---
title: Spotlight Reporting secure $5 million in new capital raise
description: Spotlight Reporting, the Wellington-based cloud software company, has secured $5 million in a Series A raise.
image: https://blog.spotlightreporting.com/hubfs/People/Richard_Francis_CEO-2.jpg
---

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# Spotlight Reporting secure $5 million in new capital raise

Posted by [Richard Francis](https://blog.spotlightreporting.com/author/richard-francis) on 29 Aug 2016

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Spotlight Reporting, the Wellington-based cloud software company, has secured $5 million in a Series A raise.

The fresh capital includes contributions from NZVIF-backed Venture Capital Fund Global from Day One Fund 2, ex-Xero Director and Spotlight Reporting Chairman Graham Shaw, Vend Director David Wilson, MYOB co-founder and Xero Director Craig Winkler and others.

CEO and Founder Richard Francis also contributed to the Series A: “Spotlight Reporting continues to go from strength to strength, so raising smart capital allows us to maintain momentum and open up new opportunities in line with our ambition to be a global leader in our space.”

Global from Day One Fund 2 Managing Partner Chintaka Ranatunga joins Graham Shaw, Richard Francis and Miki Szikszai on the Spotlight Reporting Board of Directors.

Richard Francis CA, CEO  
[richard@spotlightreporting.com](mailto:richard@spotlightreporting.com)  
 +64 21550 960

or

Stephen Corbett, Marketing Manager   
[stephen@spotlightreporting.com](mailto:stephen@spotlightreporting.com)  
 +64 27 293 3118

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