Startup · $2.4m raised
Financial layer for ad spend, offering embedded lending, spend cards and bill pay
Brisbane, QLD
Every investor coverage indicates participated in a round Flyweel raised.
| Investor | Rounds | Invested |
|---|---|---|
| Ten13 | Pre-seed | - |
| QIC Ventures | Pre-seed | - |
| Matt Leibowitz | Pre-seed | - |
| Larry Diamond | Pre-seed | - |
| Koen Köppen | Pre-seed | - |
| Antler Australia | Pre-seed | - |
Companies Flyweel 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 |
|---|---|---|
| Matteo Calo | Founder | Startup Daily, Australian FinTech, Dealroom, Antler Australia |
| Mike Abbott | Partner | Startup Daily |
| Reuben Scheckter | CEO · Founder | Startup Daily, Australian FinTech, Dealroom |
| Stew Glynn | Founder | Startup Daily |
Stories naming Flyweel. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Ten13's post explains why it led Flyweel's pre-seed round with QIC, Antler and angel investors, backing a platform bringing real-time financial visibility and funding to advertising spend.
Flyweel, a Queensland fintech for financing and managing ad spend, has banked $2.41 million in a pre-seed round Ten13 led, with Antler, QIC and several founder-angels aboard; a US launch comes first.
Queensland fintech Flyweel has closed a pre-seed round led by Ten13, with Antler, QIC and several fintech founders and executives backing, to help businesses fund advertising ahead of revenue.
Antler Australia opens applications for its eight-week residency, profiling recent founders Matteo Calo of Flyweel and Jeff Quach of Indi and detailing its investment offer and ARC follow-on structure.