Square Peg Capital

Square Peg Capital Pty. Ltd. is a venture capital firm established in 2012 and headquartered in Sydney, Australia, with additional offices in Singapore and Tel Aviv. The firm specializes in early to late-stage investments, focusing on online and technology sectors. Its investment interests encompass a diverse array of industries, including agriculture, cybersecurity, fintech, health, marketing, and SaaS, among others. Square Peg Capital primarily targets emerging technology companies and seeks to support entrepreneurs who are addressing significant challenges through innovative solutions. The firm invests between A$20 million and A$40 million in companies located in Australia, New Zealand, Southeast Asia, and Israel, leveraging its extensive experience in building and advising technology businesses to foster the growth of its portfolio companies.

Bassat B.Comm, LL.B. (Melb), Paul Moss

Co-Founder

Barry Brott

Co-Founder

Holt, Tony

Partner

Jackson, Eliza

Investment Analyst

Justin Liberman

Co-Founder and Joint Chairman

Frederick Ng

Investor

Piruze Sabuncu

Partner

Philippe Schwartz

Partner

Yonatan Sela

VC

Tan, Lucy

Principal

Tynan, James

Principal

Past deals in Australia

Constantinople

Seed Round in 2023
Constantinople is a software-as-a-service operational platform for banks that includes customer experience, banking products and features, operations, servicing, and compliance. The company provides a comprehensive range of banking products under your brand, along with all the operational services necessary for running your bank. Constantinople's cutting-edge platform eliminates the need for costly infrastructure management and replaces manual operational and compliance procedures with scalable automation.

Neara

Series B in 2022
Neara offers predictive modeling software that enables utilities to govern their networks proactively. The platform allows users to simulate severe weather scenarios and assess network vulnerabilities, ensuring informed decision-making.

Blinq

Seed Round in 2022
Blinq is a mobile application designed to enhance the way individuals share and access contact information and updates about the people in their lives. The app simplifies the process of exchanging contact details through QR code scanning, allowing users to connect effortlessly. In addition to sharing contact information, Blinq provides insights and updates about colleagues, business prospects, friends, and family, enriching the messaging experience. By consolidating this information in a user-friendly format, Blinq helps strengthen personal and professional relationships without the need to navigate multiple platforms.

Neara

Series A in 2022
Neara offers predictive modeling software that enables utilities to govern their networks proactively. The platform allows users to simulate severe weather scenarios and assess network vulnerabilities, ensuring informed decision-making.

Zeller

Series B in 2022
Zeller enables business owners to accept payments, manage their finances, and pay recipients fast. Finding integrated financial solutions to help the business thrive often requires weaving together multiple products from different providers. While a small group of large enterprises enjoy the privilege of financial solutions tailored for their specific needs, the vast majority of Australian businesses are underserved due to a lack of innovation, disparate providers, opaque pricing, and restrictive contracts. Zeller combines the tools for the business needs to accelerate cash flow. From accepting payments, to managing finances, to paying recipients fast; by bringing every tool together into one connected ecosystem, they help reduce the time spent on finding providers, completing long applications, onboarding, and getting set up. They do this through a simple, fast online sign-up process, and no contract necessary.

OwnHome

Series A in 2022
Turning renters into homeowners. Forging a new path for homeownership

SaasGuru

Seed Round in 2022
Finding the right company to work at is hard. You need to know what kind of culture they have, how much they pay, and if they’ll be a good fit for your personality. That’s why we created SaasGurus – to help people find their perfect workplace before starting their next career. We provide information on over 10,000 companies in the SaaS industry so that you can make an informed decision about where to start your next chapter.

Q-CTRL

Series B in 2021
Quantum technology is likely to be as transformational in the 21st century as harnessing electricity was in the 19th. It promises to deliver revolutionary capabilities in computing, communications, and defence. Q-CTRL is building a new quantum technology industry by overcoming the fundamental challenge in the field – hardware error and instability. And as Australia’s first venture-capital-backed quantum technology company, Q-CTRL is delivering jobs and prosperity by leading a global field. Q-CTRL’s quantum control infrastructure software for R&D professionals and quantum computing end users provides a unique capability accelerating the pathway to the first useful quantum computers. This foundational technology underpins Q-CTRL’s development of novel “Software-defined” quantum sensors for defence, intelligence, navigation, and earth observation. Q-CTRL has assembled the world’s foremost team of expert quantum-control engineers, providing solutions to global quantum technology leaders including Universities, National Labs, and quantum technology industry partners. Q-CTRL is an inaugural member of the IBM Quantum Startup network since 2018, and recently announced a partnership with Transport for NSW - delivering its enterprise infrastructure software to transport data scientists exploring quantum computing. Q-CTRL is a World Economic Forum Global Innovator, and is a member of the Quantum Economic Development Consortium, US Geospatial Intelligence Foundation, and the Tech Council of Australia. Q-CTRL is the recipient of Modern Manufacturing Initiative, Moon-to-Mars Supply Chain, and Next Generation Technology Fund awards. Q-CTRL was selected among the Top 10 Most Innovative Tech Companies in Australia by the Australian Financial Review, and has been featured in The Economist, Forbes, Wired, Gizmodo, and more.

Zero Co

Venture Round in 2021
Zero Co is on a mission to eliminate single-use plastic packaging from every Aussie kitchen, laundry and bathroom. Our range of planet-friendly personal-care and home-cleaning products get delivered direct to your door, minus all the single-use plastic packaging. It works just like the milkman: you order, we deliver, you return, we refill. Our refill and return model makes it easy to replace single-use with forever-use. Our dispensers are made from plastic waste pulled out of the ocean (and you keep them at your house forever). You fill them up with our refill pouches made from recycled plastic (that you send back to us over and over again). Order your box of Zero Co today and win the war on waste at your place. For good.

Zeller

Series A in 2021
Zeller enables business owners to accept payments, manage their finances, and pay recipients fast. Finding integrated financial solutions to help the business thrive often requires weaving together multiple products from different providers. While a small group of large enterprises enjoy the privilege of financial solutions tailored for their specific needs, the vast majority of Australian businesses are underserved due to a lack of innovation, disparate providers, opaque pricing, and restrictive contracts. Zeller combines the tools for the business needs to accelerate cash flow. From accepting payments, to managing finances, to paying recipients fast; by bringing every tool together into one connected ecosystem, they help reduce the time spent on finding providers, completing long applications, onboarding, and getting set up. They do this through a simple, fast online sign-up process, and no contract necessary.

Athena

Series D in 2021
Athena Home Loans aims to revolutionize the home loan process, providing a high level of service and savings to help customers reach financial freedom faster. Athena offers competitive interest rates and aims to keep these rates low for both new and existing customers, unlike traditional banks that may only offer low rates to new borrowers. The entire loan application and management process is digital. Borrowers can apply online, get approvals quickly, and manage their loans through Athena's digital platform without the need for in-person meetings.

Zeller

Series A in 2021
Zeller enables business owners to accept payments, manage their finances, and pay recipients fast. Finding integrated financial solutions to help the business thrive often requires weaving together multiple products from different providers. While a small group of large enterprises enjoy the privilege of financial solutions tailored for their specific needs, the vast majority of Australian businesses are underserved due to a lack of innovation, disparate providers, opaque pricing, and restrictive contracts. Zeller combines the tools for the business needs to accelerate cash flow. From accepting payments, to managing finances, to paying recipients fast; by bringing every tool together into one connected ecosystem, they help reduce the time spent on finding providers, completing long applications, onboarding, and getting set up. They do this through a simple, fast online sign-up process, and no contract necessary.

Vow

Seed Round in 2021
Vow is defining a new category of food using cultured meat technology. Rather than breeding and slaughtering animals, Vow is a producer of meat aimed to make their product from meat cells. The company's animal biopsies are used in a cultivator with the assistance of a nutrient-dense medium. This method allows the company to save natural resources. Vow was established in April 2013 by George Peppou in Sydney, New South Wales.

HealthMatch

Series B in 2020
HealthMatch is a medical technology company that applies machine learning and artificial intelligence to clinical data to save lives. We aim to dramatically accelerate patient recruitment to clinical trials, and progress life-saving cures onto the market faster than existing practices allow. For clinicians and patients, there is a real struggle to identify and find appropriate trials, particularly where the criteria relating to each trial is inconsistently articulated. HealthMatch encodes qualifying questions relating to each patients condition. The platform matches responses to its trial dataset, and confirms only the correct-match trials for that patient — thereby streamlining the identification of suitable trials and facilitating a patient’s application to those trials. With Ai and software at the core, HealthMatch delivers a radically simple product to match patients with drug trials, backed by an execution approach to data that is deceptively complex to achieve and replicate. In doing so, HealthMatch is dramatically changing an industry that has essentially not moved beyond telephones and excel spreadsheets.

Zeller

Seed Round in 2020
Zeller enables business owners to accept payments, manage their finances, and pay recipients fast. Finding integrated financial solutions to help the business thrive often requires weaving together multiple products from different providers. While a small group of large enterprises enjoy the privilege of financial solutions tailored for their specific needs, the vast majority of Australian businesses are underserved due to a lack of innovation, disparate providers, opaque pricing, and restrictive contracts. Zeller combines the tools for the business needs to accelerate cash flow. From accepting payments, to managing finances, to paying recipients fast; by bringing every tool together into one connected ecosystem, they help reduce the time spent on finding providers, completing long applications, onboarding, and getting set up. They do this through a simple, fast online sign-up process, and no contract necessary.

AgriDigital

Seed Round in 2019
AgriDigital offers an integrated commodity management solution tailored for the global grains industry. The company provides a cloud-based platform that simplifies the supply chain from farmer to consumer, effectively managing contracts, deliveries, inventory, orders, invoices, and payments in real-time. By leveraging blockchain technology, AgriDigital enhances transaction security and efficiency, enabling real-time payments to growers and increasing flexibility for brokers and buyers. The platform addresses complex issues related to commodity management, logistics, and risk, while ensuring transparency throughout the supply chain. This innovative approach supports agricultural professionals in their efforts to streamline operations and improve overall efficiency in the industry.

HealthMatch

Series A in 2019
HealthMatch is a medical technology company that applies machine learning and artificial intelligence to clinical data to save lives. We aim to dramatically accelerate patient recruitment to clinical trials, and progress life-saving cures onto the market faster than existing practices allow. For clinicians and patients, there is a real struggle to identify and find appropriate trials, particularly where the criteria relating to each trial is inconsistently articulated. HealthMatch encodes qualifying questions relating to each patients condition. The platform matches responses to its trial dataset, and confirms only the correct-match trials for that patient — thereby streamlining the identification of suitable trials and facilitating a patient’s application to those trials. With Ai and software at the core, HealthMatch delivers a radically simple product to match patients with drug trials, backed by an execution approach to data that is deceptively complex to achieve and replicate. In doing so, HealthMatch is dramatically changing an industry that has essentially not moved beyond telephones and excel spreadsheets.

Athena

Series C in 2019
Athena Home Loans aims to revolutionize the home loan process, providing a high level of service and savings to help customers reach financial freedom faster. Athena offers competitive interest rates and aims to keep these rates low for both new and existing customers, unlike traditional banks that may only offer low rates to new borrowers. The entire loan application and management process is digital. Borrowers can apply online, get approvals quickly, and manage their loans through Athena's digital platform without the need for in-person meetings.

Q-CTRL

Series A in 2019
Quantum technology is likely to be as transformational in the 21st century as harnessing electricity was in the 19th. It promises to deliver revolutionary capabilities in computing, communications, and defence. Q-CTRL is building a new quantum technology industry by overcoming the fundamental challenge in the field – hardware error and instability. And as Australia’s first venture-capital-backed quantum technology company, Q-CTRL is delivering jobs and prosperity by leading a global field. Q-CTRL’s quantum control infrastructure software for R&D professionals and quantum computing end users provides a unique capability accelerating the pathway to the first useful quantum computers. This foundational technology underpins Q-CTRL’s development of novel “Software-defined” quantum sensors for defence, intelligence, navigation, and earth observation. Q-CTRL has assembled the world’s foremost team of expert quantum-control engineers, providing solutions to global quantum technology leaders including Universities, National Labs, and quantum technology industry partners. Q-CTRL is an inaugural member of the IBM Quantum Startup network since 2018, and recently announced a partnership with Transport for NSW - delivering its enterprise infrastructure software to transport data scientists exploring quantum computing. Q-CTRL is a World Economic Forum Global Innovator, and is a member of the Quantum Economic Development Consortium, US Geospatial Intelligence Foundation, and the Tech Council of Australia. Q-CTRL is the recipient of Modern Manufacturing Initiative, Moon-to-Mars Supply Chain, and Next Generation Technology Fund awards. Q-CTRL was selected among the Top 10 Most Innovative Tech Companies in Australia by the Australian Financial Review, and has been featured in The Economist, Forbes, Wired, Gizmodo, and more.

Amber Electric

Seed Round in 2019
Amber Electric Pty Ltd, founded in 2017 and based in Melbourne, Australia, provides electricity at wholesale prices through an innovative online platform. By utilizing real-time wholesale pricing, Amber enables customers to access renewable energy when it is most affordable, promoting savings and increasing the integration of renewable resources into the energy grid. The company aims to empower customers to actively participate in the electricity market, transforming their role from passive consumers to engaged stakeholders. Amber Electric is committed to facilitating a more sustainable energy future by enhancing the economics and dynamics of the energy system.

Deputy

Series B in 2018
Deputy is the global workforce management platform for hourly work. Its intuitive software strengthens employer-employee connections, streamlines compliance obligations, and revolutionizes how hourly workers and businesses operate together, creating workplaces that thrive. Over 365,000 workplaces use Deputy to create better work-life experiences for 1.4 million scheduled workers globally.

Athena

Series B in 2018
Athena Home Loans aims to revolutionize the home loan process, providing a high level of service and savings to help customers reach financial freedom faster. Athena offers competitive interest rates and aims to keep these rates low for both new and existing customers, unlike traditional banks that may only offer low rates to new borrowers. The entire loan application and management process is digital. Borrowers can apply online, get approvals quickly, and manage their loans through Athena's digital platform without the need for in-person meetings.

Athena

Series A in 2018
Athena Home Loans aims to revolutionize the home loan process, providing a high level of service and savings to help customers reach financial freedom faster. Athena offers competitive interest rates and aims to keep these rates low for both new and existing customers, unlike traditional banks that may only offer low rates to new borrowers. The entire loan application and management process is digital. Borrowers can apply online, get approvals quickly, and manage their loans through Athena's digital platform without the need for in-person meetings.

AgriDigital

Series A in 2018
AgriDigital offers an integrated commodity management solution tailored for the global grains industry. The company provides a cloud-based platform that simplifies the supply chain from farmer to consumer, effectively managing contracts, deliveries, inventory, orders, invoices, and payments in real-time. By leveraging blockchain technology, AgriDigital enhances transaction security and efficiency, enabling real-time payments to growers and increasing flexibility for brokers and buyers. The platform addresses complex issues related to commodity management, logistics, and risk, while ensuring transparency throughout the supply chain. This innovative approach supports agricultural professionals in their efforts to streamline operations and improve overall efficiency in the industry.

Vero

Series A in 2017
Message your customers using your data. Create a messaging experience that is a true extension of your product.

Unified Healthcare Group

Venture Round in 2017
Unified Healthcare Group create innovative solutions using their medEbridge® platform and their marketplace of healthcare providers to enable you to achieve your business objectives.

Prospa

Series B in 2017
Prospa provides unsecured business loans to small businesses in Australia and is Australian owned and operated. Using a smart proprietary technology platform and a simple online application process, Prospa gives small business owners a fast and easy way to access finance, and has already helped thousands of Australian small businesses. In 2015 Prospa won the Deloitte Tech Fast 50 with 6071% growth over three years, making it the fastest growing technology company in Australia, and the third fastest in Asia. Prospa was a 2015 Telstra Business Awards finalist and rated 33rd globally as a leading innovator in KPMG's Fintech 100.

School Places

Series A in 2015
School Places is a unique online marketplace that matches private school vacancies with parents evaluating their child’s schooling options a year or two in advance. By partnering with private schools, the site helps maximise the school’s revenue through the dynamic pricing of each and every vacancy, incentivising parents to take up places that would otherwise remain empty. School Places helps parents enrol their children into Australia’s leading private schools at a discounted rate. Schools list their vacant places with full flexibility over the discount they set and the number of years the discount will apply. Parents can easily search for and claim a place at a private school that best suits their child’s needs. School Places is truly a win/win/win for all parties involved: Schools maximise their revenue, incumbent parents share the benefits of a better funded school – better facilities, less pressure on future fee increases, and incoming parents can enrol their children in their desired school at a reduced rate.

Stripe

Series C in 2015
Stripe, Inc. is a global technology company that provides application programming interfaces (APIs) and tools designed to facilitate online payment processing for businesses. Its comprehensive platform includes solutions for payments, subscriptions, fraud detection, and data analytics, among others. Stripe's offerings, such as Stripe Connect for routing payments, Stripe Radar for fraud prevention, and Stripe Checkout for seamless transaction processes, cater to a diverse clientele ranging from startups to established enterprises. The company also addresses financing challenges faced by online businesses through Stripe Capital, which offers fast and flexible funding options. With operations in multiple countries, including the United States, the United Kingdom, and Singapore, Stripe aims to simplify financial infrastructure and support the growth of internet-based businesses, thereby contributing to the overall economic landscape of the digital economy. Founded in 2010 and headquartered in San Francisco, California, Stripe has established partnerships with leading technology firms to enhance its service capabilities.

Canva

Seed Round in 2014
Canva is a graphic design software solutions provider that helps users design presentations, social media graphics, and more with various layouts, images, photo filters, icons and shapes, and fonts. The platform combines a drag-and-drop design tool with a stock library of photographs, illustrations, and imagery. It helps users believe they don't need to understand complex software to unlock their creativity.

School Places

Seed Round in 2014
School Places is a unique online marketplace that matches private school vacancies with parents evaluating their child’s schooling options a year or two in advance. By partnering with private schools, the site helps maximise the school’s revenue through the dynamic pricing of each and every vacancy, incentivising parents to take up places that would otherwise remain empty. School Places helps parents enrol their children into Australia’s leading private schools at a discounted rate. Schools list their vacant places with full flexibility over the discount they set and the number of years the discount will apply. Parents can easily search for and claim a place at a private school that best suits their child’s needs. School Places is truly a win/win/win for all parties involved: Schools maximise their revenue, incumbent parents share the benefits of a better funded school – better facilities, less pressure on future fee increases, and incoming parents can enrol their children in their desired school at a reduced rate.

GoCatch

Seed Round in 2013
Created in 2011 by two tech savvy entrepreneurs, goCatch has grown to become a multi-award winning free smartphone application that connects passengers directly with taxi drivers allowing customers to book a cab with certainty every time. Co-founded by Andrew Campbell and Ned Moorfield, the goCatch app has been supported by the NSW Department of Trade and Investment. goCatch has also formed partnerships and alliances with several prominent blue chip companies including Google, Microsoft, Nokia, PayPal and RIM. Australians have embraced goCatch with tens of thousands of drivers and passengers nationwide downloading the convenient booking service. goCatch is now one of the fastest growing apps in the country and is the clear market leader in the taxi sector.

Bugcrowd

Seed Round in 2013
Bugcrowd is a crowdsourced security company that safeguards organizations' assets from sophisticated threat actors before they can strike by uniting our customers with trusted hackers via our AI-powered platform to take back control and stay ahead of attackers. Offering an AI-powered, multi-solution crowdsourced security platform—built on the industry’s richest repository of vulnerabilities, assets, and hacker profiles curated over a decade—guarantees we find the perfect hacker talent while providing the scalability and adaptability needed for your unique fight. At Bugcrowd, we want to empower organizations to be fearless defenders of their safety. Based in San Francisco, Bugcrowd is backed by Rally Ventures, Blackbird Ventures, Costanoa Ventures, and Triangle Peak Partners.

School Places

Seed Round in 2013
School Places is a unique online marketplace that matches private school vacancies with parents evaluating their child’s schooling options a year or two in advance. By partnering with private schools, the site helps maximise the school’s revenue through the dynamic pricing of each and every vacancy, incentivising parents to take up places that would otherwise remain empty. School Places helps parents enrol their children into Australia’s leading private schools at a discounted rate. Schools list their vacant places with full flexibility over the discount they set and the number of years the discount will apply. Parents can easily search for and claim a place at a private school that best suits their child’s needs. School Places is truly a win/win/win for all parties involved: Schools maximise their revenue, incumbent parents share the benefits of a better funded school – better facilities, less pressure on future fee increases, and incoming parents can enrol their children in their desired school at a reduced rate.

Booodl

Seed Round in 2013
Booodl is a mobile and web platform that helps people to find the right store. It provides retail businesses with a rich digital presence and coverage across the digital moments throughout these consumer journeys, maximizing the number of people that find and visit their physical retail stores. It aims to transform the way people discovered physical retail stores on digital devices and provide physical retail locations with a powerful way to influence people to visit them. Booodl was founded in 2012 and is headquartered in Sydney, Australia.

Canva

Seed Round in 2013
Canva is a graphic design software solutions provider that helps users design presentations, social media graphics, and more with various layouts, images, photo filters, icons and shapes, and fonts. The platform combines a drag-and-drop design tool with a stock library of photographs, illustrations, and imagery. It helps users believe they don't need to understand complex software to unlock their creativity.

Datafree

Series A in 2012
Smashing the mobile data cost barrier with #datafree services enabled by reverse billing (toll free data).
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