Two Aussie startups that raised $5 million this week

Monty Compost Co founder Ashley Baxter startup raise investorhub

Monty Compost co-founder Ashley Baxter. Source: Monty Compost Co

It has been a somewhat slower week for startup funding news; we’ve counted two startups that have announced a combined $5 million in new funding.

Keep reading to learn more about InvestorHub and Monty Composting Co.

InvestorHub: $4 million

startup raise

L-R: InvestorHub founders Ben Williamson and Rhys Davies. Source: Supplied.

Software startup InvestorHub has raised $4 million in Series A funding, building on its $4 million Series A round in May 2023.

According to The Australian Financial Review (AFR), InvestorHub also intends to raise another $1 million, which will bring its completed Series A round to a total of $9 million.

The startup was founded by Ben Williamson and Rhys Davis in 2017 and was initially called Fresh Equities.

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