About AfterWork Ventures
AfterWork Ventures is a venture capital firm founded in 2018. It is primarily based out of Sydney, Australia. As of Jan 2026, AfterWork Ventures is an active investor, having invested in 53 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Australia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series C round of Lyka Overall, AfterWork Ventures portfolio has seen 4 acquisitions including key companies like Freetrade, Onfido and Offer Fit. A lot of funds co-invest with AfterWork Ventures, with names like Archangel sharing a substantial percentage of its portfolio. AfterWork Ventures has team of 35 people including 10 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Soonicorns
AfterWork Ventures' List of Top Investments
AfterWork Ventures has a portfolio of 53 companies. Their most notable investments are in OwnHome and klikit.Their portfolio spans across Australia, United States, New Zealand and 4 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 21 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by AfterWork Ventures:1. Freetrade
App-based stock market trading platform. It allows users to invest in shares, ETFs, SIPs, and investment trusts. It also offers investments in fractional shares and tax-efficient pension savings. Its application is available for Android and iOS platforms.
Key facts about Freetrade
- Founded Year: 2015
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $165M
- Employee Count: 246 as on Mar 31, 2026
- Investors: L Catterton, Left Lane and 79 Others
- Latest Funding Round: Series C, Jun 26, 2023, $*****
- Highlight: Acquired
2. Onfido
Provider of identity verification solutions, including document and biometric authentication. The company offers tools for workflow orchestration, data verification, and fraud detection. It facilitates secure customer onboarding and regulatory compliance through its suite of products. The company’s offerings support digital transformation for government and enterprise applications.
Key facts about Onfido
- Founded Year: 2012
- Location: London (United Kingdom)
- Annual Revenue: £97.2M as on Jan 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $242M
- Employee Count: 336 as on Mar 31, 2026
- Investors: SoftBank Group, Y Ventures and 102 Others
- Latest Funding Round: Grant (prize money), Aug 18, 2020, $*****
- Highlight: Acquired
3. Cover Genius
Provider of a software suite for the insurance industry. It offers products for insurance distribution and offers an insurance distribution platform for rental car companies, online car agencies, and OTAs to sell rental car insurance. It offers instant claims management and payments. It offers data analytics and a shake shield for parametric earthquake protection with automated payments to business customers. Its platform for insurance and warranties allows fintech, banks, issuers, neo banks, payments platforms, gateways, POS vendors, accounting and origination platforms, lenders of any stripe, merchants, auto dealers, and more to sell or embed personal and commercial insurance lines.
Key facts about Cover Genius
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $244M
- Employee Count: 558 as on Mar 31, 2026
- Investors: G Squared, Regal Funds Management and 12 Others
- Latest Funding Round: Series E, May 15, 2024, $*****
- Highlight: Editors' Pick
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4. Lyka
Key facts about Lyka
- Founded Year: 2018
- Location: Alexandria (Australia)
- Stage: Series C
- Total Funding till date: $109M
- Employee Count: 267 as on Feb 28, 2026
- Investors: StepStone Group, AfterWork Ventures and 9 Others
- Latest Funding Round: Series C, Jan 2026, $*****
5. Offer Fit
Provider of AI decisioning platform for personalized customer lifecycle marketing. The platform enables marketers to make individualized decisions that optimize business metrics. It facilitates experimentation to determine optimal actions for each customer. The platform personalizes channel, product, offer, creative, timing, and frequency.
Key facts about Offer Fit
- Founded Year: 2020
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $39M
- Employee Count: 11 as on Dec 31, 2021
- Investors: Harmony Partners, Harmony Venture Partners and 12 Others
- Latest Funding Round: Series B, Nov 14, 2023, $*****
- Highlight: Acquired
AfterWork Ventures' Year-on-Year Investment Trends
AfterWork Ventures has invested in 53 companies over the last 7 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 1 investment, while as of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in OneMRI and most recent follow-on round was in Lyka.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 1 | 0 | 1 |
2024 | 4 | 1 | 5 |
2023 | 5 | 1 | 6 |
2022 | 5 | 2 | 7 |
2021 | 6 | 0 | 6 |
2020 | 1 | 0 | 1 |
2019 | 3 | 0 | 3 |
AfterWork Ventures' Investments by Stage
AfterWork Ventures has made 23 investments in Seed stage with an average round size of $1.8M and 2 investments in Series A stage with an average round size of $3.22M.Stage of entry | No. of Investments |
|---|---|
Seed | 23 |
Series A | 2 |
Note: We have considered here, only first round of investments
AfterWork Ventures' Investments by Sector
AfterWork Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Sustainability Tech and Business Services. Notably, it has invested in 43 Tech companies, 32 Enterprise (B2B) companies, 28 Software companies and at least 18 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
Consumer | 5 |
FinTech | 4 |
Sustainability Tech | 3 |
Business Services | 2 |
Others | 28 |
Note: We have considered here, only first round of investments
AfterWork Ventures' Investments by Geography
AfterWork Ventures has made most investments in Australia (13), followed by United States where it has made 5 investments.Country | No. of Investments |
|---|---|
Australia | 13 |
United States | 5 |
United Kingdom | 2 |
Canada | 1 |
France | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
AfterWork Ventures' recent investments
AfterWork Ventures has made 1 investments in 2026 so far - Lyka.Here are the most recent investments by AfterWork Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 2026 | Australia | Series C | 3098 | [+5] | |
Aug 18, 2025 | Australia | Seed | 3145 | [+8] | |
Sep 24, 2024 | - | Seed | 4839 | ||
Sep 18, 2024 | Australia | Seed | 7068 | [+4] | |
Jun 12, 2024 | Australia | Seed | 7481 | [+4] |
Acquired companies in AfterWork Ventures' Portfolio
4 companies from AfterWork Ventures' portfolio have been acquired. The most recent acquisition was Thriday in Dec 2025 by Tyro for $*****.Here are AfterWork Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 14, 2025 | - | - | 6842 | |
Mar 28, 2025 | - | - | 7024 | |
Jan 16, 2025 | - | - | 2755 | |
Feb 06, 2024 | - | - | 3063 |
Team profile of AfterWork Ventures
AfterWork Ventures has a team of 35 members including 10 Partners, 1 Venture Partner and 7 Principals located in Australia and United Kingdom. AfterWork Ventures' team sits on the board of 4 companies.Here is a list of top team members in AfterWork Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Sydney | - | ||
Partner | Sydney | - | ||
Partner | - | - | - | |
Partner | Sydney | - | - | |
Partner | - | - | - | |
Partner | Sydney | - | - | |
Partner | - | - | - | |
Partner | Sydney | - | - | |
Partner | - | - | - | |
Partner | Sydney | - | - | |
Venture Partner | London |
Co-investors of AfterWork Ventures
Over the past 7 years, 107 investors have co-invested in AfterWork Ventures's portfolio companies. This includes funds and angels.
- Invested before AfterWork Ventures: Luke Anear, Sebastian Watkins and 10 others have invested in rounds before AfterWork Ventures. There is 1 company where Luke Anear has invested before AfterWork Ventures and 1 company where Sebastian Watkins has invested before AfterWork Ventures.
- Top Co-investors of AfterWork Ventures: 66 investors entered a company along with AfterWork Ventures. These include investors like Archangel (5 companies).
- Invested after AfterWork Ventures: A total of 29 investors have invested in AfterWork Ventures's portfolio after their investments. Top Investors include Point King Capital (1 company), Itai Tsiddon (1 company) and StepStone Group (1 company).
Recent News related to AfterWork Ventures
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Prophero Closes a Series A Round of €16 Million Led by the Australian Fund BailadorBrainsre•Feb 19, 2025•PropHero, Bailador, Fifth Wall, Samaipata and 3 others
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The Prophero Real Estate Investment Platform closes a 16 million roundcronicadecantabria.com•Feb 19, 2025•PropHero, Bailador, Fifth Wall, Opera Tech Ventures and 5 others
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Visa application platform Matilda Migration moves in on $1 million pre-Seed roundStartup Daily•Sep 24, 2024•Matilda Cloud, AfterWork Ventures, Wollemi, Everywhere and 1 other
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Fintech Primary banks $3.5 million Seed round to give SMEs better bankingStartup Daily•Sep 18, 2024•Primary, Carthona Capital, Macdoch Ventures, AfterWork Ventures
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Supply chain integration startup Switchboard delivers $1.5 million raiseStartup Daily•Jun 12, 2024•Switchboard, The Fund, Archangel, AfterWork Ventures and 5 others
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Samphire Neuroscience Raises $2.3M in Pre-seed Funding for Novel Neurotechnology Wearable Targeting PMS & Menstrual PainFemtech Insider•Feb 21, 2024•Samphire Neuroscience, CVX Ventures, SOSV, FIRSTPICK and 4 others
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AI-Driven Insurance Platform Indemn Raises $1.9 MillionInsurance Journal•Feb 01, 2024•Indemn AI, Markd, AfterWork Ventures, Everywhere
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Jessy Wu, the first hire at VC AfterWork Ventures, appointed partnerStartup Daily•Dec 05, 2023•AfterWork Ventures
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Main Sequence once again backs carbon management startup’s $2.5 million raiseStartup Daily•Nov 21, 2023•Main Sequence, Avarni, Sprint Ventures, AfterWork Ventures
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Fintech tikpay pockets $1.6 million pre-Seed round to transform transport ticketingStartup Daily•Sep 19, 2023•tikpay, AfterWork Ventures, Black Nova, Investible and 3 others
