Investment Notes: Vinyl
Tidal Ventures sets out why it led the seed investment in Vinyl, whose software turns accounting firms' client conversations into structured insights, profiling the market, product plans, and founding team.
Company
Sydney, NSW
Every investor coverage indicates participated in a round KeyPay raised.
The transaction that ended KeyPay's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Employment Hero | Acquisition | 16 Feb 2022 | - | employmenthero.com, Startup Daily, SmartCompany, TechCrunch Australia, Tech Funding News - Australia |
Companies KeyPay 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 |
|---|---|---|
| Kristian Reynolds | Founder | TechCrunch Australia, Tech Funding News - Australia |
| Paul Duran | Chief Technology Officer · Founder | Startup Daily, TechCrunch Australia, Tech Funding News - Australia |
| Phil Bernie | Managing Director · Founder | Startup Daily, TechCrunch Australia, Tech Funding News - Australia |
| Richard McLean | Founder | Tidal Ventures, TechCrunch Australia, Tech Funding News - Australia |
Stories naming KeyPay. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Tidal Ventures sets out why it led the seed investment in Vinyl, whose software turns accounting firms' client conversations into structured insights, profiling the market, product plans, and founding team.
HR software firm Employment Hero announced a large funding round reaching unicorn status in Australian dollars, and separately bought payroll company KeyPay, whose founders will stay on in leadership roles.
Employment Hero raised £96 million led by SEEK Investments, reaching unicorn valuation, and acquired payroll firm KeyPay, whose founders stay on as the combined business targets UK growth.
Also TechCrunch Australia·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·employmenthero.com