Led · Equity · Apr 2023

Evee operates an electric car-sharing platform focused solely on electric vehicles. The company completed an equity crowdfunding campaign on Birchal that raised $1.6 million. A total of 618 new investors participated in the round. The campaign was noted as Australia’s third-largest funding round for 2023. Glide Agency worked closely with evee on the crowdfunding effort. Evee says the raise positions it to expand services and continue delivering an exceptional customer experience, and founder Slava Kozlovskii expressed strong investor and customer support.

Led · Equity · Aug 2021

KOBA builds a connected pay-per-km car insurance product that splits premiums into a fixed parked premium and a real-time per-km charge (typically 3–10¢) while driving. The telematic app measures distance in real time and charges drivers only for what they use. KOBA is currently in beta testing with a select group and is on-track to launch to the wider market in October. The company opened a Birchal crowdraise on 26 August and closed day one with $525K from 160 investors, having hit its minimum target within two hours. KOBA will use the funds to scale awareness among early adopters, continue evolving the app experience, and hire key team members. It has entered an underwriting partnership with Eric Insurance Limited to combine eric’s motoring expertise with KOBA’s telematic approach to accelerate market entry and navigate the regulated insurance industry.

Led · Equity · Jul 2021

QPay is an Australian app offering cashback and rewards for university students to encourage positive money management habits. The company is focused on the disrupted university sector and is ramping up to pursue a global opportunity. QPay raised $1,149,658 via an equity crowdfunding campaign on Birchal from 745 investors. The Birchal campaign smashed its $500,000 minimum target. QPay also announced a partnership with Volt. Founded in 2014 by Andrew Clapham, Muhammad Satti, and Zaki Bouguettaya, QPay appeared on Shark Tank in 2018, securing $380,000 from Naomi Simson and Steve Baxter. QPay launched in 2016 as a one-stop student marketplace app where students can buy textbooks, pay for society memberships and split bills. The company introduced a student-targeted MasterCard in March 2018 and has seen 54,317 card transactions since launch. The app reports 300,000 Australian university student users and has processed over $20 million in payments to date. QPay is also in use at Oxford and Cambridge in the UK, though the card rollout will initially focus on Australia. The company plans to use the new funding to issue more MasterCards to a 4,000-plus waiting list and to build a sales team to meet growth targets for the remainder of 2018 and beyond. Leadership emphasizes product customization based on user patterns discovered through the platform’s transaction history.