MEDIA RELEASE: Angel Association commends initiatives like AngelEquity
The Angel Association today welcomed the launch of AngelEquity, a new equity crowd-funding platform leveraging deals from New Zealand’s formal angel networks such as AngelHQ, Ice Angels and Enterprise Angels.
“Early stage, high growth companies are always looking for capital. Without capital the growth path is exponentially slower,” said Suse Reynolds, AANZ Executive Director.
The Angel Association exists to support those investing in these companies and welcomes any initiatives to help broaden and deepen the pool of capital available and raise the profile of the ventures they are funding.
Angel Association members include the networks or clubs, early stage funds, investor-led tech incubators and equity crowd funding platforms.
Suse Reynolds said she believed there is still plenty of room for growth and specialisation in this end of the capital markets.
Early stage, high growth companies are highly risky investment prospects but they are absolutely vital for NZ’s future economic and social wellbeing. The companies our members are backing are the Xero’s, F&P Healthcare companies of the future.
In order to give these companies the best chance of success what they need, along with the capital, is the exposure and support to the expertise and connections the capital can help deliver. AngelEquity provides a link between the angel networks and individual high networth investors improving the prospect of those synergies being created.
For more information, please contact:
Suse Reynolds, AANZ executive director on 021 490 974 or [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; to support the angel networks and help create new networks; to promote the growth of angel investment in New Zealand by encouraging and educating entrepreneurs, new angel investors and angel groups; and to ensure the ongoing success of the angel movement through developing industry strategy, encouraging collaboration and educating the wider New Zealand public about the importance of angel investing in growing our economy. AANZ currently has 20 members representing more than 550 individual angels associated with New Zealand’s key angel networks and funds. Recent NZ Venture Investment Fund data revealed angels have invested more than $NZ438 million in over 680 deals in the last 9 years. For more, please visit: www.angelassociation.co.nz