Purpose Ventures
Venture capitalPerth · Pre-Seed–Series B
Investment thesis
Purpose Ventures invests in purpose-driven founders who are chasing their life cause and have the ambition to build globally impactful companies. Industry agnostic, the firm invests from Pre-Seed to Series B. It emphasizes a relational, founder-first approach drawn from its team's experience establishing, scaling and exiting companies. When evaluating opportunities the firm focuses on awesome founders (character, competency and chemistry), large markets with global ambition and defensibility, and innovative solutions with demonstrated customer demand and willingness to pay. Based in Western Australia, it also values economic impact in its home region.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 12 of 16 portfolio companiesAI & Machine Learning ×5SaaS ×5Data & Infrastructure ×3Digital Health ×2EdTech ×2Enterprise Software ×2Hardware ×2Healthtech ×2
HQs:Australia×6United States×1
Investments · 16 tracked
founders shown can be your intro pathAssistive humanoid companion robot providing social and cognitive support for older adults and children.
Andromeda operates a marketplace connecting AI teams with GPU compute providers, enabling buyers to source distributed compute capacity at scale and sellers to monetize spare infrastructure through a standardized platform with automated benchmarking and unified contracting.
AI & Machine LearningCloud ComputingData & Infrastructure
Co-investorsParadigmArtesianForerunner VenturesNFDGRethink ImpactStartmate
Dromeda designs empathetic companion robots intended to reduce loneliness and social isolation, primarily for aged care and assisted living facilities.
AI & Machine LearningHealthtechRoboticsMelbourne, AU
Grace Brown(Founder)in
Co-investorsForerunner VenturesGalileo VenturesRethink ImpactStartmateArtesianVisible Ventures
Andromeda builds a "digital knowledge twin" that combines knowledge graph, vector, relational, and search infrastructure with LLM-powered interfaces to deliver auditable, source-attributed answers.
AI & Machine LearningData & InfrastructureEnterprise Software
Manish Modh(Founder)in
Co-investorsCapital FactoryThe Veteran FundArtesianForerunner VenturesNFDGParadigm+2 more
Caligra is a computer hardware company designing devices for technical professionals including scientists, artists, engineers, and designers to support creative and technical work.
Developer ToolsEnterprise SoftwareHardware
Co-investorsBlackbird Ventures
Coursebox is an AI platform for creating, managing, and delivering online training courses, offering AI course generation, assessments, video creation, and white-label LMS delivery via SCORM, LTI, and CMS plugins.
AI & Machine LearningEdTechSaaSPerth, AU
Travis(Co-founder & CEO)Alex(Co-founder & COO)
Cyndr offers a capability intelligence platform that maps organisations, research activity, and technologies across national security and emerging technology ecosystems.
Data & InfrastructureDeep TechDefense TechGovTechSaaS
Global end-of-life services platform for comparing funeral directors and creating online wills.
My Mirror provides online psychology and therapy through secure video sessions with registered Australian psychologists, along with a personal dashboard to track progress between sessions.
Digital HealthMental HealthWellness & Fitness
Provides free period products in women's bathrooms via smart dispensers funded by advertising.
On the House Group operates ad-funded vending machines that dispense free period products in public venues such as universities, stadiums, and retail centres, letting users scan and join to receive products and brand offers.
AdTechFemTechHardware
Paperly is an administrative software platform for K-12 schools that consolidates workflows, documentation, communication, and oversight into one system, covering trips and excursions, digital forms, compliance, risk assessments, and announcements.
EdTechSaaS
Co-investorsSkalata
Platform helping Home Care Package recipients self-manage funding for at-home support.
Portfolio news
latest coverage across their companiesAndromeda · financemagnates.com · Jun 23, 2026
Andromeda · financemagnates.com · Jun 23, 2026
Andromeda · financemagnates.com · Jun 23, 2026
Frequently asked questions
- How many investments has Purpose Ventures made?
- Purpose Ventures has 13 tracked investments.
- What stage does Purpose Ventures invest at?
- Purpose Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.
- What sectors does Purpose Ventures focus on?
- Purpose Ventures focuses on Sector Agnostic.
- Where is Purpose Ventures located?
- Purpose Ventures is headquartered in Perth, AU.
Images
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