Investor · 2 deals
Every published round PEXA 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 |
|---|---|---|---|---|---|---|
| Archistar | Unnamed stage | 18 Jun 2024 | $5m | Lead | SmartCompany, Startup Daily, NAB Ventures portfolio | |
| 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 PEXA has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Archistar | 18 Jun 2024 | 1 | 1 | |
| Honey Insurance | 18 Jun 2021, Seed | 1 | 1 |
Fund closes reported for PEXA, as distinct from the investments it has made.
Companies PEXA has backed that another company then bought. An exit for the holding, not a deal PEXA did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of PEXA is recorded as having been acquired. | ||||
The transaction that ended PEXA's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| CBA | Acquisition | Jan 2019 | $1.6b | Techboard (Wed 20 May 2020), Startup News (WA), Startup Daily (Wed 1 May 2019), Startup Daily (Wed 1 May 2019), Techboard (Wed 6 Feb 2019) |
Companies PEXA acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Every investor coverage indicates participated in a round PEXA raised.
| Name | Role | Sources |
|---|---|---|
| Mark Joiner | Chair | Startup Daily |
| Prabhat Sethi | Chair | Startup Daily |
| Trevor Nelson | Chief Technology Officer (former) | SmartCompany |
Stories naming PEXA. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
RecordPoint has bought Redactive AI, a Melbourne data security startup founded by former Atlassian staff, for an undisclosed sum two years after its founding; Felicis and Blackbird co-led its 2024 seed round.
Angel syndicate FB10X announces an investment in Heatseeker, a market experimentation platform, noting most of its portfolio backs women-founded companies and it has deployed close to half a million dollars since 2022.
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
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
Archistar, whose platform applies AI to 3D building design and planning checks, has added $5 million from NAB Ventures, Skip Capital and Prabhat Sethi, with AirTree having led earlier rounds.
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.
Ignition Lane's weekly technology roundup: climate-tech funding activity, Grok's bid for AGL, King River Capital's digital asset fund, a batch of Australian startup raises, Maropost acquisitions, GigSuper's collapse and a National AI Centre appointment.
Also Startup Daily
Impact VC firm Giant Leap has pulled in over $15 million for its second fund, Giant Leap II, in under four weeks, with new backers including QBE Australia, Mark Joiner and Peter Haasz.
Weekly roundup reporting Gilmour Space's raise, several startup funding rounds, KKR's Education Perfect deal, ASX listings, new funds from Accel and the Albert family, and global tech listings and acquisitions.
Also Forbes Australia
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 covering CBA's strategic stakes in Little Birdie and Amber, several Australian funding rounds, Zip's BNPL acquisitions, Tritium's planned NASDAQ listing, Amazon's MGM purchase and other global tech news.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Women's Agenda
E-commerce tool Preezie has raised $575,000 in a seed round backed by Skalata Ventures and three angel investors, closed within a month despite the pandemic, with a Series A planned in about a year.
Techboard's periodic funding analysis reports record Australian startup funding in March and April 2020, driven by large neobank raises, while declining deal counts suggest an emerging Covid-19 downturn.
Techboard's quarterly report shows record national early-stage funding, driven by PEXA's sale and Airwallex's raise, while Western Australian funding stayed subdued, led by Respiron Pharmaceuticals, several ASX placements, grants and one acquisition.
Techboard's March 2019 quarterly report records over $2.6 billion in startup funding, driven by CBA's PEXA acquisition, Airwallex's unicorn round, several large raises, and a warning that early-stage deal flow is shrinking.
Also Startup News (WA)
Techboard's quarterly report finds March 2019 Australian startup funding passed $2.7 billion, driven by the PEXA sale, while Airwallex's Series C created the period's second local unicorn, though a downturn is forecast.
Techboard's quarterly report tallies funding by Australian startups and young tech firms in late 2018, led by Judo Capital's debt facility, Deputy's series B, and acquisitions of PEXA and Spookfish.
Also Startup News (WA)·Startup Daily·Startup Daily·Techboard·Startup News (WA)·Startup News (WA)·Startup News (WA)
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.
Also Startup Daily·SmartCompany·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Techboard·Techboard·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Forbes Australia·Crunchbase News·Wholesale Investor