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Purpose Ventures

Perth-based venture capital fund investing $55m in purpose-driven Australian startups from Pre-Seed to Series B, with initial cheques of $1m-$2m.

Purpose Ventures is a venture capital fund based in Perth, Australia, investing in purpose-driven founders and startups from Pre-Seed to Series B. The fund's stated focus is on founders in Western Australia with ambitions to grow globally, and it operates across sectors including education, technology and services.

The Purpose Ventures Fund has a size of $55 million, with initial investments of between $1 million and $2 million. Beyond capital, the firm provides guidance and strategic support to portfolio companies, positioning itself as an active rather than passive backer through the earlier stages of company building.

Named portfolio companies include Coursebox, Caligra and Spacetoco. The firm also welcomes enquiries from wholesale and institutional investors interested in becoming investment partners.

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