Street Talk

SEEK, Blackbird-backed wellness start-up Sonder banks $16m

Sarah Thompson, Kanika Sood and Emma Rapaport

Jan 25, 2024 – 8.00am

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Workplace wellness technology start-up Sonder has banked another $16 million from investors in a Series B extension round at a big valuation uplift, Street Talk can reveal.

SEEK Growth Fund led the rapid-fire round alongside existing investors including venture capital firm Blackbird, Saniel Ventures and Scott Bailey, who was the company’s first angel investor in 2017.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.