Serial entrepreneur Carrie Kwan has sold her women’s microbusiness advisory and networking platform, Mums & Co, to insurance giant IAG for an undisclosed sum. The deal, via IAG’s NRMA Insurance brand, reflects a longstanding relationship with Kwan, dating back to the genesis of Mums & Co in 2016, with the insurer an existing investor in… Read more »
Insurance giant IAG’s venture capital arm, Firemark Ventures, has appointed former Fintech Australia boss Rebecca Schot-Guppy a general partner alongside company veteran Bradley Armstrong. The company initially recruited Schot-Guppy  as its leverage and portfolio management manager in late 2021. Armstrong has been with the business for nearly a decade, working his way up the ranks from… Read more »
Carbar CEO Des Hang (right) with his co-founders Davie Saw, Kenneth Teh and Richard Chen. Source: supplied The Melbourne startup has introduced monthly subscription car hire to Australia It’s just launched in Sydney and will use the cash injection to roll out nationally in 2020 IAG is hoping to gain a better understanding of consumer… Read more »
Data61 has partnered with IAG and the University of Sydney to launch the Gradient Institute, which has been tasked with researching the ethics of AI.
Snug looks to shift the state of play in the rental space more in favour of renters, with its BondCover product taking aim at the rental bond system.
Hyper Anna has raised $16 million in a Series A round led by Sequoia China, with participation from existing backers Airtree Ventures and Reinventure.
Mums & Co offers access to tailored events, discounts on perks ranging from the likes of postage to restaurant vouchers, and a ‘Concierge’ connecting them to business services such as legal, insurance packages, and HR help and toolkits.
Sydney startup Hyper Anna has today announced it has raised $1.25 million in funding from Westpac’s VC arm, Reinventure and AirTree Ventures. The investment will help the startup launch its product in the US next year.
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