Protecht

2025 state of raising: $1.8 billion in – as late-stage deals boom

Tracxn figures show Australian tech funding reached $1.8 billion by mid-2025, powered by large late-stage rounds at Protecht, Airwallex, Harrison AI and Advancell, while seed and early-stage raising fell away sharply.

Veteran Sydney software company that bootstrapped for 22 years cashes in with $445 million sale

Sydney risk-and-compliance software firm Protecht has sold a majority stake to US firm PSG Equity for US$280 million, giving Arrowroot Capital an exit three years after leading the bootstrapped company's first raise.

Sydney risk management software company Protecht raises $42 million series A

Sydney enterprise risk management software firm Protecht has raised a $42 million Series A from California growth equity firm Arrowroot Capital to fund product features, customer service and global expansion.

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