Post-IPO Equity Funded Administrative Services Startups
The 11 post-IPO equity rounds shown here span September 2021 through August 2022, covering administrative services companies across five countries.
The 11 post-IPO equity rounds shown here span September 2021 through August 2022, covering administrative services companies across five countries. Round sizes vary considerably — from SameSystem's $970K raise in Værløse, Denmark to AVZ MINERALS' $54M in Perth, Australia. The top three raises — AVZ MINERALS ($54M), FINEOS ($52M, Dublin), and Impel NeuroPharma ($45M, Seattle) — account for the bulk of disclosed capital across the set.
US-headquartered companies make up five of the eleven entries, distributed across Fairfax, Los Angeles, San Leandro, New York, and Seattle. Canada contributes two Vancouver-based companies — Electric Royalties and AmmPower — both in the $2M–$3M range. All 11 companies carried public listings at the time of their raises, distinguishing this cohort from pre-IPO venture-backed peers in the administrative services sector.
Most recent rounds
11 shownRelated listings
Frequently asked
What are the largest rounds in this dataset?
AVZ MINERALS (Perth) raised $54M in December 2021, FINEOS (Dublin) raised $52M in September 2021, and Impel NeuroPharma (Seattle) raised $45M in September 2021. These three rounds represent the bulk of total disclosed capital across the 11 entries shown.
Which city appears more than once across these companies?
Vancouver, British Columbia is the only city with multiple entries. Both Electric Royalties ($3M, May 2022) and AmmPower ($2M, February 2022) are headquartered there. The remaining nine companies are each based in a distinct city.
How do round sizes compare across the group?
Five of the 11 rounds came in at $5M or below — SameSystem ($970K), WaveDancer ($2M), AmmPower ($2M), Electric Royalties ($3M), and Blue Apron ($5M). The other six range from intelliHR's $8M up to AVZ MINERALS' $54M, reflecting a split between small incremental equity events and larger capital raises.
What date range do these 11 rounds cover?
The earliest entry is FINEOS's $52M raise in Dublin, dated September 3, 2021. The most recent is WaveDancer's $2M raise in Fairfax, Virginia, dated August 22, 2022. The set spans just under one year.
Which markets outside North America are represented?
Four companies are headquartered outside North America: AVZ MINERALS and intelliHR in Australia (Perth and Brisbane respectively), SameSystem in Denmark (Værløse), and FINEOS in Ireland (Dublin). Two of them — AVZ MINERALS and FINEOS — account for the two largest individual raises in the dataset.
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