Company · Software
Every published round Spotify 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 Spotify has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Spotify, as distinct from the investments it has made.
Companies Spotify has backed that another company then bought. An exit for the holding, not a deal Spotify did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Spotify is recorded as having been acquired. | ||||
Companies Spotify acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Sonalytic | Acquisition | 2017 | - | SmartCompany (2 Feb 2024), TechCrunch Australia, SmartCompany (24 Jan 2024) |
| Name | Role | Sources |
|---|---|---|
| Johnny Hunter | TechCrunch Australia, SmartCompany | |
| Kate Vale | Managing Director (former) | Women's Agenda, TechCrunch Venture |
| Martin Gould | TechCrunch Australia, SmartCompany |
Stories naming Spotify. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of three trans-Tasman raises: Ordermentum landed $55m from Five V Capital, defence-tech firm Arkeus closed $25m, and music platform Lume gathered NZ$1.3m from well-known backers before its launch.
Also Startup Daily
Weekly roundup of ten Australian and New Zealand startup raises totalling nearly $194 million, topped by Neara's $90 million round at a $1.1 billion valuation, with Splose, Operata, HAMR Energy and Adora also covered.
Neara joins the unicorn club after a TCV-led $90 million Series D at a $1.1 billion valuation, with existing backers participating; funds will fuel global expansion and engineering hires.
Melbourne pet-health startup Elita Genetics stores animals' stem cells collected at desexing; the piece covers its new budget subscription tier and notes a seven-figure pre-seed raise backed by Startmate and others.
A Blackbird partner argues AI has revived vertical software by turning hard-to-sell customers into product-led buyers, noting the firm recently backed three such startups and recalling Aconex's sale to Oracle.
Also buildxact.com
Linktree adds scheduling and archiving tools plus video fetching. The Australian firm also hired a chief product officer and two AI leads, and last year bought Koji and Bento.
Linktree has brought on two audio AI specialists and a new product chief as it pushes into AI-driven commerce; the hires previously built sound-recognition startup Sonalytic, sold to Spotify in 2017.
A year-end SmartCompany roundup counting down 2023's ten largest Australian startup raises, headed by Employment Hero's $263m Series F, with investor details and commentary on fewer mega-rounds and continued under-representation of women co-founders.
Agentio launches its creator-ad platform on a $4.25 million seed round from Craft Ventures and AlleyCorp, with co-founders Arthur Leopold and Jonathan Meyers; the page touts a $40 million Series B with Forerunner leading.
Roundup of eight Australian startup raises totalling $433m, topped by Employment Hero's $263m Series F and Skykraft's $120m round; Darwinium, Konvoy Kegs, The Martec and three Birchal crowdfunds complete the week.
Also AgFunderNews
Employment Hero raised a $263 million Series F led by TCV, reaching a $2 billion valuation, with existing backers reinvesting; Skykraft announced a $120 million raise.
Also employmenthero.com
Australian HR software firm Employment Hero has banked a large Series F led by US investor TCV, lifting its valuation towards $2 billion, with several existing backers also taking part.
Sydney HR-and-payroll firm Employment Hero announced a TCV-led Series F reaching unicorn valuation; the profile covers its products, remote workforce and global ambitions, citing rival raises.
HR platform Employment Hero announced a Series F of $263 million with TCV leading, valuing the company at $2 billion, pending foreign investment approval, to speed global expansion.
Also Forbes Australia·TechCrunch Australia·SmartCompany·proactiveinvestors.com·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·employmenthero.com·employmenthero.com·Forbes Australia·Crunchbase News
Female-led VC ALIAVIA has closed a US$8.7 million fund, backed by Robyn Denholm, Carol Schwartz, Cynthia Scott, Tattarang and Dom Pym, to invest in female-founded startups across Australia and the US.
ALIAVIA Ventures has closed its debut fund at A$13.5 million. The US-based firm backs female founders bridging Australian and US markets; backers include Carol Schwartz, Tattarang, the Denholms, Euphemia, Dom Pym and Cynthia Scott.
Ignition Lane's weekly roundup: Zip's deal for Sezzle, Zeller's unicorn raise, several Australian funding rounds, Startmate backing Provvy, a space manufacturing grant, NZVC's first close, and tech's response to Russia.
Republished AFR report recalls Go1's earlier backing and Series C investors, including OIF, while its reported Series D at a billion-dollar valuation remains in progress and a listing is flagged.
Also SmartCompany·SmartCompany
A Q&A with the Plexus chief executive covering the company's 2011 founding, its Legal Gateway platform, client pricing reform, emerging legal roles, and his outlook for the profession.
Nurture Her speaker page profiling Vinomofo's chief executive, covering the wine e-commerce firm's growth since 2011, overseas expansion, a US partnership and industry awards.