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Telstra Ventures

Founders Mark Sherman Matthew Koertge

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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.

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Total investments 128
Average round size
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The average size of a deal this fund participated in
$56M
Portfolio companies 92
Rounds per year 10.67
Lead investments 27
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.28
Exits 22
Key employees 4
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Software
  • Information Technology
  • SaaS
  • Mobile
  • Enterprise Software
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.

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Typical Co-investors
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Telstra Ventures:

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Tabnine (formerly Codota)

Artificial Intelligence
Developer Tools
SaaS
Search Engine
Software
$25M08 Nov 2023 Tel Aviv-Yafo, Tel Aviv District, Israel

Cranium

Artificial Intelligence
Security
Software
$25M26 Oct 2023 Short Hills, New Jersey, United States

Pexapark

CleanTech
Renewable Energy
SaaS
$23M26 Sep 2023 Zurich, Switzerland

Super.com

E-Commerce
FinTech
Mobile
Price Comparison
Travel
$60M24 Apr 2023 San Francisco, California, United States

Certn

Big Data
Information Services
Information Technology
Software
$30M20 Apr 2023 Victoria, British Columbia, Canada

Safe Security

Artificial Intelligence
Cyber Security
Network Security
$50M18 Apr 2023 Palo Alto, California, United States

Playbook

Apps
Financial Services
$7M29 Mar 2023 San Francisco, California, United States

Strata Identity

Cloud Data Services
Identity Management
Information Technology
Software
$26M25 Jan 2023 Boulder, Colorado, United States

Enable

B2B
Cloud Data Services
Finance
SaaS
Software
$94M18 Oct 2022 San Francisco, 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.

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Total investments 128
Average round size 56M
Rounds per year 10.67
Peak activity year 2021
Lead investments 27
Follow on index 0.28
Exits 22
Group Appearance index 0.80

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Tabnine (formerly Codota)

Artificial Intelligence
Developer Tools
SaaS
Search Engine
Software
$25M08 Nov 2023 Tel Aviv-Yafo, Tel Aviv District, Israel

Cranium

Artificial Intelligence
Security
Software
$25M26 Oct 2023 Short Hills, New Jersey, United States

Pexapark

CleanTech
Renewable Energy
SaaS
$23M26 Sep 2023 Zurich, Switzerland

Super.com

E-Commerce
FinTech
Mobile
Price Comparison
Travel
$60M24 Apr 2023 San Francisco, California, United States

Certn

Big Data
Information Services
Information Technology
Software
$30M20 Apr 2023 Victoria, British Columbia, Canada

Safe Security

Artificial Intelligence
Cyber Security
Network Security
$50M18 Apr 2023 Palo Alto, California, United States

Playbook

Apps
Financial Services
$7M29 Mar 2023 San Francisco, California, United States

Strata Identity

Cloud Data Services
Identity Management
Information Technology
Software
$26M25 Jan 2023 Boulder, Colorado, United States

Enable

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