The tangled web behind Marbruck, Australia’s most secretive VC fund
Marbruck Investments has quietly backed some of Australia’s most recognisable startups. But very few people know who is behind it, or where the money has come from.
If you’ve been paying attention to the Australian startup funding market over the past few years, chances are you have come across the name Marbruck Investments.
The Sydney-based outfit has backed 57 startups globally since 2013. At least three, including SafetyCulture, have become unicorns. Another three have successfully exited via IPOs, while eight have been acquired. The most recent of those was Eucalyptus, the Sydney telehealth startup that was sold to US-listed Hims & Hers last week for $1.6 billion.
Most VC firms with a track record like that would be shouting from the rooftops about it. Marbruck has said nothing.
Its founders do not appear on the conference circuit, or sit on boards of the companies they invest in. Nor do they appear in the media — or even on the firm’s own website.
