Square Peg
Square Peg is a venture capital firm founded in Australia in 2012, dedicated to supporting visionary founders in Australia, New Zealand, Israel, and Southeast Asia. With over US$2.9 billion in assets under management, Square Peg invests early and repeatedly in companies across these regions.
- Sector
- Venture capital (AI, fintech, SaaS)
- Business model
- Venture fund
- Founded
- 2012
- Headquarters
- Melbourne
- Markets
- Australia, New Zealand, Southeast Asia, Israel
Sources: squarepeg.vc, squarepeg.vc
The team on Day One
Paul Bassat Co-founder & Partner, Square Peg “A good but imperfect answer to the right question is so much more valuable than a perfect answer to the wrong question.” 3 episodes →
James Tynan Former Partner, Square Peg “I think that accelerators are generally terrible businesses and generally not a good idea. I think Startmate is an exception.” 2 episodes → Hear from the team
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▶ What others say about Square Peg
Moments from other conversations on the network where Square Peg comes up.
we're one of 3 companies ever in Australian history to be backed by Blackbird, Airtree, and Square Peg, which puts us in the likes of Laureate and Canva's rarefied air.”
Joe HarrisFounder & CEO, Alloy Robotics Oversubscribed · Building with Atoms and Bits: 5 Founders… · 1:19:55 ▶ So we had 5 firms say no. Airtree, Square Peg, Blackbird. And it was all kind of like, yeah, you're great founders and whatever, but like, we just don't see this.”
looking at Square Peg's returns up until now, Canva specifically actually is one-third of their returns in total.”
Gemma ClancyCo-Founder & Head of Marketing, Stella Startups The Startup Retro · Coinbase hire, Canva rival, raises: Fund… · 6:08 ▶ Blackbird, Airtree, and Square Peg as well, their success has kind of opened up the market for VC here in Australia.”
Cameron AdamsCo-founder & Chief Product Officer, Canva The History of the Australian Startup Ecosystem - Interview Series · Cameron Adams on the importance of commu… · 19:07 ▶ Portfolio on Day One
Companies Square Peg has backed whose teams have been on the network.
More investor companies on Day One
Spot something wrong? Suggest a correction Updated 25 September 2026