Featured
Online small business loan provider Prospa has become the first fintech company to win Telstra’s NSW Medium Business Award, with co-CEO Beau Bertoli stating that the accolade shows fintech is “no longer just some startup idea”. Bertoli, who founded Prospa with Greg Moshal in 2011, spoke to Dynamic Business about the five-year-old company’s victory at […]
Ahead of travelling to the US in September to kick off its Series A funding round, Melbourne-based startup Brauz has closed its second seed round with $1m to get its personalised retail app to market. Founder and CEO Lee Hardham gave Dynamic Business a progress report on the Brauz app, which had its beta launch […]
The engineers behind rapid-growth mattress startup Sleeping Duck dived into the Shark Tank this week, but surfaced without a deal, after knocking back offers, worth half a million, from both Andrew Banks and Steve Baxter. As they told Dynamic Business, the ‘deal breaker’ wasn’t the equity each shark demanded; rather, they weren’t convinced either could […]
Today’s startup culture is faster paced than ever, and CIOs play a crucial role in keeping the company on an even keel. It isn’t just about aligning the company’s technology strategy with its business strategy anymore. Any CIO worth their salt needs to be bringing innovative ideas to the table and actively engaging with stakeholders […]
Online consulting marketplace, Expert360, has closed a $13m Series B investment round, bringing its total funding to $21 million. The round was led AirTree Ventures, with Daniel Petre – the VC fund’s co-founder – joining the board of Expert360. Existing investors include Frontier Ventures and former Macquarie Chief Allan Moss. Founded in July 2013, Expert360 is […]
Sydney-based startups EFTsure and Assignar have secured a combined $5 million in Series A capital, this month, from Our Innovation Fund (OIF), a new VC firm building a $50m portfolio of early-stage tech businesses. Founded in late 2016 by investors Geoff Levy, David Shein and Jerry Stesel, OIF is – Levy told Dynamic Business – a […]
MadeComfy, a Sydney-based startup helping property owners tap into the shared accommodation market, has attracted $1.1 million in funding from a quintet of investors including LinkedIn (ANZ & SEA) MD Cliff Rosenberg. The other four investors are Amaysim co-founders Rolf Hansen and Peter O’Connell, Investec Australia MD Hein Vogel and Airtasker investor/advisor Manfred Hasseler, with […]
Despite being in the online job market for just one-tenth the time of SEEK, Found has begun nipping at the heels of the incumbent platform. Established by Andrew Joyce and Peter Marchiori in April 2015, the Sydney-based start-up has attracted a total of $4.5 million in funding for its mobile platform, most recently closing a […]
Having recently graduated from leading US fintech program, Envestnet Yodlee Incubator, Melbourne-based start-up Finch has today launched its first offering to the Australian market – a social payment app that gives millennials a clearer picture of their spending habits. Shahirah Gardner, who co-founded Finch with her husband Toby Gardner and their friend Eric Kuhn in […]
Award-winning app developer Buzinga has been placed into liquidation, this month, because it was reportedly unable to sustain costs it had incurred to fuel continued growth. The Melbourne-based start-up had averaged 30% year-on-year growth, employed around thirty people and developed several chart-topping apps, including FoodSwitch. In addition to securing Gold wins at the Australian […]
When it first launched, NZ start-up Invert Robotics had a “solution in search of a market”. Today, it’s enjoying significant year-on-year growth, having adapted it robotics technology for use by multiple industries across multiple countries Founded out of New Zealand’s University of Canterbury in 2011, Invert Robotics employs robots which are capable of climbing various surfaces, […]
When I decided to start my own accountancy business ten years ago, my ambitions were modest. Like many female entrepreneurs, I felt torn between my intense work commitments and a growing family, and I wanted more control and a more balanced lifestyle. [Editor’s note: This is the first in an ongoing series, by serial entrepreneur Tanya […]
One of the things we need to contend with as game developers is the idea among those outside the industry that what we produce is nothing more than frivolous entertainment. This is quite clearly the implication of the Federal Government policy towards the games industry, where we’re not provided support nor funding on any level, […]
In the course of developing technology to generate efficiencies in their own ‘fragmented” sector, the co-CEOs of Scooter Tutor, Cameron Schmidt and Sam Robertson, have been helping organisations from other industries to better manage remote workforces and customer service. Scooter Tutor is a software-driven tutoring organisation that enables the parents of primary and secondary students […]
The use of chatbots in mobile messaging will inevitably ‘usurp’ call centres as the norm in customer care but businesses must take care not to overstate the capabilities of their bots, according to Steven Fitzjohn, the regional vice president (APAC) at LivePerson. To better understand attitudes towards the use of chatbots in customer care, the […]
When can a startup rightly call itself scaleup and what value do scaleups and corporates derive from partnering with one another? Trent Bagnall, the co-founder of corporate accelerator Slingshot, provided Dynamic Business with answers. Bagnall said Slingshot doesn’t rely on the official OECD definition of scaleup, which is essentially a company with year-on-year growth of […]
Supporting female entrepreneurs means physically breaking the glass ceiling with a jackhammer, not just talking about it, writes Christie Whitehill, founder of the Tech Ready Program. Female entrepreneurs are fighting back. Over the last 10 years and more, the global economy combined with the progress of technology has fostered an extremely healthy environment for entrepreneurs […]
Despite operating in an era where data-driven strategies are the norm, the founders of rapid growth start-up Pet Circle have come to realise that trusting one’s instincts can often lead to better results. Launched in 2011 under the name ‘Paws for Life’, Pet Circle (as it is known today) is the brainchild of Michael […]
To encourage employers to harness the skills of Australia’s ageing population, the Federal Government is providing a financial incentive to employers who engage and retain mature-age workers. Available through jobactive – the Federal Government’s $6.8 billion job placement program – the Restart wage subsidy entitles an employer to up to $10,000 for hiring eligible workers […]
When starting out in business, there are a million and one things to think about. One that can often get overlooked is the protection of designs. It is essential to have protection on all business designs, and it’s something that businesses often don’t think about until it’s far too late. I learnt this the hard […]
