Square Peg
Square Peg is a global venture capital firm founded in 2012 in Australia. The firm focuses on supporting early-stage and growth-stage technology companies in key regions, including Australia & New Zealand, Israel, and Southeast Asia. Established by Paul Bassat, Barry Brott, Justin Liberman, and Tony Holt, Square Peg combines local expertise with a global network to empower founders in the internet economy. Managing over US$3 billion in assets, Square Peg provides venture capital funding and strategic guidance to its portfolio companies. The firm targets sectors such as Artificial Intelligence
Investing activity
Square Peg appears in 3 AI deals tracked by the AI Lounge deals desk, and led 3 of them. The rounds are mostly Seed, with a median round size of $9M and the largest at $10M. The most recent are Alloy (Seed, A$11.5M, Aug 2026), Byron (Seed, $9.1M, Jun 2026) and Octen (Seed, $10M, Apr 2026).
Square Peg most often invests alongside Airtree, Correlation Ventures, Liquid 2 Ventures and Sorenson Capital (Sorenson Ventures), and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Square Peg
What AI companies has Square Peg invested in?
Square Peg's AI investments include Alloy, Byron and Octen. The 3 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Square Peg based?
Square Peg is based in Surry Hills, New South Wales, Australia.
What stage does Square Peg invest at?
In the rounds tracked on AI Lounge, Square Peg has invested at Seed, with a median round of $9M. Square Peg led 3 of those rounds.
Who does Square Peg co-invest with?
Square Peg's most frequent co-investors on AI Lounge are Airtree (1 deal), Correlation Ventures (1 deal), Liquid 2 Ventures (1 deal), Sorenson Capital (Sorenson Ventures) (1 deal) and Argor (1 deal).
How can founders reach Square Peg?
Founders on AI Lounge can see Square Peg's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Square Peg to their Investor Pipeline to track the conversation.