Company · Software
Every published round Spotify 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 Spotify 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 Spotify, as distinct from the investments it has made.
Companies Spotify has backed that another company then bought. An exit for the holding, not a deal Spotify did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Spotify is recorded as having been acquired. | ||||
Companies Spotify 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 |
|---|---|---|---|---|
| Sonalytic | Acquisition | 2017 | - | SmartCompany (Fri 2 Feb 2024), TechCrunch Australia, SmartCompany (Wed 24 Jan 2024) |
| Name | Role | Sources |
|---|---|---|
| Andreas Ehn | Chief Technology Officer (former) | SmartCompany |
| Johnny Hunter | TechCrunch Australia, SmartCompany | |
| Kate Vale | Managing Director (former) | Women's Agenda, TechCrunch Venture, Startup Daily |
| Martin Gould | TechCrunch Australia, SmartCompany |
Stories naming Spotify. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of three trans-Tasman raises: Ordermentum landed $55m from Five V Capital, defence-tech firm Arkeus closed $25m, and music platform Lume gathered NZ$1.3m from well-known backers before its launch.
Also Startup Daily
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.
Melbourne pet-health startup Elita Genetics stores animals' stem cells collected at desexing; the piece covers its new budget subscription tier and notes a seven-figure pre-seed raise backed by Startmate and others.
A Blackbird partner argues AI has revived vertical software by turning hard-to-sell customers into product-led buyers, noting the firm recently backed three such startups and recalling Aconex's sale to Oracle.
Also buildxact.com
Linktree adds scheduling and archiving tools plus video fetching. The Australian firm also hired a chief product officer and two AI leads, and last year bought Koji and Bento.
Linktree has brought on two audio AI specialists and a new product chief as it pushes into AI-driven commerce; the hires previously built sound-recognition startup Sonalytic, sold to Spotify in 2017.
A year-end SmartCompany roundup counting down 2023's ten largest Australian startup raises, headed by Employment Hero's $263m Series F, with investor details and commentary on fewer mega-rounds and continued under-representation of women co-founders.
Agentio launches its creator-ad platform on a $4.25 million seed round from Craft Ventures and AlleyCorp, with co-founders Arthur Leopold and Jonathan Meyers; the page touts a $40 million Series B with Forerunner leading.
Roundup of eight Australian startup raises totalling $433m, topped by Employment Hero's $263m Series F and Skykraft's $120m round; Darwinium, Konvoy Kegs, The Martec and three Birchal crowdfunds complete the week.
Also AgFunderNews
Employment Hero raised a $263 million Series F led by TCV, reaching a $2 billion valuation, with existing backers reinvesting; Skykraft announced a $120 million raise.
Australian HR software firm Employment Hero has banked a large Series F led by US investor TCV, lifting its valuation towards $2 billion, with several existing backers also taking part.
Sydney HR-and-payroll firm Employment Hero announced a TCV-led Series F reaching unicorn valuation; the profile covers its products, remote workforce and global ambitions, citing rival raises.
Also Tech Funding News - Australia·TechCrunch Venture·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·employmenthero.com·employmenthero.com
Employment Hero has landed a $263 million Series F with TCV at the helm, pending foreign investment sign-off, valuing the HR software firm at $2bn.
Also Tech Funding News - Australia·TechCrunch Venture·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·Forbes Australia·employmenthero.com·employmenthero.com·TechCrunch Venture
HR platform Employment Hero announced a Series F of $263 million with TCV leading, valuing the company at $2 billion, pending foreign investment approval, to speed global expansion.
Also Tech Funding News - Australia·TechCrunch Venture·SmartCompany·Startup Daily·Techboard·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Forbes Australia·proactiveinvestors.com·employmenthero.com·employmenthero.com·Forbes Australia·TechCrunch Venture·Crunchbase News
ALIAVIA Ventures has closed its debut fund at A$13.5 million. The US-based firm backs female founders bridging Australian and US markets; backers include Carol Schwartz, Tattarang, the Denholms, Euphemia, Dom Pym and Cynthia Scott.
Also SmartCompany·Women's Agenda·Forbes Australia·TechCrunch Venture
Ignition Lane's weekly roundup: Zip's deal for Sezzle, Zeller's unicorn raise, several Australian funding rounds, Startmate backing Provvy, a space manufacturing grant, NZVC's first close, and tech's response to Russia.
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.
Payments platform Zepto, rebranded from Split Payments, has hired Carolyn Breeze as Chief Commercial Officer and Matthew O'Leary as Chief People Officer as it pursues a growth strategy built on open banking.
Book extract by the Equity Mates hosts urging investors to look beyond Australia, mentioning their podcast's December 2020 seed backing from Stake's founder for a reported six-figure sum in return for 8%.
Square Peg's podcast interviews Retrain.ai founder Isabelle Bichler-Eliasaf about closing the skills gap; the episode notes Retrain's August 2021 round bringing in Splunk, and recalls her earlier Israeli venture Tohar.
Square Peg's podcast special explores how founders build talent engines, featuring interviews with leaders from Deputy, Vend, Aconex, Fiverr, Zeller and others, published alongside the firm's search for a new Head of Talent.
Square Peg podcast interview with Airwallex co-founder Lucy Liu covering her journey building the cross-border payments firm, which became Australia's fastest unicorn after a US$100 million round led by DST Global.
Also Square Peg Capital portfolio·TechCrunch Venture·Techboard·SmartCompany·Australian FinTech·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Australian FinTech·Startup News (WA)·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech·Forbes Australia·TechCrunch Venture·TechCrunch Venture
Singapore data firm Near hires Ed Lowther-Harris as Australia and New Zealand managing director and David Raitt as general manager; it has also recently acquired data intelligence specialist UM, formerly UberMedia.
SourseAI has raised $1.5 million led by Aligned Equity and Southern Cross Austereo to expand its machine learning platform helping executives make data-driven decisions, with SCA applying it to audience personalisation.
Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·sourse.ai·radiotoday.com.au·globalawards.news
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
Weekly roundup covering Main Sequence's second-fund close, operating partner hires at Blackbird and AirTree, raises by Sea Forest, Adventus.io, Halter and others, acquisitions by Equiem, Stripe and Toyota, plus Big Tech earnings.
Daily tech roundup: Blackbird Ventures appoints Tesla chair Robyn Denholm as operating partner; Apple and Epic's court fight begins; Victoria launches EV subsidies; SpaceX returns a station crew; Blue Origin teases seat sales.
Roundup of overseas tech news: Deliveroo's London debut disappoints, Spotify acquires sports-audio firm Betty Labs, Apple posts record quarterly revenue, and Cameo's Series C makes it a unicorn.
Ignition Lane's weekly technology roundup: Seequent and Neto acquisitions, imminent listings for AirTasker and MadPaws, large venture rounds at Stripe, Yotpo, PatSnap, SecurityScorecard, Appfire and OpenSea, plus new fund plans and ecosystem news.
Also SmartCompany·Startup Daily·SmartCompany·Startup Daily·Business News Australia
Banking software firm Mambu announced a 110 million euro round led by TCV, with Tiger Global and Arena Holdings joining, lifting its valuation to 1.7 billion euros and unicorn status.
Weekly newsletter rounds up venture news: multiple Australian and regional VC fund closes, startup raises including Brighte and Judo, acquisitions of eNett and Sine, neobank collapses, and new revenue-based lenders.
Also Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech·Australian FinTech·TechCrunch Venture
Vurbl, a US audio streaming startup, has raised a seed round backed by Australian syndicate TEN13, angel Kate Vale, and LA funds AlphaEdison and Halogen Ventures, ahead of its launch.
Atlassian has acquired Swedish asset management platform Mindville, terms undisclosed, and separately reported 29% quarterly revenue growth and a US$1.6 billion annual revenue for fiscal 2020.
Antler is expanding its startup generator to Sydney, offering stipends and later investment to aspiring founders, with Bede Moore and Anthony Millet leading the Australian program.
Commentary discusses rumours Slack may pursue a direct listing, asking whether outside shareholder pressure after going public could erode the collaborative culture and innovative spirit behind the workplace messaging platform.
A Q&A with the Plexus chief executive covering the company's 2011 founding, its Legal Gateway platform, client pricing reform, emerging legal roles, and his outlook for the profession.
Nurture Her speaker page profiling Vinomofo's chief executive, covering the wine e-commerce firm's growth since 2011, overseas expansion, a US partnership and industry awards.