
LaunchVic
Level 1, 45 Wangaratta Street, Richmond, Victoria, 3121, Australia
Overview
LaunchVic works in partnership with entrepreneurs, industry, business, the community and their educational institutions to strengthen Victoria’s entrepreneurial and startup ecosystem.
- Total investments
- 12
- Lead investments
- 4
- Investments · 12mo
- 1
- Active investors
- 7
Sector focus
- Finance
- Financial Services
- FinTech
Investment portfolio
- Ovum
Participated · Seed · Jun 2026
Ovum operates an AI-powered women’s health platform that captures both qualitative and quantitative health information to create longitudinal records of users’ clinical context. The company reports it has collected more than 60,000 health insights and facilitated over 113,000 AI health conversations, with users aged 15–84 tracking conditions from migraines and ADHD to PCOS, endometriosis and menopause. Ovum generates revenue through subscriptions and enterprise partnerships and has signed pilots and partnerships with organisations including Medibank, Fernwood Fitness, Sweat, Menopause Friendly Australia and Australian Red Cross Lifeblood. The startup has launched clinical trials with St George Hospital and the Royal Hospital for Women to assess AI as a preventative health tool for women. Ovum says 83% of its users have opted in to share anonymised data for research, and the company emphasises it will never sell user data and will only use data with explicit consent. Founded by Dr Ariella Heffernan-Marks in 2022, Ovum is positioning its dataset as a commercial research asset while stressing privacy, consent and clinical integrity.
- SeenCulture
Led · Seed · Jul 2024
SeenCulture provides a workplace talent management platform that helps organizations make smarter, fairer, and faster decisions about promotions, performance and pay reviews, and team design. The platform leverages data science and behavioral science to identify and highlight overlooked and underestimated talent. SeenCulture serves over 1,500 users and counts clients including Atlassian and Culture Amp. Founded in 2023 by Nikki Tugano and based in Melbourne, the company plans to expand its product development team using fresh funding. The company recently completed a funding round to support product development and growth initiatives.
- Deeligence
Led · Seed · Apr 2024
Deeligence is a Melbourne-based legaltech startup focused on streamlining the due diligence process for legal work. The company positions itself as a disruptor to the traditional billable-hour model by cutting down on the grunt work of due diligence. Both co-founders, Elena Tsalanidis and Justin Hansky, have legal backgrounds. The article highlights the startup's aim to make due diligence less tedious and costly for legal teams. Deeligence recently secured $1 million in funding, with participation from the Alice Anderson Fund. No operating metrics or prior funding rounds are mentioned in the article.
- Yume Food Australia
Participated · Seed · Jan 2024
Yume operates a software platform for consumer packaged goods manufacturers to identify and redistribute excess inventory by listing SKUs, soliciting buyer offers, and automating donation flows. The platform lets manufacturers reach up to 30 buyers at once, ranks offers via an algorithm based on supplier preferences, and supports a donation waterfall to food rescue organizations. Yume monetizes through annual subscriptions and buyer commissions and reports a 100% year‑on‑year subscription renewal rate. Since founding in 2016 it has facilitated the redistribution of 8 million kilograms of surplus food, returned A$22 million to manufacturers, helped donate over 1 million meals, and works with more than 35 large‑volume active buyers including Sodexo and Accor. The company is based in Melbourne and is a government‑recognized certified social enterprise. It plans to use new funding to prepare its technology for international expansion and to double headcount this year, with 75% of new hires focused on tech and product. Yume operates an online wholesale marketplace that lists surplus food from manufacturers, wholesalers and distributors so businesses can buy discounted bulk quantities or charities can be connected for donation. The platform displays item information, images, available quantity, shelf life and minimum order, and allows suppliers to white-label listings. Yume only works with suppliers holding recognised food-safety certifications and Hazard Analysis and Critical Control Points (HACCP) accreditation. Most listings are free to upload and donate, and Yume takes a ten percent cut on each standard commercial sale. The company handles large-volume transactions (for example, two and a half tonnes of Norwegian salmon has been purchased) and sells categories including seafood, fruits and vegetables, poultry, snacks, dry goods and dairy. Yume estimates an addressable annual supply of 400,000–600,000 quality surplus food products in Australia and plans to use recent funding to expand operations across Australia before eventual international expansion.
- Andisor
Participated · Seed · Dec 2023
Andisor operates a curated B2B wholesale platform designed to connect enterprise-level buyers and sellers and accelerate wholesale growth for brands and independent retailers. The product emphasizes data-driven analytics and segmentation to improve buying decisions, inventory turnover, and lower risk for brands entering new channels. Founder and CEO Vandana Chaudhry brings marketplace experience from roles at Deliveroo and Crocs, and the team has rapidly attracted high-calibre brands and discerning retailers. Andisor plans to use its recent financing to advance analytics and segmentation tools and pursue broader expansion, leveraging advisors and industry partners. The company cites large market opportunity metrics from McKinsey and positions itself to capitalise on a growing global B2B e-commerce market. Andisor recently closed a $1M pre-seed funding round to support product development and go-to-market efforts.