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The Venture Codex

Scale Investors

Level 2 520 Bourke St, Melbourne, VIC, 3000, Australia

Overview

Their vision is to equip women to become successful investors whose wealth is enhanced through connection with, investment in, and support of women entrepreneurs in early stage businesses. Scale is a female focused angel investor network. They were founded in Melbourne in March 2013 inspired by the US based organisation Golden Seeds. Their founding members are women, but they welcome and include men who share their vision of maximizing returns by supporting early stage businesses that value gender diverse leadership.

Total investments
8
Lead investments
1
Investments · 12mo
3
Active investors
6

Sector focus

  • Business Development
  • Finance
  • Financial Services
  • Funding Platform
  • Venture Capital
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Investment portfolio

  • Agscent

    Participated · Equity · Jul 2026

    Agscent’s core product is an AI-driven biological sensing platform that analyses volatile organic compounds in breath and air, using sensing capabilities licensed from NASA-derived technology. The platform can detect pregnancy in cattle as early as 18 days after insemination and has been developed to identify disease and measure methane emissions. The company has generated more than $2.8 million in revenue from its methane measurement offering, which provides a commercial base as it scales. Agscent is pursuing broader applications across livestock productivity, environmental monitoring and potential non-invasive human health diagnostics. The company is running large-scale validation programs in the U.S. with Dairy Farmers of America and Merck Animal Health as it expands its commercial footprint. Founder and CEO Dr Bronwyn Darlington leads the company’s efforts to combine AI, biological sensing and decades of research to commercialise the platform.

  • Baymatob

    Participated · Series A · May 2026

    Baymatob develops Oli, a wireless, wearable device that monitors maternal and fetal signals and aims to analyse up to fifteen pregnancy and birth conditions and complications. Targeted conditions include postpartum haemorrhage, fetal distress, stillbirth risk and labour progression. The company is conducting pivotal clinical trials across seven sites in Australia and the United States and is advancing regulatory submissions with the TGA and FDA. Baymatob plans to establish manufacturing operations and its headquarters in Australia. Financially, the company has raised $13 million in private capital plus more than $9.5 million in non-dilutive grants and completed a $6.5 million Series A3 in 2025.

  • Proseek Bio

    Participated · Seed · Mar 2026

    Proseek Bio is developing OC-Triage, a blood-based diagnostic intended to improve earlier and more precise clinical decision-making for suspected ovarian cancer. The company aims to reduce unnecessary or delayed surgeries and improve referral pathways by integrating deployable diagnostic platforms into real clinical workflows. Proseek is starting with ovarian cancer but plans to expand beyond that initial indication. The company has secured non-dilutive backing from CSIRO (ON Accelerate and Kick-Start), Advance Queensland, and the Brisbane Economic Development Agency Medtech Global Accelerator. Founders cited in the funding coverage include Michelle Hill, PhD, and Leo Bolero. Current financing includes an oversubscribed A$1.5M seed round to support clinical lab deployment and validation work.

  • Neighbourlytics

    Participated · Series A · Dec 2022

    Neighbourlytics is an urbantech analytics platform that combines digital data on social activity and behavior with advanced analytics and design expertise to generate actionable insights about neighborhoods and assets. The platform provides social and behavioral insights and benchmarking data used by more than 100 leading property developers across 12 countries. Neighbourlytics plans to use the new capital to hire across product development, sales, and marketing and to enhance automation and advanced analytics models, including deeper metrics that capture social sustainability. Co‑CEO Jessica Christiansen‑Frank described the raise as a launchpad for global expansion and recognition of the company’s maturation. The company was founded by Jessica Christiansen‑Franks and Lucinda Hartley and currently has 22 staff across Melbourne, Sydney, and Brisbane. To date the business has raised a total of $3.5 million.

  • handdii

    Participated · Seed · Jun 2021

    Handdii provides a proprietary digital repair-network solution that simplifies workflow between insurance companies and policyholders using a pre-qualified network of local contractors. The platform emphasizes cost and timeliness control, transparency in the repair process, and a convenient experience for insurers and customers. Handdii operates in the United States and Australia and partners with both top-tier and regional insurance companies. Its contractor network spans 38 states, enabling managed repair services at scale. The company aims to expand operations and service offerings through strategic partnerships and investments. The announced tie-up with Johns Lyng Group is positioned to accelerate growth and strengthen its managed repair capabilities. handdii is a San Francisco, CA–based provider of a claims management process platform that connects insurance companies and their customers directly to a pre-vetted network of local contractors. The platform structures data requests, standardizes workflows, improves transparency for policyholders, and transitions claims management to a cloud-native system of record. Co-founded by Kathryn Wood and Christie Downs, handdii focuses on streamlining the property claims experience and modernizing claim workflows. In June 2021 the company raised $3M in seed funding to support growth. The company plans to use the funds to bolster its team of software engineers, expand contractor networks in the United States and Australia, and invest in strategic integrations. A specifically mentioned integration is a Guidewire ClaimCenter Ready app to be made available in the Guidewire Marketplace.

Team