# Edstart Australia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/edstart-australia-pty

- Industry: Financial Services
- Headquarters: Sydney, Australia
- Website: www.edstart.com.au
- Total disclosed funding: $11M
- Latest round: Series B (Nov 8, 2021)
- Investors on record: 5

## About

Based in Sydney, Australia, and founded in 2016 by its CEO Jack Stevens, Australia, Edstart Australia Pty Ltd is a financial technology company that provides an e-financial funding platform. In November 2021, Edstart Australia Pty Ltd raised AUD 10 million in series B funding led by HEAL Partners, with participation from NAB Ventures and Larsen Ventures. 

Edstart Australia Pty Ltd ensures that education providers collect fee payments on time and in full. Its platforms offers three products EdstartGo, a playment plan that allows to pay in smaller installment over the certain timeframe and is for smaller education costs; Edstart Pay, is for larger education costs; Edstart Extend that reduces annual payments by spreading them over a longer period.

Edstart Australia Pty Ltd generates revenue through transaction fees and interest rate.

Edstart Australia Pty Ltd will use the series B funding to double its 30-person team, with a focus on building out its school-based partnerships.

## Funding rounds

- Series B, Nov 8, 2021, $7.3M — NAB Ventures, Larsen Ventures, HEAL Partners
- Series A, Oct 1, 2019, $3.4M — NAB Ventures, Larsen Ventures
- Seed, Dec 15, 2016, $0.4M — Clinton Capital Partners
- Seed, Feb 26, 2016, $0.1M — H2 Ventures

## Investors

- H2 Ventures (https://capitalatlas.ai/funds/h2-ventures) — Seed
- Clinton Capital Partners (https://capitalatlas.ai/funds/clinton-capital-partners) — Seed
- NAB Ventures (https://capitalatlas.ai/funds/nab-ventures) — Series A, Series B
- Larsen Ventures (https://capitalatlas.ai/funds/larsen-ventures) — Series A, Series B
- HEAL Partners (https://capitalatlas.ai/funds/heal-partners) — Series B