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Today: November 29, 2024

VC knowledge for everyone >>

TLDR:

VC Square Peg has returned $1.1 billion to investors through tech company investments.
Square Peg is gearing up for a sixth fund worth US$500m (A$840m).

VC Square Peg has seen significant returns on investments in tech companies like Fiverr, Vend, Property Guru, and Canva, with exits totaling $1.12 billion across 14 portfolio companies. The VC’s first fund in 2012 has returned 75% of the total funds, with an average multiple of 6.1x across the companies. Notable investments include Canva, Airwallex, and Rokt, which are preparing for public listings in the coming years. The VC has also added new partners to its leadership team, highlighting Australia’s vibrant tech and venture capital ecosystem.

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Adrian Johnson

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