Investorist closes $3.3m funding round

Young Australian entrepreneur Jon Ellis has closed a $3.3 million B round capital raising for his Investorist start-up.

Investorist, a B2B marketplace and software supplier for the off-the-plan property industry, was established in August 2013.

In its three years in operation, the company has achieved a valuation of around $30 million and attracted more than $45 billion in property listings as well as 5000 customers across 25 countries.

The Melbourne-headquartered company attracted most of its Series B funding from existing shareholders, customers and staff.

Major new tech industry investors include Sypkes Group executive director Andrew Sypkes and ASABI Investments managing director Adam Clarke.

“We are currently in rapid global expansion mode and our just-completed funding round will drive further penetration into new and existing markets, plus further strengthen our platform’s technical capabilities to deliver infinite scale and added functionality,” Ellis commented.

Investorist has ambitious growth targets, particularly in the UK and the US. The company established an office in Miami earlier this year and expects the US to surpass the revenues it is generating in Australia within 12 months, Ellis said.

Investorist also has offices in the UK and China, and plans to open offices in New York and other locations next year.

Pictured: Jon Ellis.