Square Peg Capital PTY LTD
Square Peg Capital Pty Ltd is a leading venture capital firm founded in 2012 and headquartered in Richmond, Victoria, Australia. The firm employs a team of experienced investors and operators, with an employee count reportedly between 40-60. Square Peg is known for backing early-stage and growth technology companies, focusing on Australia, Southeast Asia, and Israel. It manages over $2.9 billion USD in assets across both venture capital and public equities funds, and has invested in prominent companies such as Canva, Airwallex, and Rokt. Square Peg serves institutional investors including superannuation and pension funds, university endowments, family offices, wealth advisors, and founders.
Investment Strategy
Square Peg Capital employs an early-stage venture capital strategy, investing in seed and Series A rounds for tech startups in Australia, Southeast Asia, and Israel. The firm is a generalist technology investor, but has strong emphasis on AI, B2B SaaS, fintech, and growth tech. Square Peg often takes a hands-on approach, providing ongoing support beyond initial investment, with a focus on founder alignment and long-term outcomes over short-term returns. The strategy involves repeated investments in portfolio companies, leveraging a global network to unlock growth opportunities, and maintaining flexibility to invest outside main sector themes in edtech and climate tech. Square Peg seeks 10-20% ownership stakes, but bases each partnership on deep alignment with founders.
Top Holdings
Equity Positions (9)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MNDY | MONDAY.COM LTD | 23.76% | $29.5M | 93,656 | $235.70 | $314.48 | +$3.9M |
D DDOG | DATADOG INC | 12.78% | $15.8M | 117,990 | $129.52 | $134.33 | +$4.3M |
S SNOW | SNOWFLAKE INC | 11.93% | $14.8M | 66,094 | $154.41 | $223.77 | +$4.0M |
X XYZ | BLOCK INC | 11.15% | $13.8M | 203,503 | $79.26 | $67.93 | +$1.6M |
S SPOT | SPOTIFY TECHNOLOGY SA | 10.01% | $12.4M | 16,178 | $447.38 | $767.34 | +$683.0K |