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 »
Enterprise software startup Servicely has raised $3 million as it looks to transform how people work. The round was led by Sydney B2B SaaS focused venture fund EVP. The funding is allocated towards further international expansion and enhancing the startup’s Enterprise Service Management (ESM) platform. Servicely’s software-as-a-service (SaaS) platform uses artificial intelligence (AI) to augment… Read more »
At Startup Daily’s recent 2023 Tech Playbook From Idea to Unicorn event, our expert panel unpacked the fundamentals of scaling a SaaS business. In a panel moderated by Matthew Allford, Content Creator and DevOps Engineer at Idea to Unicorn community partner Parallo, founders and technology leaders discussed the major challenges and opportunities when growing SaaS businesses in… Read more »
At Startup Daily’s recent 2023 Tech Playbook From Idea to Unicorn event, our expert panel broke down the key startup trends tech companies need to look out for in the year ahead. Powered by Microsoft, with community partners BDO and Parallo, the November 17 event at founders’ hub Fishburners highlighted the importance of sharing information… Read more »
Kiwi tech company Blackpearl Group (BPG) will list on the New Zealand stock exchange next month – the only IPO for the NZX in the second half of 2022. Blackpearl builds, acquires, and markets data-driven cloud services involving productivity and demand generation applications for small and medium-sized businesses (SMB). Its proprietary data platform, the Pearl… Read more »
A software platform to help product managers align goals across the board has raised $2.3 million in Seed funding. The round for Sauce was led by Blackbird, and supported by Airtree Ventures , alongside product leaders in several local tech companies including SafetyCulture, Eucalyptus, Respondent, Minnow, EarlyWork, Archangel and UltraViolet Ventures. Sauce was cofounded by… Read more »
Renewable energy software platform Orkestra has raised $1.1 million in a Seed round to support large power companies roll out new projects. The raise was led by local seed stage VC Tidal Ventures with support from angel investors with links to the energy industry. The capital is will be used to expand Okestra’s team and… Read more »
In recent years, Software as a Service (SaaS) startups have been fed on a steady diet of cheap money and notions like ‘Growth at all costs’ and ‘Winner takes all’. In turn, this was reflected in the way SaaS performance is measured, the way companies undertook capital raisings, how they spend their cash and how… Read more »
Sydney-based Devicie has raised $14 million in a Series A to expand offshore with its end-user device security management software. The round was led by New York VC giant Insight Partners, supported Australian cyber security services provider CyberCX. Devicie previously raised $1.3 million in Seed capital from angel investors and the cybersecurity venture accelerator program… Read more »
Melbourne data analytics startup Intellischool has raised $3.3 million as it looks to go global with its edutech platform. The round was led by Sydney VC EVP and supported by social impact investor Save the Children Impact Investment Fund, edtech ventures Schoolbox and Curio Ventures, and personal backing from several edtech entrepreneurs. The capital is to bolster customer growth… Read more »
AI-based platform Servicely, a low-code service management platform, has raised $1.2 million in its first external capital round. The round was backed by a combination of high-net worth individuals and a family office. Servicely is a low-code service management platform with a proprietary AI engine that observes and learns how work is being done by… Read more »
Will and estate planning startup Willed has raised $6 million as it looks to expands its services to deal with issues such as cryptocurrency. The SaaS startup’s backers include Thorney Investment Group, Ellerston Capital, Paul Dwyer, founder of PSC Insurance, and Bell Potter’s Hugh Robertson. Dwyer has joined the Willed board as a non-executive director.… Read more »
Apxium is a leading provider of accounts receivable automation software, along with smart payments tech and automated invoice financing to deliver a unique combination that was previously missing within the global professional services arena. Founder and Managing Director Jeremy Coombe said that as a unique “SaaS+FinTech” innovation, Apxium brings new technology to solve problems evident… Read more »
The cost of personal distraction to mental health and productivity has been well documented. But less understood is the impact of distraction on SaaS startup growth. Having your attention constantly drawn to shiny new things (or even mundane things) will have a massive impact on your ability to grow your business. It takes your focus… Read more »
Hudled, the Sydney startup tackling problem of companies overspending on software, has hit US$100 million worth of software as a service (SaaS) spend managed on the platform. The benchmark comes just 12 months after the Hudled solution launched in April 2021. Co-founder Alex Millar said nearly 300 companies have now signed up to the platform,… Read more »
Is there a bit of nark and envy creeping into Australian venture when it comes to Blackbird? 
Blackbird backs generative AI startup Leonardo.Ai in $47 million raise 
Songtradr chalks up $106 million Series E as Epic Games joins cap table following Bandcamp sale 
Billionaire investor Charlie Munger had some choice things to say about VCs and crypto 
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