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

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 global leader in pricing transformation for the life insurance industry. It provides an actuarial modeling platform which blends actuarial and data science into a powerful, easy-to-use software that helps insurers price their risk. Its customers include several of the world’s leading insurance providers and the company is rapidly expanding in the United States, Asia, Australasia, and the UK. Montoux improves life insurance carrier's profitability and speed to market and allows them to respond easily to fast-changing market dynamics. 

For media inquiries please contact:

Esther Robinson
esther@montoux.com
027 35 39 888
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