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Business

Fundabl Rebrands to Mighty Partners

Gracie Smith
Oct 1, 2024

Australian venture debt provider Fundabl announces rebrand to Mighty Partners to reflect how the business has evolved for the start-up ecosystem, going beyond just a short-term bridging solution to partnering with founders over the long-term.

“The name Fundabl played a key role in our early development, though it no longer fully reflects how we support and partner with our portfolio today” says Ethan Singer,Mighty Partners Co-Founder.

“We’ve evolved beyond just offering a short-term bridging solution and are partnering with founders over the long-term, including supporting many of our clients on multiple occasions. We’re partnering with businesses who are leveraging venture debt as a strategic choice to fuel growth. We want to help smart founders, be mighty!” adds Singer.

MightyPartners say the rebrand was supported by feedback from founders, with businesses looking for along-term partner in their venture debt provider, someone they can trust overtime and that is genuinely invested in the long-term success of their business.

Under the guidance of Nathan Ryba – Partner appointed last year, Mighty Partners has assembled a team poised to disrupt the traditional funding landscape. The company's approach centres around flexible, tailored debt funding solutions, built for founders, designed to fuel the growth of Australia's most promising businesses.

“Tailoring terms to suit the needs of different businesses has enhanced the attractiveness of venture debt. This includes flexible repayment terms through to structures that align with each startup’s growth trajectory and requirements. By addressing these changes earlier this year and developing a brand that encapsulates who we are and where we’re headed, Mighty Partners is creating a more robust venture debt market that compliments existing funding sources and can emerge as market leader” says Nathan Ryba.

The design is purposely bold and distinct, representing Mighty Partner’s role as an alternative lender and the mighty ideas and ambitions of their portfolio.

MightyPartner's renewed focus comes at a pivotal moment for Australian growth businesses. As the ecosystem matures, founders are seeking alternative and efficient funding pathways to accelerate their growth, whilst minimising equity dilution.

The changes come following the announcement of Mighty Partners’, under former name Fundabl’s, $3.2 million equity raise in July this year.