Punakaiki Fund

Punakaiki Fund is a venture capital firm based in Auckland, New Zealand, founded in 2013. The firm specializes in making long-term investments in high-growth, revenue-generating companies, particularly within the information technology sector, with a strong emphasis on software as a service. Punakaiki Fund currently manages a portfolio of 20 investments and has approximately $32.3 million in assets. The firm aims to support the growth of New Zealand businesses by providing capital and strategic guidance to help them achieve their potential.

11 past transactions

projectworks

Seed Round in 2022
Project Works is a cloud based workforce management platform designed to help professional & creative services businesses better manage their organisations in the areas of project management, project financials, and people management. Our mission is to provide a platform that enables world class services businesses to get the most out of their existing workforce, and enable them to grow.

Whip Around

Series B in 2021
Whip Around is a leading online fleet management platform that specializes in vehicle and equipment inspection and maintenance. It enables users to effortlessly manage fleet inspections, compliance, preventative maintenance, and work orders through a user-friendly mobile app. The platform allows drivers to conduct inspections anytime and anywhere, facilitating immediate alerts and comprehensive reporting via a management dashboard. With powerful checklist capabilities, Whip Around helps clients maintain compliance, manage inspection records, and create maintenance schedules without the need for cumbersome hardware or contracts. The service is utilized by over 45,000 users globally, underscoring its effectiveness and popularity in the fleet management sector. A free seven-day trial is available for new users.

MOBI

Venture Round in 2021
Mobi2Go Limited operates an online and mobile ordering system tailored for restaurants and hospitality businesses globally. Founded in 2005 and headquartered in Wellington, New Zealand, with a branch in Melbourne, Australia, the company focuses on enhancing customer experience and increasing revenue for its clients. Mobi2Go's platform allows customers to order food online, download a customized mobile application, or place orders through social media, ensuring a seamless integration with existing brand websites and operating systems. By streamlining the ordering process, Mobi2Go aims to reduce in-store wait times and foster brand loyalty among consumers.

Core Schedule

Seed Round in 2020
Core Schedule develops a cloud-based roster software for the scheduling and management of healthcare staff. Core Schedule provides software that has the ability to forecast costs and staff shortages, provide reports and identify trends, and is tailored to the needs of the organizations along with full training and ongoing support, enabling healthcare organizations to save time and avoid making mistakes in handling complex rosters.

MOBI

Seed Round in 2019
Mobi2Go Limited operates an online and mobile ordering system tailored for restaurants and hospitality businesses globally. Founded in 2005 and headquartered in Wellington, New Zealand, with a branch in Melbourne, Australia, the company focuses on enhancing customer experience and increasing revenue for its clients. Mobi2Go's platform allows customers to order food online, download a customized mobile application, or place orders through social media, ensuring a seamless integration with existing brand websites and operating systems. By streamlining the ordering process, Mobi2Go aims to reduce in-store wait times and foster brand loyalty among consumers.

MOBI

Series A in 2018
Mobi2Go Limited operates an online and mobile ordering system tailored for restaurants and hospitality businesses globally. Founded in 2005 and headquartered in Wellington, New Zealand, with a branch in Melbourne, Australia, the company focuses on enhancing customer experience and increasing revenue for its clients. Mobi2Go's platform allows customers to order food online, download a customized mobile application, or place orders through social media, ensuring a seamless integration with existing brand websites and operating systems. By streamlining the ordering process, Mobi2Go aims to reduce in-store wait times and foster brand loyalty among consumers.

Quantifi Photonics

Series A in 2017
Coherent Solutions has been enabling engineers and researchers to fully characterize optical pulses. Our skills, experience, and capabilities have grown and so has the market.

Hayload Co.

Seed Round in 2016
Hayload Co. is a comprehensive paperless management solution designed specifically for the global agricultural contracting industry. Founded in New Zealand, Hayload’s purpose is to help create better agricultural businesses. Its product takes advantage of modern technology to significantly reduce administration hours, improve team connectivity and increase overall efficiency.

ThisData

Angel Round in 2015
ThisData is a software company specializing in data security by focusing on the prevention of account takeover attacks. Founded in 2014 and based in the United States, the company offers services that detect unusual login activity through an anomaly detection engine and machine learning algorithms. This enables organizations to receive real-time notifications of potential security threats, such as phishing and brute force attacks, which could compromise sensitive data. By automatically notifying users with a "Was this you?" prompt during suspicious logins, ThisData enhances login security and allows operations teams to respond swiftly. Their solutions aim to protect businesses from unauthorized access, data theft, and associated reputational damage.

Raygun

Venture Round in 2014
Raygun Limited, founded in 2007 and based in Wellington, New Zealand, specializes in crash reporting and software error tracking solutions for web and mobile applications. The company offers a comprehensive software intelligence platform that automatically captures diagnostics for every error, including detailed information such as stack traces, methods, and user session histories. This allows businesses to gain actionable insights into the issues impacting their applications' performance. Raygun's tools are designed to help developers, project managers, business owners, and service companies enhance the quality and reliability of their software. In addition to its core offerings, the company provides educational resources, including e-books, to assist organizations in understanding the benefits of integrating software intelligence into their development processes. Formerly known as Mindscape Limited, Raygun rebranded in July 2015 to reflect its focus on delivering advanced monitoring solutions.