A $10,000 investment can provide exposure to some exciting ASX growth shares. But which ones?
I would spread the money evenly across three technology businesses that are building stronger positions in global markets.
Here is how I would invest it now.
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Catapult Sports Ltd (ASX: CAT)
Catapult Sports shares are down sharply from their highs, giving investors a much better entry point than before.
The company provides wearable technology, video analysis, and performance software to professional sports organisations.
Its products help coaches and performance teams understand how athletes are training, how much work their bodies are handling, and where tactical improvements may be possible.
That information can influence decisions around player recovery, injury prevention, team selection, and preparation for upcoming opponents. In professional sport, even a modest improvement can be valuable when results affect prize money, sponsorships, and supporter engagement.
I also like Catapult's opportunity to sell more products to existing customers. A club using its athlete-monitoring technology may later add video, tactical analysis, or other performance tools.
That can increase recurring revenue while making Catapult more closely connected to the way a team operates.
The company still needs to turn its growing customer relationships into sustained profits. But I think the global shift towards data-led coaching gives it a good chance to do so over time.
SiteMinder Ltd (ASX: SDR)
A hotel may look like a property business from the street, but behind the front desk, it increasingly operates like an online retailer.
Rooms need to be advertised across booking platforms, priced according to demand, sold directly to guests, and kept available without accidental double bookings.
SiteMinder provides the technology that helps hotels manage those moving parts.
I think the company has a long runway because many independent hotels still rely on disconnected systems or manual processes. A broader platform can help them reach more travellers, improve direct bookings, process payments, and make better pricing decisions.
SiteMinder can also grow as its hotel customers become more successful. More bookings and greater adoption of additional products can increase the amount of revenue earned from each property.
Travel demand will move with economic conditions, and competition across hotel software remains strong. Even so, the need for hotels to sell rooms effectively online should continue growing.
With the shares well below their previous highs, I would be comfortable starting a long-term position.
Gentrack Group Ltd (ASX: GTK)
The final ASX growth share I would consider is Gentrack.
The company provides software to utilities and airports, two types of organisations that handle large amounts of information and cannot afford unreliable systems.
Energy providers use Gentrack technology across areas such as billing, customer management, and data. Airports can use their software to coordinate operations, allocate resources, and manage increasingly busy facilities.
I think both markets offer room for growth.
Utilities are adapting to renewable energy, electric vehicles, smart meters, and changing customer expectations. Airports also need better technology as passenger numbers grow and operations become more complex.
Replacing old systems can be difficult, but that can work in Gentrack's favour once its software becomes embedded. Long customer relationships and recurring revenue could support continued expansion as the company wins more work internationally.
Foolish Takeaway
ASX growth shares can test investors' patience while businesses invest and the market waits for profits to catch up.
I would use the $10,000 to begin positions in companies that already solve important customer problems and still have room to expand their platforms.
Catapult, SiteMinder, and Gentrack all operate in global markets where better technology can improve daily operations and decision-making.
I think that gives each business the potential to become considerably larger over the next decade.
