# AirTree Ventures

> AirTree Ventures's investments in AI tools on Anchor Terminal, Airwallex, Canva and Employment Hero Pty Ltd, with each listing's grade and the founders behind it.

- Canonical: https://www.anchorterminal.com/investors/airtree-ventures/
- Markdown: https://www.anchorterminal.com/investors/airtree-ventures/index.md (~800 tokens)
- Slim: https://www.anchorterminal.com/investors/airtree-ventures/index.min.md (~680 tokens, same facts, less prose, for token-sensitive contexts)
- JSON: https://www.anchorterminal.com/investors/airtree-ventures/index.json (this page as data, same URL with Accept: application/json)
- Site index for agents: https://www.anchorterminal.com/llms.txt (full text: https://www.anchorterminal.com/llms-full.txt)
- API: https://www.anchorterminal.com/api/v1/index.json
- MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key)
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-10-28

Venture firm.

Website: https://www.airtree.vc

## Companies on Anchor Terminal

- **Airwallex**, Series F, May 2025, through Airtree, valued at $11B as announced (the source doesn't say pre- or post-money), Series H, June 2026
  - [Airwallex Spend and Issuing](https://www.anchorterminal.com/tools/airwallex.md), graded B, 68.3/100
  - Source: https://www.airwallex.com/global/newsroom/airwallex-raises-usd300-million-at-a-usd6-2-billion-valuation-to-build-the-future-of-global-banking
- **Canva**, $200M round, September 2021, valued at $40B as announced (the source doesn't say pre- or post-money), $200M round, September 2021
  - [Canva REST APIs + MCP](https://www.anchorterminal.com/tools/canva.md), graded B, 65.3/100
  - Source: https://techcrunch.com/2021/09/14/canva-raises-200-million-at-a-40-billion-valuation/
- **Employment Hero Pty Ltd**, Series D, March 2021, $181M AUD round, February 2022, Series F, October 2023
  - [Employment Hero Payroll](https://www.anchorterminal.com/tools/employment-hero.md), graded D, 50.6/100
  - Source: https://employmenthero.com/uk/blog/employment-hero-raises-45-million-to-further-mission/

## Where they invest

- Spend management & procurement, 1
- Programmatic asset production, 1
- Payroll infrastructure, 1

## Founders they backed

- [Jack Zhang](https://www.anchorterminal.com/people/jack-zhang/), Airwallex
- [Lucy Yueting Liu](https://www.anchorterminal.com/people/lucy-yueting-liu/), Airwallex
- [Jacob Dai](https://www.anchorterminal.com/people/jacob-dai/), Airwallex
- [Max Li](https://www.anchorterminal.com/people/max-li/), Airwallex
- [Ki Lok Wong](https://www.anchorterminal.com/people/ki-lok-wong/), Airwallex
- [Ben Thompson](https://www.anchorterminal.com/people/ben-thompson/), Employment Hero Pty Ltd
- [Dave Tong](https://www.anchorterminal.com/people/dave-tong/), Employment Hero Pty Ltd

## Questions

### Which AI tools has AirTree Ventures invested in?

Anchor Terminal lists Airwallex, Canva and Employment Hero Pty Ltd backed by AirTree Ventures.

### How are AirTree Ventures's companies graded?

On Anchor Terminal's benchmark, Airwallex Spend and Issuing (B, 68.3), Canva REST APIs + MCP (B, 65.3) and Employment Hero Payroll (D, 50.6).

Investors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source. An investor isn't a sign of quality, and nobody can pay to be listed or to change a grade. To correct something or have a page removed, write to privacy@anchorterminal.com.

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