Growth Credit
Flexible funding for high-growth technology companies.
Debt facilities from $1M – $15M+ with the network and expertise of an established multi-strategy VC behind every deal.
Extend your runway
Buy more time to hit your next milestone.
Fund research & development
Keep your roadmap moving and your product ahead.
Finance your acquisitions
Fund growth by acquisition, without slowing down.
Finance your business exits
Fund the path to your next chapter.
Bridge to profitability
Reach cash-flow positive on your own terms.
Smooth working capital swings
Keep momentum steady as you scale.
Josh Foreman
CEO & Founder, InDebted
We chose growth credit to support our global growth strategy.
OneVentures understood our objectives and moved quickly to execute our plans, structuring the facility in tranches to minimise interest payments and maintain control over our cash flow, while allowing us to scale our financing up or down in response to uncertain M&A outcomes.
Our approach
We understand technology businesses and structure credit around how they grow.
Technology investors first
As part of a $1B+ multi-strategy VC firm, we understand technology business models, growth trajectories and how capital needs change as companies scale.
Capital structured for growth
Growth isn’t linear. Our covenant-light facilities and flexible tranches are built for shifting priorities and capital needs as you grow.
Trusted by founders & VCs
Deep relationships with founders and VCs mean we’re trusted to support businesses across multiple facilities and stages of growth.
Pat Lynch
Principal, Scale Ventures
We’ve seen first-hand how OneVentures can be a great partner to our clients.
The 1V team approaches each deal as a growth partner, structuring facilities that support scale, minimise dilution and create a more growth-oriented capital structure for the future.
Criteria for Entrepreneurs
We partner with scaling technology companies.
Series A+
Stage
$3M – $5M+
Recurring revenue
Australia & New Zealand
Operating in
Institutionally backed
Preferred
Not every box needs a perfect tick. We’re business model agnostic, and if you’re scaling with recurring revenue, profitable or not, we want to hear from you.
Where OneVentures fits in
Behind our funding sits deep sector expertise, a global investor network, and the ability to keep supporting your growth long after the loan is drawn.
John Croll
CEO & Co-Founder, Truescope
We chose the Growth Credit Fund because OneVentures brings a disciplined, supportive approach that aligns well with scaling a technology business.
Working with the OneVentures Growth Credit Fund has been a very positive experience for Truescope. Their credit process was thorough, transparent, and strongly focused on how we are growing the business. The due diligence was professional and detailed, giving us confidence in their understanding of our model and strategy.
Our Portfolio
Our Investment Team
As a firm that invests across both equity and credit, we match the right capital to the right opportunity and fuel founders’ growth.
Nick Gainsley
Partner, Head of Growth Credit
| Growth Credit
| Location: Sydney, AU
Nick heads OneVentures’ Growth Credit practice and serves on the investment committees for the Growth Credit and Growth Equity funds as well as the OneVentures Board.
With nearly 20 years of experience in growth credit investing and debt advisory, he has led over $500M in financing for more than 100 companies across sectors including SaaS, PropTech, FinTech, RetailTech and MedTech. Notable investments include Fleet Space, Shippit and HomeTime.
Before joining OneVentures in 2019, Nick was a Principal at Kreos Capital, Europe’s largest growth credit fund (now part of BlackRock), where he specialised in deal origination, execution and portfolio management. He began his career at KPMG in corporate finance, focusing on debt advisory and credit transactions.
He is a mentor in the AIC Women Mentorship Program and regularly shares his insights as a keynote speaker on Growth Credit and alternative financing.
Nick holds a Bachelor of Science (Hons) from Manchester University, a Diploma in Corporate Finance from the Institute of Chartered Accountants in England and Wales and a Diploma in Treasury Management (AMCT) from the Association of Corporate Treasurers (UK).
| BSc (Hons), AMCT
Justine Carzino
Principal
| Growth Equity & Growth Credit
| Location: Melbourne, AU
Justine is responsible for identifying investment opportunities in Victoria and supporting portfolio deals based in the region across both Growth Equity and Credit. She leads the OneVentures Victorian Growth Fund (VGF), which invests in the state’s most promising scale-up companies.
As a Board Observer and investor, Justine works closely with portfolio companies such as XYSense, Drawboard, AmazingCo and 6clicks.
Justine has over 15 years experience working with growth stage companies across capital raising, M&A and capital management. Previously, Justine was a Senior Vice-President at Deloitte Corporate Finance in Tokyo, leading domestic and cross-border transactions. Originally from Melbourne, she returned to Australia in 2021, bringing extensive M&A experience and strong local networks.
Justine holds a Bachelor of Commerce from the University of Melbourne, majoring in Accounting and Finance. She is both a Chartered Accountant and a Chartered Financial Analyst.
| BCom, CFA, CA
Mario Rojas
Investment Director
| Growth Credit
| Location: Sydney, AU
Mario is an Investment Director on the OneVentures Growth Credit team, where he is responsible for deal sourcing, evaluating opportunities, executing transactions and supporting portfolio companies as they scale and secure follow-on funding.
He has over a decade of experience across venture capital, growth investing and operating roles in Europe, Latin America and Australia, with a strong focus on B2B SaaS technology-enabled businesses and growth-stage companies.
Prior to joining OneVentures, Mario spent three years at Octopus Ventures in the UK as an investor in the B2B SaaS team, one of the most active venture investors in the UK and mainland Europe. During his time at Octopus, he invested in companies across the UK, Europe and Australia, including Pendula, an Australian SaaS company later acquired by Accel-KKR.
Before Octopus Ventures, Mario was COO at Equity Advisors, a Colombian fractional CFO and financial advisory firm, and earlier an Investment Manager at Axon Partners Group investing across Latin America.
Mario holds an MBA from the University of Oxford, where he served as Deputy Managing Director of the Oxford Seed Fund, a Master’s in Corporate Finance from CESA Colombia, and a dual degree in Industrial Engineering and Economics from Universidad de los Andes, Colombia.
| MBA, MCorpFin, BEng, BEcon
Ryan O’Dea
Investment Manager
| Growth Credit
| Location: Sydney, AU
Ryan is an Investment Manager on our Growth Credit team and is responsible for deal sourcing, evaluating opportunities, executing transactions and assisting portfolio companies in scaling and securing follow-on funding where appropriate.
He has worked on deals with companies such as Cascade and Biza.
Previously, Ryan worked at Wayflyer, a venture-backed fintech scale-up providing revenue-based financing to eCommerce brands. He led business operations and new product development, helping scale the company from 30 to 300 employees. Before that, he advised consumer goods and financial services clients as a consultant with McKinsey & Company.
Ryan holds a Bachelor of Science in Economics and Finance from University College Dublin.
| BSc (Economics & Finance)
Shawn Li
Investment Associate
| Growth Credit
| Location: Melbourne, AU
Shawn plays a key role in the Growth Credit team, contributing across the entire deal cycle through portfolio analysis, due diligence and guiding transactions at every stage.
Before joining OneVentures, Shawn worked in the strategy team at Accenture, focusing on growth, decarbonisation, M&A and technology. Prior to that, he worked at Uber as an Operations Associate, managing consumer behaviour and lifecycle across the Rides, Eats and CommOps teams.
Shawn holds a Bachelor of Commerce from the University of Melbourne, majoring in Economics and Finance. He represented his university in international case competitions in Norway and Thailand, providing strategic advice to multinational companies.
| BCom (Economics & Finance)
Matt Smith
CEO & Founder, MyPass
OneVentures’ Growth Equity team has been extremely supportive, and extending that relationship into Growth Credit provides the flexible capital we need to scale our platform. It’s a partnership that goes well beyond the balance sheet.
William On
Co-Founder & Co-CEO, Shippit
Being part of the 1V family has opened opportunities across the Australian investor community and their commitment to helping founders grow has been unparalleled – not only from a learning & development perspective but also connecting founders together in various stages of growth.
Mina Nada
CEO, Zoomo
Working with OneVentures and their partners Viola Credit to secure venture credit funding to support Zoomo‘s Series A round was a pleasure – Nick and the team were great to work with and the process was rigorous but fast.
Gary Zurnamer
CEO & Co-Founder, Vouch
The process from start to close with 1V was great! Ryan and Nick were our key contacts. They were clear, upfront about their diligence and responsive to the timeline we set together. I would highly recommend them and the 1V team.
Growth Credit FAQs
Growth credit is a flexible form of capital that complements equity.
It helps high-growth technology companies fund growth while preserving ownership and financial flexibility.
Growth credit and equity are complementary, and many founders use both.
Growth credit generally involves a smaller equity component (around a 0.5% warrant), a shorter term of 3 – 4 years with a set repayment schedule, and a faster process that can reuse materials from a recent equity raise. Equity typically involves a larger capital injection, a longer-term partnership, and no fixed repayment.
No. OneVentures backs companies still investing in growth ahead of profitability.
A well-structured mix of credit and equity is generally seen as a sign of financial discipline by future investors.
We understand technology businesses, so we take a flexible approach and structure each facility around how they actually grow. Funding comes as a term loan, sized from $1M – $15M, with room to scale further through co-investment alongside Viola Credit and LPs.
Most terms run 3 – 4 years, with an amortising repayment profile and the option to build in an interest-only period. Drawdowns can come as a single upfront amount or be released in stages as the business grows.
Our investment process is designed to move quickly.
We can issue a term sheet in as little as 1 – 2 weeks using a streamlined due diligence process that often leverages materials from your previous equity raise. We can also run legal documentation alongside confirmatory due diligence to help speed up funding.
Get in touch
Let’s talk about what’s possible.
Tell us where your business is heading and we’ll show you how growth credit could help you get there and what comes next.
Submit a pitch
Growth credit investment
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