About Joust
Joust is a company based in Adelaide (Australia) founded in 2015 by Damien Mair and Martin Lovell. It operates as a Two-Sided Marketplace, and Brokerage / Intermediation. Joust has raised $400 thousand across 1 funding round from investors including NOVA Entertainment. Joust offers products and services including Live Auction and Instant Match.
- Headquarter Adelaide, Australia
- Founders Damien Mair, Martin Lovell
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Joust Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$400 K (USD)
in 1 rounds
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Latest Funding Round
$400 K (USD), Seed
Feb 20, 2017
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Investors
NOVA Entertainment
& 1 more
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Employee Count
Employee Count
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Acquired by
N/A
(Jan 31, 2019)
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Products & Services of Joust
Joust offers a comprehensive portfolio of products and services, including Live Auction and Instant Match. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Home loan rates are competed for by lenders.
Top home loans are matched instantly to users.
Unlock access to complete
CMO Team
1 people
Product Management Team
1 people
Leadership Team
1 people
Partnership Team
1 people
Customer Team
1 people
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Funding Insights of Joust
Joust has successfully raised a total of $400K through 1 strategic funding round. The most recent funding activity was a Seed round of $400 thousand completed in February 2017. 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 1
- Last Round Seed — $400,000
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First Round
First Round
(20 Feb 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Seed - Joust | Valuation |
investors |
| 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 Joust
Joust has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NOVA Entertainment. 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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Commercial radio broadcasting is operated in Australia.
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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 Joust
| 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 - Joust
| 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 |
Joust Comparisons
Competitors of Joust
| 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 Joust
Frequently Asked Questions about Joust
When was Joust founded?
Joust was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Joust located?
Joust is headquartered in Adelaide, Australia. It is registered at Adelaide, South Australia, Australia.
Is Joust a funded company?
Joust is a funded company, having raised a total of $400K across 1 funding round to date. The company's 1st funding round was a Seed of $400K, raised on Feb 20, 2017.
What does Joust do?
Joust is managed as an innovative online platform connecting Australian consumers with home loan lenders and brokers. The company is focused on providing a transparent and competitive process through services like Live Auction and Instant Match. These solutions are designed to help users uncover suitable home loan products and competitive rates tailored to individual needs. The platform is utilized across the financial sector, particularly in mortgage services, ensuring lender competition and consumer choice.
What products or services does Joust offer?
Joust offers Live Auction and Instant Match.
Who are Joust's investors?
Joust has 1 investor. Key investors include NOVA Entertainment.