Snowball Effect is a New Zealand-based online investing marketplace specializing in equity crowdfunding. It enables New Zealand companies to offer shares to the public, focusing on various stages of investment, including angel rounds. Since its launch in August 2014, Snowball Effect has facilitated over NZ$75 million in funding for local businesses.
Notable portfolio companies include Dotterel, which raised $230,000 through the platform. Founded by Richard Allen, Simeon Burnett, Francis Reid, and Josh Daniell, Snowball Effect prides itself on democratizing investment opportunities. The firm offers unique value-add services such as streamlined fundraising processes and broad public access to equity investments, enhancing the growth potential for New Zealand startups.
Portfolio Snapshot
Observed round participation, including acquisitions and grants. Current holdings, investor exits, and write-offs are not established.
