Exto Partners

Last updated
Exto Partners
Industry Venture capital
Founded2003
FounderWilliam Deane
Peter Hammond
Headquarters Sydney, Australia

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

Contents

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

Source: [19]

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References

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  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.