About Additive Assurance
Additive Assurance is a company based in Melbourne (Australia) founded in 2019.. Additive Assurance has raised $5.7 million across 2 funding rounds from investors including Hostplus, IP Group and Monash Investors.
- Headquarter Melbourne, Australia
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.7 M (USD)
in 2 rounds
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Latest Funding Round
$4.1 M (USD), Series A
Dec 08, 2022
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Investors
Hostplus
& 3 more
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Employee Count
Employee Count
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Funding Insights of Additive Assurance
Additive Assurance has successfully raised a total of $5.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.1 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $4.1M
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First Round
First Round
(29 Jul 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - Additive Assurance | Valuation | Significant | |
| Jul, 2020 | Amount | Seed - Additive Assurance | Valuation | IP Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Additive Assurance
Additive Assurance has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Hostplus, IP Group and Monash Investors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital and advisory services are offered across multiple sectors.
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Founded Year | Domain | Location | |
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Significant Ventures is focused on investing in critical technology innovation.
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Founded Year | Domain | Location | |
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Pension funds are managed for Australian superannuation members.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Additive Assurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Additive Assurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Additive Assurance Comparisons
Competitors of Additive Assurance
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Additive Assurance
Frequently Asked Questions about Additive Assurance
When was Additive Assurance founded?
Additive Assurance was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Additive Assurance located?
Additive Assurance is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Is Additive Assurance a funded company?
Additive Assurance is a funded company, having raised a total of $5.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Jul 29, 2020.
What does Additive Assurance do?
Additive Assurance was founded in 2019 in Melbourne, Australia, within the additive manufacturing sector. Optical sensors for laser-powered bed fusion in metal 3D printing systems are supplied, alongside cloud-based software that enables remote access and management. Multiple sensors are monitored simultaneously, with laser-overlapped areas tracked for process oversight. Machine learning tools are integrated to support quality assurance and monitoring in 3D printing operations.
Who are Additive Assurance's investors?
Additive Assurance has 4 investors. Key investors include Hostplus, IP Group, Monash Investors, and Significant Ventures.