Tradify, a job management platform for Tradies, has recently secured a significant investment into a New Zealand technology firm, with a 10 million dollar investment led by Movac.
Simplifying quoting, scheduling and invoicing for trades businesses, Tradify has now reached a point where it is ready to scale at pace with a proven business model.
CEO Michael Steckler says the plan is to increase the size of Tradify’s product and engineering team, and to make increased investments into sales and marketing to further accelerate the company’s growth globally and in New Zealand.
“The Movac-led investment will allow Tradify to create more high-value jobs in New Zealand, where its product and engineering teams are based, and will be inspiration to other tech companies, demonstrating that Kiwi tech can compete globally.”
Being a big supporter of NZ tech, Movac has worked with Kiwi companies like Timely, Vend, Unleashed Software and others who have all successfully expanded globally.
Movac partner Jason Graham says the Tradify team have shown their ability to identify a market opportunity, provide an industry-leading solution, and scale a team to match the opportunity.
“Its rapidly-growing international client base is proof of that. Like many capital raises, Tradify had a number of options, and the Movac team is fortunate, and delighted, to get the chance to work with Michael and his team. It’s a great opportunity for us to deploy our capital, experience and international networks,” says Graham.
Steckler says Movac will be taking an active role in the business’s governance with Graham joining the Tradify board.