# Even Capital: portfolio, investments and team

> Even Capital is a vc firm based in New Zealand. 2 investments on record, latest May 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/even-capital (Millionrounds; every figure on the page links to its filing or article)

New Zealand · [Investor](https://millionrounds.com/investors)

# Even Capital

Last cheque observed May 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet VC firm

Growth Technology Financial Services Healthcare

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **520** days **00** hrs **00** min **00** sec

Median round **$1.3M** Rounds led **1 of 2**

Pitch Even Capital

## Even Capital highlights

- 01 2 rounds on record
- 02 Mostly Pre-seed and Seed: 100% of its rounds
- 03 Led 1 rounds

## What they do

> Even Capital is New Zealand’s only venture capital fund focused on woman-led, growth stage business. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Growth
- **Sectors:** Technology Financial Services Healthcare
- **Based in:** Wellington, New Zealand
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2025** 1 round
- **May** **[Heatseeker](https://millionrounds.com/company/heatseeker)** Pre-seed · AU · Startup Daily **$1.5M** With 6 others
- **2024** 1 round
- **Jul** **[ReciMe](https://millionrounds.com/company/recime)** Seed · US · Even Capital **$1.0M** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What they claim to have backed

From their own portfolio page (on their website)

**9** of 19 we have independently watched raise

[Daisylab](https://millionrounds.com/company/daisy-lab)[Easycrypto](https://millionrounds.com/company/easy-crypto)[Gofigr](https://millionrounds.com/company/gofigr)[Heatseeker](https://millionrounds.com/company/heatseeker)[Multitudes](https://millionrounds.com/company/multitudes)[Orbisdiagnostics](https://millionrounds.com/company/orbis-diagnostics)[Recime](https://millionrounds.com/company/recime)[Respiraq](https://millionrounds.com/company/respiraq)[Sharesies](https://millionrounds.com/company/sharesies) 2xcollaborative Baymatob Boardpro Dennisson Equityclear Femmi Mypam Norish Orchestra Woolchemy

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Growth

Median round joined **$1.3M** the round, not its cheque

Led 1 of 2 rounds **50%**

- **Sole investor:** Never alone
- **Last cheque:** May 2025

Rounds by stage said on their site

- Pre-seed *1*
- Seed *1*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Brisbane Angels](https://millionrounds.com/fund/brisbane-angels) 2

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## Who they invest alongside

The investors most often in the same rounds as Even Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Brisbane Angels** VC firm **2** rounds together](https://millionrounds.com/fund/brisbane-angels)

## Recently backed

The latest companies Even Capital put money into.

[**Heatseeker** $1.5M · May 2025](https://millionrounds.com/company/heatseeker)

## Quick answers about Even Capital

### What does Even Capital invest in?

Even Capital invests most often at Pre-seed and Seed (100% of the rounds on record), in sectors such as Technology, Financial Services and Healthcare.

### How active is Even Capital?

2 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in May 2025.

### What has Even Capital invested in recently?

Its most recent investments on record: Heatseeker (Pre-seed, May 2025) and ReciMe (Seed, Jul 2024).

### How big are Even Capital's cheques?

The median round it joins is $1.3M.

### Is Even Capital investing now?

No investments in the last 12 months; the latest was in May 2025.

### Who does Even Capital invest alongside?

Most often Brisbane Angels (2 rounds together).

### What kind of investor is Even Capital?

Even Capital is a VC firm based in Wellington, New Zealand.

### When was Even Capital founded?

Even Capital was founded in 2021.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=even-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=even-capital)
