Valocity, the leading cloud-based mortgage lending and valuation platform, is pleased to announce growth capital secured
from the NZ-based Huljich family, who have acquired a 25.7% stake in the company. The capital raised from Valocity’s now
cornerstone shareholders will be used to accelerate expansion opportunities in New Zealand, Australia and India.
The Huljich family bring strong governance, growth and tech expertise to Valocity, through investments in a number of
high-growth tech kiwi success stories. The family’s investments include Diligent Board Member Services Inc, where the
family invested as the sole pre-IPO funder in 2007, as well as NZX and ASX-listed Pushpay Holdings Limited, where the
family holds a 21.8% stake.
Peter Huljich joins Valocity’s board complementing existing board members Jonty Kelt, Debra Hall, Andrew Harris and
Valocity founders, Antony and Carmen Vicelich.
Valocity’s CEO and Founder, Carmen Vicelich, says, “We are delighted to welcome the Huljich family to our share register
and Peter Huljich to our board. The funding secured will be utilised to accelerate our global growth strategy and for
ongoing development to continue to innovate existing solutions to further enable our customers.
“Valocity has grown its New Zealand market share substantially over the last four years, where we continue to see growth
opportunities. Valocity has huge potential to leverage learnings from local success and apply them in Australia and
India. At Valocity, we are investing heavily in our people, product and processes to support the level of growth that we
anticipate.”
Peter Huljich, Partner at the Huljich family’s investment firm, Christopher & Banks, said, “We continue look for enduring technologies with global reach and we see the need and opportunity for the
mortgage lending and valuation market to grow on Valocity’s platform. We’ve worked with several other leading companies
in New Zealand to broaden their global reach and we know this experience will be valuable as Valocity continues to
expand in Australia and India.”