# Funding.com.au

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/funding-com-au-pty

- Industry: Internet
- Headquarters: Gold Coast, Australia
- Website: www.funding.com.au
- Total disclosed funding: $2.5M
- Latest round: Series A (Dec 10, 2019)
- Investors on record: 1

## About

Funding.com.au Pty Ltd is an Australian financial services company specializing in fast bridging loans and investment solutions tailored to meet the diverse needs of brokers, borrowers, and investors.Founded in 2014, Funding.com.au Pty Ltd is based in Gold Coast, Australia, and provides services aimed at facilitating property transactions through bridging loans. The company has completed a total of 4 deals, with its most recent deal occurring on March 31, 2022. In this round, titled Venture Debt, the company secured AUD 35.00 mn from MA Asset Management, bringing its total amount raised to AUD 2.50 mn. Jack O'Reilly serves as both the Founder and CEO of the company, which has not undergone significant restructuring since its inception.Funding.com.au specializes in providing fast bridging loans and investment solutions tailored to the needs of brokers, borrowers, and investors. The company's core offerings include flexible bridging loans that allow clients to utilize their existing property as collateral for quick access to funds, facilitating property transactions such as upsizing or downsizing. Additionally, Funding offers the Funding Income Trust, designed for wholesale and sophisticated investors, with targeted returns of 8% p.a. for a 6-month investment term and 8.5% p.a. for a 12-month term. The company serves a diverse clientele, ranging from individual property buyers to wholesale investors, primarily within the Australian market, including metropolitan areas and regional locations. By leveraging innovative technology and a dedicated support team, Funding aims to simplify the financing process, ensuring clients can seize opportunities without unnecessary delays.Funding.com.au generates revenue through interest payments on loans and investment returns from its various financial products. The transaction structure primarily involves direct interactions with consumers and businesses seeking bridging finance, where clients apply for loans or investment opportunities through an online platform. Following approval, clients receive funds rapidly, often within days, enhancing the efficiency of their financial dealings. The company's flagship offerings, such as the bridging loans and the Funding Income Trust, are presented to clients with clear terms and targeted returns. By maintaining competitive pricing and streamlined processes, Funding facilitates a seamless experience for borrowers and investors alike, solidifying its position in the financial services sector.In March 2022, Funding.com.au Pty Ltd raised AUD 2.50 mn in venture funding from returning investor Equity Venture Partners, as part of a larger AUD 37.50 mn equity and debt round. The company plans to utilize this funding to diversify its capital base and scale up its short-term mortgage finance operations. Future initiatives include the design and launch of new financial products aimed at enhancing their service offerings, with a focus on expanding into other regions of Australia and potentially into international markets by the end of 2023.

## Funding rounds

- Series A, Dec 10, 2019, $2.5M — EVP

## Investors

- EVP (https://capitalatlas.ai/funds/evp) — Series A