Local tech firm books $6m

23/11/2021 - 15:45

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Perth start-up Zipline has raised $6 million in a bid to double its employee base and launch its compliance software products in the US next year.

Local tech firm books $6m
Zipline founder Michael Momsen. Photo: Zipline

Perth start-up Zipline has raised $6 million in a bid to double its employee base and launch its compliance software products in the US next year.

The company describes Zipline as a software and kiosk platform that allows users to manage visitor, staff, volunteer and contractor compliance, with a focus on health and aged care sectors.

The start-up says its “skyrocketing” growth was the catalyst to call for capital.

In doing so, Zipline attracted the interest of investment company King River Capital in a fundraise led by Bondi-based firm EVP.

Zipline’s “in-person” compliance offerings include monitoring visitor’s flu and COVID-19 vaccination status and police clearances, a matter company founder Michael Momsen said the pandemic had made more critical to address.

“The demand for automating in-person compliance is here to stay,” Mr Momsen said.

“As a practical example, hospitals or schools can't have an air-con guy walking around without a police clearance.

“Our tech is solving these evolving compliance requirements, which is a problem felt world over.”

Zipline - which has a quarter of its team in Perth and the rest over east and in Singapore - plans to spend proceeds from the raise adding another 40 staff to its books, taking its total employees to 80.  

A launch into US markets has been flagged for early 2022.

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