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Athena Home Loans raised $62 million from REA Group to bolster its financial strategies and expand its offerings.

PRIVATEOct 01, 2024

Amount Raised

$62 Million

Round Type

Funding Round

SydneyFinancial ServicesFintechLending

Investors

AustralianSuperAirtreeApex CapitalSalesforce VenturesSunsuperHostplusResimac GroupNab VenturesRice WarnerMacquarie BankSquare PegREA Group

Description

REA Group has acquired a 19.9% stake in Athena Home Loans for $62 million, bringing Athena's valuation to $310 million. This investment is expected to enhance their strategic partnership established in 2022 and support the growth of Athena's mortgage products.

Quick answer

Athena raised $62 Million in a Funding Round round, dated October 1, 2024. Investors: AustralianSuper, Airtree, Apex Capital, Salesforce Ventures, Sunsuper, Hostplus, Resimac Group and Nab Ventures. Athena is based in Sydney, New South Wales, Australia.

How much did Athena raise?
Athena raised $62 Million in a Funding Round round on October 1, 2024.
Who invested in Athena?
AustralianSuper, Airtree, Apex Capital, Salesforce Ventures, Sunsuper, Hostplus, Resimac Group and Nab Ventures are named as investors in this round.
What does Athena do?
Athena is a FinTech company focused on transforming home ownership in Australia by disrupting the traditional mortgage sector.
Where is Athena based and how big is it?
Athena is based in Sydney, New South Wales, Australia.
Who are the decision-makers at Athena?
Fundz holds 1 contact at Athena. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Athena that raised within 45 days of this round, from Fundz verified event records.

  • Beeline Holdings raised $1.6M (Series A) on November 14, 2024.
  • Tranched raised $3.4M (Pre-Seed) on November 12, 2024.
  • Lean Technologies raised $68M (Series B) on November 11, 2024.
  • Tomorrow raised $5.3M (Funding Round) on November 8, 2024.
  • Ellipsis Labs raised $21M (Funding Round) on October 31, 2024.
  • Finfra raised $2.5M (Seed) on October 29, 2024.

Who to call at Athena, and when

A new round usually means Athena is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Athena raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Athena, from your own LinkedIn network

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Company Information

Company

Athena

Location

Sydney, New South Wales, Australia

About

Athena is a FinTech company focused on transforming home ownership in Australia by disrupting the traditional mortgage sector. Their unique business model aims to make home ownership more accessible and affordable, challenging the dominance of big banks. Athena Home Loans promises the best rates, no hidden fees, and faster loan repayments. By leveraging technology, they simplify applications and reduce costs for consumers.

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Related People

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Athena raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.