Blackbird Ventures (Australia) - Unicorn Nest

Blackbird Ventures (Australia)

Headquarters Location

Australia, Sydney

About

Blackbird Ventures (Australia) is the famous VC, which was founded in 2012. The venture was found in Australia. The main office of represented VC is situated in the Sydney.

The current fund was established by Bill Bartee, Larry Marshall, Niki Scevak, Richard Baker. Besides them, we counted 5 critical employees of this fund in our database.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Blackbird Ventures (Australia), startups are often financed by Felicis Ventures, Square Peg Capital, Matrix Partners. The meaningful sponsors for the fund in investment in the same round are 500 Startups, Felicis Ventures, Costanoa Ventures. In the next rounds fund is usually obtained by 500 Startups, Blackbird Ventures, Y Combinator.

The fund is constantly included in 13-24 deals per year. Considering the real fund results, this VC is 2 percentage points less often commits exit comparing to other organizations. The average startup value when the investment from Blackbird Ventures (Australia) is more than 1 billion dollars. The top amount of exits for fund were in 2019. The high activity for fund was in 2015. Comparing to the other companies, this Blackbird Ventures (Australia) performs on 23 percentage points less the average number of lead investments. The common things for fund are deals in the range of 5 - 10 millions dollars.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - Australia. Among the most successful fund investment fields, there are Artificial Intelligence, E-Commerce. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 1 or 4 of the founder, the chance for it to get the investment is meager. Among the most popular portfolio startups of the fund, we may highlight Zoox, Canva, SafetyCulture. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund.

Year Founded

2012

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: blackbird.vc; User name format in descending order of probability: first

Group Appearance [how often fund is operating separately from groups with shared interest]

100.0% of cases

Investments per Year [average amount of rounds in which fund participates each year]

13-24

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

21.5% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x8.5

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

4 years

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.15 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

2

Funds Investing in Previous
Rounds

Felicis Ventures, Square Peg Capital, Matrix Partners

Funds Investing in Following
Rounds

500 Startups, Blackbird Ventures, Y Combinator

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