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1. TRACXN MONTHLY REPORT
DECEMBER 2020
AUSTRALIA & NEW ZEALAND TECH

2. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
Australia & New Zealand Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 7
Top Funded Business Models - last 1 year 9
New Analyst Picks 10
IPOs 12
Acquisitions 14
Recent News 16

3. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Australia & New Zealand Tech Snapshot – December
2020
Australia & New Zealand Tech: Snapshot – December 2020
Note : "Investors" refers to "Institutional Investors" only
3
$190M
8 11
Overall Geo Stats
12
1232
2213
Funding Rounds $ Invested Analyst Picks
myInterview
Upgraded to
MINICORN
New Investors
Cloud Apps Capital
Partners
SeedIL
Series A+ rounds Active Investors IPOs
Live Verdure
AUCloud
Acquisitions
Trash#@
Fillr#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Sydney
(7 Rounds, $138M)
Hobart
(1 Rounds, $7M)
Auckland
(1 Rounds, $1.7M)
Perth
(1 Rounds, $971K)
$76.1M - Series C
Brighte (2015, Sydney, $107M)
$25.0M - Series B
Clarity Pharmaceuticals (2010, Sydney,
$28.1M)
$25M - Series B
Sharesies (2016, Wellington, $29M)
$22.3M - Series B
Shippit (2014, Sydney, $30.4M)
Blackbird Ventures
(1 Investments)
Tiger Global Management
(1 Investments)
Entree Capital
(1 Investments)
Trade Me
(1 Investments)
Payments
Brighte
Alternative Lending
Renewable Energy Tech
Oncology
Clarity Pharmaceuticals
Market Size
Companies Covered 21,568
Funded Companies 3,141
Total Funding $13.0B
Funding in last 12 months $2.1B
Top Exits
IPOs 368
Acquisitions 724
Company Stage
Unicorns 7
Soonicorns 28
Minicorns 268
Editor Picks 1,417
Series A+ 617
Series C+ 118
Acqui-Hires 9
Deadpooled 1,907
Top Cities
Sydney (822 Rounds, $6.3B)
Melbourne (422 Rounds, $2.6B)
Top Investors
Artesian (103 Investments)
muru-D (63 Investments)

4. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Australia & New Zealand Tech as of December 2020
Australia & New Zealand Tech: Investment Snapshot
4
# Rounds$ Funding
Investment Trend Top Investments (December 2020)*
Brighte
(2015, Sydney, $107M)
$76.1M - Series C Qualgro
Clarity Pharmaceuticals
(2010, Sydney, $28.1M)
$25.0M - Series B
Sharesies
(2016, Wellington, $29.0M)
$25.0M - Series B Trade Me
Shippit
(2014, Sydney, $30.4M)
$22.3M - Series B Tiger Global Management
HealthMatch
(2016, Surry Hills, $20.7M)
$13.4M - Series B Lucy Turnbull
Biteable
(2014, Hobart, $11.5M)
$7.0M - Series A Cloud Apps Capital Partners
Coviu
(2014, Sydney, $7.0M)
$6.0M - Series A Equity Venture Partners
myInterview
(2014, Sydney, $6.5M)
$5.0M - Seed Aleph Venture Capital
mod.io
(2018, South Melbourne, $5.0M)
$4.0M - Seed Makers Fund
Immediation
(2006, Sydney, $5.5M)
$3.8M - Series A Thorney Opportunities
Multitudes
(2020, Auckland, $1.7M)
$1.7M - Seed Blackbird Ventures
*Shows only the lead Investors

5. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (1/2)
List of Funding Rounds in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$76.1M - Series C
Brighte (2015, Sydney, $106.5M)
Payment facility solution in the solar financing segment
Qualgro, AirTree Ventures, Skip Capital, Kim Jackson
EARLY STAGE
$3.8M - Series A
Immediation (2006, Sydney, $5.5M)
Cloud-based dispute resolution management solution
provider
Thorney Opportunities, , Euroz Hartleys Securities
Limited, Alex Waislitz
EARLY STAGE
$6.0M - Series A
Coviu (2014, Sydney, $7.0M)
Cloud-based video conferencing management software
provider
Equity Venture Partners, , CSIRO, Main Sequence
Ventures, Giant Leap Fund
EARLY STAGE
$7.0M - Series A
Biteable (2014, Hobart, $11.5M)
Cloud-based video content creation solutions provider
Cloud Apps Capital Partners, Tank Stream Ventures
EARLY STAGE
$13.4M - Series B
HealthMatch (2016, Surry Hills, $20.7M)
Provider of patient recruitment platform
Square Peg, Tempus Partners, January Capital, Lucy
Turnbull, Malcolm, and 2 more
EARLY STAGE
$22.3M - Series B
Shippit (2014, Sydney, $30.4M)
Provider of order fulfillment solution for businesses
Tiger Global Management, Global Founders Capital,
Jason Lenga
EARLY STAGE
$25.0M - Series B
Sharesies (2016, Wellington, $29.0M)
Micro investing & savings platform
Trade Me, Icehouse Ventures
EARLY STAGE
$25.0M - Series B
Clarity Pharmaceuticals (2010, Sydney, $28.1M)
Developer of drugs to treat cancer
SEED STAGE
$971.5K - Seed
AMLab (2015, Perth, $971.5K)
Provider of AI-based 3D laser scanning systems for
cranes and industrial robots
SEED STAGE
$1.7M - Seed
Multitudes (2020, Auckland, $1.7M)
Project management solutions for teams
Blackbird Ventures, working theory angels, Jon
Williams, Ellen Pao, Rachael Neumann

6. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (2/2)
List of Funding Rounds in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
6
SEED STAGE
$4.0M - Seed
mod.io (2018, South Melbourne, $5.0M)
Game development tool for modifying any games
Makers Fund, Surge, Play Ventures, Machinefloor,
SEED STAGE
$5.0M - Seed
myInterview (2014, Sydney, $6.5M)
Cloud based video interview platform
Aleph Venture Capital, Entree Capital, SeedIL
SEED STAGE
Seed
Hillridge (2018, Sydney)
AI-based crop insurance platform for farmers
Artesian

7. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors (1/2)
List of New Investors in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech: List of New Investors
7
Investor Company Info Round Amount Round Name
Cloud Apps Capital Partners
14 portfolio companies | Early-stage tech focused VC firm investing in the US
Biteable
Cloud-based video content creation solutions provider
$7.00M Series A
SeedIL
6 portfolio companies | Early-stage venture capital fund investing in tech-
startups
myInterview
Cloud based video interview platform
$5.00M Seed
medangels.com.au
1 portfolio companies | Medical Angels – Health – Med – Bio
Coviu
Cloud-based video conferencing management software provider
$6.00M Series A
January Capital
4 portfolio companies | Venture capital firm investing in early to later-stage
startups
HealthMatch
Provider of patient recruitment platform
$13.36M Series B
Makers Fund
28 portfolio companies | Global venture capital firm focused on the
entertainment sector
mod.io
Game development tool for modifying any games
$4.00M Seed
Surge
67 portfolio companies | Accelerator firm focused on startups in South-east Asia
mod.io
Game development tool for modifying any games
$4.00M Seed
Machinefloor
1 portfolio companies | Enhance your gaming with our handy wizards and
generators - genr8rs
mod.io
Game development tool for modifying any games
$4.00M Seed
Euroz Hartleys Securities Limited
1 portfolio companies | Euroz Securities – A Western Australian diversified
financial services company focused on providing dynamic financial services
solutions
Immediation
Cloud-based dispute resolution management solution provider
$3.75M Series A
Aleph Venture Capital
55 portfolio companies | Tech focused Early stage VC Firm investing in Israel
myInterview
Cloud based video interview platform
$5.00M Seed
maidencapital.com.au
1 portfolio companies |
AMLab
Provider of AI-based 3D laser scanning systems for cranes and industrial
robots
$971K Seed

8. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors (2/2)
List of New Investors in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech: List of New Investors
8
Investor Company Info Round Amount Round Name
gametechventures.com
2 portfolio companies | Limited information available
mod.io
Game development tool for modifying any games
$4.00M Seed
working theory angels
1 portfolio companies | Home | working theory angels
Multitudes
Project management solutions for teams
$1.70M Seed

9. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
9
Rank Business Model $ Funding # Rounds Top Funding Round
1 -- Big Data Warehouse $479M 1 Snowflake | $479M | Series G
2 ▲2 B2B Remittance $200M 2 Airwallex | $160M | Series D
3 ▲2
Payments > Business Payments > Online Payments >
International
$200M 2 Airwallex | $160M | Series D
4 ▲9 Digital Native Retail Banks $141M 2 Xinja | $92.5M | Series C
5 ▼-3 Unified Identity and Access Management $121M 1 Auth0 | $121M | Series F
6 ▼-3 PaaS > BaaS > Identity & Access $121M 1 Auth0 | $121M | Series F
7 -- Business Insurance Comparison Platforms $88.6M 1 BizCover | $88.6M | Series C
8 ▲33 Internet First Solar Financier $76.1M 1 Brighte | $76.1M | Series C
9 ▲33
Alternative Lending > Online Lenders > Green Financing >
Residential > Marketplace
$76.1M 1 Brighte | $76.1M | Series C
10 ▼-9 Online Photos > Editing > Graphic Design Tools $60.0M 1 Canva | $60.0M | Series D

10. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (1/2)
Interesting Companies identified by Analysts in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech: Analyst Picks
10
Upgraded to MINICORN
myInterview (2014, Sydney, $5.0M, Seed)
Cloud based video interview platform
SeedIL, Aleph Venture Capital, Clifford Rosenberg and 2
other Investors
Upgraded to MINICORN
Clarity Pharmaceuticals (2010, Sydney, $25.0M,
Series B)
Developer of drugs to treat cancer
ANSTO, Cicada Innovations, University of Melbourne
and 5 other Investors
Upgraded to MINICORN
HealthMatch (2016, Surry Hills, $13.4M, Series B)
Provider of patient recruitment platform
January Capital, Square Peg, Catherine Lacavera and 6
other Investors
Added to Editor's Pick
Sofeh Sunrise (2002, Perth, Unfunded)
Music applications developer
Added to Editor's Pick
Noissue (2017, Unfunded)
Platform offering customized tissue paper printing
Felix Capitaland
Added to Editor's Pick
Agilex Biolabs (2009, Thebarton, Unfunded)
Provider of services in bio-analytical testing
Genesis Capitaland
Added to Editor's Pick
Conflux Technology (2014, Waurn Ponds,
Unfunded)
Provides metal 3D printing technology to print heat
exchangers and fluid flow products
Added to Editor's Pick
Payright (2016, Hawthorn East, Unfunded)
Online platform for point-of-sale financing
Added to Editor's Pick
ProAgni (2016, Lavington, Undisclosed, Series A)
Developer of antibiotic and ionosphere free feeds and
supplements for livestock
Grant Broadcastersand
Added to Editor's Pick
Multitudes (2020, Auckland, $1.7M, Seed)
Project management solutions for teams
working theory angels, Rachael Neumann, Jon Williams
and 2 other Investors
Added to Editor's Pick
Nova Tools (2016, Melbourne, Unfunded)
Cloud-based social media ad analysis solutions
provider

11. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (2/2)
Interesting Companies identified by Analysts in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech: Analyst Picks
11
Added to Editor's Pick
Snowball Effect (2014, Sydney, Unfunded)
Alternative investment platform focused on private
equity funds
Added to Editor's Pick
PYC Therapeutics (2001, Nedlands, Unfunded)
Developer of the drug for retinal, liver and neuro-
degenerative diseases
Added to Editor's Pick
Twidium (2011, Perth, Unfunded)
Cloud-based Influencer marketing solutions provider
Added to Editor's Pick
Aerologix (2019, Sydney, Undisclosed, Seed)
Provider of a cloud-based marketplace for drone
piloting services
Nightingale Partners,Phoenix Development Fundand
Added to Editor's Pick
AMLab (2015, Perth, $972K, Seed)
Provider of AI-based 3D laser scanning systems for
cranes and industrial robots
Added to Editor's Pick
UniFida (2014, Sydney, Unfunded)
Cloud-based customer data and marketing decision
platform
Added to Editor's Pick
EaziTrip (2019, Sydney, Unfunded)
Provider of an augmented reality-based tour guide app
INCUBATEand
Added to Editor's Pick
Lumen Freedom (2016, Hallam, Unfunded)
Provider of wireless-electric vehicle charging solutions
Added to Editor's Pick
NextOre (2017, Sydney, Unfunded)
Provider of mineral ore sorting system
Added to Editor's Pick
Tachyon Systems (2019, Melbourne, Unfunded)
Low-code application development solutions provider
Added to Editor's Pick
Iris (2014, Ultimo, Unfunded)
Web-based conversational AI platform for marketing
and customer service

12. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
IPO Date Company IPO Mcap Exchange Ticker
14 Dec 2020
Live Verdure (, Melbourne, )
Provider of hemp-based product for vitality and longevity
$0.0B ASX:LV1
14 Dec 2020
AUCloud (2016, Fyshwick, )
Provider of infrastructure as a service
$0.1B ASX:SOV
09 Dec 2020
Cluey (2018, Sydney, $22.1M)
Tutoring platform for students
$0.1B ASX:CLU
23 Dec 2020
PayRight (2016, Hawthorn East, $24.0M)
Purchase financing solutions provider
$81.8M ASX:PYR
18 Dec 2020
Cettire (2006, Melbourne, )
Online retailer offering multi-category designer fashion products
$0.1B ASX:CTT
01 Dec 2020
Hexima (1998, Melbourne, )
Biotechnology company focusing on use of plant proteins for plant
and animal health.
$0.0B ASX:HXL
08 Dec 2020
Youfoodz (2012, Brisbane, )
Internet first restaurant delivering meals
$150M ASX:YFZ
02 Dec 2020
Cashrewards (2012, Sydney, $5.2M)
Cashback for online shopping
$0.1B ASX:CRW
17 Dec 2020
PlaySide (2012, Melbourne, )
Mobile game development studio
$0.1B ASX:PLY
04 Dec 2020
Nuix (2000, Sydney, )
Security analytics, intelligence, endpoint security and e-Discovery
$1.3B ASX:NXL
IPOs (1/2)
List of IPOs in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech: IPOs
12

13. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
IPOs (2/2)
List of IPOs in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech: IPOs
13
IPO Date Company IPO Mcap Exchange Ticker
03 Dec 2020
Booktopia (2003, Lidcombe, $13.5M)
Online retailer of books
$0.2B ASX:BKG

14. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions (1/2)
List of Acquisitions in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech: Acquisitions
14
Acq. Date Company Acquirer Deal Size
03 Dec 2020
Trash(2018, Brooklyn, $2.6M)
App-based online video creation platform
Visual Supply Co
03 Dec 2020
Fillr(2015, Melbourne, $3.8M)
Autofill for Mobile applications
Rakuten
03 Dec 2020
Zimmermann(1991, Rosebery)
Swimwear brand for women
STYLE CAPITAL SGR
03 Dec 2020
Mighty Ape NZ(2009, Auckland)
Online retailer of multi-category consumer products
Kogan $122.4M
05 Dec 2020
Map Coffee(2002, Sydney)
Coffee capsule machine and pods service
antico $0.9M
14 Dec 2020
SineHQ(2014, Adelaide)
Visitor and contract management software
Honeywell
15 Dec 2020
Optal(2002, Melbourne)
B2B payment processing solutions provider
Wright Express $577.5M
15 Dec 2020
eNett(2009, Melbourne)
B2B Payment processing solution
Wright Express $577.5M
21 Dec 2020
Blue Print Imaging(1994, Auckland)
Supplier of consumables and equipment for businesses
Total Supply
22 Dec 2020
Merlot(2008, Auckland, $2.0M)
Operation planning and crew management suite for airlines
operator
CAE $25.0M

15. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions (2/2)
List of Acquisitions in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech: Acquisitions
15
Acq. Date Company Acquirer Deal Size
22 Dec 2020
Atlassian(2002, Sydney, $210.0M)
Cloud-based project management solutions provider
Appfire
31 Dec 2021
Complii FinTech Solutions(2007, Sydney)
Cloud-based compliance management solution for the investment
institutions
Intiger Group Limited

16. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Australia & New Zealand Tech in December 2020
Australia & New Zealand Tech:News
16
Exit News
.
● Honeywell Acquires Sine Group To Create A Mobile Platform For Honeywell
Forge Offerings And To Enhance Connect... PR Newswire
.
● Payments Fintech Limepay Raises $21 Million in “Pre-IPO Capital”Crowdfund
Insider
.
● Webexpenses acquired by ELMO Software Limited PR Newswire
.
● Soprano Acquires Silverstreet to Expand Enterprise Communications Footprint
in Asian Markets PR Newswire
.
● Kogan goes shopping: buys Kiwi online retailer Mighty Ape for $122 million
Startup Daily
.
● BetMakers leads €34m pursuit of Sportech to supercharge global outlook
SBCNews
.
● Canadian-owned Israeli Artificial Intelligence and Transportation Management
Company Sold to Redflex CNW
.
● Val Morgan Outdoor expands its health and fitness network with Jetts AdNews
.
People News
● Pharmaxis fast-tracking US$7 million Bronchitol launch TechInvest
.
● FDA approves Integrum above-the-knee prosthetic implant MassDevice
.
● Resonance Health: Receives HepaFat FDA clearance FinTechInShorts
.
Regulatory News
.
● Kogan Fined $350k Over Dodgy Tax Time “Discounts” ChannelNews

17. Australia and New Zealand Tech - December 2020 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Explore more on Tracxn
Explore more about Australia & New Zealand Tech on Tracxn Platform
Australia & New Zealand Tech: Explore more on Tracxn Platform
17
Companies
Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
SaaS Companies in Australia and New Zealand
AI Companies in Australia and New Zealand
Fintech Companies Australia and New Zealand
Consumer Digital in Australia and New Zealand
Company Due Diligence
Detailed profile of Canva
Competitors of Airwallex
Cap Tables of Auth0
Investment Activity
Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
Investors
Most Active Investors
Most Active Angel Investors
Unicorn Investors
Exits
IPO'd Companies
Recent Acquisitions
Most Active Acquirers
Recent Acquihires
News & Events
Recent News
News on People
News on Unicorns
Upcoming Events
Library
Recent Reports
Tracxn Blog
Global Sector Landscape

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