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Finder achieves Series A capital raise
With assistance from major BigLaw firm Herbert Smith Freehills, Finder has secured a Series A capital raise valued at $30 million.
Naomi Neilson
Firm: Herbert Smith Freehills (Finder)
Deal: Herbert Smith Freehills (HSF) private equity and venture capital team has advised Finder on its $30 million Series A capital raise, which valued the business at $650 million on a pre-money basis.
Value: $30 million Series A capital raise.
Area: Finance; venture capital.
Key players: The team was led by head of venture capital Peter Dunne, with support from co-head of venture capital Claire Thompson and solicitor Roy Carbone.
Deal significance: Finder is an Australian company that now operates as a global personal finance platform available in more than 50 countries.
Commenting on the deal, Ms Thompson said: “As one of Australia’s best-known start-ups, Finder has achieved big things while remaining entirely bootstrapped. We are excited to see how this capital raise will accelerate the company’s growth.”
