Australia · Investor

Purpose Ventures

Last cheque observed Sep 2026; 7 cheques on record.

Deploying nowNew fund $67K, Apr 2022VC firm

Pre-seedSeedSeries AVenture Capital & Private Equity

Deploying now
75%of best year3cheques in 12 months, 7 on record
Since the last cheque45days00hrs00min00sec
Median round$2.0MRounds led6 of 7Mostly inAustralia, 100%
Pitch Purpose Ventures

Purpose Ventures highlights

  1. 01

    3 cheques in the last 12 months

  2. 02

    Mostly Seed and Pre-seed: 86% of its rounds

  3. 03

    Led 6 rounds

What they do

Purpose Ventures is a venture capital fund based in Perth, Western Australia.From their own website
Type
VC firm
Cheque size
Not stated
Stages
Pre-seedSeedSeries ASeries B
Sectors
Venture Capital & Private Equity
Based in
Perth, Australia
Cold pitches
Accepted

The record

Every round we can evidence, newest first7 appearances

  1. 2026

    3 rounds

  2. Sept
    EvattoPre-seed · AU · Startup Daily$1.0MLed
  3. Aug
    EnrolaSeed · AU · Startup Daily$2.1MLed
  4. Jan
    On the HouseSeed · AU · Startup Daily$1.2MLed
  5. 2025

    2 rounds

  6. Sept
    AndromedaSeries A · AU · Startup Daily$23MWith 8 others
  7. Aug
    CourseboxSeed · AU · Startup Daily$487KLed
  8. 2024

    2 rounds

  9. Dec
    My MirrorSeed · AU · Startup Daily$4.0MLed
  10. Nov
    SpacetoCoSeed · AU · Startup Daily$2.0MLed

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.

What they claim to have backed

From their own portfolio page (on their website)

6 of 14 we have independently watched raise

CaligraCourseboxGatheredhereMymirrorPaperlySpacetocoAPPLY FOR FUNDINGAndromedaroboticsCyndrGene-sGetenrolaIdeacademyOnthehousegroupPlancare

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.

Who they invest alongside

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

Recently backed

The latest companies Purpose Ventures put money into.

Quick answers about Purpose Ventures

What does Purpose Ventures invest in?

Purpose Ventures invests most often at Seed and Pre-seed (86% of the rounds on record), in sectors such as Venture Capital & Private Equity.

How active is Purpose Ventures?

7 investments on record, 3 of them in the last 12 months, and it led 6. The most recent was in Sept 2026.

What has Purpose Ventures invested in recently?

Its most recent investments on record: Evatto (Pre-seed, Sept 2026), Enrola (Seed, Aug 2026) and On the House (Seed, Jan 2026).

How big are Purpose Ventures's cheques?

The median round it joins is $2.0M.

Does Purpose Ventures lead rounds?

Yes: it led 6 of its 7 investments on record (86%).

Where does Purpose Ventures invest?

Most of the companies it backs are in Australia (100%).

Is Purpose Ventures investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

Who does Purpose Ventures invest alongside?

Most often SE Ventures (4 rounds together) and Startmate (2 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it