Movac

Movac is a venture capital firm established in 1998 and based in Wellington, New Zealand. The company specializes in investing in early-stage technology companies, focusing primarily on series A investments within New Zealand. Movac aims to support innovative startups by providing the necessary financial backing and strategic guidance to help them grow and succeed in the competitive tech landscape.

Ben Anderson

Operating Partner

David Beard

Partner

Jonathan Chaing

Operating Partner

Fiona Foster

Senior Investment Manager

Jason Graham

Partner

Phil McCaw

Managing Partner

Millie McKelvie

Senior Investment Associate

Ian Miller

Co-Founding Partner and Investor

Mark Stuart

Partner

Mark Vivian

Partner

28 past transactions

Atomic

Series A in 2022
Atomic is a software company that specializes in design, prototyping, and collaboration tools for teams. Its platform enables users to create interactive designs and animations efficiently, facilitating the development of visually appealing prototypes. Atomic's tool supports the entire design process, from asset creation focused on motion design to managing customer feedback and preferences. By allowing real-time collaboration among team members, Atomic enhances communication and streamlines workflow, ultimately enabling designers to produce more sophisticated animated prototypes with ease.

ZeroJet

Series A in 2022
ZeroJet is an electric jet propulsion systems developing company for boats. They develop jet propulsion for the marine industry's transition to sustainable energy with electric jet propulsion systems.

Portainer

Series A in 2022
Portainer.io Limited specializes in developing open-source user interface tools for managing container-based environments. The company provides a comprehensive container management platform known as Portainer CE, which includes features for application management, cluster management, and various other management services such as identity, storage, and network management. For enterprise customers, Portainer offers Portainer Business, which focuses on container management and orchestration. The platform supports a range of environments, including Kubernetes, Docker, Azure container instances, and Edge computing. Established in 2016 and headquartered in Auckland, New Zealand, with an office in Palo Alto, California, Portainer aims to simplify container orchestration systems, making them more accessible and user-friendly for both software developers and IT operations professionals. The intuitive interface provided by Portainer accelerates the adoption of container technology, enhances security, and streamlines software delivery, ultimately aiding enterprises in faster deployment and troubleshooting processes.

Miruku

Seed Round in 2022
Miruku is a molecular farming dairy startup focused on producing advanced dairy proteins through innovative plant technologies. The company develops climate-friendly oil seed crops that can generate dairy protein and fats directly within the seeds. This unique approach allows for the cultivation, harvesting, and processing of these crops using existing infrastructure, making the production process scalable and sustainable. By offering a reliable source of animal-free milk proteins, Miruku aims to provide food manufacturers and consumers with nutritious and delicious dairy ingredients, ultimately revolutionizing the dairy industry.

Alimetry

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

Auror

Series B in 2021
Auror Limited offers a platform that facilitates electronic reporting of incidents for businesses and law enforcement, aimed at enhancing crime prevention and resolution. By providing a centralized solution for law enforcement agencies, Auror enables the collection of information on alleged offenders, identification of crime trends, and improved situational awareness. The platform supports businesses in reporting various in-store incidents, such as theft and safety issues, while delivering real-time alerts to store managers and security personnel about potential threats. This collaborative tool promotes partnerships between businesses, law enforcement, and communities, fostering a data-driven approach to crime prevention and intelligence sharing. Founded in 2012 and based in Auckland, New Zealand, Auror was previously known as Eyedentify Limited before rebranding in 2015.

Yabble

Venture Round in 2021
Yabble provides a platform that uses machine learning and natural language processing to help brands connect with more than 62 million consumers globally, and collect data in real-time. Using the solution, clients can build their own surveys and manage their own customer research communities.

Open

Series B in 2021
We work with insurers, regulators and payment networks so the brokers and brands selling Open insurance policies don’t have to. Open’s technology has reinvented general insurance; powering instant claims settlements for car, home and travel customers. It enables advanced risk selection and management for insurers, more power to brokers and brands, and delivers an award-winning multi-channel customer experience. Open also owns and operates Huddle a consumer-facing insurance brand in Australia huddle.com.au

Portainer

Series A in 2021
Portainer.io Limited specializes in developing open-source user interface tools for managing container-based environments. The company provides a comprehensive container management platform known as Portainer CE, which includes features for application management, cluster management, and various other management services such as identity, storage, and network management. For enterprise customers, Portainer offers Portainer Business, which focuses on container management and orchestration. The platform supports a range of environments, including Kubernetes, Docker, Azure container instances, and Edge computing. Established in 2016 and headquartered in Auckland, New Zealand, with an office in Palo Alto, California, Portainer aims to simplify container orchestration systems, making them more accessible and user-friendly for both software developers and IT operations professionals. The intuitive interface provided by Portainer accelerates the adoption of container technology, enhances security, and streamlines software delivery, ultimately aiding enterprises in faster deployment and troubleshooting processes.

Myia

Venture Round in 2021
Myia Labs, Inc. is a health monitoring platform designed to assist patients and clinicians in preventing illness and managing chronic conditions. Established in 2017 and based in San Francisco, the company leverages real-world data from various curated sensors, which is processed through machine intelligence to generate actionable clinical insights. Myia's platform enables continuous patient engagement beyond traditional clinical settings, offering immediate, meaningful insights into individual health data. By bridging the gap between available biosensors and valuable health information, Myia enhances patient quality of life and helps healthcare providers predict and prevent costly medical events. Ultimately, the platform aims to optimize patient outcomes, improve clinical operations, and support the economics of distributed healthcare delivery.

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.

Maven

Venture Round in 2020
Maven is a consulting firm that specializes in business and information technology services, catering to the public sector, private businesses, and non-governmental organizations. Established in 1998 and headquartered in Wellington, New Zealand, Maven offers extensive expertise across various industries and disciplines. The company provides tailored consulting solutions both domestically and internationally, allowing clients to navigate complex projects effectively. With a focus on delivering innovative strategies rather than standard approaches, Maven supports clients in achieving their objectives through informed decision-making and strategic planning.

Yabble

Seed Round in 2020
Yabble provides a platform that uses machine learning and natural language processing to help brands connect with more than 62 million consumers globally, and collect data in real-time. Using the solution, clients can build their own surveys and manage their own customer research communities.

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.

Timely

Venture Round in 2017
Timely Limited offers an online appointment booking software tailored for businesses that operate on an appointment basis, particularly in the spa and salon industry. Established in 2011 and based in Dunedin, New Zealand, the company provides a comprehensive suite of tools to manage appointments, clients, sales, staff, and reporting. Its software facilitates online bookings and enables features such as deposits, payments, gift vouchers, and automated SMS or email reminders. Additionally, Timely supports marketing efforts through email campaigns, bulk SMS marketing, and customer insights, catering to a variety of sectors including beauty salons, hair salons, wellness centers, and personal training facilities.

Unleashed Software

Series C in 2017
Unleashed Software Limited specializes in developing inventory management solutions tailored for various industries, including manufacturing, wholesale, retail, and food production. Its flagship product, Unleashed, is an online inventory management system that streamlines the ordering and purchasing process, enabling users to create purchase orders, track incoming stock, and manage supplier information. The software allows for cloud-based product catalog management, stock visibility across multiple warehouses, and efficient stocktaking. It also supports manufacturing processes with features like bills of materials and production planning, and it provides detailed sales margin reporting. Additionally, Unleashed offers a mobile application for accessing inventory information on-the-go and conducts software training through webinars and video updates. Founded in 2009, the company is headquartered in Auckland, New Zealand, with additional offices in the United Kingdom, United States, and Australia.

Vend

Series D in 2016
Vend Limited develops cloud-based point-of-sale (POS) and retail management software tailored for various retail sectors, including electronics, fashion, health and beauty, and food and drink. Founded in 2009 and based in Auckland, New Zealand, Vend's platform allows retailers to manage and grow their businesses by providing solutions for product management, inventory control, customer management, e-commerce, and loyalty programs. The software operates in web browsers and supports both online and offline functionalities, ensuring uninterrupted service during internet outages. Additionally, Vend integrates with various business tools, such as accounting and employee scheduling applications, facilitating seamless operations across multiple retail locations. The subscription-based model eliminates the need for backups or upgrades, allowing retailers to focus on their core business without IT concerns.

PartsTrader Markets Limited

Private Equity Round in 2014
PartsTrader provides the PartsTrader platform in the US and New Zealand. PartsTrader is an easy-to-use online marketplace that provides collision repairers with a single source for procurement of parts from leading OEM dealers, parts recyclers, and alternative parts suppliers. In the US more than 9,500 collision repairers now source parts from 9,000 suppliers using PartsTrader every day. US collision repairers spend more than $12 billion annually on parts and 13% of that spend is ordered electronically via PartsTrader. The platform has complete US national coverage with more than 8,500 suppliers for all makes and all types of collision parts. PartsTrader is designed to give repairers a unique real-time competitive marketplace, allowing them to make the best parts procurement decisions after gathering information they need to consider part quality, delivery time, supplier reputation, supplier terms and part prices. PartsTrader now has more than 140 dedicated staff throughout the US and New Zealand. For more information about PartsTrader, visit our website at www.partstrader.us.com.

1Above

Seed Round in 2013
1Above Limited is a company based in Auckland, New Zealand, founded in 2010, that specializes in functional drinks designed to help individuals combat jet lag and address health risks associated with air travel. The company offers its products in various formats, including tablets, concentrates, and ready-to-drink options. 1Above's offerings are available at airports in New Zealand and Australia, as well as online for international customers through its website. The focus of the business is to provide effective solutions for travelers seeking to alleviate discomfort related to flying.

PowerbyProxi

Series C in 2013
PowerbyProxi is a leader in advanced, safe, wireless power solutions for consumer electronics (CE) and industrial markets. Our advanced wireless power solutions solve mission-critical problems in demanding, hostile industrial environments. We license and sell robust, flexible wireless power and data solutions, with proven implementations ranging from less than one watt to multiple kilowatts. PowerbyProxi is a venture-backed company spun out of The University of Auckland—an internationally recognized leader in wireless power innovation—and holds a comprehensive portfolio of over 350 patents worldwide. For more information visit: www.powerbyproxi.com

YikeBike

Seed Round in 2012
YikeBike Limited, established in 2009 and based in Christchurch, New Zealand, specializes in the design, development, and manufacturing of electric folding bicycles. The company's flagship product, the YikeBike, is a lightweight, fully electric bicycle that can be easily folded for convenient storage and transport. Constructed with high-tech carbon-fiber materials, these bicycles provide a range of approximately twenty kilometers, making them a practical solution for urban commuting. YikeBike sells its products online, catering to customers worldwide, and aims to enhance personal mobility in urban environments.

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 that specializes in high-performance cloud computing, offering a platform that allows independent software vendors (ISVs) to transition their applications to the cloud without the need for extensive recoding. The company provides an intelligent interface known as the "GreenButton," enabling users to access cloud resources directly from their desktop applications. This service simplifies the integration of cloud capabilities for compute-intensive applications, allowing software vendors to efficiently manage licenses and monetize their offerings. With offices in New Zealand, Palo Alto, and Seattle, GreenButton has been recognized as a leader in the cloud sector, notably winning the Microsoft Windows Azure ISV Partner of the Year award in 2011. As the demand for cloud computing continues to grow, GreenButton addresses the challenges faced by end users and vendors in engaging with cloud resources effectively.

Ponoko

Angel Round in 2010
Ponoko Limited is a New Zealand-based company founded in 2007 that offers a Personal Factory software platform for mass customization of goods. It provides an online laser cutting and engraving service, allowing users to turn their digital designs into custom products. Customers can choose from over 99 materials and receive instant quotes for their designs, which can be produced in quantities ranging from one to hundreds of thousands. Ponoko also offers CNC routing and 3D printing services, along with an API for developers. The company operates an online marketplace connecting 3D product creators, digital fabricators, materials suppliers, and buyers, facilitating the sale of custom products tailored to specific needs. With fast delivery options and a satisfaction guarantee, Ponoko aims to streamline the process of creating and ordering personalized items.

GiveALittle

Seed Round in 2008
GiveALittle Limited, founded in 2007 and based in Wellington, New Zealand, provides a free online fundraising platform tailored for New Zealanders. The service allows individuals and organizations to create fundraising campaigns to support various causes and projects. As of January 2020, GiveALittle operates as a subsidiary of Perpetual Guardian Trust Holding Company Limited, enhancing its capability to assist users in raising funds for personal, charitable, and community initiatives.

nzgirl

Series A in 2008
Nzgirl Limited is a New Zealand-based company that focuses on publishing content aimed at women. Established in 2000 and based in Auckland, the company operates as a subsidiary of nzgirl 1999 Ltd. Nzgirl offers a digital platform that includes a magazine and various resources tailored to female audiences, catering to their interests and needs. Through its engaging content, Nzgirl connects with women across New Zealand, providing insights, lifestyle tips, and a sense of community.
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