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LiveTiles secures $10m funding round
LegalVision has advised a venture capital company on a $10 million funding round to help LiveTiles develop new products and continue to grow.
Lauren Croft
Firm: LegalVision (OneVentures).
Value: $10 million.
Area: Corporate.
Key players: The LegalVision team was led by practice leader Jill McKnight, who was assisted by Sian McLachlan.
Deal significance: LiveTiles, a publicly listed company, specialises in developing artificial intelligence and machine learning-powered workplace software. The company has partnered with large corporations, including Nestle and Microsoft, to roll out its cloud-based employee experience platform.
Ms McKnight commented: “It’s a pleasure working with the OneVentures team again to deliver this funding to another fast-growing Australian innovative startup.
“LiveTiles is transforming the future of workplaces and employee wellness, and it’s great to see OneVentures join their growth journey.”
OneVentures partner Nick Gainsley commented: “LiveTiles is a leader in the employee experience space. This funding will undoubtedly supercharge their growth as more employees look to work remotely and remain connected.
“LegalVision’s team was excellent in assisting us on the credit facility to LiveTiles. They were professional, experienced and pragmatic, enabling a seamless transaction.”
Lauren Croft
Lauren is a journalist at Lawyers Weekly and graduated with a Bachelor of Journalism from Macleay College. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications and Travel Weekly. Originally born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling. She is also a keen snowboarder and pre-pandemic, spent a season living in a French ski resort.
