Venture capital fund · 1 deal

Utiliti Ventures

Disclosed deals

Every published round Utiliti Ventures 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
Outstaffer	Unnamed stage	25 Oct 2023	$1.5m	Lead	Michael Locaso 1in100 Ventures Side Stage Ventures Beachhead Mondo Ventures Alua Group Spring Capital John Poynton Beachhead Venture Capital	SmartCompany, Startup Daily, Beachhead Venture Capital portfolio, Beachhead Venture Capital portfolio

Portfolio

Companies Utiliti Ventures has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
Outstaffer		25 Oct 2023	1	1

Funds

Fund closes reported for Utiliti Ventures, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Utiliti Ventures yet.

Portfolio companies acquired

Companies Utiliti Ventures has backed that another company then bought. An exit for the holding, not a deal Utiliti Ventures did.

Company	Bought by	Kind	Announced	Price
No portfolio company of Utiliti Ventures is recorded as having been acquired.

Coverage

Stories naming Utiliti Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

14 deals

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.

SmartCompany 27 Oct 2023 CarExpert CipherStash Employment Hero Factory.app Got Cakey Heidi Health LAB Group LifeBid Local Measure Orkestra Outstaffer Amazon Web Services Australia Broadband Birchal iTW Listing Loop Nine Stride Equity TechnologyOne 1in100 Ventures AirTree Ventures Alua Group Archangel Ventures Beachhead Venture Capital Blackbird Ventures Future Now Capital Global Credit Investments HESTA Hostplus Hugo-Hamman Investments Impact Ventures Management Investible Luxem Mondo Ventures Possible Ventures Rampersand Saniel Ventures Seven West Media Side Stage Ventures Skip Capital Spring Capital Stride Group Tidal Ventures Utiliti Ventures Wormhole Capital Adrian DiMarco Andrew Rogers Danin Kahn John Poynton Jonathan Barouch Laurence Escalante Michael Locaso Oliver Hartley Phil Blythe Blayz Meredith Brett Wright Dan Draper Jay Curtin Kerry Stokes Lyndon Webster Michael Lutkajtis Nick Boudrie Paul Lutkajtis Thomas Derum Dr Thomas Kelly Waleed Mussa Yu Liu

Also SmartCompany·Startup Daily

2 deals

HR and outsourcing startup Outstaffer lands $1.5 million in first raise

Outstaffer, a Victorian HR tech platform, has secured $1.5 million from outside investors in a round co-led by its chief operating officer, funding product development and a planned US expansion.

Startup Daily 25 Oct 2023 Employment Hero Outstaffer Australia Broadband iTW Listing Loop 1in100 Ventures Alua Group Beachhead Mondo Ventures Side Stage Ventures Spring Capital Utiliti Ventures John Poynton Michael Locaso Ben Grabiner Thomas Derum

Also SmartCompany

Funding announcement

Investment Announcement: Outstaffer Raises $1.5 Million From Leading Australian Venture Capital Investors

Outstaffer announced a $1.5 million strategic round to grow its global hiring platform, with Utiliti Ventures, 1in100 Ventures and Side Stage Ventures leading and several other Australian investors taking part.

outstaffer.com 18 Oct 2023 1in100 Ventures Outstaffer Side Stage Ventures Utiliti Ventures Ben Grabiner Jason Serda Michael Locaso Thomas Derum

Fund close $32m+

Archangel Ventures - 2022: Year in Review

Archangel Ventures' annual review recounts closing its second fund above $32 million, passing $10 million invested in Australian startups, and portfolio raises by Aerotruth, Bare, Trendspek, Pearler and Vively during 2022.

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