Square Peg Ventures
Status
ACTIVE
Global HQ
Sydney, Australia
Countries of investment
- Australia
- New Zealand
- Singapore
- Indonesia
- Israel
- United States
Investment stages
- Seed
- Series A
- Series B
- Growth
Industries
- Software
- B2B Software
- Fintech
- Health Tech
- AI
- B2C
About
Square Peg is an APAC-focused venture capital firm that backs outstanding founders tackling big problems to help them shape the future. They concentrate on a handful of new founders each year to back them early and repeatedly, offering mentorship, operational expertise, and long-term strategic guidance. Their mission is to partner with and support entrepreneurs across different growth stages in core technology themes like AI, Fintech, and SaaS.
Square Peg is an APAC-focused venture capital firm that backs outstanding founders tackling big problems to help them shape the future. They concentrate on a handful of new founders each year to back them early and repeatedly, offering mentorship, operational expertise, and long-term strategic guidance. Their mission is to partner with and support entrepreneurs across different growth stages in core technology themes like AI, Fintech, and SaaS.
Investment Thesis
Square Peg is an early to growth-stage venture capital firm investing predominantly from Seed through Series B across the APAC region and Israel. Their core thesis targets long-term compounding by investing heavily in foundational software, fintech, and AI architecture that completely disrupts incumbent industries. What makes Square Peg unique is its highly selective, operator-led strategy that focuses tightly on backing a minimal number of new founders annually, prioritizing extensive holding periods and massive follow-on commitments over broad diversification.
Manager's Experience
Founded in 2012 by Paul Bassat, co-founder and former CEO of SEEK, and Tony Holt, a former senior managing director at Macquarie. The firm manages about US$3B, was a seed investor in Canva, and has returned more than $1.1B to its LPs.
Team
Paul Bassat - Co-Founder & Partner
Tony Holt - Co-Founder & Partner
Barry Brott - Co-Founder
Justin Liberman - Co-Founder
Philippe Schwartz - Partner
Dan Krasnostein - Partner
James Tynan - Partner
Yonatan Sela - Partner
Amanda Hjorring - Partner & COO
Ed Barker - Principal
Ben Hensman - Portfolio Manager Global Tech Fund
Portfolio
Canva
Airwallex
Zeller
Tomorrow
Rokt
Stripe
Fiverr
PropertyGuru
Vend
PureSec
Sumble
Limitless Labs
Byron
Octen
Pintarnya
NexusMD