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Different Technologies achieves capital raise

Herbert Smith Freehills advises Different Technologies on its Series A capital raise.

user iconTony Zhang 11 May 2020 Big Law
Peter Dunne
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Firms: Herbert Smith Freehills (Different Technologies) 

Deal: Herbert Smith Freehills’ venture capital team has advised Different Technologies Pty Ltd (:Different) on its $7.1 million Series A capital raise.

Value: $7.1 million.

Area: Venture capital.

Key players: The Herbert Smith Freehills team was led by head of venture capital, Peter Dunne, who was supported by senior associate Wendy Tian.

Deal significance: :Different is an Australian technology company that provides streamlined technology-enabled property management and home services to ensuring both transparency and efficient communication for tenants and owners. 

:Different’s co-founder, Ruwin Perera, said, “We first met Peter when we were just a PowerPoint deck and had only three customers. Peter, Wendy, and the HSF team have been there for us through thick and thin. We cannot recommend them or HSF more highly to other founders.”

Mr Dunne said: “We are excited to be a part of :Different’s journey, having advised on its Series S and now its Series A capital raise. It has been a pleasure to work closely with such committed and impressive founders, Mina and Ruwin, and we look forward to future collaborations”.

:Different was founded in 2016 by Mina Radhakrishnan and Mr Perera with an aim to make property management cheaper and more efficient for property investors, which are overwhelmingly “mum-and-dad investors”, or just “regular people”.

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