CEO · Founder, Mitti
Stories naming Luke Anear. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
SafetyCulture, an Australian unicorn selling workplace-safety software, has rebranded as Mitti. Luke Anear, who founded it, is chief executive again, and insurance plus AI now anchor its growth plans.
Forbes Australia reports the workplace-safety unicorn's new name and its expanding insurance arm, with founder Luke Anear back as chief executive.
Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.
Long-time SafetyCulture chief Luke Anear hands the reins to Kelly Vohs while moving to the chair; the piece also recaps the firm's recent raises, valuation dip and backer changes.
SafetyCulture secured $75 million of fresh capital plus $90 million from existing shareholders selling shares, valuing the operations software company at $2.5 billion. Airtree, Blackbird, Morpheus Ventures, Hostplus and HESTA joined the round.
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TEN13's investor letter celebrates passing $100 million deployed, plus fresh backing for iion and Switchboard, team promotions, AutoGrab's overseas growth and NZ-arm sale, and the Mr Yum–Me&U merger.
Weekly roundup of eight Australian startups together securing $149 million: One Model, SafetyCulture, Hysata, Pendula, Marqo, Medigrowth, Curiious and Zena Sport, spanning HR analytics, safety tech, hydrogen, AI, medicinal cannabis, VR and sportstech.
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SafetyCulture closed a $34 million round with Morpheus Ventures, Marbruck Investments and Index Ventures, lifting its valuation to $2.7 billion. Bigger investor and employee share sales are still only plans.
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Robyn Denholm has joined SafetyCulture's board as a director, adding to her Tesla chairmanship and Technology Council role, replacing long-serving director and Blackbird co-founder Rick Baker.
SafetyCulture founder Luke Anear says he threatened to redomicile the company in the US over a reported $61 million loss, and that the federal government has since contacted him about changing auditing rules.
Roundup covering Victorian zero-emission bus trials, Frew Foods' planned plant expansion, 5B's layoffs and completed capital raise, Wellnex Life's convertible note raising, SafetyCulture investing in Inauro, plus wind farm and university research news.
Video analytics firm Unleash live raised an $8 million series A led by SafetyCulture, with Patagorang Investment Group also investing, to fund an AI apps store and US expansion.
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Funding roundup: Zoomo and Chemist2U raise new rounds, First AML launches in Australia after its Series A, Frank Body closes private equity backing, and Quasar Satellite Technology receives Main Sequence investment.
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Workplace safety software firm SafetyCulture closed a $99 million round led by Insight Partners, lifting its value to $2.2 billion, with existing backers participating and employees again selling down equity.
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Australian workplace safety software firm SafetyCulture raised $73 million at a $1.6 billion valuation, led by Insight Partners, with existing backers participating; the article also recalls its EdApp acquisition.
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SafetyCulture's founder tells a federal inquiry Australia must restore grant funding, simplify employee equity and ease tech visas to build a world-class startup culture, citing his own grant-backed growth from a Townsville garage.
SafetyCulture took $14 million in fresh capital inside a larger transaction letting early backers and staff sell shares, valuing it above $1.3 billion, with Blackbird leading and Index following; it also acquired EdApp.
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SafetyCulture makes its first acquisition, buying training startup EdApp in a deal valuing it at $40 million, after previously investing $9 million including a convertible note.
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SafetyCulture raised $60.5 million led by TDM Growth Partners, reaching a $1.3 billion valuation, with roughly half the money letting long-serving employees sell vested equity.
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Write-up of Luke Anear's talk at an eGroup event, recounting SafetyCulture's growth from a Townsville garage, its Blackbird and Atlassian backing, funding history, and the founder taking some money off the table.
A year-end roundup of Australia's largest 2018 startup capital raises, covering Judo Capital, Deputy, Airwallex, Inflazome, SafetyCulture, Culture Amp, Canva, Havven, Athena, Ansarada and Data Republic, with investors and earlier rounds recalled.
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