Startup · $7.5m raised
Fast-growing Australian tech company backed by Skalata
Brisbane, QLD
Every investor coverage indicates participated in a round Explorate raised.
| Investor | Rounds | Invested |
|---|---|---|
| EVP | undisclosed | - |
| Leigh Jasper | undisclosed | - |
Investors whose own portfolio pages list Explorate, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Cardinia Ventures | its portfolio page ↗ |
Companies Explorate acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Alex Ewart | Founder | Skalata Ventures, Online Brands Group portfolio |
| Conor Hagan | Founder | Skalata Ventures, Online Brands Group portfolio |
Stories naming Explorate. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Skalata Ventures, the seed fund and founder-training program led by Paul Little and Rohan Workman, is raising a second vehicle plus growth capital, reporting 30 investments and a 44 per cent IRR.
Profile of Skalata Ventures' Rohan Workman and Maxine Lee recounting the firm's founding, pandemic-era restructuring, $7 million raise, second fund deployment, and backing of Flux, Explorate and Preezie.
Also Startup Daily
Skalata Ventures uses its recent accolade as Australia's busiest early-stage investor to pitch founders on its hands-on, seed-specialist approach, arguing most VCs overpromise support and underdeliver.
Skalata's rebrand announcement explains its shift to year-round seed investing, wider cheque sizes and follow-on plans, recaps team hires including a Venture Partner and three associates, and notes portfolio companies' Series A raises.
Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.
Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Brisbane logistics software startup Explorate, started in 2016 by Conor Hagan and Alex Ewart, has raised $7.5 million as it aims to grow into a major freight technology player like WiseTech.