Startup · $183.5m raised
Sydney, NSW
Every investor coverage indicates participated in a round Stake raised.
| Investor | Rounds | Invested |
|---|---|---|
| DST Global Partners | Series A · Series A · Series A | - |
| Tiger Global | Series A · Series A · Series A | - |
| Dan Silver | Unnamed stage | - |
| Kenneth Hodgson | Unnamed stage | - |
| Leigh McPherson | Unnamed stage | - |
| Matt Leibowitz | Unnamed stage | - |
| Sergio Kulikovsky | Unnamed stage | - |
Companies Stake acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Stake. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.
Ten13's post explains why it led Flyweel's pre-seed round with QIC, Antler and angel investors, backing a platform bringing real-time financial visibility and funding to advertising spend.
Flyweel, a Queensland fintech for financing and managing ad spend, has banked $2.41 million in a pre-seed round Ten13 led, with Antler, QIC and several founder-angels aboard; a US launch comes first.
Queensland fintech Flyweel has closed a pre-seed round led by Ten13, with Antler, QIC and several fintech founders and executives backing, to help businesses fund advertising ahead of revenue.
Waterhouse VC hosts a recorded webinar in which Spinlab co-founder Leon Lanen demonstrates the company's white label online casino platform and discusses its background and features.
Weekly roundup covering 19 Australian and New Zealand raises, headlined by Andromeda Robotics' $23m Series A, plus Freckle, Marloo, X-Hemp, Harvest B, Wable, Starboard and Techstars Sydney's 12-startup cohort.
Also SmartCompany
Forbes Australia profiles billionaire Ed Craven's funding of MainCode, a Melbourne venture where chief executive Dave Lemphers leads a team building Australia's own large language model on home soil.
BetaShares has acquired investing podcast Equity Mates for a reported $8.5 million; founders Bryce Leske and Alec Renehan will keep running it, with past backing from Matt Leibowitz, Larry Diamond and Magellan.
Lendi Group has appointed four senior leaders across content, marketing, creative and PR, rounding out its growth leadership as the Aussie Home Loans owner also flags further roles.
Weekly roundup of three Australian raises: adtech firm Cuttable's seed round, Fundabl's equity round and SeenCulture's funding, naming investors, plus new Cuttable co-CEOs and a board appointment.
Bridging lender Bridgit has banked a $14.6m equity round through OIF Ventures plus a $125m debt facility, positioning the Surry Hills startup for Australia's looming intergenerational wealth handover.
Also OIF Ventures portfolio·Australian FinTech·Startup Daily·Startup Daily·SmartCompany·Australian FinTech·Australian FinTech
Investing platform Stake has named Jon Howie its new chief executive, with co-founder Matt Leibowitz shifting to an executive director role after seven years at the helm.
Investment platform Stake has hired Jon Howie, a financial services veteran with past roles at BlackRock, iShares, Macquarie Bank and VGI Partners, as Chief Commercial Officer to drive product innovation and growth.
Australian brokerage Stake names former Perpetual and MLC chief Geoff Lloyd as board chairman, citing his three decades of financial services leadership as the firm reports growth in assets and customers.
Investment platform Stake has launched its Stake Black premium membership, adding advanced trading tools for both US and Australian markets, priced monthly, as it passes one million trades and two billion dollars under administration.
Techboard's monthly roundup cataloguing April 2022 Australian startup funding: megadeals, seed rounds, grants and crowdfunding, nine acquisitions, several ASX listings, and venture firms' fund news.
Australian digital broker Stake launches Stock Lending, letting customers earn income on lent US shares, with the article recalling its recently completed $90 million Series A round.
Weekly tech wrap: cloud-market trends, Tiger Global's cheques into Stake, Shippit and Carma, new VC funds, several acquisitions, grocery delivery startups Send and Quicko collapsing, and Elaine Stead joining M8 Ventures.
Also Startup Daily
AfterWork Ventures reflects on backing Stropro in February 2020, explaining why the platform opening structured bank products to sophisticated investors fits its unbundling-of-banks thesis and Asia-Pacific ambitions.
Online trading platform Stake raised A$90 million in Series A funding from Tiger Global and DST Global Partners, with law firm Corrs Chambers Westgarth advising on the transaction.
Share trading app Stake secured a $50 million Series A extension from Tiger Global and DST Global Partners, a year after its initial $40 million round, lifting total funding to $90 million ahead of a crypto launch.
Also SmartCompany·Australian FinTech·Startup Daily·Startup Daily
Investment note announcing the firm's lead of Bridgit's $7.7 million Series A. Covers the bridging-loan fintech's product, traction, market, and founders' backgrounds at Stake, MoneyMe and KPMG.
Australian landlord tool RentBetter has picked up $1.9 million from unnamed backers including wealthy individuals and industry partners, with plans to hire, build product and market itself.
Australian comparison website Finder has raised $30 million from Future Now Capital after 15 years bootstrapped, valuing it at $650 million, as it pursues cryptocurrency and Web 3 opportunities.
Also Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily
Tiger Global led a US$16.5m secondary funding round in construction software firm Assignar, co-led by SecondQuarter Ventures, with Fifth Wall and HighSage taking part; past backers and a $20m Series B are recalled.
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%.
Non-bank lender TechLend has launched in Australia offering interest-free bridging loans to property buyers. Founded by Aaron Bassin and Nick Jacobs, it has received seed investment from Stake's Matt Leibowitz.
A weekly technology roundup reporting a New Zealand booking software firm's sale, an Australian beauty retailer's acquisition, several venture raises, executive share sales at an e-commerce firm, and a new government fund committee.
A funding roundup covering Hnry's trans-Tasman expansion raise, Josef's legal-tech round with US investors, and Beta Technologies' large electric aircraft Series A backed by Amazon's climate fund.
Tiger Global led a $40 million round into Stake, an Australian zero-brokerage trading platform, with DST Global partners joining. Previously bootstrapped, the company will use the capital to expand internationally.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Australian FinTech
Australian micro-influencer marketplace Tribe has secured $5.5 million in pre-IPO funding from Saville Capital, Cyan Capital and SG Hiscock, with chief executive Anthony Svirskis weighing an IPO amid strong public-market appetite for tech stocks.
A profile of open banking API provider TrueLayer, covering its founding, backers, Australian leadership and expansion plans, with no new funding, hires or transactions announced.
Investment app Stake closed a $3.5 million round from individual backers including incoming chairman Sergio Kulikovsky, and says it is now profitable with roughly $3.5 million in yearly revenue.
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