At a Glance
Square Peg Capital was founded in 2012 by Paul Bassat and Tony Holt, emerging as one of Australia's most prominent venture capital firms. The firm distinguished itself by taking a global approach from its Melbourne base, actively investing across Australia, Israel, and Southeast Asia. Square Peg's investment philosophy centers on backing exceptional founders with bold visions who can build category-defining companies that scale internationally. The firm has built a reputation for its hands-on approach and deep operational expertise, often taking board seats and working closely with portfolio companies on strategic initiatives. Notable investments include design platform Canva, fintech unicorn Airwallex, and workplace safety platform SafetyCulture. Under the leadership of Bassat, a co-founder of SEEK, and the broader team, Square Peg has established itself as a bridge between emerging markets and global opportunities, leveraging its multi-regional presence to help companies expand internationally. The firm's success has been marked by multiple fund raises and consistent recognition as a leading investor in the Asia-Pacific region.
“Backs extraordinary founders building category-defining technology companies that can achieve global scale from Australia, Israel, and Southeast Asia.”
Square Peg Capital primarily invests at the Seed, Series A, Series B, Growth stages. This means they focus on companies that are building their initial product and finding product-market fit.
Square Peg Capital is headquartered in Melbourne, Australia. Many of their portfolio companies are also based in this region, though they invest across geographies.
Square Peg Capital focuses on investments in Fintech, Enterprise, SaaS, AI, Consumer. Their portfolio reflects deep expertise and networks within these sectors.
Square Peg Capital's typical investment check size ranges from $1M to $50M. Actual amounts may vary based on the stage, sector, and specific opportunity.
Square Peg Capital manages approximately $1.2B in assets under management (AUM) across their funds.