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Natural Coatings Group Limited (Natural Paint Co)

Retail Products or Services
Open to: Wholesale & existing holders
ValuationNZD 8,307,427
Value per Ordinary ShareNZD 5.00
Issued Ordinary Shares1,661,381
Valuation methodTraded price
Number of holders7
Investment MemorandumInvestment Memorandum 2026.pdf
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Our vision is to redefine the coatings industry by eliminating toxic chemicals and delivering products that prioritise healthier homes. We have proven product-market fit, accelerating growth, and huge scale potential.

We’re raising up to $1m of new capital, to accelerate growth in the Australian market, expand product development, broaden our footprint amongst specifiers and the design community, and secure retail distribution.

($600k already committed)

Investment Highlights

  • Proven Product - The outright leader in premium better-for-you coatings, the fastest growing segment in the architectural coatings market.

  • Growing Revenue - Revenue over $1.2m in the last 12 months, 29% YoY growth. Diversified ecommerce and B2B revenue, with B2B channel growing at over 37%.

  • Big Opportunity - Targeting the $3.3bn architectural coatings market (Australia and NZ).

  • Products People Love - >25,000 happy customers, with an average review score of 4.9/5 and an NPS of 84

  • Unique IP Advantage - Proprietary formulations ensure better health and environmental outcomes, without compromising quality and durability.

  • Investor Support - $600k already committed in this round.

Natural Coatings Group Limited (Natural Paint Co) second business image

Meet the founders

Back in 2015, we saw an industry in need of change. For over half a century, paint had relied on petrochemicals and toxic ingredients, and we knew there had to be a better way.

So we set out to create the world’s best paints and oils — high‑performing, transparent, and sustainably made. With the help of leading experts, we developed coatings that are toxin‑free, healthier for people, and exceed industry standards for durability, finish, and environmental responsibility. Our mission is simple: to make choosing a coating that’s better for people and the planet effortless, without compromising quality.

Today, that mission is turning into real impact. Natural Paint Co. has grown from a small New Zealand startup into a brand trusted by thousands of homeowners, architects, and painters. Momentum continues to build — from consistent double‑digit growth in New Zealand to encouraging early traction in Australia.

As we enter our next phase of expansion, we’re energised by the opportunities ahead and look forward to welcoming new investors who share our vision to transform the global coatings industry - one wall, one project, and one home at a time.

Grace and James

Natural Coatings Group Limited (Natural Paint Co) third business image

The opportunity

Indoor air toxicity is a top 5 health concern

According to the Environmental Protection Agency (EPA), our indoor air quality is on average 2 - 5 times more polluted than outside. When a room is newly painted, the air is up to 1000x more toxic than normal, which can result in a range of acute and chronic human health issues, particularly for people occupying a room for prolonged periods of time.

There’s no good reason to have toxic chemicals in common coatings - they can lead to immediate symptoms like nausea, headaches, dizziness, and breathing trouble. Long-term exposure is linked to organ damage, dermatitis, asthma, neurological harm, and even cancer.

What sets us apart

1. Sustainably made in Aotearoa New Zealand

Our ultra-low VOC paints and oils are crafted in New Zealand and have less than 5g of VOCs per litre, exceeding international standards. No chemical odours or air quality worries - use rooms immediately after painting.

2. Healthy ingredients

We prioritise non-toxic, natural ingredients like plant-based resins, natural minerals, and powerful antimicrobials like Mānuka Oil. We've taken a firm stance against controversial ingredients commonly found in paints.

3. Performance without compromise

Backed by a 25-year performance guarantee, our coatings ensure your spaces remain beautiful for years to come. We never compromise quality, with industry-leading coverage and durability.

We are seeking to raise up to $1m
of new growth capital. We require capital to ramp up our expansion into the Australian market, while also growing our footprint amongst specifiers and the design community (we've grown over 35% in this last in the last 12 months), and initiating our first partnerships with retailers.

How to invest

This round offers a total of 200,000 ordinary shares, with 70,000 already purchased at a share price of $5 each. The total shares on offere equate to 11.18% of Natural Coatings Group Ltd (the holding company of Natural Paint Co). The minimum individual investment is $5,000 for 1,000 ordinary shares.

Read more about our business model, growth and future opportunities in the Information Memorandum, available under the Key documents tab above.

Wholesale investors can click the Invest button to invest. Contact us for more information: investors@naturalpaint.co.nz.

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Key documents

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