# Alpha Square Group: portfolio, investments and team > Alpha Square Group is a vc firm based in United States. 8 investments on record, 1 in the last 12 months, latest Oct 2026. Source: https://millionrounds.com/fund/alpha-square-group (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Alpha Square Group Last cheque observed Oct 2026; 8 cheques on record. Email VC firm Deploying now New fund $232M, Jun 2026 Series A Series B Growth Paytech Finserv Web3 Follow Alpha Square Group and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Falpha-square-group) Deploying now **25%** of best year **1** **cheques in 12 months**, 8 on record Since the last cheque **14** days **00** hrs **00** min **00** sec Median round **$45M** Cheque size, as they say **$3.0M – $15M** Rounds led **0 of 8** Sole investor **4 rounds** Mostly in **United States, 100%** Pitch Alpha Square Group ## Alpha Square Group highlights - 01 1 cheques in the last 12 months - 02 Mostly Series B and Growth: 50% of its rounds - 03 Sole investor in 4 rounds, median $185M ## What they do > an investment firm building endurable wealth across public and private markets From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $3.0M – $15M as they say - **Stages:** Series A Series B Growth Pre-IPO - **Sectors:** Paytech Finserv Web3 - **Based in:** New York City Metropolitan Area, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **8 appearances** - **2026** 1 round - **Oct** **[Coast](https://millionrounds.com/company/coast)** Growth · US · Google News search **$35M** With 13 others - **2025** 1 round - **Oct** **[Alvys](https://millionrounds.com/company/alvys)** Series B · US · Crunchbase News **$40M** With 7 others - **2024** 3 rounds - **Jun** **[Scale AI](https://millionrounds.com/company/scale-ai)** Series F · US · Alpha Square Group **$1.0B** Sole investor - **May** **[Cube](https://millionrounds.com/company/cube)** Alpha Square Group **$25M** Sole investor - **Feb** **[Lambda](https://millionrounds.com/company/lambda)** Series C · US · Alpha Square Group **$320M** Sole investor - **2023** 3 rounds - **Dec** **[MaintainX](https://millionrounds.com/company/maintainx)** US · Alpha Square Group **$50M** Sole investor - **Sept** **[MotherDuck](https://millionrounds.com/company/motherduck)** Series B · US · Alpha Square Group **$53M** With 6 others - **Aug** **[ControlRooms](https://millionrounds.com/company/controlrooms)** Series A · US · Origin Ventures **$10M** With 7 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **4 named** LS **Lei S. Li** Manager, Managing Member & Chief Executive Officer i Form ADV PS **Peter S. Lin** General Counsel & Chief Compliance Officer i Form ADV YS **Yao Shan** Managing Director & Chief Financial Officer i Form ADV ZX **Ziqiang Xiao** Member i Form ADV We also hold **36** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$1.6B** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Alpha Square Group S, LLC - **SEC number:** CRD 308022 Funds on its Form ADV **15** private funds, **$1.1B** in gross assets · filed Nov 2024 Venture **14** Fund of funds **1** - Alpha Square Group Equity Fund, L.P. *Venture* 2 investors $316M - Alpha Square Group Fund of Funds LLC *Fund of funds* 2 investors $195M - Alpha Square Group Fund II LLC *Venture* 49 investors $168M - Alpha Square Group Fund III, L.P. *Venture* 2 investors $153M - Alpha Square Group Crossover Fund LLC *Venture* 3 investors $148M - Alpha Square Group Fund I LLC *Venture* 2 investors $52M - Alpha VAST Investment LLC *Venture* 5 investors $14M - Alpha TALK, LLC *Venture* 3 investors $6.5M - Alpha MINR Investment LLC *Venture* 6 investors $4.7M - Alpha Flash Investment, LLC *Venture* 9 investors $4.7M And 5 more on the filing. New fund on file **$232M** raised in Jun 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Series A Series B Growth Median round joined **$45M** the round, not its cheque Alone, median **$185M** Led 0 of 8 rounds **0%** - **Said size:** $3.0M – $15M - **Sole investor:** 4 rounds - **Last cheque:** Oct 2026 Rounds by stage said on their site - Series B said *2* - Growth said *1* - Series A said *1* - Series C *1* - Series F *1* - Pre-IPO said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [FJ Labs](https://millionrounds.com/fund/fj-labs) 2 **Pitching Alpha Square Group?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Alpha Square Group. A count of rooms they were both in, not a relationship either has claimed. [**FJ Labs** VC firm **2** rounds together](https://millionrounds.com/fund/fj-labs) ## Recently backed The latest companies Alpha Square Group put money into. [**Coast** $35M · Oct 2026](https://millionrounds.com/company/coast)[**Alvys** $40M · Oct 2025](https://millionrounds.com/company/alvys)[**Scale AI** $1.0B · Jun 2024](https://millionrounds.com/company/scale-ai)[**Cube** $25M · May 2024](https://millionrounds.com/company/cube)[**Lambda** $320M · Feb 2024](https://millionrounds.com/company/lambda)[**MaintainX** $50M · Dec 2023](https://millionrounds.com/company/maintainx) ## Quick answers about Alpha Square Group ### What does Alpha Square Group invest in? Alpha Square Group invests most often at Series B and Growth (50% of the rounds on record), in sectors such as Paytech, Finserv and Web3. ### How active is Alpha Square Group? 8 investments on record, 1 of them in the last 12 months. The most recent was in Oct 2026. ### What has Alpha Square Group invested in recently? Its most recent investments on record: Coast (Growth, Oct 2026), Alvys (Series B, Oct 2025) and Scale AI (Series F, Jun 2024). ### How big are Alpha Square Group's cheques? The median round it joins is $45M. It says it writes cheques of $3.0M to $15M. ### Does Alpha Square Group lead rounds? Rarely, if at all: none of its 8 investments on record names it as the lead. ### Where does Alpha Square Group invest? Most of the companies it backs are in the United States (100%). ### Is Alpha Square Group investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Alpha Square Group invest alongside? Most often FJ Labs (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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