---
title: New Zealand Coder Takes Stock as His Company Goes Global
description: A computer programmer is grinding his way to fortune with a little inspiration and a lot of hard work, as his artificial intelligence software spreads throughout the retail world.
image: https://www.stocktrim.com/hubfs/1543963272445.jpg
---

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# New Zealand Coder Takes Stock as His Company Goes Global

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** Feb 2,2019

This article in [stuff.co.nz](https://www.stuff.co.nz) on 5th December 2018 tells you a little more about how StockTrim came about...

A computer programmer is grinding his way to fortune with a little inspiration and a lot of hard work, as his artificial intelligence software spreads across the world. 

Massey and Stanford University-educated coder Paul Simpson spent four years perfecting his "machine-learning algorithm" that learns to predict and plan for everything that affects a firm's stock levels so it won't get caught short, or accidentally buy too much product.

The software was more advanced than anything available in New Zealand, and had only a couple of rivals overseas, he said.

Simpson's startup company, StockTrim, and his software's potential dazzled the judges at Innovate 2017, a Manawatū entrepreneurs' contest, taking out the $5000 top prize.

Simpson, from Feilding, New Zealand put the prize money into advertising, and a year later he has taken his business from a handful of trial customers to having hundreds of companies around the world running their stockrooms with his software. 

Simpson quit a six-figure programming job to start StockTrim, and said he hadn't regretted it for a second.

Innovate's business experts estimated StockTrim could reach $18 million in annual revenue by 2019. Simpson said it proved too ambitious a goal, and it was more likely to happen by 2022.

"It's a reality of the daily grind, things almost always take longer than first expected.

"But we're still on track to take over the world, one stockroom at a time ... I've made great progress over the past 12 months. I've got hundreds of users now, and managed to increase revenue tenfold."

[StockTrim has gone global](https://www.stocktrim.com/implementation-partners), with clients all over the English-speaking world, as well as a couple of Swedish companies – and in October Simpson took on a partner, Dominic Sutton, who handles the marketing and business side.

The Auckland-based Sutton's background is advertising, but he's no stranger to startups. He's invested in several and started a successful company himself, Pumpt Advertising.

Sutton said he was looking for a new challenge when Simpson invited him to join StockTrim.

"Paul's a genius with a great idea. He just needs someone to help get it out there, which is a fairly common problem for tech founders."

Simpson realised that, which was why he went looking for someone like Sutton.

Sutton said the partners were working to improve branding and build a strong track record over the next year, before hunting for new investors to fuel further expansion.

 

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