Valar Fund V

Valar Fund V is an early-stage venture capital fund managed by Valar Ventures, a firm founded in 2010 and based in New York City. The fund focuses on investing in technology companies, particularly in the fintech sector, with a global outlook. Valar Ventures, backed by Peter Thiel, aims to partner with entrepreneurs around the world, recognizing the potential for transformative technology startups to emerge outside of traditional hubs like Silicon Valley. The firm seeks to provide support and insight to founders, addressing their unique challenges and opportunities as they navigate the early stages of their businesses.

James Fitzgerald

Partner

Kobulnik Reuben

Operating Partner

Past deals in New Zealand

Vend

Series D in 2016
Vend Limited is a provider of web-based point of sale (POS) and retail management software, designed to streamline operations for retail businesses. Founded in 2009 and headquartered in Auckland, New Zealand, Vend offers a range of solutions including product management, inventory management, customer management, e-commerce integration, and customer loyalty programs. The platform enables retailers to maintain centralized control over multiple locations and operates seamlessly in both online and offline modes, ensuring sales can continue even during internet outages. Vend's software integrates with various web applications essential for retail management, such as accounting and appointment scheduling, and operates on a subscription model, alleviating the need for backups or upgrades. This allows retailers to focus on their business operations without the complexities of IT management.

Booktrack

Series A in 2014
Booktrack Ltd. operates a content creation and distribution platform that turns reading into a movie-like experience. The company offers Booktrack Studio, a content creation software that synchronizes movie-style soundtrack, including music, ambient audio, and sound effects—to an e-Book or other digital text content, with the audio paced to individual’s reading speed. It offers e-books with soundtracks for iPhones, iPads, PCs, Android tablets, and MAC devices. The company was founded in 2008 and is based in Auckland, New Zealand with an additional office in Toronto.

Vend

Series B in 2014
Vend Limited is a provider of web-based point of sale (POS) and retail management software, designed to streamline operations for retail businesses. Founded in 2009 and headquartered in Auckland, New Zealand, Vend offers a range of solutions including product management, inventory management, customer management, e-commerce integration, and customer loyalty programs. The platform enables retailers to maintain centralized control over multiple locations and operates seamlessly in both online and offline modes, ensuring sales can continue even during internet outages. Vend's software integrates with various web applications essential for retail management, such as accounting and appointment scheduling, and operates on a subscription model, alleviating the need for backups or upgrades. This allows retailers to focus on their business operations without the complexities of IT management.

Xero

Post in 2013
Xero is a suite of online accounting software for small businesses, accountants, and bookkeepers. It enables its users to track and manage cash flow processes, invoicing, payments, reporting, and pay runs. Users can use Xero through any one of its three monthly subscription packages: starter, standard, and premium. The software solution is available on iOS and Android platforms. Xero was founded in 2006, the company is headquartered in Wellington, Wellington, New Zealand.

Booktrack

Convertible Note in 2012
Booktrack Ltd. operates a content creation and distribution platform that turns reading into a movie-like experience. The company offers Booktrack Studio, a content creation software that synchronizes movie-style soundtrack, including music, ambient audio, and sound effects—to an e-Book or other digital text content, with the audio paced to individual’s reading speed. It offers e-books with soundtracks for iPhones, iPads, PCs, Android tablets, and MAC devices. The company was founded in 2008 and is based in Auckland, New Zealand with an additional office in Toronto.

Xero

Post in 2012
Xero is a suite of online accounting software for small businesses, accountants, and bookkeepers. It enables its users to track and manage cash flow processes, invoicing, payments, reporting, and pay runs. Users can use Xero through any one of its three monthly subscription packages: starter, standard, and premium. The software solution is available on iOS and Android platforms. Xero was founded in 2006, the company is headquartered in Wellington, Wellington, New Zealand.

Xero

Post in 2012
Xero is a suite of online accounting software for small businesses, accountants, and bookkeepers. It enables its users to track and manage cash flow processes, invoicing, payments, reporting, and pay runs. Users can use Xero through any one of its three monthly subscription packages: starter, standard, and premium. The software solution is available on iOS and Android platforms. Xero was founded in 2006, the company is headquartered in Wellington, Wellington, New Zealand.

Xero

Post in 2010
Xero is a suite of online accounting software for small businesses, accountants, and bookkeepers. It enables its users to track and manage cash flow processes, invoicing, payments, reporting, and pay runs. Users can use Xero through any one of its three monthly subscription packages: starter, standard, and premium. The software solution is available on iOS and Android platforms. Xero was founded in 2006, the company is headquartered in Wellington, Wellington, New Zealand.