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Venture Capital
airtree.vc

Investments

132

Portfolio Exits

10

Funds

8

About AirTree Ventures

AirTree is a new $60m venture capital fund that is focussed on investing in growth stage businesses that are disrupting traditional markets.

Headquarters Location

52 Victoria Street Paddington

Sydney, New South Wales, 2021,

Australia

+61 2 80353459

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Latest AirTree Ventures News

Firmable Raises $9 Million to Revolutionize Business Intelligence

Oct 30, 2023

Oct 29, 2023 Leigh Jasper, the renowned entrepreneur who sold Aconex to Oracle for $1.6 billion, is making his comeback with a new start-up called Firmable. The company has managed to secure $9 million in funding from prominent investors, demonstrating their confidence in proven founders and the value of a strong network. Firmable, co-founded by Jasper and Paul Perrett, aims to be Australia’s go-to source for business and market intelligence for business-to-business organizations. While comparing itself to ZoomInfo, Firmable goes a step further by providing more detailed and granular information about smaller companies, filling a gap in the market. Although Jasper could have enjoyed his windfall in retirement, he chose to get back into the entrepreneurial game, stating his love for building businesses and his desire to be at the forefront of technology. Perrett, with his experience as the CEO of MessageMedia, bolstered investor confidence in the venture. The funding round was led by AirTree Ventures and also included investment from previous Aconex investors and entrepreneurs. Notable names such as Aconex co-founder Rob Phillpot, Redbubble co-founder and CEO Martin Hosking, and A Cloud Guru co-founder Sam Kroonenburg have thrown their support behind Firmable. With 25 employees split between Australia and India, Firmable has already crossed a crucial milestone by signing up its first paying customers. Its beta product, which provides comprehensive company information to assist sales and marketing efforts, is now available. The company aims to capture a significant share of the Australian market but also has plans to expand internationally in the future. Firmable’s ambition is to revolutionize sales and marketing processes through the power of local data. By proving its value in the Australian market, the company plans to replicate its success in other markets worldwide. FAQ: – What is Firmable? Firmable is a start-up founded by Leigh Jasper and Paul Perrett that aims to provide comprehensive business and market intelligence for business-to-business organizations. – Who are the investors in Firmable? The funding round for Firmable was led by AirTree Ventures and included investment from previous Aconex investors and entrepreneurs, including Rob Phillpot, Martin Hosking, and Sam Kroonenburg. – What sets Firmable apart from other sources of company information? Firmable distinguishes itself by offering more detailed and granular information about smaller companies compared to other providers like ZoomInfo. – How many employees does Firmable have? Firmable currently employs 25 people, with half of them based in Australia and the rest in India. – What are Firmable’s expansion plans? After establishing a strong presence in the Australian market, Firmable aims to expand internationally and replicate its success in other markets around the world.

AirTree Ventures Investments

132 Investments

AirTree Ventures has made 132 investments. Their latest investment was in Firmable as part of their Series A on October 10, 2023.

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AirTree Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/29/2023

Series A

Firmable

$9M

Yes

1

10/18/2023

Series F

Employment Hero

$167M

No

3

10/16/2023

Unattributed VC

The Martec

$5.05M

Yes

1

10/11/2023

Seed VC

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$99M

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10

10/10/2023

Series A

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$99M

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10

Date

10/29/2023

10/18/2023

10/16/2023

10/11/2023

10/10/2023

Round

Series A

Series F

Unattributed VC

Seed VC

Series A

Company

Firmable

Employment Hero

The Martec

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Amount

$9M

$167M

$5.05M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Sources

1

3

1

10

10

AirTree Ventures Portfolio Exits

10 Portfolio Exits

AirTree Ventures has 10 portfolio exits. Their latest portfolio exit was MILKRUN on May 25, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/25/2023

Asset Sale

$99M

2

4/6/2023

Acquired

$99M

1

12/22/2022

Acquired

$99M

8

9/28/2022

Acquired

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$99M

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10

10/7/2021

Acquired

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$99M

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10

Date

5/25/2023

4/6/2023

12/22/2022

9/28/2022

10/7/2021

Exit

Asset Sale

Acquired

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

2

1

8

10

10

AirTree Ventures Fund History

8 Fund Histories

AirTree Ventures has 8 funds, including AirTree Ventures Growth-Stage Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

2/1/2022

AirTree Ventures Growth-Stage Fund

$318M

1

2/1/2022

AirTree Ventures Web3 Fund

$99M

10

2/1/2022

AirTree Ventures Early-Stage Fund

$99M

10

10/21/2019

AirTree Ventures Fund III

$99M

10

10/21/2019

AirTree Ventures Fund 3

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$99M

10

Closing Date

2/1/2022

2/1/2022

2/1/2022

10/21/2019

10/21/2019

Fund

AirTree Ventures Growth-Stage Fund

AirTree Ventures Web3 Fund

AirTree Ventures Early-Stage Fund

AirTree Ventures Fund III

AirTree Ventures Fund 3

Fund Type

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Status

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Amount

$318M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

AirTree Ventures Team

3 Team Members

AirTree Ventures has 3 team members, including current Founder, Managing Partner, Craig Blair.

Name

Work History

Title

Status

Craig Blair

Founder, Managing Partner

Current

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Name

Craig Blair

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Work History

Title

Founder, Managing Partner

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Status

Current

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