Private Equity

Updated:

RealVC

RealVC is a venture capital firm based in Cremorne, Australia. Founded in 2022, it focuses on Australian seed-stage technology investments. RealVC has made six...

RealVC logo

RealVC

RealVC is a venture capital firm based in Cremorne, Australia. Founded in 2022, it focuses on Australian seed-stage technology investments. RealVC has made six investments, including a Series A investment in Upcover on February 10, 2025.

General information

Firm type

Private Equity

Year founded

2022

AUM

Undisclosed

Location

Region

Oceania

Country

Australia

City

Melbourne

Corporate office

Level 2, 88 Balmain Street, Cremorne VIC 3121, Australia

Additional offices

Sydney, Australia

Principals

Paul Saunders

Managing Partner

Martin Dalgleish

Investment Partner – Chairman of Board of Managers

Matt Berriman

Investment Partner

Matt Rule

Financing Partner

Frequently asked questions

Who makes investment decisions at RealVC?

Managing Partner Paul Saunders leads investment decisions. He has over 30 years of experience, including roles at Goldman Sachs Japan and as CEO of Asia Principal Capital. Saunders personally represents RealVC on the board of every portfolio company, and is actively involved in day-to-day operations.

How concentrated is RealVC's portfolio?

RealVC maintains a highly concentrated portfolio of six companies: Livewire, frntline, Dokotela, evidentli, upcover, and Greener. This stands in contrast to the broader seed-stage model of placing dozens of small bets. The firm's Managing Partner takes a board or chair role at each company.

What investment stages does RealVC target?

RealVC targets pre-seed and seed stage funding for Australian technology companies. The firm does not publicly indicate participation in later-stage rounds, focusing its model on the earliest phase of company formation where its hands-on approach can directly shape operations.

Does RealVC co-invest alongside other venture firms?

RealVC does not publicly describe its co-investment posture or naming of syndicate partners. The firm's published materials emphasize its own direct, embedded role rather than a fund-of-funds or club-deal structure, but specific co-investors are not disclosed.

What is RealVC's geographic focus?

RealVC invests in Australian technology companies, with offices in Melbourne and Sydney. Paul Saunders' prior experience in Japan and Asia through Asia Principal Capital and Goldman Sachs Japan suggests regional relationships, but the disclosed portfolio is exclusively composed of Australian-founded firms.

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 private equity 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 Private Equity profiles