Spaceship
Spaceship is a mobile‑first investment platform for Australian retail investors that removes traditional barriers such as high minimum balances and complex paperwork. Users can start investing with any amount, round up everyday purchases, or set up recurring contributions to access diversified Australian portfolios, a modern superannuation fund, and fractional US stocks and ETFs, all managed in Australian dollars through its iOS/Android app.
- Applications
- Financial Technology
- Software Only
Funding
Raised to date
$15.2MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many Australians find traditional investing and superannuation products difficult to access due to high minimum balances, complex paperwork, and limited investment choices, which discourages regular saving and portfolio diversification.
Solution
Spaceship offers a mobile-first platform that removes entry barriers and simplifies ongoing investing. Users can start with any amount, round up everyday purchases, or set recurring contributions to build wealth automatically. The service provides a selection of diversified portfolios for Australian investors, a modern superannuation fund with forward‑looking asset allocations, and direct access to US stocks and ETFs through fractional shares, all managed in Australian dollars. By consolidating accounts and offering transparent performance metrics, Spaceship enables users to grow their money without the need for a broker or financial advisor.
Target Audience
Spaceship targets retail Australian investors, including millennials and Gen Z, who want low‑cost, flexible ways to invest and manage their superannuation on a mobile device.
Features
- No minimum investment requirement for any product, allowing instant entry with any amount
- Round‑up feature that invests spare change from everyday spending
- Automated investment plans with customizable contribution frequency
- Five diversified Australian portfolios plus a dedicated superannuation fund with competitive performance
- Access to US markets via fractional shares of hundreds of ETFs and stocks, starting at A$10
- All transactions and portfolio tracking available through a native iOS/Android app
- Easy rollover and consolidation of existing super accounts into the Spaceship Super fund