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HealthEngine Founder Marcus Tan. Photo: Attila Csaszar

Global investor backs Perth tech firm

Perth-based HealthEngine has shown that investors still have an appetite for quality tech companies, announcing today it has raised $26.7 million from venture capital and private equity investors in a deal led by major global player Sequoia India.

HealthEngine, which runs an online healthcare booking service, will use the proceeds to add to its product portfolio, expand into other markets and make acquisitions.

It also plans to add to its team of more than 100 staff, who work from its headquarters in Perth and satellite offices in Melbourne and Sydney.

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Comments

Perth
This is a watershed moment for the local startup tech scene. Marcus has been a fixture in the sector for 10 years, as entrepreneur, mentor and investor, and there is no better person to be leading the first local company to attract this size of investment (C-series round) from a major global VC firm such as Sequoia. This is terrific for HealthEngine, and gives hope to hundreds of other local startups who want to develop a global tech business from Perth. It can be done!

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