Company

Sparesbox

Investors

Every investor coverage indicates participated in a round Sparesbox raised.

Investor	Rounds	Invested
No investors recorded yet. Know one?

On a portfolio page

Investors whose own portfolio pages list Sparesbox, even though we haven't found any coverage of the round yet.

Investor	Listed on
MA Financial Group	its portfolio page ↗
MA Growth Ventures	its portfolio page ↗

Who bought Sparesbox

The transaction that ended Sparesbox'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
GPC Asia Pacific	Acquisition	2019 (recalled in later coverage)	-	Australian FinTech (Tue 22 Mar 2022), Aura Group portfolio, Australian FinTech (Tue 1 Jun 2021)

What Sparesbox bought

Companies Sparesbox 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
Sparesbox is not recorded as having acquired anything.

People

Name	Role	Sources
Nicolas Scudamore-Smith	Founder	Australian FinTech (Tue 22 Mar 2022), Startup Daily (Tue 22 Mar 2022), SmartCompany, Australian FinTech (Tue 1 Jun 2021), Startup Daily (Mon 31 May 2021)

Coverage

Stories naming Sparesbox. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

2 deals

Fintech Driva lands $6 million raise to become famous for car financing

Driva has raised $6 million in a round led by Carthona Capital, with follow-on backers and angels joining, to double headcount, build its brand, and expand into trade-ins and vehicle listings.

Startup Daily Tue 22 Mar 2022 Driva Cars 24 Carsales Credible Goldman Sachs McKinsey & Company Sparesbox Carthona Capital Invictus Games Nicolas Scudamore-Smith Stephen Dash James Synge Peter Gammell Scott Montarello Will Brown

Also Australian FinTech

News

Finding The Exit: Australian VC exits and market roundup

Commentary piece on VC exit strategies (IPO, trade sale, secondary sale) referencing recent Australian tech M&A deals and venture funding rounds including Sendle, UpGuard, Sonder and others.

8 deals

Finding the Exit

Aura Group's analysis of venture capital exits, reviewing recent Australian deals such as MessageMedia's sale and several funding rounds, then explaining the three liquidity paths: IPOs, trade sales and secondary sales.

10 deals

The startup funding round: NFTs in your cereal box, $1.5 million for high-tech ticketing, and an SME banking solution

Weekly roundup of startup funding: raises by Paytron, Kanopi, Listing Loop, Driva, Tixel, Alt Saints, Travello, Hey Bud and Volt, Tenacious Ventures closing a $35 million agritech fund, and Forter's Series F.

Also Startup Daily·Startup Daily·Startup Daily

Seed $3m

Car finance platform Driva banks $3m in seed funding

Australian car finance comparison platform Driva closed a A$3 million seed round led by Carthona Capital, with angels Stephen Dash and Nicolas Scudamore-Smith joining existing backers Peter and Daniel Gammell.