Three Australian startups that landed over $22 million this week
A weekly roundup reporting three Australian startups that raised funds: Cauldron's seed round, Lumiant's seed extension, and FLAIM Systems' Series A, each with lead investors named.
Investor · 1 deal
Every published round Savant Wealth Management 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.
Companies Savant Wealth Management has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Lumiant | Helps financial advisors provide better advice to clients | Mar 2023, Seed | 1 | 1 |
Fund closes reported for Savant Wealth Management, as distinct from the investments it has made.
Companies Savant Wealth Management has backed that another company then bought. An exit for the holding, not a deal Savant Wealth Management did.
| Name | Role | Sources |
|---|---|---|
| Brent Brodeski | CEO | Australian FinTech |
Stories naming Savant Wealth Management. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A weekly roundup reporting three Australian startups that raised funds: Cauldron's seed round, Lumiant's seed extension, and FLAIM Systems' Series A, each with lead investors named.
Sydney-founded advice platform Lumiant has received a $3 million investment from US wealth manager Savant Wealth Management, its first US customer, to fund American expansion; Savant's CEO joins Lumiant's board.