Company
Every published round Hey You took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Hey You has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Hey You, as distinct from the investments it has made.
Companies Hey You has backed that another company then bought. An exit for the holding, not a deal Hey You did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Hey You is recorded as having been acquired. | ||||
Companies Hey You acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Drive Yello | Merger | 20 Dec 2022 | - | Startup Daily (20 Dec 2022), Startup Daily (1 Dec 2022) |
| Name | Role | Sources |
|---|---|---|
| Adam Theobald | Founder | Startup Daily (1 Dec 2022), Startup Daily (9 Nov 2022) |
| Peter Hammond | Chair | Startup Daily |
Stories naming Hey You. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Scaleup Mediafund swapped ad space for equity in Finder and ASX-listed insurer NobleOak, the latter worth $1.5m, among six investments from its third fund backed by major media companies.
Scaleup Mediafund's $15 million third fund has made its first two investments, backing Hawke's Brewing and Bare with roughly $1 million in advertising apiece; oOh!media joined as an investor.
Ignition Lane's year-end review of 2022 tech news: shifting VC sentiment, record Australian fund raises, grocery delivery failures and shutdowns, local M&A, crypto fallout, awards, and global stories from Twitter to ChatGPT.
Also AgFunderNews
Sydney courier firm Drive Yello and cafe ordering app Hey You have combined as 4You Innovation, aiming to raise funds next year; the piece also recalls past raises and recent collapses among delivery startups.
Also Startup Daily
Hospitality ordering platform Ordermentum, cofounded by Adam Theobald, raised $6.2 million in July, with earlier raises in 2017 and 2021 and a secondary stake sale by RoZetta also recounted.