Harry Wilde, Matt Whiting, and Matt O’Halloran

Kiwi procurement software startup banks $2.2 million in pre-Seed round

- May 15, 2023 2 MIN READ

New Zealand procurement startup Cotiss has raised $2.2 million in pre-Seed funding. The round led by Blackbird Ventures, supported by Icehouse Ventures, AfterWork Ventures, Phase One, and Co-Ventures. Cotiss is looking to help small and medium-sized procurement teams with simple, intuitive software that improves efficiency and saves money for organisations in high regulation and compliance industries… Read more »

Sumday, Danny Hoare, Jessica Richmond, Lindsay Ellis

Canva’s Cameron Adams backs Tasmanian carbon accounting startup Sumday in $2 million Seed round

- March 7, 2023 2 MIN READ

Tasmanian accounting software startup Sumday has raised raised $2 million in a pre-Seed round as it looks to expand globally. The raise was backed by VC funds Blackbird and Possible Ventures, as well as Canva cofounder Cameron Adams and Lisa Miller, CEO of Wedgetail Ventures. Sumday gives accountants and bookkeepers the ability deliver non-financial accounting… Read more »

Marcello La Rosa

Salesforce backs Melbourne Uni spinout in $15.8 million Series B

- December 6, 2022 2 MIN READ

A startup spun out of Melbourne University to help companies improve their processes has raised US$10.3 million (A$15.8m) in a Series B. Apromore enables business teams to quickly visualise and analyse their processes to unlock value or identify strategies for transformation or optimisation. The raise was backed by Salesforce and  German software vendor GBTEC, which also… Read more »

Antler Australia

The Antler Investor Memo: Codis is cutting the cost of software development with automation

- September 29, 2022 2 MIN READ

Early stage investment company Antler Australia recently backed 13 startups as part of its ongoing program to build great local tech companies. Over six weeks, Startup Daily will share the details of each venture in the “Antler Investor Memos” series. You can also meet the founders on the Startup Daily show on ausbiz.com.au every Monday… Read more »

Other tech

MYOB’s acquisition spree continues with GreatSoft in its sights

- October 27, 2020 < 1 MIN READ

Private equity-owned accountancy software firm MYOB is ramping up the practice management solutions side of its business with plans to acquire cloud-based software provider, GreatSoft. The move comes after MYOB recent took a majority stake in workforce management software Roubler. The acquisition, now under review by competition regulator the ACCC, will integrate GreatSoft’s cloud-based practice… Read more »


Software developer Axios has built a strata management app to help property owners through covid-19

- June 2, 2020 3 MIN READ

Software that allows strata managers to run meetings with property owners remotely is being rapidly expanded to allow live voting at meetings and AGMs following a spike in demand. South Australian software development company Axios launched its StrataVote platform in 2017 and has so far captured almost 15 per cent of the Australian market with… Read more »


Education software startup Compass raises $60 million

- November 12, 2019 2 MIN READ

Compass Education co-founders John de la Motte and Lucas Filer Melbourne-based schools management platform Compass Education has landed $60 million in its first major raise, with private equity firm Advent Partners taking a minority share in the startup ahead of its international expansion. The school management software platform says it’s now used by more than… Read more »


Why an all-in-one tech vendor can be risky business for startups

- April 17, 2019 3 MIN READ

The classic saying “two heads are better than one” reflects the idea that collaboration is the key to success. In the software technology world, best-of-breed represents this approach, encouraging businesses to have several solutions working closely together to create a better experience for end-users and IT teams, rather than relying on a single-vendor solution.