Company
Every investor coverage indicates participated in a round Raiz Invest raised.
Every published round Raiz Invest 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.
Companies Raiz Invest has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Raiz Invest, as distinct from the investments it has made.
Companies Raiz Invest has backed that another company then bought. An exit for the holding, not a deal Raiz Invest did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Raiz Invest is recorded as having been acquired. | ||||
The transaction that ended Raiz Invest'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 |
|---|---|---|---|---|
| - | IPO | 2018 | - | Startup Daily |
Companies Raiz Invest acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Superestate | Acquisition | 28 May 2021 | $9.5m | Aura Group portfolio, Australian FinTech |
Stories naming Raiz Invest. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Raiz Invest has appointed Juliana Nguyen and Paul Rogan as non-executive directors effective 13 January 2025, each chairing a board committee; both bring financial services, marketing and wealth management experience.
Raiz Invest founder George Lucas has raised $2.5 million pre-seed for YBL.AI, which builds AI assistants for financial advisers, and plans to move the company's domicile to the US.
Raiz Invest has launched its Raiz Property Fund, letting users allocate part of their portfolios to residential property, with dedicated property portfolios for its micro-investing and super products.
Raiz Invest's co-founder and joint group CEO George Lucas will depart at the end of December 2022, while Brendan Malone becomes sole MD and CEO and Stuart Grimshaw takes over as chair from Harvey Kalman.
Profile of Sydney fintech GetReminded, whose app alerts consumers before recurring bills fall due so they can shop around; the founders recount its origins, past angel backing and a live crowdfunding raise.
Raiz Invest has appointed experienced director Philippa Taylor as a non-executive director, effective February 2021, adding governance and executive expertise as the fintech pursues growth across Australia and Southeast Asia.
Raiz Invest has appointed Stuart Grimshaw as a non-executive director from December 2021, replacing retiring director David Gordon; Grimshaw brings decades of financial services experience from roles at EZCORP and Bank of Queensland.
Australian micro-investing firm Raiz Invest has promoted Weiwei (Alex) Gao to Chief Financial Officer from 1 July 2021, drawing on his finance background at Instreet Investment and long involvement with the business.
Aura Ventures announces its portfolio company Superestate has agreed to be bought by Raiz Invest through 5.3 million shares, valuing Superestate at A$9.5 million, with completion expected late May or early June 2021.
Also Australian FinTech
Raiz Invest's monthly update reports customer and funds under management growth, a completed capital raise, and a proposed acquisition of Superestate still subject to consents.
Share-trading platform Superhero launches with an $8 million round led by Zip's Larry Diamond, with other Zip and Afterpay figures investing; Afterpay's Nick Molnar had backed an earlier seed round.
Also Australian FinTech·SmartCompany·SmartCompany·SmartCompany·SmartCompany
Question-and-answer profile of Melbourne wealth-tech platform Tanggram, covering its origins, four co-founders, earlier angel and seed backing, and plans for a Series A.
Plastiq.it, a cashback rewards startup co-founded by Andrew Banks, closed its $400,000 equity crowdfunding offer ahead of schedule, valuing the business at $12.9 million after an earlier $1.15 million raise.