Capital raising case studies

Technology - Bookings/events

Attekus is Australia's leading booking and events technology platform for local governments.

Transaction summary

First external capital raising of A$5 million
Led by Five V and QIC Ventures
Funding to expand the product offering and scale into new markets

Technology - Artificial Intelligence

Affinda helps companies achieve productivity and efficiency gains by automating document-intensive workflows.

Transaction summary

A$20 million raised over 3 capital raisings since September 2022
Investment from 40+ family offices and high-net-worth investors
Funding to accelerate product development and global sales and marketing

Technology - Legal

estateXchange is automating the administration of deceased estates.

Transaction summary

Seed capital raising (quantum confidential)
Led by Macquarie Capital and Little Group
Funding to develop its AI-powered platform

Technology - Artificial Intelligence

Sapia uses its AI-powered recruitment platform to help companies hire more quickly while removing human bias.

Transaction summary

Series A capital raising of A$17 million
Led by Macquarie Capital and Woolworths' venture capital arm W23
Funding to accelerate Sapia's entry into the US market

Consumer

DIYBlinds is an online retailer of window furnishings, allowing homeowners to virtually design and purchase premium blinds, shutters, and curtains without ever stepping foot into a physical showroom.

Transaction summary

First external capital raising of A$15 million
Led by the Australian Business Growth Fund (ABGF)
Funding to improve its online customer experience, expand business operations, build brand awareness and fast-track new product offerings

Technology - Fintech

Spriggy provides a financial education platform for families, offering prepaid cards and a user-friendly app for kids and teens to manage their money.

Transaction summary

A$35 million Series B capital raising
Led by NAB Ventures with support from Grok Ventures and Perennial Value Management
Funding to accelerate growth by supporting a 3x increase in the size of Spriggy's team

Consumer

Bellroy is an Australian brand that sells 'carry' products worldwide.

Transaction summary

First external capital raising of US$8 million
Led by US growth equity investor, Silas Capital
Funding to accelerate global growth

Technology - Property

Deep Blue Company is building Australia’s leading marketplace of sale to settlement services, encompassing all of the activities between a buyer and seller agreeing to transact a property through to completion of the sale

Transaction summary

A$60+ million raised across 3 capital raisings
Strategic investment from RACV with additional investment from various institutional funds
Funding to accelerate the company's organic and inorganic growth strategy