Early stage funding firm Antler Australia not too long ago backed 13 startups as a part of its ongoing program to construct nice native tech firms. Over the subsequent six weeks, Startup Each day will share the main points of every enterprise within the “Antler Investor Memos” sequence.
You may also meet the founders on the Startup Each day present on ausbiz.com.au each Monday and Wednesday over the subsequent six weeks.
This sequence is designed to present you a fast sharp understanding of the startups and folks concerned, with many searching for observe up capital following Antler’s preliminary pre-seed funding.
Firm: Casu
Formation date: 2022
Stage of enterprise: Pre-Seed
Founders: Gretel Wilson and Sam Clarke
Present buyers: Antler
At present elevating: Sure
Description of the startup
Casu connects informal labourers with employers, enabling on-demand versatile work. As the development trade faces employee shortages whereas informal staff usually discover it troublesome to supply versatile work, Casu has created a platform that immediately connects on-demand staff with employers.
At this time, if a building firm requires informal staff at quick discover, there are restricted avenues to seek out them. By connecting building firms with informal labourers, Casu is eradicating the ache level of discovering a number of staff to finish an instantaneous undertaking.
Its end-to-end answer integrates with payroll software program making a seamless expertise for each employers and informal staff requiring versatile work preparations.
Antler funding thesis
“The present programs in place to attach building companies with versatile staff are fragmented and antiquated. Casu is providing a completely built-in answer eradicating ache factors for each employers and informal labourers – it’s a win-win,” mentioned Bede Moore, Managing Accomplice of Antler APAC.
“With first-hand expertise of the problem connecting informal labourers with versatile work, Gretel and Sam rightly recognized a latent market that’s usually neglected, diligently validated the provision and demand scarcity throughout the building, and constructed an preliminary product that gained traction immediately.
Traction/milestones, so far
Casu has over 300 staff signed up for the primary iteration of its product alongside 30 building companies on standby for the subsequent product replace.
Co-founders Gretel and Sam have additionally secured 5 key advisors with deep trade expertise throughout firms reminiscent of Canva, Hutchinson Builders, and Wagners.
Due diligence sources
Discover Casu’s pitch video and investor deck by way of The Antler Portfolio Reveal Platform.
Newest funding
Pre-Seed from Antler
Use of funds
Casu will leverage Antler Australia’s preliminary funding to rent a CTO and launch the subsequent iteration of its product.
The funding has additionally helped Casu develop a extra refined product and convey its on-demand workforce answer to life.
From the founders
“What excites us probably the most is the chance to develop. There are such a lot of companies throughout the building trade which can be determined for this answer, and our long-term imaginative and prescient is to increase Casu past the development trade to match employers with expert versatile staff throughout sectors,” mentioned Gretel Wilson, co-founder and CEO of Casu.
“We’re actually solely on the very starting of what our product can obtain, and the preliminary response actually signifies a necessity out there.
“From day one, Antler has offered entry to a community of like-minded people and consultants supporting us as we develop. The entry to teaching from trade consultants has been significantly useful as we stress-tested our concepts, discovered our product-market-fit throughout the building trade, and developed our go-to-market technique.”
What’s subsequent?
Antler, a worldwide early-stage VC, not too long ago showcased the most recent investments it’s made in bold Australian founders and startups. Casu featured as considered one of Antler Australia’s latest portfolio firms.
Discover how Casu permits on-demand versatile work by way of the Antler Portfolio Reveal Platform.
- StartupDaily is the official media accomplice of Antler in Australia.
