Will Smith and Sam McDonnell
Business

Mating call: No code process digitisation platform Sitemate acquires Nomad Fleet for $2 million

- August 20, 2024 2 MIN READ

Sydney software proptech Sitemate has acquired fellow Startmate alumni software startup Nomad Fleet in a deal worth $2 million.  Surprisingly, it’s the first time in Startmate’s 13-year history that two of the 250 startup to emerge from the accelerator program have teamed up in an M&A deal. Both Sitemate cofounder Hartley Pike and Nomad founder Will… Read more »

Brandon Van Blerk
Funding

Kiwi proptech Tether banks $590,000 for global ambitions

- July 18, 2024 2 MIN READ

New Zealand building management proptech Tether has raised NZ$655,000 (A$592k) as it expands into the Australian market and Europe. The startup managed to avoid venture funding, securing backing from high net worth individuals on three continents as part of its global focus. In May 2023, Tether raised NZ$844,050 via crowdfunding platform Snowball Effect, taking the… Read more »

1Breadcrumb CEO Simon Elliott
Funding

Worksite safety proptech cements $4 million raise for global ambitions

- June 28, 2024 < 1 MIN READ

A construction site safety management startup has raised $4 million as it looks to expand internationally. 1Breadcrumb is a worksite and process management software platform, initially focusing on construction, with ambitions to spread to other worksites to improve safety and productivity. Nearly two-thirds of construction sites still use paper-based workflows. The company plays in a… Read more »

Antler Australia

Antler Investor Memo Series: Unseen makes data intelligence easy to access and use, starting with real estate

- April 4, 2024 4 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »

Andrew Colagiuri
Funding

Digital signatures proptech raises $2.5 million

- March 15, 2024 2 MIN READ

Proptech startup FLK it over has raised $2.5 million as it looks to expand beyond real estate with its electronic document signing solutions. Former real estate agent Andrew Colagiuri founded the startup in 2016, setting out to make administrative tasks, such as tenant signing, less cumbersome. He previously raised $2.13 million in 2022 from the… Read more »

ProcurePro cofounders Nathan Dench, Jesse Dymond, Alastair Blenkin, Tim Rogers and Tom Newby
Funding

Construction software startup ProcurePro builds $6.15 million Series A for UK expansion

- January 29, 2024 2 MIN READ

Queensland construction industry procurement platform ProcurePro has raised $6.15 million as it looks to take on the UK market.  The company’s first external round was backed by AirTree and industry expert Leigh Jasper through his VC fund Saniel Ventures.\ The capital raised from ProcurePro’s first venture round will help accelerate growth in the UK as a key… Read more »

Godfrey Dinh, Futurerent
Funding

Rental income lending fintech Futurerent bags $50 million in debt funding for US launch

- January 11, 2024 2 MIN READ

Landlord borrowing alternative Futurerent, which lends property investors up to $100,000 of their rental income in advance, has secured $50 million in debt funding and is launching a new US division of the brand called Downpayments. The venture debt was provided by US VC Second Century Ventures and California-based lender Partners for Growth (PFG), which has… Read more »

Funding

Virtual reality proptech EnvisionVR raises $2.58 million

- November 29, 2023 2 MIN READ

Virtual reality property walkthrough startup EnvisionVR has raised $2.585 million in a round backed by industry leaders. EnvisionVR, founded in 2019, is a mobile platform that uses virtual and augmented reality experiences for the off-the-plan property developments. In the last 18 months, more than $500 million worth of property has been showcased and sold by… Read more »

Soho Jonathan Lui
Funding

Airtasker cofounder Jonathan Lui’s proptech app, Soho, banks $750,000 to hit $20 million valuation

- November 27, 2023 2 MIN READ

Property buying discovery app Soho.com.au has raised $750,000 from Singapore proptechVC Feedback Ventures in a deal that values the startup at more than $20 million. Launched in 2018 by Airtasker cofounder Jonathan Lui, and described as “Tinder for real estate”, Soho uses artificial intelligence to personalise real estate searches, creating an instant list of properties… Read more »

PropCode Jonah and Will
Funding

Building regs analysis startup PropCode nails $400,000 pre-Seed round to simplify development planning

- November 16, 2023 2 MIN READ

Sydney property development analytics startup PropCode has raised $400,000 in a pre-Seed round Melbourne VC Skalata Ventures and Brisbane Angels joined the cap table alongside existing investor Antler Australia. The funding will be used to continue the build of PropCode’s AI-based regulatory analysis engine for the construction industry. Cofounded in 2022 with Antler’s backing by… Read more »

An artist's impression of the rooftop garden at Atlassian Sydney HQ, currently under construction and made from hybrid timber.
Funding

Aconex cofounder and Bluescope back $1.5 million Seed round for proptech software

- October 10, 2023 2 MIN READ

BlueScope Steel’s venture capital arm, BluescopeX, Aconex cofounder Rob Phillpot’s Gravel Road, and Archangel Ventures have co-led a $1.5 million Seed round for a Melbourne proptech software startup that educates commercial builders on the benefits of engineered timber for commercial construction. The raise for CLT Toolbox was also supported by Flying Fox Ventures and Dan… Read more »