Exto Partners

Exto Partners is a private investment venture capital firm based in Sydney, Australia that has invested in early stage Australian companies.

Exto Partners
IndustryVenture capital
Founded2003
FounderWilliam Deane
Peter Hammond
HeadquartersSydney, Australia

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
  1. "Company Overview of Exto Partners". Bloomberg Business Week.
  2. "From-VC-Partner-to-Startup-CEO-a-Different-View". Lake Republic.
  3. "US-Opening-for-Gym-Chain-Envie-Fitness". Franchising Magazine.
  4. "Sensear Honoured at Launch Silicon Valley".
  5. "Commercialisation Australia Awards $1.2m to Energy Efficiency Start-up". Startup Smart.
  6. "BuildingIQ to Expand After Successful Funding Round". Renew Economy.
  7. "BuildingIQ: Rich data for energy efficiency". The Fifth Estate.
  8. "Exto Braves the IPO Exit Door". Australian Financial Review.
  9. "AirtaskerRaises $2million for Renewed Micro-task Push". Business Spectator.
  10. "Hey You: Westpac's Reinventure backs rebranded Beat the Q Posse Group cafe app". Retrieved 24 September 2015.
  11. Heber, Alex. "Just as Beat the Q was taking off, the coffee startup has changed its name to Hey You". Retrieved 24 September 2015.
  12. "Airtasker Snags $2million Funding Round". Tech World.
  13. "An Elementary IPO". Business Review Weekly.
  14. "CSIRO Technology Helps Cut Building Energy Consumption". Electrical Solutions.
  15. "Sensear secures $7.1million round of private funding". PR Newswire.
  16. "Biotechnology Business Leader Appointed CEO of Australian Nobel Prize Winners Company". College Hill - Life Sciences.
  17. "Learning the Contours of Franchising". Switzer.
  18. "Beat the Q Posse Group raises $5m to fight 'winner takes most' digital loyalty battle". Retrieved 24 September 2015.
  19. "Team". Official Website. Retrieved 2 June 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.