hostplus, Sam Sicilia

‘No superannuation fund has done more’: Hostplus fires back on Employment Hero founder’s ‘tirade’

- March 13, 2024 3 MIN READ

Hostplus says Employment Hero CEO Ben Thompson wants them to “pay to play” to promote the super fund on the employee platform, but they’ve turned it down because it’s “undisclosed advertising”. In a statement to Startup Daily in the wake of Thompson publishing the letter from Hostplus to fellow investor, VC fund Airtree, which called… Read more »

Employment Hero founder Ben Thompson

Employment Hero founder Ben Thompson fired a broadside at one of his investors, Hostplus, claiming the super fund ‘wants to put us out of business’

- February 29, 2024 3 MIN READ

Disrupting a $3.5 trillion industry is difficult. Just ask fintechs like Cannon-Brookes-backed Spaceship, Superhero, and Verve Super. Australia’s superannuation industry gets a $362 billion compulsory cake from fees – more than $30 billion annually – and wants to eat it all too. Treasury put out a consultation paper titled Securing Australians’ Superannuation late last year… Read more »

Employment Hero cofounders Ben Thompson and Dave Tong.

Employment Hero hits $2 billion valuation after whopping $263 million Series F

- October 19, 2023 2 MIN READ

HR platform Employment Hero has landed 2023’s biggest local raise, bagging $263 million in a Series F led by US fund Technology Crossover Ventures (TCV). It’s the second nine-figure raise this week with Canberra startup Skykraft announcing a $120 million round for its satellite-based air traffic management system. Employment Hero’s backing from TVC remains subject… Read more »


SEEK just backed a $22 million Series C for people management startup Employment Hero

- July 8, 2019 2 MIN READ

Employment Hero co-founder and CEO Ben Thompson. Source: supplied The latest raise values the 5-year-old startup at more than $100 million SEEK, OneVentures, and AirTree Ventures contributed once again The funds will help facilitate strategic integrations with SEEK, and international expansion, as well as developing the “WorkLife Passport” product, which simplifies things such as super… Read more »