Danaher Moulton is delighted to have advised AutoGrab on its successful A$80 million Series B capital raise, valuing the business at A$230 million and marking a major milestone in the company’s evolution from Australian start-up to global automotive data intelligence platform.
Founded in Melbourne in 2020, AutoGrab provides proprietary vehicle identification, valuation and market intelligence to dealerships, insurers, financial institutions and marketplaces. The capital raise will support AutoGrab’s expansion into the UK and Europe, while accelerating growth and continued investment across Australia and the broader Asia-Pacific region.
The raise was co-led by Octopus Ventures (UK) and Movac (New Zealand), with participation from Premier Capital Partners and existing investors EVP and Ten13.
Danaher Moulton has supported AutoGrab across multiple stages of its growth journey, having also advised the company on its earlier Series A capital raise. This continued involvement reflects the firm’s longstanding relationship with AutoGrab’s founders and management team.
The Danaher Moulton team was led by Partner Matthew Burge, with support from Senior Associate Edward Smith and Associate Nicholas von Schoenberg, working closely with AutoGrab’s founders and management team throughout the transaction.
“Raising capital at this scale is a defining moment for any high-growth business,” said Matthew Burge. “AutoGrab has built an exceptional data and technology platform with real-world application across multiple markets. Having supported the business from inception, it has been rewarding to see the team execute so effectively on its global strategy. This transaction reflects strong investor conviction in both the business and the founders, and we look forward to watching AutoGrab continue to scale internationally.”
This transaction highlights the continued strength of growth capital markets and the appetite for data-driven, technology-enabled businesses with global expansion ambitions.
