At a Glance
AirTree was founded in 2014 by Daniel Petre and Craig Blair with the vision of building Australia's leading venture capital firm. The firm has grown to manage over $1 billion across multiple funds and has become synonymous with the Australian startup ecosystem's maturation. AirTree's most notable success is its early investment in Canva, which became one of Australia's most valuable private companies. The firm takes a founder-first approach, providing not just capital but extensive operational support through its AirTree Explore accelerator program and strong network of advisors and mentors. Led by partners including Daniel Petre (former Microsoft executive), John Henderson, and Elicia McDonald, AirTree has established itself as the go-to investor for ambitious Australian and New Zealand entrepreneurs. The firm's investments span from early-stage seed rounds to growth-stage companies, with a particular strength in SaaS, fintech, and marketplace businesses that can scale globally from the Asia-Pacific region.
“Invests in exceptional founders building technology companies in Australia and New Zealand that can scale to become global category leaders.”
AirTree primarily invests at the Seed, Series A, Series B, Growth stages. This means they focus on companies that are building their initial product and finding product-market fit.
AirTree is headquartered in Sydney, Australia. Many of their portfolio companies are also based in this region, though they invest across geographies.
AirTree focuses on investments in SaaS, Fintech, Consumer, AI, DevTools. Their portfolio reflects deep expertise and networks within these sectors.
AirTree's typical investment check size ranges from $500K to $30M. Actual amounts may vary based on the stage, sector, and specific opportunity.
AirTree manages approximately $1B+ in assets under management (AUM) across their funds.