Ledger. Australian venture funding, tracked

Founder, Heidi Health

Waleed Mussa

Coverage

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

4 deals

Heidi Health's $98 million raise skyrockets its valuation to $704 million

Melbourne AI medical-notes startup Heidi Health has banked a $98 million Series B led by Point72 at a $704 million valuation, adding two senior clinical and commercial hires to its leadership.

SmartCompany 6 Oct 2025 Heidi HealthColesGoldman SachsMicrosoftMonash HealthPhoenix CourtPlaidPoint72Queensland Health Children's Hospital and Health ServiceSalesforceBlackbird VenturesHeadlineLatitudePaul WilliamsonDr Simon KosSri ChandrasekarSteven A CohenDr Thomas KellyWaleed MussaYu Liu

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9 deals

Six Aussie startups that raised $56.7 million this week

Weekly roundup detailing six Australian startup raises announced this week, covering Heidi Health, Instant, Esper, Trusst AI, Flowing Bee and GonGlobal, with investors, founders, valuations and earlier rounds.

SmartCompany 7 Mar 2025 EsperFlowing BeeGonGlobalHeidi HealthInstantTrusst AIFayt the LabelInvivaJulyLaunchVicMonash UniversityMovemberPeppermayoToys R UsAlice Anderson FundAntler AustraliaArchangel VenturesAustralian Medical AngelsBlackbird VenturesFlying Fox VenturesGenesis PSFHeadlineHejazHESTAHummingbird VenturesLocalGlobeM8 VenturesOIF VenturesPaspalisReinventure GroupTen13The George Institute for Global HealthUNSW FoundersDr Peter CroninDavid SheinDr Dr Michael SankeyEllen GondaDr Igor GondaKylie FrazerLiam MillwardPrzemyslaw LorenczakSara KhorasaniShoaib IqbalDr Thomas KellyWaleed MussaWilliam GaoYu Liu

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3 deals

GP administration startup Heidi Health tops up Series A with another $27 million

Heidi Health, whose AI tool drafts doctors' clinical notes, has added $26.8 million to its Series A in a round led by Headline, with Local Globe and Anthology also taking part.

Startup Daily 4 Mar 2025 Heidi HealthAnthropicAtlassianCanvaColesGoldman SachsMenlo VenturesAnthologyArchangel VenturesBlackbird VenturesHeadlineHEST ALocalGlobePossible VenturesTaylor BrandtDr Thomas KellyWaleed MussaYu Liu

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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 CarExpertCipherStashEmployment HeroFactory.appGot CakeyHeidi HealthLAB GroupLifeBidLocal MeasureOrkestraOutstafferAmazon Web ServicesAustralia BroadbandBirchaliTWListing LoopNineStride EquityTechnologyOne1in100 VenturesAirTree VenturesAlua GroupArchangel VenturesBeachhead Venture CapitalBlackbird VenturesFuture Now CapitalGlobal Credit InvestmentsHESTAHostplusHugo-Hamman InvestmentsImpact Ventures ManagementInvestibleLuxemMondo VenturesPossible VenturesRampersandSaniel VenturesSeven West MediaSide Stage VenturesSkip CapitalSpring CapitalStride GroupTidal VenturesUtiliti VenturesWormhole CapitalAdrian DiMarcoAndrew RogersDanin KahnJohn PoyntonJonathan BarouchLaurence EscalanteMichael LocasoOliver HartleyPhil BlytheBlayz MeredithBrett WrightDan DraperJay CurtinKerry StokesLyndon WebsterMichael LutkajtisNick BoudriePaul LutkajtisThomas DerumDr Thomas KellyWaleed MussaYu Liu

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2 deals

Medtech Heidi Health raises $10 million Series A

Heidi Health, whose AI tool trims paperwork for family doctors, has banked a $10 million Series A round led by returning backer Blackbird, with co-investors including Hostplus and Hesta.

Startup Daily 26 Oct 2023 Heidi HealthColesGoldman SachsArchangel VenturesBlackbird VenturesHESTAHostplusPossible VenturesSaniel VenturesWormhole CapitalMichael ToloDr Thomas KellyWaleed MussaYu Liu

Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia

Series A $10m

Blackbird backs Heidi Health’s AI platform for overworked doctors

Melbourne healthtech firm Heidi Health has pulled in A$10 million Series A capital, headed by Blackbird Ventures, to grow its AI scribe that lightens clinicians' documentation workload.

TechCrunch Australia 25 Oct 2023 Heidi HealthAbridgeAthenaMicrosoftNotionSukiArchangel VenturesBlackbird VenturesDaniel VenturesHostplusPossible VenturesVestaWormhole CapitalMichael ToloDr Thomas KellyWaleed MussaYu Liu

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