About Perle Ventures
Perle Ventures is a venture capital firm founded in 2013. It is primarily based out of Sydney, Australia. As of Aug 2018, Perle Ventures has invested in 26 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 FinTech and High Tech. Most recently it participated in the $***** Series B round of Simple Overall, Perle Ventures portfolio has seen 1 unicorn, 7 IPOs and 3 acquisitions including key companies like Coinbase, Dapper Labs and FiscalNote. A lot of funds co-invest with Perle Ventures, with names like Alium Capital sharing a substantial percentage of its portfolio. Perle Ventures has team of 3 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Perle Ventures' List of Top Investments
Perle Ventures has a portfolio of 26 companies, one of which is a Unicorn. Their most notable investments are in Academy Xi and Simple.Their portfolio spans across Australia, United States, Canada and 4 more locations. They have invested in Enterprise Applications, FinTech, High Tech and 12 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by Perle Ventures:
1. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,025 as on Sep 30, 2026
- Investors: Intel, 2020 Ventures and 149 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
2. Dapper Labs
Blockchain-based games developer for PC and console. It has built Cryptokitties, a blockchain-based game that allows users to collect and breed digital cats. It has also developed KittyVerse, which allows users to build and play third-party games.
Key facts about Dapper Labs
- Founded Year: 2018
- Location: Vancouver (Canada)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $666M
- Employee Count: 151 as on Sep 30, 2026
- Investors: Rising Tide Fund, Graph Ventures and 128 Others
- Latest Funding Round: Series D, May 23, 2022, $*****
- Highlight: Editors' Pick

3. Encompass
Provider of automated software for corporate identity and compliance verification. This platform aggregates public and private data to generate digital risk profiles for business entities. It automates the collection and processing of information required for regulatory due diligence, beneficial ownership checks, and sanctions screening. The software integrates with existing banking systems to facilitate identity validation and document management. By structuring data from various sources, the system supports the maintenance of client records and assists in meeting regulatory requirements for financial crime prevention.
Key facts about Encompass
- Founded Year: 2011
- Location: Sydney (Australia)
- Annual Revenue: £10M - £50M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $203M
- Employee Count: 148 as on Sep 30, 2026
- Investors: BNP Paribas, Perennial and 27 Others
- Latest Funding Round: Conventional Debt, Oct 02, 2025, $*****
- Highlight: Editors' Pick
Simply Wall St presents stock data in a visual format, one that can be easily appreciated by the new investor and veterans alike. The final product is called a snowflake which is a graphical interpretation of live stock data, which with once glance provides insight into the relevant aspects of the investment. Also provides an API which allows 3rd party sites to display the ‘Snowflake’ for any company in the database, or display a random company fitting a specific criteria.
Key facts about Simply Wall St
- Founded Year: 2014
- Location: Sydney (Australia)
- Stage: Seed
- Total Funding till date: $2.5M
- Employee Count: 49 as on Jun 30, 2026
- Investors: Perle Ventures, Sydney Angels and 4 Others
- Latest Funding Round: Seed, Jun 20, 2017, $*****
- Highlight: Editors' Pick

5. FiscalNote
Provider of policy tracking, digital advocacy, and government relations software. The company offers tools for monitoring policy, analyzing news, and managing stakeholders. It also provides services such as social listening and transcript analysis. The software helps professionals stay informed about policy developments and influence decision-making.
Key facts about FiscalNote
- Founded Year: 2013
- Location: Washington, DC (United States)
- Annual Revenue: $50M - $100M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $188M
- Employee Count: 338 as on Sep 30, 2026
- Investors: InvestX, AME Cloud Ventures and 65 Others
- Latest Funding Round: Post IPO, Aug 05, 2025, $*****
- Highlight: Public
Perle Ventures' Year-on-Year Investment Trends
Perle Ventures has invested in 26 companies over the last 11 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in TradeGecko and most recent follow-on round was in Simple.Perle Ventures' Investments by Stage
Perle Ventures has made 3 investments in Series A stage with an average round size of $5.27M, 2 investments in Seed stage with an average round size of $1.61M, 1 investment in Post IPO stage with an average round size of $3.5M, 1 investment in Series B stage with an average round size of $10M and 1 investment in Series C stage with an average round size of $10M.Stage of entry | No. of Investments |
|---|---|
Series A | 3 |
Seed | 2 |
Post IPO | 1 |
Series B | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Perle Ventures' Investments by Sector
Perle Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Retail, Vertical SaaS and Education. Notably, it has invested in 20 Enterprise (B2B) companies, 20 Tech companies, 13 Software companies and at least 9 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
FinTech | 3 |
Retail | 2 |
Vertical SaaS | 2 |
Education | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
Perle Ventures' Investments by Geography
Perle Ventures has made most investments in Australia (4), followed by Singapore where it has made 2 investments.Country | No. of Investments |
|---|---|
Australia | 4 |
Singapore | 2 |
United States | 2 |
Indonesia | 1 |
Note: We have considered here, only first round of investments
Perle Ventures' recent investments
Perle Ventures has not made any investment in 2026 so far.Here are the most recent investments by Perle Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 29, 2018 | Australia | Series B | 2933 | ||
Jul 23, 2018 | Singapore | Series B | 4361 | [+2] | |
Aug 15, 2017 | Australia | Seed | 7481 | [+1] | |
Nov 11, 2016 | Indonesia | Series A | 4039 | [+1] | |
Nov 11, 2016 | Singapore | Post IPO | 7958 | [+2] |
Unicorns in Perle Ventures' Portfolio
Perle Ventures has 1 unicorn in its portfolio - Dapper Labs. The most recent unicorn in their portfolio is Dapper Labs which became a unicorn in 2021, 5 years before Perle Ventures first invested in it.Here is a list of unicorns in Perle Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Blockchain-based games developer for PC and console | 2018 | Vancouver | Series D | rkdinto |
IPOs and Publicly Listed companies in Perle Ventures' Portfolio
7 of Perle Ventures' portfolio companies have become public. FiscalNote got listed on the OTC Markets (OTCMKTS), in Apr 2026 and X2M Connect got listed on the Australian Securities Exchange (ASX) at marketcap of $25.3M.Here are Perle Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 06, 2026 | Feb 01, 2016 | Series C | 4576 | |
Sep 22, 2021 | - | - | 3150 | |
Apr 14, 2021 | - | - | 1863 | |
Aug 15, 2018 | - | - | 5894 | |
Dec 11, 2015 | - | - | 1949 |
Acquired companies in Perle Ventures' Portfolio
3 companies from Perle Ventures' portfolio have been acquired. The most recent acquisition was Author-it Software in Oct 2023 by Bertelsmann Investments for $*****.Here are Perle Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 10, 2023 | - | - | 7529 | |
Aug 04, 2020 | Jul 23, 2018 | Series B | 7723 | |
- | - | - | 7756 |
Team profile of Perle Ventures
Perle Ventures has a team of 3 members located in Australia. Perle Ventures' team does not sit on the board of any company as of now.Co-investors of Perle Ventures
Over the past 11 years, 65 investors have co-invested in Perle Ventures's portfolio companies. This includes funds and angels.
- Invested before Perle Ventures: Green Visor Capital, New Enterprise Associates and 18 others have invested in rounds before Perle Ventures. There is 1 company where Green Visor Capital has invested before Perle Ventures and 1 company where New Enterprise Associates has invested before Perle Ventures.
- Top Co-investors of Perle Ventures: 14 investors entered a company along with Perle Ventures. These include investors like Alium Capital (2 companies).
- Invested after Perle Ventures: A total of 31 investors have invested in Perle Ventures's portfolio after their investments. Top Investors include Arrowroot Capital Management (1 company), Runway Growth Capital (1 company) and Carlos Gutierrez (1 company).
Recent News related to Perle Ventures
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Online learning startup Academy Xi raises $14 millionStartup Daily•Oct 04, 2021•Academy Xi, Milford, Alium Capital, Giant Leap Fund and 2 others
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Australia's Simple gets $17m expansion roundAsian Venture Capital Journal•Aug 29, 2018•Simple, BBRC, Perle Ventures
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Global SaaS Commerce Platform TradeGecko Raises USD 10M in Series B Funding Led by TNB Aura Fund 1 & Aura Venture FundPR Newswire•Jul 23, 2018•TradeGecko, Perle Ventures, 33 Capital, TNB Ventures and 1 other
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Energy startup Wattwatchers raises $2 million as fintech Spriggy raises $2.5 million - Startup DailyStartup Daily•Aug 15, 2017•Wattwatchers, CEFC, Spriggy, Thinxtra and 3 others
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VR Education Startup Academy Xi Raises $2.25M Series A Round To Create The School Of The FutureSuperbCrew•Jun 26, 2017•Academy Xi, Perle Ventures, Alium Capital
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Australian startup future-proofing your skills raises $1.7m to expand to SingaporeTech in Asia•Jun 14, 2017•Academy Xi, Alium Capital, Perle Ventures
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Thailand's 2W Group leads US$5M investment into MC Payment to finance expansione27•Nov 11, 2016•http://aurafunds.com.au, Perle Ventures, 2W, tryb and 3 others
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