Telstra Ventures

Report

Reach out to Telstra Ventures

About Telstra Ventures

Investor type

VC firm

First check

$4M to $15M

Lead

N/A

Themes

app

last-mile

wearables

cyber-security

subscription

supply-chain

security

+44

See all

Funding Stages

3. Early Revenue 4. Scaling

Countries of investment

Israel

Who we are

Our LPs are HarbourVest, the $50B AUM private equity investment platform and Telstra is the ~$25B market capitalization communications services company, headquartered in Australia, with significant operations in Beijing, Hong Kong, Jakarta, London, Manila, Silicon Valley, and Singapore.

Funding Requirements

We invest in: (i) security, cloud, SaaS, networking, machine learning, data, consumer / media / mobile, logistics, and other emerging sectors; (ii) USA, China or Australia geographies; (iii) high-quality people; (iv) companies with $1M to $20M in revenue, and (v) invests in ~10 new companies each year.

Telstra Ventures’ mission is to serve lighthouse leaders and help them deliver on their product dreams.

Our differentiation comes from (i) sourcing: thematic investors complemented with data science, (ii) Revenue Bearing Relationships value-add: we have generated $300m in revenues for our portfolio in Australia and Asia by selling to and through Telstra, and (iii) our quality investment process: in 9 years, we have generated 8 IPOs (BigCommerce, Box, Cloopen, Crowdstrike, DocuSign, Skillz, Snap, and Whispir), 9 strategic M&As (Elastica, Elemental, Kony, Nexmo, Nginx, Ooyala, Rancher, TeleSign, and VeloCloud), and 3 additional Unicorns (Auth0, GitLab, UBtech).