Startup data platform Cut Through Venture has announced an end to its monthly analysis of Australian funding. On Tuesday it released its final newsletter, along with details on what’s next.
RIP monthly Cut Through Venture newsletter
When the Cut Through Venture newsletter launched back in May 2021, it quickly made an impact. According to founder Chris Gillings, 20,000 subscribers receive its breakdowns of the Australian startup landscape each month.
And that includes us. We’ve tapped into Cut Through’s valuable data for several stories over the past 18 months.
But this is far from the last we’ll hear from Cut Through. It will now be pivoting to a dashboard ecosystem containing free data and analytics on Aussie startups. It is set to go live in February. It will also release quarterly publications as well as special editions for particular trends that crop up.
Why it was time to pivot
Speaking exclusively to SmartCompany, Gillings said it was time to step back and look at where the platform adds the most value to the Australian startup ecosystem.
“It’s not providing the most up-to-date news, and we know we don’t provide the entertaining prose — it’s the insights from the data we collect,” Gillings said in an email to SmartCompany.
“Our readership is now extremity diverse, and we provide data to everyone from the RBA to the major Australian news outlets, to global news outlets like Forbes and Bloomberg.”
And SmartCompany, of course.
According to Gillings, there are five or six key metrics that the readers care about.
“We want to make those readily available, for free, via a digital dashboard tool,” Gillings said.
“We’ll still produce our quarterly updates, and moving away from the monthly cadence gives us breathing room to dig deep into trends that we see as important.”
Cut Through Venture will continue to release its State of Australian Startup Funding reports, alongside Folklore Ventures. The second edition will drop in March.
“We’ve collaborated with more than 80 ecosystem players to dig into the turbulent year that was 2022. There will be plenty of surprises in the report,” Gillings said to SmartCompany.
Cut Through also has its own angel investing syndicate, which is supported by LaunchVic.