Research platform Dovetail nudges unicorn status with $87 million Series A

- January 20, 2022 2 MIN READ

Customer research platform Dovetail has raised US$63 million (A$87m) in a Series A for the software startup’s first major funding round. The raise was led by Accel, with participation from existing investors including Blackbird, Felicis Ventures, Grok Ventures, and CultureAmp CEO Didier Elzinga. New backers include Slack CEO Stewart Butterfield, Wedflow CEO Vlad Magdalin and… Read more »

will davies
Mergers & Acquisitions

Uber gobbles up Car Next Door

- January 20, 2022 2 MIN READ

Australian startup Car Next Door as sold to the US tech giant Uber after a decade in business. The price of the acquisition was not disclosed The peer-to-peer car rental platform first launched in Sydney in 2012 and now operates in all capital cities except Darwin, as well as the Gold Coast, Cairns,Launceston, and Newcastle.… Read more »

Mergers & Acquisitions

Canadian software company Marpost acquires Australian ecommerce platform Retail Express for $61 million

- January 19, 2022 2 MIN READ

The global expansion plans of Canadian ecommerce company Maropost continue with the acquisition of 15-year-old Australian retail platform Retail Express for CN$55 million (A$61m). Retail Express is the Australian & New Zealand leader in point-of-sale systems for mid-market and enterprise retail brands. Founder and CEO Aaron Blackman has bootstrapped the business since its launch in… Read more »

horse, fall, crash

Payday lending fintech Beforepay tanks on debut

- January 18, 2022 2 MIN READ

Payday lending fintech Beforepay had the $35 million value of its IPO wiped away on debut on the ASX today, with the company’s share price plunging 44% in its first day of trade. Making an early bid for 2022’s worst opening day – the drop saw Beforepay (ASX: B4P) float at $3.41 per share, but… Read more »

Mergers & Acquisitions

HungryPanda gobbles up Asian food delivery platforms Easi and Buy@Home

- January 11, 2022 2 MIN READ

UK-based Asian food delivery platform HungryPanda, has snapped up two local rivals, acquiring Melbourne-based startup Easi and New Zealand’s Buy@Home. The terms of the deal were not disclosed. The acquisitions mean HungryPanda, founded in 2017, now operates in 10 countries, including the UK, France, Italy, the US, Canada, Australia, New Zealand, Japan, South Korea and Singapore, across 60 cities.… Read more »

Annie Flamsteed

Athlete mental health startup championed by Grand Slam winning tennis coach Darren Cahill bags $2.5 million seed round

- January 10, 2022 2 MIN READ

A female-founded wellness management platform for youth athletes has closed a $2.5 million seed round as it looks to help athletes with their mental health. Brisbane-based iNSPIRETEK was founded by former competitive gymnast Annie Flamsteed to provide athletes with mental health support and the tools they need when they need them most. The round was led by… Read more »

Amanda Fay
News & Analysis

Startup advice marketplace The Pitch Portal has 1000 experts to turn to for advice

- January 7, 2022 4 MIN READ

Thousands of startup experts and consultants have signed up to offer flexibility on the billing or meet entrepreneurs ‘halfway’ in fee negotiations as part of a new online service investment marketplace, The Pitch Portal. Founder Amanda Fay launched the platform in the thick of last year’s Covid lockdowns, explaining that The Pitch Portal is both… Read more »

News & Analysis

Startup Daily’s most read stories of 2021

- January 4, 2022 3 MIN READ

While new variants of Covid-19 gave the past year a Groundhog Day quality after the initial disruption of 2020. But despite the additional chaos, it was an another exciting year for the startup and tech sectors amid massive raises, the rise of more venture capital funds and plenty of mergers and acquisitions. On that front… Read more »