Startup · $20m raised
Sydney, NSW
Existing Booktopia shares sold by the funds and people who held them. None of this money reached Booktopia, and none of it counts in what Booktopia raised.
| Sold by | Announced | Amount | Valuation | Bought by | Sources |
|---|---|---|---|---|---|
| Dec 2020 | ~$18.1m | - | SmartCompany (Mon 7 Dec 2020), SmartCompany (Thu 5 Nov 2020), Startup Daily |
Every investor coverage indicates participated in a round Booktopia raised.
| Investor | Rounds | Invested |
|---|---|---|
| Champ Ventures | Unnamed stage | - |
| JBS Investments | Unnamed stage | - |
| John Sampson | Unnamed stage | - |
| Su-Ming Wong | Unnamed stage | - |
| Su-Ming Wong | Unnamed stage | - |
Every published round Booktopia 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.
Companies Booktopia has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Booktopia, as distinct from the investments it has made.
Companies Booktopia has backed that another company then bought. An exit for the holding, not a deal Booktopia did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Booktopia is recorded as having been acquired. | ||||
The transaction that ended Booktopia'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 |
|---|---|---|---|---|
| - | IPO | 3 Dec 2020 | $315.8m | Startup Daily (Wed 3 Jul 2024), SmartCompany (Tue 16 Feb 2021), SmartCompany (Mon 7 Dec 2020), Startup Daily (Sun 6 Dec 2020), Startup Daily (Thu 3 Dec 2020), SmartCompany (Thu 5 Nov 2020), Startup Daily (Tue 3 Nov 2020) |
Companies Booktopia acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| University Co-operative Bookshops | Acquisition | 2020 | - | Startup Daily (Tue 3 Nov 2020), Startup Daily (Thu 6 Feb 2020) |
| The Co-op bookshop | Acquisition | Jan 2020 | - | SmartCompany (Thu 5 Nov 2020), SmartCompany (Thu 6 Feb 2020) |
Stories naming Booktopia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup detailing new capital for Australian startups Diraq, BrainFish, RecycleSmart, Cohabit and Five Faces, alongside Alumly's undisclosed multimillion-dollar backing from UK investor Mauve Group.
Also Startup Daily
ASX-listed retailer Booktopia has entered voluntary administration with McGrathNicol partners appointed; the story recalls its 2020 float and the board conflict, executive departures and losses that preceded it.
Wholesale Investor promotional piece recalling Booktopia's $20 million raise from private investors led by Su-Ming Wong and John Sampson, with founder Tony Nash discussing capital raising on a fireside chat.
Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily
Software vendor Freshworks appoints SAP veteran Ben Pluznyk as director and country manager for Australia and New Zealand, following its channel chief hire and local expansion through distributor Synnex.
Book extract by the Equity Mates hosts urging investors to look beyond Australia, mentioning their podcast's December 2020 seed backing from Stake's founder for a reported six-figure sum in return for 8%.
Commentary piece on VC exit strategies (IPO, trade sale, secondary sale) referencing recent Australian tech M&A deals and venture funding rounds including Sendle, UpGuard, Sonder and others.
Aura Group's analysis of venture capital exits, reviewing recent Australian deals such as MessageMedia's sale and several funding rounds, then explaining the three liquidity paths: IPOs, trade sales and secondary sales.
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Wholesale Investor and Hatcher+ plan a joint $10 million fund backing 50 seed-to-series-A startups across Australia, New Zealand and beyond, with investor pre-registration open but nothing yet committed.
Australian investing platform Superhero raised $25 million at a valuation above $100 million, with repeat angel backing from Nick Molnar and Larry Diamond plus Fred Schebesta, Regal Funds Management and Thorney Investment Group.
Also Australian FinTech·SmartCompany·Startup Daily·SmartCompany·Startup Daily
Australian micro-influencer marketplace Tribe has secured $5.5 million in pre-IPO funding from Saville Capital, Cyan Capital and SG Hiscock, with chief executive Anthony Svirskis weighing an IPO amid strong public-market appetite for tech stocks.
Weekly roundup reporting Salesforce's Slack acquisition, several ASX listings, multiple Australian startup raises, OneVentures' fund tranche close, and international deals including Facebook buying Kustomer.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily
Booktopia has released a prospectus to list on the ASX, raising $43.1 million at a $315.8 million market value, after a $20 million private raise and past acquisitions of rival booksellers.
Booktopia has lodged a prospectus to float on the ASX in December at a valuation near $315 million, raising $43.1 million while existing holders sell $18.1 million of stock; it earlier raised $20 million.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily
Share-trading platform Superhero launches with an $8 million round led by Zip's Larry Diamond, with other Zip and Afterpay figures investing; Afterpay's Nick Molnar had backed an earlier seed round.
Also Australian FinTech·SmartCompany·SmartCompany·SmartCompany·SmartCompany
Online bookseller Booktopia has closed a $20 million equity deal led by private investors Su-Ming Wong and John Sampson, shortly after acquiring the collapsed Co-op Bookshop, as founder Tony Nash targets retail dominance.
Also SmartCompany
Online bookseller Booktopia secured a $20 million private capital raise led by Su-Ming Wong and John Sampson, following a cancelled crowdfunding attempt, and had recently acquired the University Co-operative Bookshops.
Also SmartCompany·Startup Daily·SmartCompany·Startup Daily·Wholesale Investor
Sydney search-optimisation software firm Longtail has raised $2.5 million from individual backers including Seek's co-founder, valuing it at $25 million, to fund sales expansion across Australia, the UK and the US.
Booktopia's crowdfunding via Equitise drew only $900,000 in commitments, missing its floor, with the money to be refunded; CEO Tony Nash is now negotiating with a high net-worth investor while pushing growth plans.