Mutinex, a Melbourne, Australia-based marketing analytics company, has raised $17.5M AUD in funding, valuing the company at $132.5M AUD.
Investors
The round was led by Marbruck Investments, with support from EVP and Archangel Ventures.
Marbruck is an open-ended venture capital firm that sources, invests in, and provides ongoing guidance to early and growth-stage technology companies. Based in Darlinghurst, Australia, the firm prefers to invest in seed-stage, early-stage, and later-stage companies.
Mutinex Use of Funds
The new capital will support Mutinex's rapid expansion in the US.
About Mutinex
Founded in 2018 by Matt Farrugia and Henry Innis, Mutinex is a SaaS company that provides a marketing analytics platform. It leverages data-driven insights to optimize marketing strategies and performance using advanced analytics, artificial intelligence (AI), and predictive modeling. Its main products are DataOS, an all-in-one marketing data solution, and Growth OS, a decision engine.
Funding Details
Company: Mutinex
Raised: $17.5M AUD
Round: Undisclosed
Funding Date: October 2024
Lead Investor: Marbruck Investments
Additional Investors: EVP, Archangel Ventures
Company Website: https://mutinex.co/
Software Category: Marketing
Source: https://mutinex.co/2024/10/10/mutinex-raises-17-5m-aud-at-132-5m-valuation-set-to-fuel-us-expansion/