Movac

Founded in 1998 and based in Wellington, New Zealand, Movac is a venture capital firm primarily investing in early-stage technology companies across New Zealand.

David Beard

Partner

Nathan Bell

Investment Analyst

Fiona Foster

Senior Investment Manager

Jason Graham

Partner

Philip McCaw

Founding Partner

Millie McKelvie

Senior Investment Associate

Mark Stuart

Partner

Mark Vivian

Partner

Past deals in Oceania

Auror

Series C in 2024
Auror Limited is a crime prevention technology company that offers a platform designed to enhance incident reporting for businesses and law enforcement agencies. The platform allows for the electronic reporting of various incidents, including shoplifting and fraud, and consolidates information and evidence in a single location. This capability enables law enforcement to identify crime trends, connect patterns related to repeat offenders and organized crime, and respond to real-time intelligence to improve crime prevention strategies. Auror’s solution also provides real-time alerts to store managers and security personnel, facilitating informed decision-making and maximizing the return on investment for security measures. Founded in 2012 and based in Auckland, New Zealand, Auror has expanded its presence with offices in Denver and Melbourne to support a growing global retail clientele. The company was previously known as Eyedentify Limited until its rebranding in 2015.

Alimetry

Series A in 2024
Alimetry is a health technology startup located in Auckland, New Zealand, focused on creating innovative solutions for diagnosing gastrointestinal (GI) disorders. The company has developed a symptom-tracking and real-time gastric mapping monitoring device that investigates gastric function. This device senses the underlying motility of the stomach to identify the causes of common symptoms such as abdominal pain, indigestion, nausea, and vomiting. By providing insights into GI health, Alimetry aims to enhance patient care and improve the management of gastrointestinal disorders.

Re-Leased

Venture Round in 2024
Re-Leased is a cloud-based software platform that provides commercial property management solutions for owners and operators across commercial real estate, coworking spaces, residential and other property types. The platform automates day-to-day operations, centralizes property data, and delivers real-time visibility to stakeholders such as property owners, family offices, investors, and private landlords. By reducing administrative work and operating risk, it enables users to streamline workflows, improve accuracy, and access information from any device. Re-Leased targets administrators and managers of portfolios ranging from single properties to multi-site holdings, helping clients optimize performance, scale operations, and focus on growth while mitigating risk. Founded in 2012 and headquartered in New Zealand, the company emphasizes a cloud-based, software-as-a-service approach that replaces manual processes and traditional CRE management methods.

Crimson Education

Series D in 2024
Crimson Consulting Limited specializes in education consultancy and tutoring services aimed at helping students gain admission to competitive universities globally. The company offers a wide range of services, including pre-admissions consulting for U.S. universities and business schools, law admission consulting, and tutoring for various standardized tests such as the SAT, GRE, GMAT, and MCAT. Additionally, Crimson provides academic support for students from intermediate school to university level, as well as leadership and extracurricular consulting. Established in 2014 and based in Auckland, New Zealand, with a presence in Sydney, Australia, and locations in the U.S., U.K., Singapore, and South Africa, Crimson has supported over 20,000 students through a network of more than 2,000 tutors and mentors. The company aims to deliver a personalized experience that enhances students' academic and holistic development, ultimately improving their career trajectories.

LawVu

Venture Round in 2023
LawVu develops a comprehensive Legal Workspace platform designed for in-house legal departments. It centralizes and streamlines operations by offering service deliveries, intake and triage, contract lifecycle management, e-billing tracking, and insights reporting tools. This enables legal teams to manage workloads effectively, collaborate efficiently, and gain valuable insights into their activities.

Mint Innovation

Series C in 2023
Mint Innovation Limited, founded in 2016 and headquartered in Auckland, New Zealand, specializes in metal recovery services from electronic waste, mining residues, and other toxic metal waste. The company employs bio-metallurgical processes that utilize microbes to extract valuable metals from waste streams, thereby reducing environmental impact. With a team experienced in chemistry and biotechnology, Mint Innovation is focused on scaling its innovative technology at its Auckland facilities to showcase the commercial viability of its biometallurgy methods.

Dawn Aerospace

Series A in 2022
Dawn Aerospace designs and manufactures reusable spacecraft and launch systems to enable frequent, sustainable access to space. The company develops same-day reusable launch vehicles that can operate with ordinary airspace and aircraft, without specialized space-launch infrastructure, and non-toxic, storable propulsion systems for satellites of all sizes, including CubeSats, offering higher performance while reducing reliance on toxic fuels. Dawn aims to provide end-to-end space transportation capabilities for deployment, positioning and return of spacecraft in a scalable, environmentally conscious manner. Founded in 2016, Dawn is based in New Zealand and the Netherlands, with research, manufacturing and testing facilities in Auckland and Delft.

Mobi2Go

Series C in 2022
Founded in 2005, Mobi2Go operates a digital ordering platform for restaurants and hospitality businesses worldwide. Its end-to-end solutions enable customers to order food online via mobile apps, increasing revenue, reducing wait times, and enhancing customer experience.

Alimetry

Series A in 2022
Alimetry is a health technology startup located in Auckland, New Zealand, focused on creating innovative solutions for diagnosing gastrointestinal (GI) disorders. The company has developed a symptom-tracking and real-time gastric mapping monitoring device that investigates gastric function. This device senses the underlying motility of the stomach to identify the causes of common symptoms such as abdominal pain, indigestion, nausea, and vomiting. By providing insights into GI health, Alimetry aims to enhance patient care and improve the management of gastrointestinal disorders.

Tradify

Series B in 2022
Tradify Limited, established in Auckland, New Zealand in 2010, specializes in providing Tradify, a cloud-based job management software tailored for small businesses within trade industries globally. Its customer base spans sectors such as electricians, plumbing, HVAC, building, construction, and other trades. The platform offers efficient tools for quoting, scheduling, tracking jobs, and invoicing on-the-go, helping these businesses streamline their operations from quote to invoice.

Auror

Series B in 2021
Auror Limited is a crime prevention technology company that offers a platform designed to enhance incident reporting for businesses and law enforcement agencies. The platform allows for the electronic reporting of various incidents, including shoplifting and fraud, and consolidates information and evidence in a single location. This capability enables law enforcement to identify crime trends, connect patterns related to repeat offenders and organized crime, and respond to real-time intelligence to improve crime prevention strategies. Auror’s solution also provides real-time alerts to store managers and security personnel, facilitating informed decision-making and maximizing the return on investment for security measures. Founded in 2012 and based in Auckland, New Zealand, Auror has expanded its presence with offices in Denver and Melbourne to support a growing global retail clientele. The company was previously known as Eyedentify Limited until its rebranding in 2015.

Toha

Seed Round in 2021
Toha operates a digital platform in New Zealand that connects environmental entrepreneurs with impact investors through a data-driven framework that verifies outcomes and impact. The platform provides a data and payments network for financing environmental activity, conditioned on verifiable data demonstrating results. By bridging the gap between environmental entrepreneurs and impact investors, Toha enables collaboration and innovation, combining scientific data, financial viability, and grassroots action to drive regeneration and economic prosperity.

Evnex

Seed Round in 2021
Evnex Ltd. is a New Zealand-based company founded in 2014 that specializes in the development of electric vehicle charging systems. The company offers a range of products including charging stations, a cloud management platform for monitoring and managing these stations, and custom charging solutions designed for both residential and commercial applications. Evnex integrates its technology with solar grids and grid demand response systems, enabling seamless control of energy use for electric vehicle charging. By focusing on smart, affordable, and environmentally friendly charging solutions, Evnex aims to support the transition to electric vehicle transportation while addressing the needs of both electricity providers and EV users.

Open

Series B in 2021
Insurance that’s built for your customers Open was founded in 2016 with a vision to harness data and partnerships to deliver the best insurance experiences. We do this by providing brilliant embedded products including car, home, travel, landlords, cyber and life insurance. We partner with data-rich brands such as Bupa, Polestar and Telstra. We're a team of over 140 based in the UK, Australia and New Zealand.

Dawn Aerospace

Venture Round in 2021
Dawn Aerospace designs and manufactures reusable spacecraft and launch systems to enable frequent, sustainable access to space. The company develops same-day reusable launch vehicles that can operate with ordinary airspace and aircraft, without specialized space-launch infrastructure, and non-toxic, storable propulsion systems for satellites of all sizes, including CubeSats, offering higher performance while reducing reliance on toxic fuels. Dawn aims to provide end-to-end space transportation capabilities for deployment, positioning and return of spacecraft in a scalable, environmentally conscious manner. Founded in 2016, Dawn is based in New Zealand and the Netherlands, with research, manufacturing and testing facilities in Auckland and Delft.

Mobi2Go

Series B in 2021
Founded in 2005, Mobi2Go operates a digital ordering platform for restaurants and hospitality businesses worldwide. Its end-to-end solutions enable customers to order food online via mobile apps, increasing revenue, reducing wait times, and enhancing customer experience.

Tradify

Series A in 2021
Tradify Limited, established in Auckland, New Zealand in 2010, specializes in providing Tradify, a cloud-based job management software tailored for small businesses within trade industries globally. Its customer base spans sectors such as electricians, plumbing, HVAC, building, construction, and other trades. The platform offers efficient tools for quoting, scheduling, tracking jobs, and invoicing on-the-go, helping these businesses streamline their operations from quote to invoice.

Mint Innovation

Series B in 2020
Mint Innovation Limited, founded in 2016 and headquartered in Auckland, New Zealand, specializes in metal recovery services from electronic waste, mining residues, and other toxic metal waste. The company employs bio-metallurgical processes that utilize microbes to extract valuable metals from waste streams, thereby reducing environmental impact. With a team experienced in chemistry and biotechnology, Mint Innovation is focused on scaling its innovative technology at its Auckland facilities to showcase the commercial viability of its biometallurgy methods.

Mobi2Go

Seed Round in 2019
Founded in 2005, Mobi2Go operates a digital ordering platform for restaurants and hospitality businesses worldwide. Its end-to-end solutions enable customers to order food online via mobile apps, increasing revenue, reducing wait times, and enhancing customer experience.

Mobi2Go

Series A in 2018
Founded in 2005, Mobi2Go operates a digital ordering platform for restaurants and hospitality businesses worldwide. Its end-to-end solutions enable customers to order food online via mobile apps, increasing revenue, reducing wait times, and enhancing customer experience.

Timely

Venture Round in 2017
Timely is a booking software provider for appointment-based businesses, with a focus on beauty, spa, salon, wellness, and personal training. The platform enables online bookings and comprehensive management of appointments, clients, staff, stock, and sales, along with reporting. It supports point-of-sale transactions, deposits, payments, and gift vouchers, and provides reminders by email and SMS, as well as online marketing campaigns. By integrating scheduling, payments, marketing, and customer insights, Timely helps streamline operations and enhance the client experience. The company serves beauty salons, hair salons, spas, wellness centers, massage studios, and related service businesses. Timely is based in Dunedin, New Zealand, and was founded in the early 2010s.

Unleashed Software

Series C in 2017
Unleashed Software Limited specializes in developing inventory management solutions tailored for small, medium, and enterprise markets. The company's flagship product, Unleashed, is an online inventory solution that enables users to create purchase orders, track incoming stock, and manage supplier information. It allows for efficient management of product catalogs in the cloud, provides visibility into stock locations and costs, and facilitates stocktakes. Additionally, Unleashed supports the manufacturing process with features such as bills of materials, production planning, and sales margin reporting. The platform also integrates with other systems and includes a mobile application, the Unleashed Sales App, which provides real-time inventory access. Founded in 2009 and headquartered in Auckland, New Zealand, Unleashed Software serves a diverse range of industries, including manufacturing, retail, and food production, with additional offices in the United Kingdom, United States, and Australia. The company also offers training services through webinars and video updates to support its customers.

Vend

Series D in 2016
Vend Limited is a New Zealand-based company that specializes in web-based point-of-sale (POS) and retail management software, designed to assist retailers in managing and growing their businesses. Established in 2009 and headquartered in Auckland, Vend offers a range of solutions including product management, inventory control, customer management, e-commerce, and customer loyalty programs. The software operates seamlessly in both online and offline modes, ensuring that users can continue processing sales even without internet connectivity. It integrates with various point-of-sale hardware and other business applications, such as accounting and employee scheduling, providing retailers with comprehensive tools to streamline operations. Vend's subscription-based model eliminates the need for backups or upgrades, allowing retailers to focus on their core business activities without the burden of IT concerns. The company's services cater to multiple sectors, including electronics, fashion, health and beauty, and food and drink.

PartsTrader Markets

Private Equity Round in 2014
PartsTrader Markets operates an online B2B marketplace, PartsTrader, connecting collision repairers in the US and New Zealand with over 9,000 parts suppliers, including original equipment manufacturers, recyclers, and alternative parts providers. The platform facilitates over $1.5 billion in annual parts spend, with 13% of US collision repair parts purchases made electronically through PartsTrader. It offers real-time competitive pricing, delivery times, and supplier information, aiding repairers in informed procurement decisions. With over 140 employees across the US and New Zealand, PartsTrader ensures complete national coverage for all makes and types of collision parts.

1Above

Seed Round in 2013
1Above Limited is a beverage company based in Auckland, New Zealand, founded in 2010. It specializes in functional drinks designed to combat health risks associated with flying, such as jet lag and dehydration. The company's products, available at airports in New Zealand and Australia, and internationally via its online store, contain electrolytes, polyphenol extracts, and vitamins to help customers recover from jetlag and hangovers, reducing symptoms like dizziness and fatigue.

PowerbyProxi

Series C in 2013
PowerbyProxi Limited specializes in designing, licensing, and manufacturing wireless power and data solutions for both industrial and consumer electronics markets globally. Founded in 2007 and based in Auckland, New Zealand, with additional offices in Silicon Valley and Austin, the company offers a diverse product portfolio that includes inductive couplers, power connectors, wireless slip rings, and development kits for wireless charging. Their solutions cater to a range of applications, including battery charging, wireless control systems, and power delivery for sensors and smartphones. PowerbyProxi is recognized for its advanced wireless power technology, which addresses critical needs in demanding environments, and holds a substantial patent portfolio of over 350 patents worldwide. The company has established strategic partnerships with industry leaders, enhancing its position in the market. As of October 2017, PowerbyProxi operates as a subsidiary of Apple Inc.

Pacific Fibre

Seed Round in 2010
Fibre optic cable between Australia, NZ and USA

Greenbutton

Angel Round in 2010
GreenButton is a global software company specializing in high-performance cloud computing. Headquartered in New Zealand, with offices in Palo Alto and Seattle, it provides a cloud platform enabling independent software vendors (ISVs) to transition to the cloud and users to access cloud resources directly from their desktop applications. The company's intelligent interface, GreenButton API, facilitates on-demand access to cloud capacity without requiring recoding of existing software. Recognized as Microsoft Corp’s 2011 Windows Azure ISV Partner of the Year, GreenButton operates in a rapidly growing market projected to exceed $160 billion.

Ponoko

Angel Round in 2010
Ponoko Limited is a company that offers a Personal Factory software platform for the mass customization of goods, providing online laser cutting, CNC routing, and 3D printing services. Founded in 2007 and based in Wellington, New Zealand, Ponoko enables users to turn digital designs into custom products by selecting from a wide range of materials and uploading their designs for instant quotes. The platform caters to both individual creators and businesses, allowing for the production of one item or large quantities, with fast turnaround times and a quality guarantee. Additionally, Ponoko operates an online marketplace that connects 3D product creators, digital fabricators, and material suppliers, facilitating the sale of custom products.

GiveALittle

Seed Round in 2008
GiveALittle Limited is a Wellington-based online fundraising platform founded in 2007, specializing in crowdfunding services for various social causes. The platform facilitates donations for charities, schools, and individuals, enabling users to support families in need, help artists achieve their goals, and campaign for charitable causes. GiveALittle offers features such as payroll giving, which allows regular support for charities, and assists users in accessing tax credits for donations. As a subsidiary of Perpetual Guardian Trust Holding Company Limited since January 2020, GiveALittle aims to simplify the donation process and enhance the efficiency of fundraising efforts for diverse initiatives.

1Above

1Above Limited is a beverage company based in Auckland, New Zealand, founded in 2010. It specializes in functional drinks designed to combat health risks associated with flying, such as jet lag and dehydration. The company's products, available at airports in New Zealand and Australia, and internationally via its online store, contain electrolytes, polyphenol extracts, and vitamins to help customers recover from jetlag and hangovers, reducing symptoms like dizziness and fatigue.

Zeosoft

Zeosoft Ltd. is a company based in Auckland, New Zealand, specializing in the development and production of hand cleaning products. The company offers a diverse range of formulations, including heavy-duty paste cleaners, gel cleaners, and traditional bar soaps. These products are designed to clean, absorb odors, detoxify, and exfoliate hands for various applications, including land, water, and workshop environments. Zeosoft's offerings are available in multiple formats, such as soap bars, pumps, tubes, and bulk containers, catering to both individual and workplace needs. The company emphasizes the use of natural ingredients, featuring active mineral cleansers that utilize natural zeolite and soft silica minerals to effectively remove toxins from the skin. Zeosoft distributes its products through a network of distributors across New Zealand, the United Kingdom, North America, Australia, the European Union, Asia, and other international markets. Zeosoft operates as a subsidiary of Activatas Ltd.

Mint Innovation

Mint Innovation Limited, founded in 2016 and headquartered in Auckland, New Zealand, specializes in metal recovery services from electronic waste, mining residues, and other toxic metal waste. The company employs bio-metallurgical processes that utilize microbes to extract valuable metals from waste streams, thereby reducing environmental impact. With a team experienced in chemistry and biotechnology, Mint Innovation is focused on scaling its innovative technology at its Auckland facilities to showcase the commercial viability of its biometallurgy methods.

Coretex

Coretex Ltd. is a technology company specializing in telematics solutions tailored for fleet management across various industries, including construction, waste management, and refrigerated transport. Founded in 2003 and headquartered in Auckland, New Zealand, Coretex offers its flagship product, ibright, which delivers comprehensive business intelligence on fleet movements and asset performance, extending beyond basic location tracking. The company also provides ibright DRIVE, an in-cab dashboard application that equips drivers with essential information, along with electronic road user charge systems. With a focus on enhancing safety, reducing waste, and improving productivity, Coretex serves a global customer base of over 60,000 connected vehicles through a cloud-based platform and in-vehicle sensor technology. The company maintains offices in key locations, including New York, San Diego, and Sydney, and operates through a network of distributors in North America and New Zealand.

Modlar

Modlar Limited, founded in 2007 and based in Christchurch, New Zealand, specializes in creating and syndicating 3D smart building information modeling objects for architects, engineers, designers, and contractors. The company offers a wide range of products, from window blinds to structural beams and appliances, facilitating their use across various design stages. Modlar provides tools tailored for different software platforms, including Revit, ArchiCAD, and Vectorworks, enabling users to search for, upload, share, and manage building product models and content. These tools also facilitate collaboration through online project groups and user profiles. The company serves customers in Australia and New Zealand, and was formerly known as Barrington Architecture & Design Limited before changing its name in January 2014.
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