Family office · 1 deal
Every published round the Rae family of Gull Oil 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 |
|---|---|---|---|---|---|---|
| Caruso | Seed | Nov 2023 | $3m | Participant | SmartCompany, Startup Daily (15 Apr 2026), Startup Daily (11 Dec 2024), Australian FinTech |
Companies the Rae family of Gull Oil has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Caruso | AI-based registry and fund administration platform | Nov 2023, Seed | 1 | 0 |
Fund closes reported for the Rae family of Gull Oil, as distinct from the investments it has made.
Companies the Rae family of Gull Oil has backed that another company then bought. An exit for the holding, not a deal the Rae family of Gull Oil did.
Stories naming the Rae family of Gull Oil. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Caruso, maker of fund administration software, has landed a $3.2 million strategic backing from private credit firm Balmain, having earlier raised $3 million from Icehouse Ventures and other backers.