Chief Executive, Grow Inc · angel in 1 deal
| Role | Organisation | Sources |
|---|---|---|
| Chief Executive | Grow Inc | Australian FinTech, Dealroom |
Every published round John Banfield 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Earnd | Unnamed stage | 2019 | $2.5m | Participant | Startup Daily, NAB Ventures portfolio |
Companies John Banfield has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Earnd | R&D tax credit consulting and processing services | 2019 | 1 | 0 |
Fund closes reported for John Banfield, as distinct from the investments it has made.
Companies John Banfield has backed that another company then bought. An exit for the holding, not a deal John Banfield did.
Stories naming John Banfield. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
MUFG's pension services arm has signed a binding deed to buy GROW Inc, which provides superannuation administration technology in Australia; completion awaits approvals, the price is undisclosed, and client fund HESTA backs the move.
Also Australian FinTech
Humanforce has bought Wagestream's Australian arm, formerly Earnd, for an undisclosed sum. The article recalls Earnd's 2019 raise, its sale to Greensill, rescue by Wagestream, an A$81m Series C, and Humanforce's earlier acquisitions.