Founded in 2012 by Tom Wallace, Re-Leased is a cloud-based commercial property management platform that frees real estate professionals from outdated systems and repetitive tasks. Tom built Re-Leased after working in his family's commercial property business and encountering the harsh reality of legacy software, spreadsheets, and inefficient processes that held the industry back.

We backed Tom and Re-Leased in the early days, recognising his vision to transform an industry stuck in old-world thinking. What started as a New Zealand solution has grown into a global platform now managing 375,000+ leases and US$7.5 billion in rent roll across 1,400 customers, with offices spanning Auckland, Melbourne, London, Dallas, and Napier.

In 2024, Re-Leased raised US$12.5 million with our participation to accelerate the use of AI within its software, and assist in funding its continued expansion in the UK and US.