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Purpose Ventures is a venture capital fund based in Perth, Western Australia, founded to support early-stage startups. The team has over a decade of experience investing in and supporting companies, focusing on those led by purpose-driven founders. They currently manage a portfolio of 8 companies.
This fund invests in early-stage companies from Pre-Seed to Series B rounds, seeking ambitious founders who aim to create innovative solutions for large markets. Purpose Ventures is industry agnostic and prioritizes partnerships with founders who demonstrate strong character, competency, and chemistry.
Notable portfolio companies include On The House, which provides free period products through smart dispensers; Cyndr, a platform for navigating strategic challenges; and Coursebox, an AI-powered platform for creating interactive training courses used by over 70,000 providers globally. Other companies include Gathered Here, My Mirror, SpacetoCo, Andromeda Gene, and PlanCare.
Submit your pitch through their website's contact form for consideration.
Yes, Purpose Ventures often leads investment rounds, particularly in early-stage funding.
The firm is open to follow-on investments, especially if the company aligns with their mission and shows significant growth potential.
Specific fund size details are not disclosed, but they actively manage a portfolio of 8 companies.
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