Profiles

SafetyCulture raises $6.1 million in Series A round to invest in tech, sales and marketing talent

- September 22, 2015 3 MIN READ

Townsville tech company SafetyCulture has announced that it has secured $6.1 million in its oversubscribed Series A round of funding – most of the investors in this round are existing shareholders. The latest round brings the total amount of funds raised by the startup to just under $11 million, with investors including Bill Tai, Blackbird Ventures and Farquhar, who is also a backer of Blackbird.

Other

For Seed Stage Startups, It‘s Hire or Die – Visualizing the Series A Pipeline For 2015

- January 29, 2015 < 1 MIN READ

In 2014 there were 733 Series A rounds raised by U.S. seed stage startups (excluding biotechnology, pharmaceuticals, cleantech and energy startups for this analysis).

The median Series A round size was $5M (average was $7.2M), and the median team size was 15 people at the time the round was announced, suggesting this might be the minimum viable team size for investors targeting a “run the fund” outcome (or at least 3x return). [Source: Mattermark.com]

Profiles

Workible release a new feature, but the real question is – who’s involved in their current Series A round?

- July 11, 2014 2 MIN READ

Last week I wrote about new hospitality focused recruitment tool and community hub Dippla. I talked about how they would face tough competition in the face of well funded startups such as OneShift and Workible. Especially in that hospitality and entry level job market.

I couldn’t have been more correct, as this week Workible confirmed with Startup Daily that they are about to set live a new feature called “shift swap and cover”.