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After $180m deal, Young Rich Listers buy into $80m AI start-up

Tess Bennett

A pair of entrepreneurs who sold their tech company for $180 million have made their first investment from one of Australia’s newest family offices, acquiring a minority stake in Sydney start-up Relume.

Brothers Frank and Jacques Greeff, who sold their real estate marketing tech start-up Realbase to Domain in 2022, propelling them onto the Financial Review Young Rich List, have also joined Relume’s board as part of the deal. (Nine Entertainment, which owns The Australian Financial Review, is Domain’s controlling shareholder.)

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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

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    Original URL: https://www.afr.com/technology/founders-turn-angel-investors-for-ai-website-maker-20250203-p5l98x