Networks X leverages venture debt to drive global expansion
About Networks X
Networks X is a leading investment and market research services provider. As Australia’s first and largest expert network, they enable private equity firms, public investors, management consultants, and corporates to conduct thorough due diligence and strategic research by connecting them with industry-specific experts.
Funding Strategy
To support the growth of the business, Networks X has strategically utilised a combination of equity investment, venture debt and government grants.
More recently, in December 2024, the business successfully raised c. $2million in equity from Arbour Capital and multiple angel investors.
Use of Funds
Mighty Partners provided venture debt to accelerate Networks X’s sales expansion, both domestically and internationally.
Over the past year, Networks X has made several key hires and established a presence across the US, Asia and Europe – solidifying its position as a global leader in expert network services.
Achievements
Since our partnership with Networks X, they have increased their annual revenue by more than double and grown their client portfolio by 74%. We are proud to support their journey and look forward to achieving even greater success in the coming years!
Are you looking to protect your equity whilst you scale your startup? Get in touch with Mighty today.
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