RosterLab: Raises NZ$500K in Pre-Seed Funding

RosterLab Raises NZ$500K in Pre-Seed Funding

• RosterLab, a New Zealand-based rostering software company, raised NZ$500k in Pre-Seed funding
• The round was led by Matū Fund, with participation from Quidnet Ventures and the University of Auckland Investors’ Fund
• The company intends to use the funds for software application development and initial product launch targeting New Zealand’s healthcare market
• RosterLab offers an automated rostering platform, based on advanced techniques developed at the University of Auckland, to a variety of high-intensity sectors, including healthcare providers
• Its core technology seeks to address weaknesses in existing rostering solutions, including the inability to account for staffing complexity
• The platform enables rapid generation of optimised rosters that comply with challenging, industry-specific requirements at scale
• The company is initially targeting healthcare clients such as hospitals and aged care facilities, where poor staffing compliance as well as time/labour inefficiencies incurs direct costs