Startup · $234m raised
Sydney, NSW
Every investor coverage indicates participated in a round Siteminder raised.
| Investor | Rounds | Invested |
|---|---|---|
| AustralianSuper | Unnamed stage · Unnamed stage | - |
| Bailador Technology Investments | Unnamed stage | - |
| BlackRock | Unnamed stage · Unnamed stage | - |
| Ellerston | Unnamed stage | - |
| Ellerston Capital | Unnamed stage · Unnamed stage | - |
| Fidelity | Unnamed stage | - |
| Fidelity International | Unnamed stage | - |
| Les Szekely | Unnamed stage | - |
| Pendal Group | Unnamed stage · Unnamed stage | - |
| TCV | Unnamed stage · Series B | - |
| Washington H, Soul Pattinson | Unnamed stage | - |
Investors whose own portfolio pages list Siteminder, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Five V Capital | its portfolio page ↗ |
| Grand Prix Capital | its portfolio page ↗ |
The transaction that ended Siteminder'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 | 8 Nov 2021 | $1.4b | Startup Daily (Mon 6 Feb 2023), Startup Daily (Mon 8 Nov 2021) |
Companies Siteminder acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Ajain Vivek Thankaswamy | Product Builder (former) | Startup Daily (Wed 9 Jul 2025), Startup Daily (Mon 6 May 2024) |
| Daniel Kimber | Product Builder (former) | Startup Daily (Wed 9 Jul 2025), Forbes Australia, Startup Daily (Mon 6 May 2024) |
| Jenny Macdonald | Director | Startup Daily |
| Mike Ford | Chairman · Founder | SmartCompany (Thu 1 Dec 2022), Startup Daily (Tue 5 Jul 2022), retailbiz.com.au, alkye.com, SmartCompany (Wed 4 May 2022), SmartCompany (Wed 4 May 2022), Startup Daily (Tue 3 May 2022), SmartCompany (Fri 3 Dec 2021), Startup Daily (Mon 8 Nov 2021) |
| Pat O'Sullivan | Director | Startup Daily |
| Sankar Narayan | CEO | Startup Daily (Mon 6 Feb 2023), Startup Daily (Mon 8 Nov 2021), SmartCompany, Startup Daily (Tue 14 Sep 2021), TechCrunch Australia |
| Tim Howard | Chief Financial Officer | Startup Daily |
| Trent Innes | Chief Growth Officer | Startup Daily |
Stories naming Siteminder. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian grid-modelling startup Neara raised a $90 million Series D led by TCV, valuing the company above $1 billion, funding ML and expansion.
Italian hotel-tech firm Zucchetti is widening its integration with ASX-listed SiteMinder, connecting more of its hospitality products to the Sydney company's platform so mutual hotel clients can capture extra booking revenue.
Weekly roundup of ten Australian and New Zealand startup raises totalling nearly $194 million, topped by Neara's $90 million round at a $1.1 billion valuation, with Splose, Operata, HAMR Energy and Adora also covered.
Neara joins the unicorn club after a TCV-led $90 million Series D at a $1.1 billion valuation, with existing backers participating; funds will fuel global expansion and engineering hires.
Forbes Australia profiles EatClub co-founder Pan Koutlakis, whose restaurant discount app raised $18.2 million in a Series A led by Co:Act Capital to fund UK expansion after a near-collapse during COVID.
Sydney AI customer-support startup Brainfish has secured a $9.8 million pre-Series A, with Prosus Ventures leading and existing backers Peak XV's Surge and Macdoch Ventures participating, to fund its US expansion.
Also SmartCompany·SmartCompany
Bailador's stake in DASH has grown 59% to $44.7m after the Sydney-based fintech signed a fresh raise at a higher valuation; the piece also recalls its earlier investments and stakes in PropHero and Rosterfy.
Weekly roundup of seven Australian and New Zealand raises totalling $42.8 million, spanning property-investment AI, workforce credentialing, allied-health practice software, conversation analytics, maths learning games, copper processing and holiday-park bookings.
SmartCompany reports digital health platform Updoc raised $20 million from ASX-listed investor Bailador, its first external capital, and notes the telehealth sector's recent funding activity, including InstantScripts' earlier sale to Wesfarmers.
Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·Forbes Australia·Forbes Australia·Forbes Australia
Sydney AI property-investment platform PropHero raised a $25 million Series A led by Bailador, who provided half, with five other investors participating; Bailador co-founder David Kirk joins PropHero's board.
Also Capital Brief·Startup Daily·realestatebusiness.com.au·proptechnews.com.au·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·proptechaustralia.com.au
Weekly roundup reporting nine Australian startups that together secured roughly $104 million across sports tech, semiconductors, regtech, legal automation, SaaS, edtech, agtech and biotech, with Vald's $36 million the largest.
Also Techboard
Boat rental marketplace Floatspace has added Amaysim co-founder Rolf Hansen as an investor and board member, and is now seeking a $3 million Series A to grow in Australia and the US.
OIF Ventures republishes an AFR report on NetApp buying Canberra data-technology firm Instaclustr for a reported $500 million-plus, covering founder paydays and the fund's returns, including a 20-times outcome on its early backing.
Cloud accounting practice management firm Karbon has secured a large new investment from US firm Tidemark Capital, its second backing within a year, lifting the business's worth roughly fivefold since early 2021.
Also SmartCompany·Techboard
Accounting software firm Karbon raised US$66 million led by Tidemark Capital, following earlier 2021 and 2018 raises. The piece also recalls Paycycle's sale to Xero and notes CBA's investment in Paypa Plane.
Roundup of nine startup raises totalling $70 million, including Q-CTRL's Series B, Foundry Lab's round led by Blackbird, and EnGeneIC's crowdfunded COVID-19 vaccine raise, plus a new Elenium Automation board member.
Hotel commerce platform SiteMinder listed on the ASX, raising $627 million and closing its debut up 38% at a $1.88 billion valuation, after a $100 million pre-IPO raise.
Also Startup Daily
Weekly roundup reporting Australian raises including Zero Co, MOBI and CipherStash, Cashrewards' takeover agreement, Shebah's collapse, WeWork's NYSE listing, crypto regulation recommendations and SiteMinder board appointments.
Also Australian FinTech·Cut Through Venture·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany
Weekly roundup reporting numerous Australian and New Zealand startup raises, Icehouse Ventures securing fund capital, GitLab's IPO, two acquisitions, Clover's closure, and Openpay's debt facility.
Also Startup Daily
Equity crowdfunding platform Birchal reports a record September 2021 quarter for CSF raises, and the article rounds up September's large venture rounds including Airwallex, Canva, Cover Genius and Scalapay.
Also Wholesale Investor
Sydney insurtech Cover Genius raised a $100 million Series C led by Sompo Holdings to reach unicorn valuation, with G Squared participating, capping a strong month for Australian startup funding rounds.
Weekly roundup covering Canva's huge raise and rich-list climb, a run of Australian startup funding rounds including SiteMinder and Mable, Domain's purchase of IDS, and Mailchimp's sale to Intuit.
Also Startup Daily·Australian FinTech·Cut Through Venture·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech
Airwallex has raised a US$200 million Series E at a US$4 billion valuation, led by Lone Pine Capital, with its founders also unveiling a $200 million fund amid a wave of big local raises.
SmartCompany reports Mable and SiteMinder have each landed nine-figure cheques, from General Atlantic and Fidelity International respectively, with a Right Click Capital partner tipping more big deals as the local ecosystem matures.
Also SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Republished AFR report recalls Go1's earlier backing and Series C investors, including OIF, while its reported Series D at a billion-dollar valuation remains in progress and a listing is flagged.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup News (WA)·TechCrunch Venture·TechCrunch Venture
Daily roundup reporting Databricks' billion-dollar Series G, Robinhood's emergency raise during the trading saga, DesignCrowd's $10 million pre-IPO funding, Xinja's wind-up vote, and record Australian venture capital in 2020.
Also Startup Daily
Profile of Hudled, a SaaS management dashboard built by two co-founders, which has secured part of its target funding, signed early customers, and came through Antler Australia's Sydney accelerator program.
Also Startup Daily
Ellerston Capital's JAADE private assets fund, co-led by ex-Aristocrat CEO Jamie Odell, reports a strong first year and ambitions to raise up to $500m; its holdings include Mable, Camms and SiteMinder.
Ellerston Capital's post announces hotel-booking firm SiteMinder raised over $100 million from BlackRock, Ellerston Capital, Pendal Group and AustralianSuper, becoming a billion-dollar company, and promotes its JAADE private assets fund.
Also Ellerston Capital portfolio·TechCrunch Venture·SmartCompany·SmartCompany·Startup Daily
SiteMinder raised from BlackRock at a $1.1 billion valuation, becoming Australia's first unicorn of 2020, joined by AustralianSuper, Ellerston and Pendal; Bailador reported a partial stake sale.
Sydney VC firm Equity Venture Partners closed a $35 million second fund for early-stage B2B software, having already backed four startups, while Investec reached a $45 million first close on its emerging companies fund.
A Bailador partner advises Australian founders on attracting US venture capital, citing past raises by Canva, SafetyCulture, Culture Amp, SiteMinder and Instaclustr from American investors.