# Startmate: portfolio, investments and team

> Startmate is an accelerator based in Australia. 107 investments on record, 10 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

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

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

# Startmate

Last cheque observed Sep 2026; 107 cheques on record.

Email

Deploying now Accelerator

Pre-seed Seed Series A Ed-tech E-learning Learning Management System

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

Deploying now

**34%** of best year **10** **cheques in 12 months**, 107 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$1.6M** Rounds led **0 of 107** Sole investor **14 rounds** Mostly in **Australia, 78%**

Pitch Startmate

## Startmate highlights

- 01 10 cheques in the last 12 months
- 02 Mostly Seed and Venture: 57% of its rounds
- 03 Sole investor in 14 rounds, median $475K

## What they do

- **Type:** Accelerator (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Ed-tech E-learning Learning Management System
- **Based in:** Melbourne, Australia
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **107 appearances**

- **2026** 7 rounds
- **Sept** **[Elita](https://millionrounds.com/company/elita)** Seed · AU **$1.4M** With 3 others
- **Sept** **[HappyCo](https://millionrounds.com/company/happyco)** Growth · US **$52M** With 3 others
- **Aug** **[Vexev](https://millionrounds.com/company/vexev)** Series A · AU · Startup Daily **$8.6M** With 7 others
- **Jul** **[Superstat](https://millionrounds.com/company/superstat)** Pre-seed · AU · Startup Daily **$3.5M** With 4 others
- **May** **[Sicona Battery Technologies](https://millionrounds.com/company/sicona-battery-technologies)** AU **$31M** With 3 others
- **Apr** **[ULUU](https://millionrounds.com/company/uluu)** Grant · AU **$1.5M** With 2 others
- **Jan** **[On the House](https://millionrounds.com/company/on-the-house)** Seed · AU · Startup Daily **$1.2M** With 2 others
- **2025** 28 rounds
- **Dec** **[Fluency](https://millionrounds.com/company/fluency)** Series A · AU **$40M** Sole investor
- **Dec** **[ULUU](https://millionrounds.com/company/uluu)** Grant · AU **$990K** With 2 others
- **Nov** **[Keeyu](https://millionrounds.com/company/keeyu)** Pre-seed · AU · Startup Daily **$2.3M** With 10 others
- **Oct** **[Uluu](https://millionrounds.com/company/uluu)** Series A · AU · Startup Daily **$16M** With 5 others
- **Oct** **[RainStick](https://millionrounds.com/company/rainstick)** Venture · CA **Undisclosed** With 2 others
- **Sept** **[Bugster](https://millionrounds.com/company/bugster)** Seed · AR · LatamList **$300K** With 1 other
- **Sept** **[Andromeda](https://millionrounds.com/company/andromeda)** Series A · AU · Startup Daily **$23M** With 8 others
- **Sept** **[Puralink](https://millionrounds.com/company/puralink)** Seed · AU **$1.5M** With 2 others
- **Sept** **[Trova Health](https://millionrounds.com/company/trova-health)** Pre-seed · US **$630K** Sole investor
- **Sept** **[Andromeda Robotics](https://millionrounds.com/company/andromeda-robotics)** Series A · AU **$15M** With 3 others
- **Sept** **[Morse Micro](https://millionrounds.com/company/morse-micro)** Series C · AU **$58M** With 5 others
- **Aug** **[Heaps Normal](https://millionrounds.com/company/heaps-normal)** Venture · AU **Undisclosed** With 3 others
- **Jul** **[Elita](https://millionrounds.com/company/elita)** Pre-seed · AU · Startup Daily **$1.1M** With 5 others
- **Jul** **[Voqo AI](https://millionrounds.com/company/voqoai)** Pre-seed · AU **$526K** With 1 other
- **Jul** **[Aquila](https://millionrounds.com/company/aquila)** Grant · AU **$1.2M** With 3 others
- **Jul** **[JustFund](https://millionrounds.com/company/justfund)** Debt · AU **$131M** With 2 others
- **Jul** **[Alt.Leather](https://millionrounds.com/company/alt-leather)** Grant · AU **$742K** With 1 other
- **Jun** **[Lyrebird Health](https://millionrounds.com/company/lyrebird-health)** Series A · AU **$7.8M** With 2 others
- **May** **[Preventix](https://millionrounds.com/company/preventix)** Seed · MX · LatamList **$2.2M** With 6 others
- **May** **[Sicona Battery Technologies](https://millionrounds.com/company/sicona-battery-technologies)** AU · Startup Daily **$27M** With 4 others
- **May** **[VXT](https://millionrounds.com/company/vxt)** Venture · NZ **$2.5M** With 2 others
- **Apr** **[VAPAR](https://millionrounds.com/company/vapar)** Venture · AU **Undisclosed** With 1 other
- **Feb** **[Polymath](https://millionrounds.com/company/polymath)** Pre-seed · NZ · Startup Daily **$860K** With 2 others
- **Feb** **[Cake Equity](https://millionrounds.com/company/cake-equity)** Venture · US **Undisclosed** With 1 other
- **Feb** **[Tendl](https://millionrounds.com/company/tendl)** Pre-seed · AU **$1.3M** With 1 other
- **Jan** **[MyGigsters](https://millionrounds.com/company/mygigsters)** Seed · AU · Startup Daily **$1.1M** With 5 others
- **Jan** **[Elita](https://millionrounds.com/company/elita)** Pre-seed · AU **$681K** With 2 others
- **Jan** **[Chirp Labs](https://millionrounds.com/company/chirp-labs)** Pre-seed · AU **$312K** Sole investor
- **2024** 20 rounds
- **Dec** **[Sitemate](https://millionrounds.com/company/sitemate)** Series A · AU · Startup Daily **$28M** With 5 others
- **Dec** **[Clutch Glue](https://millionrounds.com/company/clutch-glue)** Pre-seed · AU **$2.0M** With 1 other
- **Nov** **[JustFund](https://millionrounds.com/company/justfund)** Seed · AU · Startup Daily **$5.7M** With 4 others
- **Nov** **[KiwiFibre](https://millionrounds.com/company/kiwifibre)** Seed · NZ **$1.9M** With 3 others
- **Oct** **[JustFund](https://millionrounds.com/company/justfund)** Grant · AU **$2.0M** 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 **12** 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)

**2** of 7 we have independently watched raise

[Airtable](https://millionrounds.com/company/airtable)[Refract](https://millionrounds.com/company/refract) Merch Universe events events investor portal

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

Pre-seed Seed Series A

Median round joined **$1.6M** the round, not its cheque Alone, median **$475K**

Led 0 of 107 rounds **0%**

- **Sole investor:** 14 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Seed said *38*
- Venture *20*
- Pre-seed said *19*
- Series A said *13*
- Grant *9*
- Series B *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2) 25
- [Icehouse Ventures](https://millionrounds.com/fund/icehouse-ventures) 13
- [Flying Fox Ventures](https://millionrounds.com/fund/flying-fox-ventures) 11
- [Callaghan Innovation](https://millionrounds.com/fund/callaghan-innovation) 10
- [Artesian VC](https://millionrounds.com/fund/artesian) 9
- [Investible](https://millionrounds.com/fund/investible) 9

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## Who they invest alongside

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

[**Blackbird Ventures** VC firm **25** rounds together](https://millionrounds.com/fund/blackbird-ventures-2)[**Icehouse Ventures** VC firm **13** rounds together](https://millionrounds.com/fund/icehouse-ventures)[**Flying Fox Ventures** VC firm **11** rounds together](https://millionrounds.com/fund/flying-fox-ventures)[**Callaghan Innovation** Investment firm **10** rounds together](https://millionrounds.com/fund/callaghan-innovation)[**Artesian VC** Asset manager **9** rounds together](https://millionrounds.com/fund/artesian)[**Investible** VC firm **9** rounds together](https://millionrounds.com/fund/investible)[**Main Sequence Ventures** VC firm **9** rounds together](https://millionrounds.com/fund/main-sequence)[**LaunchVic** Accelerator **8** rounds together](https://millionrounds.com/fund/launchvic)[**Archangel Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/archangel-ventures)[**500 Global** Angel **5** rounds together](https://millionrounds.com/fund/500-startups)[**Possible Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/possible-ventures)[**K1W1** Investment firm **4** rounds together](https://millionrounds.com/fund/k1w1)

## Recently backed

The latest companies Startmate put money into.

[**Elita** $1.4M · Sept 2026](https://millionrounds.com/company/elita)[**HappyCo** $52M · Sept 2026](https://millionrounds.com/company/happyco)[**Vexev** $8.6M · Aug 2026](https://millionrounds.com/company/vexev)[**Superstat** $3.5M · Jul 2026](https://millionrounds.com/company/superstat)[**Sicona Battery Technologies** $31M · May 2026](https://millionrounds.com/company/sicona-battery-technologies)[**Keeyu** $2.3M · Nov 2025](https://millionrounds.com/company/keeyu)

## On podcasts

4 episodes naming Startmate in the title, and 1 more that mention it.

- [Startup 360](https://millionrounds.com/podcasts/startup-360) 13 Feb 2026 · 60 min No jerks, leadership Startmate's social enterprising, Neara to unicorn Mentions [Startmate](https://millionrounds.com/fund/startmate)[Matt Jackson](https://millionrounds.com/person/matt-jackson) Apple Podcasts
- [Transparent Venture Capital](https://millionrounds.com/podcasts/transparent-vc) 7 Oct 2024 · 1h 2m Tribe Talkin' Ep 57: The SaaS Era Over? VCs Chasing M&A. VCs Question Scalare. Losing PMF Part 3. Startmate Returns. Mentions [Startmate](https://millionrounds.com/fund/startmate)[Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) Apple PodcastsShow page
- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 13 Dec 2019 · 1h 22m E1009: #StartupTuneup! Startmate Founders pitch Jason: AR presentation platform, experiential marketing, wearables that help menstrual cramps, education thru e-sports & more! Mentions [Startmate](https://millionrounds.com/fund/startmate)[Michael Batko](https://millionrounds.com/person/michael-batko) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 15 Jun 2015 · 25 min 20 VC 045: From Idea to Pitch with Alan Jones, Founding Investor @ Startmate Mentions [Startmate](https://millionrounds.com/fund/startmate)[Y Combinator](https://millionrounds.com/fund/y-combinator) Apple PodcastsShow page

### Mentioned in

- [The Healthtech Podcast](https://millionrounds.com/podcasts/healthtech-podcast) 7 Sept 2022 · 41 min #271 The Story of Mindset Health with Chris Naoumidis Apple PodcastsShow page

## Quick answers about Startmate

### What does Startmate invest in?

Startmate invests most often at Seed and Venture (57% of the rounds on record), in sectors such as Ed-tech, E-learning and Learning Management System.

### How active is Startmate?

107 investments on record, 10 of them in the last 12 months. The most recent was in Sept 2026.

### What has Startmate invested in recently?

Its most recent investments on record: Elita (Seed, Sept 2026), HappyCo (Growth, Sept 2026) and Vexev (Series A, Aug 2026).

### How big are Startmate's cheques?

The median round it joins is $1.6M.

### Does Startmate lead rounds?

Rarely, if at all: none of its 107 investments on record names it as the lead.

### Where does Startmate invest?

Most of the companies it backs are in Australia (78%), the United States (8%) and New Zealand (8%).

### Is Startmate investing now?

Yes: it is actively investing, with 10 investments in the last 12 months.

### Who does Startmate invest alongside?

Most often Blackbird Ventures (25 rounds together), Icehouse Ventures (13 rounds together) and Flying Fox Ventures (11 rounds together).

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