Nick is the CEO of Blue Cove Ventures - www.bluecoveventures.net - which he established in 2007. Nick has a strong heritage in IT Investments and has a long track record of helping to build and grow software and web companies. Prior to founding Blue Cove Ventures he was co-founder of Quivalent an e... More
Nick is the CEO of Blue Cove Ventures - www.bluecoveventures.net - which he established in 2007. Nick has a strong heritage in IT Investments and has a long track record of helping to build and grow software and web companies. Prior to founding Blue Cove Ventures he was co-founder of Quivalent an email and blog marketing company behind www.zookoda.com. In March 2007 Zookoda was sold to Izea www.izea.com (formerly PayPerPost) the leading marketplace for Consumer Generated Advertising.
From 2002-2004 he was Director - Asia/ Pacific for Wily Technology www.wilytech.com - Wily Technology provided performance monitoring and management solutions for enterprise java applications. Nick established their presence in the Pacific and helped them to identify, evaluate, mentor and manage their partners in Japan, Korea and Australia. Wily Technology was sold to CA (NYSE: CA) for US$375M in Jan 2006.
In 2001-2002 he was VP Strategy for Soulmates Technology. This company provided multi-lingual, multi-currency private-label ASP dating solution for MSN. Nick was instrumental in engineering a trade sale for Soulmates to Interactive Corporation (NASDAQ: IACI) the owner of Match.com for US$24M in April 2002. Nick introduced the two founders to each other in 1998 and became the first non-family angel investor behind the company.
From 1997-2001 he was Director - Asia / Pacific for Allaire (now owned by ADBE - NASDAQ: ADBE). He was responsible for establishing distribution for Allaire throughout the Pacific. During his tenure Allaire grew globally from US$9M in Revenue (1997) to over US$100M in 2001. In 1998 he participated in Allaire's successful IPO on NASDAQ.
From 1993-1996 he was based in Hong Kong as Director - Asia for Claris Corporation (owned by Apple Computer and now called FileMaker, Inc.). Once again he was responsible for the establishment of Claris' distributor and channel network in the region. Nick is also a successful angel investor and business mentor for a number of early stage ventures.
Nick has an Honours Degree in Computing in Business from The University Huddersfield in the UK.
Capital Angels Australia - Ideal Startup Investment
The Capital Angels seek investment opportunities that reflect the knowledge powerhouse that is the ACT Region. Opporunities that are associated with the Capital's research institutions and that have a deep IP base are particularly welcome. However, any company that views Canberra as its stepping stone to the global marketplace is encouraged to consider taking a Capital Angel along for the journey.
Capital Angels Australia Invests In These Industries
• Biotechnology
• Media and Entertainment
• Business Products and Services
• Medical Devices and Equipment
• Clean Technology
• Mobile
• Consumer Products and Services
• Nanotechnology
• Electronics / Instrumentation
• Software
• Gaming
• Telecommunications
• Industrial/Energy
Capital Angels Australia Invests In Companies That Have Reached The Following Milestones
Product In Development - $3M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
Capital Angels Australia Invests In Companies With These Funding Needs
Pre-money Valuation: AUD500,000 - AUD2,000,000
Capital Seeking: AUD50,000 - AUD1,000,000
Previously Raised: AUD0 - AUD0
Capital Angels Australia Expects Their Investments To Generate
Expected Revenue By Year 5: - Not Entered
Expected Returns: 5x Investment - 15x Investment
Expected Years to Exit: 2 Years - 5 Years
Expected Years to Break Even: 1 Year - 2 Years
Capital Angels Australia Investment Portfolio
Last 12 Months
CIMTECH Pty Ltd
Group's Activity
Applications in last 30 days: 2
Days average screening time: 6
Until first view: 12 hours
Member log ins in last 30 days: 33
Active members: 19
New members last 12 months: 6
Average views per deal: 15
Deal Funnel - Last 12 Months
New
100%
In Progress
100%
Invested
14%
Group's Industry Expertise
Clean Technology (21
%)
Internet / Web Services (16
%)
IT Services (16
%)
Business Products and Services (16
%)
Software (16
%)
Biotechnology (16
%)
Computers and Peripherals (11
%)
Financial Services (11
%)
Mobile (11
%)
Electronics / Instrumentation (11
%)
Education (11
%)
Telecommunications (11
%)
Media and Entertainment (11
%)
Other (5
%)
Lifestyle (5
%)
Networking and Equipment (5
%)
Healthcare Services (5
%)
Medical Devices and Equipment (5
%)
Industrial/Energy (5
%)
Marketing / Advertising (5
%)
Sports (5
%)
Consumer Products and Services (5
%)
Semiconductors (5
%)
Ask to Join as an Investor
Are you an accredited investor? Ask to join Capital Angels Australia by filling out their Membership Application.