The Square Peg Melbourne team: Dan Krasnostein, Jenna Sheils, Paul Bassat, Leila Lee, and Ben Hensman. Photo: supplied
Square Peg Capital has closed its fourth fund, raising $600 million bringing total committed capital of $1.4b
Investors in this round include
Super funds HostPlus and AustralianSuper, Commonwealth Bank and Roc Partners.
Square Peg has had some big wins and to date has returned $570 million to investors.
The company’s investment portfolio started in 2012 with Upguard, Airwallex, Canva, Athena, HealthMatch, Deputy, ROKT and Q-CTRL, alongside international Fiverr, Stripe, and FinAccel.
Paul Bassat told Startup Daily:-
This is the time for founders of all backgrounds and experience and to reimagine the world that they want the next generation to inherit.”
There has never been a better time to be investing in the future of the technology ecosystem. The pandemic has proven that the way we work, learn and socialise needs a radical reimagining.
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