Venture Capital

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Upswell Ventures

Upswell Ventures is a venture capital based in Perth; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts for...

Upswell Ventures logo

Upswell Ventures

Upswell Ventures is a venture capital firm based in Australia. It focuses on early-stage investments. The firm has made 5 investments to date.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

Oceania

Country

Australia

City

Perth

Corporate office

Perth, WA, Australia

Sector focus

Enterprise SoftwareAI/ML

Frequently asked questions

What investment stages does Upswell Ventures target?

Upswell focuses on seed and early-stage start-up rounds. The firm typically invests when companies are pre-revenue or at the very early stages of commercialization, aiming to provide the initial institutional capital that helps Australian founders build globally competitive B2B software and AI products.

Does Upswell participate in fund commitments or only direct deals?

Upswell makes direct equity investments into portfolio companies rather than operating as a fund-of-funds. The firm is structured to lead or co-lead seed rounds, though public documentation on whether it ever commits as an LP into other venture funds is not available.

Which sectors does Upswell Ventures explicitly focus on?

The firm invests in enterprise software and applied AI companies. It targets B2B founders building from Australia for global markets. The concentration reflects Western Australia's emerging strength in resource-adjacent technology, industrial software, and enterprise SaaS.

How is Upswell Ventures positioned within the Australian venture capital market?

Australia's venture industry is heavily weighted toward Sydney and Melbourne. Upswell is one of the limited number of dedicated early-stage VC firms headquartered in Perth. This gives it a structural advantage in accessing Western Australian founders who struggle to get on the radar of east-coast funds.

Does Upswell Ventures maintain philanthropic structures or separate family office operations?

There is no public record of affiliated philanthropic foundations, family office structures, or co-investor club vehicles tied to Upswell. The firm appears to operate as a standalone venture capital manager without adjacent wealth management or charitable entities.

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