Xero Founder Rod Drury Back with New Start-Up

Xero founder and former CEO New Zealander Rod Drury is back in the tech scene with a new venture, Atomic.io. It is his first software-as-a-service investment since stepping down from the top job at the accounting software giant in 2018, Yolanda Redrup reports for the Australian Financial Times.

Drury, 55, who has spent most of his time since Xero engaged in philanthropic endeavours in New Zealand and working with the Queenstown local government on pandemic response projects, said he had no interest in building another software company, but that Atomic caught his attention, having been founded by a group of early Xero employees.

“I didn’t want to do too much software, but Atomic was something I’m passionate about. It was a project I didn’t have time to do at Xero, but I wanted to,” Drury said.

“Now companies had done their migration to the cloud, I was thinking about the next type of customer interaction.

Original article by Yolanda Redrup, Australian Financial Review, August 29, 2022.

Photo by PJ Warren.