NomosOne

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nomos-logoNomosOne is a SaaS company that automates the life cycle of commercial leases. Its main features include automated document generation and management, the ability to connect all stakeholders in a transaction, as well as instant reporting on property performance within a portfolio and reminders for important events like rent reviews and compliance filings.

They have hundreds of users including some big-name accounts in New Zealand and the UK, and have been growing at 33% per month. Revenue comes from an onboarding fee, followed by monthly subscriptions. They ambitiously aim to be a $1B+ company in five to seven years, and want to own the property management software category.

david bromleyjanine manningjonny-mirkinFounder and CEO Jonny Mirkin recently moved from Dunedin to London to set up their European office. Jonny is a lawyer with an MBA who was solving his own problem – managing all of the legal documents around property transactions, ongoing maintenance of compliance documentation and reporting. The rest of their 15-strong team is based in Dunedin including CFO Janine Manning and CTO David Bromley.

I asked Jonny what their biggest challenge has been to date, and he answered with a common refrain that I often hear from founders: balancing the drive to build the business versus spending time fundraising.  NomosOne is raising a significant round at the moment to make a big sales and marketing push, with some money reserved for additional development. Since starting in 2011, they’ve raised several smaller rounds, which according to Jonny have all been oversubscribed.

NomosOne’s target market is businesses that own or manage at least 10 properties, including property managers, property funds, law firms, retailers, supermarkets, ports, chain restaurants/cafes, marinas, breweries, infrastructure companies, telcos, banks etc.

NomosOne is also currently hiring salespeople in Auckland – if you know anyone who has experience in their target market and can sell SaaS, do get in contact with them.  They’re also have positions for a couple of devs in Dunedin.

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Leaping Tiger

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leaping-tigerOur first NZ Startup of the Week is Leaping Tiger, a location-based friend finding app which lets gamers find other gamers to play against, team up with, or message with.

Amy Potter Jordan LilleyBased in Wellington, founders Jordan Lilley and Amy Potter started Leaping Tiger to solve their own problem.  Amy explains, “When you bring a new video game home, you are currently faced with two options – play with someone you know in real life, or be forced online into random online matchmaking with faceless strangers. Random online matchmaking has a whole host of specific problems – from people speaking a totally different language, people with terrible ping, and people who don’t have a headset when the game really requires one to succeed. There are also a lot of other factors that come into play here, where gamers would ideally love to meet someone new with similar gaming interests to them, who likes similar things to them, and plays at similar times to them – but until now there has been no simple and instant way to do that! We bridge the gap between totally random strangers, and real life friends, allowing gamers to discover those near them, playing the same games they do, and who are online right now.”

You might be thinking that Steam, Xbox, PlayStation and others all provide a way for people to connect, but Leaping Tiger claims that they’re the only cross-platform system to do this, and that because they’re much more user-centric than the big platforms, their recommendations are much better targetted and useful.

Leaping Tiger launched in May 2015, and four months in they already have over 6,000 users in 70 countries – they’re clearly building a community really quickly, and have great support.  They’re firmly focussed on a “global from day one” strategy, with the US and UK markets number one and two in terms of current user base, with NZ in third place.

Currently pre-revenue, they want to monetise in the short term through very specific genre- and location-based affiliate links, moving into freemium offerings and partner/sponsor rights.  They point out that the gaming industry is already bigger than music plus movies, and continuing to grow rapidly.

Leaping Tiger is currently raising a seed round through Angel HQ and ICE Angels to more deeply explore international markets and continue product development.  This will be their first investment, and they’d love to acquire overseas gaming industry connections at the same time.

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Welcome to NZ Startup of the Week

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Welcome to NZ Startup of the Week, curated by Dave Moskovitz.

Every Monday from 7 September 2015, we’ll be featuring one NZ startup that is taking on the world.

If you’re a startup that’s seeking capital, hiring, or looking for new customers, this is your chance to tell your story.  Interested?  Apply to be featured.

If you’re an investor, looking for a job at a startup, or just want to see the latest greatest company to come out of New Zealand, this site is the place for you.  Keep up with our weekly updates, and subscribe.

 

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