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UC student startup raises $600k seed funding

UC student startup raises $600k seed funding

Posted on September 30, 2020 by University of Canterbury

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UC student startup raises $600k seed funding

Christchurch startup Vxt is tackling the pet hate of many — having to check voicemail messages — announcing on Tuesday it raised $600,000 in its first ever capital raise to help it on its mission.

Vxt

Vxt co-founders Lucy Turner and Luke Campbell.

Vxt co-founder, 23-year-old Luke Campbell says “With this capital raise, we not only get a significant cash injection to help us scale faster, we also get a wealth of business experience to draw from,” 

“The investment is a real show of faith in what we’re doing at Vxt, and we’re excited to take on both the investment and experience to scale up our expansion.”

Vxt will use the investment money to accelerate its international roll out, and broaden its product to include business phone systems for small business owners.

Vxt is a smart voicemail app that converts voicemails to text for users to read in the Vxt app, or via an email. 

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