhance customer experience, and help AMP create new value for its customers.

Our focus areas

AMP New Ventures invests in startups that are reshaping the future of financial services. Our industry arenas of focus:

  • Expertise
  • Insurance
  • Debt
  • Property
  • Health & well-being

We are also interested in adjacent markets and enabling technologies where AMP’s reach and scale can provide an advantage, such as big data, digital delivery of financial services, blockchain applications and next-gen investment platforms.

Our investment mandate

Investment stage
  • Seed to early stage
  • Typical cheque size of $500k to $3.5m
Investment structure
  • Minority stakes
  • Open to co-investment
  • Lead or follow
  • Priced rounds or convertible notes
  • Standard documents and terms
Geographical coverage
  • Australia and New Zealand
  • International

How we can help

AMP provides us a unique opportunity to help our portfolio companies realise their potential. Examples of how we can support include:

  • Leveraging the strength, trust and reach of Australia and New Zealand's leading superannuation, life insurance and financial advice provider.
  • Access to AMP’s Australian and New Zealand customer base.
  • Drawing on our domain experience and business expertise.
  • Distribution through Australia’s largest financial advice network.
  • Business development opportunities within AMP.
  • Reach into key Asian markets through AMP’s partnerships with MUTB and China Life.

Our portfolio

Cloud-based HR Platform

Thematic Investing Service

Personal Financial Management

SMSF Administration

SMSF Accounting Software

SMSF Accounting Software

Our ecosystem involvement

Mentor

Mentor

Sponsor

Mentor

Mentor

Mentor

Sponsor and Mentor

Sponsor

Mentor

Our team

Chief Innovation Officer
Head of AMP New Ventures
Head of Technology Innovation
Senior Manager - Ventures

Jonathan Deane

Chief Innovation Officer

Jonathan is the Chief Innovation Officer at AMP. His key responsibilities include building AMP’s Human Centred Design (HCD) capabilities and overseeing AMP's corporate venturing activities. As the lead of AMP New Ventures he aims to accelerate the company’s growth and innovation strategy, focusing on venture investing, sponsorship of the ecosystem, and bringing a startup mentality to the enterprise. Jonathan also looks to partner with and influence business units across the organisation to support our portfolio companies as well as discover and launch new growth initiatives within the business. Jonathan has been with AMP since 2000 having originally joined its UK based asset management subsidiary Henderson Global Investors. Prior to this he spent 10 years in investment banking and venture capital working extensively across financial services.

Jonathan holds a Bachelor of Science (Hons) in Psychology, an MBA from Ashridge and is a graduate of Stanford Design School.

LinkedIn: Jonathan Deane
Twitter: @JD_SYD

Alfred Lo

Head of AMP New Ventures

Alfred joined AMP in 2015 as Head of AMP New Ventures where he leads AMP’s local and international corporate venture capital activities. He brings over two decades of operational, entrepreneurial and investment experience to his role. Alfred previously lead Singtel Innov8's corporate venture capital activities in Australia (Optus-Innov8) and has been involved in the startup ecosystem as a founder, investor and advisor since 2000. Prior to Optus, Alfred founded a location-based advertising startup and was General Manager of Australian cleantech hardware startup Rainpure. During his career, Alfred has held various strategy and consulting roles at PwC, EDS and Austcorp. In addition to his role at AMP, Alfred is a mentor with accelerator programs including Startmate, Incubate and Springboard and has been recognised as one of Australia’s Top 50 startup influencers.

Alfred holds an MBA from the Australian Graduate School of Business (AGSM), a Bachelor of Commerce with Merit from UNSW and is a Chartered Accountant.

LinkedIn: Aflred Lo
Twitter: @apglo

Tom McCutcheon

Head of Technology Innovation

Tom is the Head of Technology Innovation at AMP and is tasked with sourcing, experimenting, and driving business value from new technologies. Tom brings over 15 years of technical experience to AMP New Ventures and is instrumental in scanning first, second and third horizon technology frontiers and assessing their potential to reshape AMP’s core business and financial services more broadly. By leveraging the capabilities within AMP and his knowledge of technology trends and their implications Tom helps our portfolio companies in their pursuit to shift the paradigm in their respective industries. Tom has held numerous roles at AMP since joining in 1999, including responsibility for IT architecture during the merger of AMP and AXA. As part of his current role Tom is highly active within the tech and startup ecosystem and is a regular attendee of domestic and international tech conferences on behalf of both AMP New Ventures and in his capacity as Head of Technology Innovation for the AMP Group.

Tom holds a Bachelor of Science (Business Information Technology) from UNSW.

LinkedIn: Tom McCutcheon
Twitter: @tommcc

Rob Dunn

Senior Manager - Ventures

As a Senior Manager within AMP New Ventures Rob helps to identify and screen investment and partnership opportunities with early stage startup businesses as well as support our portfolio companies. Joining AMP in 2010, Rob has worked in a diverse range of business areas before joining AMP New Ventures in 2016, including CFO/COO at MoneyBrilliant, AMP’s Design & Innovation practice, and various Banking Product and Operations divisions. Rob was trained at Boston’s Continuum Innovation as a qualified Human Centred Design (HCD) Practitioner. Prior to AMP he worked in risk management and assurance at PwC. Outside his role at AMP, Rob mentors at UTS’s incubator program Hatchery+ and at the Sydney fintech Startup Weekend.

Rob holds a Bachelor of Business from the University of Technology Sydney and is a Chartered Accountant.

LinkedIn: Rob Dunn
Twitter:
@rob_dunn01

Senior Manager - Ventures
Investment Associate
Investment Analyst
Investment Analyst

Camilla Goucher

Senior Manager - Ventures

Camilla is a founding member of AMP New Ventures. She is responsible for helping portfolio companies succeed and leverage the strategic benefits of having AMP as an investor. Before moving into AMP New Ventures in 2013, Camilla worked in AMP’s Group Strategy team, where she drove a strategy for AMP’s transition to becoming a customer-centric and agile organisation. Prior to AMP Camilla held various strategy and consulting roles at PwC. Camilla is a mentor at Stone and Chalk.

Camilla holds a Master of International Economics and Finance and a Bachelor of International Relations from the University of Queensland.

LinkedIn: Camilla Goucher
Twitter: @camillagoucher

Daniel Wypler

Investment Associate

Daniel joined AMP New Ventures as an Investment Associate in 2016. Previously Daniel worked for H2 Ventures focusing primarily on Australian and US fintech investments. Daniel started his career as an FX Trader for Gain Capital; working in New York, London, and Sydney. He brings diverse experience to the team having worked on both sides of the table, he has founded multiple companies, most recently a VC backed fintech in Australia focusing on currency rates for travellers. Daniel is highly active in the ecosystem as a mentor at UTS’s incubator program Hatchery+, the H2 Accelerator, and various startup weekends.

Daniel attended Rutgers University in the United States and studied Environmental Business Economics.

LinkedIn: Daniel Wypler
Twitter: @wypler

Justin Liang

Investment Analyst

Justin is an Analyst at AMP New Ventures where he assesses investment opportunities and covers frontier tech trends. In 2011, whilst at university Justin built a music events company for university students which he later sold, and has since served in multiple sales and finance roles including AMP’s M&A and Operations divisions.

Justin holds a Bachelor of Economics from UNSW.

LinkedIn: Justin Liang
Twitter: @justin_liang1

Jeronimo Harrison

Investment Analyst

Jeronimo is an engineer at heart and is passionate about new technologies reshaping the way services and products are delivered. He commenced his career at Telstra in their Global Enterprise and Services business unit that provides technical solutions to multi-nationals. Following this Jeronimo pivoted into financial services joining AMP in their Insurance and Superannuation division before later moving into the AMP New Ventures team as an Analyst in 2016.

Jeronimo holds a Bachelor of Mechanical Engineering (Hons. Class 1) and Commerce from the University of Sydney.

LinkedIn: Jeronimo Harrison
Twitter: @JeronimoH91

Contact us

Naturally we place great weight on referrals to us by people we trust, whether they are entrepreneurs and investors we have a strong relationship with or people in our wider network. So if possible, it is best to find a warm introduction.

However, we are always excited to hear from passionate and driven entrepreneurs and do our best to review all pitches. If you wish to get in touch with our team and explore how we can help you grow your venture please tweet or email us:

Email: new_ventures@amp.com.au

Twitter: @amp_nv

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