Dr Michelle Deaker

Dr Michelle Deaker Email and Phone Number

Venture capital with an entrepreneurial, purposeful approach @ OneVentures
Dr Michelle Deaker's Location
Greater Sydney Area, Australia, Australia
About Dr Michelle Deaker

As the Founding Partner, Managing Partner, and Managing Director of OneVentures, a leading Australian venture capital firm with over $900M in funds under management, I invest in transformative businesses building for the future. My journey into venture capital followed a successful career as an IT industry business owner, entrepreneur, and angel investor. In 1999, I founded E Com Industries (www.giftvouchers.com), one of Australia’s first fintech’s which went on to become the leading prepaid card and electronic voucher provider in Australia, New Zealand and was expanding into the UK and South Africa when it was acquired in 2005 by UK listed company, Retail Decisions (LSE, RED), delivering a 4.6x return to investors and a 70% average IRR. Prior to E Com Industries, I also co-founded two businesses in Education and IT Services. With a focus on innovation that can make a real difference, I established OneVentures initially as my angel investment company and then transforming it into a venture capital firm in 2010 with my fellow founding partners, Paul Kelly, and Anne-Marie Birkill, closing our first fund in that year. Since then, OneVentures has launched 7 funds and built a remarkable portfolio across technology and healthcare. Notable investments where I have taken a deal lead or co-lead, and board roles include Employment Hero (Chairperson 2016-2023) (Fund II exit at 13x), Phocas Group, Vaxxas, Hatchtech (FDA approved), Smart Sparrow (sold to Pearson Learning) and more recently Buildkite. OneVentures, at the Australian Investment Council’s annual awards, received the Best Venture Capital Investment for both Hatchtech and Employment Hero and, at the World Vaccine Congress, the Best Venture Capital deal award for Vaxxas recognising syndicate, deal structure and investment potential. With expertise in global business expansion, I apply my 20+ years of experience developing high-growth technology companies to support the development of our OneVentures portfolio. Over this time, I have had the opportunity to serve on a range of boards - large and small, listed, and unlisted across the US and Australia, most recently joining as a member of the Payment System Board for the Reserve Bank of Australia. In 2022, I co-founded WinVC, a non-profit women-led initiative, focused on supporting the career trajectory of women investors in venture capital. I was also a founding advisory board member of Head over Heels (now Apropela) supporting women entrepreneurs. I also present the Venture Capital portion of the AIC’s Foundations of Private Capital Course.

Dr Michelle Deaker's Current Company Details
OneVentures

Oneventures

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Venture capital with an entrepreneurial, purposeful approach
Dr Michelle Deaker Work Experience Details
  • Oneventures
    Founding Partner And Managing Partner
    Oneventures Dec 2006 - Present
    Sydney, Nsw, Au
    OneVentures is one of Australia’s leading venture capital firms, with $600M in funds under management. But we do more than invest. We take companies to that all important next stage, by actively shaping their future. We apply our years of international experience, operational and executional expertise to accelerate the growth of our portfolio companies. A global growth focus drives our investment selection with our current portfolio including companies with truly innovative products tackling multi-billion-dollar problems, from needle-free vaccinations to virtual communications to adaptive e-learning. Game changers, that deliver lasting gains.Learn more at www.one-ventures.com.au As Managing Partner, Michelle is primarily responsible for the firms capital raising and is a Non-Executive Director of OneVentures portfolio companies Smart Sparrow (e-Learning), Incoming Media (mobile video AI) acquired by My Mobile Data, Employment Hero (HR Information Systems) and OneVentures representative for 8i (AR/VR). She is a former Director of Seven West Media (ASX SWM, Seven Network, Yahoo7!, West Australian News and Pacific). She is a past member of the AVCAL Venture Capital Working Group, NSW Government’s Taskforce for the Digital Economy and Advisory Board of Head over Heels, a non-profit organisation aiming to increase the representation of women leading high growth businesses. Michelle is a current member of Australian Institute of Company Directors (AICD) and Chief Executive Women (CEW).
  • Reserve Bank Of Australia
    Payment Systems Board
    Reserve Bank Of Australia Jul 2023 - Present
    Sydney, Nsw, Au
    The Payments System Board oversees the Reserve Bank's payments system policy, including policy in relation to clearing and settlement (CS) facilities.
  • Employment Hero
    Investor & Board Observer
    Employment Hero Nov 2023 - Present
    Sydney, Nsw, Au
    Employment Hero is an all-in-one HR and Employee Benefits SaaS platform, targeting SMEs. The company is an investee company of OneVentures. OneVentures sold a material position in the company in late 2023 returning 13x capital to OneVentures' Innovation and Growth Fund II. The company remains an investee through OneVentures' 1V Growth Fund V, co-investments and a continuation vehicle.
  • Employment Hero
    Board Chair
    Employment Hero Jan 2016 - Nov 2023
    Sydney, Nsw, Au
  • Winvc
    Co-Founder & Non Executive Director
    Winvc Nov 2022 - Present
    WinVC is a non-profit women-led initiative, focused on supporting the career trajectory of women investors in venture capital.
  • Buildkite
    Non Executive Director
    Buildkite Jan 2022 - Present
    Melbourne, Victoria, Au
    Buildkite is a continuous integration and continuous delivery platform used in DevOps for major technology and software firms needing highly secure, scalable development operating systems. The company is an investee company of OneVentures’ 1V Growth Fund V
  • Phocas Software
    Non Executive Director
    Phocas Software Jan 2018 - Present
    Sydney, New South Wales, Au
    Phocas is a global business intelligence and financial planning and analytics company that enables their clients to make data driven decisions. The company is an investee company of OneVentures Innovation and Growth Fund II.
  • Hatchtech Pty Ltd
    Alternate Non Executive Director
    Hatchtech Pty Ltd Jan 2010 - Present
    Camberwell, Victoria, Au
    Hatchtech’s product is XeglyseTM, a single application treatment for headlice. The company’s product received FDA approval in [2020] following a successful Phase III trial.
  • Smart Sparrow (Acq 2020)
    Non Executive Director And Board Chair
    Smart Sparrow (Acq 2020) Jan 2011 - Dec 2017
    San Francisco, California, Us
    Smart Sparrow was an ed-tech company bringing together powerful eLearning technology and learning design with a focus on higher education. The company was an investee company of OneVentures' Innovation Fund and was sold to Pearson Learning.
  • Seven West Media
    Non Executive Director
    Seven West Media Aug 2012 - Nov 2017
    Australia, Au
    Seven West Media (ASX SWM) is the leading, listed national multi-platform media business based in Australia. SWM comprises Seven Television, the leading free to air capital city television network; Pacific Magazines, the country's second largest magazine group by readership; Yahoo!7 one of the nation's most successful internet platforms, as well as Western Australia's leading newspaper, The West Australian and associated WA regional newspapers and radio stations.
  • Nicta
    Non Executive Director
    Nicta Apr 2010 - May 2016
    NICTA is Australia’s Information Communications Technology (ICT) Research Centre of Excellence and the nation’s largest organisation dedicated to ICT research. NICTA’s primary goal is to pursue high-impact research excellence and, through application of this research, to create national benefit and wealth for Australia. NICTA aims to be one of the world’s top ICT R&D centres. NICTA’s research addresses the technology challenges facing industry, the community and the whole nation. NICTA is recognised on the international stage and is strength comes from tightly linking both academic ICT research and industry innovation to achieve greater economic and social impact.Research areas of excellence include machine learning, optimisation, software systems, netowrks and computer vision. Business areas of excellence include broadband and the digital economy; Infrastructure, transport and logistics; and security and the environment.
  • Vaxxas
    Board Observer
    Vaxxas Jan 2010 - Jan 2015
    Brisbane, Au
    Vaxxas is commercialising a novel needle-free vaccination technology that dramatically enhances the performance of existing and next-generation vaccines. The company was an investee company of OneVentures' Innovation Fund (Fund I) and is a current investee company of OneVentures' Innovation and Growth Fund II and multiple continuation vehicles.
  • Advisory Roles (Mi-Pay, Datacastle Corp, Adgent007 Inc))
    Board And Advisory Roles
    Advisory Roles (Mi-Pay, Datacastle Corp, Adgent007 Inc)) Oct 2006 - Dec 2009
    Seattle, Wa, Us
    Mi-Pay (UK) - Mobile Payments - general advisory (2006-2007) - financial services - listed on AIM (June 2014)Datacastle Corp (US) - Secure data backup software (2007-2009) served on the Board for investors and supported the capital raising process of the company in Australia AdGent007 Inc (US) - International media content monetisation and technology - general advisory and support for Australian operations (2007-2008) - support with securing major contracts with Fairfax and capital raising for the Australian CEOBuzzNumbers (AU) - Social media monitoring and intelligence (2008-2010) - advisory board and founding shareholder - sold to Media Monitors 2012 (now iSentia ASX ISD)
  • Retail Decisions Plc
    Director Of Product Development
    Retail Decisions Plc Dec 2005 - Dec 2006
    Retained post sale of E Com to transition the E Com business into Retail Decisions. Responsible for global expansion of the technology platform and new business development activities in US and UK. Also responsible for supporting analysts around prepaid card technologies and business growth for the then publicly listed company.
  • E Com Industries
    Founder / Joint Ceo And Cto
    E Com Industries Dec 1998 - Dec 2005
    Started the business in 1998. Launched in 1999, E Com Industries (www.giftvouchers.com), became the leading prepaid card and electronic voucher provider in Australia, servicing over 100 major retail brands including Coles Myer and Woolworths, managing $700m in Australian retail liability and eventually expanding operations into the United Kingdom, South Africa and New Zealand. E Com was acquired by UK publicly listed company, Retail Decisions, in 2005, in a transaction returning to investors 4.6xcapital and an average IRR of 70%. Notably, E Com industries was one of only a handful of Australian companies that successfully migrated the dotcom boom and crash through to a successful outcome for investors.
  • Networks Beyond 2000
    Ceo And Founder
    Networks Beyond 2000 1996 - 1998
    Networks Beyond 2000 was a computer hardware and software services business. It's development provided the opportunity to gain an understanding of the emerging internet and the opportunities that lead to the foundation of E Com Industries / www.giftvouchers.com
  • Canberra Tertiary Tutoring College
    Founding Partner
    Canberra Tertiary Tutoring College 1993 - 1994
    Canberra Tertiary Tutoring focused on specialist science tutoring programs for higher eduction
  • Csiro
    Education Program Coordinator
    Csiro 1993 - 1994
    Acton, Act, Au
    I worked part-time for CSIRO education programs and corporate public affairs while completing my PhD. The position included the Doubled Helix science club, the BHP Science Awards, the CSIRO student research scheme and liaising with media, universities and research organisations.

Dr Michelle Deaker Education Details

  • University Of Sydney
    University Of Sydney
    Double Major In Physics And Chemistry
  • University Of Canberra
    University Of Canberra
    Applied Science

Frequently Asked Questions about Dr Michelle Deaker

What company does Dr Michelle Deaker work for?

Dr Michelle Deaker works for Oneventures

What is Dr Michelle Deaker's role at the current company?

Dr Michelle Deaker's current role is Venture capital with an entrepreneurial, purposeful approach.

What schools did Dr Michelle Deaker attend?

Dr Michelle Deaker attended University Of Sydney, University Of Canberra.

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