Purpose Ventures
Overview
Purpose Ventures is a venture capital firm based in Perth, Western Australia, dedicated to supporting purpose-driven founders aiming to make a positive impact on the world. The firm invests in early-stage companies across various industries, focusing on those with innovative solutions addressing current global challenges. Purpose Ventures partners with founders from Pre-Seed to Series B rounds, emphasizing a highly relational approach to foster trust and collaboration. The team comprises experienced professionals who have been founders themselves, bringing a wealth of knowledge to guide entrepreneurs through their journey. The firm is industry agnostic, seeking companies with global ambition and the potential for significant economic impact. Purpose Ventures has a strong commitment to the local community, with a significant portion of its investments directed towards Western Australia-based startups. This focus aims to bolster the local economy and support the growth of innovative businesses within the region. The firm's portfolio includes a diverse range of companies, reflecting its broad investment interests and dedication to fostering innovation across multiple sectors. Purpose Ventures is known for its founder-friendly process, providing not only capital but also strategic guidance and support to help startups scale and succeed. The firm continues to actively seek new investment opportunities, aiming to back the next generation of entrepreneurs and innovators who are committed to making a difference in the world. Purpose Ventures remains a prominent player in the Australian venture capital landscape, contributing to the growth and success of early-stage companies with a focus on social impact and innovation.
Investment Focus
- Purpose-driven founders
- Innovative solutions to global challenges
- Potential for significant economic impact
- Global ambition
- Based in Western Australia (preferred)
Portfolio Companies
Reach Purpose Ventures directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about Purpose Ventures
What sectors does Purpose Ventures invest in?
Purpose Ventures invests in Technology, Healthcare, Real Estate, Media, Retail and Education, and is based in Daglish, Australia. Purpose Ventures is listed as a venture capital in the ConnectSafely investor database.
What stage does Purpose Ventures invest at?
Purpose Ventures backs companies at Pre-Seed, Seed, Early Stage, Series A and Series B, writing cheques of 1M - 5M.
Which regions does Purpose Ventures invest in?
Purpose Ventures invests across Australia.
Who are the partners at Purpose Ventures?
Team members listed for Purpose Ventures include Derek Gerrard (Co-Founder | Managing Director) and Nicole Lockwood (Venture Partner).
What companies has Purpose Ventures invested in?
Purpose Ventures's portfolio includes Paperly, Plancare, IDEAcademy, Coursebox, My Mirror, SpacetoCo, Andromeda Robotics and GeneS.
How do I contact Purpose Ventures?
Purpose Ventures's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
