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
Founder, Investible · angel in 1 deal
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 (23 May 2025), SmartCompany (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 | Cloud-based platform for managing action and adventure sports competitions, from registra… | 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.
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.