Draft:Exto Partners

Australian venture capital firm From Wikipedia, the free encyclopedia

Exto Partners is a private investment venture capital firm based in Sydney, Australia that has invested in early stage Australian companies.

Founded2003; 23 years ago (2003)
FounderWilliam Deane
Peter Hammond
HeadquartersSydney, Australia
Quick facts Industry, Founded ...
Exto Partners
IndustryVenture capital
Founded2003; 23 years ago (2003)
FounderWilliam Deane
Peter Hammond
HeadquartersSydney, Australia
Websiteextopartners.com
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History

Exto Partners was founded in 2003[1] by William Deane, a former lawyer with Skadden, Arps, Slate, Meagher & Flom, and Peter Hammond, a former management consultant with BearingPoint. The company made its first investment in a biotech company in March 2003 and has since invested across a broad array of industries in seed, A round and follow-on funding.

Exto Partners is considered an active investor that works with founders to build their business globally.[2]

Exto Partners investee companies have grown to operate on multiple continents[3][4] and have successfully obtained Commercialisation Australia[5] and other government grants.

Among Exto Partner's most notable investments are Cleantech 100 company BuildingIQ, Inc.,[6][7] ASX listed education company RedHill Education [ASX:RDH][8] and task marketplace Airtasker.[9]

In August 2015, Exto Partners invested in Beat the Q Posse Group alongside Westpac's Reinventure fund.[10] Beat the Q is behind the Hey You order ahead, discovery and digital loyalty app.[11]

Investments

Exto Partners has investments in Airtasker,[12] Tuned Global, RedHill Education,[13] BuildingIQ,[14] WhiteSky Labs, Optalert, Sensear,[15] Ondek,[16] Contours Australia,[17] EnVie Fitness and Beat the Q Posse Group.[18]

Management

  • Peter Hammond – Managing Director
  • Will Deane – Managing Director

Source:[19]

References

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