Bailador's follow-on investment in Rosterfy

Bailador Technology Investments Limited (ASX:BTI) has announced a $3.0m follow-on investment in Rosterfy, a leading SaaS platform for Not-for-Profit (NFP) organizations, government bodies, and mass-scale sports and events. This investment has resulted in a 14% ($1.7m or $0.01 per share) uplift to the valuation of Bailador's existing $12.4m investment in Rosterfy, bringing the total investment valuation to $17.1m.

Executive Commentary on Rosterfy's Performance

Rosterfy continues to perform well, growing rapidly and signing up new clients around the world. This additional funding will help the company expand their global go-to-market teams and further accelerate their product roadmap to extend their product leadership.

Summary of Bailador's Investment in Rosterfy

Bailador Technology Investments Limited (ASX:BTI) has completed a $3.0m follow-on investment in Rosterfy, resulting in a 14% uplift to the valuation of their existing investment. Rosterfy's rapid revenue growth and global expansion indicate a positive outlook for the company. The additional funding will support Rosterfy's global go-to-market teams and product roadmap, aligning with Bailador's commitment to supporting future growth ambitions.