Your Guide To Venture Capital Firms in Australia – 2023

Here are the top 20 venture capital firms in Australia, that you can reach out to in order to raise the capital you need to take your business to the next level.

1. FiveV Capital

• Location: Sydney, Australia
• Industries: SaaS, AI & ML, E-Commerce, InsurTech, Fintech
• Investment Stage: Seed Stage to Late-Stage
• Companies invested in: Automic Group, Carma, Cydarm

Founded in 2016 by Adrian Mackenzie and Srdjan Dangubic, Five V Capital’s Team brings together over 25 years of international private equity investment experience across a broad range of sectors and geographies. They currently have $100 million of long-term capital available to pursue investment opportunities.

Provides growth equity to Australia & New Zealand’s late-stage companies, the VC firm operates across a broad range of sectors because great businesses are not confined to any particular industry.

Year Founded	2016
Company Size	1-10
Number of Investments	24
Number of Exits	10
Total Fund Raised	AU$250,000,000
Number of Funds	NA

 

2. Skalata Ventures

• Location: Australia
• Industries: AR & VR, Productivity, Education, Entertainment, Fintech, Health & Wellness, Travel & Hospitality, Supply Chain & Logistics, Marketplace, Proptech & Real Estate, SaaS, Crypto & Blockchain, E-Commerce, Agriculture 
• Investment Stage: Early Stage, Seed
• Companies invested in: Strength by Numbers, Tablogs, ParentalEQ

Founded in 2018 by Rohan Workman, Skalata Ventures provides capital, education, and network access to Australian founders. 

Skalata Ventures is a seed investment program that helps early-stage companies prepare to scale and grow into sustainable businesses. They provide unparalleled support to leading entrepreneurs at a critical stage in the startup lifecycle by bringing together business leaders, universities, corporates, and investors in Australia.

Year Founded	2018
Company Size	11-50
Number of Investments	45
Number of Exits	0
Total Fund Raised	$50,000,000
Number of Funds	1

 

3. Blackbird

• Location: Sydney, Australia
• Industries: Technology 
• Investment Stage: Early Stage Venture, Seed  
• Companies invested in: Accelo, Ask Nicely, Canva, Zoox, SafetyCulture, Bugcrowd, Carbon Chain, Carted, Cortical Labs, and Culture Amp.

Founded in 2012 by Bill Bartee, Larry Marshall, Niki Scevak, and Richard Baker, Blackbird invests in companies focusing on every type of technology from software to space. These community-driven VC firm funds startups from pre-speed to Pre-IPO, and commits to long-term without planning for exits. 

Blackbird Ventures is a venture capital firm that invests in inherently global Internet businesses formed by Australians. The company invests as little as $30K in seed and in some cases $ 30 million in a Series D.   

Blackbird’s fund investors are the founders of some of Australia’s most successful technology companies like Atlassian, Campaign Monitor, Aconex, and more. They’re not only investing their money but also their time to help you succeed. 

Year Founded	2012
Company Size	1-10
Number of Investments	208
Number of Exits	10
Total Fund Raised	$1.4B
Number of Funds	8

 

4. Macdoch Ventures

• Location: Sydney, Australia
• Industries: SaaS, Transportation, Supply Chain & Logistics, Media, Marketplace, Internet & Mobile
• Investment Stage: Pre-Seed, Seed 
• Companies invested in: Canva, Upollo, Mable

Founded in 2011 by Michael Robinson and Alasdair Macleod, Macdoch Ventures is a pre-seed and seed investor with a special interest in B2B SaaS and marketplace sectors. The VC firm aims to support Australia & New Zealand’s, late seed-stage founders.

The company has been an active seed investor since 2011 having invested in Cliff, Mel, and Cameron when Canva was just starting to offer paid subscription plans. They’ve partnered with Dylan and Mark at Qwilr based on their first public beta. 

Year Founded	2011
Company Size	1-10
Number of Investments	38
Number of Exits	12
Total Fund Raised	$4,000,000
Number of Funds	NA

 

5. IconiQ Capital

• Location: Sydney, Australia 
• Industries: Technology, Finance, Real estate
• Investment Stage: Seed,  Early Stage Venture, Late Stage Venture, Private Equity 
• Companies invested in: Ramp, People.ai, Vic.ai, Fivetran, Spotnana Technology, Ajaib, and Orca Security. 

Founded in 2011 by Chad Boeding, Divesh Makan, and Michael Anders, ICONIQ Capital is a privately-held investment firm that serves some influential families and organizations.  Iconiq Capital invests in high-growth technology companies at the growth stage to IPO and well beyond.

ICONIQ Capital is a privately-held investment firm that is a trusted advisor and a thought partner aiming at facilitating strategic relationships across investment opportunities. ICONIQ provides financial advisory and family office services, and manages direct investments across asset classes, with a specific focus on technology growth equity, venture capital, middle-market buyout, and real estate. 

Year Founded	2011
Company Size	101-250
Number of Investments	159
Number of Exits	31
Total Fund Raised	$8.6B
Number of Funds	4

 

6. Skip Capital 

• Location: Sydney, Australia
• Industries: SaaS, AI, Health-tech, wellness & genomics, energy, food, waste, recycling infrastructure, IoT, and robotics 
• Investment Stage: Seed Stage to Late-Stage
• Companies invested in: Canva, Airwallex, 1Password, SafetyCulture, Brighte, Morse Micro, Reejig, Delegate connect, Human, Neara, Rejig, MR Yum, and more

Founded by Kim Jackson in 2018, Skip Capital invests in high-growth companies focusing on technology and future-aware projects like wind, solar, waste processing, food, recycling, and food infrastructure. The VC firm seeks investment opportunities from the seed stage to the late stage. The VC firm typically invests between $500K and $3 million at the primary stage.

Skip Capital is passionate about backing technology-enabled businesses. It invests in founders and teams with deep experience, who are solving global problems. Skip Capital has made investments in artificial intelligence (AI), software as a service (SaaS), health tech, artificial intelligence, internet of things (IoT), energy, food, education, wellness, and infra-tech.

Year Founded	2018
Company Size	1-10
Number of Investments	43
Number of Exits	NA
Total Fund Raised	NA
Number of Funds	NA

 

7. Archangel Ventures 

• Location: Melbourne, Australia
• Industries: Supply Chain & Logistics, Fintech, Food & Beverage, Marketplace, Health & Wellness, AI & ML, SaaS
• Investment Stage: Pre-Seed, Seed, Series A 
• Companies invested in: Pearler, Fresh, Emesent 

Founded by Ben Armstrong, Quentin Wallace, and Rayn Ong,  Archangel is an investment firm backing ambitious Australian founders in the pre-seed and seed stages. 

Archangel Ventures is an early-stage investment firm that invests in emerging high-growth companies. They work with great technology founders and investors to build game-changing companies together. Archangel Ventures was founded in 2020 and is based in Melbourne, Victoria. 

Year Founded	2020
Company Size	1-10
Number of Investments	25
Number of Exits	1
Total Fund Raised	NA
Number of Funds	NA

 

8. GBS venture partners

• Location: Melbourne, Australia
• Industries: Life Science
• Investment Stage: Seed Stage
• Companies invested in: AirXpanders, Endoluminal Sciences, Hatchtech, Hydrexia, Ivantis, Mimetica, Moximed, and Celladon.

GBS Venture Partners provides funding from the early to later stages of companies focusing on helping entrepreneurs build great life-science technology companies. The VC firm remains committed to working with investors in order to capture ideas and transform them into viable start-up ventures. GBS Venture Partners invests in private and public companies. 

Founded in 1996 by Brigitte Smith and Geoff Brooke, GBS invests in young businesses developing and commercializing products which, when combined with the right management and finance, will make a significant difference to patient’s lives and deliver financial returns for their investors. Their areas of particular interest and expertise include human healthcare, biotechnology product development, and life science start-ups. In particular, recent investments have included biological or small molecule therapeutics, medical devices, and diagnostics. 

Year Founded	1996
Company Size	1-10
Number of Investments	61
Number of Exits	12
Total Fund Raised	NA
Number of Funds	5

 

9. Touch Ventures

• Location: Sydney, Australia
• Industries: Consumer, Fintech, Big Data & Analytics, DTC
• Investment Stage: Late Stage, Growth
• Companies invested in: Afterpay Limited, Credshare, Preezie, Refundid

Founded by Hein Vogel in 2019, Touch Ventures is an investment holding company focused on high-growth, scalable investment opportunities globally. 

Touch Ventures provides high-growth, scalable companies that have a proven revenue model with access to capital and, where appropriate, Afterpay’s experience, merchants, and customers. Particular areas of interest include retail innovation, consumer, finance, and data with a preference for businesses that are or can expand globally.

Year Founded	2019
Company Size	1-10
Number of Investments	8
Number of Exits	NA
Total Fund Raised	NA
Number of Funds	NA

 

10. Exto Partners

• Location: Rushcutters Bay, Australia
• Industries:  Education, Industrial, Health & Wellness, Marketplace, Creator Economy, Big Data & Analytics
• Investment Stage: Private Equity, Seed, Late Stage 
• Companies invested in: Zetaris, Airtasker, Hey You

Founded in 2003 by Peter Hammond and Wiliam Deane, Exto Partners is a diversified private investment firm based in Australia. Exto Partners is a late-stage VC firm providing growth equity to Australian companies. 

The Company Directors work with both emerging and established companies to help them achieve their business goals through capital investment, strategic planning, corporate advisory, and exit planning and execution. 

Exto Partners build high-performance global businesses that embrace innovation, transform established industries, and challenge existing market leaders to drive value for shareholders.

Year Founded	2003
Company Size	11-50
Number of Investments	22
Number of Exits	7
Total Fund Raised	NA
Number of Funds	NA

 

11. CP Ventures

• Location: Sydney, Australia 
• Industries: Industrial, SaaS, Productivity, Biotech, Consumer, Education, Agriculture
• Investment Stage: Pre-Seed, Seed, Early Stage Venture, Seed, Venture
• Companies invested in: Kami, Fonto, Segna

Founded by Emlyn Scott and Chris Sang in 2018, CP Ventures is a sector-agnostic boutique venture capital firm in Australia that invests internationally in early-stage, highly scalable, breakthrough technology companies driven by the 4IR.

Year Founded	2018
Company Size	1-10
Number of Investments	45
Number of Exits	1
Total Fund Raised	NA
Number of Funds	NA

  

12. AirTree Ventures

• Location: Paddington, Australia 
• Industries: Finance
• Investment Stage: Early Stage Venture, Seed 
• Companies invested in: Buildkite, Darwinium, Human, Edrolo, Go1, Reputation DAO, EQL, LawVu, Zepto, Linktree, and more

AirTree Ventures is a venture capital fund founded by Craig Blair and Daniel Petre in 2014, that supports Australian and Kiwi technology entrepreneurs. As one of the largest VC funds in the region with over half a billion dollars under management, AirTree aims to assist startups from the earliest moments in their initial funding round, often pre-revenue, and continues to support the most successful companies over multiple, subsequent rounds.

AirTree’s 2014 and 2016 vintage funds are both performing in the top quartile of US VCs. They include early investments in break-out companies such as Prospa, Secure Code Warrior, Pet Circle, Canva, Athena, Brighte, Joyous, Thematic, Transcelestial, Expert360, and A Cloud Guru. 

With the largest and most experienced venture team in the region, AirTree offers founders a lot more than finances as they provide a wealth of value-add services including recruitment, expertise, connections, and advocacy.

Year Founded	2014
Company Size	11-50
Number of Investments	113
Number of Exits	10
Total Fund Raised	$1.1B
Number of Funds	6

 

13. Carthona Capital

• Location: Sydney, Australia 
• Industries: SaaS, Fintech, Proptech & Real Estate, Crypto & Blockchain, Enterprise
• Investment Stage:  Pre-Seed, Seed, Series A 
• Companies invested in: Life360, Airtasker, Credible, Replica, Roubler, SafeStack, Sparebox, Skript, Salad, Paytron, Pathzero, OneAffiniti, and Medius Health.  

Founded by Dean Dorrell, James Synge, and Tonino Belmonte in 2014, Carthona Capital is a hands-on, proactive, and thematic venture capital investor based in Sydney, Australia. Since then, Carthona Capital has shifted to a more traditional venture capital fund structure and is now deploying its third fund with approximately $400 million in funds under management from a mix of Institutional, Family Office, and High Net-worth investors.

Carthona Capital is an Australian venture capital investing in companies during the early pre-seed to series A stages. The VC firm aims to follow along with the journeys of the startups they invest in and deploys large amounts of capital as businesses mature. 

Year Founded	2014
Company Size	1-10
Number of Investments	85
Number of Exits	15
Total Fund Raised	$400,000,000
Number of Funds	4

 

14. MH Carnegie

• Location: Paddington, Australia 
• Industries: Healthcare, Consumer, Proptech & Real Estate, Hardware & Industrials
• Investment Stage: Seed, Series A, Series B 
• Companies invested in: Simplify Medical, Ignite Tournaments, Cardiac Dimensions

Founded in 2010 by Mark Carnegie, M.H. Carnegie & Co. is an asset management fund that invests in venture capital, amongst other portfolio investments.

M.H. Carnegie & Co. was launched by Mark Carnegie in 2010 with total equity commitments of $132 million to capitalize on the post-financial crisis environment in the Australian market for smaller alternative investment opportunities. M.H. Carnegie & Co. was launched with a focus and expertise in expansion capital, as well as operating real estate.

Year Founded	2010
Company Size	11-50
Number of Investments	9
Number of Exits	1
Total Fund Raised	AU$200,000,000
Number of Funds	NA

 

15. Reinventure

• Industries: Computer Vision, Consumer, Enterprise, FinTech, Internet
• Investment Range: Not disclosed
• Investment Stage: Early Stage Venture, Seed 
• Companies invested in: Xterio, Carbonstop, 15Five, Repool, August Health, Courier, Footprint Analytics, Country Delight, Lightspark, KuCoin

Founded in 2014 by Danny Gilligan and Simon Cant, Reinventure partners with Westpac Banking Corporation to fund fintech companies targeting the Asia-Pacific region.

Reinventure Group focuses on payment, food, healthcare, property, and fintech sectors. The VC firm funds early-stage companies that have the vision, ambition, and hustle to transform experience. 

Apart from financial investments, the VC firm seeks to add value to its ventures in the best way possible. 

Year Founded	2014
Company Size	1-10
Number of Investments	58
Number of Exits	9
Total Fund Raised	$137,300,000
Number of Funds	3

 

16. Bailador

• Location: Sydney, Australia
• Industries: IT, Media
• Investment Stage: vc
• Companies invested in: iteMinder, Instaclustr, Stackla, Straker Translations, Standard Media Index, Rezdy, InstantScripts, Brosa.

Founded in 2010 by David Kirk and Paul Wilson, Bailador invests in businesses focusing on Information Technology and media sectors, seeking growth-stage investments. The VC firm typically invests $2M to $10M of equity into their portfolio companies. 

The VC firm targets minority investments alongside highly motivated founders and management teams that have the best-in-class technology or business systems. 

Bailador is a growth capital fund that focuses on the IT and media sectors, managed by an experienced team with demonstrated sector expertise. The VC firm supports its portfolio companies in subsequent rounds of funding through their own participation and with introductions to larger international growth expansion funds. 

Year Founded	2010
Company Size	1-10
Number of Investments	18
Number of Exits	6
Total Fund Raised	NA
Number of Funds	NA

  

17.  H2 Ventures

• Location: Sydney, Australia
• Industries: AI & ML, Fintech, Big Data & Analytics
• Investment Stage: Early Stage
• Companies invested in: Birch, Goodments, Nod

Founded in 2013 by Ben Heap and Toby Heap, H2 Ventures is an early-stage Australian VC firm specializing in fintech, data, and artificial intelligence. They run the H2 Accelerator, a renowned 20-week Startup Accelerator. 

H2 Ventures has been reinventing financial services since 2013 by bringing together talented entrepreneurs, investors, forward-thinking established financial services organizations, and other thought leaders in the world of technology-enabled disruption. 

They provide equity capital as well as knowledge and mentoring to assist high-caliber founders who will not only drive their businesses with passion and energy but also take responsibility for the focused execution of their idea. The VC firm is a significant contributor to innovation in the Australian economy and supports Australia’s emergence as a global leader in the technology sector.

Year Founded	2013
Company Size	1-10
Number of Investments	55
Number of Exits	2
Total Fund Raised	AU$250,000,000
Number of Funds	NA

 

18. Alchemy Ventures

• Location: Sydney, Australia
• Industries: SaaS, Fintech, Consumer, Agriculture
• Investment Stage: Seed, Early Stage, Late Stage
• Companies invested in: Clearmatch

Based in Australia, Alchemy Ventures was founded in 2016 by Darren Patterson and Mathew Walker. Alchemy Ventures is a VC that provides funding to financial, agricultural, and consumer technology-focused ventures across Australia and Asia-Pacific region. 

Alchemy Ventures is a conditionally registered ESVCLP Fund focused on investing in opportunities from Australia and the AsiaPacific Region, within early to later-stage startups working towards improving mining, financial, agricultural, and consumer technology. 

Year Founded	2016
Company Size	1-10
Number of Investments	7
Number of Exits	1
Total Fund Raised	NA
Number of Funds	NA

 

19. One Ventures

• Location: Sydney, Australia
• Industries: Healthcare, Enterprise, SaaS, Life Sciences, Fintech, Marketplace
• Investment Stage: Debt, Early Stage Venture, Late Stage Venture, Seed, Venture 
• Companies invested in: Ovo, Incoming Media, Smart Sparrow, Flippa, Lumary, hometime, Zoomo, Shippit, Onevue, Phocas, Edrolo.

Founded in 2006 by Anne-Marie Birkill, Arthur Brennand, and Bruno Yoshimura, OneVentures is a renowned VC organization in Australia that invests in cutting-edge technology and healthcare businesses. 

One venture is highly selective in its investment portfolio and it focuses on investments in high-net-worth companies as well as the government. The VC firm does more than invest, as they apply their years of international experience, and operational and execution expertise to accelerate the growth of their portfolio companies.

Year Founded	2006
Company Size	11-50
Number of Investments	57
Number of Exits	3
Total Fund Raised	AU$645,000,000
Number of Funds	7

 

20. Rampersand

• Location: Sydney, Australia
• Industries: Enterprise, Fintech, Big Data & Analytics, Cybersecurity, AR & VR, Future of Work, Supply Chain & Logistics
• Investment Stage: Early Stage, Series A, Seed
• Companies invested in: Mx51, Amazing, Mass Dynamics, Sendle, PredictHQ, Skedulo, Expert360.

Founded in 2013 by Paul Naphtali and Jim Cassidy, Rampersand is an Australian venture capital firm investing in startups and tech companies in their late seed to series A stages. Rampersand is mostly focused on those that provide data, cybersecurity, augmented reality, HR, and logistics solutions. 

Rampersand provides more than just financing to startups and entrepreneurs. This Australian VC firm is keen on becoming a trusted advisor, helping companies through the difficult parts of their building journeys. The VC is greatly interested in firms that build unique technology and demonstrate scalable business models.

Year Founded	2013
Company Size	1-10
Number of Investments	49
Number of Exits	7
Total Fund Raise	$40,000,000
Number of Funds	2