We believe in investing in high-growth, homegrown startups.
Our KiwiSaver and Investment Funds Growth and High Growth Funds invest in venture capital funds managed by Icehouse Ventures.
We target higher returns in line with the higher risks in startup companies.
Long term, we hope to have $100 million invested in New Zealand venture capital investments.
In accordance with our Responsible Investment Policy we don’t invest in startups operating in certain sectors.
$32.5 Million
Invested
78
NZ startup companies
$100 million invested in NZ startup companies.
Caruso
Mushroom Material
Yourcar
Upstock
Relay
HelicoBio
Solve
Aspiring Materials
Croptide
OpenStar Technologies
RespirAq
Vertus Energy
Energy Bank
Remotely
Basis
Mint Innovation
Shift72
Tracksuit
Shuttlerock
LawVu
Tradify
Halter
Resolvd AI
Pylot
Frond
Chatterize
ThinkLadder
Unfiltered
Nanolayr
Datch
Formus Labs
Easy Crypto
SeaChange
vWork
Narrative
Dawn Aerospace
First AML
Pyper Vision
Foundry Lab
FileInvite
BioLumic
ArchiPro
Parrot Analytics
Crimson Education
Komodo
TransAxon
Inhibit Coatings
Dexibit
Aglow
Vessev
Ideally Software
Re-Leased
Timescapes
Zincovery
Leaft Foods
Substack
Nuro
Foxglove
Wayve
Re-Leased
*All underlying investments are as at 28 February 2026. Investments are held by our Growth and High Growth KiwiSaver and Investment Funds in venture capital funds managed by Icehouse Ventures and other third party managers we select from time to time.
Most of us think of tracksuits as something we climb into on a lazy day at home or when headed to the gym. But in the fast-growing world of brand marketing and more recently brand tracking, Tracksuit is the cool new kid turning heads.
Ivy league college counselling service Crimson Education has always aimed to be top of its class, and it's one of the successful companies backed by Icehouse Ventures Growth Fund I, which Simplicity invests in.
The VC funds we invest in have policies that align with our Private Equity Valuation Policy, which you can see here.
This depends on many factors, including the quality of companies that startup, the overall economic environment, and the time period invested in.
But given the higher risk nature of startup companies, it is reasonable to assume that many will fail and a few succeed very well.
That's why our philosophy is to invest in VC funds managed by experienced managers with exposure to diversified portfolios of startup companies.
Yes, investment agreements with external VC fund managers require them to have policies that align with Simplicity's Responsible Investment Policy.
The Growth and High Growth KiwiSaver and Investment Funds have investments in Venture Capital. To see your fund's target asset allocation to private equity investments, which includes venture capital investments, review the KiwiSaver or Investment Funds scheme SIPO - these allocations are made within the New Zealand shares allocation.
You can also see what this would be in dollars and cents by using the Where in the world is my money? calculator on our website. Look for NZ Venture Capital Investments under New Zealand investments.
Or if you are a member, log in to your account and see exactly what you have invested by clicking ‘Where in the World is my money?’ on the main menu.
