Purpose Ventures
Est. dry powder
—
Not reported
AUM
$32.5M
Assets under management
Latest fund
—
Purpose Venture Fund I, size not reported
Est. cheque size
—
Not reported
Deals, last 12 months
4
Last seen investing Sep 2026
About Purpose Ventures
Purpose Ventures is a venture capital firm that seeks investments globally and invests in innovative early-stage businesses in the WA start-up ecosystem. Purpose Ventures is founded in 2023. It is the first fund in Western Australia (WA) to be registered as an Early-Stage Venture Capital Limited Partnership (ESVCLP)for their fund "Purpose Venture Fund 1".
- Type
- Venture Capital Firm
- Headquarters
- Perth, Western Australia, Australia
- Stages
- SeedSeries AEarly Stage
- Sectors
- Diversified
- Regions
- Australasia
- Strategies
- Pre-Seed, Seed, Series A
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Seed8
- Series A1
Across 13 deals
Portfolio sectors
- Education/Training3
- Software2
- Biotechnology1
- Healthcare1
- Healthcare IT1
Across 11 companies
Portfolio countries
- Australia11
Across 11 companies
Recent investments
Newest 5 of 13
- Unspecified Round$1M
evatto
Sep 2026 · Unspecified Round
- Seed$2.1M
Enrola Pty Ltd
Aug 2026 · Seed
- Seed$1.7M
On The House Group Pty Ltd
Jan 2026 · Seed
- Unspecified Round$3M
Paperly Pty Ltd
Nov 2025 · Unspecified Round
- Series A$15M
Andromeda Robotics Operations Pty Ltd
Sep 2025 · Series A
Offices
1 location
- Perth, Western Australia, AustraliaHQ
Questions about Purpose Ventures
What stages does Purpose Ventures invest in?
Purpose Ventures has invested at Seed, Series A and Early Stage. Its most frequent rounds on record are Seed and Series A.
What has Purpose Ventures invested in recently?
Recent investments include evatto, Enrola Pty Ltd and On The House Group Pty Ltd. It made 4 investments in the last 12 months.
Where is Purpose Ventures based?
Purpose Ventures is headquartered in Perth, Australia.