Close Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Telstra Ventures

Investor type Venture Capital
Founders Mark Sherman Matthew Koertge

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 119
Average round size
info
The average size of a deal this fund participated in
$58M
Portfolio companies 85
Rounds per year 10.82
Lead investments 24
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.29
Exits 22
Key employees 4
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Software
  • Information Technology
  • SaaS
  • Enterprise Software
  • Mobile
Summary

In 2011 was created Telstra Ventures, which is appeared as VC. The fund was located in Australia. Telstra Ventures appeared to be a CVC structure as part of the corporation. The leading representative office of defined VC is situated in the Sydney.

Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. For fund there is no match between the location of its establishment and the land of its numerous investments - United States. Among the most popular fund investment industries, there are Machine Learning, Cloud Computing. The fund has no exact preference in a number of founders of portfolio startups. In case when startup counts 5+ 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 Snap, CrowdStrike, UBTech Robotics.

The top activity for fund was in 2018. The increased amount of exits for fund were in 2019. Opposing the other organizations, this Telstra Ventures works on 12 percentage points less the average amount of lead investments. The fund is constantly included in 7-12 investment rounds annually. When the investment is from Telstra Ventures the average startup value is more than 1 billion dollars. Considering the real fund results, this VC is 8 percentage points more often commits exit comparing to other organizations. Deals in the range of 50 - 100 millions dollars are the general things for fund.

We also calculated 4 valuable employees in our database.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Telstra Ventures, startups are often financed by GV, Andreessen Horowitz, New Enterprise Associates. The meaningful sponsors for the fund in investment in the same round are GV, General Catalyst, Sierra Ventures. In the next rounds fund is usually obtained by Salesforce Ventures, GGV Capital, New Enterprise Associates.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Telstra Ventures:
Typical Co-investors
Telstra Ventures is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Telstra Ventures:

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Bailibowen Beijing, Beijing, China
Bryant Stibel Investments California, Malibu, United States
CIH Investment Capital Limited Central, Central Region, Singapore
FinLab Frankfurt, Germany, Hessen
Huijunfeng Zichan China, Shanghai
Kuaile Mengxiang Keji Beijing, Beijing, China
LuneX Ventures Central, Central Region, Singapore
Namier Capital Partners England, London, United Kingdom
Newfire Global Partners Cambridge, Massachusetts, United States
RCI Carmel, Indiana, United States
Renewable Energy Performance Platform (REPP) England, London, United Kingdom
RIC Capital Management China, Shanghai
Thomas, McNerney & Partners Connecticut, Stamford, United States
Tuhua Fund Auckland, Auckland, New Zealand
Wentianxia Investment -
Wind Capital -
Y&N Brothers Japan, Tokyo
Ying Feng Investment Create Value China, Fujian, Xiamen
Zero2IPO Ventures Beijing, Beijing, China

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Enable

B2B
Cloud Data Services
Finance
SaaS
Software
$94M18 Oct 2022 San Francisco, California, United States

Boomtown

Artificial Intelligence
Customer Service
Information Technology
Mobile Apps
Product Design
Software
Technical Support
$20M13 Sep 2022 California, United States

Lipinyun

Big Data
Cloud Data Services
CRM
SaaS
16 Jun 2022 Shanghai, Shanghai, China

Airspace

Logistics
Software
Supply Chain Management
Warehousing
$70M25 May 2022 Carlsbad, California, United States

Certn

Big Data
Information Services
Information Technology
Software
$51M10 May 2022 Victoria, British Columbia, Canada

Blockdaemon

Bitcoin
Blockchain
Cloud Infrastructure
Cloud Management
Computer
Cryptocurrency
Ethereum
FinTech
14 Apr 2022 Los Angeles, California, United States

LambdaTest

Cloud Computing
Cloud Infrastructure
Data Integration
Developer Tools
SaaS
Software
Usability Testing
$45M29 Mar 2022 San Francisco, California, United States

Cohere Technologies

Communications Infrastructure
Computer
Information Technology
Software
Telecommunications
Wireless
$46M22 Feb 2022 San Jose, California, United States

Cequence Security

Cyber Security
Developer APIs
Fraud Detection
Information Technology
Internet
Network Security
Security
Software
$60M15 Dec 2021 Sunnyvale, California, United States
News
Mobile Premier League Raises Series E Financing; Valued at $2.3 Billion

– Mobile Premier League, the Asian largest esports and skill gaming platform, raised its Series E round of financing at a pre-money valuation of $2.3b.
– The round was led by Legatum Capital with participation from existing investors Sequoia, SIG, RTP Global, Go-Ventures, Moore Strategic Ventures, Play Ventures, Base Partners, Telstra Ventures, and Founders Circle Capital.
– The new investment will be used to finance the company’s global expansion and invest in its technology.

ClosedLoop.ai Raises $34M in Series B Funding

– ClosedLoop.ai from Austin develops a healthcare’s data science platform using artificial intelligence to improve outcomes and reduce costs.
– Series B $34m round was led by Telstra Ventures with participation from Breyer Capital, Greycroft Ventures, .406 Ventures, and Healthfirst, with participation from angel investors Adam Boehler (former director of CMMI & CEO of Rubicon Founders) and Sam Palmisano (former CEO of IBM).
– The new investment will be aimed at further expanding the reach of its artificial intelligence solutions.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Telstra Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: