In Wellington or Christchurch and want to meet our team?
National Office Hours below for November
We exist for kiwi founders to take their startup to the next level. Flux invests capital, time and immense resource into teams during an annual 6 month intake. Our founders benefit from tapping into the support from our experienced team, mentors and partners who are aligned to help each company win.
We put resource behind founders to help:
Build a product that your customers love
Repeatedly acquire new customers and grow
Build a great team (board, advisors, employees)
Raise the next round of capital from useful investors
What we do
Invest up to $100k per startup. We can either lead your round or support an existing cap raise.
We provide space for you team to work & hands on support from our ventures team and mentor network.
During the 6 months you are at Flux, we hold weekly office hours with our team, and have a guest speaker from our network join once a week.
We hold two major investor events each year: Demo Day – June (500 investors) and Showcase – September (900 investors). While our programme formally runs Feb – August (to capitalise on the timing of these events), we know the best companies operate on their own schedule. Alumni startups have joined at various times throughout the year. We accept rolling entries, so apply anytime.
Why Founders choose Flux
Building a global business is difficult. Connections to people who can help can make it a lot easier. We connect teams with the best people we know from over 100+ alumni startups from the wider Icehouse community. Experienced founders, potential mentors, board members, employees and future customers and partners.
Flux alumni consistently stated that working alongside a cohort of other quality teams was invaluable. A friendly competitive spirit helps our startups bring the best out of each-other, underpinned by genuine support amongst our group. Relationships don’t finish when the programme does.
Flux teams are supported by a network of mentors that are assets to your startup. We’ve recruited people who have played a defining role in building, growing or exiting a high growth venture or who bring some tangible skill-set or connection to industry to help our teams.
We want to help accelerate the best startups. Period. Our investment model is flexible so we can invest in a hungry young team with big aspirations as well as a seasoned veterans with product in market and meaningful recurring revenue. The wider team manage ICE Angels, Tuhua Ventures & other funds. We host a demo day (attended by 400+ regional investors) to help catalyse follow-on funding.
Our team include 3 ‘special ops’ members. They work across all our teams on design, marketing, legal, accounting and development projects. Consider them extra firepower to build momentum over your time with Flux. We facilitate sharing of templates and resources between our cohort and Alumni.
Being a part of the program you will have a free space to work for 6 months, $100k of AWS credit, free and discounted professional services amongst tonnes of other perks from Icehouse Partners.
What we look for
Speed to move.
Simply solving complex problems.
Early market validation.
Flux 2018 Co-hort
Flux 2017 Co-hort
In 2017 we invested $350k in 6 companies. In the 6 month period those companies went on to raise an additional $3.29mil in capital to accelerate their growth.