About Volt Corp Australia
Volt Corp Australia is a company based in Sydney (Australia) founded in 2017 by Steve Weston.. Volt Corp Australia has raised $119.21 million across 4 funding rounds from investors including KPMG, AFG Online and Collection House. Volt Corp Australia has completed 1 acquisition, including Australian Mortgage. Volt Corp Australia operates in a competitive market with competitors including Starling Bank, Revolut, Judo Bank, Avenue Bank and Xinja, among others.
- Headquarter Sydney, Australia
- Founders Steve Weston
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Volt 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
$119.21 M (USD)
in 4 rounds
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Latest Funding Round
$37.7 M (USD), Series E
Jun 02, 2021
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Investors
KPMG
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Volt Corp Australia
Volt Corp Australia has successfully raised a total of $119.21M across 4 strategic funding rounds. The most recent funding activity was a Series E round of $37.7 million completed in June 2021. 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 4
- Last Round Series E — $37.7M
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First Round
First Round
(22 Jan 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series E - Volt Corp Australia | Valuation | AFG |
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| Jan, 2020 | Amount | Series C - Volt Corp Australia | Valuation |
investors |
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| Mar, 2019 | Amount | Series C - Volt Corp Australia | Valuation | KPMG |
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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 Volt Corp Australia
Volt Corp Australia has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include KPMG, AFG Online and Collection House. 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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Technology and support for mortgage brokers are provided.
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Founded Year | Domain | Location | |
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Audit, tax, accounting, strategy, and financial advisory services are provided.
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Founded Year | Domain | Location | |
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Debt collection and purchase services are provided to clients.
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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 Volt Corp Australia
Volt Corp Australia has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Australian Mortgage. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mortgage brokerage services are provided in Australia from Sydney.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Volt Corp Australia
| 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 |
Volt Corp Australia Comparisons
Competitors of Volt Corp Australia
Volt Corp Australia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Starling Bank, Revolut, Judo Bank, Avenue Bank and Xinja, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital banking services are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Banking solutions are provided for retail customers and businesses.
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| domain | founded_year | HQ Location |
Digital bank for businesses
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| domain | founded_year | HQ Location |
Digital banking services for Australian businesses are developed and offered.
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| domain | founded_year | HQ Location |
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| domain | founded_year | HQ Location |
Internet-first bank
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| 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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Frequently Asked Questions about Volt Corp Australia
When was Volt Corp Australia founded?
Volt Corp Australia was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Volt Corp Australia located?
Volt Corp Australia is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Volt Corp Australia?
Steve Weston is the current CEO of Volt Corp Australia. They have also founded this company.
Is Volt Corp Australia a funded company?
Volt Corp Australia is a funded company, having raised a total of $119.21M across 4 funding rounds to date. The company's 1st funding round was a Series C of $25M, raised on Jan 22, 2019.
What does Volt Corp Australia do?
Volt was founded in 2017 as a cooperative bank headquartered in Sydney, Australia. Operations are centered on member-owned financial services within the banking sector. Core offerings include deposit accounts, loans, and digital banking solutions tailored for cooperative members. The company maintains its primary domain at voltcorp.com.au and is led by founder Steve Weston as CEO. Geographic focus remains on the Australian market.
Who are the top competitors of Volt Corp Australia?
Volt Corp Australia's top competitors include Revolut, Starling Bank and Judo Bank.
How many acquisitions has Volt Corp Australia made?
Volt Corp Australia has made 1 acquisition, including Australian Mortgage.
Who are Volt Corp Australia's investors?
Volt Corp Australia has 3 investors. Key investors include KPMG, AFG Online, and Collection House.
What is Volt Corp Australia's valuation?
The valuation of Volt Corp Australia is $285M as of Jan 2020.