The below update was shared with the EVP community on November 4 2021. To get these updates in your inbox, please subscribe here.
Welcome to the November update from EVP_
It’s been a few months since we last shared an update. In this time we’ve closed seven deals (two featured below), launched a refined EVP brand and made it through lockdowns with only one questionable home haircut.
Three new people were welcomed to the EVP Team – Kiya Taylor (Head of Platform and Community), Fred Callaghan (Head of Talent) and Charmaine Villasin (Talent Researcher). We’re currently hiring an Analyst to join our Investment Team.
We’re excited to celebrate and congratulate SiteMinder’s upcoming IPO – an incredible feat by Founders Mike Ford and Mike Rogers, and CEO Sankar Narayan.
Recent EVP Investments_
Pendula – $6.75m round (August)
We first backed Alex and the Pendula team in October 2018. This $6.75m raise will support the company to expand globally. Pendula is a two-way customer communication platform that helps businesses leverage multiple communications channels to automate online interactions with their customers.
CarClarity – $3m Series A lead (August)
We first met Zaheer and the CarClarity team in their Seed round in 2020. We’re proud to be supporting them again in this $3m Series A raise. CarClarity is an online marketplace helping consumers navigate the car purchasing journey. Read Mark’s Investment Notes on the $36b auto finance market here.
Portfolio Transactions_
Uptick – Exit
Aidan and the Uptick team secured a significant strategic investment from Accel-KKR in August. This included a full exit for EVP. We’ve supported Uptick from the beginning of their journey, and we’re exceptionally proud of the outcome they’ve achieved as the leading provider of asset maintenance software for field servicing companies. We wish them all the luck in the journey ahead!
Rezdy – $5.6m Capital Raise
Chris and the Rezdy team closed a $5.6m funding round in October. The funds will help the company to continue the expansion into North America. Rezdy is an online booking platform providing end-to-end tour management services for global tour and activity operators and resellers. Congratulations!
Fusion Sport – $5m Debt and SmartSpeed Timing Gates System Acquisition
Over the past quarter, Markus and the Fusion Sport team secured a venture debt facility in excess of $5m from Mars Capital. The company also completed the sale of its SmartSpeed Timing Gates System to Vald. Fusion Sport is a global leader in human performance software. The platform is used by professional sporting teams, sporting associations, and the military for monitoring and optimising performance across athletes or personnel. Congratulations!
VendorPanel – Acquired Nimblex
James and the VendorPanel team completed the acquisition of Nimblex in July, doubling down on their procurement software capability by integrating the Nimblex contract management tool. VendorPanel is one of the leading Australian procurement platforms, now operating in the US, Canada, Australia and New Zealand. Congratulations and welcome to the Nimblex team!
Portfolio News_
- Sylvia and the Coviu team have taken home multiple awards this month, winning two awards at the Australian Technology Competition, along with AWS Social Impact Partner. They topped off a healthy month by reaching the 5 million consults milestone.
- Zaheer and the CarClarity team have won a Rising Star award at the Connective Excellence Awards for Commercial & Asset Finance.
- Compare Club and CarClarity have announced a partnership to offer car loans through the comparison platform.
- James, Claire and the Hnry team launched a Sole Trader Pulse report with a segment on Ten News (with a cameo from the Treasurer). The Hnry Board also welcomed welcomed globally recognised fintech leader Russ Bennet as a new director.
- Markus and the Fusion Sport Board welcomed Major General Jeff Sengelman, DSC, AM, CSC as a new director.
- Will and the Shippit team welcomed Shippit has welcomed a new CFO, Dan Shakenovsky (ex Head of Finance at Xero) as well as a new CTO, Graeme Carrick (ex Head of Engineering at Atlassian).
- Micah and the Mooven team welcomed Bradley Scott as CTO.
- Traviss, Claudio and the Programma team launched Programa 2.1 – a project management tool for architects and interior designers.
Looking for a new opportunity?_
There are currently 400+ jobs available across the EVP Portfolio.
Apply here or reach out to Fred to chat about opportunities.
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The below update was shared with the EVP community on November 4 2021. To get these updates in your inbox, please subscribe here.
Welcome to the November update from EVP_
It’s been a few months since we last shared an update. In this time we’ve closed seven deals (two featured below), launched a refined EVP brand and made it through lockdowns with only one questionable home haircut.
Three new people were welcomed to the EVP Team – Kiya Taylor (Head of Platform and Community), Fred Callaghan (Head of Talent) and Charmaine Villasin (Talent Researcher). We’re currently hiring an Analyst to join our Investment Team.
We’re excited to celebrate and congratulate SiteMinder’s upcoming IPO – an incredible feat by Founders Mike Ford and Mike Rogers, and CEO Sankar Narayan.
Recent EVP Investments_
Pendula – $6.75m round (August)
We first backed Alex and the Pendula team in October 2018. This $6.75m raise will support the company to expand globally. Pendula is a two-way customer communication platform that helps businesses leverage multiple communications channels to automate online interactions with their customers.
CarClarity – $3m Series A lead (August)
We first met Zaheer and the CarClarity team in their Seed round in 2020. We’re proud to be supporting them again in this $3m Series A raise. CarClarity is an online marketplace helping consumers navigate the car purchasing journey. Read Mark’s Investment Notes on the $36b auto finance market here.
Portfolio Transactions_
Uptick – Exit
Aidan and the Uptick team secured a significant strategic investment from Accel-KKR in August. This included a full exit for EVP. We’ve supported Uptick from the beginning of their journey, and we’re exceptionally proud of the outcome they’ve achieved as the leading provider of asset maintenance software for field servicing companies. We wish them all the luck in the journey ahead!
Rezdy – $5.6m Capital Raise
Chris and the Rezdy team closed a $5.6m funding round in October. The funds will help the company to continue the expansion into North America. Rezdy is an online booking platform providing end-to-end tour management services for global tour and activity operators and resellers. Congratulations!
Fusion Sport – $5m Debt and SmartSpeed Timing Gates System Acquisition
Over the past quarter, Markus and the Fusion Sport team secured a venture debt facility in excess of $5m from Mars Capital. The company also completed the sale of its SmartSpeed Timing Gates System to Vald. Fusion Sport is a global leader in human performance software. The platform is used by professional sporting teams, sporting associations, and the military for monitoring and optimising performance across athletes or personnel. Congratulations!
VendorPanel – Acquired Nimblex
James and the VendorPanel team completed the acquisition of Nimblex in July, doubling down on their procurement software capability by integrating the Nimblex contract management tool. VendorPanel is one of the leading Australian procurement platforms, now operating in the US, Canada, Australia and New Zealand. Congratulations and welcome to the Nimblex team!
Portfolio News_
- Sylvia and the Coviu team have taken home multiple awards this month, winning two awards at the Australian Technology Competition, along with AWS Social Impact Partner. They topped off a healthy month by reaching the 5 million consults milestone.
- Zaheer and the CarClarity team have won a Rising Star award at the Connective Excellence Awards for Commercial & Asset Finance.
- Compare Club and CarClarity have announced a partnership to offer car loans through the comparison platform.
- James, Claire and the Hnry team launched a Sole Trader Pulse report with a segment on Ten News (with a cameo from the Treasurer). The Hnry Board also welcomed welcomed globally recognised fintech leader Russ Bennet as a new director.
- Markus and the Fusion Sport Board welcomed Major General Jeff Sengelman, DSC, AM, CSC as a new director.
- Will and the Shippit team welcomed Shippit has welcomed a new CFO, Dan Shakenovsky (ex Head of Finance at Xero) as well as a new CTO, Graeme Carrick (ex Head of Engineering at Atlassian).
- Micah and the Mooven team welcomed Bradley Scott as CTO.
- Traviss, Claudio and the Programma team launched Programa 2.1 – a project management tool for architects and interior designers.
Looking for a new opportunity?_
There are currently 400+ jobs available across the EVP Portfolio.
Apply here or reach out to Fred to chat about opportunities.