Investing in Women Code Australia
Building a clearer picture of how women-led businesses move through Australia's investment pipeline.
IWCA brings together Venture Capital, Angel, Program and Venture Debt organisations to build consistent, longitudinal evidence about the experiences of women-led businesses seeking investment in Australia.
Better evidence. Better conversations. Better outcomes.
Improving access to investment begins with understanding where opportunities progress—and where they do not.
IWCA establishes a consistent reporting framework for tracking investor-company opportunities over time. By bringing this information together responsibly, the Code helps identify patterns, inform industry discussion and support practical action across Australia's investment ecosystem.
Turning pipeline activity into meaningful evidence
Consistent reporting
A shared reporting standard creates a more reliable view of how companies progress through investor pipelines.
Longitudinal insight
Each reporting submission preserves historical reporting, enabling progress to be understood over time rather than as a single snapshot.
Collective learning
Participating organisations contribute to an evidence base that can support informed discussion and positive change across the investment community.
Designed for Australia's investment community
Venture Capital
Track company opportunities as they move from initial engagement through assessment, due diligence and investment decision.
Angel
Capture early-stage investment opportunities and understand how founder-led businesses move through the investment journey.
Program
Understand how companies progress through assessment, selection and onward investment pathways.
Venture Debt
Build a consistent view of businesses considered for debt and other growth-finance opportunities.
A straightforward reporting process
Join the Code
Participating organisations are invited to join IWCA and nominate an Investor Administrator.
Submit cycle data
Investors upload a standard XLSX or CSV reporting file for the reporting cycle communicated for the pilot. Calendar quarters are the intended post-pilot model.
Validate and review
The platform checks the submission against the agreed reporting format and identifies issues requiring attention.
Approve and analyse
Once approved, the data contributes to the investor's own results and IWCA's authorised aggregate reporting.
Purpose-built for responsible reporting
For participating investors
- ✓Submit and review XLSX or CSV reporting files for each communicated cycle
- ✓Track submission status and reporting history across cycles
- ✓View results relating only to your organisation
- ✓Explore charts showing pipeline progression and outcomes
For IWCA Administrators
- ✓Monitor participation and reporting completion
- ✓Review and approve submitted data
- ✓Manage participating investor organisations
- ✓View authorised aggregate results and filter by investor type
Insight without exposing individual investor pipelines
IWCA is designed around clear information boundaries.
Participating investors can see only their own results. They cannot view another investor's identifiable pipeline or company-level activity.
IWCA Administrators can monitor reporting and access approved aggregate information for internal programme purposes. Identifiable information is not shared between participating investors.
The platform's security, hosting and data-handling arrangements will be finalised and verified before identifiable pilot data is accepted.
Following progress over time
Focus: IWCA reporting focuses on investor-company opportunities rather than individual investment transactions.
Longitudinal: Each reporting submission and period records the current position of a company within an individual investor's pipeline. Previous reporting periods are preserved, creating a longitudinal record of how that opportunity progresses.
Confidential: Where several investors are engaging with the same company, each investor-company relationship remains separate and confidential.
Help build a stronger evidence base for investment in women
IWCA provides an opportunity for Australia's investment community to contribute to a consistent, practical and responsible approach to understanding pipeline outcomes.
If your organisation is interested in participating, we would be pleased to hear from you.