About Enterprise Software sector in New Zealand
The Enterprise Software sector in New Zealand comprises 2.1K companies, including 292 funded companies having collectively raised $1.32B in venture capital money and private equity. Out of these, 136 are Series A+ funded.
Enterprise Software sector in New Zealand has seen 81 acquisitions and 16 IPOs.
This sector includes companies offering cloud-based or standalone software solutions for enterprises such as ERP, CRM, HR software, etc.
Enterprise first application providers, Cloud or web-based enterprise applications are included in this sector. Consumer first software solution, Enterprise tech hardware solutions, Marketplace platform, Software development services providers, Digital transformation services are excluded.
Top Enterprise Software Companies in New Zealand
There are 2,098 Enterprise Software startups in New Zealand which include Xero, Auror, Serko, First AML, Xplor. Out of these, 292 startups are funded, with 136 having secured Series A+ funding.
Over the past 10 years, an average of 88 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Cambridge, Cornell University and Massachusetts Institute of Technology.
Here is the list of top Enterprise Software startups in New Zealand
1. Xero
Cloud-based accounting and payment management software for small and medium businesses. It features solutions for invoicing, accounts payable, expense claims, asset management, purchase orders, business and management reporting, bank reconciliation, and more. It also offers solutions like Xero cashbook and ledger for accountants. Its app is available across Android and iOS platforms.
Key facts about Xero
- Founded Year: 2006
- Location: Wellington (New Zealand)
- Stage: Public
- Investors: TCV, AMCIL and 9 Others
- Latest Funding Round: Post IPO, Apr 18, 2017, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 3 of 3,434 Competitors
2. Auror
Software for law enforcement agencies to prevent crime. Works with police and retailers to prevent thefts and other organized retail crimes and enable crime reporting. The platform aggregates all the crime data and provides intelligence to police to prevent further crimes. The tool has the capability to connect, people, vehicles, and other information which could be used by police to prevent organized shoplifting.
Key facts about Auror
- Founded Year: 2012
- Location: Auckland (New Zealand)
- Stage: Series C
- Total Funding till date: $67.9M
- Investors: Reinventure Group, Movac and 29 Others
- Latest Funding Round: Series C, Nov 13, 2024, $*****
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 1 of 66 Competitors
3. Serko
Serko is a travel and expense management solution provider for businesses. Key products include Serko Online and Serko Incharge. Allows travel administrators and business travelers to book flights, accommodation and car hires. Integrates with its own and other expense management solutions. Enables employees to submit expense claims and finance teams to review and reconcile claims.
Key facts about Serko
- Founded Year: 2007
- Location: Auckland (New Zealand)
- Stage: Public
- Investors: Booking.com and Callaghan Innovation
- Latest Funding Round: Post IPO, Oct 27, 2020, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 7 of 433 Competitors

4. First AML
KYC & AML solutions for multiple sectors such as law firms, financial institutions, accountants, real estate agencies, and more. It facilitates transaction monitoring, customer onboarding, identity verification, fraud prevention, and more. It facilitates biometric identity verification.
Key facts about First AML
- Founded Year: 2017
- Location: Auckland (New Zealand)
- Stage: Series B
- Total Funding till date: $27.3M
- Investors: Bedrock, Blackbird Ventures and 4 Others
- Latest Funding Round: Series B, Nov 01, 2021, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 19 of 730 Competitors

5. Xplor
Cloud-driven business management software for local service providers. It offers an e-commerce enabling solution, omnichannel platform, digital payments method, CRM, loyalty programs, billing & accounting, and more. It caters to industries including childcare, retail gyms, field services, education, and more.
Key facts about Xplor
- Founded Year: 2015
- Location: Auckland (New Zealand)
- Stage: Funding Raised
- Investors: FTV Capital and Advent International
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 8 of 62 Competitors
Companies founded year-on-year in the Enterprise Software sector in New Zealand
201 Enterprise Software startups in New Zealand were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 7 |
2024 | 16 |
2023 | 66 |
2022 | 63 |
2021 | 102 |
2020 | 201 |
2019 | 162 |
2018 | 155 |
2017 | 117 |
Stage-wise distribution of Enterprise Software sector companies in New Zealand
Out of the total 2,098 Enterprise Software companies in New Zealand, 292 have secured funding. Among them, 136 have reached Series A or higher, and 109 to Series B or beyond.
Founded - 2,098
Funded - 292
Series A+ - 136
Series B+ - 109
Series C+ - 101
Company Stage | No. of companies |
|---|---|
Founded | 2,098 |
Funded | 292 |
Series A+ | 136 |
Series B+ | 109 |
Series C+ | 101 |
Funding Trends in the Enterprise Software sector in New Zealand
Total funding year-on-year in the Enterprise Software sector in New Zealand
The Enterprise Software sector in New Zealand saw a total funding of more than $879M in the last 10 years. The most amount of funding was in 2022 at more than $151M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $86M |
2024 | $97.4M |
2023 | $68.9M |
2022 | $151M |
2021 | $132M |
2020 | $71.8M |
2019 | $57.5M |
2018 | $108M |
2017 | $87.4M |
Recent Funding Rounds in Enterprise Software in New Zealand
In the year 2025, till December 2025, Enterprise Software companies in New Zealand have raised $86M in equity funding across 11 rounds.
In the same period last year (i.e. till November 2024), Enterprise Software companies in New Zealand had raised $97.4M across 13 rounds.
So, 2025 has seen a 11.72% drop in funding in Enterprise Software companies in New Zealand as compared to 2024.
Here are some recent, important funding rounds in Enterprise Software companies in New Zealand:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series C | 6315 | Dec 10, 2025 | ||
Seed | 5452 | Sep 30, 2025 | and 1 more | |
Seed | 4910 | Sep 29, 2025 | ||
Seed | 2076 | Sep 09, 2025 | ||
Series A | 5849 | Sep 08, 2025 |
Top Investors in Enterprise Software in New Zealand
Blackbird Ventures is the top investor in Enterprise Software companies in New Zealand based on number of companies invested.
Here are some top investors in Enterprise Software companies in New Zealand:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Surry Hills (Australia) | ||
Auckland (New Zealand) | ||
Auckland (New Zealand) | ||
Wellington (New Zealand) | ||
Auckland (New Zealand) |
M&A activity in Enterprise Software sector in New Zealand
In the year 2025, till November 2025, 6 acquisitions happened in Enterprise Software sector in New Zealand. Last year, in 2024, a total of 7 acquisitions happened in Enterprise Software sector in New Zealand.
Here are some recent, important acquisitions in Enterprise Software sector in New Zealand:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 21, 2025 | ||
Business Acquisition | Nov 10, 2025 | ||
Business Acquisition | Sep 30, 2025 | ||
Business Acquisition | Aug 26, 2025 | ||
Business Acquisition | Jun 30, 2025 |
Acquisition trends in Enterprise Software sector in New Zealand
Here are the acquisition trends in Enterprise Software sector in New Zealand:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 6 |
2024 | 7 |
2023 | 5 |
2022 | 9 |
2021 | 11 |
2020 | 8 |
2019 | 10 |
2018 | 6 |
2017 | 2 |
IPOs in Enterprise Software in New Zealand
In the year 2025, till December 2025, 1 IPO happened in Enterprise Software sector in New Zealand.
Here are some recent, important IPOs in Enterprise Software sector in New Zealand:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 19, 2025 | Australian Securities Exchange (ASX) | |
Nov 21, 2021 | New Zealand Stock Exchange (NZX) | |
Jun 25, 2018 | Australian Securities Exchange (ASX) | |
Sep 06, 2016 | Australian Securities Exchange (ASX) | |
Apr 27, 2016 | Australian Securities Exchange (ASX) |
Colleges which produce the most Enterprise Software companies in New Zealand
Companies founded by alumni from top colleges in the Enterprise Software in New Zealand
Most number of Enterprise Software startups in New Zealand have been founded by alumni from University of Cambridge, Cornell University and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
University of Cambridge | 3 |
Cornell University | 2 |
Massachusetts Institute of Technology | 2 |
Stanford University | 2 |
Columbia University | 1 |
London Business School (LBS) | 1 |
Tel Aviv University | 1 |
University of Bristol | 1 |
University of California (Los Angeles) | 1 |
University of Pennsylvania | 1 |
Top News in Enterprise Software in New Zealand
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STAAH Partners with Bamboo Saa Resorts to Enhance Revenue Operations in RajasthanOnline Media Cafe•Dec 24, 2025•STAAH, Bamboosaa
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STAAH solutions significantly boost Roland Hotel Kolkata’s direct and OTA bookingsMedia Bulletins•Nov 25, 2025•STAAH
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Decoding VC Entrepreneurship: Understanding the Major Investor FamiliesFrenchWeb•Sep 08, 2025•Reddit, First AML, Reshape Biotech, Atomico and 18 others
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Xero & Constant Contact launch free tool for smarter marketingChannelLife•Aug 19, 2025•Constant Contact, Xero
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Immersive and Endace Team Up to Deliver Hands-On, Data-Driven Cyber Training for SOC TeamsBusiness Wire•Jul 29, 2025•Endace, Immersive Labs
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Seequent Receives Award at Global Offshore Wind 2025, Hosts Upcoming WebinarOedigital•Jun 21, 2025•Seequent
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Volpara Health Applauds New Breast Density Reporting Rule in AustraliaVietnam Investment Review•Jun 02, 2025•Volpara Health
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Cin7 Pay Delivers Seamless Embedded Payments, Powerful Cost-Savings for SMBsGlobal FinTech Series•Apr 29, 2025•Cin7
