JavaScript is disabled

For full functionality of this site it is necessary to enable JavaScript in your web browser. Click the button below for instructions on how to enable JavaScript, then refresh the page.

Instructions

Your browser is unsupported

You'll need to upgrade to a modern web browser to access this site. Click below to see some options.

View Browsers

Hnry Series B Raise Q&A

Embargoed until 6am on 31 January

What does Hnry do?

Hnry saves sole traders time, money, and stress by automatically calculating and paying their taxes - whenever they get paid.

Hnry customers can easily send invoices and raise expenses through the Hnry app, and as their accountant, we’ll review their expenses and file their tax returns whenever they’re due. In short, Hnry gets the tax stuff done for sole traders.

What new products and services will Hnry be releasing?

We’re committed to helping sole traders with their financial admin - as part of that, we will be releasing new financial management products to save them more time, money, and hassle.

What types of roles are you recruiting for?

We have a broad range of roles opening up across the entire business, including Engineering, Product, Marketing, Customer Finance, and Customer Support.

Who are Hnry’s competitors and what makes Hnry different from them?

Historically, self-employed individuals have had two choices: use accounting software or get a traditional accountant.

Hnry is the first service of its kind because it offers both solutions in one – so taxes are automatically calculated and paid as they earn. Instead of offering sole traders tools to manage their taxes, Hnry just gets it done.

How big is NZ’s sole trader workforce?

Sole traders make up nearly 20% of NZ’s workforce, around 400,000 people across every industry.

Who are sole traders?

Sole traders come in all shapes and sizes. This includes tradies, freelance writers, software developers, hairdressers, graphic designers, beekeepers, and doctors; pretty much every profession you can think of.

How much time are they losing on financial administration?

On average, sole traders spend seven hours per week on tax and financial admin - almost a full working days’ worth of billable hours lost every week. This loss in productivity costs the NZ economy $3.2 billion every year.



About Series B Investors

AirTree

What kind of companies does AirTree invest in?

AirTree is a venture capital fund focused on investing in the best Australian and New Zealand technology founders.

To date, it’s funded 81 companies, includingCanva,Linktree, andMILKRUN.

How many New Zealand companies have they invested in, to date?

Jackie Vullinghs says that “New Zealand’s startup scene is thriving. Kiwi founders’ ingenuity and ‘number 8 wire’ attitude breeds resourceful founders who can thrive regardless of market conditions.

AirTree has invested in local category-defining startups like Joyous, Futureverse and Lawvu, and we’re excited to partner with more ambitious Kiwi founders, like James and Claire, as they build global companies based in New Zealand.”



Athletic Ventures

What is Athletic Ventures?

Athletic Venture is an Australian investment syndicate for former and current elite athletes founded by GWS Giants midfielder Matt de Boer.

What kind of companies do they invest in?

Athletic Ventures looks to partner with and add value to world-class entrepreneurs who are building high-growth technology and consumer companies.

You can find out more about theirinvestments here.

Who are some of the athletes involved?

Matt de Boer, who played more than 200 AFL games, is Athletic Ventures’ Managing Partner.

There are more than 100 current or former athletes investing through Athletic Ventures, from codes such as the NBA, Netball Australia, Australian Rugby, the NRL, and Cricket Australia.



Icehouse Ventures

What is Icehouse Ventures?

Icehouse Ventures is a venture capital firm that exists to support and invest in brave Kiwi founders building global companies.

How much has Icehouse Ventures invested in Hnry to date?

Icehouse has invested in Hnry a total of five times and has increased their initial investment tenfold over the last four years, which speaks to their extraordinary confidence in James and Claire Fuller - and the rest of the Hnry team.



Share on: