Founder, Luxury Escapes · angel in 2 deals
Every published round Adam Schwab 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 |
|---|---|---|---|---|---|---|
| Officely | Seed | 22 Dec 2021 | $2.8m | Participant | Startup Daily, Ten13 portfolio | |
| Brandcrush | Unnamed stage | 17 Sep 2019 | $1m | Participant | Startup Daily (Wed 8 Mar 2023), Startup Daily (Fri 4 Oct 2019), SmartCompany |
Companies Adam Schwab has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Brandcrush | 17 Sep 2019 | 1 | 0 | |
| Officely | 22 Dec 2021, Seed | 1 | 0 |
Fund closes reported for Adam Schwab, as distinct from the investments it has made.
Companies Adam Schwab has backed that another company then bought. An exit for the holding, not a deal Adam Schwab did.
Stories naming Adam Schwab. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Dealroom reports Sydney investment house Ellerston Capital plans to buy at least a 12% stake in travel platform Luxury Escapes at a $525 million valuation, with board representation and an expected two-to-three-year exit.
Grant Arnott's Click Frenzy and Power Retail have entered liquidation and receivership, drawing warm public messages from e-commerce peers; Tanarra Capital, which invested in 2016, no longer holds a stake.
Also Startup Daily
Melbourne fintech pay.com.au has banked $25 million for a US push, Morgans Corporate leading, with Wilson Asset Management, Thorney Group and Ophir participating, at a pre-money valuation of $633 million.
Payment rewards platform Pay.com.au has raised $25 million led by Morgans Corporate, with $28 million of existing shares also sold, valuing the company at $633 million as it pushes into America.
Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Dealroom·Fintech News Australia
Startmate reflects on a decade of backing founders, profiling breakout alumni across its cohorts and describing how its mentors reinvest in newer startups, alongside its fund model and returns.
Retrospective timeline of Catch's journey from its 2006 launch through Tiger Global's investment, the Menulog and Luxury Escapes deals and Wesfarmers' $230 million acquisition, to Wesfarmers' announced wind-down.
Criteo has bought marketing platform Brandcrush, handing its backers, including Rampersand and Startmate, an exit; the piece recalls the company's 2019 raise and Startmate accelerator background.
Australian beauty booking marketplace Bookwell is being acquired by London-based rival Fresha, with Bookwell's high-profile investors receiving Fresha shares. The piece also recalls the founders' earlier EatNow merger and Fresha's Series C extension.
Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily
Desk booking startup Officely has raised a seed round led by TEN13 with angel backers to grow its team and product. Its founders previously ran HotelFlex, a Y Combinator-backed hotel booking venture sidelined by Covid.
A weekly technology roundup reporting a New Zealand booking software firm's sale, an Australian beauty retailer's acquisition, several venture raises, executive share sales at an e-commerce firm, and a new government fund committee.
An experiential marketing marketplace founded a year ago has secured seven figures from a Sydney venture firm, an angel and an accelerator backer as it scales and eyes the US.
Twin brothers run Unyoked, renting tech-free cabins on rural land near cities, and are mid-way through a two million dollar raise backed by angels and other investors including Luxury Escapes co-founder Adam Schwab.