Investor · 3 deals
New York
Every published round Level Equity 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 |
|---|---|---|---|---|---|---|
| Simpro | Unnamed stage | Nov 2021 | $485.6m | Participant | SmartCompany (Tue 1 Feb 2022), SmartCompany (Mon 24 Jan 2022), Techboard, SmartCompany (Fri 17 Dec 2021), Startup Daily, SmartCompany (Fri 26 Nov 2021) | |
| Eftsure | Unnamed stage | Nov 2021 | ~$100m | Participant | Techboard, SmartCompany | |
| Instaclustr | Unnamed stage | 2018 | $20.8m | Lead | Startup Daily, SmartCompany |
Companies Level Equity has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Eftsure | Nov 2021 | 1 | 0 | |
| Instaclustr | 2018 | 1 | 1 | |
| Simpro | Nov 2021 | 1 | 0 |
Fund closes reported for Level Equity, as distinct from the investments it has made.
Companies Level Equity has backed that another company then bought. An exit for the holding, not a deal Level Equity did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| Eftsure | Level Equity | Acquisition | 2021 | ~$100m |
| Instaclustr | NetApp | Acquisition | May 2022 | $500m+ |
Companies Level Equity acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Eftsure | Acquisition | 2021 | ~$100m | Our Innovation Fund (Tue 19 Dec 2023), Our Innovation Fund (Tue 7 Dec 2021) |
Stories naming Level Equity. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian payment-fraud prevention company Eftsure has bought US vendor-data firm Relish, its third international expansion in about a year following backer Level Equity's earlier purchase of France's Sis ID; terms undisclosed.
OIF Ventures' year in review: full Eftsure exit, Opportunity Fund close, Visory, DataMasque and Nullify backed, follow-ons at Inspace and Dataweavers, new team members and portfolio milestones.
US software company NetApp is buying Canberra data platform Instaclustr in a deal reportedly exceeding $500 million, nine years after its founding, rewarding early backers including ANU Connect Ventures and Bailador.
Weekly roundup reporting many startup funding rounds, Investible's fund close, Skalata's committed capital, hipages buying Builderscrack, Stack Sports acquiring Team App, and Level Equity's stake purchase in Eftsure.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily
A weekly roundup reporting ten Australian startups that together raised about $372 million, spanning pet e-commerce, marketplace software, fintech, used cars, cybersecurity, freight, data tools, genetic testing and payments anti-fraud.
OIF Ventures reports New York's Level Equity has bought a large stake in Eftsure, letting the Australian backer sell most of its holding, with the same investor recently in simPRO's huge round.
Weekly roundup of nine Australian startup raises, led by SimPRO's $485.6 million round, plus SimPRO's acquisitions of AroFlo and ClockShark and Open Markets Group's buyout of Cannon Trading.
Also Startup Daily·SmartCompany·Techboard·SmartCompany·SmartCompany
A Bailador partner advises Australian founders on attracting US venture capital, citing past raises by Canva, SafetyCulture, Culture Amp, SiteMinder and Instaclustr from American investors.