Startup · $43m raised
Sydney, NSW
Every investor coverage indicates participated in a round Flare HR raised.
| Investor | Rounds | Invested |
|---|---|---|
| Acorn Capital | Series C | - |
| David Fite | Series C | - |
| Malcolm Turnbull | Series C | - |
| Microsoft | Series C | - |
| MYOB | Series C | - |
| Point 72 Ventures | Series C · Series B | - |
| Reinventure Group | Series B | - |
Investors whose own portfolio pages list Flare HR, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Five V Capital | its portfolio page ↗ |
The transaction that ended Flare HR'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 |
|---|---|---|---|---|
| MYOB | Acquisition | 3 Oct 2022 | - | Fintech News Australia, Techboard, Startup Daily (Mon 3 Oct 2022), Startup Daily (Thu 15 Sep 2022), SmartCompany |
Companies Flare HR 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 |
|---|---|---|
| Dan Cohen | Founder | Startup Daily, Reinventure |
| David Fite | Special Advisor | Startup Daily |
| Geoff Lloyd | Chair | Startup Daily |
| James Windon | co-CEO · Founder | Startup Daily (Thu 15 Sep 2022), SmartCompany, Startup Daily (Fri 12 Apr 2019) |
| Jan Pacas | Founder | Startup Daily (Fri 12 Dec 2025), SmartCompany, Startup Daily (Tue 9 Dec 2025), Startup Daily (Tue 24 Oct 2023), Startup Daily (Thu 15 Sep 2022), Startup Daily (Mon 14 Feb 2022), Startup Daily (Mon 6 Sep 2021), Wholesale Investor |
| Jim Matheson | CMO | Startup Daily |
| Liz Crawford | CTO | Startup Daily |
| Malcolm Turnbull | Special Advisor | Startup Daily |
Stories naming Flare HR. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Stone & Chalk named Stela Solar its new CEO, replacing Chris Kirk. Solar, formerly of Accenture and the National AI Centre, aims to enhance AI support for Australian startups.
Funding roundup led by Airwallex's US$330 million Series G at a $12 billion valuation, with raises from Kasada, Hnry, All G, Bless Payments and Emanda, plus earlier rounds recalled.
Also Startup Daily
Sydney biotech All G raised $10 million via convertible note from Agronomics, Doehler's venture arm and ID Capital, alongside a joint venture with France's Armor Protéines to push its fermented lactoferrin products globally.
Ranking of Australia’s five best-funded fintechs — Airwallex, Athena, Zeller, InDebted and Brighte — profiling each one’s total raised, most recent raise, backers, valuation and growth moves.
All G Foods spins its Love Buds plant-based range into a merger with Fenn Foods' vEEF, forming a new entity; All G pivots to fermented dairy, with both companies' earlier raises recapped.
Techboard's September 2022 roundup reports Australian raises led by Morse Micro's $140m Series B, several acquisitions including ResApp Health to Pfizer, fund closes by Telstra Ventures, OIF and Main Sequence, and open raises.
Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.
Also Centerstone Capital portfolio·Startup Daily·SmartCompany·6clicks.com·ARN (ARNnet)·Centerstone Capital portfolio·Techboard·Startup Daily
MYOB has taken full ownership of Sydney HR and payroll fintech Flare, converting its existing stake into a takeover, giving exits to venture backers who had invested over $50 million across several prior rounds.
MYOB has bought workplace financial services platform Flare for an undisclosed sum, building on a 2020 partnership and investment, as it moves beyond accounting to serve small businesses.
Also Startup Daily·Startup Daily·Startup Daily·Techboard·Fintech News Australia
Woolworths' corporate venture arm W23 has added an undisclosed multi-million-dollar investment to its backing of Sydney alt-protein maker All G Foods, which had earlier raised a $16 million seed round in late 2021.
Also Startup Daily·AgFunderNews·@AuManufacturing·SmartCompany·Startup Daily·SmartCompany·Startup Daily
Accounting software company MYOB led a Series C investment in HR platform Flare, joined by existing backers and a former prime minister, who also takes an advisory role alongside a new commercial partnership.
Workplace benefits startup Flare says a recent $21 million round from four investors is funding new products, executive hires and a new Sydney headquarters as it expands its employee financial wellbeing offering.
Flare HR has closed a $21 million Series B led by New York's Point 72 Ventures, with existing backer Reinventure continuing its support, aiming to grow locally in employee engagement and payroll.