Titanium Ventures

Titanium Ventures, formerly Telstra Ventures, is a global growth-stage venture capital firm originally formed in 2011 as the corporate venture capital arm of Telstra, Australia's largest telecommunications company. It has operated as an independent VC since 2018 and rebranded to Titanium Ventures in June 2024, reflecting a new arms-length relationship with Telstra as the corporate sold down its stake. The firm runs offices in San Francisco, Sydney and Shanghai and manages close to US$1 billion across three funds, backed historically by strategic limited partners Telstra and HarbourVest. Titanium specializes in Series B and growth-stage investments, typically writing checks of roughly $10M to $40M and more, though it also leads earlier rounds, and it targets companies generating about $1M to $20M in revenue across the United States, Australia and China. Focus sectors include enterprise and vertical SaaS, AI, cybersecurity, cloud and enterprise infrastructure, fintech, edtech and climate and environment tech. For nearly a decade the firm has used proprietary data-science and AI models to source and diligence deals, and its Revenue Acceleration Platform claims to have generated more than $660M in incremental revenue and 1,600 customers for portfolio companies. Across roughly 99 portfolio companies it has logged 12 IPOs, 17 unicorns and dozens of liquidity events, with notable names including CrowdStrike, Box, DocuSign, Auth0, GitLab, BigCommerce, Skillz, Snap, LambdaTest, Coalesce, BuildOps and Alvys. Recent 2025 activity includes leading a Series A in geothermal company Bedrock Energy, a Series B in BforeAI, and investments in OpenSolar and SMB fintech Flex in December 2025. It is led by Managing Partner Mark Sherman, joint Managing Partner Matthew Koertge and General Partner Yash Patel.