Ledger. Australian venture funding, tracked

Investment Team, OIF Ventures

Geoff Levy

Coverage

Stories naming Geoff Levy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

2 deals

Why Facebook’s co-founder has put $6m into this Aussie start-up

OIF's blog republishes an AFR report: Inspace has banked a $6 million round backed by B Capital and OIF, plans AI features and US growth, while proptech peers :Different and Yabonza have failed.

Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany

2 deals

VC fund defies the downturn, raising $100m in 24 hours

OIF Ventures has closed its third fund at $140m, beating its original $100m target, with founder backers including Peter Lilley and Andrew Barnes; earlier trade sales underpin its strong returns.

Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio·Startup Daily·Startup Daily·Techboard·Startup Daily·SmartCompany·Startup Daily·Techboard·Techboard·Australian FinTech

Unnamed stage US$350m

US growth firm Level Equity buys significant Eftsure stake

OIF Ventures reports New York's Level Equity has bought a large stake in Eftsure, letting the Australian backer sell most of its holding, with the same investor recently in simPRO's huge round.

Also OIF Ventures portfolio

Seed $4m

OIF, Leigh Jasper back virtual inspection play Inspace

Virtual inspection platform Inspace has secured A$4 million in fresh capital, with Our Innovation Fund leading the round alongside Leigh Jasper, Investible and Artesian. OIF partner Geoff Levy joins the board.

Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio

2 deals

Founders tip in cash for upsized OIF

OIF has upsized its second fund's target to $100m from $75m, with $50m committed at an August 2020 first close and $30m more banked by February 2021; $20m deployed across twelve startups so far.

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