Spotlight Reporting Secures $5 Million in New Capital Raise

Media Release - 29 August 2016

Spotlight Reporting Secures $5 Million in New Capital Raise

Spotlight Reporting, the Wellington-based cloud software company, has secured $5 million in a Series A raise.

The fresh capital includes contributions from NZVIF-backed Venture Capital Fund Global from Day One Fund 2, ex-Xero Director and Spotlight Reporting Chairman Graham Shaw, Vend Director David Wilson, MYOB co-founder and Xero Director Craig Winkler and others.

CEO and Founder Richard Francis also contributed to the Series A: “Spotlight Reporting continues to go from strength to strength, so raising smart capital allows us to maintain momentum and open up new opportunities in line with our ambition to be a global leader in our space.”

Global from Day One Fund 2 Managing Partner Chintaka Ranatunga joins Graham Shaw, Richard Francis and Miki Szikszai on the Spotlight Reporting Board of Directors

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About

Spotlight Reporting is a Wellington-based software company formed in 2010 by Richard Francis, now with offices in New Zealand, the US, UK and Australia. Spotlight Reporting provides business intelligence reporting tools to leading Accountants, Advisors and Business Owners.

Spotlight Reporting’s award-winning tools import data from Xero, QuickBooks and other leading software products, creating powerful reports, forecasts and dashboards. The company recently won Xero Add-on Partner of the Year 2015, was recognised in the 2015 Deloitte Tech 500 and Fast 50 Rising Star awards, and is also an App Partner of Intuit.

spotlightreporting.com

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