DASH receives $20 million investment from tech investor specialist Bailador

DASH Technology Group has successfully completed its latest round of funding, securing a $20 million investment from Bailador Technology Investments, a prominent growth stage technology investor.

Immediate initiatives include the acceleration of both DASH’s software and platform technology, alongside a targeted expansion of headcount. Over the next six to 12 months, DASH aims to increase its headcount by 20, focusing on supporting its technology, sales, client transitions, and software teams, with a special emphasis on enhancing the platform in line with next generation adviser needs.

Bailador, known for its expertise in the information technology sector, has been particularly impressed by the growth trajectory of DASH’s business and its product vision for the DASH platform. This investment underscores their confidence in DASH’s strategic direction, and unique and compelling value proposition.

“Bailador seeks to make high conviction investments in premium technology businesses at the expansion stage and DASH is a high-quality business that possesses all the positive characteristics that Bailador looks for in a new investment,” said James Johnstone, Bailador Partner.

Reflecting on this milestone, DASH CEO Andrew Whelan stated, “It’s important to note that the DASH brand is only two years old. While we have achieved a lot in this short time, we have much more on our roadmap. This investment will allow us to fast-track our key developments, all of which are advice and client led.

“At DASH, we are facilitating a different advice model to give more Australians access to the advice they need to navigate the complex areas of financial planning and investment administration.”