Co Founder And Chief Ecosystem Officer
CurrentA Melbourne-based healthcare startup that helps National Disability Insurance Scheme (NDIS) participants track their funds and access an online marketplace of 27,000 vetted providers has secured $4 million in a pre-seed funding round led by AirTree Ventures.Kismet’s raise also saw participation from venture capital firms Black Nova and Flying Fox, as well as AirTree co-founder Daniel Petre.Founded in 2022 by Mark Woodland, Sam Armstrong, Stefan Cordiner, Lauren Grimes and Matt Ellis, Kismet offers support plans and fund management for NDIS participants and connects patients with approved providers to combat issues like fraud and non-compliance.Prior to building the company, the founders worked together at childcare management software company Xplor, which automates administrative tasks such as enrolments, attendance, invoices and payments for operators. In 2020, Xplor was acquired by US private equity investor Advent International in a deal reportedly worth $100 million. “Improving access to healthcare is one of the most important challenges of our generation. Industry and government need to work hand-in-hand to simplify access and stamp out bad actors to ensure everyone has access to one of our most basic needs,” said Woodland, who also founded Xplor.“We saw the same problems of fraud, inefficiencies and friction in childcare a decade ago. Through Xplor, we worked with the government to stamp out $3 billion in fraud, and are now looking to do the same for healthcare.