Investment and Support
How We Invest and Support Our Founders
Galileo Membership.
Flexible pre-seed and seed investment terms.
Galileo offers our founders robust support – we call it Galileo Membership.
Life Time Membership,
On-Demand Support.
It starts off with fortnightly meetings with the founders (we don't take board seats), setting strategy, holding you accountable and pulling in support as and when you need it.
Coaches to support you with sales, hiring, product and more.
Helping you build core functions of Leadership, Sales, Hiring, Product, Marketing and Fundraising.
We help you with what you need, not a one-size-fits-all program.
Founder-only events for insider insights.
Membership gives you access to all of this over the lifetime of your company.
Follow-on fundraising support and introductions to the top local and global VCs.
Supporting you with your deck, investor list, and connecting you with VCs who best suit the next stage of your growth – local and international.
A few things that set us apart.
Investing in Diverse U30
First-Time Founders
"No BS Feedback"
We Provide
Executive Coaches
Advice from Active Founders
& Operators
Our investment process.
Submit Your Pitch Deck
Meet the Team
Term Sheet and Diligence
Founder Support Starts
Tell me more:
frequently asked questions.
What are the Galileo investment terms?
We invest on flexible terms. Our typical investment offer is to lead your pre-seed or seed round with a A$240,000 up to $500,000 investment for approximately 8-12% equity stake in your company. Post-investment we charge a refundable one-off program membership fee of $40,000+GST. This funds our round legal costs, founder support operations and founder conferences (and holds our support accountable to you!).
Typically this equates to a A$2-4 million post-money valuation, but we are flexible on valuation. See our guide to raising your seed round for more information on how to approach your valuation. We wire you the money as soon as diligence is completed and we execute final docs. We prefer an equity investment but can invest with a convertible note or SAFE.
What stage does my company have to be at to receive investment?
Ideally, 'post-idea/concept' with early results in your user or customer traction. Read our 'too early' blog post for more. Startups should have an early product in market (ie a minimum viable product) as the focus of the program is go-to-market strategy.
We aim to invest before many VCs would be comfortable. We do this because we can provide tailored support through our founder support program.
Regardless, we are always happy to hear from you at any stage of your startup. It might not be a fit right now, but we will happily let you know if that’s the case and help where we can.
Do you invest in US or non-AU companies?
Yes we can invest in non-AU companies but we invest mostly in Australian companies. Our investment mandate requires us to mostly invest in Aussie tech companies, but it does not matter which state or city you are in.
Does my company have to pay for Galileo membership?
Yes. Membership fee is one-off and covers round legal costs, membership program resourcing, events and benefits. It is refundable if you don't think you have received value.
Do we have to relocate to Melbourne or Sydney to receive investment?
No. There are no relocation requirements.
Do you lead the next round?
No. Galileo will help you raise your next round and help you access a large follow-on investor network.
Galileo primarily invests your first round and will follow on our investment in future rounds. Our goal is to help you directly at the early stage, and then connect you to outside investors who can support you as you reach the next stage of growth.