Funding round
Airwallex Pre-seed
Airwallex, which works in global payments processing in Singapore, raised $3.0M in a Pre-seed round announced on 5 Jul 2016, led by Gobi Partners. 2 firms took part. It is Airwallex's first venture round on record.
$3.0M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Airwallex did not disclose a valuation in this round. It is Airwallex's first venture round on record, 1 year after it was founded in 2015. It is under 1% of the $1.35B Airwallex has raised in the venture rounds on record. Airwallex raised again 10 months later: a Series A round of $13M in May 2017. Its next priced round, a Series C in Mar 2019, valued it at $1.00B.
Airwallex's funding rounds
Airwallex has 9 venture rounds on record and 1 other deal. This one is highlighted.
- Pre-seed this round 5 Jul 2016, led by Gobi Partners $3.0M
- Series A 1 May 2017, led by Tencent Holdings $13M
- Other not a venture round 15 Dec 2017 $6.0M
- Series B 3 Jul 2018, led by Tencent and HSG $80M
- Series C 26 Mar 2019, led by DST Global $100M$1.00B post-money
- Series D 23 Mar 2021, led by Greenoaks $100M$2.60B post-money
- Series E 10 Oct 2022 $100M$5.50B post-money
- Series F 21 May 2025, led by Square Peg $300M$6.20B post-money
- Series G 8 Dec 2025, led by Addition $330M$8.00B post-money
- Series H+ 25 Jun 2026, led by Addition $320M$11.00B post-money
Investors
Who put money in
Gobi Partners led the round with 1 other firm.
Lead investor
- backs 56 venture-backed companies new investor
Also in the round
- backs 2 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, scaling operations and working capital.
- Hiring
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 1 in Payment Processing & Point of Sale, then Pre-seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 1 Jul 2017 | $500K | not disclosed | not named |
| Construction Services | 17 Jul 2016 | $200K | not disclosed | not named |
| Digital & Marketing Agencies | 10 Jun 2016 | $500K | not disclosed | IAN Group and CIO Angel Network |
| Athelas Tech Companies | 1 Jun 2016 | undisclosed | not disclosed | not named |
| Tech Companies | 10 Aug 2016 | undisclosed | not disclosed | Govin Capital |
| Tech Companies | 7 Sep 2016 | $5.0M | not disclosed | WI Harper Group |
| Cryptocurrency | 29 Sep 2016 | $1.5M | not disclosed | Blume Ventures |
| Transportation & Shipping | 31 May 2016 | $1.0M | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Airwallex raise in its Pre-seed round?
Airwallex raised $3.0M in its Pre-seed round, announced in Jul 2016.
Who led Airwallex's Pre-seed round?
Gobi Partners led it, with Gravity Fund.
What was Airwallex's valuation at the Pre-seed round?
It was not disclosed.
Did Airwallex raise again after this round?
Yes: a Series A round in May 2017 of $13M.