We believe in investing in high-growth, homegrown startups.
The Simplicity Private Equity Fund holds 4% of Icehouse Ventures Limited and invests 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.
$25 Million
Invested
71
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
*All underlying investments are as at 31 August 2024 and are held through the Icehouse IVX Capital Call Fund and the Tuhua Ventures II Fund.
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.
Companies are typically valued according to the valuation at their last capital raise and the achievement of milestones since that time. You can see our Private Equity Valuation Policy here, which includes a summary of how Icehouse Ventures values our startup investments that it manages for us.
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 many different startup companies via Icehouse Ventures funds.
Icehouse funds invest in line with Simplicity's Responsible Investment Policy.
To see how much of your fund is invested in to Venture Capital, look under KiwiSaver or Investment Funds for the fund you're invested in (or interested in investing in!), and then find What this fund invests in. Venture capital investments are part of 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 (65 startups) 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.
