# Movac

> Movac is a VC fund in Wellington backing Software and SaaS. See 69 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Wellington, New Zealand
- Total investments: 69
- Last investment: Jan 2026
- Lead investor: 49%
- Fund size: $125M
- Last fund: Dec 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/movac
- X (Twitter): https://twitter.com/movac_vc
- Website: https://www.movac.co.nz/

Movac is a venture capital company that invests in early stage technology companies. The company was founded in 1998 and is based in Wellington, New Zealand.

## Contacts

5 contacts available for Movac. Shizune tracks 13 team members at Movac. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/movac?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.4M–$4.9M |
| Series A | $1.5M–$16M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 15 | 22% |
| SaaS | 6 | 9% |
| E-Commerce | 6 | 9% |
| Manufacturing | 6 | 9% |
| Medical Device | 5 | 7% |

98 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 22 | 32% |
| Series A | 9 | 13% |
| Funding Round | 7 | 10% |
| Series B | 6 | 9% |
| Series C | 6 | 9% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| New Zealand | 38 | 55% |
| United States | 7 | 10% |
| Australia | 1 | 1% |
| United Kingdom | 1 | 1% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Andrew Tokeley | Operating Partner | 0 | https://shizune.co/investors/profile/andrew-tokeley |
| David Beard | Partner | 8 | https://shizune.co/investors/profile/david-beard |
| Mark Stuart | Partner | 9 | https://shizune.co/investors/profile/mark-stuart-3 |
| Mark Vivian | Partner | 6 | https://shizune.co/investors/profile/mark-vivian |
| Yogesh Patel | Associate | 0 | https://shizune.co/investors/profile/yogesh-patel-3 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| AutoGrab | AutoGrab is a vehicle software company that is focused on assisting dealerships, finance and insurance companies. | $55.3M | Series B | Jan 27, 2026 |  |
| LawVu | LawVu’s Legal Workspace is the software solution revolutionizing legal operations. It’s the first truly connected platform for matter, contract and spend management for in-house legal teams.In-house lawyers using LawVu gain true visibility over all their legal work, improve productivity, showcase legal’s value to the wider business, and mostimportantly, create better business outcomes.From intake to insights – LawVu’s Legal Workspace is your everyday ‘go-to’ for all your in-house legal work, no matter how large or small.Within the Workspace you’ll find a unified suite of productivity and collaboration tools built specifically for in-house legal teams. Matters, contracts, outside counsel and spend, documents, knowledge and insights - all managed in one cloud-based, secure and connected system.The LawVu Workspace scales with your team - start with individual modules or unleash the full power of the complete platform. When the modules are used together, the Workspace becomes a powerful, single source of truth for high performing legal teams. | $6M | Venture - Series Unknown | Dec 17, 2025 |  |
| Avasa | Avasa is a medical device company. It helps to improve surgical procedures by developing novel implantable devices. | $2.8M | Seed | Aug 25, 2025 |  |
| Atomic | Atomic is design, prototyping, and collaboration software for teams. Atomic offers the fastest way to design beautiful interactions. Atomic handles animations and lets you make interactive designs. Atomic allow users to collaborate on their designs with their team in real time. | $2.5M | Venture - Series Unknown | Apr 24, 2025 |  |
| Advemto | Advemto is the manufacturer and developer of ultrafast spectroscopy systems that help researchers. |  | Seed | Feb 01, 2025 |  |
| RosterLab | RosterLab goal is to automate every part of the rostering process for healthcare. | $1M | Seed | Nov 27, 2024 |  |
| Auror | Auror is the retail crime intelligence platform empowering enterprise retailers to stop crime, for good. They do this by making it easy to report actionable intel, connect the dots on repeat offenders, and distribute actionable intelligence to teams to prevent crime in real time. Auror has offices in Denver (Colorado), Auckland (New Zealand), andMelbourne (Australia) to support its growing retail base, which includes some of the largest retailers in the world. | $48.6M | Series C | Nov 12, 2024 |  |
| Alimetry | Alimetry is a health technology startup based in Auckland, New Zealand, developing breakthrough solutions for diagnosing disorders of gastrointestinal (GI) function. | $18M | Series A | Oct 28, 2024 |  |
| Re-Leased Software Company Limited | Re-Leased is a cloud based mission critical software solution disrupting the traditional ways of managing commercial real estate; significantly reducing our customers operating risk and saving up to 70% of administration time. Re-Leased exists to shape the future of commercial real estate to drive better outcomes for people, property and planet. | $12.5M | Venture - Series Unknown | Sep 03, 2024 |  |
| Crimson Education | Crimson supports students from around the world to become world-class leaders. What started 10 years ago as an admissions consultancy helping Kiwi students get into the world’s top colleges has turned into an ecosystem of online education products that allow students around the world to accelerate their studies from pre-primary to postgraduate.Through rapid innovations in product and tech, we have scaled our impact and supercharged the education careers of over 100,000 students from more than 60 countries.Services include in-depth US, UK, EU and Australian university admissions support, Australia and New Zealand medical school admissions support, local curriculum tutoring, and extracurricular mentoring.Visit the Crimson Education website to learn more about our network, our edtech platforms and free resources for families. | $39.9M | Series D | Jul 23, 2024 |  |

10 of 69 investments shown.

## Co-investors
- [Icehouse Ventures](https://shizune.co/investors/profile/icehouse-ventures) — VC Fund, 18 deals together
- [New Zealand Growth Capital Partners](https://shizune.co/investors/profile/new-zealand-growth-capital-partners) — VC Fund, 16 deals together
- [K1W1](https://shizune.co/investors/profile/k1w1) — VC Fund, 12 deals together
- [Enterprise Angels](https://shizune.co/investors/profile/enterprise-angels) — VC Fund, 5 deals together
- [GD1 (Global From Day One)](https://shizune.co/investors/profile/global-from-day-one-fund-ii) — VC Fund, 5 deals together
- [Punakaiki Fund](https://shizune.co/investors/profile/punakaiki-fund) — VC Fund, 5 deals together

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## FAQ

### What does Movac invest in?

Movac invests primarily in Software, SaaS and E-Commerce startups, most often at Seed and Series A stage. Most of the 69 investments tracked by Shizune back companies in New Zealand. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Movac's check size?

Movac typically joins rounds of $1.4M–$4.9M at Seed and $1.5M–$16M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Movac participates in.

### How do I contact Movac?

Public channels for Movac include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Movac?

The team at Movac includes Andrew Tokeley (Operating Partner), David Beard (Partner) and Mark Stuart (Partner), among 13 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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