Venture capital fund · 68 deals
Surry Hills, NSW
Every published round Square Peg Capital took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Square Peg Capital has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Alloy Technologies | Building the deployment layer for the physical AI revolution | 12 Aug 2026, Seed | 1 | 1 |
| UpGuard | Cybersecurity firm providing AI-powered cyber risk posture management | 26 Feb 2026, Series C | 2 | 0 |
| Sumble | Sales intelligence startup | 24 Oct 2025, Series A | 1 | 0 |
| Source | AI-powered procurement automation platform for small and medium retailers | 22 Jul 2025, Pre-seed | 1 | 1 |
| NexusMD | AI agents that reduce administrative burden on healthcare workers by generating clinical … | 23 Jun 2025, Seed | 1 | 1 |
| Thinking Machines Lab | 2025, Seed | 1 | 0 | |
| GoodWork.ai | AI startup building proprietary models and LLM interfaces to deliver real-time retail ana… | 8 Dec 2024, Seed | 1 | 1 |
| Lorikeet | AI/Big Data company | 3 Oct 2024, Seed | 3 | 1 |
| Cuttable | AI-powered, automated advertising platform for performance marketing teams | 22 Jul 2024, Seed | 4 | 2 |
| Lounge | 8 Nov 2023, Seed | 1 | 1 | |
| Chronicle | 22 Feb 2023, Seed | 1 | 1 | |
| Amber Electric | Energy retailer offering flexible, market-driven household energy plans | 28 Nov 2022, Series B | 5 | 2 |
| Amber | 24 Oct 2022, Series B | 3 | 1 | |
| Airwallex | Fintech payments and financial infrastructure company | 11 Oct 2022, Series D+ | 6 | 4 |
| Blinq | Digital business card product aiming to help people connect and share details quickly | 17 May 2022, Seed | 3 | 0 |
| LottieFiles | 16 May 2022, Series B | 1 | 1 | |
| Constantinople | Company where Chris Dwyer worked as a founding engineer | May 2022, Seed | 3 | 2 |
| Earlywork | an Ed Tech startup on a mission to fix the disconnect between education and careers | 21 Mar 2022, Pre-seed | 1 | 1 |
| Saasguru | 7 Feb 2022, Pre-seed | 2 | 2 | |
| OwnHome | 4 Feb 2022, Series A | 1 | 1 | |
| Rokt | E-commerce marketing technology platform | 2022, Series D+ | 2 | 0 |
| Zero Co | Eco-friendly products company that broke Australian crowdfunding record | Oct 2021 | 3 | 1 |
| Neara | Critical infrastructure digital twin modelling company | 5 Aug 2021, Series A | 6 | 2 |
| Vow | Cultivated meat company | Jan 2021, Seed | 3 | 1 |
| Zeller | Integrated payments and business banking solution for SMEs | Jun 2020, Seed | 3 | 1 |
| HealthMatch | Nov 2019, Series A | 3 | 2 | |
| Athena | Sydney, Australia-based online lending startup focused on home loans | 21 Oct 2019, undisclosed | 1 | 0 |
| Neuron | 4Q 2019, Series A | 1 | 1 | |
| Q-CTRL | Sep 2019, Series A | 2 | 1 | |
| Aidoc | Clinical AI platform for medical imaging triage | 2Q 2019, Series B | 1 | 1 |
Companies Square Peg Capital's own portfolio page lists that no published round yet places it in. The page is the source; the round is being looked for.
| Company | Site |
|---|---|
| AgriDigital | - |
| AI Hay | - |
| Athena Home Loans | - |
| Bugcrowd | - |
| Byron | - |
| CAIS | - |
| CalReply | - |
| Canva | - |
| Chope | - |
| Deci | - |
| Deputy | - |
| Desty | - |
| Doctor Anywhere | - |
| Excelero | - |
| Exodigo | - |
| Feedvisor | - |
| Fiverr | - |
| Hud Hud | - |
| Joyous | - |
| Kredivo | - |
| Kula | - |
| Lightbits Labs | - |
| Limitless Labs | - |
| Lysto | - |
| Manifest Global | - |
| Mindverse | - |
| Nimble | - |
| Octen | - |
| Paper.id | - |
| Partly | - |
| Pintarnya | - |
| Pluang | - |
| PropertyGuru | - |
| Prospa | - |
| Puresec | - |
| Qodo | - |
| Relay | - |
| Retrain.ai | - |
| Shipping Easy | - |
| Spiritt | - |
| StashAway | - |
| Sternum | - |
| Stripe | - |
| Supabase | - |
| Talon.One | - |
| Timo | - |
| Tomorrow.io | - |
| Traild | - |
| UHG | - |
| Vend | - |
| Vero | - |
| Vi | - |
| Voyantis | - |
| Wego | - |
| XFlow | - |
Fund closes reported for Square Peg Capital, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| Fund 6 and Opportunities Fund 3 | Feb 2026 | $650m | - | Interim | Forbes Australia, Dealroom |
| Fund 4 and Opportunities Fund 2 | 8 Jan 2023 | $860m | - | Final | Forbes Australia, Startup Daily (28 Nov 2022), Techboard, Startup Daily (2 Nov 2022), Startup Daily (26 Oct 2022) |
| fifth fund | 25 Oct 2022 | US$550m (A$857m) | - | - | Startup Daily, SmartCompany, TechCrunch Venture (26 Oct 2022), TechCrunch Venture (25 Oct 2022) |
Investors that coverage says has money in a fund Square Peg Capital runs. This is a stake in the fund, not in any company the fund has backed.
Companies Square Peg Capital has backed that another company then bought. An exit for the holding, not a deal Square Peg Capital did.
Stories naming Square Peg Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Deep-tech investor Main Sequence is seeking $400 million for a fourth fund, with $75 million already committed by the federal government, after two portfolio companies reached unicorn status this year.
Future Secure AI's pre-listing round, led by Robin Khuda, Square Peg, Yarra Capital, Firetrail and Macquarie Asset Management, is nearing completion, with notes converting at a US$1.3 billion ceiling before an ASX float.
Australian startup capital climbed 30% in early 2024 even as deal counts fell; Skalata Ventures topped investor activity with 13 participations, ahead of Blackbird and Investible.
Also TechCrunch Australia·Forbes Australia·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Australian FinTech·Forbes Australia·Forbes Australia
Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.
Roundup of seven raises across the Tasman spanning fintech, marine tech, agtech, defence and AI, plus a first close for an ACT venture fund.
Australian banking-tech firm Constantinople has closed a large Series B co-led by returning backers, per Dealroom; the piece recalls its earlier seed and Series A and highlights a client bank's full platform migration.
Also Dealroom
Square Peg and Airtree Ventures led Constantinople's newly completed $62.5 million round, per Street Talk; backers expect another raise within a year, which would value the banking software firm near $1 billion.
Blackbird and Airtree mark Canva's worth down sharply, the employee share price falls too, and commentators question whether a 2027 sharemarket float remains realistic amid sliding confidence in AI-era software.
Australian startups raised funds including Alloy Robotics, Farmbot and Atmo Biosciences. Firmus Technologies acquired Benmax while Tabcorp bought BetMakers. SafetyCulture rebranded to Mitti.
Eight Australian and New Zealand startups secured a combined $67.4 million in funding across various sectors including agtech, medtech, robotics, and fintech.
Robot data analysis startup Alloy Robotics has raised $11.5 million in a seed round led by Square Peg, with Blackbird and Airtree participating, less than a year after a $4.5 million pre-seed.
Also SmartCompany
Robotics AI startup Alloy has banked an $8m seed at an $80m valuation, led by Square Peg with Blackbird, Airtree and Skip Capital back again; funds earmarked for engineering hires and growth in the US.
Australian grid digital-twin startup Neara raised a $90 million Series D led by TCV, reaching unicorn status amid rising data centre power demand.
Australian grid-modelling startup Neara raised a $90 million Series D led by TCV, valuing the company above $1 billion, funding ML and expansion.
Melbourne AI advertising startup Cuttable raised $5.7 million at a doubled $100 million valuation, expanding to New York amid growing US demand.
Hobart-based cybersecurity firm UpGuard secured USD75m Series C funding led by Springcoast Capital, with existing investors participating, to expand its risk platform.
Square Peg's half-year investor letter reports two funds reaching final close, three exits including Talon.One's sale to Adyen, realisations past US$1bn, and a framework for judging AI disruption across its portfolio.
Square Peg reports 30% portfolio growth, US$1bn+ cumulative realisations, US$138m returned this half, closes two new funds, and outlines an AI disruption framework.
Airwallex has closed a Series H valuing it at $16 billion, with Addition in the lead and eight other backers named; the piece also recalls its December Series G.
South Australia's government investment corporation has put $5 million into Eastend Ventures' debut fund, lifting commitments beyond $25 million as the vehicle nears a final close.
Weekly roundup detailing eight trans-Tasman raises totalling A$373.3 million, headlined by Halter's Series E, spanning quantum computing, biomanufacturing, robotics, adtech and agtech, plus a recalled $2 billion founder exit.
Also Startup Daily
Adtech firm Cuttable has banked $5.7 million at a doubled $100 million valuation, adding Airtree, Glitch Capital and an angel to existing backers, and is heading to New York on growing American demand.
Weekly roundup covering UpGuard's $105 million Series C and EatClub's $27 million Series B, plus earlier funding history for both Australian companies.
Recap of a Growth Summit panel where Rampersand's Paul Naphtali explains what VCs mean by 'too early', why the phrase signals a fit or product concern, and how rejections can turn into investments.
Hobart cybersecurity company UpGuard has landed US$75 million in Series C backing led by Springcoast Capital, with the article also recalling earlier Startmate and Firemark Ventures rounds.
Also Dealroom·Forbes Australia·Startup Daily·SmartCompany·ontargetish.com·SmartCompany·Forbes Australia
Cybersecurity firm UpGuard has announced a $75 million Series C round led by Springcoast Partners, with existing backers joining, to fund product development, global expansion and acquisitions.
Weekly roundup of ten Australian and New Zealand startup raises totalling nearly $194 million, topped by Neara's $90 million round at a $1.1 billion valuation, with Splose, Operata, HAMR Energy and Adora also covered.
Neara joins the unicorn club after a TCV-led $90 million Series D at a $1.1 billion valuation, with existing backers participating; funds will fuel global expansion and engineering hires.
Square Peg Capital has reached a A$650 million first close across its two newest funds and is already investing the money, with payments company Airwallex among recipients, ahead of a final close.
Also Forbes Australia
Breakthrough Victoria highlights portfolio achievements including Amber Electric's forty-five million dollar raise, Bygen and Diag-Nose grants, and Quantum Brilliance series A funding.
Also Breakthrough Victoria·Breakthrough Victoria·RenewEconomy·Startup Daily·RenewEconomy·Dealroom
Funding roundup led by Airwallex's US$330 million Series G at a $12 billion valuation, with raises from Kasada, Hnry, All G, Bless Payments and Emanda, plus earlier rounds recalled.
Also Startup Daily
Fintech Airwallex raised a $498 million Series G led by Addition, lifting its valuation to $12 billion; Square Peg and Airtree joined, and Blackbird's $60 million May Series F backing is recalled.
Ranking of Australia’s five best-funded fintechs — Airwallex, Athena, Zeller, InDebted and Brighte — profiling each one’s total raised, most recent raise, backers, valuation and growth moves.
Roundup of a quiet funding week: Melbourne workforce-platform maker 2cloudnine banked over $7.5m, algae-ingredient maker SeaStock $740,000 from government accelerator FaBA, while San Francisco's Sumble emerged with $59m.
Also Startup Daily
Ten13's monthly newsletter reports its first institutional mandate via Queensland's QVCDF, new seed investments in OneMRI and Source, follow-ons in Arintra and Everlab, and portfolio progress including Go1, Qsic, Pearler and After.com.
Roundup of five Australian raises totalling $85 million: National Renewable Network's Series A, plus Syenta, Cuttable, SprintSuite and Bitwise Agronomy, with lead investors and expansion plans for each.
Melbourne adtech firm Cuttable has added $4.5 million to its seed round with Square Peg leading, taking total backing to $10 million and valuing the business at $44.5 million ahead of its US push.
Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily
Sydney AI customer-support startup Lorikeet has closed US$35 million in a Series A led by QED Investors, its third round in under a year, lifting total funding beyond $75 million.
Also SmartCompany·Cut Through Venture·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Square Peg led AI procurement startup Source's US$1.4 million pre-seed round, joined by TEN13 and angels including Stripe's former CTO; the platform automates purchasing for small retailers.
Also Square Peg Capital
Square Peg's half-year investor letter reviews its accelerating AI investing, portfolio companies' progress including several completed raises, listed fund returns, a new data hire, and ongoing fundraising for its 2025 vintage funds.