Venture capital fund · 5 deals
Early-stage investment for fast-growing Australian businesses
Melbourne, VIC
Every published round Commonsense Ventures took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Loopit | Seed | 21 Jun 2024 | $4m | Participant | SmartCompany, Australian FinTech | |
| Sherlok | Unnamed stage | 2 Jul 2023 | $3.4m | Participant | SmartCompany (Wed 5 Jul 2023), Startup Daily, SmartCompany (Fri 30 Jun 2023), SmartCompany (Thu 29 Jun 2023), Rampersand portfolio | |
| Tutero | Seed | 21 Feb 2023 | - | Participant | Aura Group portfolio, Aura Ventures | |
| Avarni | Unnamed stage | Nov 2022 | $3m | Participant | Australian FinTech (Tue 21 Nov 2023), avarni.co, TechCrunch Australia (Mon 20 Nov 2023), SmartCompany, insidesmallbusiness.com.au, Australian FinTech (Tue 13 Dec 2022), Startup Daily, TechCrunch Australia (Sun 11 Dec 2022) | |
| Gathered Here | Unnamed stage | 7 Feb 2022 | $1m | Lead | Startup Daily, SmartCompany |
Companies Commonsense Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Loopit | 21 Jun 2024, Seed | 1 | 0 | |
| Sherlok | 2 Jul 2023 | 1 | 0 | |
| Tutero | 21 Feb 2023, Seed | 1 | 0 | |
| Avarni | Nov 2022 | 1 | 0 | |
| Gathered Here | End-of-life services for wills, funerals and probate | 7 Feb 2022 | 1 | 1 |
Fund closes reported for Commonsense Ventures, as distinct from the investments it has made.
Companies Commonsense Ventures has backed that another company then bought. An exit for the holding, not a deal Commonsense Ventures did.
Stories naming Commonsense Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
1Breadcrumb has acquired Canberra rival SignOnSite and raised a $4.5 million SAFE note from Five V Capital, Tribe Global Ventures and a US family office, creating a merged construction-safety technology provider.
Also SmartCompany
Roundup of nine local startups that together banked a combined $38m-plus this week, spanning precision instruments, proptech, adtech, robotics, food, energy storage and AI, with several earlier raises recalled.
Also Australian FinTech·Startup Daily·SmartCompany·AgFunderNews
Weekly roundup of five Australian startups announcing raises: Stacked Farm, Sherlok, Readiitel's Readii, Nullify and Baresop, together bringing in $46.9 million from local investors.
Also SmartCompany
Adelaide fintech Sherlok has raised $3.4 million led by Rampersand to expand its AI platform that helps brokers refinance clients' mortgages in one click using open banking data.
Aura Ventures explains its seed investment in Tutero, an online tutoring startup, joined by Jagen and Commonsense Ventures, pointing to personalised mastery learning and early traction since the platform's December 2021 launch.
Also Aura Group portfolio
Weekly roundup covering 14 startup raises totalling over $260 million, headlined by Synchron's $110 million round, plus Roller's shareholder liquidity payout, Partly's record New Zealand Series A, and several government grants.
Also GrainCorp Ventures·SmartCompany·Startup Daily·SmartCompany·@AuManufacturing·SmartCompany·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Startup News (WA)·Startup News (WA)
Sydney carbon accounting startup Avarni raised $3 million led by Main Sequence, with returning backers Vulpes Ventures and Common Sense Ventures, to grow its supply chain emissions platform and expand into the US.
Also Australian FinTech·insidesmallbusiness.com.au·Startup Daily·SmartCompany·avarni.co·Australian FinTech·TechCrunch Venture
Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.
Death-tech startup Gathered Here raised $1 million led by Common Sense Ventures, with BetterLabs and Murray Bleach participating, doubling its valuation seven months after a $1.1 million seed round.
Also Startup Daily