Venture capital fund · 12 deals
Every published round Saniel 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.
Companies Saniel 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 |
|---|---|---|---|---|
| Adatree | 28 Sep 2022, Series A | 1 | 0 | |
| BuildPass | 2024, Seed | 1 | 0 | |
| Heidi Health | 25 Oct 2023, Series A | 1 | 0 | |
| Josef | 29 Nov 2022 | 1 | 0 | |
| Nexl | Mar 2023 | 1 | 0 | |
| ProcurePro | 2024, Series A | 1 | 0 | |
| Propeller | 18 Apr 2023 | 1 | 0 | |
| Sonder | Jan 2024, Series B | 1 | 0 | |
| Teacher's Buddy | 18 Nov 2025, Seed | 1 | 0 | |
| The Mintable | 8 Jun 2022, Seed | 1 | 0 | |
| Veridooh | 6 Jun 2022, Series A | 1 | 0 | |
| Veyor | 23 Apr 2024, Seed | 1 | 0 |
Fund closes reported for Saniel Ventures, as distinct from the investments it has made.
Companies Saniel Ventures has backed that another company then bought. An exit for the holding, not a deal Saniel Ventures did.
Stories naming Saniel Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Brisbane procurement software startup ProcurePro closes a US$11 million round led by QIC Ventures, with customer Bouygues joining as an investor via ISAI vehicle.
Brisbane construction procurement software maker ProcurePro has raised a round led by QIC Ventures with Bouygues aboard, valuing it above $110 million, to fund AI development, hiring and a planned US office.
BuildPass, a Melbourne construction software maker, says its American business now exceeds a fifth of revenue half a year after opening in Austin, with growth credit from Mighty Partners funding the expansion.
Leigh Jasper keynotes SmartCompany's February 2026 startup event in Melbourne; the profile recalls his Aconex journey to an Oracle sale, Firmable's seed raise and his venture fund roles.
A weekly roundup of funding deals by Australian and New Zealand startups, spanning baked goods, retail, health AI, beverages, edtech, solar, legal tech, and Western Australian medical research grants.
Also Startup Daily
Melbourne education AI startup Teacher's Buddy has secured seed backing, with Giant Leap leading, to grow its teacher productivity platform across Australia, New Zealand and the UK.
Also Startup Daily
Propeller Aero's chief executive Rory San Miguel has won the Pearcey Foundation's 2025 NSW entrepreneur award; the profile traces his path from UNSW clubs and Flirtey to the drone surveying company.
Roundup of six Australian and New Zealand funding rounds, headlined by Heidi Health and Octopus Deploy, also covering Nexl, OpenSolar, Lucent and PAM, with past acquisitions of Stella AI, MagicBrief and Codefresh noted.
Glitch Capital, a new $50m vehicle led by Leigh Jasper and backed by exited unicorn founders, has completed its first deal, backing Melbourne edtech firm Cadmus.
Weekly roundup of four ANZ raises: Conflux Technology's $11 million Series B, BuildPass's $7.5 million seed, Projectworks's US$5 million Series A alongside a CEO change, and DNAiTECH's NZ$1 million round.
Also Startup Daily
Roundup of five Australian startups that secured new capital this week: Amber Electric's $29m Series C, ProcurePro's $6.15m, Yume's $2m seed, Alt.Leather's $1.1m seed, plus an undisclosed Tenacious Ventures investment in Nbryo.
Brisbane construction procurement software maker ProcurePro has secured $6.15 million in a Series A backed by AirTree and Leigh Jasper's Saniel Ventures, funding its push into the UK.
Roundup of January raises: Sonder took $16 million in a Series B extension, Ultra Violette landed $15 million from Aria Growth Partners, VAPAR added $5 million; Sonder also named a new chairman.
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Heidi Health, whose AI tool trims paperwork for family doctors, has banked a $10 million Series A round led by returning backer Blackbird, with co-investors including Hostplus and Hesta.
Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia
A weekly roundup reporting six Australian startups that raised a combined $19 million, including Quasar, Nexl, MoreGoodDays, DAS and Our Cow, plus Our Cow's earlier acquisition of delivery startup Voly.
Also Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Forbes Australia
Weekly roundup reporting nine Australian startups that together secured roughly $104 million across sports tech, semiconductors, regtech, legal automation, SaaS, edtech, agtech and biotech, with Vald's $36 million the largest.
Also Techboard
Legal automation firm Josef banks $5.2 million in a round OIF Ventures led, with Carthona, Flying Fox, Jelix and Saniel participating, adding US and UK law firms as clients.
Also SmartCompany
Australian Consumer Data Right platform Adatree closed an oversubscribed second funding round, drawing re-investment from existing backers and new investors including Aconex's co-founders' family offices and MoneyPlace's founder.
Also Techboard
Manager-training platform The Mintable, founded by Lauren Humphrey and Melissa Miller, has raised a $6.8 million seed round led by Blackbird, after previously securing $1.3 million in pre-seed backing.
Also Startup Daily
Out-of-home ad verification firm Veridooh has secured a $5 million Series A led by EVP, with Jelix Ventures, Saniel and Gravel Road participating, its first outside capital, to fund international growth from its Sydney base.
Also Startup Daily·Mumbrella