Dovetail
Funding

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 »

Bruce Buchanan Rokt
Funding

Rokt just smashed Australian VC funding records with a $458 million in a Series E led by Tiger Global

- December 17, 2021 2 MIN READ

Ecommerce tech platform Rokt has raised the bar on venture capital backing for Australian startups after raising A$458 million in a Series E. It’s the biggest single venture raise in Australian history and values the business at $2.75 billion. That more that doubles the company’s valuation from A$1.36 billion in June following a secondary share… Read more »

Daniel Kniaz, Russell Martin
Funding

Small business expenses startup DiviPay banks $20 million Series A for offshore ambitions

- December 13, 2021 2 MIN READ

Sydney startup DiviPay has raised $20 million in a Series A as it looks to expand internationally. The company did not disclose who led the round, saying only that it was a “global fintech-focused growth equity investor”. Other backers in this round include Global Founders Capital, Rapyd’s new VC arm, Rapyd Ventures, Raffael Johnen from… Read more »

Funding

Kiwi retailing crime intelligence startup Auror raises NZ$30 million

- December 9, 2021 2 MIN READ

New Zealand crime intelligence software startup Auror has raised NZ$30 million (A$28.5m). The round was led by Movac, New Zealand’s largest VC firm, with support from GD1, Silicon Valley-based Shasta Ventures, and Sydney-based Folklore Ventures in a mix of primary capital and secondary transactions. Movac partner Lovina McMurchy will join Auror’s board. The company plans… Read more »

Fred Schebesta
Funding

Comparison site Finder valued at $680 million after taking on $30 million in its first raise

- December 9, 2021 2 MIN READ

Comparison site Finder has raised $30 million in the first raise in its 15-year history as it pivots to fintech business with a focus on digital assets. A single investor, Microsoft-backed Sydney fund Future Now Capital, wrote the cheque for an equity stake in the Sydney-headquartered company, on a $650 million pre-money valuation. Finder plans… Read more »

Funding

Former Macquarie banker Allan Moss backs satellite startup Skykraft in $3.5 million raise

- December 8, 2021 2 MIN READ

Skykraft, a Canberra space startup, has raised $3.5 million for its plan to build a satellite constellation for space-based air traffic management services. Former CEO of Macquarie Group Allan Moss, Lennoxgrove Capital and Adcock Private Equity are among the investors. The ACT-based space services company specialises in the design, manufacture and operation of SmallSat constellations… Read more »

Funding

Freight logistics startup Ofload raises $20 million Series A

- December 7, 2021 2 MIN READ

Sydney-based logistics startup Ofload has bagged $20 million in Series A raise that took less than four weeks. While existing backers such as  Maersk Growth, Global Founders Capital, Flash Ventures and Foundamental followed on from 2020’s $2.8 million round with new investors King River Capital, Flexport and Bay Grove signing on. Maersk, Global Founders Capital, Flash and Foundamental also backed a $3.8 million raise… Read more »

Funding

Tiger Global gets into the used car business with $28 million seed round for online dealership

- December 7, 2021 2 MIN READ

Among the flurry of investments voracious US firm Tiger Global made earlier this year, as the world’s most active startup investor, another Australian startup caught its eye back in March, scoring a US$20 million (A$28m) seed round. Another nine months has passed in “stealth mode” and the online used car dealership, Carma is now looking… Read more »

unicorn dog
Funding

JUICY BONE: Pet Circle tossed $125 million Series C treat

- December 7, 2021 2 MIN READ

Ecommerce retailer Pet Circle has raised $125 million in a Series C. The round was led by US investment firm Prysm Capital and Sydney-based TDM Growth Partners, with existing backer AirTree Ventures joined by new investor Baillie Gifford from the UK While the international investment has been announced, it’s still subject to regulatory approvals. The… Read more »