Folklore Ventures

Folklore Ventures, formerly known as Tempus Partners, is a leading Australian venture capital firm founded in 2014 and headquartered in Sydney. Led by Founder and Managing Partner Alister Coleman, who brings 20 years of experience in the region's technology ecosystem, the 18-person team includes partners Albert Bielinko, Clare Power, and Andrew Larsen. The firm invests in early-stage software and advanced technology startups from Australian and New Zealand founders building global companies, and manages two ESVCLPs: Folklore Fund 2 and Fund 3. The firm is raising a $350 million fund backed by former Magellan head Brett Cairns and Canva co-founder Cameron Adams. Folklore leads rounds at seed and Series A, with checks typically ranging from $500,000 to $5 million. The firm has made 13 seed investments at an average round size of $2.87 million and 5 Series A investments at an average round size of $14.2 million, totaling 22 investments across the portfolio. Notable companies include Ansarada, an AI-powered deal management platform that was acquired; Auror, a retail crime intelligence platform; HappyCo, a property operations platform; Snug, a rental marketplace; Uptick, a safety management SaaS; and Wonde, an education data platform. Recent exits include Swoop Aero in March 2025. Folklore backs founders early — 69 percent of investments occur within two years of company inception — and strongly prefers B2B software companies with two or more founders who have prior startup experience and deep domain expertise. This evidence-based approach to pattern recognition in the ANZ market reflects the firm's conviction that the region has produced more than A$300 billion in B2B technology shareholder value over 25 years, and that the next generation of global leaders will be built on the same foundations.