Ledger. Australian venture funding, tracked

Company

Intercom

Customer support software company with AI agent products

Coverage

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

3 deals

Sierra Raises $950M at $15B, Locking 40% of the Fortune 50 Into Its Agent Platform Before the Labs Go Direct

Analysis of Sierra's $950 million raise at a $15 billion valuation with Tiger Global and GV at the lead, weighing its revenue multiple, Fortune 50 customer lock-in, and competition from OpenAI and Anthropic's ventures.

Series D+ $950m

Bret Taylor's Sierra raises nearly $1 billion months after last capital push

Sierra, the enterprise AI agent firm started by Bret Taylor and Clay Bavor, has banked a $950 million Series E with Tiger Global and Google Ventures at the helm, plus Benchmark, Sequoia and Greenoaks.

Also TechCrunch Australia·aivy.com.au·cmswire.com·theaiworld.org·faq.com.tw·groundy.com

Unnamed stage $505m

💫 Ramplify: April Architect

Rampersand's April newsletter: an essay on AI services startups, model releases from Anthropic and Meta, Firmus Technologies' $505 million raise, Dexibit's sale to accesso, plus portfolio jobs, events and market commentary.

Also Dealroom

5 deals

Four Aussie startups that raised $4.25 million this week

Weekly roundup: Breakthrough Victoria and Monash University co-invest $2.25 million across three university healthtech spinouts, while Blackbird backs Hall, which helps businesses win visibility on AI platforms, with $2 million pre-seed.

Also Startup Daily

Seed US$5m

Investment Notes: Lorikeet US$5M Seed

Square Peg led Lorikeet's US$5 million seed round for its AI customer-support automation platform, joined by Skip Capital and US angel investors, supporting the team's US expansion.

Also Square Peg Capital·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily

Something wrong? Tell us