Airtree

Lots to celebrate this month for the Airtree portfolio. Here are some of the highlights 👇 🎨 Canva’s valuation rose more than 20% to $48.7bn (up from $38.5bn in January) after a secondary share sale. “While we’re incredibly proud of the progress we’ve made, we’re just getting started, and we’re looking forward to a whole lot more to come,” says Cliff Obrecht, Co-founder of Canva. 🚀 Employment Hero, InDebted and Linktree were recognised on Deloitte’s Tech Fast 50 List, which celebrates Australia's fastest-growing tech companies and startups by revenue growth rate over three years. 👷 ProcurePro was recognised on the AFR Fast Starters list, which celebrates Australia’s fastest-growing young companies based on annual growth over the last three financial years. 🗣️ Thematic had its best month in sales ever. “We’ve signed a number of fantastic new brands and crossed a key revenue threshold. But signing customers is only half the battle. What matters even more to us at Thematic are happy customers," says Alyona Medelyan 🇺🇦, CEO & Co-founder of Thematic. 🤝 Zepto announced their partnership with online investment platform Stake. “This partnership marks a significant milestone as it introduces a new standard for speed, security, and control in investment transactions. PayTo is revolutionising how investors manage their investments, allowing them to seize opportunities faster and more confidently,” says Colin Baines, Chief Commercial Officer at Zepto. 🪐 Kindling. profiled HEO in their latest startup doco series—The Startup Dominating Space Surveillance. 🔗 Linktree released their 2024 Creator Commerce Report, which surveyed 1,562 multi-hyphenate creators to uncover the real challenges, insights, and trends shaping social commerce today.

Congratulations to the 67 budding angel investors from across ANZ who were part of Explorer Cohort 8! 🌟🔭 Over the past 8 weeks, Explorer Cohort 8 has been learning everything about angel investing, including angel 101, syndicates, term sheets, legal, deal sourcing and due diligence. Want to join the next cohort? Submit an EOI via the link in comments to be notified when we open registrations for Cohort 9 🙌

How do you build a brand that stands out and communicates with clarity? ✨ Yesterday we brought together execs from our portfolio for a brand strategy workshop with Studio Paradise to explore this. The session focused on two topics: 🎯 Brand differentiation: How to define what sets your brand apart in the market 🗣️ Messaging hierarchy: Building a clear and consistent framework to guide comms and creative Thanks Jay O'Neill for sharing your expertise 🙌

Looking for a new role? 🕵️ Find the best startup jobs in ANZ on our jobs board and apply for roles like these (link in comments 👇): 🔗 Senior Legal Counsel at Linktree 👾 Operations Manager at M^0 Labs 💡 Business Analyst at Brighte 🪁 Account Executive at Buildkite 🏡 Home Loan Consultant at Athena Home Loans 🌱 Content Creator at Eucalyptus 💙 Frontend Engineering Lead at FrankieOne 💰 People & Culture Lead at Zepto 📚 Product Manager at Inquisitive

There are no two ways about it—fundraising sucks 👎 To make the process a little more transparent, and hopefully win you back some time (and money), we put together a legal due diligence (DD) checklist, so you can get your docs ready. Download it now via the link in comments 👇

Are you a founder or operator in Auckland? 🥝 We’d love to meet you! Jackie Vullinghs, Raaj Rayat, CFA and Victoria Lowe are heading across the ditch next week to connect with the Kiwi startup community. While there, they’ll be hosting drinks in Auckland for founders, operators and Airtree Explorers, details below: 🗓️ Wednesday 27 November 🕠 5:30pm - 7:30pm 📍 Reign & Pour, Auckland CBD Sign up now (link in comments) 👇 Thanks to our sponsor Amazon Web Services (AWS) for making this event possible 🙌

Venture debt is the lesser-known, often misunderstood, cousin to venture capital. Like all funding options, it has pros and cons: ✅ Less dilution, speed, ease and flexibility ❌ Senior debt, covenants and net capital < headline loan amount If you’re wondering how to think through venture debt’s suitability for your startup, we have a guide to help (link in comments). To start, here are some high-level differences between venture debt and venture capital 👇

Since 2016, William Crowe and Hiranya "HJ" Jayakody have been on a mission to make space transparent. Together, they founded HEO, a space imagery startup that supports the largest space and intelligence agencies by delivering on-demand non-Earth imagery and insights into spacecraft of interest at scale using a growing constellation of in-space sensors. Learn more about how they’re expanding their operations in geostationary orbit and globally in The Sachin and Adam Show’s latest short film: https://lnkd.in/gEiPmyXE 📡

There are common hurdles that many angels come across at the start of their investing journey, namely the impact of cap table limits, typical minimum cheque sizes and adverse selection bias 💥 The good news? There’s a solution. Enter: Angel syndicates 👼 Check out our angel syndicates guide (link in comments) for: 🤿 A deeper dive on the hurdles 👶 Syndicates 101 📝 ANZ syndicate list

This week, our Cohort 8 Explorers did a deep dive into syndicates with Cheryl Mack, CEO of Aussie Angels 🦄 She covered how syndicates can help amplify the power of your capital when writing small cheques, and increase your deal flow. Thanks Cheryl for sharing your expertise! 🙌