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Adatree

Adatree is an Australian Open Banking platform to access and leverage data.

Backed by

Equity SeedEquity Seed
Stuart StoyanStuart Stoyan
Rob PhillpotRob Phillpot
Leigh JasperLeigh Jasper

EQUITY on September 27, 2022

About

Adatree provides a scalable API platform that enables B2B data recipients to access, categorise, enrich, analyse and action Consumer Data Right data across banking, energy, telco, insurance and superannuation.

Mission

Adatree builds award‑winning, ultra‑scalable technology that provides the infrastructure for Open X data sharing through the Consumer Data Right (CDR). The company positions itself to support Action Initiation and broader CDR adoption across Australia. Its product targets B2B customers seeking to integrate CDR capabilities and open banking data flows. Adatree says the recent fundraising will supercharge its growth trajectory and help it capture demand as the CDR reshapes the digital economy. The announcement emphasizes strong backing from exited B2B SaaS founders and continued support from existing shareholders. The company did not disclose operating metrics in the announcement. Adatree is an Australian platform that enables companies to access and leverage Consumer Data Right information through a single API. Its core product is a scalable technology platform that allows Data Recipients to access, categorise, enrich, analyse and make data actionable. Co‑founders Jill Berry and Shane Doolan—who previously helped build Tyro and Volt Bank—built Adatree to remove the technical complexities of meeting CDR requirements. Adatree plans to expand beyond banking into energy, telecommunications, insurance, superannuation and other designated industries to accelerate personalised customer journeys. The company recently closed a $1.2M Seed funding round, nearly three‑times oversubscribed, and will use the proceeds primarily to further develop its technology. Leadership emphasises that the platform will drive smoother, smarter consumer use cases and reduce reliance on insecure alternatives like screen scraping.

Quick Facts

Founded

2019

Funding

EQUITY

Industry

Information Technology, Software

Team Size

11-50

Headquarters

Sydney, New South Wales, Australia