# Five Good Friends (Australia)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/five-good-friends-australia-pty

- Industry: Software
- Headquarters: South Brisbane, Australia
- Website: www.fivegoodfriends.com.au
- Total disclosed funding: $4M
- Latest round: Seed (Jun 1, 2016)
- Investors on record: 1

## About

Five Good Friends (Australia) Pty Ltd is an Australian company dedicated to providing tailored aged care and disability support services, promoting independent living for its clients through personalized home care solutions.Founded in 2015 in South Brisbane, Australia, Five Good Friends (Australia) Pty Ltd specializes in aged care and disability support services. The company's leadership includes CEO Simon Lockyer, one of the co-founders alongside Nathan Betteridge and Tim Russell. It has completed 4 deals, with its most recent funding round occurring on April 8, 2025, where it raised USD 5.00 mn, bringing the total amount raised to USD 5.00 mn and the current valuation to USD 60.00 mn. The funding round involved EQT and has allowed the company to expand its services.Five Good Friends specializes in providing aged care and disability support services across Australia, focusing on fostering independent living through tailored home care packages. Their offerings include Care Managed Home Care Packages and Self Managed Home Care Packages, catering to both funded and self-funded clients. The services address personal care, companionship, domestic assistance, and respite care, ensuring clients maintain quality of life at home. They operate across regions such as South Australia, Western Australia, Victoria, and Queensland, serving elderly individuals and people living with disabilities.The revenue structure of Five Good Friends is primarily driven by service transactions related to their home care packages. Clients engage through tailored plans that include ongoing support or one-time service requests based on individual needs. The transactions are direct-to-consumer, allowing clients to select from various services, such as personal care and domestic assistance, which are billed according to the specific care required. Comprehensive pricing details for full home care packages are provided, while exact figures for individual services are determined at the time of service agreement, reflecting the company's commitment to personalized care and high satisfaction levels among its members.In April 2025, TPG, along with the company's management, acquired a majority stake in Five Good Friends (Australia) Pty Ltd from EQT and Investible. This acquisition will enhance the company's services and business development. Future growth strategies include designing and launching new products aimed at improving care delivery and expanding into new geographical markets. The company is targeting further growth in regions beyond its current operations, aiming to reach more clients and enhance its service offerings.

## Funding rounds

- Seed, Jun 1, 2016, $4M — Investible

## Investors

- Investible (https://capitalatlas.ai/funds/investible) — Seed