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.
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.
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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.