Startup · $34.8m raised
Sydney, NSW
Programs: x15ventures (Xccelerate 2020) · x15ventures (Xccelerate)
Every investor coverage indicates participated in a round OwnHome raised.
| Investor | Rounds | Invested |
|---|---|---|
| CBA | Series A · Accelerator | $150,000 |
| x15ventures | Series A · Accelerator | $150,000 |
| Afterwork | Series A · Seed | - |
| Afterwork Ventures | Series A · Seed | - |
| CommBank | Series A | - |
| Entrée Capital | Series A · Seed | - |
| Global Founders Capital | Series A · Seed | - |
| NAB Ventures | Series A | - |
| Possible Ventures | Series A · Seed | - |
| Square Peg Capital | Series A | - |
| Inventures | Seed | - |
Companies OwnHome acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming OwnHome. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
OwnHome has secured a $31 million Series A, with Square Peg Capital leading and Commonwealth Bank joining, as returning backers double down on its low-deposit route into home ownership.
Paytron won x15ventures' Xccelerate 2022, receiving a $250,000 SAFE note plus access to CBA's ecosystem. The piece recalls its earlier $4.35 million seed round backed by Carthona Capital and Picus Capital.
Australian fintech OwnHome, backed by CommBank, has officially launched its deposit-gap homebuying service in Brisbane after a beta trial, with co-founder James Bowe announcing the expansion.
OwnHome hires Janez Debevec as Head of Capital Markets to expand its debt and financial management capabilities, with co-founder James Bowe welcoming the structured finance veteran.
Techboard's monthly roundup reports February 2022 raises including Scalapay's A$692m Series B, Employment Hero's $181m and Karbon's $93m, My Rewards' ASX listing, and investor deal notes on OwnHome, Kepler Analytics and Blakthumb.
Ignition Lane's weekly tech roundup: AirTree raises $700m across three new funds, dozens of Australian startups announce rounds, a wave of acquisitions including Block completing its Afterpay buy, plus Web3 commentary and US market moves.
AfterWork Ventures explains why it reinvested in OwnHome's $31 million Series A led by Square Peg with Commonwealth Bank, having backed the rent-to-buy startup's pre-seed round in July 2021.
Also Square Peg Capital portfolio·Square Peg Capital portfolio·Startup Daily·Australian FinTech·Startup Daily·Techboard·Australian FinTech·Australian FinTech·businesstories.com
AfterWork Ventures explains why it joined OwnHome's July pre-seed round, profiling the rent-to-buy startup's founders, its debt facility, customer traction, and the housing affordability problem it tackles.
Community-backed VC fund AfterWork Ventures has collected $10 million in commitments toward a $30 million target, with founders including Simon Griffiths investing, and has hired Jessy Wu as head of community.
Also Startup Daily
Weekly roundup reporting Invoice2go's sale to Bill.com, raises by Go1, Employment Hero, InDebted and others, Rokt's secondary sale, Wildcard Ventures' launch, plus global deals including Zoom-Five9 and Salesforce-Slack.
AfterWork Ventures interviews OwnHome's co-founders about their friendship, earlier careers and choice to build a startup helping first-home buyers, which recently raised $3.6 million in a pre-seed round with Global Founders Capital and Entrée Capital.
Also AfterWork Ventures·Australian FinTech·Startup Daily·Australian FinTech
Home-buying startup OwnHome won CBA-backed x15ventures' Xccelerate 2020 program, receiving $150,000 in funding as the program's winner.
Four startups in Commonwealth Bank's x15ventures Xccelerate program pitch for a $150,000 investment, with the winner to be announced; givvable won the inaugural program in July.