# Square Peg: portfolio, investments and team

> Square Peg is a vc firm based in Australia. 30 investments on record, 10 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/square-peg-2 (Millionrounds; every figure on the page links to its filing or article)

Australia · [Investor](https://millionrounds.com/investors)

# Square Peg

Last cheque observed Oct 2026; 30 cheques on record.

Email

Deploying now VC firm

Seed Series A Series B AI Fintech SaaS

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Deploying now

**71%** of best year **10** **cheques in 12 months**, 30 on record

Since the last cheque **9** days **00** hrs **00** min **00** sec

Median round **$26M** Rounds led **9 of 30** Sole investor **2 rounds** Mostly in **Australia, 64%**

Pitch Square Peg

## Square Peg highlights

- 01 10 cheques in the last 12 months
- 02 Mostly Series A and Series B: 56% of its rounds
- 03 Sole investor in 2 rounds, median $5.2M

## What they do

> Discover Square Peg, a venture capital firm. Founded in 2012 in Australia, we now back founders early and repeatedly across APAC’s fastest-growing technology markets. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B
- **Sectors:** AI Fintech SaaS
- **Based in:** Surry Hills, Australia
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **30 appearances**

- **2026** 9 rounds
- **Oct** **[Cuttable](https://millionrounds.com/company/cuttable)** Series A · AU · Google News search **$20M** With 5 others
- **Sept** **Limitless Labs** Series A · IL · TechStartups **$20M** *Led*
- **Aug** **[Alloy Robotics](https://millionrounds.com/company/alloy-robotics)** Seed · AU · Startup Daily **$8.1M** *Led*
- **Mar** **[Qodo](https://millionrounds.com/company/qodo)** Series B · US · TechCrunch **$70M** With 9 others
- **Mar** **[Cuttable](https://millionrounds.com/company/cuttable)** Seed · AU · Startup Daily **$5.7M** With 4 others
- **Feb** **[UpGuard](https://millionrounds.com/company/upguard)** Series C · Ventureburn **$75M** With 6 others
- **Feb** **[Nimble](https://millionrounds.com/company/nimble)** Series B · US · Ventureburn **$47M** With 8 others
- **Feb** **[Xflow](https://millionrounds.com/company/xflow)** Series A · IN · Ventureburn **$17M** With 6 others
- **Feb** **[Neara](https://millionrounds.com/company/neara)** Growth · AU · Startup Daily **$63M** With 6 others
- **2025** 8 rounds
- **Dec** **[Airwallex](https://millionrounds.com/company/airwallex)** Series G · AU · TechStartups **$330M** With 11 others
- **Aug** **[Pintarnya](https://millionrounds.com/company/pintarnya)** Series A · ID · TechCrunch **$17M** *Led*
- **Aug** **[Lorikeet](https://millionrounds.com/company/lorikeet)** Series A · AU · QED Investors **$35M** With 9 others
- **Jul** **[QuickFind AI](https://millionrounds.com/company/quickfind-ai)** Pre-seed · US · Startup Daily **$1.4M** *Led*
- **Jun** **[NexusMD](https://millionrounds.com/company/nexusmd)** Seed · AU · Startup Daily **$6.3M** *Led*
- **Jun** **[Amber](https://millionrounds.com/company/amber)** Growth · AU · Startup Daily **$45M** With 6 others
- **May** **[Airwallex](https://millionrounds.com/company/airwallex)** Series F · US · Crunchbase News **$300M** *Led*
- **May** **[Blinq](https://millionrounds.com/company/blinq)** Series A · AU · TechCrunch **$25M** With 5 others
- **2024** 3 rounds
- **Dec** **[GoodWork.ai](https://millionrounds.com/company/goodwork-ai)** Seed · AU · Startup Daily **$4.0M** *Led*
- **Oct** **[Neara](https://millionrounds.com/company/neara)** Series C · AU · Startup Daily **$45M** With 4 others
- **Oct** **[Lorikeet](https://millionrounds.com/company/lorikeet)** Seed · AU · Startup Daily **$5.0M** *Led*
- **2019** 3 rounds
- **Dec** **[FinAccel](https://millionrounds.com/company/finaccel)** Series C · SG · TechCrunch **$90M** *Led*
- **Nov** **[HealthMatch](https://millionrounds.com/company/healthmatch)** AU · Afr **$6.0M** With 1 other
- **Mar** **[Airwallex](https://millionrounds.com/company/airwallex)** Series C · AU · TechCrunch **$100M** With 6 others
- **2018** 4 rounds
- **Nov** **[Deputy](https://millionrounds.com/company/deputy)** Series B · AU · FinSMEs **$81M** With 2 others
- **Oct** **[ClimaCell](https://millionrounds.com/company/climacell)** Series B · US · FinSMEs **$45M** With 5 others
- **Jul** **[Airwallex](https://millionrounds.com/company/airwallex)** Series B · AU · Bankingtech **$108M** With 1 other
- **May** **[Athena Mortgage](https://millionrounds.com/company/athena-mortgage)** Series A · AU · Businessinsider **$15M** With 3 others
- **2017** 3 rounds
- **Nov** **[ClimaCell](https://millionrounds.com/company/climacell)** Series A · US · FinSMEs **$15M** With 1 other
- **Jun** **[Rokt](https://millionrounds.com/company/rokt)** Series B · AU · FinSMEs **$26M** With 4 others
- **Feb** **[ROKT](https://millionrounds.com/company/rokt)** Series B · FinSMEs **$15M** With 4 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

We hold **15** 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.

## The cheque

Seed Series A Series B

Median round joined **$26M** the round, not its cheque Alone, median **$5.2M**

Led 9 of 30 rounds **30%**

- **Sole investor:** 2 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series A said *8*
- Series B said *7*
- Seed said *5*
- Series C *4*
- Growth *2*
- Pre-seed *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Airtree Ventures](https://millionrounds.com/fund/airtree) 6
- [Skip Capital](https://millionrounds.com/fund/skip-capital) 5
- [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2) 3
- [Blackbird](https://millionrounds.com/fund/blackbird) 2
- [DST Global](https://millionrounds.com/fund/dst-global) 2
- [EQT](https://millionrounds.com/fund/eqt) 2

**Pitching Square Peg?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Square Peg. A count of rooms they were both in, not a relationship either has claimed.

[**Airtree Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/airtree)[**Skip Capital** VC firm **5** rounds together](https://millionrounds.com/fund/skip-capital)[**Blackbird Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/blackbird-ventures-2)[**Blackbird** Private equity **2** rounds together](https://millionrounds.com/fund/blackbird)[**DST Global** Private equity **2** rounds together](https://millionrounds.com/fund/dst-global)[**EQT** Private equity **2** rounds together](https://millionrounds.com/fund/eqt)[**Glitch Capital** VC firm **2** rounds together](https://millionrounds.com/fund/glitch-capital)[**Greg Roebuck** Angel **2** rounds together](https://millionrounds.com/fund/greg-roebuck)[**Hill House Capital** Family office **2** rounds together](https://millionrounds.com/fund/hill-house-capital)[**Lachlan Murdoch** Angel **2** rounds together](https://millionrounds.com/fund/lachlan-murdoch)[**Partners Group** Private equity **2** rounds together](https://millionrounds.com/fund/partners-group)[**Prosus Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/prosus-ventures)

## Recently backed

The latest companies Square Peg put money into.

[**Cuttable** $20M · Oct 2026](https://millionrounds.com/company/cuttable)[**Qodo** $70M · Mar 2026](https://millionrounds.com/company/qodo)[**UpGuard** $75M · Feb 2026](https://millionrounds.com/company/upguard)[**Nimble** $47M · Feb 2026](https://millionrounds.com/company/nimble)[**Xflow** $17M · Feb 2026](https://millionrounds.com/company/xflow)[**Neara** $63M · Feb 2026](https://millionrounds.com/company/neara)

## On podcasts

1 episode naming Square Peg in the title, and 4 more that mention it.

- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 14 Apr 2023 · 27 min SaaStr 651: Top Mistakes Founders Make with Series A with Black Mangroves, Square Peg, Vertex, and GGV Mentions [Square Peg](https://millionrounds.com/fund/square-peg-2)[GGV Capital](https://millionrounds.com/fund/ggv-capital)[Square Peg Capital](https://millionrounds.com/fund/square-peg-capital) *+4* Apple PodcastsShow page

### Mentioned in

- [BRAVE Southeast Asia Tech](https://millionrounds.com/podcasts/brave-southeast-asia) 4 Oct 2026 · 35 min Fred Ng: The Einstein Visa, Getting Paid Before Building Anything & Letting AI Do the Paperwork - E736 Apple PodcastsShow page
- [Business Breakdowns](https://millionrounds.com/podcasts/business-breakdowns) 11 Feb 2026 · 1h 10m Cloudflare: Leading Cybersecurity - [Business Breakdowns, EP.241] Apple PodcastsShow page
- [Startup 360](https://millionrounds.com/podcasts/startup-360) 5 Sept 2025 · 34 min The $2m teenage founder, what makes a great mentor - the best of Startup 360 Apple Podcasts
- [Transparent Venture Capital](https://millionrounds.com/podcasts/transparent-vc) 1 Aug 2025 · 47 min Tribe Talkin' 91: Employment Hero v Seek. Gilmore "Failure". 18 Year Old Founder. UQ's Vaccine Victory. Sharts. Apple PodcastsShow page

## Quick answers about Square Peg

### What does Square Peg invest in?

Square Peg invests most often at Series A and Series B (56% of the rounds on record), in sectors such as AI, Fintech and SaaS.

### How active is Square Peg?

30 investments on record, 10 of them in the last 12 months, and it led 9. The most recent was in Oct 2026.

### What has Square Peg invested in recently?

Its most recent investments on record: Cuttable (Series A, Oct 2026), Limitless Labs (Series A, Sept 2026) and Alloy Robotics (Seed, Aug 2026).

### How big are Square Peg's cheques?

The median round it joins is $26M.

### Does Square Peg lead rounds?

Yes: it led 9 of its 30 investments on record (30%).

### Where does Square Peg invest?

Most of the companies it backs are in Australia (64%) and the United States (21%).

### Is Square Peg investing now?

Yes: it is actively investing, with 10 investments in the last 12 months.

### Who does Square Peg invest alongside?

Most often Airtree Ventures (6 rounds together), Skip Capital (5 rounds together) and Blackbird Ventures (3 rounds together).

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