Wellington tech companies benefit from record levels of early-stage investment

Wellington tech companies benefit from record levels of early-stage investment

WELLINGTON, NEW ZEALAND (July 6, 2018) - Wellington’s early-stage tech companies are reaping the benefits of the record amount of angel and crowdfunding investment flowing into the tech sector, according to analysis from Technology Investment Network (TIN).

The third annual Investor’s Guide to the New Zealand Technology Sector, published in May by TIN and the Ministry of Business, Innovation and Employment (MBIE), showed record levels of early-stage investment with combined funding from New Zealand-based angel investors and domestic crowdfunding increasing by 35% to $112 million; the first time the figure has topped $100 million (NZVIF and Snowball Effect 2018).  

Read the full article on BizEdge here.

About Montoux

Montoux is the Actuarial Automation and Decision Science platform for life and health insurers. By combining actuarial and data science expertise with automation and machine learning techniques, Montoux provides life and health insurers with a game-changing, cloud-native platform to make data-driven decisions, reduce expenses and improve policyholder lives. Montoux’s customers include several of the world’s leading insurance providers across North America, Europe, Asia and Australasia and the company has been listed on both the Insurtech100 and AIFintech100 lists as one of the most innovative tech companies in the world.

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