Founder Focus Ep 17: Chris Milligan of Adepto & Konfir

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Business:investing, Investing, Entrepreneurship, Business

5.0 • 1 Ratings

🗓️ 8 June 2025

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's guest is Chris Milligan, and Entrepreneur and Investor based in London. We are proud to also have Chris as a shareholder, investor, and venture partner at Tribe Global Ventures. Fresh out of university at QUT, Chris founded Adepto, a B2B SaaS HR platform. In 2015, Chris participated in an early version of Tribe’s UK mission and relocated to London five months later, raising a Seed round from UK investors and establishing Adepto in Europe. With teams in both Brisbane and London, Chris continued to scale Adepto, raising further capital and working with global customers, including PwC, Cisco, AECOM, and BAE Systems. In 2019, Adepto was acquired by the US learning platform Degreed, where Chris joined the leadership team and supported a $150 million Series D. Since leaving Degreed in 2022 and still based in London, Chris founded Konfir, an instant employment and income verification solution built on banking, payroll, and tax data. Having raised £3.6m in Pre-seed and Seed funding from UK angels and VCs, Konfir is on track to become the go-to solution for UK verifications. Chris is a passionate supporter of Venture Capital and has invested in and advised over 15 early-stage tech companies in both Australia and overseas. He frequently visits Australia, blending his expertise and experience to support emerging entrepreneurs. hello@tribeglobal.vc

Transcript

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0:00.0	Just before we start what we were going to record, we please do an intro for the Chris Milligan episode.
0:15.7	Yep, okay, sorry.
0:16.7	The backstory being that embarrassingly, we recorded it nearly 12 months ago, but due to a range of technical failures, it has not been released.
0:24.4	And the last one being a significant echo on the intro, so let's try and do this sitting in San Francisco.
0:30.5	Yes, so we apologise, Chris.
0:31.9	But the legend that is Chris Milligan is part of the reason the tribe actually exists because Chris
0:39.3	joined me on a London mission way back and it was a result of that trip that Chris had moved
0:44.6	to the UK, ended up scaling there and exiting his company there.
0:48.7	They now invest in companies across both sides of the ditch and And he's going again as a serial entrepreneur.
0:55.0	And Chris is also a venture partner and shareholder in tribal global ventures.
0:59.0	And I always love our conversations with Chris,
1:02.0	particularly around building companies for exit and, you know,
1:06.0	having successfully done that, he's got quite a unique approach to how he goes about things
1:11.3	and his considered approach to building businesses. So absolutely love this conversation.
1:16.9	And Chris, mate, so sorry, it took us so long to get this one actually published.
1:21.0	All right, let's get into the episode.
1:25.2	But I wanted to go and take what I'd learn and see if I could, to be honest, prove to myself.
1:30.3	You know, was that just hard work and a bit of luck?
1:33.3	Or can I actually, do I know how to build companies?
1:37.3	So we went through probably nearly 100 million in revenue.
1:41.3	We raised 150 million Series D and so saw some great stuff.
1:46.0	Okay, I think it is recording.
	...

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