News & Analysis

Beat The Q Posse Group raises $5 million and rebrands its flagship product to Hey You

- August 4, 2015 3 MIN READ

Ten months after merging, Australian startups Beat the Q and Posse have announced the closure of an oversubscribed Series A $5 million funding round led by Westpac’s $50 million venture fund Reinventure and 12-year-old venture capital firm Exto Partners. The new investment will be used to fund product development – specifically, to improve the payment process for customers when dining out or buying coffee and to introduce new features – as well as marketing and scaling merchant acquisition.

News & Analysis

Startups Posse and Beat the Q merge to catapult growth

- October 28, 2014 3 MIN READ

Posse and Beat the Q have today announced a merger that will assist in companies’ growth trajectory. Together, the startups want to create the “Uber or Airbnb of shopping”. Posse and Beat the Q both have strong traction; collectively, they will have 500,000 users, 56,000 shop relationships and handle over 400,000 transactions per month.

Profiles

Is Posse the Future Yellow Pages?

- September 13, 2012 2 MIN READ

A few months ago when I first discovered Posse – I have to admit that I really didn’t “get it” – The graphics were pretty cool and they have had large amounts of media coverage, but at face value all I understood was that it was another social network that had pivoted from the music industry. I had heard founder, Rebekah Campbell speak before around at various places and read her blogs, so I knew that she was a smart person that know’s what she is doing. I went in and dabbled around a bit on the site and then lost interest for a bit.

Profiles

Posse Launches – Are you Sharing Your World?

- June 25, 2012 2 MIN READ

For the last couple of weeks, new startup Posse has been admitting a limited number of individuals into it’s “gates” every day. The company made a major pivot recently and closed another 1.2 million dollar funding round from a group of US and Australian based investors.