Investor · 3 deals

Ellerston

Disclosed deals

Every published round Ellerston 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
Lifelenz	Unnamed stage	7 Feb 2022	$32m	Lead	Tidal Ventures	SmartCompany, Startup Daily, Tidal Ventures portfolio
Siteminder	Unnamed stage	23 Jan 2020	$70m	Participant	AustralianSuper Ellerston Capital Pendal Group BlackRock	Startup Daily, SmartCompany (Fri 30 Jul 2021), Ellerston Capital portfolio (Mon 29 Jun 2020), Ellerston Capital portfolio (Thu 23 Jan 2020), SmartCompany (Fri 17 Jan 2020), TechCrunch Australia
Mable	Unnamed stage	May 2019	$15m	Participant	JAADE Fund	Startup Daily (Fri 18 Jul 2025), Startup Daily (Mon 13 Sep 2021), Ellerston Capital portfolio

Portfolio

Companies Ellerston has backed in a published round, and companies whose existing shares it bought off another holder.

Company	First invested	Rounds	Led
Lifelenz	7 Feb 2022	1	1
Mable	May 2019	1	0
Siteminder	23 Jan 2020	1	0

Funds

Fund closes reported for Ellerston, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Ellerston yet.

Portfolio companies acquired

Companies Ellerston has backed that another company then bought. An exit for the holding, not a deal Ellerston did.

Company	Bought by	Kind	Announced	Price
No portfolio company of Ellerston is recorded as having been acquired.

Portfolio shares sold

Companies Ellerston has backed where it sold shares it held to another investor. An exit for the holding; the company carries on.

Company	Announced	Amount	Valuation	Bought by	Sources
Tyro Payments	Mar 2020	-	-	not named	Ellerston Capital portfolio, Startup Daily (Mon 2 Dec 2019), Startup Daily (Thu 21 Nov 2019), Startup Daily (Wed 20 Nov 2019)

People

Name	Role	Sources
Carl Jackson	Director	Ellerston Capital portfolio
Geoff Kleeman	Chairman	Ellerston Capital portfolio
Matt Rockman	Director	Ellerston Capital portfolio
Michael Malone	Director	Ellerston Capital portfolio
Naseema Sparks	Director	Ellerston Capital portfolio
Peter Tonagh	Director	Ellerston Capital portfolio

Coverage

Stories naming Ellerston. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

43 deals

Ignition Lane's Weekly Wrap: The Great Reengagement, backing Web3, riding the markets & the big local raises

Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.

Startup Daily Mon 7 Feb 2022 Airtable AirTree Ventures Alta Andreessen Horowitz AskNicely Binary Tech Buildxact CartonCloud Checkbox Clickup CredShare Cropsy Technologies Cyara Dovetail EstimateOne Eucalyptus Explorate Formus Labs Gathered Here Geora HappyCo HealthEngine Hnry iNSPIRETEK Instant Lifelenz Liftango Milkrun Miro Mosh OwnHome RentBetter Saasguru Samphire Neuroscience Send Send Payments TradeSquare VALD Vivi Voly Afterpay Alphabet Amazon Atlassian Block Bookwell Buyk Canva Car Next Door CBA Chefgood Cisco Commonsense Ventures Dell Technologies Deloitte DoorDash EASI eBay Flourish Fresha Fridge No More Future Now Capital GameStop Getir GoPuff Gorillas HungryPanda Ignition Lane Immutable Linktree Main Sequence Ventures Marley Spoon Meta Microsoft NAB Netflix Octopus Deploy Oracle Percept.ai P&G Prota Therapeutics Regal Funds Management Snap The New York Times Twitter Uber Vodafone Accel Afterwork Blackbird Ventures Bond Ellerston EVP Federal Government Five Elms HAX K1 Investment Left Lane Capital Makers Fund NAB Ventures Parc Capital Corp Potentia Capital Queensland Investment Corporation Sequoia Square Peg Capital Tidal Ventures Tiger Global Leigh Jasper Jack Dorsey Mary Meeker Will Davies

Also SmartCompany·Startup Daily·Startup Daily

Exit / M&A

Diagnostics company Lumos to debut on ASX today

Melbourne point-of-care diagnostics maker Lumos Diagnostics debuts on the ASX after a $63 million IPO, backed by institutional funds and existing investors Australian Unity, Perennial, Soul Pattinson and Ellerston.

@AuManufacturing Mon 5 Jul 2021 Australian Unity's Future of Healthcare Fund Ellerston Lumos Diagnostics Perennial Private Investments Planet Innovation Washington H, Soul Pattinson Rob Sambursky

12 deals

Ignition Lane's Weekly Wrap: Atlassian's win in the Salesforce-Slack deal, Shopify sets new records, Afterpay's US sales are tops

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

Unnamed stage $100m+

Investing in private assets is ‘way to go’: Odell

Ellerston Capital's JAADE private assets fund, co-led by ex-Aristocrat CEO Jamie Odell, reports a strong first year and ambitions to raise up to $500m; its holdings include Mable, Camms and SiteMinder.

Also Startup Daily·Startup Daily·Startup Daily

3 deals

SiteMinder becomes latest Aussie unicorn, with $1.1 billion valuation

SiteMinder raised from BlackRock at a $1.1 billion valuation, becoming Australia's first unicorn of 2020, joined by AustralianSuper, Ellerston and Pendal; Bailador reported a partial stake sale.

SmartCompany Fri 17 Jan 2020 Siteminder Airwallex Canva CultureAmp Envato AustralianSuper Bailador Investment Management BlackRock Ellerston Pendal Group TCV Cyan Ta'eed Didier Elzinga

Unnamed stage $10m

Ex-Aristocrat CEO Jamie Odell bets on Mable

Ellerston's post highlights an AFR profile of care platform Mable, which closed a $10 million investment from the firm's JAADE fund in early May, with chairman Jamie Odell holding a personal stake.

Ellerston Capital portfolio Thu 23 May 2019 Mable Aristocrat Leisure Ellerston Capital Foster's Ellerston Jamie Odell Peter Scutt

Also Startup Daily·Startup Daily

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