Square Peg Capital

Square Peg Capital is a prominent venture capital firm with a strategic focus on emerging technology companies across the internet economy. Headquartered in Melbourne, Australia, the firm has established a significant presence with additional offices in Sydney, Tel Aviv, and Singapore, underscoring its deep commitment to the innovation ecosystems in Australia, New Zealand, Southeast Asia, and Israel. Square Peg primarily invests in scalable businesses led by exceptional founders who demonstrate global ambitions.

The firm's investment strategy typically targets Series A and Series B funding rounds, though it maintains the flexibility to participate in earlier seed-stage opportunities or later growth equity rounds. Square Peg is known for its hands-on approach, providing comprehensive support to its portfolio companies, including strategic guidance, operational assistance, and access to an extensive network of industry experts and potential partners. They seek companies with strong product-market fit, robust unit economics, and substantial market opportunities, aiming to forge long-term partnerships that foster sustainable growth.

Square Peg Capital has demonstrated considerable success in fundraising, culminating in the close of its fourth fund, Fund IV, at US$550 million in 2022. This substantial capital base enables the firm to deploy significant resources into promising ventures, with typical initial checks ranging from US$5 million to US$20 million. With over US$1 billion in assets under management, Square Peg has built a strong track record, backing notable companies such as Australian tech giants Canva and Airwallex, and achieving successful exits like Fiverr, thereby playing a pivotal role in shaping the technology landscape in its target regions.