Five V Invests in BAW

Five V Capital is thrilled to announce our investment in Business Automation Works (BAW), a leading provider of tax automation software in Australia. This marks the fourth investment for our Frontier strategy.

Founded in 2018, BAW is an automation software provider serving Australian tax agents. Its flagship product ‘ATOmate’ is an automation tool designed to enhance efficiency for accounting practices by streamlining the processing, review, management and distribution of correspondence from the ATO. ATOmate’s 1,500+ customers span a wide range of accounting firms across Australia, from large multinationals to small practices.

We look forward to partnering with founders Stan Corner and Paul Salcombe, to support the next phase of growth. This partnership aligns with Five V’s strategy of backing high-quality, founder-led businesses with strong growth potential.