Energy grid digital twin platform Neara turns unicorn with $90 million Series D
Australian grid-modelling startup Neara raised a $90 million Series D led by TCV, valuing the company above $1 billion, funding ML and expansion.
Startup · $100m raised
Another Australian company backed by TCV
Sydney, NSW
Every investor coverage indicates participated in a round Siteminder raised.
| Investor | Rounds | Invested |
|---|---|---|
| AustralianSuper | Unnamed stage | - |
| BlackRock | Unnamed stage | - |
Investors whose own portfolio pages list Siteminder, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Five V Capital | its portfolio page ↗ |
| Grand Prix Capital | its portfolio page ↗ |
Companies Siteminder 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 |
|---|---|---|
| Ajain Vivek Thankaswamy | Product Builder (former) | Startup Daily (9 Jul 2025), Startup Daily (6 May 2024) |
| Daniel Kimber | Product Builder (former) | Startup Daily (9 Jul 2025), Forbes Australia, Startup Daily (6 May 2024) |
| Mike Ford | Chairman · Founder | SmartCompany (1 Dec 2022), Startup Daily (5 Jul 2022), retailbiz.com.au, alkye.com, SmartCompany (4 May 2022), SmartCompany (4 May 2022), Startup Daily (3 May 2022), SmartCompany (3 Dec 2021) |
| Sankar Narayan | CEO | Startup Daily |
| Tim Howard | Chief Financial Officer | Startup Daily |
| Trent Innes | Chief Growth Officer | Startup Daily |
Stories naming Siteminder. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian grid-modelling startup Neara raised a $90 million Series D led by TCV, valuing the company above $1 billion, funding ML and expansion.
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