Investor Spotlight — AirTree Ventures
Investor Spotlight — AirTree Ventures
The number of software devs in Australia that I have spoken to in 2022 who have been made redundant is astonishing. Due to overseas investment pulling back, it’s been a turbulent time for tech companies in Australia, not to mention the recent drop in the crypto market leading to further layoffs in web 3.0 ventures.
It’s exciting to see an Australian venture capital firm raising more money in 2022 than ever for Australian startups.
AirTree was founded by partners Craig Blair and Daniel Petre in 2014. Petre has since stepped back from active management, but Blair remains at the forefront of the firm’s management.
AirTree now manages a total of $1.3 billion AUD and has more than 80 active investments.
Out of that number, 23 are valued at more than $100 million and include eight unicorns. The new round was oversubscribed and much of it came from returning investors, including cornerstone LPs, superannuation funds AustralianSuper, Sunsuper, TelstraSuper and Statewide Super.
AirTree’s 2014 and 2016 vintage funds are both performing in the top quartile of US VCs. They include early investments in break-out companies such as Prospa, Secure Code Warrior, Pet Circle, Canva, Athena, Brighte, Joyous, Thematic, Transcelestial, Expert360 and A Cloud Guru | A Pluralsight Company.
Some of its most notable portfolio companies are Canva, Go1, A Cloud Guru and Employment Hero, MILKRUN, Linktree, Mr Yum and Immutable.
Exits
Airtree works hand in hand with the founders of these companies from day one, channelling money, support, and knowledge with each of these companies — as each begins to come into its own within tomorrow’s technology arena.
AirTree Ventures has had 9 exits so far including:
Prospa is an Australian owned and operated online lending service provider for small businesses within the region.
Xplor is a leading Australian software (SaaS) platform for managing child care administration and communication.
Paxata is an adaptive data preparation platform built for the analyst to turn raw data into ready data for analytics.
- Hyper Anna — Alteryx Auto Insights
AI-powered data insights meets interactive storytelling in real time.
Notiv is the intelligent meeting assistant that turns all your important voice conversations into clever business outcomes.
Elevio is a user education and onboarding platform, allowing companies to upskill their user base with ease
A Cloud Guru is a social learning platform for cloud computing.
DesignCrowd is an online marketplace that offers logo, website, print, and graphic design services.
The best quality cleaning marketplace in Australia
Investment Funds
In total, they have raised over a billion dollars in investment across 6 funds, their latest being AirTree Growth. This fund was announced on Feb 2, 2022 and raised a total of A$450M.
- Feb 2, 2022 — AirTree Growth — A$450M
- Feb 2, 2022 — AirTree Wed3 — A$50M
- Feb 1, 2022 — AirTree Seed — A$200M
- Oct 21, 2019 — AirTree Ventures Fund III — $275M
- Sep 12, 2016 — AirTree Ventures fund II — $250M
- Jul 29, 2014 — Fund I — A$60M
Key People
Aside from Craig Blair, James Cameron, John Henderson, Elicia McDonald, Jackie Vullinghs, Helen Norton, their staff now includes the following executives:
- Aisling McGettigan — Financial controller
- Anna Tyndale — Portfolio Success Manager
- Bree Fedele — Content Marketing Manager
- Dan Lombard — Investment Operations Manager
- Ed Gregory — Legal Counsel
- Jess Heffernan — Head of Investor Relations
- Jess Walker — Community Relations Manager
- Linkle Liao — Financial Controller
- Victoria Lowe — Operations and Compliance Manager
Airtree also has several Investment Managers, multiple partners, venture capital managers, and other community-directed management employees. Their management staff is committed to directing a team that can empower new technology companies.
Their strategy with new companies is to provide valuable management information and help companies recruit the right team members. They share marketing strategies and help companies find the most competitive pricing plans. They also provide a community forum to educate and help all their companies network and share solutions with each other.
Insights
This will be quite an interesting company to follow. Very exciting the work they are doing, especially for Australia.
I will be taking a closer look at a number of companies they have invested in and the various partners involved. Their company growth according to LinkedIn is 304% in the past 2 years. That predominantly looks like various founders and people working with Airtree, nevertheless they are making waves and expanding rapidly.
Interesting to note, co-founder Craig Blair is also Founding Chairman of Pet Circle. Pet Circle is the leading Pet e-commerce player in Australia. Review coming soon…
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🌟 Boost Your Employer Brand, Attract Top Talent! 🌟
Did you know that a whopping 84% of candidates are more likely to interview for a job if the employer actively manages their employer brand? 📈✨
In today's competitive job market, it's crucial for companies to establish a strong employer brand to attract and retain top talent. Your employer brand is the perception potential candidates have of your organization as an employer, and it can significantly impact their decision to apply or accept a job offer.
Investing in your employer brand not only helps you stand out from the crowd but also enhances your company's reputation, increases employee engagement, and ultimately drives business success. 💼🚀
By actively managing your employer brand, you can create a positive and authentic image that resonates with candidates, showcasing your company culture, values, and opportunities for growth. This, in turn, attracts candidates who align with your organization's mission and vision, leading to higher-quality hires and improved employee retention rates. 💪🌟
So, how can you effectively manage your employer brand? Here are a few key strategies to consider:
1️⃣ Define your employer value proposition (EVP) - Clearly articulate what sets your company apart as an employer and why candidates should choose you over your competitors.
2️⃣ Leverage social media - Utilize platforms like LinkedIn, Facebook, and Twitter to share engaging content that showcases your company culture, employee testimonials, and career development opportunities.
3️⃣ Encourage employee advocacy - Empower your employees to become brand ambassadors by sharing their positive experiences working for your organization on social media and other relevant platforms.
4️⃣ Prioritize candidate experience - Ensure that every touchpoint with candidates, from the application process to interviews, reflects your company's values and provides a positive experience.
5️⃣ Monitor and respond to online reviews - Actively manage your online reputation by monitoring and responding to reviews on platforms like Glassdoor, Indeed, and Google.
Remember, a strong employer brand not only attracts top talent but also helps you retain your best employees, fostering a positive work environment and driving long-term success. 🌟💼
#EmployerBrand #TalentAcquisition #CompanyCulture #EmployeeEngagement #RecruitmentStrategies #HRStrategies #EmployerReputation #CandidateExperience #EmployeeAdvocacy #BusinessSuccess
Just had a hilarious conversation with my recruiter about finding a job with a ping pong table in the office. Apparently, I might have to face the CEO every day and lose to them. But hey, it's all about having fun at work, right? #PingPongTableGoals #WorkplaceHumor #CEOChallenge #RecruiterConversations
Just had an interview? Don't forget to send a thank you note to your interviewer. It's a simple gesture that can make a big difference, showing your interest in the job and leaving a positive impression. #JobInterviewTips #CareerAdvice #ProfessionalEtiquette
Maximize your job application potential by tailoring your resume to each position. Showcase your most relevant skills and experiences to stand out from the crowd. #JobHunting #ResumeTips #CareerGrowth
Sharpen your interview skills by practicing common questions and preparing examples that highlight your abilities and experiences. Don't forget to prepare your own questions for the interviewer too! #InterviewPrep #CareerGrowth #JobHuntingTips
🌟 Seeking Top Talent? Streamline Your Hiring Process! 🌟
Did you know that a staggering 68% of candidates believe that the length of the hiring process directly impacts their perception of a company? As a recruiter or hiring manager, it's crucial to recognize the significance of this statistic and take action to optimize your hiring process.
In today's competitive job market, attracting and retaining top talent is more challenging than ever. Candidates have numerous options and are constantly evaluating potential employers. A lengthy and cumbersome hiring process can not only deter qualified candidates but also tarnish your company's reputation.
So, how can you ensure that your hiring process is efficient and candidate-friendly? Here are a few key strategies to consider:
1️⃣ Streamline your application process: Simplify your application form and eliminate unnecessary steps. Make it easy for candidates to submit their information and showcase their qualifications.
2️⃣ Communicate effectively: Keep candidates informed throughout the process. Provide regular updates on their application status and be transparent about timelines. This helps build trust and keeps candidates engaged.
3️⃣ Optimize your interview process: Conduct thorough but concise interviews. Focus on relevant questions that assess a candidate's skills and cultural fit. Consider using video interviews to save time and accommodate remote candidates.
4️⃣ Collaborate efficiently: Streamline communication between hiring managers, interviewers, and HR teams. Utilize technology and tools that facilitate seamless collaboration and reduce delays.
By implementing these strategies, you can significantly improve your hiring process and enhance the candidate experience. Remember, a positive perception of your company's hiring process can attract top talent and positively impact your employer brand.
#HiringProcess #CandidateExperience #RecruitmentStrategies #EfficientHiring #EmployerBrand #TopTalent #StreamlineProcess #RecruitingTips
🌟 Boost Your Employer Brand, Attract Top Talent! 🌟
Did you know that a whopping 84% of candidates are more likely to interview for a job if the employer actively manages their employer brand? 📈✨
In today's competitive job market, it's crucial for companies to establish a strong employer brand to attract and retain top talent. Your employer brand is the perception potential candidates have of your organization as an employer, and it can significantly impact their decision to apply or accept a job offer.
Investing in your employer brand not only helps you stand out from the crowd but also enhances your company's reputation, increases employee engagement, and ultimately drives business success. 💼🚀
By actively managing your employer brand, you can create a positive and authentic image that resonates with candidates, showcasing your company culture, values, and opportunities for growth. This, in turn, attracts candidates who align with your organization's mission and vision, leading to higher-quality hires and improved employee retention rates. 💪🌟
So, how can you effectively manage your employer brand? Here are a few key strategies to consider:
1️⃣ Define your employer value proposition (EVP) - Clearly articulate what sets your company apart as an employer and why candidates should choose you over your competitors.
2️⃣ Leverage social media - Utilize platforms like LinkedIn, Facebook, and Twitter to share engaging content that showcases your company culture, employee testimonials, and career development opportunities.
3️⃣ Encourage employee advocacy - Empower your employees to become brand ambassadors by sharing their positive experiences working for your organization on social media and other relevant platforms.
4️⃣ Prioritize candidate experience - Ensure that every touchpoint with candidates, from the application process to interviews, reflects your company's values and provides a positive experience.
5️⃣ Monitor and respond to online reviews - Actively manage your online reputation by monitoring and responding to reviews on platforms like Glassdoor, Indeed, and Google.
Remember, a strong employer brand not only attracts top talent but also helps you retain your best employees, fostering a positive work environment and driving long-term success. 🌟💼
#EmployerBrand #TalentAcquisition #CompanyCulture #EmployeeEngagement #RecruitmentStrategies #HRStrategies #EmployerReputation #CandidateExperience #EmployeeAdvocacy #BusinessSuccess
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Stay updated with the latest trends and opportunities. #Networking #JobHunting #ProfessionalGrowth
🌟 Seeking a new opportunity? Make sure to consider the employer's reputation! 🌟
Did you know that a whopping 75% of job seekers take into account an employer's reputation before applying for a job? It's true! In today's competitive job market, it's essential to carefully evaluate potential employers to ensure a positive and fulfilling work experience.
A company's reputation can speak volumes about its culture, values, and overall employee satisfaction. By researching and considering an employer's reputation, you can gain valuable insights into what it's like to work there and make an informed decision about your career path.
Here are a few reasons why considering an employer's reputation is crucial:
1️⃣ Work Environment: A positive work environment fosters productivity, collaboration, and personal growth. By choosing an employer with a strong reputation, you increase your chances of joining a supportive and inspiring workplace.
2️⃣ Employee Satisfaction: Happy employees are more likely to thrive and succeed in their roles. A company with a positive reputation often prioritizes employee well-being, leading to higher job satisfaction and overall happiness.
3️⃣ Growth Opportunities: A reputable employer often offers excellent growth and development opportunities. By aligning yourself with a company known for investing in its employees, you can enhance your skills, advance your career, and achieve your professional goals.
So, how can you assess an employer's reputation? Here are a few tips:
✅ Research: Utilize online resources, such as company review websites and social media platforms, to gather insights from current and former employees. Pay attention to recurring themes and feedback to get a comprehensive understanding.
✅ Network: Connect with professionals in your industry who have experience working for the company you're interested in. Their firsthand knowledge can provide valuable insights and help you make an informed decision.
✅ Company Values: Evaluate the company's mission, values, and culture. Do they align with your own? A strong alignment can contribute to a more fulfilling and rewarding work experience.
Remember, your career is a significant part of your life, and choosing the right employer can make all the difference. So, before you hit that "Apply" button, take the time to consider an employer's reputation and ensure it aligns with your aspirations.
#JobSeekers #EmployerReputation #CareerGrowth #WorkplaceCulture #EmployeeSatisfaction #ProfessionalDevelopment
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