Participated · Equity · Jan 2025

Rokt offers AI- and ML-powered products including its Rokt Brain and the ecommerce Rokt Network. Those systems are said to power more than 6.5 billion transactions and connect 400 million customers across major companies such as Live Nation, Macy’s, AMC Theatres, PayPal and Uber. mParticle by Rokt provides real-time data activation to unlock value across ecommerce, advertising and customer engagement. The company plans to use the newly raised funds to expand operations and accelerate development efforts. Led by CEO Bruce Buchanan, Rokt operates from offices in 10 global locations and serves clients throughout North America, Europe and Asia-Pacific. The article describes Rokt as a global leader in ecommerce. Rokt provides eCommerce marketing technology that uses AI and machine learning to help companies capture value at the moment of transaction. Its platform delivers highly relevant messages to customers at the moment they are most likely to convert. More than 2,500 global businesses and advertisers — including Live Nation, Groupon, Staples, Lands' End, Fanatics, GoDaddy, Vistaprint, and HelloFresh — use Rokt's solutions. Founded in Australia, the company operates in 19 countries across North America, Europe, and the Asia‑Pacific region, with its largest office now in New York City. In December 2021 Rokt closed a $325M Series E that valued the company at $1.95 billion. The company said it will use the funding to invest in R&D, support international expansion, and pursue strategic acquisitions. Rokt provides proprietary e-commerce technology that powers the Transaction Moment for customers of companies like Expedia, Live Nation, Groupon, Staples, Lands’ End, Fanatics, GoDaddy, Vistaprint, and HelloFresh. Through its platform it enables clients to increase brand engagement and unlock new revenue while delivering individualized customer experiences. The company said it will use the capital to accelerate research and development and to expand its client base into new verticals and geographies. Rokt cited heightened demand driven by COVID-19 as companies accelerate digital transformation and seek alternative revenue and acquisition channels. In 2020 Rokt’s valuation increased 42% to more than US$450M, and it closed a US$48M Series C less than a year earlier. The company has recently strengthened its leadership team with multiple executive hires and won MarTech Breakthrough’s Best Use of AI in MarTech award. Founded in Sydney, Rokt now operates across the US, Canada, multiple European markets, Australia, New Zealand, Singapore, and Japan. Rokt provides an e-commerce marketing technology platform that leverages technology, machine learning and AI to surface the potential in every transaction moment, enabling clients to iterate and learn fast. Led by CEO Bruce Buchanan, the platform is designed to deliver more relevant customer experiences at the point of purchase. The company operates across the US, Canada, UK, France, Germany, Australia, New Zealand, Singapore, the Netherlands, Spain and Japan and employs more than 220 people. Clients include Live Nation, Staples, Groupon, GoDaddy, Expedia, Wells Fargo, Vistaprint and HelloFresh. Rokt intends to use the newly raised funds to accelerate research and development. In conjunction with the funding, TDM partner Tom Cowan joined the company’s board. Rokt provides a platform that enables e-commerce companies to improve customer engagements and deliver meaningful native monetization. Its platform is used by brands such as eBay, Ticketmaster, Live Nation, Gumtree, AXS, Dominos and Kogan, as well as thousands of performance marketers acquiring large numbers of new customers at the point of transaction. Led by chairman and CEO Bruce Buchanan, Rokt operates offices in New York, Los Angeles, London, Sydney, Melbourne, Auckland and Singapore. It closed a US$26M Series B, consisting of US$15M announced in February 2017 and a further US$11M from existing investors. The company is using the funds to facilitate its acquisition of CalReply, a provider of calendar marketing solutions, and to accelerate its global growth.

Participated · Series C · Sep 2024

InDebted provides organizations with a technology-driven, customer-centric alternative to traditional debt collection, using machine learning to personalize each collections journey alongside a dedicated Customer Experience team. The company employs roughly 300 people, with almost half based in the United States, and its founder and CEO relocated to the US in 2023. InDebted now generates 70% of group revenue from US operations, a market that grew 195% over the last fiscal year. The business reached operating profitability in February 2024 and reports a compound annual growth rate of 110%. Management plans to use new capital to fund market expansion, pursue an M&A strategy, and continue product and solution development, with launches planned in the UAE and Mexico next month and later expansion into Europe and South America. Investors and advisers point to InDebted’s product innovation, global traction and category-leading position displacing incumbents as drivers of continued support. InDebted is a fintech startup that helps people manage overdue payments. Its core product is a debt-management platform aimed at improving the overdue payments process. The company announced expansion into the UK and highlights employee-focused policies such as a four-day work week. In its 2022 financial year it doubled its revenue. At the end of the financial year it raised $22.5 million and saw its valuation double to $200 million. The business also cut 40 staff and the CEO has signaled a shift away from 'growth at all costs.' Founded in 2015 and based in Sydney, InDebted provides a technology platform designed to facilitate debt collection for businesses while taking a friendlier approach than traditional collectors. The company has experienced rapid commercial growth, reporting 300% revenue growth over the past 12 months. Co-founder Josh Foreman says valuation has grown roughly 18× since its May 2017 seed round. InDebted raised a $1M seed from Reinventure in May 2017 and has continued to attract repeat investment from that fund. The platform is focused on scaling its collections technology and expanding its customer base among businesses requiring receivables management. InDebted provides a technology platform to help businesses, including SMEs, get paid quickly and efficiently by facilitating and managing debt collection. The company offers contingency-based debt collection services as its primary mercantile service for SMEs. For larger companies and lenders it sells a platform-as-a-service model. InDebted was founded by Josh Foreman in 2015 and is Sydney‑founded. The startup aims to disrupt Australia’s multibillion-dollar debt collection sector. It recently secured close to $1 million in seed funding to support its growth.

Participated · Equity · Dec 2022

Zipline.io builds a software-and-kiosk compliance platform that manages visitor, staff, volunteer, and contractor compliance for aged care homes and hospitals. The platform combines omnichannel micro-surveys with real-time sentiment analysis and is used in a third of aged care homes in Australia. The company recently launched QuickStart, an AI-driven offering that automatically collects the 15+ documents required for compliance and verifies their legitimacy. Zipline says its software helps providers avoid fines and streamline operations, improving patient and resident experiences and reducing queues for services such as maternity ward or facility tours. The company is listed as a "Fast100" startup automating frontline compliance workflows in healthcare organizations in Australia and the USA. In December 2022 Zipline raised $10.0M in funding led by existing investor EVP. Zipline is a software and kiosk platform that automates in-person compliance for providers by managing visitor, staff, volunteer and contractor compliance. The company has expanded into a multi-product business that combines the Zipline compliance product with RateIt’s in-the-moment feedback solution and the recently acquired employee pulse software 6Q. Zipline has seen rapid Australian uptake with clients including St Vincent’s, Regis, Estia, Brightwater, Respect and Calvary. Over the past year it grew more than 300% and reports over $5 million in annual recurring revenue. The $6M Series A2 will be used to accelerate growth in Australia’s hospital network, double headcount from 40 to 80 and prepare for a US launch in early 2022. Michael Momsen, the founder and CEO who left Microsoft to start the business, leads the company described in the article as a WA tech startup.

Participated · Series B · Sep 2022

Sonder is a workplace wellness technology start-up. The company operates in the workplace wellness sector and is backed by venture investors. It has attracted follow-on funding, most recently banking $16 million in a Series B extension. That extension was led by SEEK Growth Fund alongside existing investors including Blackbird, Saniel Ventures and angel investor Scott Bailey. The round was reported to have come at a big valuation uplift. Scott Bailey was the company’s first angel investor in 2017. Sonder builds a workplace wellbeing platform that integrates safety, medical and mental‑health tools for organisations. The company says it will use new capital to invest in product improvements across those safety, medical and mental‑health areas. Sonder plans to grow its client base among medium and large enterprises in Australia and New Zealand and pursue opportunities within small‑ and medium‑sized businesses. Management also intends to use the funds to support expansion into international markets. The company positions its platform as a way to simplify the healthcare landscape and help organisations support employees' safety and wellbeing. Sonder's co‑founder and CEO Craig Cowdrey framed the raise as a milestone toward unlocking the wellbeing model for millions of people.

Participated · Series B · Jun 2022

Edrolo produces curriculum-specific tutorial videos, textbooks and online content for secondary school students and sells packaged resources to schools. The company began by selling to parents but shifted to school packages after teacher demand; those packages save teachers time in lesson prep and marking. Last year Edrolo recorded 71 million online video plays and 106 million pieces of content viewed by teachers and students. The business employs almost 200 people and has reinvested 100% of its revenue back into the company alongside outside investment. The new capital will finance an ambitious rebuild to create a complete catalogue of core curriculum-aligned resources for science, maths, humanities and more across Years 7–12, accommodating state-by-state curriculum differences; Year 7 content has already been completed. Edrolo is Melbourne-based and was founded by Ben Sze, Duncan Anderson and Jeremy Cox. Edrolo is an Australia-based online education startup. The company operates in the online education space. It raised $2.6 million in a venture round. The round was led by AirTree Ventures and Blackbird Ventures, with support from Singapore-based Jungle Ventures, investor Roger Allen and others. The article does not disclose the company's founding year, valuation, prior rounds, specific product details, operating metrics, or how the proceeds will be used.