Corporate / CVC · 1 deal
Every published round ABN Group 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 |
|---|---|---|---|---|---|---|
| Honey Insurance | Seed | 18 Jun 2021 | $15.5m | Lead | Forbes Australia, SmartCompany (Fri 12 Apr 2024), SmartCompany (Fri 18 Jun 2021), Startup Daily, TechCrunch Australia |
Companies ABN Group has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Honey Insurance | 18 Jun 2021, Seed | 1 | 1 |
Fund closes reported for ABN Group, as distinct from the investments it has made.
Companies ABN Group has backed that another company then bought. An exit for the holding, not a deal ABN Group did.
Stories naming ABN Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly funding wrap covering several raises including Honey Insurance's record seed round, OCR Labs' Series A, and Ena Respiratory's COVID-19 nasal spray funding, plus Investible's second fund first close.
Honey Insurance has raised $15.5 million in seed funding backed by RACQ, PEXA, Metricon and founders of Zip and Afterpay, to launch its smart-home insurance offering.
Australian home insurer Honey Insurance launched with a A$15.5 million seed round, reportedly the country's largest, led by insurers and property firms alongside several fintech executives investing personally.
Also Startup Daily·SmartCompany·SmartCompany·Forbes Australia