Athena Home Loans announced that it has broken its previous venture capital record after it raised $90m in Series D funding.
The home loan fintech was able to surpass the record it set in 2019 when it scored the largest ever Australian-led venture capital round that hit $70m.
The latest funding brings the total equity capital raised by Athena to $200m.
Square Peg led this latest funding round, with Athena’s largest investors, including AirTree, Macquarie Bank, AustralianSuper, Hostplus, Sunsuper, Salesforce Ventures, and Apex Capital, also contributing to the fund.
Nathan Walsh, co-founder and CEO of Athena, said the success of the funding round proves the support of the investors to revolutionise the $1.7tn home loan market. Walsh said this commitment from investors will help Athena achieve its plans to disrupt the market.
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Source: https://australianfintech.com.au/athena-home-loans-closes-another-funding-round/
