6 December 2019
We are pleased to have acted for Practice Ignition on its recent AUD$26 million Series D capital raise.
The raise was led by Tiger Global Management and was backed by Right Click Capital and Craig Winkler (co-founder of MYOB and Xero board member).
Practice Ignition’s cloud-based accounting software offers accountants and bookkeepers an alternative way to engage and manage client relationships, allowing them to onboard clients, process payments, automatically raise invoices and deploy workflow via connected third-party apps.
This raise was an exciting development in the Company’s trajectory to date and the Company plans to use the funds to further expand Practice Ignition’s specialist team and build deeper relationships with its ever-expanding global customer base.
The CD + Co team was led by John Coghlan, Director, Sarah Ward, Senior Associate and Laura Morgan, Lawyer.
Tiger Global Management was represented by Gunderson Dettmer, a US law firm, together with Malika Chandrasegaran, Partner and Francine Kinkade, Senior Associate of Herbert Smith Freehills.
For further information, contact:
John Coghlan | Director
T: +61 3 9614 2444
E: jcoghlan@cdandco.com.au
Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.
A: Level 42, Rialto South Tower, 525 Collins St VIC 3000
T: +61 3 9614 2444
W: cdandco.com.au