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The Venture Codex

Atlassian Ventures

Level 6, 341 George Street, Sydney, NSW, 2000, Australia

Overview

Atlassian Ventures invests in early-stage companies focused on building apps for cloud products. Early-stage (targeting seed rounds) startups building apps for our cloud products. We hope to include both existing ecosystem developers and new teams in this category and are excited to give them an opportunity to grow. Larger, more established product partners scaling their businesses. These investments will be made in partnership with institutional investors, and will generally target series A onwards. Existing sales channel partners looking to step up their cloud services and create new products that support the future of teamwork.

Total investments
42
Lead investments
3
Investments · 12mo
4
Active investors
3

Sector focus

  • Business Development
  • Finance
  • Financial Services
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Investment portfolio

  • Airspeed

    Participated · Series A · Jun 2026

    Airspeed provides an execution-layer platform for revenue teams that deploys autonomous AI agents to act on commercial context across calls, emails, tickets, and CRM. Its platform automatically updates systems, flags risks, and generates follow-ups across the revenue workflow to help sales teams move deals forward. The company is led by CEO Adam Liska and CTO Devang Agrawal. Airspeed serves 200 customers across 20 countries. Financially, the company has raised a total of $25M after the $20M Series A. It plans to use the newly raised capital to expand operations and accelerate product development.

  • Legora

    Participated · Series D · Apr 2026

    Legora offers an AI-driven legal platform that leverages large language models to assist law firms and in-house legal teams with tasks across legal workflows. The company launched its platform roughly 18 months ago and now reports usage by more than 1,000 law firms and in-house teams across 50 markets. Legora recently crossed $100 million in annual recurring revenue, a milestone that contributed to a $5.6 billion post-money valuation. It has been investing in global expansion—opening multiple offices with a clear focus on the U.S.—and in high-profile marketing campaigns such as advertising featuring actor Jude Law. Legora positions itself in direct competition with U.S. rival Harvey and emphasizes client wins with firms like Bird & Bird, Cleary Gottlieb, and Linklaters. Its growth and recent financings suggest a push to scale sales and market presence internationally.

  • Lovable

    Participated · Series B · Dec 2025

    Lovable is a vibe-coding startup that hosts 60 million projects and attracts 900 million monthly visitors. The company reported a $500 million annualized run rate in June. It offers its own in-house trained AI model in addition to frontier model options and has increased backend capacity and technical sophistication as it has scaled. Lovable signed a multiyear deal with Google Cloud, which the company says led to a fivefold increase in usage. The startup has also invested in other European startups such as Danish company Atech. Recent funding rounds have significantly increased its valuation and capital base.

  • Milestone

    Participated · Seed · Nov 2025

    Milestone offers an enterprise-grade platform that ingests data from codebases, project-management systems, team structures, and code-generation tools to create a comprehensive “GenAI data lake.” This enables engineering leaders to see which teams use AI assistants, measure feature-delivery speed, trace bugs to AI-generated code, and make informed decisions about tool deployment. Current customers include Kayak, Monday, and Sapiens, validating Milestone’s focus on large enterprises while it deliberately turns away smaller prospects. The company partners with vendors such as GitHub, Augment Code, Qodo, Continue, and Atlassian to keep pace with the rapidly evolving AI tooling landscape. Founded by CEO Liad Elidan in Israel with CTO Professor Stephen Barrett collaborating from Ireland, the fully distributed team emphasizes academic rigor and enterprise-grade security to access customer codebases. Milestone plans to remain focused on engineering efficiency rather than expanding into other corporate functions. Its $10 million seed financing gives it the capital to deepen product capabilities and scale enterprise go-to-market efforts, although revenue and user figures have not been disclosed.

  • Vanta

    Participated · Series D · Jul 2025

    Vanta is an AI-powered trust management platform that began in 2018 by helping startups automate SOC 2 and today provides continuous, automated verification across security and compliance controls. The product offers zero-touch verification, vendor risk management, access reviews, Trust Centers, Policy Builder, an AI Agent, and AI-powered Questionnaire Automation to speed evidence collection and reviews. Vanta serves over 12,000 companies in 58 countries, monitors 200 million resources, and records 10 million Trust Center views; it reports AI assessments completed up to 81% faster and IDC-measured customer ROI and productivity gains. The company recently acquired Riskey and has launched features such as Vanta for Marketplaces and expanded support for FedRAMP, CMMC, and NIST 800-53. Vanta has grown to 1,000+ employees with offices in Dublin, London, New York, San Francisco and Sydney. Vanta provides a trust management platform that automates security and compliance workflows, initially focused on certifications like ISO 27001, HIPAA and SOC 2. The company has expanded beyond automated compliance toward broader "trust" features, including trust centers, real-time security status pages, questionnaire automation and building integrations into existing security tools. Vanta has built roughly 200 integrations in-house and reports another ~100 built by customers. It has launched AI products and is increasing use of large language models, with its questionnaire automation showing about 80% of answers immediately accepted by human reviewers. Financially, Vanta surpassed $100M in ARR for the financial year ending in January, serves over 8,000 customers, and employs about 500 people; roughly a quarter of customers are outside the U.S. The company is focused on moving upmarket and expanding its global presence while continuing to build AI-driven features and some of its own security tooling. Vanta provides a compliance automation platform that collects data from customers’ SaaS apps and cloud stacks, runs analyses to surface potential security threats, and offers workflows and controls to meet standards like HIPAA and GDPR. Its platform enables auditors to complete audits within Vanta and delivers alerts and guidance via email and apps like Slack. The company says each new customer benefits from aggregated, data-driven insights drawn from thousands of prior customers. Vanta serves more than 4,000 organizations, including Quora, Modern Treasury and Autodesk, and employs over 350 people. CEO Christina Cacioppo founded the company in 2016 and says revenue has grown “significantly faster” than its valuation; she also said the company bootstrapped to $10M ARR before raising outside capital. The new funding will be used to support customer acquisition, product R&D and go-to-market efforts. Vanta offers a platform that automates much of the manual work involved in achieving and maintaining cybersecurity compliance, with dozens of integrations that evaluate application configurations against standards. The product continuously monitors systems to surface compliance issues, highlights remediation steps, and simplifies creation of security reports. Vanta says its platform can reduce the manual effort of security audits by up to 90%. The company supports SOC 2, ISO 27001 and helps with industry-specific data-protection and privacy regulations such as GDPR. After its prior funding round last May Vanta reported more than $10 million in annual recurring revenue and over 1,000 customers; the company now says its platform is used by more than 3,000 organizations. Vanta plans to use the new proceeds to further enhance its compliance and cybersecurity capabilities. Vanta provides a platform that automates security monitoring and helps companies prepare for SOC 2, ISO 27001, and HIPAA certifications. The platform connects to services including Google Cloud Platform, Amazon Web Services, GitHub, Okta, and Slack. Founded in 2017 and led by CEO Christina Cacioppo, Vanta serves nearly 1,000 companies, including Clubhouse, Lattice, Calm, Loom, Notion, and UserTesting. In two and a half years the company has surpassed $10 million in annual recurring revenue. Vanta plans to use the new funding to meet customer demand, launch new products, and open a second office in New York.

Team