Angel investing is a lesser known, but flourishing asset class in New Zealand.
Young company investments (angel and venture capital) have steadily increased from $30 million in 2008 to over $100 million in 2018¹. The New Zealand tech sector economy is starting to see the fruits of these investments with growth evident over the past decade: $6.3 billion in 2008 to $11.1 billion in 2018¹. As the asset class matures, and to ensure the continued growth, it needs good infrastructure and rigour in the management of its investments and investors.
Providing a full infrastructure solution is Syndex, a fintech company bringing private market investments to retail and wholesale investors. Their SaaS platform supports the management and trading of proportionally-owned investments, with a service that provides for both Issuers of, and investors in syndicates, limited partnerships and private equity. Uniquely, they host a secondary market that enables peer-to-peer trading with the benefits of price discovery and transparency. The secondary market completes the private market eco-system, a full-service hub supporting multiple shareholders to provide stronger governance and automation. Syndex clients take their pick from three modules; registry management, the investor portal and the marketplace, all of which work singularly or in unison.
Investment opportunities exist, via Syndex, in a multitude of asset classes; commercial property, agriculture, venture capital and now, angel investing. The addition of angel investments to the Syndex marketplace gives their community of investors the opportunity to invest into early-stage businesses and to support NZ innovation across agtech, technology, hardware & equipment, and software & services.
“Angel networks provide investors with a measured and collaborative means of investing in early-stage companies, which is essential in this risky investment space,” said Mike Jenkins, Syndex Founder.
To see current marketplace listings click here.
