WATCH: Australian Energytech founder who raised $100 million during Covid shares her startup journey

Learn how this ex-banker become a solo founder of Australia's sixth fastest growing company during the pandemic.

Sarah Kimmorley

April 27, 2021
Share article

It has never been a better time to build a business. 

Access to low-cost, high-impact technologies has made it possible to reach vast segments of the population faster than at any time in history. 

Even despite the impact of Covid-19, it's proven that new businesses flourish during an economic downturn. Just look at Dropbox, Airbnb and Uber. All launched, raised capital, and grew during the 2008 great recession.

But while many people dream of building a business, they often don’t know where to start. Others believe they have spotted an opportunity, but the struggle to put it into clear, precise terms. 

Bede Moore, Managing Partner of Antler in Australia, and Katherine McConnell, founder and CEO of Brighte, will discuss how and where the best ideas emerge, and how to capitalise on them to seize an opportunity to build a defining company of tomorrow.

For those who (somehow) haven't heard of Brighte or Katherine, Brighte is a credit technology platform making it easier for Australians to pay for home energy and home improvements. Katherine, at the time of writing, has over 16 years of experience in Investment Banking and Financial Services, 14 of which were at Macquarie Bank, Katherine was perfectly positioned to bring her vision to life in 2015. 

Since then, Brighte has approved more than $600 million in finance for about 75,000 Aussie households. 

Over the past three years, the business has seen a massive 912% revenue growth. That makes it the sixth-fastest growing technology company in Australia, according to Deloitte Tech’s Fast 50 Australia report. 

And with an addressable market of about $45 billion per year, McConnell is only just getting started.

Evidence of that is Brighte’s most recent fundraising efforts. In December last year, Brighte closed a massive $100 million to “go deeper” on the Energytech space. 

Despite the huge growth, McConnell is keeping a startup mindset, and we’re going to ask her all about it.

The most driven founders are joining Antler - the world's day zero investor - to solve important problems. Apply to join Antler in Australia, or sign up here to access insights and resources to help you on your founder journey.

About the author

Sarah Kimmorley

Sarah is responsible for scaling Antler’s presence in Australia by delivering operational efficiencies and frameworks across the firm. Sarah is also responsible for Antler Australia’s marketing and brand presence, partnerships and business development, and people and culture. Before joining Antler, Sarah was the General Manager at Business Insider Australia and Gizmodo Media Group, leading four globally renowned digital media brands in Australia.

More insights

See all articles
Insights
5 min read
Championing a new generation of women founders in the UK and beyond

Antler’s exclusive “Empowering Women Entrepreneurs: Building Venture-Scalable Businesses” summit in London brought together top women founders for a dynamic afternoon of thought leadership and discussion. Read highlights of the event—essential insights for the next generation of women founders in the UK and beyond.

Insights
5 min read
Daria Stepanova: The rocket scientist using data to combat the climate crisis

Meet the spacetech founder tackling climate change by setting the new global standard for precise and continuous greenhouse gas emissions measurements.

Insights
5 min read
Introducing Canada's Next Big Thing: A blueprint for future entrepreneurs

Exciting news for entrepreneurs ready to leave their mark: We've launched a pivotal initiative that spotlights the diverse opportunities within Canada's thriving industries.

Our report curates pivotal problem statements from Canada's leading tech visionaries, founders, and VCs, offering aspiring entrepreneurs a pathway to impactful innovation.

Discover 20+ big opportunities pinpointed by top Canadian minds, spread across six fast-growing industries. Each challenge is an invitation to create and innovate—leading the way to the future.

We hope it will serve as a roadmap for aspiring founders ready to build tomorrow's solutions today.