The Work Index by Flexa

Blackbird

Blackbird is a venture capital firm that invests in and supports ambitious founders building technology companies in Australia and New Zealand.

https://www.blackbird.vc/
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Description

Blackbird is a venture capital firm based in Australia and New Zealand that invests in early-stage technology companies across various sectors. They focus on backing "generational ambition" and believe in supporting their portfolio companies from the very beginning through every stage of their journey. Their investment philosophy emphasizes investing in founders, not just rounds, and they prioritize long-term growth over quick exits. Blackbird has a strong track record of investing in successful companies such as Canva, Zoox, SafetyCulture, Culture Amp, and Halter.

Beyond investments, Blackbird is committed to fostering a vibrant startup community. They offer a range of programs designed to support founders, operators, and investors. These programs include mentorship initiatives like Giants, accelerators like Startmate, and funding programs for young entrepreneurs like Protostars. Blackbird also prioritizes impact and ESG initiatives, ensuring their investment decisions and practices align with positive social and environmental outcomes. They have published an Impact & ESG Policy outlining their commitment to supporting founders who are building companies that make a tangible difference in the world.

Flexibility

Blackbird offers a flexible work environment that prioritizes employee well-being. Their employees have the freedom to work from home or choose their own working hours, accommodating personal needs like childcare. They also offer generous parental leave and quarterly "KitKat days" for company-wide relaxation. Additionally, Blackbird encourages continuous learning with a $5000 annual budget for professional development.

Hybrid
Remote
Fully flexible hours

Benefits

Blackbird offers a comprehensive set of employee benefits designed to promote work-life balance and personal growth. These include flexible work arrangements, generous parental leave policies, a quarterly "KitKat day" office shutdown, no-Slack/email after hours or weekends, and an annual $5,000 learning budget for personal and professional development. Additionally, all employees share in the company's success through carried interest and ownership in the management company.

Enhanced parental leave
WFA scheme

Mission

Blackbird is a venture capital firm based in Australia and New Zealand that invests in and supports ambitious startups. Their mission is to supercharge Australia's most ambitious founders, meaning they invest more than just capital, but fully believe in the company's mission, help surround it with great people, and do whatever it takes to increase its chance of success. They believe in backing founders and helping them succeed, focusing on the companies that will change the way we live and work to generate excellent returns for their investors. Blackbird's mission also extends to boosting the Australian startup ecosystem, helping build the next group of founders they will back.

Data-driven
Disruptor
Environmental impact driven
Healthcare
Improving quality of life/health
Science and research driven
Social impact led
Soonicorn
Sustainability
Tech for good

Culture

Blackbird promotes a culture of ambition, transparency, and community. They value founders and their success, believing in supporting them from idea stage to beyond IPO. The company emphasizes a startup mentality, with a focus on innovation, iteration, and a willingness to embrace the unknown. Their inclusive culture encourages diversity and fosters a collaborative environment where individuals feel empowered to contribute and share their ideas.

Agile and dynamic
Autonomous
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Blackbird Ventures is committed to promoting diversity, equity, and inclusion in its investment portfolio and within its own organization. They acknowledge the systemic challenges that have led to a lack of diversity in the tech sector and believe that truly inclusive companies perform better and attract top talent. Blackbird strives to invest in founders who prioritize building inclusive cultures and practices and takes a comprehensive approach by implementing DEI initiatives in its investment process, supporting its portfolio companies with resources and guidance, and engaging in internal efforts to foster a diverse and equitable workplace.

Ethnically diverse
Gender diverse
Neurodiverse

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