Investment Notes: Vinyl
Tidal Ventures sets out why it led the seed investment in Vinyl, whose software turns accounting firms' client conversations into structured insights, profiling the market, product plans, and founding team.
Angel investor · Co-founder and CEO, Ignition
Every published round Guy Pearson 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 |
|---|---|---|---|---|---|---|
| Medoo | Pre-seed | 26 Jul 2022 | - | Participant | Afterwork Ventures portfolio (Tue 26 Jul 2022), Afterwork Ventures portfolio (Fri 27 May 2022), Afterwork Ventures portfolio | |
| Divipay | Series A | 17 Dec 2021 | $20m | Participant | SmartCompany, Startup Daily, Australian FinTech | |
| Cake Equity | Seed | 15 Mar 2022 | $2.2m | Participant | Australian FinTech, Startup Daily | |
| AuditCover | Seed | 11 Apr 2022 | $1.7m | Participant | Techboard, Startup Daily |
Companies Guy Pearson has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| AuditCover | 11 Apr 2022, Seed | 1 | 0 | |
| Cake Equity | 15 Mar 2022, Seed | 1 | 0 | |
| Divipay | 17 Dec 2021, Series A | 1 | 0 | |
| Medoo | 26 Jul 2022, Pre-seed | 1 | 0 |
Fund closes reported for Guy Pearson, as distinct from the investments it has made.
Companies Guy Pearson has backed that another company then bought. An exit for the holding, not a deal Guy Pearson did.
Stories naming Guy Pearson. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Tidal Ventures sets out why it led the seed investment in Vinyl, whose software turns accounting firms' client conversations into structured insights, profiling the market, product plans, and founding team.
Weekly roundup covering fresh raises by four Australian startups: Ignition's banking facility, HEO Robotics' Series A, Laronix's seed round and Haast's pre-seed, plus a past ACT grant.
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Secondaries fund SecondQuarter has reached an $83m first close on its second vehicle, aiming past $100m, with founder-angels and Minderoo among new backers; its portfolio includes past sales of ActivePipe and A Cloud Guru.
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AfterWork Ventures explains why it led coaching-software startup Medoo's pre-seed round, profiling its two founders' operating backgrounds and arguing workplace trends will drive adoption of coaching tools.
Tax audit insurtech AuditCover has raised a $1.7 million seed round led by Hunter Equity Group, with angels and Greenlight Re participating, and appointed Claire Wivell Plater as a director.
Also Techboard
Gold Coast stakeholder management startup Cake Equity has raised a $3 million seed round co-led by Jason Calacanis and Rampersand, with angels including Airtasker's Jonathan Lui, to support global expansion.
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Sydney spend-management startup DiviPay has secured a $20 million Series A to drive international expansion, product development and team growth, backed by Global Founders Capital, Rapyd Ventures and individual investors.
Weekly roundup of Australian startup raises, including Airwallex's Series E extension, Fleet Space's Series B and Montu's record crowdfunding, plus Giant Leap raising $19.5 million toward a $50 million second fund.
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Australian client engagement platform Practice Ignition raised a Series C led by JMI Equity with Tiger Global and EVP participating, to fund global growth and US partnerships.
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Practice Ignition's chief executive recounts lessons from the firm's recently closed $26 million Series B, explaining why the round's size pushed the Australian software company toward a global venture investor.
Cloud practice-management software firm Practice Ignition has raised a $26 million Series B led by Tiger Global, with MYOB co-founder Craig Winkler and Right Click Capital also investing, to grow its team and global client base.
Also Startup Daily·SmartCompany·Startup Daily·Australian FinTech