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HESTA

Level 20, 2 Lonsdale Street, Melbourne, VIC, 3000, Australia

Overview

Superannuation services for health and community services sector workers.

Founded

1987

Deals · 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B

Geographic focus

Australia
Canada
Germany

Sector focus

Finance
Financial Services
Health Care
Non Profit

Investment portfolio

9rounds
NAMEDATESIZE
Gilmour Space Technologies
Jan 2026Participated
$217 MOther Equity
Heidi Health
Mar 2025Participated
$17 MSeries A
SafetyCulture
Sep 2024Participated
$110 MOther Equity
Gilmour Space Technologies
Feb 2024Participated
$55 MSeries D
Svante
Dec 2022Participated
$318 MSeries E
Morse Micro
Nov 2022Participated
$20 MSeries B
Edrolo
Jun 2022Participated
$40 MSeries B
Magaloop
May 2022Participated
$9 MSeries A
Gilmour Space Technologies
Jun 2021Participated
$46 MSeries C
Gilmour Space Technologies
Jan 2026Participated
$217 MOther Equity
Heidi Health
Mar 2025Participated
$17 MSeries A
SafetyCulture
Sep 2024Participated
$110 MOther Equity
Gilmour Space Technologies
Feb 2024Participated
$55 MSeries D
Svante
Dec 2022Participated
$318 MSeries E
Morse Micro
Nov 2022Participated
$20 MSeries B
Edrolo
Jun 2022Participated
$40 MSeries B
Magaloop
May 2022Participated
$9 MSeries A
Gilmour Space Technologies
Jun 2021Participated
$46 MSeries C
9
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

HESTA: 9 funding rounds are recorded in the selected participation categories.All available history.
HESTA: 9 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A02
Series B02
Series C+03
Other Equity02

Monthly Deal Activity

HESTA: 9 deals are recorded across 65 months.All available history.
HESTA: 9 deals are recorded across 65 months. All available history
MonthDeals
Jun '211
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '221
Jun '221
Jul '220
Aug '220
Sep '220
Oct '220
Nov '221
Dec '221
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

HESTA: Space & Frontier Tech is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

HESTA: Space & Frontier Tech is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Space & Frontier Tech5
Enterprise Software2
Networks, Cloud & Communication1
Education & Workforce1
Government & Defense1
Health & Life Sciences1
E-Commerce & Retail1
AI & Machine Learning1
Clean Energy & Sustainability1
Data, Analytics & IT1

Deal Size Distribution

HESTA: 9 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

HESTA: 9 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M1
$10M-$25M2
$25M-$50M2
$50M-$100M1
$100M-$250M2
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

HESTA: Australia has the largest recorded deal count among the displayed regions (7 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

HESTA: Australia has the largest recorded deal count among the displayed regions (7 deals). All available history
RegionDeals
Australia7
Canada1
Europe1
HESTA: 20 co-investors are shown, with Blackbird Ventures sharing 6 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

HESTA: 20 co-investors are shown, with Blackbird Ventures sharing 6 recorded deals. All available history
Co-investorShared deals
Blackbird Ventures6
Hostplus5
Main Sequence Ventures3
NGS Super3
AirTree Ventures2
Queensland Investment Corporation2
TelstraSuper2
3M Ventures1
Anthology1
Archangel Ventures1
AustralianSuper1
Aware Super1
Bitburger Ventures1
Brighter Super1
Chevron Technology Ventures1
Convivialite Ventures1
Delek US1
Fine Structure Ventures1
FoodLabs1
Full Circle Capital1

Investment Strategy

HESTA: Led accounts for 0% and participating for 100% of round participation.All available history.
HESTA: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating9100%
HESTA: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
HESTA: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Debby Blakey

CEO

Jeff Brunton

Head of portfolio management