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Logistics scheduling software startup Veyor Digital has raised $2.75 million in a pre-Series A with its eyes on US market expansion. The round was led by Sydney VC Investible via its Early Stage Fund 2 alongside members of its Club Investible syndicate and other angel investors, as well as Aconex cofounders Leigh Jasper and Rob Phillpot’ via their family offices Saniel Ventures and Gravel Road Ventures.
Home insurance disruptor Honey Insurance has landed the third-largest ever series A funding round for an Australian tech company – $108 million – after nabbing market share from less innovative incumbents by using artificial intelligence and smart home sensors to bring down premiums.
Open banking facilitation startup Adatree has been acquired by Sydney small business payments provider Fat Zebra for an undisclosed sum. The Sydney regtech platform was the first early-stage startup approved to take part in Australia’s open banking system as Accredited Data Recipient (ADR) for the Consumer Data Right (CDR).
Queensland construction industry procurement platform ProcurePro has raised $6.15 million as it looks to take on the UK market. The company’s first external round was backed by AirTree and industry expert Leigh Jasper through his VC fund Saniel Ventures.
Workplace wellness technology start-up Sonder has banked another $16 million from investors in a Series B extension round at a big valuation uplift, Street Talk can reveal.
Many doctors are overwhelmed by paperwork, leaving them stretched thin, with less time to see patients. Based in Melbourne with plans to expand around the world, Heidi Health wants to ease the burden of administrative tasks by using AI to turn consultation transcripts into case histories, referral letters, financial forms and other documents. It also builds detailed clinical histories for providers and patients, helping them get more out of each visit.
Legal industry collaboration platform Nexl has raised $6.6 million in a Series A as it looks to modernise business law. The round was co-led by Shearwater Capital and existing backer EVP. The business has now raised $10 million in 2023.
Leigh Jasper, who sold his previous technology company Aconex to US software giant Oracle for $1.6 billion in 2017, is back on the tools, forming a new start-up called Firmable, which has already attracted $9 million from well-known investors, keen to see if lightning can strike twice.
Many doctors are overwhelmed by paperwork, leaving them stretched thin, with less time to see patients. Based in Melbourne with plans to expand around the world, Heidi Health wants to ease the burden of administrative tasks by using AI to turn consultation transcripts into case histories, referral letters, financial forms and other documents. It also builds detailed clinical histories for providers and patients, helping them get more out of each visit.
