Venture capital fund · 2 deals
Every published round Root 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 |
|---|---|---|---|---|---|---|
| Nullify | Seed | 4 Aug 2026 | $17.8m | Participant | Startup Daily (5 Aug 2026), Startup Daily (6 Feb 2026) | |
| Nullify | Seed | 5 Apr 2024 | $5.2m | Lead | Early VC (5 Apr 2024), Early VC (18 Mar 2024), SmartCompany (15 Mar 2024), SmartCompany (11 Mar 2024) |
Companies Root 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 |
|---|---|---|---|---|
| Nullify | AI agents that autonomously find, validate and fix software vulnerabilities | 5 Apr 2024, Seed | 2 | 1 |
Fund closes reported for Root Ventures, as distinct from the investments it has made.
Companies Root Ventures has backed that another company then bought. An exit for the holding, not a deal Root Ventures did.
Stories naming Root Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian-founded AI vulnerability platform Nullify, now San Francisco-based, has closed a second seed round led by SYN Ventures with returning backer Black Nova; SYN's Glenn Chisholm joins its board.
Also Startup Daily
Fremantle Seaweed, Vanable, FLK it over, Bae Juice, Nullify, Recce Pharmaceuticals, Broad Radio, VaultEscrow, Esper, Anni, CSF Enterprises, and Jupiter Ionics secured funding through various rounds including crowdfunding, seed, and grants.
Also SmartCompany·SmartCompany
Newsletter highlights Australian startup funding including Jet Zero, Kismet, VaultEscrow, Jupiter Ionics, ChronoForge, FLK it over, Anni, and Bae Juice, alongside M&A activity.
Also Early VC
Roundup of seven Australian startups whose raises total $11.8 million, spanning cybersecurity, proptech, seaweed, drinks, antiques, campervan housing and outdoor advertising, plus a government grant to Fremantle Seaweed and the shutdown of Voly.
Also Startup Daily·Startup Daily·Early VC·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Early VC
Nullify has landed a $5.2m seed round for its AI-powered code vulnerability scanner, backed by Two Sigma and Root Ventures, with a Bugcrowd director also investing. The founders formerly taught cybersecurity at UNSW.
Also SmartCompany·Early VC·Early VC