Conqa

Make construction progress measurable

Shareholding: 19.1%
First Investment: February 2017

Conqa provides software that allows multiple parties in the construction industry to do all of their quality assurance planning and execution online and on mobile. Conqa keeps all quality assurance documentation in one secure location, while letting their customers have all of their hold points, checklists, defect flagging, photos and notes at their fingertips. The software improves on-site productivity and in some cases accelerates the council building inspection sign-off process. Conqa’s clients include Dominion Construction and Hawkins Construction, two of the largest primary contractors in New Zealand, and Conqa’s software is used across thousands of construction sites, and is embedded in $5-10 billion of construction projects. Conqa is based in Auckland.

The last investment event was in March 2018, when Punakaiki Fund led a new investment round, increasing its shareholding from 10.9% to 19.1%. LWCM provides active governance assistance and has provided advice on product, customers and pricing, capital raising, and sales growth.

Conqa has indicated that they will accept funding led by Punakaiki Fund conditional upon the results of this Offer.