Valar Ventures

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 within the financial technology sector, and aims to partner with entrepreneurs across the globe. Valar Ventures, backed by Peter Thiel, recognizes the growing potential of transformative technology companies emerging outside of Silicon Valley and aims to provide these founders with support tailored to their specific challenges and opportunities. Valar Fund V, established in 2019, reflects the firm's commitment to fostering innovation and entrepreneurship on a global scale.

Amina Abrahams

Principal

Giff Carter

Investor

James Fitzgerald

Founding Partner

Andrew McCormack

Founding and General Partner

Erin Ashley Porterfield

Associate

Reuben Kobulnik

Operating Partner

Michael Roth

Principal

John Rees Selby

Principal

Sahar Shirazi

Principal

Past deals in New Zealand

Vend

Series D in 2016
Vend Limited develops cloud-based point-of-sale (POS) and retail management software tailored for various retail sectors, including electronics, fashion, health and beauty, and food and drink. Founded in 2009 and based in Auckland, New Zealand, Vend's platform allows retailers to manage and grow their businesses by providing solutions for product management, inventory control, customer management, e-commerce, and loyalty programs. The software operates in web browsers and supports both online and offline functionalities, ensuring uninterrupted service during internet outages. Additionally, Vend integrates with various business tools, such as accounting and employee scheduling applications, facilitating seamless operations across multiple retail locations. The subscription-based model eliminates the need for backups or upgrades, allowing retailers to focus on their core business without IT concerns.

Booktrack

Series A in 2014
Booktrack Ltd. operates a content creation and distribution platform that enhances reading by transforming it into a movie-like experience. Founded in 2008 and headquartered in Auckland, New Zealand, with an additional office in Toronto, the company offers Booktrack Studio, a software that allows users to synchronize movie-style soundtracks—comprising music, ambient audio, and sound effects—with e-books and other digital text. The audio is tailored to match individual reading speeds, facilitating a personalized experience. Booktrack utilizes artificial intelligence to automatically generate soundtracks for any text or voice, positioning itself as an innovative force in the publishing and audio industries. The company is supported by notable investors, including Peter Thiel.

Vend

Series B in 2014
Vend Limited develops cloud-based point-of-sale (POS) and retail management software tailored for various retail sectors, including electronics, fashion, health and beauty, and food and drink. Founded in 2009 and based in Auckland, New Zealand, Vend's platform allows retailers to manage and grow their businesses by providing solutions for product management, inventory control, customer management, e-commerce, and loyalty programs. The software operates in web browsers and supports both online and offline functionalities, ensuring uninterrupted service during internet outages. Additionally, Vend integrates with various business tools, such as accounting and employee scheduling applications, facilitating seamless operations across multiple retail locations. The subscription-based model eliminates the need for backups or upgrades, allowing retailers to focus on their core business without IT concerns.

Xero

Post in 2013
Xero Limited operates as a software as a service company, providing a cloud-based accounting platform designed for small businesses, accountants, and bookkeepers worldwide. Founded in 2006 and headquartered in Wellington, New Zealand, Xero offers a suite of tools that facilitate cash flow management, invoicing, payments, reporting, and payroll. Users can access the platform through a mobile app and benefit from various features tailored to different sectors, including retail, healthcare, construction, and e-commerce, among others. The service is available through three subscription tiers—starter, standard, and premium—compatible with both iOS and Android devices. Xero connects small businesses to their advisors, streamlining financial processes and enhancing operational efficiency.

Booktrack

Convertible Note in 2012
Booktrack Ltd. operates a content creation and distribution platform that enhances reading by transforming it into a movie-like experience. Founded in 2008 and headquartered in Auckland, New Zealand, with an additional office in Toronto, the company offers Booktrack Studio, a software that allows users to synchronize movie-style soundtracks—comprising music, ambient audio, and sound effects—with e-books and other digital text. The audio is tailored to match individual reading speeds, facilitating a personalized experience. Booktrack utilizes artificial intelligence to automatically generate soundtracks for any text or voice, positioning itself as an innovative force in the publishing and audio industries. The company is supported by notable investors, including Peter Thiel.

Xero

Post in 2012
Xero Limited operates as a software as a service company, providing a cloud-based accounting platform designed for small businesses, accountants, and bookkeepers worldwide. Founded in 2006 and headquartered in Wellington, New Zealand, Xero offers a suite of tools that facilitate cash flow management, invoicing, payments, reporting, and payroll. Users can access the platform through a mobile app and benefit from various features tailored to different sectors, including retail, healthcare, construction, and e-commerce, among others. The service is available through three subscription tiers—starter, standard, and premium—compatible with both iOS and Android devices. Xero connects small businesses to their advisors, streamlining financial processes and enhancing operational efficiency.

Xero

Post in 2012
Xero Limited operates as a software as a service company, providing a cloud-based accounting platform designed for small businesses, accountants, and bookkeepers worldwide. Founded in 2006 and headquartered in Wellington, New Zealand, Xero offers a suite of tools that facilitate cash flow management, invoicing, payments, reporting, and payroll. Users can access the platform through a mobile app and benefit from various features tailored to different sectors, including retail, healthcare, construction, and e-commerce, among others. The service is available through three subscription tiers—starter, standard, and premium—compatible with both iOS and Android devices. Xero connects small businesses to their advisors, streamlining financial processes and enhancing operational efficiency.

Xero

Post in 2010
Xero Limited operates as a software as a service company, providing a cloud-based accounting platform designed for small businesses, accountants, and bookkeepers worldwide. Founded in 2006 and headquartered in Wellington, New Zealand, Xero offers a suite of tools that facilitate cash flow management, invoicing, payments, reporting, and payroll. Users can access the platform through a mobile app and benefit from various features tailored to different sectors, including retail, healthcare, construction, and e-commerce, among others. The service is available through three subscription tiers—starter, standard, and premium—compatible with both iOS and Android devices. Xero connects small businesses to their advisors, streamlining financial processes and enhancing operational efficiency.
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