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Dovetail completes Series Seed capital raise

Herbert Smith Freehills has advised Dovetail on its Series Seed capital raise led by Blackbird Ventures.

user iconEmma Musgrave 02 March 2020 Big Law
Peter Dunne
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Firm: Herbert Smith Freehills (Dovetail)

Deal: Dovetail has been advised on their Series Seed capital raise.

Value: Undisclosed.

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Area: Venture capital

Key players: The Herbert Smith Freehills team was led by partner and head of venture capital Peter Dunne, with assistance from solicitors Myra Beal and Lisa Alderson.

Deal significance: Dovetail was founded by Benjamin Humphrey and Bradley Ayers in 2017. It is described as an Australian technology company that provides “streamlined, cloud-based software to users to centralise and collaborate user research and customer feedback data”.

According to a statement from HSF, the round was led by Australian venture capital firm Blackbird Ventures.

Commenting further, HSF Mr Dunne said, “We are excited to be a part of Dovetail’s journey and to have been able to advise them on their Series Seed capital raise. It has been a pleasure to work closely with founders Benjamin and Brad, and we look forward to future collaborations”.

Also commenting, Dovetail CEO and co-founder Benjamin Humphrey noted: “Peter and his team’s first-hand experience working with technology start-ups in Australia helped us navigate the waters of our first capital raise, and they were fantastic to work with throughout the entire investment process”.

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