Five ANZ startups that raised $36.4 million this week
A weekly roundup detailing five raises across Australia and New Zealand: Marmalade, Cauldron, Prophet, Hola Health and Buddy, naming amounts, lead backers and founders.
Investor · 1 deal
Every published round Paloma 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 |
|---|---|---|---|---|---|---|
| Sherlok | Unnamed stage | 2 Jul 2023 | $3.4m | Participant | SmartCompany (5 Jul 2023), Startup Daily, SmartCompany (30 Jun 2023), SmartCompany (29 Jun 2023), Rampersand portfolio |
Companies Paloma has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Sherlok | 2 Jul 2023 | 1 | 0 |
Fund closes reported for Paloma, as distinct from the investments it has made.
Companies Paloma has backed that another company then bought. An exit for the holding, not a deal Paloma did.
Stories naming Paloma. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A weekly roundup detailing five raises across Australia and New Zealand: Marmalade, Cauldron, Prophet, Hola Health and Buddy, naming amounts, lead backers and founders.
Weekly roundup of five Australian startups announcing raises: Stacked Farm, Sherlok, Readiitel's Readii, Nullify and Baresop, together bringing in $46.9 million from local investors.
Also SmartCompany
Adelaide fintech Sherlok has raised $3.4 million led by Rampersand to expand its AI platform that helps brokers refinance clients' mortgages in one click using open banking data.