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The Venture Codex

Overview

Early stage venture capital fund investing in Australian startups.

Founded

2020

Deals ยท 12mo

5

Stage focus

Seed

Geographic focus

Australia
United States

Sector focus

Financial Services
Venture Capital

Investment portfolio

24rounds
NAMEDATESIZE
ReFresh
Sep 2026Participated
$2 MSeed
Sophiie AI
Aug 2026Participated
$4 MSeed
Nitrosend
Jun 2026Participated
$0.70 MSeed
Fluency
Feb 2026Participated
$6 MSeed
Hachiko
Dec 2025Led
$3 MSeed
Fluency
Apr 2025Participated
$0.99 MSeed
Heidi Health
Mar 2025Participated
$17 MSeries A
Mutinex
Oct 2024Participated
$11 MOther Equity
SPEC Toolbox
May 2024Participated
$1 MOther Equity
Key
Mar 2024Participated
$4 MOther Equity
Mist
Dec 2023Participated
$1 MSeed
SPEC Toolbox
Nov 2023Led
$2 MSeed
ReFresh
Sep 2026Participated
$2 MSeed
Sophiie AI
Aug 2026Participated
$4 MSeed
Nitrosend
Jun 2026Participated
$0.70 MSeed
Fluency
Feb 2026Participated
$6 MSeed
Hachiko
Dec 2025Led
$3 MSeed
Fluency
Apr 2025Participated
$0.99 MSeed
Heidi Health
Mar 2025Participated
$17 MSeries A
Mutinex
Oct 2024Participated
$11 MOther Equity
SPEC Toolbox
May 2024Participated
$1 MOther Equity
Key
Mar 2024Participated
$4 MOther Equity
Mist
Dec 2023Participated
$1 MSeed
SPEC Toolbox
Nov 2023Led
$2 MSeed
24
Items
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Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Archangel Ventures: 24 funding rounds are recorded in the selected participation categories.All available history.
Archangel Ventures: 24 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed313
Series A02
Other Equity24

Monthly Deal Activity

Archangel Ventures: 24 deals are recorded across 139 months.All available history.
Archangel Ventures: 24 deals are recorded across 139 months. All available history
MonthDeals
Apr '151
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '213
Sep '210
Oct '210
Nov '210
Dec '211
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '221
Jan '230
Feb '230
Mar '230
Apr '231
May '231
Jun '230
Jul '231
Aug '230
Sep '231
Oct '231
Nov '231
Dec '231
Jan '240
Feb '240
Mar '241
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '251
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '251
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '261
Sep '261
Oct '260

Sector Breakdown

Archangel Ventures: Enterprise Software is the largest displayed sector by deal count (13 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Archangel Ventures: Enterprise Software is the largest displayed sector by deal count (13 deals). All available history
SectorDeals
Enterprise Software13
AI & Machine Learning8
Data, Analytics & IT4
Marketing & Advertising4
Fintech4
Health & Life Sciences4
Clean Energy & Sustainability3
Real Estate & Construction3
Networks, Cloud & Communication2
Hardware & Robotics2
Professional Services2
E-Commerce & Retail1
Consumer & Lifestyle1
Crypto & Blockchain1
Manufacturing1
Media & Entertainment1
Social & Community Platforms1

Deal Size Distribution

Archangel Ventures: 24 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Archangel Ventures: 24 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M19
$5M-$10M3
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Archangel Ventures: Australia has the largest recorded deal count among the displayed regions (18 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Archangel Ventures: Australia has the largest recorded deal count among the displayed regions (18 deals). All available history
RegionDeals
Australia18
United States3
Singapore1
30001
Canada1
Archangel Ventures: 20 co-investors are shown, with Blackbird Ventures sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Archangel Ventures: Led accounts for 21% and participating for 79% of round participation.All available history.
Archangel Ventures: Led accounts for 21% and participating for 79% of round participation. All available history
CategoryDeals (count)Share (%)
Led521%
Participating1979%
Archangel Ventures: Single-lead accounts for 80% and co-led for 20% of lead dynamics.All available history.
Archangel Ventures: Single-lead accounts for 80% and co-led for 20% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead480%
Co-led120%

Team

Ben Armstrong

Co-Founder and Managing Partner

Quentin Wallace

Co-Founder & Partner

Rayn Ong

Partner