See below for a summary of our open offers. More recently, Retirement Income Group has been undergoing due diligence and we hope to have something for you in June.
Spoke’s current offering turns mobile phones into a complete business phone system in 3 minutes or less. Clients don’t need desk phones, hardware, wires, or an IT guy to make it all work. In July they are planning to release Spoke for Teams, centred around call productivity – phone calls that take notes, assign tasks, and write follow up actions while you talk.
The Spoke Team are a proven SaaS software operating team, who have built and exited multiple businesses, the last producing $85M of recurring SaaS revenues. Their founder patented the original protocols for TXT messaging, their CTO built a call centre stack supporting 30,000 concurrent calls/agents, and their Chairman was the COO who led the Blackberry turn around.
First close of $1.5m achieved. We will be checking back in with Spoke in August/September as we conclude the final close of this round.
Wing Acoustics has reinvented the loudspeaker, developing the world’s first rigid audio driver (the acousticWING®) that delivers the purest sound ever heard combined with the deepest, distortion-free, bass. It looks like nothing seen before. They have been working on this revolutionary tech for over a decade, but really hit their straps around six years ago, when they created what has been described by some of the world’s foremost audio engineers as “The world’s best headphones”. Wings aim to license this technology and further innovation, either directly to audio manufacturers and brands or in joint development with audio manufacturers. Click here to view their website.
Brought to us by 2010 NZ’er of the year Sir Ray Avery, Jupl, in conjunction with Samsung, Spark NZ, Bupa and Cisco Jasper have developed an IoT enabled wearable mobile personal Emergency Response System utilising the Samsung Gear S3 watch (Jupl Mobile). The Jupl Mobile together with the Jupl In-home Personal Emergency Response System (PERS), connects to Jupl’s propriety data analytics platform (Jupl Cloud) delivering an end to end solution of unrivaled independence and safety to the elderly and those experiencing specific medical conditions. Jupl also intends to target the lone worker market and the general and health insurance markets. Click here to view their website.
Retirement Income Group
The Retirement Income Group (RIG) is an annuity provider for the New Zealand market, enabling retirees to turn existing or future lump sums into guaranteed income for life. The income level will typically be set as a fixed percentage of the value of the lump sum. This type of product has been available for a number of decades across much of the developed world, although it fell out of favour in NZ many years ago and has at times struggled in other parts of the world. RIG believes that not only has it addressed the problems experienced elsewhere in the world, it has also positioned itself in a currently unique position for the large number of KiwiSavers due to retire in the next few years. This is a third round of capital raising, as RIG transitions from a startup to an early stage growth company. Click here to view their website.
Seeking up to $4.5m.