Michael Higgins

Nine Aussie startups that raised $38.3 million this week

Roundup of nine local startups that together banked a combined $38m-plus this week, spanning precision instruments, proptech, adtech, robotics, food, energy storage and AI, with several earlier raises recalled.

Also Australian FinTech·Startup Daily·SmartCompany·AgFunderNews

Loopit achieves SOC 2 compliance, sets new standard in data security for car subscription industry

Vehicle subscription software firm Loopit says it has attained SOC 2 data-security compliance, with help from Vanta and an audit by Johanson Group, strengthening trust for its enterprise clients.

Loopit further expands team appointing Alex Omar as the new Customer Success Manager

Sydney car subscription software firm Loopit has hired Alex Omar as Customer Success Manager, its latest team addition following a $3.6 million capital raise, with co-founder Michael Higgins welcoming the appointment.

Loopit launches world-first innovative fraud prevention solution TruPass for mobility services

Car subscription software firm Loopit has released TruPass, a digital KYC and fraud prevention suite for mobility providers, following a recent AUD$3.6 million external capital raise.

Phil Gilbert Motor Group teams up with Loopit to bring car subscription to more Aussie drivers

Sydney dealership group Phil Gilbert partners with subscription platform Loopit, which also recently completed a 3.6 million dollar seed round led by Tidal Ventures with Upswell Ventures and Luxem participating.

Also Tidal Ventures portfolio·SmartCompany·SmartCompany·Australian FinTech·Australian FinTech

Loopit appoints Nima Idel as Head of Product Growth to support business expansion

Car subscription software firm Loopit hires Nima Idel to lead product growth, shortly after completing its first external capital raise of $3.6 million as it plans further expansion.

HIVERY, mx51, Refundid, and more: Local startups raise over $100 million in recent weeks despite market fearmongering

A roundup of Australian startups that raised funds in recent weeks: mx51, Refundid, Storipress, HIVERY, InternMatch, upcover, Pearler and Loopit together secured over $100 million despite a cooling venture market.

Also Cut Through Venture

Investment Notes: Loopit

Tidal Ventures' investment note explains why it led car-subscription software firm Loopit's seed round, covering market tailwinds, the platform, the Higgins brothers' background and the business model.

Also SmartCompany·SmartCompany·Australian FinTech·Australian FinTech·Australian FinTech