# Zipline.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zipline-io-pty

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.zipline.io
- Total disclosed funding: $17M
- Latest round: Series A (Aug 11, 2022)
- Investors on record: 15

## About

Based in Australia, Zipline.io Pty Ltd specializes in providing compliance management solutions for the healthcare sector, enhancing operational efficiency for aged care facilities and hospitals.Zipline.io Pty Ltd, founded in 2016 in Melbourne, Australia, delivers compliance management solutions tailored for healthcare facilities. Michael Momsen is the CEO and founder of the company. Zipline.io has successfully completed a total of 7 deals, with its latest funding round in 2021 raising AUD 10.00 mn, led by EVP alongside King River Capital, SecondQuarter Ventures, and Sypkes Group. The total amount raised to date stands at AUD 10.00 mn.Zipline provides comprehensive compliance management solutions designed specifically for healthcare institutions, addressing the needs of Australian aged care facilities and hospitals. Their product suite encompasses visitor compliance, employee compliance, and contractor compliance solutions, which facilitate self-serve check-ins for visitors, automate evidence collection, and generate detailed reporting features. These tools also streamline the management of the employee lifecycle through automatic pre-employment checks and compliance tracking aligned with Australian Aged Care Quality Standards and National Safety and Quality Health Service Standards.In the most recent year, Zipline reported a revenue of AUD 3,363,729.50 with an EBITDA of AUD -1,520,628.60. The company generates revenue primarily through subscription services and partnerships with healthcare institutions, allowing clients to access a suite of compliance management tools designed to enhance operational efficiencies.Zipline.io Pty Ltd plans to enhance its product offerings and expand into new markets. The company is currently developing new compliance management tools aimed at improving user experience. Additionally, it seeks to penetrate more regions within Australia by the end of 2023. The recent funding of AUD 10.00 mn will support these initiatives, allowing for increased development capabilities and market outreach as Alto Partners partially exited its stake in the company.

## Funding rounds

- Series A, Aug 11, 2022, $7.7M — Perpetual Corporate Trust, EVP, King River Capital, Gravel Road Ventures, Saniel Ventures, Radiata Investments
- Series A, Sep 23, 2021, $4.4M — EVP, King River Capital
- Series A, Feb 20, 2020, $5.4M — Alto Partners, Wavemaker Partners, CP Ventures, Tin Men Capital, Great Noble International, CMA Pacific Partners, Blowfish Ventures Limited, N Capital Partners, GREAT MERITUS HOLDINGS LTD

## Investors

- Alto Partners (https://capitalatlas.ai/funds/alto-partners) — Series A
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Series A
- CP Ventures (https://capitalatlas.ai/funds/cp-ventures) — Series A
- Tin Men Capital (https://capitalatlas.ai/funds/tin-men-capital) — Series A
- Great Noble International — Series A
- CMA Pacific Partners — Series A
- Blowfish Ventures Limited — Series A
- N Capital Partners — Series A
- GREAT MERITUS HOLDINGS LTD — Series A
- EVP (https://capitalatlas.ai/funds/evp) — Series A
- King River Capital (https://capitalatlas.ai/funds/king-river-capital) — Series A
- Perpetual Corporate Trust — Series A
- Gravel Road Ventures (https://capitalatlas.ai/funds/gravel-road-ventures) — Series A
- Saniel Ventures (https://capitalatlas.ai/funds/saniel-ventures) — Series A
- Radiata Investments — Series A