Investor · 1 deal
Every published round Southern Cross Austereo 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 |
|---|---|---|---|---|---|---|
| SourseAI | Unnamed stage | 21 Jul 2021 | $1.5m | Participant | Startup Daily, globalawards.news, radiotoday.com.au, sourse.ai |
Companies Southern Cross Austereo has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| SourseAI | 21 Jul 2021 | 1 | 0 |
Fund closes reported for Southern Cross Austereo, as distinct from the investments it has made.
Companies Southern Cross Austereo has backed that another company then bought. An exit for the holding, not a deal Southern Cross Austereo did.
| Name | Role | Sources |
|---|---|---|
| Chris Johnson | Head of Digital and Innovation | globalawards.news, radiotoday.com.au, sourse.ai |
| Heith Mackay-Cruise | Executive Chairman (former) | Sandon Capital |
| Rohan Lund | Chief Executive | Sandon Capital |
| Teresa Dyson | Chair | Sandon Capital |
Stories naming Southern Cross Austereo. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Shareholder Sandon Capital's board spill succeeds: Southern Cross Austereo's chair resigns and Teresa Dyson takes over, restoring Kerry Stokes' former Seven West Media allies months after the two companies merged.
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.
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SourseAI has promoted Tanya Hyams-Young from product chief to chief executive, with Matt Jones shifting to a revenue role while keeping his director seat, as the founding team turns to European growth.
SourseAI, an AI decision-support startup, announced a $1.5 million raise with Aligned Equity leading and broadcaster Southern Cross Austereo investing; the capital will scale its platform deployed across SCA's audio services.