BetterLabs
Overview
BetterLabs is an early-stage venture capital fund and venture studio based in Perth, Australia, backed by RAC. The firm invests in seed and Series A technology companies, with a focus on sectors including next-generation insurance, clean technology, and mobility.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Powerledger | Sep 2018 | Seed | Co-investor |
| WeMoney | Apr 2025 | Series A | Co-investor |
| Upcover | Feb 2025 | Debt | Co-investor |
| The Volte | May 2023 | Series A | Co-investor |
| SpacetoCo | Sep 2019 | Seed | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is BetterLabs based?
BetterLabs is headquartered in Perth, Australia.
When was BetterLabs founded?
BetterLabs was founded in 2018.
How many portfolio companies does BetterLabs have?
BetterLabs has 12 portfolio companies in Caplight's dataset.
What are some companies in BetterLabs's portfolio?
Portfolio companies visible on Caplight include Powerledger, WeMoney, Upcover, The Volte, SpacetoCo.
What was BetterLabs's most recent investment shown here?
BetterLabs's most recent investment in this portfolio sample was in WeMoney in 2025.
What sectors does BetterLabs focus on?
BetterLabs focuses on Healthcare & Life Sciences, FinTech, Consumer & Commerce, FinTech, Consumer & Commerce, Enterprise Software, Real Estate & PropTech, Consumer & Commerce, Enterprise Software, Energy & Sustainability, FinTech, FinTech, Consumer & Commerce, Crypto & Web3, Mobility, Transportation & Logistics, Enterprise Software, Frontier & Industrial Tech, Consumer & Commerce, AI, Data & Cloud Infrastructure, FinTech, Enterprise Software.
What company stages does BetterLabs focus on?
Stage focus information for BetterLabs is not publicly available.
What is BetterLabs's AUM?
BetterLabs's assets under management are estimated between $23.0M and $23.0M.