Led · Equity · Jul 2022

WeMoney operates in the Australian open banking sector and is focused on capitalising on expansion opportunities. The company aims to improve its position within the Australian Open Banking landscape. It secured USD 3 million in a fundraising round led by existing investors. The announcement references prior financings, including USD 7 million in June 2022 and a USD 2 million seed raise in 2020. The funds are intended to support the company’s expansion and positioning in Australia’s open banking market. WeMoney is a financial-wellness platform and app focused on helping users — particularly Gen Z and Millennials — gain a deeper understanding of their finances and get better loan and mortgage deals. The app was accredited as an Authorised Data Recipient under Australia’s Consumer Data Right, enabling members to connect bank accounts from accredited providers for deeper insights. Since launching in October 2020 the app has amassed over 285,000 downloads, and member numbers and revenue have grown more than 30% month-on-month. The company has formed partnerships with 52 companies, including CoinSpot, OurMoneyMarket and Athena Home Loans. WeMoney entered the New Zealand market in December 2021 and has a longer-term goal to enter other global markets, including North America. Management says new capital will be used to expand the product and significantly invest in streamlining the platform. WeMoney is a financial health and wellbeing platform that helps young working Australians understand and manage their money using behavioural science and AI. The product lets users track bills and recurring payments, understand savings, monitor income and view credit scores to provide a complete picture of financial health. The company emphasizes a community approach that connects users with shared goals to improve money management. WeMoney wrote its first line of code in October 2019 and launched its site in February; user acquisition grew after the initial COVID shock to roughly 200 new users per day. The startup closed an oversubscribed $2M raise during the COVID outbreak to invest in its team and to develop technology, integrations and partnerships. CEO Dan Jovevski previously founded SwitchMyLoan, which was acquired in 2017.

Led · Seed · Jun 2022

Snackr offers a mobile ordering platform designed to improve the stadium patron and vendor experience. The company says its technology enables easier ordering for fans and smoother transactions for vendors at events. Snackr announced a seed capital raise to support scaling and broader deployment. The LinkedIn announcement frames the funding as a step to bring mobile ordering to fans globally. No operating metrics or prior financings were disclosed in the post. The announcement included a quote from James Edwards of BetterLabs expressing enthusiasm for partnering as Snackr scales.

Participated · Equity · Jan 2022

Gathered Here began as a comparison site for funeral services and has expanded to support consumers choosing offerings across the end-of-life sector, including headstones, celebrants and will writing. The startup positions itself as a digitising force in so-called 'death-tech' to improve end-of-life services. According to founder Colin Wong, the company closed a fresh funding round on Christmas Eve that doubled its valuation within seven months. The recent raise follows a $1.1 million seed round the company closed in May last year. The articles do not disclose revenue, user metrics, or the specific instrument (equity/debt) used in the new funding. Gathered Here began in 2017 when founder Colin Wong launched it as a comparison site to add transparency to funeral pricing. Over time the company expanded to provide celebrants, probate services and estate administration. The startup recently launched an automated service for creating legally valid, binding wills. That will-writing offering has driven a period of growth for the business. Wong estimates the site is used during the organisation of about 18% of all Australian funerals. The company has raised $1.1 million as it scales its online automated will-writing service.

Participated · Seed · May 2021

Waffle is an all-in-one consumer insurance platform and app that consolidates multiple insurance products—life, auto, home, travel, pet, cyber, identity and renter’s—into a single experience. Born out of MIT research on holistic coverage and risk pricing, the company uses proprietary technology including a holistic risk model named Galileo, a risk mitigation engine called Y.O.D.A., and a bespoke onboarding engine. Waffle launched its iOS app and web platform and is available across all 50 states, initially offering Pet, Travel, Life, Cyber, and Renter’s insurance, with Auto and Home slated to be available by the end of June. The company partners with major carriers and programs such as MassMutual’s Haven Life Agency, Blink by Chubb, Crum & Forster Pet Insurance, Arch RoamRight, Clearcover, and Boost to provide customizable products with broad coverage. Waffle emphasizes quick, exam-free life signups, broad pet coverage, and cyber/identity protection as differentiators. The company recently completed a $5 million seed financing to support its launch and growth.

Participated · Series A · Nov 2020

Complete Home Filtration builds whole-of-home water filtration systems that deliver freshly filtered water to every tap. Its proprietary Attapure technology is a point-of-entry system that removes 100% of PFAS compounds from contaminated bore water. Since the last funding round it has grown twelve-fold in Western Australia and is beginning expansion into Brisbane and Sydney. The company says the new capital will fast-track production of Attapure and expand manufacturing capabilities in Australia. Its innovations have been supported by the federal government and the Defence Science Centre, targeting a large market of PFAS-contaminated sites in Australia and the US. MD Suzanne Dodds brings over 13 years of water filtration experience and has received international recognition in the space.