BetterLabs Ventures

BetterLabs Ventures is a Perth-based venture capital firm that funds and supports early-stage startups across Australia in insurance, clean-tech, and mobility. The firm also operates the BetterLabs Venture Studio to develop startups in Western Australia. It seeks investment opportunities that use technology to solve specific customer problems, with a focus on B2C or B2B2C models, and views technology as an enabler rather than an end in itself.

James Edwards

CEO

Past deals in Australia

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.

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.

Fund My Dental

Seed Round in 2022
Fund My Dental is a fintech company that operates an end‑to‑end online platform for dentistry. It connects patients with dental clinics, allowing users to check symptoms, receive indicative costs, book appointments, and apply for financing. The platform includes an AI‑driven diagnostic tool that lets patients identify dental issues quickly, sending the information to dentists to prepare for visits. It also offers a partnership channel for dental practices, helping them integrate the service and improve accessibility to oral health care across Australia.
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