# Pencarrow Private Equity

> Pencarrow Private Equity is a VC fund in Wellington backing Information Technology and Pet. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Wellington, New Zealand
- Total investments: 5
- Last investment: Feb 2024
- Lead investor: 80%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/pencarrow-private-equity
- Website: http://www.pencarrowpe.co.nz/

Pencarrow Private Equity is a VC fund in Wellington focused on Information Technology and Pet. Pencarrow is New Zealand’s longest established private equity manager

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Information Technology | 2 | 40% |
| Pet | 1 | 20% |
| Advice | 1 | 20% |
| Lending | 1 | 20% |
| Computer | 1 | 20% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Private Equity | 3 | 60% |
| Series B | 1 | 20% |
| Venture - Series Unknown | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Pet Direct | Pet Direct provides a wide array of pet products including food, treats, toys, accessories, and vet flea and worm packs for cats and dogs. |  | Venture - Series Unknown | Feb 28, 2024 | https://petdirect.co.nz/ |
| RedShield Security | RedShield is one of the most effective web-application defence systems you can buy. Put simply, we are experts in web-application vulnerability remediation as a service. WEB-DEFENCE: RedShield redefines what a web-app protection service should do. We are the world’s first web-application defence system to be targeting 100% vulnerabilitymitigation. This impressive goal can only be achieved using our advanced shielding technology, allowing us to create designer shields for every application vulnerability found. As more and more attacks are being launched every day, it is virtually impossible to be able to ‘100% protect you.'​ What we do instead is attempt to shield and deflect every attack against every vulnerability found in your systems. ZERO TOUCH: All of this is achieved without a single update to your back-end code. Simply pass your web-traffic through RedShield, and our team of global security experts will break down and analyse every vulnerability scan and pen-test result found. Our systems will then provide and deploy the necessary shields. If your issue is truly unique then our 24x7x365 expert defence teams will tailor the shield(s) your applications needs, and not only the technical flaws, but we can also shield logic flaws too. INSIDE AND OUT: We can also shield web-apps via our global RedShield Cloud or even your internal apps with our RedShield Private Nodes. In short, we provide all the systems and expertise to make it work. | $14M | Series B | Sep 16, 2019 | https://www.redshield.co/ |
| Avanti Finance | Avanti Finance offers an array of loans, financial, mortgage, lending, and payment services. |  | Private Equity | Jan 01, 2019 | https://www.avantifinance.co.nz/ |
| FrostBoss® | FrostBoss® manufactures frost protection solutions, including FrostBoss® fans and FrostSmart® monitoring systems. |  | Private Equity | Jan 01, 2019 | https://x.com/frostbossfrost1 |
| Icebreaker |  |  | Private Equity |  |  |

5 of 5 investments shown.

## Co-investors
- [Sage Technologies](https://shizune.co/investors/profile/sagetechnologies) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Foresight Group](https://shizune.co/investors/profile/foresight-group) — VC Fund
- [YFM Equity Partners](https://shizune.co/investors/profile/yfm-equity-partners) — VC Fund
- [Fondaction](https://shizune.co/investors/profile/fondaction) — VC Fund

## FAQ

### What does Pencarrow Private Equity invest in?

Pencarrow Private Equity invests primarily in Information Technology, Pet and Advice startups, most often at Private Equity and Series B stage. Most of the 5 investments tracked by Shizune back companies in New Zealand. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Pencarrow Private Equity last invest?

The most recent investment recorded for Pencarrow Private Equity closed in Feb 2024. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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