Startup · $5.9m raised
Melbourne, VIC
Every investor coverage indicates participated in a round ActivePipe raised.
| Investor | Rounds | Invested |
|---|---|---|
| NAB Ventures | Series A | - |
The transaction that ended ActivePipe'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 |
|---|---|---|---|---|
| MoxiWorks | Acquisition | Apr 2022 | - | Startup Daily (Mon 17 Oct 2022), Techboard, Startup Daily (Tue 17 May 2022) |
Companies ActivePipe acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Ashley Farrugia | CEO · Founder | Startup Daily, SmartCompany |
| Ash Farrugia | Founder | SmartCompany, Startup Daily |
| Nathan Mackinnon | Head of Product (former) | Startup Daily |
| Jaedon Farrugia | Operations Executive (former) | Startup Daily |
Stories naming ActivePipe. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Project Manda, whose AI platform trims wasteful meetings, has collected more than $2 million at pre-seed, with Tech Labs Capital and Black Sheep Capital leading, as it eyes the US market.
Melbourne startup Subble, which helps businesses manage and save on their software subscriptions, has closed a $1 million pre-seed round from entrepreneurs Jordan Walsh and Leon Hayes of Haystack Capital.
Also ARN (ARNnet)
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
Techboard's monthly roundup cataloguing April 2022 Australian startup funding: megadeals, seed rounds, grants and crowdfunding, nine acquisitions, several ASX listings, and venture firms' fund news.
A Cloud Guru co-founder Sam Kroonenburg joins SecondQuarter Ventures as venture partner as it closes $100 million for fund two; the piece also recalls A Cloud Guru's sale to Pluralsight and Moxiwork buying ActivePipe.
Also Techboard·Startup Daily
Secondary-focused VC SecondQuarter Ventures closed $51 million and bought stakes in ActivePipe and Propeller from a founder and Startmate, on top of earlier positions in Athena Home Loans and Equiem.
Melbourne property-marketing software firm ActivePipe has secured a $6 million convertible note from IAG's Firemark Ventures and the US realtors' venture arm, bridging toward a Series B amid strong American growth.