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AI Venture Studio

We build the companies that build the future.

Conjure is a full-stack AI venture studio — we co-found, fund, and scale AI companies from first principles.

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The next decade belongs to AI-native companies. We're building them.

Conjure is not a typical fund. We sit at the intersection of operator and investor — we write code, close customers, and write cheques. When we commit to a company, we commit completely.

Our Thesis

What we believe

01

The biggest opportunities in AI aren't in models — they're in vertical applications that own the workflow.

02

Speed is the moat. The teams that ship fast, learn fast, and re-wire fast will dominate.

03

The best founders are obsessive about a problem, not a solution. We back that obsession.

04

Distribution beats technology. We bring both — and the network to accelerate both.

What we offer

Three ways in

Co-Build

Build

We embed alongside founding teams — engineering, product, and GTM from day one. Not a cheque, a co-founder.

$0–2M SAFE + 15% co-founder equity

Lead Round

Invest

We lead pre-seed and seed rounds in AI-native companies with unfair founder + distribution advantages.

$500K–5M, lead or co-lead

12-Week Program

Incubate

Twelve weeks of intense co-creation: idea validation, MVP, first revenue. We fund the intake and take a stake.

$250K for 12% — 2 cohorts/year

Portfolio

Companies we've built & backed

Meridian AI
Meridian AI
Autonomous financial close platform
series-a
Vanta Labs
Vanta Labs
AI-native compliance automation
seed
Synth Protocol
Synth Protocol
Data synthesis for ML pipelines
pre-seed
Crestline AI
Crestline AI
Predictive infrastructure for enterprise
seed
Lumen Health
Lumen Health
Clinical AI decision support
pre-seed
Orbit CX
Orbit CX
AI-first customer experience stack
series-a
Axiom Data
Axiom Data
Real-time AI observability
seed
Strata Agents
Strata Agents
Multi-agent workflow automation
pre-seed
Proof

The numbers

28
Portfolio companies
340M
Total fund size (AUD)
4.2x
Avg portfolio MOIC
12
Exits to date

"Conjure didn't just write a cheque — they built alongside us for six months. That's why we're alive."

Aisha Nwosu — CEO, Meridian AI

"The Conjure thesis resonated immediately. They understood our space before we even finished the pitch."

Marcus Chen — Founder, Vanta Labs

"If you're building in AI and want a partner who ships code AND closes deals, talk to Conjure."

Priya Sharma — CTO, Synth Protocol

"They challenged every assumption, opened every door. Raised our Series A in six weeks."

Tom Blackwood — CEO, Orbit CX

Got a company worth building?

We read every pitch. We move fast. If there's a fit, you'll hear from us within 72 hours.

Pitch Us

or email us directly at pitch@conjure.vc

Sydney, NSW — investing globally