Techboard

Prospa tops the Techboard Ranking for a Second Time – July 2017

04/08/201707/11/2017 Peter van Bruchem

The Australian startup and tech sector continues to achieve great things. This month Techboard has collected data on 1,390 companies, thats 140 or more than 10% more than last month, collected 532 news items, identified 138 milestones and 35 funding events. We will be publishing our summary of the News, Milestones and Funding events that we collected this month in our Techboard Company Traction Report out next week. Subscribe at the foot of the page to get our Newsletters or Sign up to get free access to the full ranking results and Traction Reports on Techboard.

Prospa was Australia's hottest startup in July, with strong news coverage of its $20m venture debt funding from US-based Partners for Growth. The NSW company was also the first ever fintech to receive the 2017 Telstra New South Wales Medium Business Award, and it featured in CB Insights' Fintech 250. This is the second time that Prospa has topped the Techboard Ranking, the last time in February on the back of its $25m round led by Airtree Ventures. Speaking to Techboard, Beau Bertoli, Joint CEO and co-founder said:

Techboard Partners with OFX

02/08/201704/08/2017 Peter van Bruchem

Jetstar to ROKTstar – Techboard talks to Bruce Buchanan CEO of Sydney Startup ROKT

27/07/201730/08/2017 Peter van Bruchem

Our friend Robin Block spoke recently with Bruce Buchanan, CEO of Sydney born ROKT, a transaction marketing firm that provides e-commerce companies and performance marketers the capability to connect with customers just as they make an online purchase. ROKT has successfully established an international presence and grown annually at near 100 per cent since 2012. This expansion is slated to continue as the company secured AU$ 34.5 million in capital investment earlier this year for a number of initiative, particularly acquisitional expansion. Robin spoke to Bruce about high-growth businesses and taking Australian brands international. (ROKT was the second highest ranked company in the Techboard Ranking of trending Australian startups and young tech companies for June 2017.)

Techboard Report reveals over $625M in funding

18/07/201715/01/2018 Peter van Bruchem

This is the third funding report we have published, and the first time we have covered the whole of Australia – an exciting milestone for Techboard! The report only includes funding events (including equity, debt, acquisition and grants) confirmed in the June 2017 quarter, involving startups and young tech companies which are eligible for a listing on Techboard. We put together our funding reports based on the data collected in the course of running the monthly Techboard Ranking, supplemented with intel from Techboard’s many investor contacts across the country.

Three core elements to include in your startup pitch

12/07/201712/07/2017 Peter van Bruchem

Our friend Cam Sinclair from Ammo Marketing and a couple of Startups, most recently Veri.vote/Mithryl has put together a great post with tips for pitching for investment. This article is about fundamentals to convince your audience, not about building pitch decks (that’s for another post). Cam was the first to respond to our call for guest bloggers or topics put out in a recent Techboard newsletter. Over the coming months Techboard will be bringing insights from a variety of different sorts of investors to its readers. If you have any suggestions as to issues you would like addressed OR if you would like to contribute a guest blog post please contact the Techboard Team.

Pitching your startup to investors can be a daunting experience. You have to convince a room full of decision makers that your little pet project is better than the thousands of other investment options out there. You must compress the highlights of months or years of blood sweat and hard work into a matter of minutes. All while remaining calm, confident and convincing. As a keen tech startup pitch nerd, I have taken part in many of these things (you can see my pitch for veri.vote here), and watched hundreds of others sweat bullets while trying to persuade a room full of onlookers that their idea is worth considering. Read More

Techboard Company Traction Report June 2017

07/07/201710/07/2017 Peter van Bruchem

Welcome to Techboard’s Company Traction Report for June 2017. In these reports we highlight traction by Australian startups and young technology companies, broken into the three headings of News coverage, Milestones and Funding events. We collect this data as a major input into the monthly Techboard Ranking. This month we recorded 456 news mentions, 134 milestones and 41 funding events involving Australian startups and tech companies. The companies are listed in the order in which they appeared in the May Techboard Ranking.

Nuheara tops the June Techboard Ranking

05/07/201707/11/2017 Peter van Bruchem Leave a comment

We are continuing to add companies every month to Techboard and this Month’s Ranking covers 1258 companies, up 108 from last month. In preparing our rankings we monitor 19 ‘data points’ in 11 categories. For this month’s ranking we noticed just under 40 funding and acquisition events, 150 milestone events and just shy of 250 news stories. In addition to this we have been monitoring social media accounts and web stats for all companies, changes in share price (for listed companies), activity on Techboard, as well as contributions by our three panels of experts (for WA, NSW and Victoria). The news, milestones and funding items uncovered for the Ranking will be outlined in the Techboard Company Traction Report which will be released shortly. We are also working on our funding report for the June quarter which will detail all funding events we have uncovered over the last three months, including details direct from the investors in the deals which are not available elsewhere on Techboard or any other single source.
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Join startup founders and business angels in Sydney for the 6th edition of Startup&Angels!

29/06/201730/06/2017 Alex Kohn Leave a comment

Founder Institute Perth: How to build products people will love and actually pay for

27/06/201727/06/2017 Peter van Bruchem Leave a comment

Our good friends at the Founders Institute (Perth) have another excellent event coming up next week 6 July 2017. You my have seen and heard from Perth Locals Andrew Hall and Tim Brewer before... they are great presenters though.. grab this chance to hear from them on this great topic and don't miss the opportunity to hear from Singapore-based Perth boy Michael Momsen from Rateit, a Startup with offices in Singapore, Perth, Melbourne Sydney and Bangkok.

The Founder Institute is the World’s premier idea-stage accelerator and startup launch program, originating from Silicon Valley, which has been running in Perth for the past 5 years. This August, the next instalment of Perth Founder Institute program will launch – providing a 14 week curriculum for early-stage and aspiring entrepreneurs: https://fi.co

The Founder Institute is holding a series of free events in Perth in the lead up to the program and would like to invite you to join them on Thursday 6 July from 6pm at Flux (Basement) to hear from successful entrepreneurs on: “How to build products people will love and actually pay for”.

ASIC releases consultation papers on regulation of equity crowdfunding (edited)

26/06/201730/06/2017 Peter van Bruchem Leave a comment

Coming just one week after the making of the Corporations Amendment (Crowd-sourced Funding) Regulations 2017 on 15 June the Australian Securities and Investments Commission released two consultation papers proposing guidance for public companies and intermediaries (i.e. crowd funding platform operators) to assist them in using the new crowd-sourced funding (CSF) regime commencing on 29 September 2017. The core part of the consultation papers are two draft regulatory guides.

The Techboard Team recently attended an event by the Crowd Funding Institute of Australia (Perth Chapter) Get updated with the new Equity Crowdfunding laws. There was a general consensus amongst the panel that the legislative settings along with new draft Regulatory Guidelines would lead to quite high capital raising costs under the CSF regime and that CSF would not likely be financially viable for capital raises below around $500K.