# Atlassian

Atlassian is a Software Development based in Sydney, Australia.

## Overview

- **Organization type:** Software Development
- **Headquarters:** Sydney, Australia
- **Region:** Oceania
- **Address:** Sydney, Australia
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** atlassian.com
- **LinkedIn:** https://www.linkedin.com/company/atlassian

## Regulatory record

- **Reports private funds:** No

## About

Mike Cannon-Brookes and Scott Farquhar launched Atlassian in 2002 after graduating from the University of New South Wales, bootstrapping the company to a 2015 NASDAQ listing without venture capital. The collaboration-tools business — known for Jira, Confluence, and Trello — generated fortunes for both founders, with Cannon-Brookes's net worth pegged at roughly $12 billion by the Australian Financial Review's 2025 Rich List. While Farquhar largely invests through Skip Capital, Cannon-Brookes channels the majority of his capital and attention through Grok Ventures, a Sydney-based family office that operates with a concentrated, high-conviction mandate. Grok Ventures manages a multi-billion-dollar portfolio spanning venture capital, public equities, private credit, and direct infrastructure stakes. The firm's most visible commitment is decarbonization: Cannon-Brookes led a contested $5.4 billion takeover bid for AGL Energy alongside Brookfield in 2022 to accelerate the utility's coal exit, then acquired a significant stake in Sun Cable, the world's largest solar-energy export project, out of administration in 2023 (per the Australian Financial Review, 2023). Grok has also backed Australian fintech unicorn Zeller, cultivated-meat company Vow, and advanced computing player Psivant, while maintaining a concentrated position in Atlassian stock that serves as the portfolio's liquid anchor. Geographic focus tilts heavily toward Australia, with selective US and Southeast Asian exposures. Cannon-Brookes operates Grok Ventures with a lean team that includes professionals drawn from investment banking, energy markets, and technology operations. The office shares DNA with the Atlassian operating culture — highly autonomous, anti-bureaucratic, and skeptical of traditional asset-management conventions. In September 2024, Scott Farquhar stepped away from day-to-day responsibilities at Atlassian, further distinguishing the two founders' post-operating trajectories: Cannon-Brookes remains Co-CEO of the software company while actively steering Grok's direct-investment agenda and climate philanthropy. Grok Ventures is structurally distinct from most tech-derived family offices in two respects. First, it acts as a private, hybrid investment platform — both a direct investor capable of leading complex infrastructure syndicates and a limited partner in Australia's emerging venture- capital ecosystem. Second, Cannon-Brookes's approach fuses operating, balance sheet, and policy influence: the AGL/Sun Cable campaigns were not passive bets but active interventions in Australia's energy transition, blurring the line between asset management and civil-society pressure.

## Sectors

- Enterprise Software
- ClimateTech
- Energy Transition & Renewables
- AI/ML
- FinTech
- SpaceTech

## People

- Mike Cannon-Brookes — Co-Founder & Co-CEO
- Scott Farquhar — Co-Founder & Co-CEO (until Aug 2024)

## Questions

### Who runs investment decisions at Grok Ventures?

Mike Cannon-Brookes is the ultimate decision-maker. The investment team operates with his direct involvement on major commitments, particularly in energy transition and climate infrastructure. The office maintains a deliberately small headcount relative to its capital base, avoiding the committee-heavy governance common among institutional peers.

### What investment stages does Grok Ventures typically target?

The office invests across the full lifecycle: early-stage venture (often Australian-founded startups with global ambitions), growth equity, public equities, and control-oriented infrastructure projects. The Sun Cable and AGL Energy campaigns represent the large-scale end of that spectrum, while positions like Zeller and Vow reflect earlier-stage conviction bets.

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- [Kaufhold’s Kurds](https://altss.com/profile/kaufholds-kurds)
- [MedHQ](https://altss.com/profile/medhq)

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Last updated: 2026-07-06T00:31:03.813Z

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