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 leading decision science platform specifically designed for life insurers, enabling them to improve profitability, grow sales, and better understand and serve customers. This powerful platform is grounded in actuarial science, data science, and optimization algorithms that help insurers unlock the value hidden in their data to make high impact decisions they would otherwise be unable to make. Montoux's customers include several of the world’s leading insurance providers and the company is rapidly expanding in the United States, Australasia, and the UK.

For media inquiries please contact:

Kimberly Walker
kimberly@montoux.com
+1 (914) 714 4556
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