It’s only been a few weeks since we revealed that Go1 had reached the lauded $1 billion valuation milestone, but tonight we’re passing on the crown for the newest Australian unicorn to Bruce Buchanan’s ROKT.
Thanks to a small recent secondary share sale from one of its investors, the e-commerce marketing technology company’s valuation has soared since its $US450 million valuation achieved just last year.
Backed by TDM Growth Partners and Square Peg Capital, ROKT’s technology allows businesses to sell personalised offers for complementary products from other retailers and service providers after a customer has completed a transaction.
Imagine you’re buying tickets to a sporting event and you receive an offer for discounted parking nearby, or you’re buying a new sofa and you see an offer for a new TV. That’s ROKT.
Elsewhere, Oil Search is willing to deal with Santos and IFM Investors is buttering up its LPs for another crack at Sydney Airport.
After a month-long “internship” at SafetyCulture in 2019, Peter Dunne has decided to leave Herbert Smith Freehills to become the tech company’s general counsel.
Geoff Levy’s Monash Advisory has been appointed to shop around local anti-fraud payments fintech Eftsure, after it’s received multiple unsolicited offers.
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