Elevation Capital


Venture Capital

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Transaction Size
NZD 3,000,000.00
Share Price
NZD 2.72
Minimum Investment
NZD 25,000.00
Issue Type
Venture Capital

vWork helps businesses which rely on mobile workers (drivers and delivery staff, construction workers, technicians etc.) to optimise productivity and reduce inefficiencies in an all-in-one, easy to use software solution. vWork integrates job scheduling, reporting, health and safety, route optimisation and customer communication into one platform. This is a proven, scalable solution that integrates with existing workflows and offers its customers the ability to automate, optimise and standardise, driving substantial efficiency gains, consistency of outcomes and increased safety outcomes.

The global field service management industry was valued at US$4 billion in 2020 and is forecast to grow to US$24 billion by 2030 (+19.70% CAGR). Businesses which rely on field work are facing worker shortages, rising complexity of job types and inconsistent outcomes, and therefore solutions which optimise productivity and enable managing field workers easier are in high demand. 

vWork is seeking to raise $3.0 million at a $16.0 million valuation ($1.0 million already placed) to capitalise on global opportunities to become a market leader in a highly fragmented industry and become an irreplaceable tool for new customers. 

vWork - Wholesale Investment Offer Summary - 18 January 2022
January 28, 2022
vWork Information Memorandum Summary (Version 1.2)
January 28, 2022

Elevation Capital

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