Friday 6 November 2020
Angel Awards Announced.
Avid.legal’s Bruno Bordignon and FileInvite recognised.
At its annual summit being held in Auckland today, Angel Association New Zealand announced this year’s winners of the Puawaitanga Award (recognising the founder and investor director who exemplify what can be achieved when committed people draw on their collective skills and experience) and the Kotahaitanga Award (recognising people in the angel community who have made an outstanding contribution to the industry).
The Puawaitanga Award has been presented to FileInvite CEO James Sampson and investor-director chair, Flying Kiwi Angels’ Garth Hinton. FileInvite is a B2B software as a service platform which automates and streamlines the process of requesting and gathering client documentation. With clients in 28 countries and doubling recurring revenue in under 9 months, FileInvite has grown total revenue more than 200% year on year and has up to 30% of all Australian mortgage applications going through the platform.
Garth Hinton has been on FileInvite and James’s wing for the last three years and is a true champion for the company helping it raise $4.5m dollars in growth capital. Garth has been a member of Auckland’s Flying Kiwi Angels network for the last five years and is a member of the Angel Assn’s Flight initiative set up to support the more active of the country’s angel investors and provide them with specialist professional development and networking.
In making the award, Angel Association Chair, Suse Reynolds said James and Garth are exemplars of what investor/founder alignment, mutual support and good governance can achieve.
“FileInvite completely exemplifies the kinds of businesses New Zealand so acutely needs right now; scaling fast and creating the revenue and jobs we need to revive our economy. No one scales value in a high-growth tech company on their own. James and Garth, together with the rest of the 20 strong FileInvite team, have a clear strategy for value creation and growth which has seen them raise an over-subscribed round in the midst of the covid lockdown with a view to creating a compelling valuation uplift for their series A round in 18 months time,” she said.
The recipient of the Kotahitanga Award is one of Avid.legal’s founding partners, Bruno Bordignon.
Bruno has been supporting angel investors, angel backed founders and the growth of angel investment in New Zealand for over a decade. Bruno was a partner at Wellington based Duncan Cotterill, before taking the leap to “live the startup dream” himself and set up Avid Legal in 2016.
As well as providing countless hours of free advice and counselling to angel investors and founders over the years, Bruno has served on the Board of AngelHQ and Chaired the Wellington network for two years from 2014 to 2016. Bruno has also fronted dozens of workshops on topics such as capital strategy, term sheets, portfolio management and preparing for acquisition. As well as preparing the documentation to form AngelHQ, Bruno has supported the setup of Arc Angels, Canterbury Angels, Venture Taranaki and Angel Investors Marlborough. A year or two ago, Bruno led work to bring together a number of law firms from around New Zealand to update the industry term sheet.
“Bruno exemplifies the values which make angel investment rewarding and successful. His warmth, generous spirit, ambition, professionalism, depth of knowledge and genuine care for investors and founders alike have imbued New Zealand’s startup ecosystem. We are fortunate to have people like him in our community,” said Suse Reynolds.
Yesterday, AngelHQ’s Serge van Dam received the Arch Angel Award which was first awarded in 2009 to Sir Stephen Tindall. See separate release here.
For more information, please contact:
Suse Reynolds, AANZ executive director
mob: 021 490 974 or email: [email protected]
The Angel Association of New Zealand (AANZ)
The Angel Association is an organisation that aims to increase the quantity, quality and success of angel investments in New Zealand and in doing so create a greater pool of capital for innovative start-up companies. It was established in 2008 to bring together New Zealand angels and early-stage funds. AANZ currently has 45+ members representing over 800 individual angels associated with New Zealand’s key angel networks and funds. AANZ works closely with NZTE, NZ Growth Capital Partners and Callaghan Innovation and a number of private sector partners including Jarden, PWC, Avid Legal, Baldwins, KiwiNet, Uniservices, Amazon Web Services and BNZ. For more, please visit: www.angelassociation.co.nz
The Puawaitanga Award recognises the founder and investor-director who best exemplify what can be achieved when committed people draw on their collective skills and experience. This award celebrates an angel-backed venture achieving world class success. This venture has excellent governance, a compelling business proposition and a well-defined strategy for exponential returns.
Puawaitanga – ‘best return on integrated goals’.
The Kotahitanga Award recognises those people in the angel community who have made an outstanding contribution to the industry. It acknowledges those who have selflessly given personal time and energy for a sustained period and contributed to the professionalism, profile and reputation of angel investment in New Zealand.
Kotahitanga – ‘unity and a shared sense of working together’.