Venture capital fund · 14 deals
Every published round Felicis took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Felicis has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Canva | 6 Oct 2015, Series A | 5 | 3 | |
| CultureAmp | 4 Sep 2019, Series D+ | 2 | 0 | |
| Dovetail | 26 Feb 2020, Seed | 3 | 1 | |
| Kinde | 21 Mar 2022, Seed | 1 | 0 | |
| Living Carbon | Oct 2023, Series A | 1 | 0 | |
| Redactive | 3 Jul 2024, Seed | 1 | 1 | |
| Sphere | 19 Nov 2025, Series A | 1 | 0 |
Fund closes reported for Felicis, as distinct from the investments it has made.
Companies Felicis has backed that another company then bought. An exit for the holding, not a deal Felicis did.
| Name | Role | Sources |
|---|---|---|
| Victoria Treyger | General Partner | Startup Daily (Thu 4 Jul 2024), Forbes Australia, Startup Daily (Tue 15 Mar 2022), Startup Daily (Thu 20 Jan 2022), Startup Daily (Tue 10 Aug 2021), Startup Daily (Sun 14 Mar 2021) |
| Wesley Chan | Managing Director | Startup Daily, SmartCompany |
Stories naming Felicis. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Defense startup Singularity has surfaced from stealth, securing a large Series A co-led by two venture firms to scale production of affordable systems that counter cheap drones, with backing from several established investors.
Folklore Ventures says its investee Sphere has secured US$20 million in a Series A led by Andreessen Horowitz, with Y Combinator, Felicis and 20VC also in; Folklore backed Sphere at pre-seed.
Crunchbase's unicorn tracker analysis finds AI-driven valuations added over half a trillion dollars in months, reshuffling the top twenty and minting eleven new decacorns in H2 2025, including Figure, Kraken, Mistral and Sierra.
RecordPoint has bought Redactive AI, a Melbourne data security startup founded by former Atlassian staff, for an undisclosed sum two years after its founding; Felicis and Blackbird co-led its 2024 seed round.
Canva has raised US$40 million at a US$1 billion valuation, becoming an Australian unicorn, with Sequoia China joining long-time backers Blackbird Ventures and Felicis Ventures in a round led by Blackbird.
Enterprise AI platform Redactive AI has raised a seed round co-led by Blackbird Ventures and Felicis Ventures, with Atlassian Ventures and Zapier joining, to grow its team and US presence.
Also Forbes Australia·Startup Daily·Startup Daily·Forbes Australia
Feature on Australia's fast-growing climate tech sector, recounting raises at companies including Neara, Loam Bio, Goterra and Great Wrap, and warning that scarce growth capital and limited foreign investment could stall the industry.
Kinde, a developer-infrastructure startup founded by ex-Atlassian and Campaign Monitor staff, has raised a $10.6 million seed round led by Blackbird Ventures with Felicis Ventures, to build tooling that spares SaaS startups repetitive groundwork.
Employee experience platform Culture Amp has bought San Francisco values-recognition startup Disco for an undisclosed sum, with Disco's former CEO joining Culture Amp and an Asana executive added to the board.
Also Startup Daily
Sydney customer-research software firm Dovetail raised $5 million from existing backers Felicis, Blackbird, Grok and Didier Elzinga, following its 2020 seed round, to fund a North American expansion.
Weekly roundup by Ignition Lane covering Vend's sale to Lightspeed, Roblox's listing, raises at Pipe, DataGrail, Mastt, Sonnant and Corvus, LaunchVic's new fund for women founders, and Scale Investors' new co-CEOs.
Also Startup Daily·LaunchVic
Daily venture roundup led by Culture Amp's Series E, plus three venture funds closing, four acquisitions including Vertex's $950m Semma deal, IPO preparations, and a managing director hire at Sands Capital.
Also TechCrunch Venture·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·TechCrunch Venture·Startup Daily
Melbourne employee-survey company Culture Amp has closed an $82 million Series E led by Sequoia Capital China, doubling its total funding, a year after a $40 million Series D.
Interview with Canva's co-founder sharing fundraising lessons, alongside news the design company has secured fresh backing led by Blackbird and Felicis, doubling its valuation to $458 million.
The design platform secured fresh capital from its previous backers, lifting its worth substantially, while its co-founder reflects on growth, global user numbers and lessons for other local entrepreneurs.
Canva raised a US$15 million Series A led by Felicis Ventures at a US$165 million valuation, with existing backers and two actors joining; Felicis also led Culture Amp's March raise.
Also SmartCompany·SmartCompany·SmartCompany·Dealroom·TechCrunch Venture