Hnry - a maker of pay-as-you-go accounting and tax software for sole traders - has raised $35 million, defying the venture capital drought.
The Wellington-based firm says the money will be used to more than double its headcount over the next six months. It currently has 55 staff in Wellington,
where it was founded. Next month it will open a Sydney office with 25 to 30 staff, and continue hiring on both sides of the Tasman.
Co-founder James Fuller tells the Herald more CVs are coming in than six months ago, amid a tech job market on the turn.
His firm, which charges $1 on every $100 earned, has global ambitions, but Fuller says the $35m will be spent expanding in Australasia. Although it will stay in the same geography, new products and services will be added.