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OneVentures invests $1.5m in Coassemble

Venture capital firm OneVentures has been advised on its investment in Australian online learning start-up Coassemble.

user iconJerome Doraisamy 25 February 2021 NewLaw
LegalVision
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Firm: LegalVision (OneVentures).

Deal: OneVentures has invested $1.5 million into Coassemble, meaning that the start-up has now raised $4.4 million in its Series A round, which brings its total funding raised to date to $6.6 million.

Value: $1.5 million.

Area: Corporate.

Key players: The LegalVision team was led by practice leader Jill McKnight, who was assisted by senior lawyer Sian McLachlan.

Deal significance: Speaking about the transaction, Ms McKnight said it was a “pleasure to work with OneVentures once again”.

“OneVentures always brings its unrivalled experience to the table to help Australian startups take on global expansion. We look forward to seeing Coassemble lead the way in online training and shine a light on Australian innovation,” she said.

OneVentures investment manager James McGrath added: “The online learning sector is undergoing significant transformation globally right now and Coassemble is well-placed to excel in this sector.

“Jill and Sian did a great job closing this round swiftly and smoothly. We’ve worked on many deals with the LegalVision team and their expertise in the venture debt space is second-to-none.”

Jerome Doraisamy

Jerome Doraisamy

Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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