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Exto Partners

From EverybodyWiki Bios & Wiki

Exto Partners
ISIN🆔
IndustryVenture capital
Founded 📆2003; 23 years ago (2003)
Founder 👔William Deane
Peter Hammond
Headquarters 🏙️Sydney, Australia
Area served 🗺️
Members
Number of employees
🌐 Websiteextopartners.com
📇 Address
📞 telephone

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

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 Partners' 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. Zimmerman, Michael (2 March 2010). "From VC Partner to Startup CEO - a Different View". Lake Republic. Archived from the original on 2013-04-09.
  3. Stowe, Sarah (16 October 2013). "US opening for gym chain Envie Fitness". Franchising Magazine. Archived from the original on 2013-10-21.
  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. 25 January 2013.
  7. "BuildingIQ: Rich data for energy efficiency". The Fifth Estate.
  8. "Exto Braves the IPO Exit Door". Australian Financial Review.
  9. "Airtasker Raises $2million for Renewed Micro-task Push". Business Spectator.
  10. "Hey You: Westpac's Reinventure backs rebranded Beat the Q Posse Group cafe app". 3 August 2015. Retrieved 2015-09-24.
  11. Heber, Alex. "Just as Beat the Q was taking off, the coffee startup has changed its name to Hey You". Archived from the original on 15 August 2015. Retrieved 2015-09-24. Unknown parameter |url-status= ignored (help)
  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" (Press release). 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 2015-09-24.
  19. "Team". Official Website. Retrieved 2 June 2020.

External links


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