Melbourne HR tech business Culture Amp raised US$82 million (AU$121m) in Series E to value the business at US$700 million – more than AU$1 billion. It’s the third Australian startup this year to reach the magic $1 billion valuation – “unicorn” status – after Judo Bank and Airwallex, in the second biggest tech… Read more »
Challenger business bank Judo Bank has shot to the top of LinkedIn’s list of the 25 best Australian startups to work for on debut, beating Sydney design unicorn Canva. It’s just the second time the professional services website has compiled the list, based on data it collects from users. To qualify, a startup has to… Read more »
Ian Gardiner has been working with the Australian startup ecosystem for more than 15 years co-founder of Innovation Bay, helping entrepreneurs network, raise capital and collaborate. But even the startup veteran admits that despite the millions raised in seed funding and the thousands of entrepreneurs he’s met and worked with over that time, little was… Read more »
Scott Millar was 14 and a year 9 high school student in Queensland when he launched his first company, BOP (Buy Our Product) Industries, in 2014, producing laser-cut hashtag keyrings he sold at local markets before going on to produce hologram displays. The teen entrepreneur recently spent 90 seconds sharing his advice to young… Read more »
Atlassian co-founders and co-CEOs Mike Cannon-Brooke and Scott Farquhar. Australian software giant Atlassian will give staff a day’s paid leave later this month if they want to take part in a global climate strike being organised by student activists. Mike Cannon-Brookes, the Nasdaq-listed startup’s co-founder and co-CEO has also enlisted the company’s famed motto: “Don’t… Read more »
Parkable CEO, Toby Littin, and Spark Future of Connectivity Lead, Renee Mataparae Auckland-based parking app Parkable has raised NZ$4.6 million in a Series A round, valuing the business at NZ$36 million. The raise was led by Kiwi telco Spark, with some prominent local investors joining for the first time, including Trade Me co-founder Rowan Simpson,… Read more »
Sunday, September 1 is Father’s Day, so break out the tongs, fire up the BBQ and hand dad a beer, give him a hug and say thanks. To mark the occasion, we asked CEOs and founders for the best advice they received from their fathers. Here’s what they said: Michelle Gallaher CEO of ShareRoot… Read more »
Ask any founder about the challenges they face launching a startup and many will say one of the biggest is attracting seed capital. Zambesi co-founder Rebekah Campbell says one reason is that in those early days, the founders themselves are often still not sure if their idea will work, making it even more difficult to… Read more »
The country’s largest startup coworking nextwork, Fishburners, has begun its regional rollout, launching in Coffs Harbour – home of the Big Banana – on the NSW mid-north coast. The Fishburners presence is virtual in a partnership with the local council entity 6 Degrees. The Coffs Harbour hub gives local founders the same benefits as physical… Read more »
The 2020 Australian Computer Society’s indigenous IT student scholarship has been awarded to Warren Faulkner from the Northern Territory. The $5,000 ACS scholarship supports and showcases Indigenous achievement in information technology studies. Faulkner began a Bachelor of Information Technology course at Charles Darwin University in 2017 after 24 years in the tech industry, including… Read more »
Prospa co-founders Greg Moshal and Beau Bertoli FY19 loan originations of AU$501.7 million, up 36.6% on FY18 Revenue of $136.4 million up 31.2% on the prior year FY19 pro forma EBITDA of $6.8 million, beats prospectus forecast by 11.5%. Total customers numbers in Australia and NZ top 20,000, up 58% YoY. NPAT loss of… Read more »
Intelledox co-founders Phillip Williamson and Michelle Melbourne. Photo: supplied If you’ve ever completed an online application form, chances are you’re already familiar with Intelledox. The Canberra-based venture was a pioneer in business process automation and has remained a market leader entrepreneur, Michelle Melbourne, and her husband Phillip Williamson, founded the tech startup in 1991. Their… Read more »
Bill Grierson is the best-known startup investor you’ve never heard of, although last year he was recognised as the country’s most active angel investor in Techboard’s Australian Angel Awards. Grierson earned the accolade with 22 investments in 16 companies in 2018. Four were new deal investments, with the remainder follow-ons. Over the past five years,… Read more »
• FY19 global underlying sales increased 140% to $5.2 billion • Active customers of 4.6 million at end of FY19, up 130% • The company currently gains 12,500 new customers daily • Active merchants of 32,300 at end of FY19, up 101%. • US underlying sales of nearly $1 billion in FY19. • More… Read more »
The Asia Pacific’s largest agrifood tech event, evokeAG, is coming to Melbourne next February and lifting its startups game with four agrifood tech startups being given the chance to will pitch directly to an invitation-only investor dinner, alongside room for 40 startups to showcase their wares. evokeAG, 18-19 February, 2020, at Melbourne’s Royal Exhibition… Read more »
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