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OIF Ventures company logo
Venture Capital
oifventures.com.au

Investments

74

Portfolio Exits

1

Funds

3

About OIF Ventures

OIF Ventures is a venture capital firm that invests in technology businesses. The company was funded in 2016 and is based in Double Bay, Australia.

Headquarters Location

Level 2, 30-36 Bay Street

Double Bay, New South Wales, 2028,

Australia

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Latest OIF Ventures News

Aus and US-based Trusst AI scores multimillion dollar investment

Mar 6, 2025

Trusst AI receives multimillion dollar investment By Jason Pollock on Mar 5, 2025 10:20AM L to R: Sarel Roets and Ryan Kohler with David Shein. Business Wire Australian and U.S.-based artificial intelligence company Trusst AI has received a multimillion-dollar investment from venture capital firm OIF Ventures. By capturing and analysing every chat, voice call, complaint, survey, text, email, and social media interaction, Trusst AI uses artificial intelligence to improve customer experience strategies and optimise contact centres. Sarel Roets and Ryan Kohler co-founded Trusst AI back in January 2024, with 35 years of combined expertise in AI, data, and customer experience between them. Roets co-founded cloud-based enterprise contact centre solutions VoiceFoundry, which was acquired by U.S.-based CX technology and services company TTEC in 2020, while Kohler’s career most recently includes five years as a lead customer experience architect at AWS. Roets said Trusst AI delivers customised AI technology that deploys within a client's environment and is governed by their security. “Our clients report a reduction in churn, a continuous increase in sales and greater confidence in customer retention and NPS through continuous optimisation," he said. “Their deep domain expertise, combined with the best-in-class product they’ve built, puts them in a fantastic position to take on what is an immense opportunity for disruption in the CX space,” said OIF partner David Shein. Shein founded Com Tech in 1987, growing the reseller from just himself to 1,400 employees by the time Dimension Data acquired it for more than $1 billion in 2000. He also served as non-executive chairman for ASX-listed IT solutions provider MOQDigital from 2014 to 2022, when the company was acquired by Brennan IT for $23 million.

OIF Ventures Investments

74 Investments

OIF Ventures has made 74 investments. Their latest investment was in Starboard Maritime Intelligence as part of their Series A on September 08, 2025.

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OIF Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/8/2025

Series A

Starboard Maritime Intelligence

$13.58M

Yes

3

9/3/2025

Secondary Market - II

Payble

$1.05M

No

4

8/25/2025

Seed VC

Apate

$1.62M

Yes

2

8/17/2025

Seed VC

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$XXM

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10

8/12/2025

Seed VC

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$XXM

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10

Date

9/8/2025

9/3/2025

8/25/2025

8/17/2025

8/12/2025

Round

Series A

Secondary Market - II

Seed VC

Seed VC

Seed VC

Company

Starboard Maritime Intelligence

Payble

Apate

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Amount

$13.58M

$1.05M

$1.62M

$XXM

$XXM

New?

Yes

No

Yes

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Co-Investors

Sources

3

4

2

10

10

OIF Ventures Portfolio Exits

1 Portfolio Exit

OIF Ventures has 1 portfolio exit. Their latest portfolio exit was XM Cyber on November 22, 2021.

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

11/22/2021

Acquired

$XXM

6

Date

11/22/2021

Exit

Acquired

Companies

Valuation

$XXM

Acquirer

Sources

6

OIF Ventures Fund History

3 Fund Histories

OIF Ventures has 3 funds, including OIF Ventures Opportunity Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/11/2023

OIF Ventures Opportunity Fund

$36.68M

2

9/6/2022

OIF Ventures III

$XXM

10

OUR Innovation Fund

10

Closing Date

7/11/2023

9/6/2022

Fund

OIF Ventures Opportunity Fund

OIF Ventures III

OUR Innovation Fund

Fund Type

Status

Amount

$36.68M

$XXM

Sources

2

10

10

OIF Ventures Team

3 Team Members

OIF Ventures has 3 team members, including current Founder, General Partner, Jerry Stesel.

Name

Work History

Title

Status

Jerry Stesel

Founder, General Partner

Current

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Name

Jerry Stesel

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Work History

Title

Founder, General Partner

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Status

Current

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