Search company, investor...

Predict your next investment

Angel Investor (Individual)

Investments

8

Portfolio Exits

1

About Adam Schwab

Headquarters Location

Want to inform investors similar to Adam Schwab about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Latest Adam Schwab News

Gandel family, Adam Schwab buy into B2B payments player

Sep 29, 2022

Share Business-to-business payments and rewards platform Pay.com.au has scored the attention of some high-profile investors, with the likes of the Gandel family, Adam Schwab and Bell Potter’s Hugh Robertson tipping in cash. The company, which was founded in 2020 by the founders of Point Hacks Ed Alder and Damien Waller, Pay.com.au provides companies with a credit card to use for business payments, enabling them to earn rewards points which can be spent on luxury items like watches and cars, or flights with Qantas and Singapore Airlines. It also offers a travel booking service to help customers use their points on business class flights. Co-founder of Luxury Escapes Adam Schwab is one of the new investors in Pay.com.au  The start-up appointed Bell Potter to manage the raise and was originally targeting $3.5 million, but increased the round to $5 million due to demand. “The capital raise will accelerate our technology platform development and customer acquisition strategies, which will cement our position as the number one B2B payment platform in Australia,” Alder said. “The business continues to grow with $10 million-plus in transactions in the past week, and with growth of 15 per cent per month, the business will be cash flow positive within a short time period.” It offers tiered subscription pricing plans, with a free basic plan, followed by an $85 per month regular subscription and a $165 per month premium subscription. These paid options have lower transaction fees for the credit card usage and gives users access to travel booking and points advice services. Yolanda Redrup is an award-winning senior journalist who writes on technology, healthcare and occasionally covers Street Talk from our Melbourne newsroom. Connect with Yolanda on Twitter . Email Yolanda at yolanda.redrup@afr.com Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au Anthony Macdonald co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. He has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter . Email Anthony at a.macdonald@afr.com Save

Adam Schwab Investments

8 Investments

Adam Schwab has made 8 investments. Their latest investment was in Pay.com.au as part of their Angel on September 9, 2022.

CBI Logo

Adam Schwab Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/29/2022

Angel

Pay.com.au

Yes

Adam Schwab, Hugh Robertson, and Undisclosed Angel Investors

2

12/9/2021

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

3/17/2021

Series A

Subscribe to see more

Subscribe to see more

10

9/17/2019

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

6/1/2019

Angel

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/29/2022

12/9/2021

3/17/2021

9/17/2019

6/1/2019

Round

Angel

Seed VC

Series A

Seed VC

Angel

Company

Pay.com.au

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$99M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Adam Schwab, Hugh Robertson, and Undisclosed Angel Investors

Sources

2

10

10

10

10

Adam Schwab Portfolio Exits

1 Portfolio Exit

Adam Schwab has 1 portfolio exit. Their latest portfolio exit was Bookwell on February 02, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/2/2022

Acquired

$99M

4

Date

2/2/2022

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

4

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.