Venture Capital

Updated:

Flying Fox Ventures

Flying Fox Ventures is a venture capital firm founded in 2021 in Cremorne, Victoria. It invests in seed-stage and early-stage companies in B2B, B2C, SaaS, and...

Flying Fox Ventures logo

Flying Fox Ventures

Flying Fox Ventures is a venture capital firm founded in 2021 in Cremorne, Victoria. It invests in seed-stage and early-stage companies in B2B, B2C, SaaS, and technology sectors. The firm has made 73 investments, including a Series A investment in Operata on February 10, 2026.

General information

Firm type

Venture Capital

Year founded

2021

Location

Region

Oceania

Country

Australia

City

Melbourne

Corporate office

Melbourne, Australia

Principals

Rachael Neumann

Co-Founding Partner

Kylie Frazer

Co-Founding Partner

Jera Guntang

Operations Manager

Frequently asked questions

Who runs investment decisions at Flying Fox Ventures?

Rachael Neumann and Kylie Frazer, the co-founding partners, lead investment decisions. Neumann's background spans operating roles at Eventbrite and AWS, plus angel investing through Working Theory Angels. Frazer spent 20 years in technology M&A law before founding Eleanor Venture. The firm's website lists no additional investment professionals beyond the two co-founders and an operations manager.

How does Flying Fox source proprietary deal flow?

The firm's Angel School acts as an unusual sourcing engine — it trains corporate teams and individuals in startup investing, building a network of alumni who refer and sometimes co-invest in deals. Neumann's role as lead instructor for Wade Institute's VC Catalyst program further extends the firm's reach into the Australian founder and investor ecosystem. Both co-founders draw on extensive personal networks from their prior operating and advisory careers.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on venture capital firms?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Melbourne Venture Capital profiles