# Purpose Ventures: portfolio, investments and team > Purpose Ventures is a vc firm based in Australia. 7 investments on record, 3 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/purpose-ventures (Millionrounds; every figure on the page links to its filing or article) Australia · [Investor](https://millionrounds.com/investors) # Purpose Ventures Last cheque observed Sep 2026; 7 cheques on record. Email Deploying now New fund $67K, Apr 2022 VC firm Pre-seed Seed Series A Venture Capital & Private Equity Follow Purpose Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fpurpose-ventures) Deploying now **75%** of best year **3** **cheques in 12 months**, 7 on record Since the last cheque **45** days **00** hrs **00** min **00** sec Median round **$2.0M** Rounds led **6 of 7** Mostly in **Australia, 100%** Pitch Purpose Ventures ## Purpose Ventures highlights - 01 3 cheques in the last 12 months - 02 Mostly Seed and Pre-seed: 86% of its rounds - 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-seed Seed Series A Series B - **Sectors:** Venture Capital & Private Equity - **Based in:** Perth, Australia - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **7 appearances** - **2026** 3 rounds - **Sept** **[Evatto](https://millionrounds.com/company/evatto)** Pre-seed · AU · Startup Daily **$1.0M** *Led* - **Aug** **[Enrola](https://millionrounds.com/company/enrola)** Seed · AU · Startup Daily **$2.1M** *Led* - **Jan** **[On the House](https://millionrounds.com/company/on-the-house)** Seed · AU · Startup Daily **$1.2M** *Led* - **2025** 2 rounds - **Sept** **[Andromeda](https://millionrounds.com/company/andromeda)** Series A · AU · Startup Daily **$23M** With 8 others - **Aug** **[Coursebox](https://millionrounds.com/company/coursebox)** Seed · AU · Startup Daily **$487K** *Led* - **2024** 2 rounds - **Dec** **[My Mirror](https://millionrounds.com/company/my-mirror)** Seed · AU · Startup Daily **$4.0M** *Led* - **Nov** **[SpacetoCo](https://millionrounds.com/company/spacetoco)** Seed · AU · Startup Daily **$2.0M** *Led* 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 [Caligra](https://millionrounds.com/company/caligra)[Coursebox](https://millionrounds.com/company/coursebox)[Gatheredhere](https://millionrounds.com/company/gathered-here)[Mymirror](https://millionrounds.com/company/my-mirror)[Paperly](https://millionrounds.com/company/paperly)[Spacetoco](https://millionrounds.com/company/spacetoco) APPLY FOR FUNDING Andromedarobotics Cyndr Gene-s Getenrola Ideacademy Onthehousegroup Plancare 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. New fund on file **$67K** raised in Apr 2022 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$2.0M** the round, not its cheque Led 6 of 7 rounds **86%** - **Sole investor:** Never alone - **Last cheque:** Sept 2026 Rounds by stage said on their site - Seed said *5* - Pre-seed said *1* - Series A said *1* - Series B said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [SE Ventures](https://millionrounds.com/fund/se-ventures) 4 - [Startmate](https://millionrounds.com/fund/startmate) 2 **Pitching Purpose Ventures?** 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 Purpose Ventures. A count of rooms they were both in, not a relationship either has claimed. [**SE Ventures** Corporate VC **4** rounds together](https://millionrounds.com/fund/se-ventures)[**Startmate** Accelerator **2** rounds together](https://millionrounds.com/fund/startmate) ## Recently backed The latest companies Purpose Ventures put money into. [**Evatto** $1.0M · Sept 2026](https://millionrounds.com/company/evatto)[**Enrola** $2.1M · Aug 2026](https://millionrounds.com/company/enrola)[**Andromeda** $23M · Sept 2025](https://millionrounds.com/company/andromeda)[**Coursebox** $487K · Aug 2025](https://millionrounds.com/company/coursebox)[**My Mirror** $4.0M · Dec 2024](https://millionrounds.com/company/my-mirror)[**SpacetoCo** $2.0M · Nov 2024](https://millionrounds.com/company/spacetoco) ## 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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