# RealVC

RealVC is a Private Equity based in Melbourne, Australia.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Melbourne, Australia
- **Region:** Oceania
- **Address:** Level 2, 88 Balmain Street, Cremorne VIC 3121, Australia
- **Founded:** 2022
- **Assets under management:** Undisclosed
- **Website:** realvc.com
- **LinkedIn:** https://www.linkedin.com/company/wearerealvc

## Regulatory record

- **Reports private funds:** No

## About

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.

## Offices

- Sydney, Australia

## People

- Paul Saunders — Managing Partner
- Martin Dalgleish — Investment Partner – Chairman of Board of Managers
- Matt Berriman — Investment Partner
- Matt Rule — Financing Partner

## 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.

## Related profiles

- [Real Time Accelerator](https://altss.com/profile/real-time-accelerator)
- [Real Ventures](https://altss.com/profile/real-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

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