Exto Partners is a private investment venture capital firm based in Sydney, Australia that has invested in early stage Australian companies.
History
Exto Partners was founded in 2003[1] by William Deane, a former lawyer with Skadden, Arps, Slate, Meagher & Flom, and Peter Hammond, a former management consultant with BearingPoint. The company made its first investment in a biotech company in March 2003 and has since invested across a broad array of industries in seed, A round and follow-on funding.
Exto Partners is considered an active investor that works with founders to build their business globally.[2]
Exto Partners investee companies have grown to operate on multiple continents[3][4] and have successfully obtained Commercialisation Australia[5] and other government grants.
Among Exto Partner’s most notable investments are Cleantech 100 company BuildingIQ, Inc.,[6][7] ASX listed education company RedHill Education [ASX:RDH][8] and task marketplace Airtasker.[9]
In August 2015, Exto Partners invested in Beat the Q Posse Group alongside Westpac’s Reinventure fund.[10] Beat the Q is behind the Hey You order ahead, discovery and digital loyalty app.[11]
Investments
Exto Partners has investments in Airtasker,[12] Tuned Global, RedHill Education,[13] BuildingIQ,[14] WhiteSky Labs, Optalert, Sensear,[15] Ondek,[16] Contours Australia,[17] EnVie Fitness and Beat the Q Posse Group.[18]
Management
- Peter Hammond – Managing Director
- Will Deane – Managing Director
Source:[19]
References
- ^ “Company Overview of Exto Partners”. Bloomberg Business Week.
- ^ Zimmerman, Michael (2 March 2010). “From VC Partner to Startup CEO – a Different View”. Lake Republic. Archived from the original on 9 April 2013.
- ^ Stowe, Sarah (16 October 2013). “US opening for gym chain Envie Fitness”. Franchising Magazine. Archived from the original on 21 October 2013.
- ^ “Sensear Honoured at Launch Silicon Valley”.
- ^ “Commercialisation Australia Awards $1.2m to Energy Efficiency Start-up”. Startup Smart. Archived from the original on 17 January 2014. Retrieved 21 January 2014.
- ^ “BuildingIQ to Expand After Successful Funding Round”. Renew Economy. 25 January 2013.
- ^ “BuildingIQ: Rich data for energy efficiency”. The Fifth Estate.[dead link]
- ^ “Exto Braves the IPO Exit Door”. Australian Financial Review.
- ^ “AirtaskerRaises $2million for Renewed Micro-task Push”. Business Spectator.
- ^ “Hey You: Westpac’s Reinventure backs rebranded Beat the Q Posse Group cafe app”. 3 August 2015. Retrieved 24 September 2015.
- ^ Heber, Alex. “Just as Beat the Q was taking off, the coffee startup has changed its name to Hey You”. Archived from the original on 15 August 2015. Retrieved 24 September 2015.
- ^ “Airtasker Snags $2million Funding Round”. Tech World.
- ^ “An Elementary IPO”. Business Review Weekly.[dead link]
- ^ “CSIRO Technology Helps Cut Building Energy Consumption”. Electrical Solutions.[dead link]
- ^ “Sensear secures $7.1million round of private funding” (Press release). PR Newswire.
- ^ “Biotechnology Business Leader Appointed CEO of Australian Nobel Prize Winners Company”. College Hill – Life Sciences. Archived from the original on 2 February 2014. Retrieved 21 January 2014.
- ^ “Learning the Contours of Franchising”. Switzer.[dead link]
- ^ “Beat the Q Posse Group raises $5m to fight ‘winner takes most’ digital loyalty battle”. Archived from the original on 25 September 2015. Retrieved 24 September 2015.
- ^ “Team”. Official Website. Retrieved 2 June 2020.
External links
Category:Financial services companies based in Sydney Category:Financial services companies established in 2003 Category:Australian companies established in 2003 Category:Venture capital firms Category:2003 establishments in Australia