
Colonial First State
Freeing Australians from financial complexity
Sydney, Australia · Founded 1988 · $1.1B raised
- Headquarters
- Sydney
- Employees
- 1001–5000
- Founded
- 1988
- Business Model
- B2B2C
- Website
- cfs.com.au
- Total Funding
- $1.1B
- Last Round
- $1.1B Private EquityMay 2020
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Colonial First State is an Australian wealth management company offering superannuation, investment, and retirement products to individuals, advisers, employers, and SMSF investors. Managing approximately AU$170 billion in assets, it serves more than 3 million Australians. The company operates as a joint venture between KKR (55%) and Commonwealth Bank (45%) following a 2021 transaction.
Summary
Colonial First State is a Financial Services company based in Sydney, Australia, founded in 1988. It has raised $1.1B in total across 1 round, most recently a $1.1B Private Equity round in May 2020. Investors include KKR.
Tech & App Stack
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Funding History
May 2020
Investors
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