# Ellerston Capital: portfolio, investments and team

> Ellerston Capital is a private equity based in Australia. 7 investments on record, 1 in the last 12 months, latest Dec 2025.

Source: https://millionrounds.com/fund/ellerston-capital (Millionrounds; every figure on the page links to its filing or article)

Australia · [Investor](https://millionrounds.com/investors)

# Ellerston Capital

Last cheque observed Dec 2025; 7 cheques on record.

Email

Private equity Deploying now

Seed Series A Series B Analytics Enterprise Software

Follow Ellerston Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fellerston-capital)

Deploying now

**33%** of best year **1** **cheques in 12 months**, 7 on record

Since the last cheque **335** days **00** hrs **00** min **00** sec

Median round **$15M** Rounds led **0 of 7** Sole investor **1 rounds** Mostly in **Australia, 71%**

Pitch Ellerston Capital

## Ellerston Capital highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Venture and Seed: 75% of its rounds
- 03 Sole investor in 1 rounds, median $5.0M

## What they do

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** From $20M as they say
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Analytics Enterprise Software
- **Based in:** Sydney, Australia
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **7 appearances**

- **2025** 3 rounds
- **Dec** **[Bodd](https://millionrounds.com/company/bodd)** AU · Startup Daily **$15M** With 8 others
- **Oct** **[Blackpearl](https://millionrounds.com/company/blackpearl)** NZ · Startup Daily **$8.7M** With 5 others
- **Sept** **[Firmus Technologies](https://millionrounds.com/company/firmus-technologies)** SG · Startup Daily **$330M** With 6 others
- **2015** 2 rounds
- **Jun** **[Zoom2u](https://millionrounds.com/company/zoom2u)** Seed · AU **$850K** With 1 other
- **Jun** **[hipages Group](https://millionrounds.com/company/hipages-group)** Venture · AU **$6.0M** With 3 others
- **2014** 1 round
- **May** **[hipages Group](https://millionrounds.com/company/hipages-group)** Venture · AU **$6.0M** With 3 others
- **2012** 1 round
- **Jan** **[Temando](https://millionrounds.com/company/temando)** Series A · AU **$5.0M** Sole investor

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.

## The cheque

Seed Series A Series B

Median round joined **$15M** the round, not its cheque Alone, median **$5.0M**

Led 0 of 7 rounds **0%**

- **Said size:** From $20M
- **Sole investor:** 1 rounds
- **Last cheque:** Dec 2025

Rounds by stage said on their site

- Venture *2*
- Seed said *1*
- Series A said *1*
- Series B said *-*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Australian Ethical Investment](https://millionrounds.com/fund/australian-ethical-investment) 2
- [Right Click Capital](https://millionrounds.com/fund/right-click-capital) 2

**Pitching Ellerston Capital?** 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 *→*

## Who they invest alongside

The investors most often in the same rounds as Ellerston Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Australian Ethical Investment** VC firm **2** rounds together](https://millionrounds.com/fund/australian-ethical-investment)[**Right Click Capital** VC firm **2** rounds together](https://millionrounds.com/fund/right-click-capital)

## Recently backed

The latest companies Ellerston Capital put money into.

[**Bodd** $15M · Dec 2025](https://millionrounds.com/company/bodd)[**Firmus Technologies** $330M · Sept 2025](https://millionrounds.com/company/firmus-technologies)

## Quick answers about Ellerston Capital

### What does Ellerston Capital invest in?

Ellerston Capital invests most often at Venture and Seed (75% of the rounds on record), in sectors such as Analytics and Enterprise Software.

### How active is Ellerston Capital?

7 investments on record, 1 of them in the last 12 months. The most recent was in Dec 2025.

### What has Ellerston Capital invested in recently?

Its most recent investments on record: Bodd (Dec 2025), Blackpearl (Undisclosed round, Oct 2025) and Firmus Technologies (Sept 2025).

### How big are Ellerston Capital's cheques?

The median round it joins is $15M.

### Does Ellerston Capital lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

### Where does Ellerston Capital invest?

Most of the companies it backs are in Australia (71%), New Zealand (14%) and Singapore (14%).

### Is Ellerston Capital investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Ellerston Capital invest alongside?

Most often Australian Ethical Investment (2 rounds together) and Right Click Capital (2 rounds together).

## 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=ellerston-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=ellerston-capital)
