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Join us in backing the next generation of B2B software leaders

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Fund V_

Asset Class

Venture Capital

Stage

Series A

Focus

B2B Software

Structure

Tax Free Gains for Australian Investors^

Approach

Actively Managed, Concentrated Portfolio

Alignment

Material Partner Commitment

Fund Overview

Fund V will target $100M to partner with approximately 12 early-stage mission-critical B2B software companies. Capital will be called thoughtfully over approximately four years, allowing us to maintain our disciplined approach to finding the right partnerships.

ESVCLP fund structure

EVP’s funds are structured as ESVCLPs, offering eligible Australian investors significant tax concessions, including a 10% offset on invested capital and tax-free capital gains.

Investment highlights

EVP has delivered strong and consistent performance over multiple funds. Across all investments EVP has generated a gross MOIC of ~3.3x and a gross IRR of ~27%.
EVP Fund V will build a concentrated portfolio of the best emerging AI-enabled B2B software companies in Australia and New Zealand. We partner with exceptional founders with proven products that are built for global markets. Join us to double down on a proven strategy at an opportune moment
Express Interest

Investment Strategy

Fund V will invest early in AI-enabled B2B software businesses with high margin subscription revenue, strong retention metrics and exceptional growth. We back world class founding teams building novel software solutions with global market potential.

Fund Overview

The Fund will make high conviction investments in a concentrated portfolio of 10-15 B2B software businesses at the Series A stage, targeting meaningful ownership stakes in each company. The Fund will call capital progressively over the first four years based on investment requirements.

ESVCLP Fund Structure

EVP Fund V is structured as an Early Stage Venture Capital Limited Partnership (ESVCLP), offering eligible Australian investors significant tax concessions, including a 10% offset on invested capital and tax-free capital gains.^

Track Record

EVP has delivered strong and consistent performance over multiple funds.^ A detailed track record is available upon request.

Fund Overview

Fund V will target $100M to partner with approximately 12 early-stage mission-critical B2B software companies. Capital will be called thoughtfully over approximately four years, allowing us to maintain our disciplined approach to finding the right partnerships.

ESVCLP fund structure

EVP’s funds are structured as ESVCLPs, offering eligible Australian investors significant tax concessions, including a 10% offset on invested capital and tax-free capital gains.

Investment highlights

EVP has delivered strong and consistent performance over multiple funds. Across all investments EVP has generated a gross MOIC of ~3.3x and a gross IRR of ~27%.
EVP has a longstanding track record as a specialist early stage software investor_

$900m

Total Asset Value^

5

Funds^

17

SPVs^

54

Current Portfolio Companies^

Tax Free

Gains for Australian Investors^
What our founders say_

Alex Colvin

Pendula

“EVP has been a huge driver of helping us formulate other capital events. The business has raised $11 million, and EVP contributed $2 million of that 11. Though every other dollar we’ve raised, EVP has been involved in some way.”  

Glenn Elliott

Practifi

“I think EVP punches above its weight, I really do. It’s a boutique fund and not a huge number of people, but the capability in each individual and across the team is really beyond the sum of the parts.”

Ready to Learn More?

Express Interest
^ The Fund comprises EVP Fund V LP (ESVCLP) and EVP Fund V Trust. ESVCLP tax concessions, including a non-refundable tax offset of up to 10% on capital contributions and tax-free gains on eligible investments, are only available upon unconditional registration and do not apply to the Trust. The Trust is intended to be treated on capital account, subject to MIT eligibility. All data is as at 30 June 2025, may be unaudited and unrealised, and includes valuation estimates only. Data includes the founding portfolio, which predates the formal establishment of EVP, unless stated otherwise.
Disclaimer: This information should be read in conjunction with the Information Memorandum (IM) and Investor Presentation, in particular the risks of investing set out in the IM. The IM and Investor Presentation are available from the Manager and can be obtained by emailing invest@evp.com.au. This information is general information only and is intended only for persons who are wholesale clients as defined in section 761G of the Corporations Act 2001 (Cth). It is not an offer or invitation to invest and should not be relied upon by investors in making an investment decision.