Former Up Bank team startup

Raised $4M, announced 14 May 2026.

Round

A startup founded by former Up Bank team members raised $4 million for its AI finance product.

Amount
$4M
Announced
14 May 2026
Leads
Airtree Ventures, Triple Bubble
Other investors
Arconic Capital
Use of funds
Largely hiring, AI infrastructure costs and regulatory approvals.
Checked
Amount and date checked against the press source

Company

Builds AI software for finance, founded by former Up Bank team members.

Based in
Melbourne
Sector
AI

Founders

  • Anson Parkerco-founder
  • Sam Mendelsohnco-founder

Sources and links

Source
Former Up Bank team raises $4 million for AI finance startup - Startup Daily news.google.com
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