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Big Law

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.

December 29, 2021 By Naomi Neilson
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Finder achieves Series A capital raise
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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.”

Naomi Neilson
Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly, as well as other titles under the Momentum Media umbrella. She regularly writes about matters before the Federal Court of Australia, the Supreme Courts, the Civil and Administrative Tribunals, and the Fair Work Commission. Naomi has also published investigative pieces about the legal profession, including sexual harassment and bullying, wage disputes, and staff exoduses. You can email Naomi at: naomi.neilson@momentummedia.com.au.