Ten Aussie startups that raised $39 million this week
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Venture capital fund · 2 deals
Sydney, NSW
Every published round Stride Equity 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 |
|---|---|---|---|---|---|---|
| LifeBid | Unnamed stage | 8 Aug 2023 | $700k | Participant | SmartCompany, Startup Daily, Australian FinTech | |
| LifeBid | Unnamed stage | 24 Oct 2023 | $1.4m | Participant | SmartCompany, Australian FinTech |
Companies Stride Equity has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| LifeBid | 8 Aug 2023 | 2 | 0 |
Fund closes reported for Stride Equity, as distinct from the investments it has made.
Companies Stride Equity has backed that another company then bought. An exit for the holding, not a deal Stride Equity did.
| Name | Role | Sources |
|---|---|---|
| Maria Halasz | CEO (former) · Founder | Startup Daily (9 Aug 2023), Australian FinTech, Startup Daily (28 Mar 2023) |
Stories naming Stride Equity. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Australian insurtech LifeBid has closed a $1.45 million equity crowdfunding round hosted by Stride Equity's platform, beating its target, with $820,000 from crowd investors plus a $700,000 co-investment from Stride Equity and partners.
Also SmartCompany
Weekly roundup of six Australian startups raising a combined $45.1 million across energy, e-commerce, design software, cloud security, climate tech and insurtech, plus Awayco's acquisition of Barcode Solutions and nVest winning SmartCompany's Pitch.
Also SmartCompany·LaunchVic
Insurtech LifeBid has secured $700,000 from industry partners plus the Stride Group and opened a crowd-sourced funding campaign on Stride Equity's platform, the investor's first backing and first campaign.
Three ex-Investec executives launch Stride Equity, a crowdfunding platform where vetted startups get crowd raises plus co-investment from the Stride Lead fund; the founders previously backed firms including Vocus and Airtasker.