Wellbeing expert advice marketplace Anni has banked $1 million in a Seed raise just five months after launching. The round has backed by several unnamed high net worth individuals and family funds and will be used to build out the wellbeing platform in areas such as online video consults, digital goods and distributed cross-platform on-demand… Read more »
Edtech Cleverbean has raised $200,000 in Seed funding from Victorian early-stage investor Skalata Ventures to help reduce teacher burnout, at a time when a record number are leaving the profession. The startup offers thousands of evidence-based and research-backed learning materials for the K-6 Australian English curriculum. Cleverbean was cofounded Lucy Chambers, a teacher, and Alina… Read more »
Financial advice fintech Lumiant has raised $5 million in a second self-described “Seed” round. The funding came from two growing independent advisory firms, Australia’s Invest Blue and US firm Savant Wealth Management. Lumiant is a cloud-based advice platform designed to improve financial advisers’ and clients’ advice outcomes. The funding is earmarked for US expansion and… Read more »
Advertising platform Zitcha has raised $4.7 million in Seed funding in a round led by local VC OIF Ventures. The software platform lets retailers sell advertising space to suppliers to market directly to their customers. It automates marketing purchases by retail brands on retailer channels such as email, apps, digital in-store screens, websites and social… Read more »
A buy-to-earn fintech Hello Clever has raised $4.5 million in a Seed round as it looks to build out its instant rewards ecosystem. The round was led by Vectr Fintech Partners with participation from CrossFund, Yolo Investments, Magnivia Ventures, Son Tech Ventures, Boson Ventures and notable angels such as Ken Cheung, the former APAC head… Read more »
Insurtech startup Upcover has raised $2.7 million in a Seed funding alongside $2 million in debt as it looks to transform the small business insurance sector. The round was backed by venture funds Antler Australia – Upcover was part of its inaugural accelerator program in 2019 – and Betterlabs, as well as a range of … Read more »
Computer vision software startup Black.ai has raised $5.4 million in a Seed+ round. It was led by Jelix Ventures, with support from Right Click Capital and several angel investors. The six-year-old business has now raised $8.55 million and will use the funds to double its local headcount, expands its industry reach, and build out its… Read more »
Vyro, the six-month-old startup looking to transform how electric vehicles are sold in Australia, has raised $1 million in Seed funding. The round was led by Ellerston Capital and Antler Australia, which delivered initial seed capital last year when Vyro was part of the Antler program. Also backing the Seed raise are several prominent angel… Read more »
Upstreet, a fintech that rewards shoppers with fractional shares in the ASX, NYSE and NASDAQ listed companies, has raised $3 million in Seed-plus funding. The round was led by Wattle Hill Capital supported by new backers Kelly+Partners Investment Office, McKinsey & Co. Partners and private investors including MadPaws CEO Justus Hammer, Wattle Hill Capital founder… Read more »
Tasmanian startup Varicon has raised $2.25 million in a Seed round for its construction cost management software. The round was led by Sydney VC Black Nova, supported by Andrew Sypkes, Galileo Ventures and Artesian, as well as strategic industry players Slattery Construction chair Josh Slattery, Tidal Ventures co-founder Murray Bleach, Aconex co-founder Leigh Jasper, and… Read more »
Gold Coast-based equity management platform Cake Equity has raised US$2.2 million ($A3m) in seed capital. The round was co-led by California investor Jason Calacanis through Launch and its angel platform, TheSyndicate, as well as Australian VC Rampersand. Calacanis is a Cake customer. Airtasker co-founder Jonathan Lui and Practice Ignition founder Guy Pearson also chipped in. Cake… Read more »
Digital lending and payments provider WLTH has landed a $3 million seed round, with the Brisbane fintech now launching a $15 million series A with an eye to international expansion. The venture, founded in 2019, has trimmed its sails since originally announcing its intentions earlier this year for a $5m seed, followed by a $20… Read more »
Multi-currency payments startup Paytron has raised a $4.35 million seed round as it launches it product for the SMB market. Australian VC fund Carthona Capital and Germany’s Picus Capital were the major backers in the raise. Co-founders and former banking execs Jaco Veldsman and Francois Henrion set out to address the pain point of small… Read more »
A year-old online car financing marketplace has raised a $3 million seed round led by Carthona Capital. Driva, which launched in early 2020, hopes to take on comparison sites such as Finder and Canstar, offering car buyers lending options from more than 30 auto financers. The fresh round of investors includes Stephen Das, founder of… Read more »
Melbourne proptech startup Rental Heroes has raised $1 million in seed funding for its AI-based tenant request SaaS platform. Seed investment group Investible led the round, with existing investor, Artesian, once again backing the two-year-old startup alongside US-based Hustle Fund and Morten Birk Belling, managing director of Menulog ANZ. Rental Heroes is pioneering the use… Read more »
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