# Athena Mortgage

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/athena-mortgage-pty

- Industry: Financial Services
- Headquarters: Sydney, Australia
- Website: www.athena.com.au
- Total disclosed funding: $152M
- Latest round: Series D (May 11, 2021)
- Investors on record: 20

## About

Founded in 2017 and based in Sydney, Australia, Athena Mortgage Pty Ltd is a fintech company that provides financial services to homeowners. The firm was co-founded by Nathan Walsh (CEO) and Michael Starkey (COO). In May 2021, Athena Mortgage Pty Ltd raised AUD 90 million in Series D funding with participation from returning investors AirTree Ventures, Macquarie Bank, AustralianSuper, Hostplus, Salesforce Ventures, and Apex Capital, and new investor Sunsuper.

Athena Mortgage Pty Ltd. exclusively offers principal and interest, and interest-only home loans for owners, occupiers, and investors on variable rates for refinancing or buying an established property. The company provides low-interest home loans with no fees, and the loan rates will be further reduced if the customer pays off their loan in substantial quantities before the expected loan closure date. Additionally, the firm offers its clients, the provision to monitor the loan progress through its digital platform, and furthermore provides free property valuation services.

## Funding rounds

- Series D, May 11, 2021, $70M — AustralianSuper, Hostplus, Macquarie Bank, Square Peg, Sunsuper, AirTree Ventures, Salesforce Ventures, Apex Capital
- Series C, Oct 24, 2019, $48M — AustralianSuper, Hostplus, Square Peg, AirTree Ventures, Salesforce Ventures, NAB Ventures, Apex Capital, Saniel Ventures, Radiata Investments Pty Ltd, Spci 1 Pty Ltd, Rice Super Holdings Pty Ltd, Lambert Consulting Services Pty. Ltd
- Series B, Nov 21, 2018, $18M — Hostplus, Square Peg, AirTree Ventures, Saniel Ventures, Radiata Investments Pty Ltd, Jasupiju Pty Ltd, Spci 1 Pty Ltd, Rice Super Holdings Pty Ltd, Lambert Consulting Services Pty. Ltd
- Series A, Apr 11, 2018, $13M — Macquarie Bank, Square Peg, Apex Capital Partners, Rice Warner Pty Limited, Resimac Group Ltd, Jasupiju Pty Ltd, Rice Super Holdings Pty Ltd, Alun Stevens & Associates Pty Ltd, S & J Freeborn Pty Ltd, Lambert Consulting Services Pty. Ltd
- Seed, Jun 22, 2017, $2.3M — Macquarie Bank, Apex Capital Partners, Rice Warner Pty Limited, Rice Super Holdings Pty Ltd, Alun Stevens & Associates Pty Ltd, S & J Freeborn Pty Ltd

## Investors

- Macquarie Bank — Seed, Series A, Series D
- Apex Capital Partners (https://capitalatlas.ai/funds/apex-capital-partners) — Seed, Series A
- Rice Warner Pty Limited — Seed, Series A
- Rice Super Holdings Pty Ltd — Seed, Series A, Series B, Series C
- Alun Stevens & Associates Pty Ltd — Seed, Series A
- S & J Freeborn Pty Ltd — Seed, Series A
- Square Peg (https://capitalatlas.ai/funds/square-peg) — Series A, Series B, Series C, Series D
- Resimac Group Ltd — Series A
- Jasupiju Pty Ltd — Series A, Series B
- Lambert Consulting Services Pty. Ltd — Series A, Series B, Series C
- Hostplus — Series B, Series C, Series D
- AirTree Ventures (https://capitalatlas.ai/funds/airtree-ventures) — Series B, Series C, Series D
- Saniel Ventures (https://capitalatlas.ai/funds/saniel-ventures) — Series B, Series C
- Radiata Investments Pty Ltd — Series B, Series C
- Spci 1 Pty Ltd — Series B, Series C
- AustralianSuper — Series C, Series D
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series C, Series D
- NAB Ventures (https://capitalatlas.ai/funds/nab-ventures) — Series C
- Apex Capital — Series C, Series D
- Sunsuper — Series D