Investor · 1 deal
Every published round Metricon 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 |
|---|---|---|---|---|---|---|
| Honey Insurance | Seed | 18 Jun 2021 | $15.5m | Lead | Forbes Australia, SmartCompany (Fri 12 Apr 2024), SmartCompany (Fri 18 Jun 2021), Startup Daily, TechCrunch Australia |
Companies Metricon has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Honey Insurance | 18 Jun 2021, Seed | 1 | 1 |
Fund closes reported for Metricon, as distinct from the investments it has made.
Companies Metricon has backed that another company then bought. An exit for the holding, not a deal Metricon did.
| Name | Role | Sources |
|---|---|---|
| Mario Biasin | CEO | Startup Daily |
Stories naming Metricon. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian insurtech momentum examined: Honey Insurance's Series A and Cover Genius's raise led Q2 2024 funding, while an Airtree partner argues incumbents have left insurance open to technology-driven challengers.
Also SmartCompany
Home insurer Honey Insurance has raised a $108 million Series A led by US firm Gallatin Point Capital, following a seed round backed by RACQ, AGL, Metricon, Mirvac and PEXA.
Building software startup canibuild has banked an $8 million Series A, with EVP leading and Regal Funds Management also taking part, to fuel its expansion across existing and new markets.
Also Techboard
Weekly funding wrap covering several raises including Honey Insurance's record seed round, OCR Labs' Series A, and Ena Respiratory's COVID-19 nasal spray funding, plus Investible's second fund first close.
Honey Insurance has raised $15.5 million in seed funding backed by RACQ, PEXA, Metricon and founders of Zip and Afterpay, to launch its smart-home insurance offering.
Australian home insurer Honey Insurance launched with a A$15.5 million seed round, reportedly the country's largest, led by insurers and property firms alongside several fintech executives investing personally.
Also Startup Daily·SmartCompany·SmartCompany·Forbes Australia
Weekly roundup column covering Zoom's record quarter, Redbubble reaching unicorn valuation, founder share sell-downs, a new secondary fund launch, and funding rounds for mental health and e-commerce startups.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Women's Agenda