Announcement posted by LegalVision 23 Feb 2021
LegalVision has advised OneVentures on its $1.5 million investment in Coassemble. The Australian online learning startup has now raised $4.4 million in its Series A round, which brings its total funding raised to date to $6.6 million.
Coassemble provides an online training platform for mid-market and tech-based companies. It will use its latest round of funding to grow its product development, sales and marketing teams, focusing on scaling its US presence.
The LegalVision team was led by practice leader Jill McKnight, who was assisted by senior lawyer Sian McLachlan.
Ms McKnight commented: “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.”
“The online learning sector is undergoing significant transformation globally right now and Coassemble is well-placed to excel in this sector,” said James McGrath at OneVentures.
“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.”