Startup · $40m raised
In-store audio network technology
Dallas, OS
Every investor coverage indicates participated in a round QSIC raised.
| Investor | Rounds | Invested |
|---|---|---|
| Hedosophia | Series B | - |
Investors whose own portfolio pages list QSIC, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Side Stage Ventures | its portfolio page ↗ |
| Ten13 | its portfolio page ↗ |
Companies QSIC 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 |
|---|---|---|
| Matt Allen | Chairman (former) | Startup News (WA) |
| Matt Elsley | Co-founder and CEO | SmartCompany (31 Jan 2025), SmartCompany (30 Jan 2025) |
Stories naming QSIC. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Ten13's monthly newsletter reports its first institutional mandate via Queensland's QVCDF, new seed investments in OneMRI and Source, follow-ons in Arintra and Everlab, and portfolio progress including Go1, Qsic, Pearler and After.com.
In-store audio advertising firm Qsic, founded in Melbourne and now Dallas-based, has secured US$25 million in a Hedosophia-led Series B, after a $4 million Carthona Capital-led Series A in 2021.
Roundup of six Australian and New Zealand startup raises totalling $63.5 million, covering in-store audio, EV charging, respiratory biotech, health AI, gig-economy fintech, and inclusive social media ventures.
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Qsic, which puts audio advertising inside retail stores, has landed a Series B investment headed by Hedosophia, lifting its total backing to $50.5 million as it grows its North American speaker footprint.
TEN13's investor letter celebrates passing $100 million deployed, plus fresh backing for iion and Switchboard, team promotions, AutoGrab's overseas growth and NZ-arm sale, and the Mr Yum–Me&U merger.
TEN13 announces Joel Pobar, an Anthropic engineering leader formerly at Meta, as its first Venture Partner, reinforcing the firm's AI investing focus; its early bets include Rockfish Data, Arintra and Qsic.
Linktree's co-founders have launched Side Stage Ventures, a collective investing in very young creative-tech companies; it has already backed several startups, and associate Ben Grabiner's music platform Platoon was bought by Apple.
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