Venture capital fund · 1 deal
Every published round H2 Ventures 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 |
|---|---|---|---|---|---|---|
| Divipay | Accelerator | 2016 | $100k | Lead | Startup Daily, Australian FinTech |
Companies H2 Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Divipay | 2016, Accelerator | 1 | 1 |
Fund closes reported for H2 Ventures, as distinct from the investments it has made.
Companies H2 Ventures has backed that another company then bought. An exit for the holding, not a deal H2 Ventures did.
| Name | Role | Sources |
|---|---|---|
| Ben Heap | Founding Partner (former) | Forbes Australia, Australian FinTech, Startup Daily, internationalfintech.com |
Stories naming H2 Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Profiles three founders: Kismet's Mark Woodland ($4m pre-seed for disability-services software), Forage's Tom Brumskill and Pasha Rayan (job-simulation platform, Series A and B), and Diolog's Amy Benson (self-funded investor-communications startup planning a seed round).
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.
Sydney school-fees lender Edstart raised $10 million from HEAL Partners, with NAB Ventures reinvesting after leading its 2019 Series A. Funds will double its 30-person team as it expands school partnerships.
Pocket money app Spriggy has secured a $35 million Series B, led by NAB's venture arm alongside Perennial and returning backer Grok, to fund growth including tripling headcount.
Also Startup Daily
DiviPay has raised another $1.7 million in its Series A, led by ANZi, lifting its total funding to $4 million after a 2019 first instalment and earlier H2 Ventures accelerator backing.
Commonwealth Bank's venture scaler x15ventures has named Ben Heap its first independent non-executive chairman and Jane Martino its first external portfolio advisor, adding fintech and start-up experience to its board and investment committee.
Commonwealth Bank's venture builder x15ventures appoints Ben Heap as its first independent non-executive chairman and Jane Martino as its first external portfolio adviser to its investment committee.
Antler Australia streamed its first virtual Demo Day to over 2000 viewers, presenting twelve startups built through its five-month program, and unveiled two new initiatives supporting women founders and online company-building training.
Sydney expenses-management startup DiviPay has raised a $2.3 million Series A led by ANZ's venture arm ANZi, with Seed Space Ventures and former Pepper Money chief Patrick Tuttle also investing.
Also Startup Daily·Startup Daily·Startup Daily·Australian FinTech
Profile of Sydney-based lender MoneyMe covering its leadership team, recalled capital raises in 2017 and 2018, industry awards, and its stated plan to pursue a public listing on the Australian Stock Exchange.
AI platform Nod has closed an oversubscribed AUD$2 million pre-Series A round, with Netwealth's Matt Heine among the backers, and has recently appointed a Head of Growth and a Chief Technology Officer.
Business loan marketplace Valiant has completed an $800,000 seed round led by Reinventure, with H2 Ventures and angel investors participating, while operating from the Stone & Chalk fintech hub.