Funding | Investment

Dynamic Business has a chat to Darren Winterford.

Many people struggle to know if funding is the way to go.

Startup receives major funding.

Every single potential investor you contact wants to see a believable and highly readable business plan that contains a summary, the overview of the team, details about financials and a whole lot more. Many think that funding is going to come fast after the plan is submitted but this is just one of the mistakes […]

Fintech startup Athena Home Loans has raised $15 million in Series A funding from Macquarie Bank, Square Peg Capital and Apex Capital for its cloud-native digital mortgage platform.  Athena, which previously raised $3 million in seed funding from Macquarie, Apex and Rice Warner, was launched in June 2017 by ex-bankers Nathan Walsh (CEO) and Michael […]

B2B Talent mobility platform BenchOn has raised $650,000 in seed capital to meet market demand for its software solution to employee underutilisation, estimated to cost the Australian economy $305 billion each year in lost productivity. [Related: Can ‘For-Profit’ businesses still have a Social Impact? BenchOn’s founder provides answers and Why the startup ecosystem needs more non-technical […]

Homegrown, US-based property tech startup HappyCo has completed a US$10.8 million Series A round led by Sydney’s Alium Capital Management. Australian VC firms Tempus Partners and PieLab Venture Partners also participated in the round along with HappyCo’s existing investors Larsen Ventures and Sandalphon Capital. Founded in Adelaide in 2011, before relocating to San Francisco the following year, […]

Social networking startup Gather Online, which markets itself as ‘Snapchat for groups’, has accepted a $1 million seed investment from Brett Dawson and onboarded the former Dimension Data CEO as the chairman of its board. Based in Sydney, the social discovery and messaging platform boasts 40,000 active daily users and has now raised $2.5 million […]

Fintech startup Xinja has successfully raised more than $2.4 million through crowd-sourced equity funding platform Equitise to close out Australia’s first full retail crowdfunding offer. The fintech startup, which is seeking to become Australia’s first ‘neobank’ (a bank sitting purely on a digital and mobile platform), sought to raise between $500,000 and $3 million through […]

The brains behind QPay, a payments app for uni students, have secured $570,000 in funding to challenge banks for the millennial market. Provided to QPay by high-profile investors including Sydney Angels and the Sydney Angels Sidecar Fund 2, the funding will enable the startup to release a student-targeted QPay MasterCard. According to QPay CTO and […]

When running a business, it is more than likely that at some point you will need a loan. This may be a short-term solution to cash-flow, a means to buy new equipment, to fund the expansion of your business or to break into new markets, or to refurbish parts of your business. Business loans are […]

Space tech startup Myriota, the 2017 Telstra South Australian New Business Award winner, has closed a US$15 million Series A funding round. [Related: SMBs must leverage new technology and take cues from successful leaders to thrive today and “Rocket science is no easy feat”: Fleet’s CEO on paving the way for space startups in Australia] The round was […]

Artificial intelligence startup Daisee has raised $8.8 million in a Series A funding round led by Alium Capital. Speaking with Dynamic Business, co-founder and CEO Richard Kimber explained the investment would support Daisee’s efforts to ‘democratise’ AI and combat Australia’s ‘brain drain’. Launched in August 2017, Daisee leverages AI research from within Australia’s university ecosystem […]

Cloud-based HR, payroll and benefits platform Employment Hero have raised $8 million during a Series B funding round co-led by employment marketplace SEEK and OneVentures, with contributions from AirTree Ventures and AMP. The capital injection, which will be used to roll out new products and services, follows on from Employment Hero’s oversubscribed $4.5 million Series A round, […]

Sydney-based technology company Ansarada has raised $24 million in Series A funding to meet surging demand for its AI-powered ‘business readiness’ platform, accelerate the rollout of new products, and facilitate further global expansion. Founded in 2005, Ansarada harnesses data as well as AI and machine learning tools to assist advisors and investors to identify prospects, […]

Real estate agent comparison service LocalAgentFinder has closed an oversubscribed funding round, having not only raised $5.5 million from investors but achieved a pre-money valuation of more than $60 million. The round was led by Scaleup Mediafund, which is owned and supported by News Corp Australia, Network Ten, Nova Entertainment, and Fox Sports Australia, together with […]

Online pet care marketplace Mad Paws has secured $5 million in Series A funding, with ‘super-fast, sustainable growth’ over the past year cited by CEO Alexis Soulopoulos as a key reason why his ‘Airbnb for pets’ is in demand amongst investors. Launched in November 2014 by Soulopoulos and his co-founders Jan Pacas, Rolf Weber, Justus […]

The world’s largest suit manufacturer, Dayang Group, has injected $3 million into Institchu and become a production partner to the Sydney-based menswear startup in exchange for a minority stake in its operations.   Founded in 2012 by co-CEOs James Wakefield and Robin McGowan, Institchu is an online provider of custom and tailored made suits and […]

Peer-to-peer car sharing platform Car Next Door has completed an oversubscribed Series B funding round with a $5 million capital injection. [Related: Share a ride with Car Next Door’s Will and Dave: the duo challenging car ownership, Car Next Door seeking to double funding to accelerate roll-out of its sharing platform and Car Next Door secures $2.3m in […]

Data analytics and IoT startup Nuonic has received a strategic investment from KPMG Australia, bringing its total capital raise to $1.3 million to date. In entering a strategic partnership with Nuonic, KPMG joins a roster of shareholders that includes the startup’s founders Sebastian Jezierski (CEO) and Derek Hooper (COO) as well as Sydney-based fintech company […]