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W23

Oceania, New South Wales, Australia, Baulkham Hills

Description

W23 invest in game-changing startups led by visionary founders, and actively help them achieve their ambitious plans faster.

Investor Profile

W23 has backed more than 7 startups, with 1 new investments in the last 12 months alone. The firm has led 1 rounds, about 14% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Australia, United States, New Zealand.
  • Strong thematic focus on Software, Health Care, Internet.
  • Led 1 rounds in the past year.

Stage Focus

  • Series C (43%)
  • Series A (29%)
  • Series B (14%)
  • Seed (14%)

Country Focus

  • Australia (71%)
  • United States (14%)
  • New Zealand (14%)

Industry Focus

  • Software
  • Health Care
  • Internet
  • Food And Beverage
  • Food Processing
  • Manufacturing
  • Marketing
  • Organic
  • Organic Food
  • Plant-based Foods
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does W23 frequently co-invest with?

Bond
North America, California, United States, San Francisco
Co-Investments: 2
Athletic Ventures
Oceania, New South Wales, Australia, Sydney
Co-Investments: 1
NewView Capital
North America, California, United States, Burlingame
Co-Investments: 2
Necessary Ventures
North America, California, United States, San Francisco
Co-Investments: 1
Marbruck
Oceania, New South Wales, Australia, Darlinghurst
Co-Investments: 1
Airtree Ventures
Oceania, New South Wales, Australia, Surry Hills
Co-Investments: 2
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 1
Blackbird Ventures
Oceania, New South Wales, Australia, Sydney
Co-Investments: 3
Left Lane Capital
North America, New York, United States, Brooklyn
Co-Investments: 1
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 1

Which angels does W23 often collaborate with?

David Harris
North America, Texas, United States, Cleburne
Shared Deals: 1
Shared Deals: 1
RD
North America, California, United States, San Francisco
Shared Deals: 1
Darren Thomas
Oceania, Victoria, Australia
Shared Deals: 1

What are some of recent deals done by W23?

Harmonya

New York, New York, United States

Harmonya offers an API-based data enrichment and augmentation product that assists in category management, innovation, and product search.

Artificial Intelligence (AI)Product ResearchRetail Technology
Series UnknownJul 28, 2025
Auror

Auckland, Auckland, New Zealand

Auror is the platform for enterprise retailers focused on preventing crime, reducing loss, and making stores safer.

Artificial Intelligence (AI)Business IntelligenceEnterprise SoftwareReal TimeSecuritySoftware
Series CNov 12, 2024
Amount Raised: $48,566,144
ExoFlare

Alexandria, New South Wales, Australia

ExoFlare is a web application that allows farm managers, visitors, and vets in the agricultural and food sector to assess biosecurity risks.

AgTechInformation TechnologyRisk ManagementSoftware
SeedJul 15, 2024
Amount Raised: $3,584,072
Eucalyptus

Sydney, New South Wales, Australia

Eucalyptus constructs deep, smooth models of treatment that place the patient first, the dream, develop a run digital healthcare companies.

Health CareInternetSoftware
Series CApr 27, 2023
Amount Raised: $50,000,000
Great Wrap

Sorrento, Victoria, Australia

Great Wrap creates compostable cling wrap made from potato waste.

ConsultingConsumer Goods
Series AJul 25, 2022
Amount Raised: $11,000,000
Eucalyptus

Sydney, New South Wales, Australia

Eucalyptus constructs deep, smooth models of treatment that place the patient first, the dream, develop a run digital healthcare companies.

Health CareInternetSoftware
Series CJan 27, 2022
Amount Raised: $60,000,000
Eucalyptus

Sydney, New South Wales, Australia

Eucalyptus constructs deep, smooth models of treatment that place the patient first, the dream, develop a run digital healthcare companies.

Health CareInternetSoftware
Series BJul 13, 2021
Amount Raised: $22,320,000
Spero Foods

San Leandro, California, United States

Spero is a plant based food company utilizing process engineering and food science technology to create mainstream plant dairy and egg

Food and BeverageFood ProcessingManufacturingMarketingOrganicOrganic FoodPlant-Based Foods
Series AMay 7, 2021
Amount Raised: $11,000,000