The funding round attracted a mixture of new and existing backers, including MYOB founder Craig Winkler, Milford Asset Management and Sir David Levene’s investment company, Lewis Holdings.
This latest funding round takes Unleashed’s total funds raised to-date to more than $18 million.
Unleashed CEO, Gareth Berry, says that in addition to further developing its SaaS platform, the capital will be invested in increasing the company’s footprint in Australia, New Zealand and the United States, the upcoming launch of a new office in the UK and expansion into newer regions – including South Africa, India and Hong Kong – through business partners.
“Now that we have executed on this raise, our attention turns to extending our footprint in more established markets, while also capitalising on opportunities globally through our channel of partners and consultants. This outreach will be driven by our increased engagement and support capabilities, resulting from a more efficient allocation of internal resources.”
The privately-owned Unleashed was founded in New Zealand in 2009, and claims customers in 80 countries, with offices in New Zealand, Australia and the United States.