seed round Archives

Hypnosis app medtech raises $6.5 million to tackle menopause, depression and even chronic pain

Simon Thomsen - June 28, 2021 3 MIN READ

A Melbourne medtech building hypnosis-based therapeutic apps to help people self-manage a range of illnesses has raised a US$5 million (A$6.5m) seed round. San Francisco angel investor and startup founder James Beshara led the round for Y Combinator-backed Mindset Health joined by Giant Leap, Banana Capital, Fifty Years, and several angel investors. Mindset Health partners with health… Read more »

Honey Insurance, David Carter, Richard Joffe, Peter Tonagh.

Funding

BNPL founders pile into record $15.5 million seed round for insurtech startup Honey

Simon Thomsen - June 17, 2021 2 MIN READ

The founders of rival BNPL companies Zip and Afterpay have piled into a record $15.5 million seed round for a 10-month insurance company designed for the smart home era. The seed investment for Honey Insurance was led by an impressive list of institutional investors: RACQ, which is underwriting the challenger brand; property settlement platform PEXA,… Read more »

Funding

Software management startup Hudled raises $640,000 seed round

Simon Thomsen - March 15, 2021 2 MIN READ

Software startup Hudled, which has designed dashboard for growing companies to track and optimise their software stack, has raised $640,000 in a seed round as it officially launches the product and looks to expand into the US. The raise was backed by Black Nova Group, Antler and Sydney Angels, as well as several high profile… Read more »

Funding

Mortgage broker fintech Effi raises $1.2 million seed round

Simon Thomsen - February 15, 2021 2 MIN READ

Fintech startup Effi has raised $1.2 million in seed funding as part of its push to become Australia’s leading mortgage broker platform. The round was led by Australian seed investment group Investible, US-based Hustle Fund and several mortgage industry leaders and brokers. Mandeep Sodhi, founder and CEO of the AI-powered company said he’s now looking to… Read more »

Funding

Kiwi workplace management startup Multitudes lands $2.2 million seed round

Simon Thomsen - December 10, 2020 2 MIN READ

Multitudes, a software platform to manage and improve culture and performance, has raised NZ$2.4 million (AU$2.2m) in a seed round to build their beta product. Blackbird Ventures led the oversubscribed round alongside former Reddit CEO Ellen Pao, and Culture Amp co-founder Jon Williams. Multitudes uses workplace data to give managers insights and coaching to create… Read more »

Funding

Steve Baxter’s TEN13 backed a $1.6m seed round in a book-keeping startup set to be the next Xero

Simon Thomsen - November 4, 2020 2 MIN READ

Freelancer and solo entrepreneur accounting platform Bookipi has raised $1.6 million in a seed round co-led by Sydney VC Our Innovation Fund and Steve Baxter’s investment syndicate TEN13. Bookipi, founded in 2017, is targeting the freelancer and micro SME sector with its book-keeping platform and already has a user base of more than 640,000 customers… Read more »

Topic

AI-based engineering startup VAPAR, founded by two women, just raised $700,000 in seed funding

Simon Thomsen - July 6, 2020 2 MIN READ

Engineering startup VAPAR, which utilises artificial intelligence (AI) and machine learning (ML) to check the condition of stormwater and sewerage pipelines, has raised AU$700,000 in seed funding led by Blackbird Ventures and Startmate, as well as angel investors. CEO Amanda Siqueira and CTO Michelle Aguilar, both engineering graduates from the University of Technology, Sydney, co-founded their… Read more »

Topic

Investment group Sydney Angels just gave 3 startups a $2.4 million boost

Simon Thomsen - May 26, 2020 2 MIN READ

Sydney Angels, the 100-plus member investment group backing early stage startups, has sent a strong signal to founders with good ideas, announcing $2.4 million in total investment across three tech startups. The three ventures are: Trendspek, a Sydney software ventures that converts drone footage of critical infrastructure that’s difficult to inspect for maintenance, such as… Read more »

Topic

Steve Baxter just tipped $1 million into a Brisbane startup he’s calling ‘Canva for video’

Simon Thomsen - May 13, 2019 2 MIN READ

It’s a startup with the potential to turn into unicorn, according to one of the country’s highest profile investors, Steve Baxter, who’s just led a $1 million seed round in Brisbane video platform Clipchamp, with the former Shark Tank shark declaring it “Canva for video”. Canva, the Sydney graphic design startup founded by Mel Perkins… Read more »