BetterLabs Ventures

BetterLabs Ventures is a venture capital firm and startup studio located in Perth, Australia. The company focuses on identifying early-stage investment opportunities that leverage technology to address specific customer challenges. BetterLabs is particularly interested in startups operating within the insurance, clean-tech, and mobility sectors, emphasizing a business-to-consumer (B2C) or business-to-business-to-consumer (B2B2C) model. The firm views technology as a means to facilitate solutions rather than an end in itself, aiming to support innovative companies that can drive meaningful change in their respective industries.

James Edwards

CEO

15 past transactions

WeMoney

Series A in 2025
WeMoney is a financial wellness platform designed to empower individuals to take control of their financial lives. It offers a comprehensive toolset that allows users to track their credit scores, bills, recurring payments, savings, debts, and income all in one place. By utilizing advanced behavioral science and artificial intelligence, WeMoney provides guidance and nudges towards making informed financial decisions. The platform features auto-categorization and smart alerts, helping users to identify potential pitfalls in money management and ultimately save money. Through its innovative approach, WeMoney aims to promote better financial health and decision-making among its users.

Upcover

Series A in 2025
Upcover Pty Ltd, established in 2018 and headquartered in Sydney, Australia, specializes in providing insurance solutions for platform, contract, and freelance workers. The company's core mission is to simplify the distribution of insurance, enabling trusted brands and marketplaces to seamlessly offer affordable business insurance to their small and medium-sized enterprise (SME) customers and contractor workforce. Upcover achieves this through its universal quote and bind APIs, as well as its user-friendly platform. The company's assets are managed by its executive management team.

Loopit

Seed Round in 2024
Loopit is a software-as-a-service (SaaS) platform specializing in car rental, car subscription, and fleet management solutions. Founded in 2019 and based in Sydney, Australia, Loopit provides mobile software tailored for automakers, dealerships, and new mobility providers, facilitating a comprehensive range of private transportation services. The platform simplifies the process of offering car subscriptions by managing both customer interactions and back-office operations, allowing clients to implement their own subscription services in-house. By integrating with dealership websites and offering a user-friendly booking form, Loopit enables car dealerships to present flexible ownership alternatives directly to their customers, enhancing accessibility and convenience in the automotive market.

WeMoney

Series A in 2022
WeMoney is a financial wellness platform designed to empower individuals to take control of their financial lives. It offers a comprehensive toolset that allows users to track their credit scores, bills, recurring payments, savings, debts, and income all in one place. By utilizing advanced behavioral science and artificial intelligence, WeMoney provides guidance and nudges towards making informed financial decisions. The platform features auto-categorization and smart alerts, helping users to identify potential pitfalls in money management and ultimately save money. Through its innovative approach, WeMoney aims to promote better financial health and decision-making among its users.

Upcover

Seed Round in 2022
Upcover Pty Ltd, established in 2018 and headquartered in Sydney, Australia, specializes in providing insurance solutions for platform, contract, and freelance workers. The company's core mission is to simplify the distribution of insurance, enabling trusted brands and marketplaces to seamlessly offer affordable business insurance to their small and medium-sized enterprise (SME) customers and contractor workforce. Upcover achieves this through its universal quote and bind APIs, as well as its user-friendly platform. The company's assets are managed by its executive management team.

Snackr

Seed Round in 2022
Snackr is a mobile ordering platform designed to keep fans in the action and out of the queues at live events!

Grow Impact

Seed Round in 2022
Grow Impact is a modular software system offered as a service, specifically designed to assist the research community in demonstrating the real-world impacts of their work. This innovative platform enables research organizations to effectively showcase their progress to funders and stakeholders, illustrating how their research contributes to meaningful outcomes. Additionally, it provides a patented visual planning system that helps researchers highlight their journey and achievements, while selectively targeting potential funders and grant providers. This functionality not only aids researchers in promoting their work but also allows funders to efficiently find, compare, and evaluate researchers who align with their funding criteria. Through these capabilities, Grow Impact bridges the gap between research and real-world applications, enhancing accountability and transparency in research funding.

The Volte

Seed Round in 2021
The Volte is an online fashion rental marketplace that facilitates connections between borrowers and a national network of individual and corporate lenders, as well as designers. The platform allows users to access trendy clothing and accessories while providing an opportunity to monetize their own wardrobes. It features a personal dashboard that enables users to track and manage their listings effectively. Additionally, The Volte offers a secure payment gateway, ensuring a seamless transaction process for those looking to rent out or borrow fashionable items.

Waffle Labs

Seed Round in 2021
Waffle Labs, Inc. is a New York-based company founded in 2018 that specializes in developing financial services software to assist customers in managing their investments. In addition to its investment management solutions, Waffle Labs operates an insurance platform that provides customizable insurance plans across various categories, including renters insurance, pet insurance, personal cyber insurance, and term life insurance. Through its innovative offerings, the company aims to enhance the financial security and investment strategies of its clients.

WeMoney

Seed Round in 2020
WeMoney is a financial wellness platform designed to empower individuals to take control of their financial lives. It offers a comprehensive toolset that allows users to track their credit scores, bills, recurring payments, savings, debts, and income all in one place. By utilizing advanced behavioral science and artificial intelligence, WeMoney provides guidance and nudges towards making informed financial decisions. The platform features auto-categorization and smart alerts, helping users to identify potential pitfalls in money management and ultimately save money. Through its innovative approach, WeMoney aims to promote better financial health and decision-making among its users.

Environmental Water Solutions (EWS)

Grant in 2019
Environmental Water Solutions Pty Ltd. is the registered owner and founder of Complete Home Filtration since 2018 Complete Home Filtration specialises in the installation of whole of home water filtration systems ensuring clean, delicious water from every tap that is not only better for your health and pocket but better for your home and the environment too. Never pay for bottled water again and enjoy water that is kinder to your skin and hair and everything in the home that uses water, including your water using fixtures and appliances.

SpacetoCo

Seed Round in 2019
SpacetoCo is a technology-driven company that connects individuals and organizations with a variety of short-term private spaces, including function rooms, apartments, offices, studios, and parks. Its platform enables users to efficiently list, discover, and book community spaces, facilitating access to resources for activities such as work, learning, and events. By promoting the sharing of existing facilities, SpacetoCo not only helps space owners earn income but also fosters community engagement and stimulates local economies. The company aims to enhance resource utilization while building better connections within communities.

Power Ledger

Seed Round in 2018
Power Ledger is a company that specializes in blockchain technology for renewable energy trading. It enables owners of renewable energy assets to sell their surplus energy directly to others, allowing them to choose both the recipient and the price. The company's platform uses blockchain to create a transparent, auditable, and automated market for energy trading, benefiting both producers and consumers. Power Ledger's technology supports the sale of excess renewable energy from residential and commercial properties connected to existing electricity grids or within micro-grids. By doing so, it empowers consumers to manage their energy economy while preserving the value of current distribution networks.
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