VC Square Peg Capital appoints its first ever female investing partner

193
funding for idea | iTMunch

Australia-based venture capitalist Square Peg Capital hires its first female investing partner, Piruze Sabuncu. The VC firm has recruited Sabuncu along with other hires to push further into Southeast Asia. She will be based in Singapore along with Tushar Roy who relocated to Singapore earlier in 2020.

Before the recruitment of Sabuncu, the VC fund had 1 female partner in 2019, Amanda Hjorring, but is in charge of operations and not investing.

Meet Sabuncu – First female Square Peg Capital Investing Partner

Ms Sabuncu was the first hire of Stripe in the South-east Asia region, and took care of the region along with Hong Kong. While she was on a sabbatical, she had been working part time as Next Billion Ventures’ partner.

In a conversation with The Australian Financial Review, Ms Piruze said if there was a theme of helping technology companies grow and scale throughout her career as well as by taking on this role at Square Peg Capital, she would be able to do this with more organizations.

What she’s the most excited about is that there is so much potential in this region. There are new entrepreneurs coming out of organizations that began 5 to 6 years ago and they’re expanding, she adds.

The other thing is the way consumers live their lives, do things and what are their expectations from the tools and applications are substantially different and at Stripe, she was on the frontier of seeing that.

At Square Peg, Ms Sabuncu would be identifying founders, trends, what works and what doesn’t and then bring their money, coaching and expertise to the founders as they focus on growing their business.

SEE ALSO: RBA approaches the big Aussie banks for blockchain digital currency project

Square Peg Capital’s Australian tech investments

Square Peg Capital aims at empowering exceptional companies and their founders in Australia, Israel and Southeast Asia with Series A and B funding. The VC has invested in various promising Australia technology companies and startups like Zeller by injecting AU$6.3 seed funding in it. 

It has also invested heavily in Vero (customer messaging platform, $4 million), Upguard (cyber security management firm, $17 million), ROKT (Transaction marketing platform, $26 million) and Q-CTRL (Quantum computing control, $15 million).

Square Peg Capital has also invested generously in other fintech, healthcare, digital and Software-as-a-Service companies.

SEE ALSO: Digital payments & international money transfer fintech Azimo enters Australia

For more updates and latest tech news, keep reading iTMunch

Previous articleIT services firm Cirrus Networks bags federal deals worth $10 million for 2021
Next articleHead of muru-D, Telstra’s startup accelerator, Julie Trell decides to leave
Riddhi Jain is a technology content writer. She is based in India and has been working as a content writer since 2018. Riddhi has been writing content in the tech domain since May 2020 and can’t get enough of it. Riddhi has pursued most of her education from her hometown, Indore. She has graduated as a Bachelor of Business Administration and discovered her love for writing blogs while pursuing an internship during college. Once she discovered her love for writing, she went on to improve this skill set (and hasn’t stopped since).
Read More