Building a thriving retail capital market for Australia.

"Eight years of market leadership" For eight years, Birchal has been Australia’s leading direct investment platform: facilitating more than $241 million across 338 successful crowd-sourced funding offers, from over 140,000 individual investments. Our investor community is now the largest in the sector, more than double our nearest competitor, and contributes between 30% and 60% of capital raised in each campaign. These are Series A assets in brand, network, and data - built over the longest track record in Australian CSF.

The market has been volatile — the Australian CSF industry has contracted from $85M in FY22 to a projected $30M this financial year, and several key competitors have exited. "The reset and why it matters" Birchal has responded with a strategic reset: operating costs are now approximately 40% of where they sat at our 2024 raise, the team has been rebuilt as a small, senior, mission-aligned group, and the company has a clear strategy to reposition itself from transaction partner to infrastructure layer for a thriving retail capital market. This reset is externally validated, with two institutional investors, Triple Bubble (Australia's first dedicated fintech fund backed by Commbank / x15) and Australia Venture Partners Fund, completed their own due diligence and set the valuation for this round. Retail investors now have the opportunity to invest at the same valuation.

Looking past the current stage of the cycle, the long-term opportunity for Australian CSF is significant. The recent Ambitious Australia report identifies a near-term 4× growth potential for the Australian market based on per-capita comparisons, and our own modelling (using mature UK volumes as a benchmark) suggests an addressable market exceeding $1 billion annually by 2030, more than 20× the current level. With the longest track record, the deepest data, and the largest investor network in Australia, Birchal is the brand best positioned to capture that growth.