Our investment process

Atlassian will invest in two types of companies that are critical to our ongoing success:

• “Early Conviction” (typically seed - series b) building in compelling emerging markets.
• “Growth Partners” which are growth stage investments focused on deepening relationships with market-leading strategic partners for Atlassian.

We have created standard investment documents, with target-friendly terms that we will not negotiate. This helps ensure that you can do what you do best – build great products – and we can make this process as scalable as possible (i.e., invest in lots of great companies!).

Our standard terms are a $250K USD convertible note with a $5M USD cap and a 20% discount.

Other rights that we will require as part of our investment:

• Information rights – we request that companies send us send financial statements on a quarterly basis. This helps us track your progress over time.
• Pro rata rights - these give us the right to participate in subsequent rounds of funding in order to maintain our ownership percentage.
• In a nod to Atlassian’s Open Company, No BS value, we’ve published a blog about our Convertible Note, as well as the Note itself. See the blog and our Note for more information.
• Right of notice - if you get an acquisition offer from a third party, we want to know about it! This does not give us any rights for negotiation, etc. It’s just a heads up about the process a few days in advance.

No, we will not take either a Board seat or a Board Observer seat.

Yes. Please provide details in the application form.

Yes, we have standard terms for our investments in later-stage companies (Series A and beyond). In May 2022, we published this blog as well as our standard Side Letter.

These larger investments are typically made in partnership with a lead institutional investor and take into account the needs and growth plans of each company.

Companies in the Atlassian Ventures portfolio can expect to receive “uniquely Atlassian” support designed to propel you forward in the competitive landscape. Founders will get access to an exclusive internal Advisor Network of subject matter experts who can help them navigate challenges in their industry. They will also enjoy preferred placement on Atlassian’s digital properties, including the Atlassian Marketplace, giving them visibility that can lead to new customers and partnerships. Plus, they can take advantage of special access to Atlassian events, perks and discounts partnerships with industry leaders like AWS and HubSpot.

With Atlassian Ventures, you’re not just getting an investment; you’re unlocking an ecosystem of support, connections, and opportunities that can elevate your startup.

The following are not included in the Atlassian Ventures portfolio management program:

• Commercial partnerships
• Any promise of future investment
• Additional support beyond what is outlined above

If your question has not been addressed here, please reach out directly to ventures@atlassian.com.