Three Australian startups that landed over $22 million this week
A weekly roundup reporting three Australian startups that raised funds: Cauldron's seed round, Lumiant's seed extension, and FLAIM Systems' Series A, each with lead investors named.
Startup · $7.1m raised
Sydney, NSW
Every investor coverage indicates participated in a round Lumiant raised.
| Investor | Rounds | Invested |
|---|---|---|
| Invest Blue | Seed | - |
| Savant Wealth Management | Seed | - |
Companies Lumiant acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Santiago Burrige | CEO | SmartCompany |
| Santiago Burridge | CEO and Co-founder | Australian FinTech (Thu 2 Jun 2022), Startup Daily, Australian FinTech (Wed 16 Jun 2021), Australian FinTech (Thu 1 Apr 2021), Australian FinTech (Mon 23 Nov 2020) |
| Ash Plaskett | Head of Communications and Marketing | Australian FinTech |
| Guy Ligertwood | Senior Product Designer | Australian FinTech |
| Allirah Rehac | Training and Relationship Manager | Australian FinTech |
Stories naming Lumiant. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
A weekly roundup reporting three Australian startups that raised funds: Cauldron's seed round, Lumiant's seed extension, and FLAIM Systems' Series A, each with lead investors named.
Sydney-founded advice platform Lumiant has received a $3 million investment from US wealth manager Savant Wealth Management, its first US customer, to fund American expansion; Savant's CEO joins Lumiant's board.
Financial advice platform Lumiant has prolonged its Equitise crowdfunding round, attracting $630,000 more toward a valuation of up to $12.9 million, with the offer closing on June 22.
Also Australian FinTech
Advice software startup Lumiant has drawn over $600,000 in public commitments for an extended seed crowdfunding round run via Equitise, following its earlier $1.17 million raise, with the offer due to close in June.
Also Startup Daily
Australian advice platform Lumiant announced several team appointments across communications, customer success and product, following an earlier capital raise of over $1 million run through Equitise.
Cut Through Venture's debut quarterly newsletter rounds up Q1 2021 raises across Australian and New Zealand startups, highlighting crowdfunding, fintech dominance, active investors, and two newly launched startups currently seeking backers.
Australian adviser software firm Lumiant launches an equity crowdfunding raise overseen by Equitise, already passing its minimum target ahead of a planned early-2021 go-live.