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Tech-accounting company advised on Series A funding round
A Melbourne-headquartered firm has advised a tech-accounting company on its multimillion-dollar Series A funding round.
Emma Musgrave
Image courtesy: Coghlan Duffy & Co
Firm: Coghlan Duffy & Co (Practice Ignition)
Value: $5 million
Area: Finance
Key players: The legal team from Coghlan Duffy & Co was led by director John Coghlan and associate Sarah Ward.
Deal significance: Practice Ignition is a tech-accounting company that develops and sells products that enable accounting firms to deploy workflows, create proposals and collect client payments electronically.
The company’s products are used by over 1,000 accounting practices across 20 countries.
According to a statement by Coghlan Duffy & Co, the Series A funding round “included, among others, prominent Australian venture capital funds: Microequities VC Fund, Right Click Capital and Black Sheep Capital”.
The firm noted that this transaction is another example of Coghlan Duffy & Co’s expertise and experience in managing the capital raising process for start-up clients.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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