What is Funding?
Established in 2015, Funding specializes in offering fast and flexible property finance solutions across Australia. Their core offerings include bridging loans, building loans, and business loans, all meticulously designed to empower clients in achieving their property aspirations. The company caters to a diverse clientele, including borrowers seeking rapid funding for various real estate ventures and investors looking to diversify their portfolios through first mortgage funds. Funding has cultivated a strong reputation for its reliability, speed, and personalized service, facilitated by a streamlined online application process that ensures swift approval times. Their dedicated team works closely with both borrowers and brokers to ensure financial objectives are met with utmost efficiency.
How much funding has Funding raised?
Funding has raised a total of $34.1M across 3 funding rounds:
Series A
$2.5M
Other Financing Round
$3.3M
Other Financing Round
$28.3M
Series A (2019): $2.5M with participation from Equity Venture Partners
Other Financing Round (2020): $3.3M led by Equity Venture Partners
Other Financing Round (2022): $28.3M supported by Moelis Australia and Equity Venture Partners
Key Investors in Funding
Moelis Australia
Moelis Australia is an ASX-listed financial services group established in 2009, specializing in asset management, corporate advisory, and equities, with headquarters in Sydney and offices in Melbourne and Shanghai.
Equity Venture Partners
Equity Venture Partners (EVP) is a venture capital firm focused on early-stage B2B software companies in Australia and New Zealand, supporting visionary founders with a deep understanding of the software journey.
What's next for Funding?
With a substantial total funding amount of $34.1M and a recent major strategic investment, Funding is well-positioned for accelerated growth and market expansion. The company's focus on bridging loans, building loans, and business loans, coupled with its reputation for speed and reliability, suggests a strategic direction towards solidifying its market leadership in Australian property finance. Future endeavors will likely involve scaling operations, enhancing technological infrastructure for its online platform, and potentially broadening its product suite to capture new market segments. The consistent backing from investors like Moelis Australia and Equity Venture Partners indicates strong confidence in Funding's business model and its capacity for sustained development in the competitive financial services landscape.
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