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Hnry is a digital accounting service for sole traders, providing automatic tax calculations, invoicing, expenses management, and on-demand support from accountants.
Hnry has raised $47.0M across 4 funding rounds.
Hnry has raised $47.0M in total across 4 funding rounds.
Hnry has raised $47.0M across 4 funding rounds. Most recently, it raised $25.0M Series B in January 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2023 | $25M Series B | — | Airtree Ventures, Andreessen Horowitz, Left Lane Capital, LGF, Otherwise Fund, Sequoia Capital, Übermorgen Ventures, Visionaries Club, Eric WU, Evan Moore, Gian Reto À Porta, Julia Dewahl, Kunal Shah | Announced |
| Jan 1, 2022 | $16M Series A | — | Left Lane Capital, Sequoia Capital, Übermorgen Ventures, Visionaries Club, Gian Reto À Porta | Announced |
| May 1, 2021 | $4M Series A | — | Equity Venture Partners | Announced |
| Sep 1, 2019 | $2M Seed | — | Equity Venture Partners | Announced |
Hnry is a fintech company providing automated tax and financial administration services exclusively for sole traders, freelancers, and contractors. Its platform handles real-time tax calculations, filings, payments, invoicing, expense management, and mileage tracking, eliminating manual admin burdens and ensuring compliance.[1][2][3][5] Serving self-employed individuals in New Zealand, Australia, and the UK, Hnry solves the complexity of tax obligations—allowing users to save up to 5 hours weekly on admin and 75% on costs compared to traditional accountants—while offering pay-as-you-go pricing capped at $1,500 + GST annually.[2][5] With nearly $100m in total funding, including a $30m Series C in December 2025 led by Movac, Hnry has achieved rapid growth, expanding sevenfold in Australia since 2020 and targeting over five million sole traders across its markets.[2]
Hnry was co-founded in 2017 by Claire and James Fuller, who drew from their own frustrations as self-employed individuals dealing with time-consuming tax and financial admin.[3] Launching initially in New Zealand, the idea emerged to create a seamless solution that automates these "gnarly" processes, with the founders bringing it "into the wild" that year.[3] Early traction built steadily, humanizing the service through real-user pain points, and by 2018 it gained momentum amid rising freelance economies.[2] Pivotal moments include a 2022 raise valuing it over $100m with Left Lane Capital, and recent Series C funding to fuel international scaling.[1][2] Karan, Australia's Managing Director with his own business background, has since driven Sydney expansion.[3]
Hnry rides the global surge in self-employment and gig economy growth, where over five million sole traders in Australia/UK alone face admin overload amid complex, real-time tax rules.[2] Its timing aligns with post-pandemic freelancing booms and regulatory shifts like digital filings, positioning it as Australasia's largest sole trader service since 2017.[2][6] Market forces favoring fintech automation—rising contractor numbers across professions like NDIS workers and graphic designers—boost its momentum, while expansions counter traditional accounting's high costs.[2][3] Hnry influences the ecosystem by advocating for sole traders, launching accessible tools like mileage apps, and enabling faster business growth through simplified finances.[2][5]
Hnry's oversubscribed $30m Series C signals strong trajectory, funding accelerated UK/Australia growth and product innovations like enhanced mileage tools.[2] Next steps likely include deeper market penetration, potential US entry leveraging Movac's global expertise, and AI-human hybrid expansions for more industries.[2][3] Trends like rising freelance numbers, stricter tax digitization, and demand for "never think about tax again" simplicity will propel it, evolving its influence from regional leader to worldwide self-employment revolutionizer—tying back to founders' mission of stress-free financial control for millions.[3]
Hnry has raised $47.0M in total across 4 funding rounds.
Hnry's investors include Airtree Ventures, Andreessen Horowitz, Left Lane Capital, LGF, Otherwise Fund, Sequoia Capital, Übermorgen Ventures, Visionaries Club, Eric Wu, Evan Moore, Gian Reto à Porta, Julia DeWahl.
