Ten Aussie startups that raised $39 million this week
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
COO, Outstaffer · angel in 1 deal
| Role | Organisation | Sources |
|---|---|---|
| COO | Outstaffer | outstaffer.com |
| COO (former) | Listing Loop | SmartCompany, Startup Daily |
Every published round Michael Locaso 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 |
|---|---|---|---|---|---|---|
| Outstaffer | Unnamed stage | 25 Oct 2023 | $1.5m | Lead | SmartCompany, Startup Daily, Beachhead Venture Capital portfolio, Beachhead Venture Capital portfolio |
Companies Michael Locaso has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Outstaffer | 25 Oct 2023 | 1 | 1 |
Fund closes reported for Michael Locaso, as distinct from the investments it has made.
Companies Michael Locaso has backed that another company then bought. An exit for the holding, not a deal Michael Locaso did.
Stories naming Michael Locaso. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Outstaffer, a Victorian HR tech platform, has secured $1.5 million from outside investors in a round co-led by its chief operating officer, funding product development and a planned US expansion.
Also SmartCompany
Outstaffer announced a $1.5 million strategic round to grow its global hiring platform, with Utiliti Ventures, 1in100 Ventures and Side Stage Ventures leading and several other Australian investors taking part.