Investor · 1 deal
Every published round Tyro 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 |
|---|---|---|---|---|---|---|
| Paypa Plane | Series A | 3 Apr 2023 | $10m | Participant | Startup Daily (26 Jul 2023), SmartCompany, Women's Agenda, Australian FinTech, Startup Daily (31 Mar 2023), Business News Australia, paypaplane.com, Sprint Ventures portfolio |
Companies Tyro has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Paypa Plane | 3 Apr 2023, Series A | 1 | 0 |
Fund closes reported for Tyro, as distinct from the investments it has made.
Companies Tyro has backed that another company then bought. An exit for the holding, not a deal Tyro did.
| Name | Role | Sources |
|---|---|---|
| Fiona Pak-Poy | Chair | SmartCompany |
| Jon Davey | CEO | SmartCompany, Startup Daily |
Stories naming Tyro. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Tyro says chief executive Jon Davey will leave within six months; the piece recalls his arrival via the Medipass acquisition and Stripe playing down takeover speculation.
Weekly roundup detailing five raises across Australian and New Zealand startups — Hapana, Kinoxis Therapeutics, Appetise, Bike Matrix and Aglow — worth a combined $38.5 million, naming lead investors and planned expansion for each.
Potentia's $400 million takeover approach for ASX-listed software firm Nitro was rejected, with the column examining Nitro's widening losses, executive pay, and Potentia's separate pursuit of payments company Tyro.
Square Peg explains its rationale for leading Athena's Series B, joined by Hostplus and Airtree, with analysis of the Australian mortgage market, the challenger lender's model, and its founding and senior team.
Payment firm Paypa Plane says Mastercard, Cuscal, Sprint Ventures and Queensland's Business Investment Fund joined its $10 million Series A, with QIC managing the investment and Commonwealth Bank and Tyro already backing it.
Also Business News Australia·Startup Daily·Australian FinTech·SmartCompany·Startup Daily·Women's Agenda