Startup · $3.5m raised
Every investor coverage indicates participated in a round Kaddy raised.
| Investor | Rounds | Invested |
|---|---|---|
| John Szangolies | Unnamed stage | - |
| KTM Ventures | Unnamed stage | - |
| SpringCapital | Unnamed stage | - |
The transaction that ended Kaddy'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 |
|---|---|---|---|---|
| WineDepot | Acquisition | 18 Oct 2021 | $34m | Startup Daily (Thu 5 Oct 2023), Startup Daily (Mon 18 Oct 2021) |
Companies Kaddy acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Kaddy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Antler reaches final close on its second Australian fund with commitments nearing A$60 million, backed by Snow Foundation, Geoff Harris and Roger Allen, and hires early Uber Australia employee Mike Abbott as partner.
Online gin retailer Gintonica has entered administration weeks after being put up for sale, with the article also recalling administrations at Kaddy Group and BoozeBud and Milkrun now operating under Woolworths.
Drinks marketplace Kaddy has been bought by Digital Wine Ventures, WineDepot's parent, for $34.25 million in cash and shares, with over $5 million set aside for the platform; it raised $3.5 million in 2020.
Weekly roundup reporting numerous Australian and New Zealand startup raises, Icehouse Ventures securing fund capital, GitLab's IPO, two acquisitions, Clover's closure, and Openpay's debt facility.
Also Startup Daily
Drinks marketplace Kaddy has secured $3.5 million from existing and new backers despite pandemic pressure, following an $800,000 seed round last year, with revenue nearly doubling month on month.
Also SmartCompany