Factor House: Ledger

Investor	Rounds	Invested
Alice Anderson Fund	Seed · undisclosed	-
Blackbird Ventures	Seed · undisclosed	-
Flying Fox Ventures	Seed · undisclosed	-
LaunchVic	undisclosed	-
Michelle Holmes	undisclosed	-
OIF Ventures	Seed · undisclosed	-
Steve Holmes	undisclosed	-

Company	Kind	Announced	Price	Sources
Factor House is not recorded as having acquired anything.

Name	Role	Sources
Tom Crowley	Founding Engineer	LaunchVic, Our Innovation Fund
Kylie Troy-West	COO · Founder	LaunchVic, Blackbird Ventures, Startup Daily, Our Innovation Fund
Eleanor Toulmin	Chief of Staff	LaunchVic, Blackbird Ventures
Derek Troy-West	CEO (former) · Founder	LaunchVic, Blackbird Ventures, Startup Daily, Our Innovation Fund
Nick Crocker		Our Innovation Fund

Coverage

Stories naming Factor House. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

17 deals

2025 state of raising: $1.8 billion in – as late-stage deals boom

Tracxn figures show Australian tech funding reached $1.8 billion by mid-2025, powered by large late-stage rounds at Protecht, Airwallex, Harrison AI and Advancell, while seed and early-stage raising fell away sharply.

Seed $5m

Investment Notes: Factor House

Blackbird partners explain why the firm's 2022 fund led Factor House's $5 million seed round, profiling the Melbourne developer-tools startup, its Kafka and Flink management products, revenue growth and customers.

Blackbird Ventures portfolio Thu 20 Feb 2025 Factor House Airwallex Binance Block BuildKite Hewlett Packard Blackbird Ventures Derek Troy-West Eleanor Toulmin Kylie Troy-West Nick Crocker Silk Kadala

Also Startup Daily·LaunchVic

undisclosed $5m

Couple's start-up clinches $25m valuation with Blackbird backing

Melbourne developer-tools startup Factor House closed its first external round — $5 million, led by Blackbird, valuing it at $25 million — with OIF Ventures, Flying Fox Ventures, the Alice Anderson Fund and two angels joining.

Factor House

Funding history

Investors

What Factor House bought

People

Coverage

2025 state of raising: $1.8 billion in – as late-stage deals boom

Investment Notes: Factor House

Couple's start-up clinches $25m valuation with Blackbird backing