Māori trades start-up raises $500k, sparks interest from venture capitalists
28 Feb, 2021 04:00 PM
3 minutes to read
Josh Faraimo and Jarome Cavubati, co-founders of Kwotimation. Photo / Supplied
Aimee Shaw is a business reporter focusing on retail, small businessaimee.shaw@nzherald.co.nz@AceeyShaw
The founders of an automated quotation platform designed for tradies are bucking the capital funding trend they say typically favours men and those from Pākehā backgrounds. Tiler Josh Faraimo, co-founder of Kwotimation, which he started with mate Jarome Cavubati, has successfully raised $500,000 in a pre-seed capital round and attracted the attention of multiple angel investors.
The Auckland pair s technology that addresses the most common bugbear for tradies - creating a quote and securing the job - was designed with tilers in mind, but will be expanded further to cater for other tradespeople.