Investor · 3 deals
Sydney, NSW
Every published round Citi 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 |
|---|---|---|---|---|---|---|
| Household Capital Pty Ltd | Unnamed stage | Dec 2021 | $300m | Participant | Australian FinTech, Techboard | |
| Judo | Venture debt | 2020 | $350m | Participant | Startup Daily (Thu 7 May 2020), SmartCompany (Thu 7 May 2020), Startup Daily (Tue 30 Jul 2019), SmartCompany (Mon 29 Jul 2019) | |
| Grow Super | Series B | 5 Jul 2019 | $17m | Participant | Startup Daily, Australian FinTech |
Companies Citi has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Grow Super | 5 Jul 2019, Series B | 1 | 0 | |
| Household Capital Pty Ltd | Dec 2021 | 1 | 0 | |
| Judo | 2020, Venture debt | 1 | 0 |
Fund closes reported for Citi, as distinct from the investments it has made.
Companies Citi has backed that another company then bought. An exit for the holding, not a deal Citi did.
| Name | Role | Sources |
|---|---|---|
| Anto Joseph | Banker (former) | Australian FinTech |
| Anto Joseph | Adviser (former) | SmartCompany |
| Chris Jewell | Head of Institutional Sales (former) | Australian FinTech |
| Damon Hauenstein | Director (former) | Australian FinTech |
| Dr Asher Freilich | Healthcare Investment Banker (former) | SmartCompany |
| Tony Holt | Investment Banker (former) | Forbes Australia |
| Tyler Radke | Senior Cloud Analyst | tech-insider.org |
Stories naming Citi. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
DealStreetAsia's weekly review of Asia-Pacific private markets: India's September funding rebound, new venture rounds and fund closes across the region, a preschool group's buyout, and takeaways from the publisher's summit.
Venture firm Square Peg has confirmed two funds holding more than $1 billion between them, alongside a look back at its biggest bets, sell-downs and the acquisitions that delivered windfalls.
Also Dealroom
Analysis of OpenAI's completed $122 billion raise at an $852 billion post-money valuation, covering NVIDIA, Amazon and SoftBank participation, a bank credit facility, retail demand, and a delayed IPO plan.
Also forkast.news
Analysis of OpenAI's completed $122 billion raise at an $852 billion post-money valuation, examining its mix of vendor compute, contingent commitments, retail participation and debt, and arguing the company now operates as an infrastructure utility.
Also finance.yahoo.com
Analysis of OpenAI's record Series F close, its investor lineup, revenue climb, valuation scepticism, earlier rounds, employee share sales, and its path toward a possible public listing.
Sydney-based CleanPeak Energy has agreed to buy Sustainable Energy Infrastructure's 27-project portfolio of solar and battery assets; the piece also recalls KKR's $550 million backing and CleanPeak's earlier purchase of Photon Energy's Australian assets.
Spend management firm Weel has expanded Damon Hauenstein's role to cover both chief financial and operating duties, alongside recent executive appointments and a new partnership with Nium and Visa.
DigitalX's outlook on real-world asset tokenisation: market growth since 2022, institutional pilots by major banks and asset managers, regulatory frameworks, and its DxART Fund's expansion plans for 2024.
Weekly roundup of funding rounds at eleven Australian startups, including a $28 million Series B, a $14 million raise paired with an acquisition, and a neural-implant company appointing a new chief executive.
Airwallex appoints Justin Yek as Head of Strategic Finance and Corporate Development and Jon Stona as Global Head of Marketing, both joining its global leadership team as the payments platform pursues 2023 expansion.
Home equity retirement funder Household Capital has completed a Series C raise, bringing Genworth in alongside Legal & General as strategic investors, while a Genworth executive joins its board.
Also Techboard
AfterWork Ventures reflects on backing Stropro in February 2020, explaining why the platform opening structured bank products to sophisticated investors fits its unbundling-of-banks thesis and Asia-Pacific ambitions.
Square Peg explains its rationale for leading Athena's Series B, joined by Hostplus and Airtree, with analysis of the Australian mortgage market, the challenger lender's model, and its founding and senior team.
Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·Crunchbase News
DiviPay has hired former Citi banker Damon Hauenstein as CFO, citing rapid growth, over 1,500 paying customers and a successful funding round earlier this year.
Techboard's year-end roundup catalogues November funding activity: big raises for Rokt, Harrison.ai and Pet Circle, five acquisitions, Investible's second fund closing at $51.6m, plus a watchlist of companies still seeking capital.
Also Australian FinTech
Payments firm Split Payments promotes Chris Jewell to CEO and hires Matthew Zaina as COO and Graham Hayworth as CFO, strengthening leadership during rapid revenue and headcount growth at its Byron Bay base.
Daily venture briefing reporting eight startup funding rounds, Bayer's deal for AskBio, a Petlove-DogHero merger, NTTVC launching a $500 million fund, and Ant Group's planned record IPO.
Australian FinTech reports that structured products platform Stropro has launched, backed by venture firm Seed Space and partnered with fintechs bronID, Automic Group and eNoah iSolution, led by ex-Citi banker Anto Joseph.
A year-end roundup profiling twelve startups to watch in 2020, recalling their 2019 funding rounds, grants, accelerator cohorts, partnerships and growth plans across food tech, legaltech, cybersecurity and other sectors.
Market research startup Qualie raised $1 million in seed funding from high-net-worth individuals including Simon McKeon, Michael Borsky, Mehrdad Baghai and Tony Ward, having won clients such as Google without marketing.
Also SmartCompany
GROW Super has launched TINA, a distributed ledger platform for superannuation funds and wealth platforms, and raised $17 million in a Series C round backed by Citi, R3 and Greenstone Financial Services.
Also Startup Daily
Softbank's Vision Fund has invested US$800 million in Greensill Capital, reportedly valuing the working capital finance provider above $5 billion, with founder Lex Greensill aiming to overtake Citi globally.