The Veteran Fund

Transition Level is an Australian early-stage venture capital and investment platform founded in 2012, focused on backing and connecting early-stage technology startups, typically from angel through Seed stages. The firm operates as both an investor and a deal network, sourcing and screening VC-grade startup opportunities and connecting them with angel and sophisticated investors. It concentrates on sectors such as software, fintech, AI, education technology, SaaS, and digital services, with a strong emphasis on early commercialization-stage companies. Transition Level also plays an ecosystem-building role, supporting founder-investor matchmaking and helping startups access capital, networks, and advisory resources. The firm is closely associated with the Australian early-stage investment ecosystem and has been linked to prominent angel investor Steve Baxter and related startup platforms.