top vcs in Australia

What you need to know about the top VCs in Australia

Pros of a VC investing in your company:

  • A large sum of money injected into your startup, which means you'll grow quickly. Startups are a race.
  • You'll be surrounded by an experienced team who will show you the landmines and help you avoid the mistakes they've made. 
  • Most imporantly, a VC will open the right doors for you. You might need one very specific connection to a person or business to make your startup skyrocket. You want to partner with people who can make that happen.

Cons of a VC investing in your company:

  • VCs often have a preferred minimum percentage of ownership in your company (usually a minimum of 20%). They will ask you to raise your valuation to give you more money and own a larger percentage of the company.

We've organised this list into three categories: pre-product, pre-revenue, and post-product. 

Most VCs don't want to miss out on an awesome opporunity and will invest at stages other than where they're categorised on this list. We've organised it based on where a majority of their investments have been made.


Pre-product

You've got an idea, and you have done a bit of work on it. You're in the process of validating people actually want the idea by running it manually and testing your hypotheses with experiments. 

H2 Ventures

Location
Sydney

Fund Size
Balance sheet

What they DON'T invest in
H2 Ventures invests exclusively through their 20-Week Startup Accelerator. 

H2 ventures team

Favoured themes, business models, or industries
Fintech, Data, AI

Portfolio
Spriggy, Birch, Equitise, Goodments, Inspitrip, Hashching, Stockspot, InsideSherpa, Simply Wall St, Nod, Edstart, LoanDolphin, Macrovue, DiviPay, Alfie, Timeweave, PayNinja, Valiant, Retro Analytics, MyClaimMate, Reji, mPhyt, Whaley, Aloki, Dotd, Cody, Triggr,DishMe, SquadFinder, Sempo, Seneca, Depostits, Bsociable, TapView, DueToday, SuperAlbert, CurrencySpot, PayHero

What you need to know about them

Videos

Podcasts

Best way to contact

Apply for the accelerator on their website and for any questions you can email contact@h2.vc.

 
Square Peg Capital Team

Square Peg Capital

Location
Sydney, Melbourne

Fund Size
$235M

What they DON'T invest in
Drugs, alcohol, or pharma.

Favoured themes, business models, or industries
SaaS, AI, Health

Portfolio
Canva, Stripe, Fivrr, Uber, School Places, Jethro, Airwallex, Agridigital, Bugcrowd, Cais, Chope, Climacell, Excelero, Feedvisor, Glide, Kaodim, Lifebeam, Propertyguru.com, Prospa, Ready4, Rokt, Shipping Easy, Standard Media Index, Talon.One, UHG, UpGuard, Vend, Vero, Wego

What you need to know about them

Videos

Podcasts

Best way to contact
Square Peg Capital prefers a warm introduction through their team or portfolio. 

You can contact their Head of Community, Imogen on imogen@squarepegcap.com or submit your details on their website.


Pre-revenue

You've built a product and have 2-3 people on your team. You haven't made any money yet, but you're close. 

AirTree Ventures

Location
Sydney

Fund Size
$250M

What they DON'T invest in
Biotech (e.g. drug trials), pure-play services or consultancies with no path to productising, pure-hardware

AirTree.png

Favoured themes, business models, or industries
SaaS, AI, fintech, deep tech, companies disrupting unsexy industries (e.g. mining, agriculture)

Portfolio
Prospa, 90seconds, Paxata, Brosa, Expert360, Hyper Anna, Xplor, Pet Circle, Dgraph, Spaceship, Canva, Employment Hero, Edrolo, Process.st, DesignCrowd, Elevio, TheRight.Fit, Earth AI, FluroSat, Jobbatical, Ento, Pawshake, GlamCorner, Happy or Not, TidyMe, HotDoc, Snappr, Thematic, :Different

What you need to know about them

Videos

Podcasts

Best way to contact
AirTree prefers a warm introduction through their team or portfolio. For any questions, you can email info@airtree.vc.

 

Blackbird Ventures

Location
Sydney, Melbourne

Fund Size
$250M

What they DON'T invest in
No US copycats. No university spinouts. No Perth stockbrokers. No ‘Exit Strategy’ slides in your deck. No A-Holes. No gambling, no guns, no alcohol, no tobacco. 

Blackbird Ventures Team

Favoured themes, business models, or industries
SaaS, Marketplaces, Hardware, B2B, B2E, B2C

Portfolio
Canva, Edrolo, Culture Amp, Elevio, Redbubble, Shoes of Prey, Propeller, Autopilot, Coinjar, Skedulo, Safety Culture, BugCrowd, LifX, Chuffed, Baraja, Accelo, Dgraph, Elto, Karbon, Myagi, Pageload, Process.st, Proxy, Sessions, Wow Such Business, Zova, Zoox, Movus, Mentorloop, Morse Micro, black.ai, Earth AI, Ask Nicely, Fleet, Gilmour Space Technologies, Nuraphone, Shape Analytics, Workyard

What you need to know about them

Videos

Podcasts

Best way to contact

Blackbird prefers a warm introduction through their team or portfolio. 

If you absolutely can not find a warm intro and you want to tell Blackbird about
your startup, fill in this form, and they'll get back to you.

 

Black Sheep Capital

Location
Brisbane, Sydney

Fund Size
$10-20M

What they DON'T invest in
-

 

Favoured themes, business models, or industries
SaaS, PaaS, Marketplaces and On-demand

Portfolio
Airtasker, Go1, Sendle, Practice Ignition, Gigged In, MoneyBall, Shop Wings, Zapala Go, GetSwift, LBC, TokenOne, Topme, WithWine, Safety Compass, Rocketed, SpaceConnect, Unscrabble, Responsight, Tappr, Practice Ignition

Videos

Podcasts

Best way to contact
If you're pitching, apply on their website and for any questions you can email admin@blacksheepcapital.com.au.

 

Carthona Capital

Location
Sydney

Fund Size
$100M

What they DON'T invest in
Resources and renewables

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Favoured themes, business models, or industries
Health, Fintech, VR/AR, Cybersecurity, Autonomous Vehicles

Portfolio
Abra, Airdog, Airtasker, Credible, Daedalean, Hint Health, Honeybook, Ingogo, Iotera, Life360, MediusHealth, Neoclinical, OneAffiniti, Ouster, Ovrclk, Paratus Clincial, PARts, Peerspace, Ramp, ResponSight, Rubicor, Savara Pharmaceuticals, Siftery, Sparesbox, Synata, The Search Party, Trustify, Vendri, Wildcard, Zero Latency

What you need to know about them

Videos
None. 

Podcasts
None.

Best way to contact
For any questions, you can email info@carthonacapital.com.

 

Reinventure

Location
Sydney

Fund Size
$100M

What they DON'T invest in
-

Favoured themes, business models, or industries
Fintech, AI, B2B

reinventure team

Portfolio
Doshii, Zetaris, Society One, Brick X, Nabo, Valiant, Basiq, Openagent.com.au, Hyper Anna, Assembly, Flare, DataRepeublic, Indebted, HeyYou, Coinbase, Auror, Fillr, Everproof, Kasada, Akin, Codelingo

What you need to know about them

Videos

Podcasts

Best way to contact
Reinventure prefers a warm introduction through their team or portfolio. For any questions, you can email the team at info@reinventure.com.au


Post-revenue

You've made some money, YAY! Now you're ready to hire and scale up.

Dominet

Location
Melbourne

Fund Size
Balance sheet

What they DON'T invest in
Industries they don't have experience in – health, capital intensive industries like mining & resources.

 

Favoured themes, business models, or industries
Consumer, Fintech, Marketplaces

Portfolio
Hummingbird Superfoods, Bitcoin.com.au, BlueChilli, Fuzo, WithWine, Kindynow, Collaborate, iBackpacker, Pin Payments, Wholesale Investor, SwapForex, TokenOne, Harris Technology, SMS Central, Future Capital, My Guest List, Bullpen Capital, TymLez, CrowdMobile, Glamazon, The Social Club, Plus+, MishGuru, Fairplay Toys

What you need to know about them
Need to search.

Videos
None. 

Podcasts
None. 

Best way to contact
For any questions, you can enquire on their website.

 

OneVentures

Location
Sydney, Brisbane, Melbourne

Fund Size
$170M

What they DON'T invest in
Gambling, drugs, or alcohol

OneVentures Team

Favoured themes, business models, or industries
SaaS, Marketplaces, Life Sciences

Portfolio
HatchTech, Vaxxus, Smart Sparrow, Charm Health, Building IQ, Incoming Media, Ovo, FindMe, Employment Hero, Clinical Genomics, Prota, 8i, Paloma

What you need to know about them
None. 

Videos

Podcasts
None. 

Best way to contact
For any questions, you can enquire on their website.

 

Rampersand

Location
Melbourne

Fund Size
$50M

What they DON'T invest in
Medical, biotech, gambling

Rampersand Team

Favoured themes, business models, or industries
Fintech, Mobile, Robotics, SaaS, AI

Portfolio
Assembly, Expert360, Skedulo, MentorLoop, PredictHQ, Spaceship, , School Places, Sendle, Stackla, Tiger Pistol, Surefire, Predictive Hire, Cog

What you need to know about them

Videos

Podcasts

Best way to contact
Rose Powell - Head of Growth
(+61) 403 806 647
rose@rampersand.com

 

If you're a VC and you'd like to be on this list, submit your details here.