Gen Y tech investor Michael Frazis is pushing into venture capital investment after buying a 10 per cent stake in software start-up Caresquare, which boasts it’s already profitable in helping National Disability Insurance Scheme managers improve efficiency.

Mr Frazis – son of former Bank of Queensland boss George Frazis – has now invested around three quarters of $10 million raised from 65 high-net-worth investors and associates across 12 early-stage start-ups in the software, healthcare, and e-commerce spaces.