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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Deals
3 mins to read

Re-Leased raises US$12.5m in a round lead by Movac

About half the raise goes to early investors and the rest on boosting AI within the company’s software.

Re-Leased CEO Tom Wallace.

“There are not too many stories out there where you’ve got accelerating growth and reducing cash burn,” says Re-Leased founder and chief executive Tom Wallace.

He reckons it was “relatively straightforward”, therefore, to raise money for his global commercial property management company

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Fiona Rotherham Wed, 04 Sep 2024
Contact the Writer: fiona@nbr.co.nz
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Re-Leased raises US$12.5m in a round lead by Movac
Deals,
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