# Bamboo 61

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bamboo-61-pty

- Industry: Financial Services
- Headquarters: Perth, Australia
- Website: www.getbamboo.io
- Total disclosed funding: $3M
- Latest round: Series A (Nov 1, 2021)
- Investors on record: 3

## About

Based in Western Australia, Australia, and founded in 2017, Bamboo 61 Pty Ltd operates as a financial technology company. In November 2021, Bamboo Pty Ltd. raised AUD 4 million in series A funding from new investors Mountain Ash Investment Management, Orthogonal Trading, and VP Capital. As of 2022, the company’s CEO is Blake Cassidy.

Bamboo provides an investment app that connects to a user's bank account and makes investments in crypto and precious metals anytime money is spent, including features like roundups, top-ups, portfolios, dollar-cost averaging, and rebalances. Through the company’s investment application, customers can purchase various digital assets such as bitcoin, ethereum, gold, and silver standard. In addition, the company offers a mobile application for both Android and iOS users.

The company plans to use the November 2021 funding to accelerate its global expansion as well as to add new features to its products.

## Funding rounds

- Series A, Nov 1, 2021, $3M — VP Capital, Orthogonal Trading, Mountain Ash Investment Management

## Investors

- VP Capital (https://capitalatlas.ai/funds/vp-capital) — Series A
- Orthogonal Trading — Series A
- Mountain Ash Investment Management — Series A