Archangel Ventures is an early stage venture capital fund that focuses on investing in Australian startups. They work closely with technology founders and investors to build game-changing companies together. Their team consists of experienced start-up operators and investors with broad networks and complementary skills. Archangel Ventures differentiates itself by deploying most of its funds in pre-seed and seed investments, providing empathetic support to founders, offering business guidance and advice, and facilitating introductions to industry insiders and later stage VCs. They have made investments in various industries, including health, fintech, logistics, recycling, ecommerce, AI, and Web3. In 2021, Archangel Ventures made 24 investments in 18 early stage companies, supported 47 founders (20% of whom had a female founder and 50% from diverse backgrounds), and invested alongside leading foreign and domestic investors. They continue to build their team and scale their platform to become Australia's best pre-seed and seed VC firm.

Archangel Ventures

Archangel is an early stage venture capital fund investing in Australian startups. We work with great technology founders and investors to build game changing companies together.

The Archangel team is a rare combination of experienced start-up operators and investors with broad networks and complimentary skills. Most importantly, like the founders we back, we believe that this is our life’s work.

Despite record levels of capital flowing into venture in recent years, large VCs deploy the majority of their funds at Series A or later. Archangel is different, we deploy most of our funds in pre-seed and seed investments and our people, investment strategy and culture are built around sourcing the very best early-stage deals and assisting those founders to build better companies in their formative first years.

Ask some of our founders and they will tell you what sets us apart;
- Our empathy and understanding of the founder's journey (our team has been there themselves)
- Our ability to move quickly and decisively with minimal distraction to the business
- Our willingness to give pointed business guidance and advice and begin the process of transitioning from a visionary founder to a world-beating CEO
- Introductions to industry insiders for specialized knowledge and advice
- Introductions to later stage VCs in Australia and abroad and assistance in preparing for future fund raises

Our considerable experience and expertise in round 1 investing allows us to be supportive high value partners and create big wins for the founders and investors we serve. If you’re a founder looking for capital or investor looking for a diversified high growth Australian venture portfolio please contact us using the form below. We’d love to hear from you!

Get in touch via the form on our website: https://www.archangel.vc/

Archangel Ventures is thrilled to get this chance to support Adam Jones  Ringo Thomas and the CLT Toolbox team on their critical mission to reduce embedded carbon in construction.

CLT Toolbox is at the perfect cross section of software and climate tech to help mass timber go mainstream and move construction towards sustainability. 

We’re also grateful that Adrian Hondros BlueScopeX Ecotone Ventures Flying Fox Ventures and Gravel Road Ventures have joined us on this journey towards net zero and beyond. 

#aussiestartups #startups #vc #aussiefounders #aussievc #climatetech #1atround1

Archangel Ventures is proud to share our recent investment in SearchEye, led by our friends at AfterWork Ventures.

SearchEye is the all-in-one platform creating a marketplace where brands can source and connect with publishers and content creators. 

If you're a brand or a creator in the fin-tech and legal-tech space, get in touch with Christian Thurston and Chris Porteous to amplify your message!

Say hello to Ben Armstrong on 16th August at SmartCompany x Amazon Web Services (AWS)'s "Scale Up: Growing your startup beyond a seed" event in Melbourne! 

Ben will also be speaking on a panel alongside Jodie Imam and Emily Casey - we know he'll be sharing pearlers of wisdom (portfolio company pun intended).


**Edit: Sydney event is tomorrow (10 Aug), but Melbourne event is 16 Aug. Ben will only be at the Melbourne event!!

Dive into Ben Armstrong's latest thoughts on supporting innovation in Australia. Once you're finished reading and feeling inspired to try something new, check out our portfolio companies - we've got something for (hopefully) everyone!

What a year! *sigh of relief* 😅 

FY2023 was a rollercoaster (to say the least)! We saw both the lofty highs of valuation as we closed out 2022, and then felt the pull-back in the VC market and more broadly, the Australian economy. Despite the motion sickness, this was an incredible time of growth, reflection and opportunity for Archangel. 

We achieved a number of key milestones. You almost wouldn’t believe that it was just over 12 months ago that we launched our flagship fund (the 2022 Fund)!

• Closed our fund at ~A$40M, which wouldn’t be possible without our investors and the broader community that have supported us and our founders (thank you!).

• Welcomed Sandra Suen to the team as an investment associate, working alongside our team on deals and supporting our portfolio founders.

• Made 24 investments (often with co-investment from remarkable VCs in the Australian ecosystem), taking our total portfolio to 50 portfolio companies and 90+ founders.

• Continued to build our presence i) locally in the early-stage scene through events and our Founder community, and ii) internationally by taking early steps to expanding our networks into the UK and the US. 

More importantly, our portfolio companies have taken leaps and bounds! We’re so proud to share just a few (in no particular order):

• pearler: At the heart of everything Pearler does are their three pillars - community, long-term investment and financial literacy. To build on this mission, Pearler launched the Get Rich Slow Club podcast, which debuted at #2 in the Aussie Business Podcasts charts!! This is a great educational tool for young people and first-time investors.

• BodyGuide: BodyGuide is on a mission to prevent injuries by improving health literacy. BodyGuide will be partnering with Multiplex and La Trobe University on a unique research project for injury prevention alongside deep industry engagement.

• One Future Football: Launched their virtual worldwide soccer league, with 12 super clubs, 250+ players from 80+ countries. The season has kicked off, and we can’t wait to see some of the jam-packed games and big storylines in store!

• Primary: Primary is the modern OS for treasury management. So, it’s only fitting that they launched an informed treasury management guide for Australian start-ups.

• PUSHAS: Pushas has become the go-to place if you’re in Australia and looking for hype apparel. What does hype mean? Before web3 and AI, hype was in sneakers and apparel. If that still doesn’t make sense, check out their YouTube channel (or TikTok if you’re so inclined). 

• Atelier: Atelier has launched its world-first cloud-based manufacturing solution, which will significantly shorten product development cycles for beauty brands of all sizes. 

Without a doubt, we could just go on and on, so don’t forget to ask us about what our portfolio are up to next time you see us!! 

Ben ArmstrongQuentin Wallace😱 Rayn OngAndrew CicuttoSandra Suen

Despite what the photos show, 😱 Rayn Ong  could hardly contain his excitement on the panel, sharing insights with founders on raising from the perspective of an early stage investor #1atround1

We're looking forward to #RA23 Demo Day!

We are thrilled to share some game-changing news ⚽⚽! We are joining One Future Football, founded by the incredible duo that is Rohit Bhargava and Peter Davis, on their journey to revolutionise the world of soccer. 

1FF's league will consist of 12 founding member teams based in different countries and players representing 88 countries. Never before has it been more true than with 1FF, that 'soccer is the universal sport'. 

Season 1 kicks off on 23 June!! If you can't wait that long, check out some of their pre-season clips (link in the comments).

Incredible to see the Earlywork story being shared by The Australian, and we're even prouder to be able to shout from the rooftops about the important work Earlywork is doing for the ecosytem. 

Earlywork Academy is the Australia's only tech bootcamp with a job guarantee, and the only tech sales bootcamp in the region!

Get in touch with 🌞 Dan BrockwellJono Herman🎉 Marina Wu if you're looking to break into tech sales

Archangel Ventures is proud to share our recent investment into Citadel.Run, led by our friends at Flying Fox Ventures and alongside 1in100 Ventures and strategic angels.

Citadel is a turn-key cloud solution for compliance infrastructure and ongoing compliance management for a number of frameworks, including ISO27001 and SOC2.

Get in touch with the incredible team that is Allan Denot and Mark Ghiasy, if you're interested in compliance within ISO27001, SOC2, CDR, HIPAA frameworks (and other letters of the alphabet)!

As an early stage VC, naturally, you'll spend each day trying to sift through the universe of startups to find those that fit your thesis and will deliver venture scale returns. Some investors may follow the crowd, the zeitgeist or hype of the moment as new themes emerge that capture the public imagination, press and waves of capital.

At the moment the current hype is AI and LLMs. Serious money is being spent by Big Tech, scaleups, startups and investors to chase the latest ‘paradigm shift’*. We've already seen some exciting developments around content creation (text, images, video and even music) and some promising productivity gains, but expect that there will be much greater yet to come.

Paradoxically, the biggest companies are often not started during the hype cycle. Nonetheless they have all benefited from 'hype', either in raising public awareness for something they are first movers to, or creating the fertile ground for their innovation, once most competitors have given up during the trough of disillusionment.

A good part of Archangel Ventures' thesis, as an early stage investor, is trying to invest in companies outside the hype cycle. We’re not always going to be right but we believe the greatest potential for returns is to be non-consensus and (hopefully) right!

We’ve backed nearly 50 companies in the last few years and are continuing to invest through this VC winter. We’re doing a final close of our fund next month. So, if you are a sophisticated investor and want to support some great companies at the beginning of their journeys, get in touch with our team or via our website.

* Disclosure: We’ve also got a horse in the LLM race we’re pretty excited about Relevance AI and a bunch of other great startups leveraging AI to do incredible things like One Future Football, Heidi Health, and CoTreat.

Ben Armstrong Quentin Wallace 😱 Rayn Ong Andrew Cicutto Sandra Suen

VC:ARCHANGEL

Archangel Ventures

Financials Not Available