Investor · 1 deal
Every published round Welas Investment Fund 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Symple Loans | Series C | Jan 2020 | $11m | Participant | Australian FinTech (Mon 22 Feb 2021), Australian FinTech (Mon 9 Dec 2019) |
Companies Welas Investment Fund has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Symple Loans | Jan 2020, Series C | 1 | 0 |
Fund closes reported for Welas Investment Fund, as distinct from the investments it has made.
Companies Welas Investment Fund has backed that another company then bought. An exit for the holding, not a deal Welas Investment Fund did.
| Name | Role | Sources |
|---|---|---|
| Tony Wales | Director | Australian FinTech |
Stories naming Welas Investment Fund. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Melbourne consumer lender Symple Loans has closed a $15 million Series D round, lifting total capital raised beyond $130 million, following an $11 million Series C in 2020 and a broker partnership with AFG.
Symple Loans has closed an $11 million Series C round led by existing shareholders, with new investors Costa Asset Management and Welas Investment Fund, to fund growth and cut loan capital costs.
Also Australian FinTech