A New Model in Venture Capital
Investible explains its venture model and reports drawing $50m last year for its third early-stage fund and Club vehicle, with LumonusAI and Outlier Space in the portfolio.
Also Startup Daily
Investible Co-founder, Investible · angel in 1 deal
| Role | Organisation | Sources |
|---|---|---|
| Chair | Car Next Door | Startup Daily |
| Investible Co-founder | Investible | Startup Daily, Investible team page |
| Founder | Investible | Investible, SmartCompany (Fri 23 May 2025), SmartCompany (Wed 21 May 2025), Startup Daily (Mon 27 Feb 2023), Startup Daily (Thu 2 Feb 2023), Startup Daily (Thu 27 Aug 2020), SmartCompany (Fri 22 Mar 2019), Business News Australia |
| NED | Kip McGrath Education Centres | Startup Daily |
| Entrepreneur in Residence | UNSW Founders | Startup Daily |
Every published round Trevor Folsom 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 |
|---|---|---|---|---|---|---|
| Liveheats | Seed | Mar 2025 | $1.3m | Participant | Startup Daily, SmartCompany (Fri 23 May 2025), SmartCompany (Wed 21 May 2025) |
Companies Trevor Folsom has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Liveheats | Mar 2025, Seed | 1 | 0 |
Fund closes reported for Trevor Folsom, as distinct from the investments it has made.
Companies Trevor Folsom has backed that another company then bought. An exit for the holding, not a deal Trevor Folsom did.
Stories naming Trevor Folsom. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Investible explains its venture model and reports drawing $50m last year for its third early-stage fund and Club vehicle, with LumonusAI and Outlier Space in the portfolio.
Also Startup Daily
Weekly roundup of seven Australian startup raises, led by Airwallex's Series F, plus EatClub, Kite Magnetics, Termina, Preve, Foremind and Liveheats.
Also Startup Daily
Sports scoring software maker Liveheats has secured $1.3 million in seed backing from five individual backers to grow its product and sales teams and expand into the US and Europe.
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
Sydney VC Investible appoints Charlie Ill as its inaugural investment chief and promotes two staff while pursuing global expansion; its climate fund nears target and notches a first exit via MyRobin's sale.
Fingerprint for Success, an AI coaching platform, has closed a $6.5 million second seed round led by Investible, with Canva's founders investing again; its lifetime funding now totals $9.2 million.
Angel investor and Investible co-founder Trevor Folsom has joined UNSW Founders as Entrepreneur in Residence, mentoring early-stage founders and advising on validation, scaling and capital raising.
VR property startup Inspace XR raised $750,000 led by Investible, with Artesian, Taronga Group and Sydney Angels participating; founders Justin Liang and Eric Fear credit Liang's venture capital background.
Car Next Door closed a $5 million Series B led by Caltex and Investible, with Steve Baxter, Roger Allen, Macquarie Group, Hollard and Larix VC also backing, plus a crowdfunding tranche via Equitise.