Startup · $54m raised
Trading platform expanding into crypto trading
Sydney, NSW
Every investor coverage indicates participated in a round Superhero raised.
| Investor | Rounds | Invested |
|---|---|---|
| Ophir Asset Management | Unnamed stage | - |
| Perennial Value Management | Unnamed stage | - |
| Regal Funds Management | Unnamed stage | - |
| Thorney Investment | Unnamed stage | - |
| Fred Schebesta | Unnamed stage | - |
| Larry Diamond | Unnamed stage | - |
| Nick Molnar | Unnamed stage | - |
Every published round Superhero 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 Superhero 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 Superhero, as distinct from the investments it has made.
Companies Superhero has backed that another company then bought. An exit for the holding, not a deal Superhero did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Superhero is recorded as having been acquired. | ||||
The transaction that ended Superhero's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Swyftx | Merger | 8 Jun 2022 | - | Startup Daily (21 Dec 2022), Startup Daily (8 Jun 2022) |
Companies Superhero 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 |
|---|---|---|---|---|
| Swyftx | Merger | 9 Jun 2022 | - | Startup Daily, SmartCompany, Australian FinTech |
Stories naming Superhero. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.
Two raises reported: Superhero has banked $20m of a hoped $30m round led by Salter Brothers at a $176m valuation, while New Zealand crime-intelligence startup Azonic took NZ$1m in a Blackbird-led pre-seed.
Melbourne investment firm Salter Brothers has joined a fresh capital raise for share-trading platform Superhero, which the report says is heading toward a $186 million valuation.
Australian crypto exchange Swyftx is buying brokerage Caleb & Brown, reportedly valued above $100 million, extending its reach to wealthy US investors; it also plans to buy New Zealand's Easy Crypto.
Amber raised $45 million led by ETF Partners, while Sydney fintech Superhero secured $11 million at a $150 million valuation, with several executive hires announced alongside the raise.
Also @AuManufacturing·Startup Daily·SmartCompany·RenewEconomy
Share trading and super platform Superhero has raised $11 million from existing backers, lifting its post-money value to $150 million, with plans to build tools that give investment advice.
Also SmartCompany
Lendi Group has appointed four senior leaders across content, marketing, creative and PR, rounding out its growth leadership as the Aussie Home Loans owner also flags further roles.
Wealth platform Superhero announces senior appointments in strategic projects, superannuation operations and customer operations, hiring executives from Vanguard Australia and HUB24; one appointee previously led the EISS merger with CBUS.
Flagship, whose software helps retailers optimise in-store merchandising, has raised a $2 million seed round led by Tidal Ventures, with Afterpay cofounder Nick Molnar, brother of founder Simon, among the backers.
Fintech Superhero has brought back one of its earliest employees, Rachel Hopping, to serve as its first head of strategy, following her time at Fintech Australia. She reports to cofounder and CEO John Winters.
Share trading platform Superhero is demerging from crypto exchange Swyftx, its founders resuming control via a management buyout backed by earlier investors, as Swyftx contends with crypto downturn and repeated staff cuts.
Crypto broker Swyftx and trading platform Superhero have announced a merger forming a $1.5 billion Australian financial group spanning digital assets, equities and superannuation, to be led by co-CEOs.
Trading and superannuation platform Superhero is merging with crypto exchange Swyftx, forming a combined fintech valued at $1.5 billion serving investors across Australia and New Zealand.
Also Startup Daily
Trading and superannuation startup Superhero has hired Chris Whitnall, previously a media executive at ABC and agency strategist, into a newly created senior marketing role to lead strategy across its teams and agency partners.
Australian landlord tool RentBetter has picked up $1.9 million from unnamed backers including wealthy individuals and industry partners, with plans to hire, build product and market itself.
SmartCompany's year-end list profiles ten Australian startups poised for a big 2022, recalling their 2021 raises, crowdfunding campaigns, government grants and accelerator origins, from mtime and Quantum Brilliance to Zoomo and Superhero.
Also Startup Daily
Australian comparison website Finder has raised $30 million from Future Now Capital after 15 years bootstrapped, valuing it at $650 million, as it pursues cryptocurrency and Web 3 opportunities.
Also Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily
Crypto exchange CoinList, founded by Brisbane-born Graham Jenkin, raised US$100 million in Series A funding led by Agman and Accomplice, reaching a US$1.5 billion valuation, after a Dorsey-led US$10 million round in 2019.
Airbnb's chief executive expects remote work to transform travel, while domestic travel businesses, including Travlr, which recently raised $6.7 million, prepare for a post-pandemic booking surge.
Cut Through Venture's November newsletter rounds up October 2021's record deal count for Australian startups, listing raises across climate, fintech, cybersecurity and legal tech, plus Startmate Demo Day graduates and active investors.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Women's Agenda·Forbes Australia·rnz.co.nz·insolvencyinsider-au.com
Australian trading and superannuation startup Superhero has raised $15 million led by Perennial Value Management, lifting its six-month funding to $40 million, and is considering New Zealand expansion and cryptocurrency trading.
Also Startup Daily·Australian FinTech·Cut Through Venture·SmartCompany·SmartCompany·Startup Daily
Zepto announces it is the first non-bank accredited as both an NPP Connected Institution and a CDR data recipient, reports $3 billion in monthly payment volumes, and joins the Tech Council of Australia.