Since asserting the shut of their oversubscribed second fund at $77 million and enlargement to Brisbane final week, Antler has now unveiled 12 of their newest investments.
In keeping with Antler’s sector-agnostic focus to seek out the absolute best founders in Australia, these 12 new startups span a broad vary of industries together with retail, sustainability, productiveness, telecommunications, and well being and wellness.
The founders, who joined Antler’s eleventh residency in 2023, come from varied backgrounds and experiences, together with Macquarie, Birchal, NAB, Mable, Salesforce, Uber, and the Australian Greens.
“We’re thrilled to again such a high-calibre group of founders who carry deep experience and a powerful observe file to their respective industries,” Antler in Australia normal accomplice, Mike Abbott stated.
“Their pace of execution and skill to hit key milestones in such a short while is a testomony to the standard and ambition of this cohort.”
Antler runs twice-yearly residencies in Australia, choosing 70+ founders per cohort via a extremely aggressive course of.
Over 10 weeks, contributors construct their startups and discover cofounders with Antler’s steerage. The residency culminates in a pitch for $225,000 in pre-seed funding. In change, Antler takes a 12% fairness stake, with the potential for follow-on funding as soon as the startup secures further funding.
Right here’s a have a look at their latest portfolio firms and what they do.
Authentified
Founders: Ben Chamberlain (CEO) and David Johnson (CTO)
Business: B2B Software program
authentified.co
Authentified is reworking the style resale market by enabling clients to consign pre-loved style in below 30 seconds instantly from the order historical past web page of a model’s web site.
The platform automates itemizing, managing, and promoting these things throughout a number of second-hand marketplaces like eBay.
Inside its first six months, Authentified efficiently built-in its resolution with two main Australian manufacturers, together with a full-term settlement with DECJUBA.
The platform has already automated 100% of the consignment course of, consigned over 200 objects, and is constructing momentum with 100+ clients onboarded.
Balo
Founders: Michael Joo (CEO) and Yomi Joseph (CTO)
Business: B2B Software program
getbalo.com
Balo is pioneering a brand new mannequin for enterprise software program help, often called the Professional-Pushed Assist Desk (EDHD), which connects customers to high world consultants on demand for hands-on technical, strategic, and coaching help.
This Pay-As-You-Go mannequin is a cost-efficient different to conventional inside groups, vendor help, or third-party companies. This makes Balo significantly enticing to enterprises utilizing complicated software program like Salesforce and Microsoft.
Already producing important curiosity within the $300B+ enterprise software program market, Balo has amassed waitlists of 350 customers and 450 consultants, with 36 Salesforce companies able to pilot the platform.
Bella
Founder: Danilo Podrascanin (CEO)
Business: B2B Software program
bellasales.co
Bella is an modern B2B gross sales agent platform automating LinkedIn and e-mail outreach.
By leveraging superior AI, Bella supplies detailed prospect analysis and personalised messaging while dealing with replies and scheduling conferences at a fraction of the price of conventional gross sales groups. This AI-driven method considerably boosts outreach effectiveness, permitting companies to scale gross sales efforts with out including headcount.
Since launching in February, Bella has attracted over 100 registered customers, attaining $2,000 in month-to-month recurring income. The platform boasts a 41.5% connection acceptance price and a 39% reply price—nicely above business averages. Bella’s shoppers profit from 4x greater engagement at simply 10% of the price of conventional strategies.
Communiti Labs
Founders: Steven Germain (CEO) and Daniel Ferguson (CTO)
Business: B2B Software program
communitilabs.com
Communiti Labs gives an AI-powered information analytics platform that transforms suggestions from in-person and on-line engagement actions into actionable methods.
The platform gathers and analyses survey information from a number of channels, serving to organisations like native governments and firms perceive neighborhood sentiment and buyer suggestions, driving higher decision-making and engagement methods.
Communiti Labs is already working with notable shoppers, operating paid pilots with the Metropolis of Melbourne, Launceston, and Brimbank.
The corporate’s MVP 2.0 is at present being deployed to over 50 heat leads, and it’s a high finalist within the Australian Crimson Cross Humanitech Accelerator, competing for a $100,000 paid pilot.
Frontcover
Founder: Alan Crabbe (CEO)
Business: ConsumerTech
frontcover.io
Frontcover is a community-driven platform designed to maintain members engaged with real-time visible updates, vital hyperlinks, and bulletins – all with out the distractions of conventional social media platforms.
Based by one of many coounders of Birchal, Alan Crabbe, Frontcover empowers communities to draw new members and attraction to manufacturers for partnerships and collaborations.
Frontcover has attracted over 40 lively communities and almost 2,000 members. It has gained traction throughout a number of acquisition channels and is focusing on $120K ARR throughout the subsequent few months. The platform has 10 lively model collaborations already underway, and brand-owned communities have reported profitable product launches via Frontcover, contributing to important gross sales progress.
JubJub
Founders: Tom McCarthy (CEO) and Gilbert Pochet (CTO)
Business: B2B Software program
jubjubapp.com
JubJub is constructing the infrastructure for a linked media business, providing a platform that simplifies content material administration, distribution, and monetisation for creators and media firms.
Its clear and automatic workflows save time and cut back prices for enterprise media organisations and content material creators. As such, companies can streamline publishing throughout varied channels whereas making a fee community that permits seamless income sharing.
JubJub’s MVP has already been adopted by movie festivals, high-profile YouTube groups, and podcasters. It’s additionally establishing partnerships with peak business our bodies to additional improve its distribution capabilities.
Because the media business undergoes a big transformation, JubJub is primed to play a vital function in addressing the rising demand for extra environment friendly content material distribution and monetisation.
Lyngo AI
Founders: Tanmay Patel (CEO) and Cam Moore (CTO)
Business: B2B Software program | 12 months of Funding: 2024
lyngo.ai
To fight many pressures on the healthcare system, Lyngo AI gives a 24/7 automated cellphone answering system designed for clinics. It manages affected person FAQs, appointment scheduling, and messages, decreasing the burden on administrative workers and clinicians whereas bettering affected person service.
Since launching in March 2024, Lyngo AI has expanded to 4 international locations with paying clients and constructed a robust gross sales pipeline with over 100 clinics within the product. The corporate has achieved this progress with zero advertising spend and is at present in partnership discussions with one of many largest PMS techniques in allied well being to additional scale its attain.
Pactify
Founders: Rahul Moudgil (CEO) and Nagendra Yadav (CTO)
Business: B2B Software program
pactifyai.com
Pactify is constructing an working system for mental property licensing, tailor-made to the calls for of the creator economic system.
With expertise managers overseeing 30 creators without delay, every with their very own income streams and IP, Pactify is designed to streamline the more and more complicated workflows concerned in managing creators’ property and model relations.
Pactify’s present focus is to offer an AI-powered CRM-style software program that may rework agreements into marketing campaign briefs, deliverables, duties, and invoices. Their imaginative and prescient is to offer broader licensing options the place creators and types can use Pactify as a one-stop platform for seamless collaboration.
Pactify has quickly secured 35 world LOIs and two paid pilots with main expertise administration companies in India. It has additionally launched a roster administration system which onboarded 30 customers in its first two weeks, and is increasing its affect throughout key markets such because the US and UK.
Seestone
Founders: Nilufer Haksever (CEO) and Josh Leask (CTO)
Business: B2B Software program
seestone.co
Seestone is an AI-powered shopping for platform that helps style retailers make higher buying choices. By offering data-driven insights, error detection, business benchmarking, and automatic assortment planning, Seestone reduces the monetary burden of extra stock whereas boosting full-price gross sales and revenue margins.
Seestone is at present operating pilot assessments with Australian style model Brie Leon, the place early outcomes have been promising.
The corporate can be in superior negotiations with certainly one of Australia’s largest attire and footwear retailers for a pilot and has acquired letters of intent from a number of style manufacturers desirous to undertake the platform.
Shopfront
Founders: Nathan Spiteri (CEO) and Drew Flaherty (CTO)
Business: B2B Software program
shopfrontapp.co
Shopfront streamlines the product itemizing course of for sellers on second-hand and different marketplaces. Utilizing AI and API integrations, Shopfront reduces the time wanted to listing a product from quarter-hour to lower than 1 minute throughout a number of marketplaces, making it simpler for sellers to handle giant volumes of listings.
The corporate has gained early traction, with over 370 sellers on its waitlist and 4 market relationships underway. Shopfront is making ready for enterprise pilots in October. It has begun beta testing its integrations with three marketplaces, with plans to increase to 2 extra within the close to future.
Spoony
Founders: Nicholas Carlton (CEO) and Kenneth Liang (CTO)
Business: ConsumerTech
spoony.app
Spoony is a neighborhood platform designed for neurodivergent, chronically ailing, and disabled people, providing a protected, accessible, and stigma-free area for social connections and well being
administration. Whereas offering a world neighborhood platform for customers to socialize with others and share their tales, Spoony additionally integrates instruments for symptom monitoring and AI-driven well being insights and connects customers with care suppliers for particular person and group help.
With over 40,000 customers on its waitlist and 12,000 lively customers, Spoony has shortly gained traction. The platform ranks within the high 15 social apps on the App Retailer and the highest 17 on Google Play, with customers participating a number of instances per day and reporting a 25% discount in loneliness on common.
Yeyro
Founders: Rav Brar (CEO) and Navdeep Brar (CTO)
Business: B2B Software program
yeyro.com
Yeyro gives enterprises a plug-and-play wearables resolution to observe employee well being and security, significantly in high-risk industries like mining and development.
By integrating their sensible watches and sensible rings – alongside main wearables manufacturers like Apple and Oura – with the Yeyro platform, firms can keep away from constructing their very own wearables infrastructure, decreasing prices and deployment time.
Yeyro has already secured commitments from six enterprises for pilot packages, with 1,000 customers throughout the transport, mining, and development sectors.
The corporate has bought over 1,000 wearables via its D2C model and generated greater than $150,000 in income. The enterprise resolution has seen important curiosity, with 60 firms on the waitlist.
Traders can be taught extra about and get in touch with these startups and different latest Antler investments right here.
Antler is at present taking purposes for its thirteenth Australian residency primarily based in Sydney, Melbourne, and now Brisbane.
When you, or somebody you recognize, is able to construct their very own startup or have an present startup and want to scale, apply to Antler in Australia.
Its subsequent cohort kicks off in February 2025.
StartupDaily is the official media accomplice of Antler in Australia.