Australia · Investor

Shearwater Capital

Last cheque observed Apr 2026; 5 cheques on record.

Deploying nowVC firm

Pre-seedSeedSeries AB-to-bB2b2cB To B

Deploying now
75%of best year3cheques in 12 months, 5 on record
Since the last cheque194days00hrs00min00sec
Median round$23MCheque size, as they say$50K – $5.0MRounds led2 of 5Mostly inAustralia, 80%
Pitch Shearwater Capital

Shearwater Capital highlights

  1. 01

    3 cheques in the last 12 months

  2. 02

    Mostly Series A and Series B: 80% of its rounds

  3. 03

    Led 2 rounds

What they do

Shearwater Capital is a $100m venture fund which has three founders as partners.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$50K – $5.0M as they say
Stages
Pre-seedSeedSeries ASeries BGrowthPre-IPO
Sectors
B-to-bB2b2cB To B
Based in
Sydney, Australia
Cold pitches
Accepted

The record

Every round we can evidence, newest first5 appearances

  1. 2026

    3 rounds

  2. Apr
    IdeallySeries A · NZ · Ventureburn$10MLed
  3. Mar
    LykaSeries C · AU · Shearwater Capital$47MWith 7 others
  4. Jan
    FactorySeries A · AU · Startup Daily$4.7MLed
  5. 2025

    1 round

  6. Oct
    NexlSeries B · AU · Startup Daily$23MWith 5 others
  7. 2024

    1 round

  8. Dec
    SitemateSeries A · AU · Startup Daily$28MWith 5 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 2 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)

4 of 16 we have independently watched raise

Contented Founders (MayPhil ThurnerSeed -Seed -2016 - Inception investor2020 - Series A22021 - Series A2024 - Inception InvestorFactory FoundersFounder secondary -Inception investor -Inception investor -Lokol Founders InceptionPostPre-Seed -Series A -

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 Shearwater Capital. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Shearwater Capital put money into.

Quick answers about Shearwater Capital

What does Shearwater Capital invest in?

Shearwater Capital invests most often at Series A and Series B (80% of the rounds on record), in sectors such as B-to-b, B2b2c and B To B.

How active is Shearwater Capital?

5 investments on record, 3 of them in the last 12 months, and it led 2. The most recent was in Apr 2026.

What has Shearwater Capital invested in recently?

Its most recent investments on record: Ideally (Series A, Apr 2026), Lyka (Series C, Mar 2026) and Factory (Series A, Jan 2026).

How big are Shearwater Capital's cheques?

The median round it joins is $23M. It says it writes cheques of $50K to $5.0M.

Does Shearwater Capital lead rounds?

Yes: it led 2 of its 5 investments on record (40%).

Where does Shearwater Capital invest?

Most of the companies it backs are in Australia (80%) and New Zealand (20%).

Is Shearwater Capital investing now?

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

Who does Shearwater Capital invest alongside?

Most often Investible (2 rounds together) and OIF Ventures (2 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

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