Ledger. Australian venture funding, tracked

Company

Zoom

Coverage

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

undisclosed

Canva hits $42B valuation in secondary sale, joining Figma in pre-IPO spotlight

Canva launched an employee share sale valuing the design software firm at $42 billion, led by Fidelity with JPMorgan's asset arm joining, ahead of a planned IPO; US rival Figma listed last month.

Also Crunchbase News·stratechery.com·Crunchbase News

Funding announcement

From SaaS to SaiS: A River of Inquiry into how AI is unlocking vertical SaaS

A Blackbird partner argues AI has revived vertical software by turning hard-to-sell customers into product-led buyers, noting the firm recently backed three such startups and recalling Aconex's sale to Oracle.

Also buildxact.com

Exit / M&A

Superloop knocks back Aussie Broadband’s $466 million takeover bid as ‘opportunistic’

Superloop's board has rejected Aussie Broadband's merger proposal as too low, with Aussie already holding a 19.9% stake; the piece also recalls Superloop's VostroNet purchase and Aussie's Symbio buyout.

8 deals

Blast OIF | 23 things from 2023

OIF Ventures' year in review: full Eftsure exit, Opportunity Fund close, Visory, DataMasque and Nullify backed, follow-ons at Inspace and Dataweavers, new team members and portfolio milestones.

Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio

3 deals

Workplace coaching platform Fingerprint for Success raises $6.5 million

Fingerprint for Success, an AI coaching platform, has closed a $6.5 million second seed round led by Investible, with Canva's founders investing again; its lifetime funding now totals $9.2 million.

Seed $5m

Virtual personal and professional coach creator takes funding to $9 million

Fingerprint for Success, maker of AI coach Marlee, raised $5 million in an Investible-led seed round, lifting total funding to $9 million, with participation from Five V Capital, Salesforce Ventures and several high-profile angels.

Also SmartCompany

12 deals

Ignition Lane's Weekly Wrap: The unicorn boom, valuations heading south, Meta faces legal squeeze

Ignition Lane's weekly roundup covers Linktree's unicorn raise, several Australian funding rounds, Tiger and Insight's new mega-funds, falling SaaS valuations, the ACCC's action against Meta, and new accelerator and product launches.

Something wrong? Tell us