Archangel Ventures Fund III

Archangel Ventures

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Status

ACTIVE

Global HQ

Melbourne, Australia

Countries of investment

Australia
Singapore
United States
Canada

Investment stages

Pre-Seed
Seed

Industries

Artificial Intelligence
Fintech
Healthtech
SaaS
Marketplaces
Deep Tech
Consumer
Supply Chain
Energy
Construction Tech

About
Archangel Ventures is a Melbourne-based specialist pre-seed and seed venture capital firm founded in 2020. The firm invests primarily in Australian technology startups across AI Native, fintech, healthtech, SaaS, marketplace, and deeptech sectors, with selective coverage of Singapore, Canada, and the US. Portfolio companies include Heidi Health, Atelier, and Pearler.

Min check size: $250K
Max check size: $2M
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Investment Thesis

Archangel Ventures focuses on deploying the majority of its capital at pre-seed and seed stages, partnering with Australian founders at the very beginning when decisions matter most. The firm takes a first-cheque approach with speed and conviction.

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Manager's Experience

Archangel Ventures is led by Founder and Managing Partner Ben Armstrong, who brings 15 years of VC investing experience across Australia and the US with multiple exits, including a prior role at Telstra Ventures (now Titanium Ventures). Ben is also a prolific angel investor and former founder, uniquely combining operator empathy with institutional early-stage investing discipline. The team collectively has 175+ pre-seed deals of combined experience, making it one of the most experienced early-stage investing teams in Australia.