About Larsen Ventures
Larsen Ventures is a venture capital firm founded in 2012. It is primarily based out of Claremont, Australia. As of Aug 2025, Larsen Ventures has invested in 33 companies. It primarily invests in Seed round in Australia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and EdTech. Most recently it participated in the $***** Seed round of OneMRI Overall, Larsen Ventures portfolio has seen 1 unicorn, 1 IPO and 4 acquisitions including key companies like Go1, Vend and Ansarada. A lot of funds co-invest with Larsen Ventures, with names like TEN13 sharing a substantial percentage of its portfolio. Larsen Ventures has team of 2 people.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Larsen Ventures' List of Top Investments
Larsen Ventures has a portfolio of 33 companies, one of which is a Unicorn. Their most notable investments are in Vitruvian and Vitruvian.Their portfolio spans across Australia, United States, New Zealand and 1 more locations. They have invested in Enterprise Applications, Consumer, EdTech and 18 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Larsen Ventures:1. Go1
Cloud-based LMS platform for multi-industry. The product allows employers to manage the training portal and works on an aggregation model that enables users to add courses from the marketplace, create a new course with the company materials, or upload existing content. The platform provides solutions for government, enterprises, and content creators.
Key facts about Go1
- Founded Year: 1998
- Location: Brisbane (Australia)
- Annual Revenue: $10M - $50M as on Jun 30, 2021
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $430M
- Employee Count: 600 as on Jul 31, 2026
- Investors: Salesforce Ventures, Blue Cloud Ventures and 33 Others
- Latest Funding Round: Series D, May 09, 2023, $*****
- Highlight: Editors' Pick
2. Happy
Provider of centralized maintenance, asset, and property management software solutions. The platform offers tools for service requests, unit turnover, preventative maintenance, and scheduling. It facilitates capital project oversight, fixed asset tracking, and property budgeting. The software also supports property inspections, resident satisfaction initiatives, and reporting.
Key facts about Happy
- Founded Year: 2011
- Location: Carlsbad (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $77.9M
- Employee Count: 244 as on Jul 31, 2026
- Investors: Supercharge Capital, Sandalphon Capital and 32 Others
- Latest Funding Round: Series B, Jan 18, 2022, $*****
- Highlight: Editors' Pick
3. Springboard
Online courses and online workshops along with one-on-one mentorship from industry experts. It curates curriculum for students and also provides a direct video call facility with assigned mentors. Also provides a listing platform along with reviews for all the online courses. At the end of each course, each student gets a certificate of completion signed by the mentor.
Key facts about Springboard
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $69.3M
- Employee Count: 26 as on May 31, 2025
- Investors: Rocketship, Pearson and 29 Others
- Latest Funding Round: Series B, Jun 30, 2023, $*****
- Highlight: Editors' Pick
4. Auror
Software for law enforcement agencies to prevent crime. Works with police and retailers to prevent thefts and other organized retail crimes and enable crime reporting. The platform aggregates all the crime data and provides intelligence to police to prevent further crimes. The tool has the capability to connect, people, vehicles, and other information which could be used by police to prevent organized shoplifting.
Key facts about Auror
- Founded Year: 2012
- Location: Auckland (New Zealand)
- Stage: Series C
- Total Funding till date: $67.9M
- Employee Count: 301 as on Jul 31, 2026
- Investors: Shasta Ventures, Reinventure Group and 29 Others
- Latest Funding Round: Series C, Nov 13, 2024, $*****
- Highlight: Editors' Pick
5. Vitruvian
Provider of resistance training smart fitness equipment and app. It offers training equipment built with algorithms that provide weight lifting weight stacks that automatically adjust the weight according to the ideal range that can be pulled. The weight increases and decreases at a precise moment. The AI algorithm syncs with the app to record the data and tracks the weights. The app provides the progress made along with the workout videos for training at home. It delivers adaptive resistance training with real-time feedback.
Key facts about Vitruvian
- Founded Year: 2018
- Location: Perth (Australia)
- Stage: Series A
- Total Funding till date: $51.4M
- Employee Count: 22 as on Jul 31, 2026
- Investors: Larsen Ventures, Flying Fox Ventures and 3 Others
- Latest Funding Round: Series A, Dec 12, 2023, $*****
- Highlight: Editors' Pick
Larsen Ventures' Year-on-Year Investment Trends
Larsen Ventures has invested in 33 companies over the last 14 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in OneMRI and most recent follow-on round was in Vitruvian.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 1 | 1 |
2022 | 1 | 1 | 2 |
2021 | 1 | 1 | 2 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 2 | 0 | 2 |
Larsen Ventures' Investments by Stage
Larsen Ventures has made 5 investments in Seed stage with an average round size of $993K, 3 investments in Series A stage with an average round size of $12.9M and 2 investments in Series B stage with an average round size of $15.6M.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Series A | 3 |
Series B | 2 |
Note: We have considered here, only first round of investments
Larsen Ventures' Investments by Sector
Larsen Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Vertical SaaS, EdTech and Consumer. Notably, it has invested in 31 Tech companies, 23 Enterprise (B2B) companies, 21 Software companies and at least 15 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
FinTech | 3 |
Vertical SaaS | 3 |
EdTech | 2 |
Consumer | 1 |
Others | 9 |
Note: We have considered here, only first round of investments
Larsen Ventures' Investments by Geography
Larsen Ventures has made most investments in Australia (8), followed by New Zealand where it has made 1 investment.Country | No. of Investments |
|---|---|
Australia | 8 |
New Zealand | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Larsen Ventures' recent investments
Larsen Ventures has not made any investment in 2026 so far.Here are the most recent investments by Larsen Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 18, 2025 | Australia | Seed | 9993 | [+8] | |
Dec 12, 2023 | Australia | Series A | 3195 | ||
Jun 06, 2022 | Australia | Series D | 8163 | [+12] | |
Apr 20, 2022 | Australia | Series A | 9416 | ||
Nov 08, 2021 | Australia | Series B | 2459 | [+1] |
Unicorns in Larsen Ventures' Portfolio
Larsen Ventures has 1 unicorn in its portfolio - Go1. The most recent unicorn in their portfolio is Go1 which became a unicorn in 2021, 2 years after Larsen Ventures first invested in it.Here is a list of unicorns in Larsen Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
80 | Cloud-based LMS platform for multi-industry | 1998 | Brisbane | Series D | gzhjnyd |
IPOs and Publicly Listed companies in Larsen Ventures' Portfolio
1 of Larsen Ventures' portfolio company became public - Rewardle. It got listed on the Australian Securities Exchange (ASX), in Oct 2014 at marketcap of undefinedHere are Larsen Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 07, 2014 | - | - | 2656 |
Acquired companies in Larsen Ventures' Portfolio
4 companies from Larsen Ventures' portfolio have been acquired. The most recent acquisition was Ansarada in Feb 2024 by Datasite for $*****.Here are Larsen Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 13, 2024 | 2012 | Series A | 7374 | |
Mar 11, 2021 | - | - | 8418 | |
Jun 01, 2019 | - | - | 6216 | |
Mar 21, 2019 | - | - | 6753 |
Team profile of Larsen Ventures
Larsen Ventures has a team of 2 members located in Australia. Larsen Ventures' team does not sit on the board of any company as of now.Co-investors of Larsen Ventures
Over the past 14 years, 87 investors have co-invested in Larsen Ventures's portfolio companies. This includes funds and angels.
- Invested before Larsen Ventures: Saïd Business School, Tank Stream Ventures and 17 others have invested in rounds before Larsen Ventures. There is 1 company where Saïd Business School has invested before Larsen Ventures and 1 company where Tank Stream Ventures has invested before Larsen Ventures.
- Top Co-investors of Larsen Ventures: 20 investors entered a company along with Larsen Ventures. These include investors like TEN13 (2 companies).
- Invested after Larsen Ventures: A total of 48 investors have invested in Larsen Ventures's portfolio after their investments. Top Investors include Folklore Ventures (2 companies), Insight Partners (1 company) and Madrona (1 company).
Recent News related to Larsen Ventures
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Home gym startup Vitruvian raises $21.8 million Series A extensionSmartCompany•Dec 12, 2023•Vitruvian, Larsen Ventures, TEN13
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GO1 doubles its valuation to $2.8 million after $100 million raiseStartup Daily•Jun 07, 2022•Go1, AirTree, Blue Cloud Ventures, Madrona and 7 others
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Australian fitness tech startup Vitruvian raises US$15 million as it eyes US expansionSmartCompany•May 04, 2022•Vitruvian, Larsen Ventures, TEN13
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Connected strength-training startup Vitruvian eyes US with $15M raiseTechCrunch+•Apr 20, 2022•Vitruvian, Larsen Ventures, TEN13, Moonfare and 2 others
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Human Interest identifies $200m series DGlobal Corporate Venturing•Aug 05, 2021•Human Interest, SoftBank Vision Fund, TPG, Go1 and 22 others
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Australian training platform GO1 raises $30m Series B led by Microsoft venture arm M12Deal Street Asia•Mar 18, 2019•Go1, M12, Larsen Ventures, Seek and 3 others
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Tutoring startup Vygo raises $500,000 in seed funding for its app bringing the sharing economy to educationSmartCompany•Sep 04, 2018•Vygo, Larsen Ventures, River City Labs, muru-D and 2 others
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HappyCo Completes Series A Funding RoundBusiness Wire•Mar 26, 2018•Happy, Alium Capital, PieLAB, Larsen Ventures and 4 others
