Investor · 1 deal
Melbourne, VIC
Every published round 99designs took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Flippa | Series A | 20 Sep 2021 | $11m | Participant | Startup Daily, OneVentures portfolio (Tue 21 Sep 2021), TechCrunch Australia (Mon 20 Sep 2021), TechCrunch Australia (Mon 20 Sep 2021), OneVentures portfolio (Mon 20 Sep 2021), OneVentures portfolio (Mon 20 Sep 2021), OneVentures portfolio |
Companies 99designs has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Flippa | 20 Sep 2021, Series A | 1 | 0 |
Fund closes reported for 99designs, as distinct from the investments it has made.
Companies 99designs has backed that another company then bought. An exit for the holding, not a deal 99designs did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of 99designs is recorded as having been acquired. | ||||
The transaction that ended 99designs's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Cimpress | Acquisition | 5 Oct 2020 | - | TechCrunch Australia, SmartCompany |
Companies 99designs acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Every investor coverage indicates participated in a round 99designs raised.
| Name | Role | Sources |
|---|---|---|
| Lachlan “Lox” Donald | CTO (former) | Startup Daily |
| Mark Harbottle | Founder | Startup Daily, OneVentures portfolio, SmartCompany |
| Matt Mickiewicz | Founder | OneVentures portfolio, SmartCompany |
| Patrick Llewellyn | Chief Executive | SmartCompany |
| Patrick Llewelyn | CEO | TechCrunch Australia |
Stories naming 99designs. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Secondaries fund SecondQuarter has reached an $83m first close on its second vehicle, aiming past $100m, with founder-angels and Minderoo among new backers; its portfolio includes past sales of ActivePipe and A Cloud Guru.
Also Techboard·Startup Daily
Online business marketplace Flippa has raised a $15 million Series A led by OneVentures, with angel investors including the Leibovich brothers, after twelve years bootstrapped, as pandemic conditions lift small-scale acquisition activity.
Melbourne design marketplace 99designs has been bought by Cimpress, Vistaprint's parent, with the CEO citing pandemic-driven growth and plans to expand headcount.
Also TechCrunch Venture
Early investor Matt Allen recounts Buildkite's origins in the Ruby community, its sole $200,000 raise from nine individuals, and this week's secondary share sale valuing it at $200 million.