New Zealand vehicle compliance and fleet management software providing NZTA-linked compliance data, automated RUC and registration payments, and GPS tracking for more than 75,000 company-reported vehicles.
Bonnet Limited is a Mount Maunganui-based vehicle compliance and fleet management software company incorporated in January 2019. Co-founders Steph Kennard and Dave Webb launched the Bonnet app in March 2023. Users can retrieve WOF, COF, registration and Road User Charges information linked to NZTA records, receive compliance and servicing reminders, and manage vehicles through mobile and web applications. Bonnet reports that its platform manages more than 75,000 vehicles. Bonnet provides automatic RUC and registration purchasing for individual users and fleets. Customers can supply odometer readings through the app or use connected-vehicle or plug-in tracking options. Its fleet offering also includes live GPS locations, historical tracks, geofencing, driver and vehicle inspection checklists, servicing records and machinery tracking. In March 2026, Bonnet launched OEM Connect, which obtains authorised odometer, location and other available data from supported Tesla, BYD and Mercedes-Benz manufacturer systems without an aftermarket tracking device. Bonnet completed a PledgeMe equity crowdfunding campaign in November 2024, reporting more than NZ$160,000 raised from 99 investors. Its register includes founder, angel-network, venture-capital and nominee shareholders, with Stephanie Kennard retaining 58.76% of the shares recorded in May 2026. The company has also prepared a UK version of its compliance platform, although a completed full commercial launch could not be verified.
Mobile and web vehicle-management service with a free tier covering up to five vehicles. It retrieves WOF, COF, registration and RUC information linked to NZTA records and provides compliance, servicing, insurance and warranty reminders.
Subscription fleet-management platform providing centralised WOF, COF, registration, RUC and servicing information. Current functions include driver and vehicle linking, machinery records, inspection checklists, API and webhook access, and optional GPS tracking with live locations, historical tracks, geofencing, odometer readings and reports.
Automatic RUC-purchasing service. Fleet users can select 1,000 km, 5,000 km or 10,000 km increments. Bonnet obtains distance information from submitted odometer readings or compatible connected tracking and purchases further RUC when required. Bonnet currently advertises NZTA licence prices plus a $6 service fee and payment-processing charges.
Automatic vehicle-registration renewal service. Bonnet advertises six- or twelve-month renewal options for public users and fleet customers.
Tools for service centres to manage connected customer-vehicle records, digital service histories, service and inspection intervals, reminders and bookings.
Connected-vehicle option launched in March 2026 for supported Tesla, BYD and Mercedes-Benz vehicles. With authorisation, Bonnet retrieves available odometer, location and other data from manufacturer cloud systems without an aftermarket device. The data can support fleet tracking, servicing reminders and RUC management.
Co-founder Steph Kennard, while working at Fiat Chrysler, identified the lack of a comprehensive vehicle compliance management tool, sparking the idea for Bonnet.
Bonnet Limited registered on 23 January 2019 (Company Number 7224833, NZBN 9429047237667).
Development of the Bonnet platform begins with co-founder and CTO Dave Webb.
Bonnet app officially launched in March 2023 from Mount Maunganui. Reached #1 on the NZ App Store within three weeks, beating Google, TikTok, and Auckland Transport. Achieved 20,000 vehicles registered in the first two weeks. Completed three-month beta test with 45 fleet companies including Dunedin Airport, St John, Mevo, and Victor Contractors.
Surpassed 55,000 vehicles by early 2024, becoming NZ's third-largest vehicle software platform. Experienced surge in EV owner sign-ups when light EV RUC exemption ended in April 2024. Launched 'set and forget' auto-purchase for RUC and registration. Web portal launched in February with 68% beta-to-paid conversion. PledgeMe crowdfunding raised NZ$161,903 from 99 investors at $4M pre-money valuation in October. Secured investment from Enterprise Angels (EA Fund 4). Listed preference shares on Catalist (NZ's growth stock exchange) at NZ$0.825/share. Announced UK expansion plans with bonnetapp.co.uk and DVLA data access.
Continued growth to over 75,000 vehicles (5,041 paying fleet vehicles). Launched GPS fleet tracking features including daily trip logs, geofencing, and live vehicle locations. Introduced tiered premium plans for personal and fleet users. Achieved 501% revenue growth since 2024 raise, reaching approximately $360K ARR. In December 2025, announced Auto RUC and Auto Rego - a New Zealand first enabling all vehicle owners to 'set and forget' both RUC and registration payments with automatic odometer tracking via a $190+GST plug-in device.
On 21 March, Bonnet announced OEM Connect for supported Tesla, BYD and Mercedes-Benz vehicles. With the vehicle owner's or operator's authorisation, the service retrieves available odometer, location and other vehicle data from manufacturer systems, providing an alternative to aftermarket tracking hardware and supporting automated RUC monitoring.
Co-Founder & CEO
Mount Maunganui-based entrepreneur and self-taught designer. Previously worked at FCA Fiat Chrysler (from 2014) where she identified the gap in vehicle compliance management. Majority shareholder of Bonnet Limited. Leads business strategy, growth, and public-facing operations. Featured on RNZ Nine to Noon and in NZ Herald, NZ Entrepreneur Magazine, and Bay of Plenty Business News.
Co-Founder & CTO
University of Waikato graduate with over 25 years of startup experience including roles at LOVEFiLM and Zoopla in the UK. Leads the technical development of the Bonnet platform and its NZTA data integration.
Chairman
Board chairman providing governance and strategic oversight. Appointed director 15 April 2025.
Board Advisor
Advisory board member supporting company strategy and growth.
Bonnet provides consumer and fleet software for viewing RUC information, monitoring distance and arranging automatic RUC purchases. Users can submit odometer readings or use compatible plug-in or manufacturer-connected data options. Bonnet charges the applicable NZTA licence price plus its advertised service and payment-processing fees. The Ministry of Transport records Bonnet among the organisations engaged in its November 2024 market sounding on private-sector services for purchasing and managing RUC.
7224833
9429047237667
NZ Limited Company
23 Jan 2019
Stephanie Kennard, 229d Maunganui Road, Mount Maunganui, Mount Maunganui, 3116, New Zealand
J542010 - Computer software publishing
David Eldor
Auckland, New Zealand
Stephanie Jacoba Ingrid Kennard
Mount Maunganui, New Zealand
5,292,696 total shares
Stephanie Jacoba Ingrid Kennard
3,110,000 shares · Mount Maunganui, New Zealand
FKA Nominees Limited
397,159 shares · Auckland, New Zealand
EA Nominee Limited
373,495 shares · Tauranga, New Zealand
Piriaka Farms Limited
303,067 shares · Taumarunui, New Zealand
Catalist Nominee Limited
301,638 shares · Auckland, New Zealand
David Webb
236,858 shares · Tauranga, New Zealand
Charlie and Co Agency Limited
213,930 shares · Mount Maunganui, New Zealand
NZVC 2 LP
181,840 shares · Auckland, New Zealand
James Alexander Cowie
114,096 shares · Blenheim, New Zealand
Icehouse Ventures Nominees Limited
60,613 shares · Auckland, New Zealand
Source: NZ Companies Office · Last checked May 2026
View on Companies RegisterAnalysis of notable corporate and institutional shareholders. Individual shareholders are excluded.
Flying Kiwi Angels
FKA Nominees Limited
Flying Kiwi Angels is an Auckland-based angel investment network founded in 2014 with around 50 investors. They focus on pre-seed investments under $500K in tech startups. FKA Nominees Limited holds shares on behalf of the network's member investors. Portfolio includes Kami, Fuel50, and StretchSense.
Enterprise Angels
EA Nominee Limited
Enterprise Angels is a Tauranga-based angel investor network launched in 2008 with 200+ members. They have invested $50M+ across 100+ NZ companies and manage 330 investors across 63 active portfolio companies. Focus areas include software (39%), hardware (26%), and agtech (23%). Portfolio includes Parrot Analytics, LawVu, UBCO, and FileInvite.
Catalist
Catalist Nominee Limited
Catalist is New Zealand's only licensed and regulated stock exchange for growth businesses, an alternative to the NZX designed for smaller companies. It facilitates capital raising and secondary share trading via auctions. Catalist Nominee Limited holds legal ownership of shares on behalf of retail and institutional investors trading on the Catalist platform.
Founder's Company
Charlie and Co Agency Limited
Charlie and Co Agency is the digital agency owned by Stephanie Kennard, who is also the founder and CEO of Bonnet. Originally incorporated as 'White Ice Limited' in January 2019, the company provides website design, app development, and SaaS development. This shareholding represents the founder's equity stake in Bonnet held through her own company.
NZVC Fund II
NZVC 2 LP
NZVC is an Auckland-based early-stage venture capital firm co-founded by Mark Pavlyukovskyy. Fund II targets $50M, investing in 50-60 founders at pre-seed to Series A with a 70% NZ focus. Key themes include AI/automation, robotics, human enhancement, and sovereignty tech. Fund I invested in 53 companies achieving a 1.5x multiple on invested capital.
Icehouse Ventures
Icehouse Ventures Nominees Limited
Icehouse Ventures is New Zealand's most active venture capital investor, originally founded in 2003 as Ice Angels - NZ's first angel network. They have invested $600M+ into 350+ NZ companies with over $1B in assets under management, backed by 3,000+ investors across six continents. Notable portfolio companies include Halter, Tracksuit, Partly, Hnry, and Dawn Aerospace.
