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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.

February 07, 2023 • By Jerome Doraisamy
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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.” 

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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.”

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Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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