Investor Profile: Atlassian Ventures — Thesis, Cheque Size & How to Apply

If you are building SaaS for the future of work, here is how to get funding from Atlassian Ventures. Atlassian's corporate venture arm launched in September 2020 with a $50 million fund and has since deployed over $110 million across 30+ companies — making it one of the most active software CVCs. Atlassian Ventures funding pairs capital with distribution into Atlassian's 300,000+ customers and the Atlassian Marketplace.

Thesis and sweet spot

The fund's thesis is "funding the future of AI, cloud, and work" — backing startups building AI agents, cloud infrastructure, collaboration tools and developer platforms that complement the Atlassian ecosystem. It invests through two tracks: Early Conviction (seed to Series B, $1–5 million cheques, with the fund usually as a non-lead minority investor) and Growth Partner (later-stage, strategic investments).

Cheque size and fund

The announced fund is $50 million; cumulative deployment has exceeded $110 million across 30+ companies (reported early 2022) — the larger figure reflects total capital deployed, not a second announced fund. Early Conviction cheques run $1–5 million.

Notable portfolio

Portfolio companies include Snyk, Zoom, Slack (undisclosed stakes held at launch), InVision, Split.io, JumpCloud and Marketplace startups Hipporello and Meetical — the first two funded at launch.

The fund’s first two Marketplace bets — Hipporello and Meetical, funded at launch — signalled its commitment to the app ecosystem; later investments in Snyk and Split.io show its range across security and feature-flagging infrastructure.

Partners

The fund is led by Peter Lenke (Head of Atlassian Ventures since ~2024; previously six-plus years running VC and M&A at Twitter, ex-SVB Capital), succeeding Matt Sonefeldt, who formalised the fund in early 2022.

Programs, credits and perks

Portfolio companies get executive mentorship, Atlassian Marketplace and Forge distribution, the invite-only Atlassian Ventures Community Portal, and founder-friendly terms including convertible notes (a $5 million cap, 20% discount, 6% interest) plus partner discounts from AWS and HubSpot.

How to apply for funding

Apply through the Ventures website at atlassian.com/company/ventures — applications are rolling and reviewed monthly, open globally. A product that extends the Atlassian ecosystem (Jira, Confluence, Trello, Bitbucket) materially strengthens the pitch.