Startup · $34.8m raised
Sydney, NSW
Programs: x15ventures (Xccelerate)
Every investor coverage indicates participated in a round OwnHome raised.
| Investor | Rounds | Invested |
|---|---|---|
| Afterwork | Series A | - |
| Afterwork Ventures | Series A · Seed | - |
| Commonwealth Bank | Series A · Accelerator | $150,000 |
| Commonwealth Bank of Australia | Series A · Accelerator | - |
| Entree Capital | Series A | - |
| Entrée Capital | Series A · Seed | - |
| GFC | Series A | - |
| Global Founders Capital | Series A · Seed | - |
| NAB Ventures | Series A | - |
| Possible Ventures | Series A · Seed | - |
| Square Peg Capital | Series A | - |
| x15 Ventures | Series A · Accelerator | - |
| x15ventures | Accelerator | $150,000 |
Companies OwnHome 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 |
|---|---|---|
| James Bowe | Co-CEO · Founder | Square Peg Capital, Afterwork Ventures portfolio |
| Janez (John) Debevec | Head of Capital Markets | Australian FinTech |
| Keri Clarke | Head of Partnerships | Afterwork Ventures portfolio |
| Tim Harley | Co-CEO · Founder | Square Peg Capital, Afterwork Ventures portfolio |
Stories naming OwnHome. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
OwnHome has secured a $31 million Series A, with Square Peg Capital leading and Commonwealth Bank joining, as returning backers double down on its low-deposit route into home ownership.
Paytron won x15ventures' Xccelerate 2022, receiving a $250,000 SAFE note plus access to CBA's ecosystem. The piece recalls its earlier $4.35 million seed round backed by Carthona Capital and Picus Capital.
Australian fintech OwnHome, backed by CommBank, has officially launched its deposit-gap homebuying service in Brisbane after a beta trial, with co-founder James Bowe announcing the expansion.
OwnHome hires Janez Debevec as Head of Capital Markets to expand its debt and financial management capabilities, with co-founder James Bowe welcoming the structured finance veteran.
The co-founders of Sydney venture firm AfterWork Ventures have been recognised on the Forbes Asia young leaders list, alongside other regional founders and investors; the firm earlier reached a $10 million first close on its fund.
Techboard's monthly roundup reports February 2022 raises including Scalapay's A$692m Series B, Employment Hero's $181m and Karbon's $93m, My Rewards' ASX listing, and investor deal notes on OwnHome, Kepler Analytics and Blakthumb.
Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.
Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Rent-to-own property fintech OwnHome raised a $31 million Series A led by Square Peg, with existing backers participating, after previously winning X15's Xccelerate2020 program and $150,000 in funding.
Also businesstories.com
AfterWork Ventures explains why it joined OwnHome's July pre-seed round, profiling the rent-to-buy startup's founders, its debt facility, customer traction, and the housing affordability problem it tackles.
Also Australian FinTech