SuperEd

wealthtech (retail)robo advisors

FOUNDING YEAR: 2012
LOCATION: Australia
Last Update: 01/05/2020

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About

SuperEd is focused on helping super fund members to make decisions about their retirement savings. It provides retirement income forecasting, online financial advice, and personalized investment management based on super fund members’ needs and objectives.

Focus

PRODUCTS & SERVICES

Products and services include: retirement forecast that helps members to understand their estimated retirement income, member engagement platform (retirement income forecast supported by online coaching that delivers personalized education, help and general advice), online intra-fund advice, and personal investment management strategy. It also delivers ongoing portfolio construction and rebalancing services focused on achieving an individual’s targets. Zaq can store payment details for future use by just entering the PIN code while scanning the bill. It is also going to bring the feature of linking PayPal accounts in the future. Zaq for businesses helps in activating bills and invoices to make it easier for customers to pay.

REVENUE MODEL

The company generates its revenue through pay as you go, model. For initial review and advice, a fee of $99 including GST, is charged depending on the complexity of the situation.

MAIN CLIENTS

Retail customers

EXISTING PARTNERSHIPS

Loaded Technologies

Retirement Essentials

Amazon Web Services

Edgehaven Pty Ltd

COMMENT

Being a robo-adviser, SupeEd is looking to develop a suite of personalized income -layering solution that is integrated with the firm's digital advice framework

People

FOUNDERS

Hugh Morrow

Jeremy Duffield

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Auctus Alternative

Kevin Bailey

Mark Johnson

Melbourne Angels

KEY EMPLOYEES:

Hugh Morrow (CEO); Virginia Dowd (Head of Business Development); Jeremy Duffield (Chairman)

Momentum

FUNDED

YES

TOTAL FUNDING

$5.8 M

DATE OF LAST FUNDING

Jan 2018

SEED & PRIOR FUNDING

$800 K

SEED CLOSED ON

Nov 2015

FUNDING SERIES

SERIES A  · $5 M  · Jan 2018

LISTED

NO

COMMENT

Mark Johnson, Kevin Bailey, Melbourne Angels

BASICS

FOUNDING YEAR:

2012

LOCATION:

Australia

Views:

37 VISITORS | 78 VIEWS
LATEST FUNDING ROUND

$5.8 M

TOTAL EMPLOYEES
1-10

About

SuperEd is focused on helping super fund members to make decisions about their retirement savings. It provides retirement income forecasting, online financial advice, and personalized investment management based on super fund members’ needs and objectives.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Momentum+
People+
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