Hedgebook was delighted to be selected as one of twelve companies to pitch at the NZTE showcase event in Hawke’s Bay on November 2. The Rockit Apples pack-house in Havelock North was transformed into an exhibit hall and host to 150 angel investors seeking investment opportunities. There was a broad selection of companies on show and at various stages of their growth cycle. From Hedgebook’s perspective, funding is being sought to fulfil our lofty growth aspirations both within NZ and further afield. The issues faced by NZ importers and exporters, the instruments used to hedge and the approach to risk management are the same in other countries. Hedgebook is focused on Australia and the UK in its next growth phase.
It was awesome to see a bunch of other exciting, innovative and ambitious companies from diverse backgrounds being supported by the experienced team at NZTE. Hedgebook was able to use the opportunity to increase brand awareness, letting businesses facing FX risks know that there is an alternative to error-prone spreadsheets.
As New Zealand’s food bowl there are many businesses exporting from the Hawke’s Bay and having to manage FX fluctuations – including the NZTE Ready for Launch showcase host Rockit Apples who subscribed to the Hedgebook software on the spot. A great anecdote for the investor pitch later in the day!