x15ventures will launch 25+ businesses by 2024
We’re a dynamic venture-scaler, designed to bring to life the next generation of digital solutions.
Our approach
We support experienced entrepreneurs, providing guidance and access to the customer base and distribution networks of Australia's leading bank.
This new way of actively partnering with the innovation and tech community, empowers our most inspiring innovators, and is reshaping banking as we know it
We’re harnessing the innovation potential and agility of startups but building with scale and safety in mind, leveraging the assets of CommBank.
Connectivity
Tap into CommBank’s 15 million customers, market-leading digital consumer platforms, and merchant networks spanning the globe.
Expertise
We open the door to venturing world leaders in tech, cyber security, risk and product strategy to supercharge growth and Commbank's unparalleled payments capability.
Backing
Stand out from the pack with pre-seed to scale funding and access to balance sheet funding from one of Australia's most recognisable brands.
Our Mission
We support innovators to create tech businesses
How we'll get there
What’s a venture-scaler? Well for us, it means we're not your typical VC fund - we have the mandate to build, acquire and invest-in early stage digital endeavours that can scale through CommBank’s assets.
Our Targets:
Ventures
25+
Customers
3m+
Returns
2-3x
Our Focus Areas
Home & Housing
01
New modalities in housing - beyond the rent vs purchase dichotomy
Everyday Living
02
Beyond payments - creating value from linking consumers and merchants
Small Business
03
Making it easier and more efficient run a business
