Leigh Jasper leads a new $50 million fund backed by Australian unicorn founders
Glitch Capital, a new $50m vehicle led by Leigh Jasper and backed by exited unicorn founders, has completed its first deal, backing Melbourne edtech firm Cadmus.
Company
Melbourne, VIC
Every investor coverage indicates participated in a round Payapps raised.
Investors whose own portfolio pages list Payapps, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Glitch Capital | its portfolio page ↗ |
The transaction that ended Payapps'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 |
|---|---|---|---|---|
| Autodesk | Acquisition | 31 Jan 2024 | - | Australian FinTech, innovationvictoria.com |
Companies Payapps 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 |
|---|---|---|
| Geoff Tarrant | Co-founder and Executive Chair (former) | Startup Daily, SmartCompany, Australian FinTech, innovationvictoria.com |
| Geoff Tarrant | Chairman | Tech Funding News - Australia |
Stories naming Payapps. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Glitch Capital, a new $50m vehicle led by Leigh Jasper and backed by exited unicorn founders, has completed its first deal, backing Melbourne edtech firm Cadmus.
Weekly funding roundup covering eight local companies that together banked $80m, topped by twin $17m Series Bs at Safewill and Fresho, plus Celosia's $16.75m Series A and five smaller rounds.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·LaunchVic
Australian construction software firm Payapps secured a £10.5m package from CIBC Innovation Banking to bankroll its purchase of UK-based WebContractor, adding subcontractor payment tools as it expands across Britain and Ireland.
Innovation Victoria launches, merging Breakthrough Victoria and LaunchVic; Geoff Tarrant chairs the board, Monique Conheady deputises and Rod Bristow is CEO; Tarrant co-founded Payapps, bought by Autodesk in 2024.
Also Australian FinTech