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AirTree makes NZ$35m investment in Hnry
APAC-based venture capital firm AirTree has been advised on its Series B investment in New Zealand fintech firm Hnry.
Jerome Doraisamy
Firm: LegalVision (AirTree Ventures)
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Deal: LegalVision has advised AirTree on its investment in Hnry, which will use the Series B round to double its staff to 150 and further its growth domestically and internationally.
Area: Corporate
Value: NZ$35 million
Key players: The LegalVision team was led by NZ general manager Georgina Toomey.
Deal significance: Speaking about the raise, Ms Toomey said: “It is always a pleasure to work with the AirTree team, particularly on this significant investment into Hnry.
“We look forward to continuing to work with AirTree as they confidently back NZ tech founders.”
AirTree partner Jackie Vullinghs added: “We first encountered Hnry in 2019 when we were looking at fintech for small businesses.
“We’ve seen the business grow rapidly in that time. We’re delighted to support Hnry in its commitment to make life easier for sole traders throughout both New Zealand and Australia.”
