Led · Equity · Feb 2025

Lawpath is an Australia-based legal technology company that offers AI-powered legal, accounting, and compliance solutions for startups and SMEs. Its services include business incorporation, contract generation, and legal guidance. Lawpath’s AI system, developed with AWS and Anthropic, automates legal processes and handles roughly 5,000 inquiries daily. The company markets online legal and business services and aims to expand its suite of legal and compliance tools. Lawpath was founded in 2014 and operates as Lawpath Operations Pty Ltd. Lawpath operates a subscription-based SaaS platform that supplies legal documents, customized legal workflows, e-signatures, business-registration services and on-demand lawyers to small businesses. The company reports about 230,000 users and says it helps form roughly 5% of new companies in Australia. Typical customers have under A$5M in revenue and up to 20 employees; plans start at A$29/month and its popular Legal Advice tier is A$89/month with unlimited 30-minute lawyer calls. Lawpath has a 40-person team and intends to double headcount, focusing hires in product and software. Management plans to use the new funding to expand into New Zealand and Southeast Asia and to accelerate product and internationalization work; its SaaS infrastructure and APIs are cited as enabling quick localization. Usage has increased during the COVID-19 pandemic, driven by demand for team accounts, document collaboration and e-signatures.

Led · Series B · Nov 2023

Rich Data provides AI decisioning technologies and solutions for business and commercial lenders. It harnesses machine learning blended with human expertise to deliver insights that bring transparency, compliance, and accountability to lending decisions. Led by CEO Ada Guan and based in Sydney, the company says its offerings drive growth and foster opportunities in financial portfolios. The company recently raised an additional $9M as part of its Series B, bringing total Series B funding to $37M. Rich Data intends to use the funds to accelerate expansion into North America and to consolidate its position as a leading AI decisioning platform provider in the global banking sector. The financing will also support ongoing innovation efforts to provide advanced AI solutions to financial institutions. Rich Data (RDC) provides an AI decisioning platform that gives lenders insight into borrower behaviour and predicts future business performance. Its system enables lenders to more accurately assess credit risk and support Business and SME lending decisions. To date RDC has served major banks in Australia and New Zealand, notably Westpac’s Australian business lending operations. Led by CEO Ada Guan and based in Sydney, the company raised $17.5M in a Series B. The round was led by Westpac and nCino, with a reinvestment from BMYG and a new Singapore-based investor, Octava Fund. RDC intends to use the proceeds to accelerate expansion into North America and to grow its position as an AI decisioning platform in the global banking sector.

Led · Series C · Aug 2022

Kasisto builds KAI, a conversational and generative AI platform for the financial services industry. The platform includes virtual assistants and KAI Answers, which gives employees immediate access to accurate information drawn from an institution’s knowledge base. KAI Answers enables virtual assistants to leverage generative AI to produce precise responses from internal and public-facing documents, streamlining customer service and reducing time to locate critical data. Kasisto’s customers include global banks such as J.P. Morgan, Westpac, Standard Chartered, TD, and Nedbank, as well as U.S. community banks and credit unions. The company says the platform is engaging millions of consumers worldwide across multiple channels and languages and is optimized for performance, scalability, security, and compliance. Kasisto recently closed a Series D that brings total funding to $90 million and appointed Don Layden as Executive Chairman; it plans to use the capital and strengthened leadership to accelerate innovation, expand market presence, and further integrate conversational and generative AI to help frontline bankers and operational staff. Kasisto offers KAI, a digital experience platform integrated into the fintech ecosystem through partnerships with providers such as FIS, NCR and Q2. The company serves customers including J.P. Morgan, Westpac, Standard Chartered, TD, Manulife Bank and credit unions like Fairwinds and Excite. Kasisto plans to use new funding to continue investing in product development, strategic go-to-market initiatives, and to expand partnerships with top financial services providers. The company is led by co-founder and CEO Zor Gorelov. Kasisto is NYC-based and also has offices in Silicon Valley and Singapore. Recent financing activity indicates ongoing external investor support for its platform and partnerships. Kasisto develops KAI, a conversational AI-powered digital experience platform for financial services firms. Led by CEO Zor Gorelov, the platform is built to engage millions of consumers worldwide across multiple channels and languages and is optimized for performance, scalability, security, and compliance. Customers named in the article include J.P. Morgan, Westpac, Standard Chartered, TD, Manulife Bank and credit unions such as Fairwinds and Excite. The company closed a $15.5M Series C round, bringing total funding to date to $67M. In conjunction with the round, Mike Abbaei, Co-Founder & Managing Partner at Naples Technology Ventures, will join Kasisto’s board. Kasisto intends to use the funds to accelerate growth with investments in sales, business development, marketing, strategy and customer success. The company is based in New York City and also has offices in Silicon Valley and Singapore. Kasisto provides a digital experience platform for the financial services industry, engaging with millions of consumers around the world across multiple channels and languages. The platform is optimized for performance, scalability, security, and compliance. The company plans to use proceeds from the recent investment to expand its global field organization and accelerate its go-to-market strategy. Kasisto received a $7M investment from Napier Park Financial Partners as part of a Series B extension that brought the round's total to $22M. Founded in 2013 and led by CEO Zor Gorelov, Kasisto is NYC-based with offices in Silicon Valley and Singapore. Customers include DBS Bank, J.P. Morgan Chase, Mastercard, Standard Chartered, TD, and Manulife Bank. Kasisto develops KAI, an open conversational AI platform trained in the language of banking and finance to power human-like virtual assistants for financial institutions. KAI includes enterprise tools to customize, measure, train, and improve virtual assistants and meets the needs of demanding financial services organizations. The company reports global production deployments of its intelligent virtual assistants in more banks than any other company. Customers include J.P. Morgan, Mastercard, Standard Chartered, TD, and DBS. Founded in 2013 and led by CEO Zor Gorelov, Kasisto is based in New York City and also has offices in Silicon Valley and Singapore. The company intends to use new funding to expand adoption of its services across all segments of the financial services industry.

Led · Series A · Oct 2021

Safewill is a digital end-of-life planning platform that provides a step-by-step online will writing process with flat fees and adjacent services. Since launching in 2019 it has expanded to offer Enduring Powers of Attorney, Enduring Guardianship, a subscription-based digital vault, an affiliate wills and estates law firm, and low-cost funeral planning services. The company reports close to 100,000 users on its platform and says AU$500 million in charitable gifts have been committed to Australian not-for-profits through its wills. Safewill has partnered with more than 200 Australian charities, including Cancer Council, Fred Hollows Foundation, Guide Dogs Australia, RSPCA, and Sydney Swans Foundation. Management describes the product as a unified digital experience that ties together estate planning documents, funeral products, legal services, and legacy tools to de-stigmatise end-of-life planning. The company plans to use new funding to further develop the business and execute selective overseas expansion. Safewill is an Australian online will-writing platform that lets individuals create and update wills through a digital interface. The company charges A$160 to create a will and offers unlimited updates during the first year, with an optional A$15/year plan for ongoing unlimited updates. Safewill serves both direct-to-consumer users and a B2B2C channel through partnerships with charities. Over the past 18 months the platform has been used to create more than 10,000 wills. The startup has established partnerships with more than 100 of Australia’s largest charities and associations to encourage legacy donations and deliver will-creation to donors. Founded in 2019, the company is positioned at the intersection of consumer legaltech and nonprofit fundraising support.

Participated · Series C · Jun 2021

10x Banking offers a fourth-generation, cloud-native core banking platform designed for real-time operations, continuous product innovation and AI-enabled financial services. Its technology underpins major institutions including Westpac and Chase UK and helps banks replace legacy systems, reduce operational complexity and bring new products to market faster. Over the past 12 months the company turned EBITDA-positive, passed 10 million live customer accounts, onboarded more than 10 new financial institutions and grew ARR by upwards of 30%. The firm plans to deploy new capital to scale sales and go-to-market efforts as it pursues global expansion. AshGrove Capital joined as a new investor, citing 10x’s revenue trajectory, cost discipline and customer base that has increased platform usage.