Square Peg Ventures
Square Peg Ventures manages $3.25B in assets, backing early-stage AI, Fintech, and SaaS founders across Australia, Southeast Asia, and Israel through venture capital funds, the Global Tech Fund, and Opportunities Funds.
- Company typePrivate
- Founded2012
- HeadquartersHalfmoon, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Square Peg Ventures does
Square Peg Ventures is a private investment group based in Halfmoon, United States, operating in close coordination with Square Peg Capital Pty Ltd — an Authorised Representative of Victoria Capital Pty Ltd (AFSL 428989). Together the platform manages approximately $3.25 billion in assets under management (December 2024) deploying capital into early-stage technology companies across Australia, New Zealand, Southeast Asia, and Israel through a vintage fund structure (most recently 2018 and 2025 vintages) plus dedicated Opportunities Funds and a Global Tech Fund for listed tech equities. The firm focuses its investment thesis on three themes — AI, Fintech, and SaaS — targeting seed, Series A, and Series B rounds with portfolio funds of 20-25 companies each and approximately 50% of fund capital reserved for follow-on investments.
The platform runs four core products. Venture Capital Funds (early-stage tech investing), the Global Tech Fund (a listed-equities vehicle providing liquid access to founder-led public tech companies, with 0% management fees, 15% carried interest, US$250,000 wholesale minimum, and quarterly redemptions targeting 15% net CAGR), Opportunities Funds (concentrated follow-on capital into the strongest portfolio performers), and Square Peg Plus (a portfolio support platform for founders, including a biennial Founder Summit that brought 87 founders together). Staff operate from offices in Sydney, Melbourne, Singapore, and Tel Aviv, with four recent hires across Australia and Singapore and an open seat in Israel.
The economic model is that of a traditional closed-end venture manager. Revenue comprises management fees on committed capital plus 15% carried interest on returns above the hurdle (with 1% prepaid annually). Limited partners include superannuation and pension funds, university endowments, family offices, wealth advisors, and the firm's own team members. In 2024 the firm invested $146 million and returned $220 million to LPs across five exits (Deci.AI, PropertyGuru, Canva, Talon.One, Bugcrowd), bringing cumulative portfolio realizations past $800 million at a 6x gross multiple. Enduring portfolio names include Canva, Rokt, Airwallex, and Kredivo.
Square Peg Ventures firmographics
Firmographics- Name
- Square Peg Ventures
- Legal name
- Square Peg Capital Pty Ltd
- Website
- https://squarepeg.vc
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Square Peg Ventures manages $3.25B in assets, backing early-stage AI, Fintech, and SaaS founders across Australia, Southeast Asia, and Israel through venture capital funds, the Global Tech Fund, and Opportunities Funds.
- Ownership category
- akta.pro rank
Square Peg Ventures industry classification
Industry- Product category
- Venture Capital Management
- NAICS
- Other Investment Pools and Funds (5259), Other Financial Vehicles (52599)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
Keywords
Where Square Peg Ventures is headquartered
LocationHeadquarters
- HQ city
- Halfmoon
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Square Peg Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Management Fees: Standard VC management fees charged on committed capital
- Performance Fees (Carried Interest): 15% performance fee on returns with 1% prepaid annually. The Global Tech Fund charges 0% management fee with 15% performance fee and 1% prepaid per annum.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Global Tech Fund - Wholesale Investment |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Square Peg Ventures product offering
Product offeringCore offering
Square Peg Ventures is a venture capital firm that manages pooled investment funds deployed into early-stage technology companies across Australia, New Zealand, Southeast Asia, and Israel, with thematic focus on AI, Fintech, and SaaS. The firm raises new venture funds every 2-3 years, backs founders from seed through Series B with typically 7-12 new investments per year, reserves ~50% of fund capital for follow-on rounds, and operates an Opportunities Fund to back best performers post-venture. It also runs the Global Tech Fund, a liquid listed-equities vehicle providing exposure to founder-led public tech companies.
Product overview
Square Peg Ventures is a venture capital firm offering multiple fund products across the investment lifecycle. The core offerings include Venture Capital Funds (early-stage investing in 20-25 companies per fund across AI, Fintech, and SaaS), the Global Tech Fund (a listed equities vehicle providing liquid access to public tech companies with a concentrated 10-20 holding strategy), and Opportunities Funds (continuing to back top performers post-venture stage). Additionally, Square Peg Plus provides portfolio support services. The firm operates across Australia, Southeast Asia, and Israel, typically reserving approximately 50% of fund capital for follow-on investments.
Differentiator
Problem solved
Functional benefit
Brands
- Global Tech Fund: A fund that invests globally in founder-led listed tech companies on their path to becoming generational businesses, providing liquid access to listed tech companies alongside venture investments.
Products and services
- Venture Capital Funds
- Global Tech Fund
Companies that use Square Peg Ventures
Customer profileSegments2 records
Ideal customer profiles2 records
Square Peg Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Square Peg Ventures partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights6 records
Square Peg Ventures competitors and assessment
Company assessmentDirect peers
- Folklore Ventures: Australia and New Zealand-focused early-stage venture capital firm. Direct regional peer competing for early-stage ANZ founders.
- Blackbird Ventures: One of Australia's leading early-stage venture capital funds investing in ANZ founders. Competes head-to-head for AI and SaaS seed and Series A deals in Australia.
- January Capital: Southeast Asia-focused early-stage venture capital firm. Direct regional peer for Square Peg's SE Asia investments including companies in fintech and SaaS.
- AirTree Ventures: Australian early-stage venture capital firm backing Australian and New Zealand founders across software and consumer. Direct competitor in the same geography and stage with overlapping portfolio companies like Constantinople.
- Canaan Partners: US-based early-stage venture capital firm investing across AI, fintech, and enterprise. Co-led Sumble's $38.5M with Square Peg and Coatue, indicating shared deal participation in early-stage rounds.
Broad incumbents
- Coatue: Global technology-focused investment firm spanning public and private markets. Co-led Sumble alongside Square Peg; comparable in writing larger cheques and provides a follow-on partner for Square Peg's winners.
- Index Ventures: Global venture capital firm investing from seed to growth stages across US, Europe, and Israel. Comparable as a multi-region early-stage investor and a likely co-investor/counter-bidder for Square Peg's Israeli deals.
- Sequoia Capital: Global mega-VC operating across stages and geographies including APAC/India. Represents the broad incumbent that Square Peg co-investors with at scale and competes with at later stages.
- Accel: Global early-stage venture capital firm with strong presence across US, Europe, and Israel. Competes with Square Peg on Israeli AI investments and similar seed/Series A deals globally.
Others
- Airwallex (capital partner comparison): Square Peg portfolio company, but comparable as a similar early-stage fintech investment thesis. Included for ecosystem context rather than direct competition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Square Peg Ventures social profiles
Digital presenceSquare Peg Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Square Peg Ventures leadership team
Management profileNumber of profiles
Profiles10 records
Square Peg Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Square Peg Ventures M&A and investment
M&A and investmentM&A
Investments9 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Square Peg Ventures
What does Square Peg Ventures do?
Square Peg Ventures is a venture capital firm that manages pooled investment funds deployed into early-stage technology companies across Australia, New Zealand, Southeast Asia, and Israel, with thematic focus on AI, Fintech, and SaaS. The firm raises new venture funds every 2-3 years, backs founders from seed through Series B with typically 7-12 new investments per year, reserves ~50% of fund capital for follow-on rounds, and operates an Opportunities Fund to back best performers post-venture. It also runs the Global Tech Fund, a liquid listed-equities vehicle providing exposure to founder-led public tech companies.
Is Square Peg Ventures a public or private company?
Square Peg Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Square Peg Ventures founded?
Square Peg Ventures was founded in 2012. It employs 11 to 50 people.
Where is Square Peg Ventures based?
Square Peg Ventures is headquartered in Halfmoon, United States, in the North America region.
How does Square Peg Ventures make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are performance Fees (Carried Interest).
Who are Square Peg Ventures's main competitors?
Direct peers on record are Folklore Ventures, Blackbird Ventures, January Capital, AirTree Ventures and Canaan Partners. Broad incumbents are Coatue, Index Ventures, Sequoia Capital and Accel. Airwallex (capital partner comparison) is listed as an others.
Does Square Peg Ventures have an API?
No public API is recorded for Square Peg Ventures.
What industry is Square Peg Ventures in?
Square Peg Ventures's product category is Venture Capital Management. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 5259 and its SIC code is 6282.