# BetterLabs: portfolio, investments and team > BetterLabs is a corporate vc based in Australia. 2 investments on record, latest Apr 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/betterlabs (Millionrounds; every figure on the page links to its filing or article) Australia · [Investor](https://millionrounds.com/investors) # BetterLabs Last cheque observed Apr 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Corporate VC Quiet Seed Series A Third_age Insurance Clean_tech Follow BetterLabs and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbetterlabs) Cheques on record **0%** of best year **0** **cheques in 12 months**, 2 on record Since the last cheque **563** days **00** hrs **00** min **00** sec Median round **$12M** Cheque size, as they say **$200K – $3.0M** Rounds led **0 of 2** Pitch BetterLabs ## BetterLabs highlights - 01 2 rounds on record - 02 Mostly Series A: 100% of its rounds ## What they do > BetterLabs is an early-stage venture capital fund and venture studio based in Perth, Australia. Backed by RAC the fund invests in technology and opportunities that impact next-generation insurance, clean technology, mobility, work and money. From their own website - **Type:** Corporate VC - **Cheque size:** $200K – $3.0M as they say - **Stages:** Seed Series A - **Sectors:** Third_age Insurance Clean_tech - **Based in:** Perth, Australia - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **2 appearances** - **2025** 2 rounds - **Apr** **[WeMoney](https://millionrounds.com/company/wemoney)** Series A · AU · Startup Daily **$12M** With 5 others - **Feb** **[UpCover](https://millionrounds.com/company/upcover)** Series A · AU · Startup Daily **$11M** With 8 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What they claim to have backed From their own portfolio page (on their website) **8** of 24 we have independently watched raise [Gatheredhere](https://millionrounds.com/company/gathered-here)[Loopit](https://millionrounds.com/company/loopit)[Nebo](https://millionrounds.com/company/nebo)[Paperly](https://millionrounds.com/company/paperly)[Powerledger](https://millionrounds.com/company/power-ledger)[Spacetoco](https://millionrounds.com/company/spacetoco)[Upcover](https://millionrounds.com/company/upcover)[Wemoney](https://millionrounds.com/company/wemoney) Apply to pitch Arbela Ascendlabs Bobbleware Completehomefiltration Digiisocial Fundmydental Growimpact Heylady Ideacademy Onebasehealth Pluseight Readyteamone Tenderrelief Thevolte Waffleinsurance Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## The cheque Seed Series A Median round joined **$12M** the round, not its cheque Led 0 of 2 rounds **0%** - **Said size:** $200K – $3.0M - **Sole investor:** Never alone - **Last cheque:** Apr 2025 Rounds by stage said on their site - Series A said *2* - Seed said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching BetterLabs?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies BetterLabs put money into. [**WeMoney** $12M · Apr 2025](https://millionrounds.com/company/wemoney)[**UpCover** $11M · Feb 2025](https://millionrounds.com/company/upcover) ## Quick answers about BetterLabs ### What does BetterLabs invest in? BetterLabs invests most often at Series A (100% of the rounds on record), in sectors such as Third_age, Insurance and Clean_tech. ### How active is BetterLabs? 2 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2025. ### What has BetterLabs invested in recently? Its most recent investments on record: WeMoney (Series A, Apr 2025) and UpCover (Series A, Feb 2025). ### How big are BetterLabs's cheques? The median round it joins is $12M. It says it writes cheques of $200K to $3.0M. ### Is BetterLabs investing now? No investments in the last 12 months; the latest was in Apr 2025. ### What kind of investor is BetterLabs? BetterLabs is a corporate VC based in Perth, Australia. ### Does BetterLabs take cold pitches? Yes: its own website says it reads unsolicited pitches. ### Where does this information on BetterLabs come from? From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=betterlabs) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=betterlabs)