Altered Capital
Overview
Altered Capital is a New Zealand-based venture capital and private equity firm dedicated to accelerating the growth of businesses with proven product-market fit. The firm focuses on sectors such as technology, healthcare, and financial services, aiming to support companies pursuing rapid growth through expansion, innovation, and acquisitions. Altered Capital manages over NZ$280 million in funds, including Venture Fund I, Private Equity Fund I, and Venture Fund II, with a particular interest in technology, healthcare, and financial companies. The firm has backed companies like Starling Bank, Circle, and Crimson Education, reflecting its focus on identifying and scaling high-potential ventures. Altered Capital's approach combines deep local support with global expertise, helping ambitious founders unlock their potential and take New Zealand innovation to the world. The firm is committed to providing more than just capital, offering operational venture support, strategic guidance, and global introductions to drive value creation and help companies realize their full potential. With offices in New Zealand and London, Altered Capital continues to back exceptional founders and companies, contributing to the growth and success of innovative businesses across its focus sectors. Altered Capital's investment philosophy centers on backing strong leaders and teams capable of disrupting industries and creating innovative solutions. The firm seeks companies with proven product-market fit and a clear path to scaling rapidly. Its funds include a diversified portfolio of venture capital investments with a New Zealand bias, international co-investments sourced through global connections, and a diversified portfolio of private equity investments with a New Zealand bias. The firm's team comprises experienced professionals with a track record of working with leading global companies, venture capital, and private equity partners. Altered Capital's commitment to New Zealand business leadership on the global stage is evident in its support for the best businesses to achieve their growth ambitions and realize full value. The firm values long-term thinking, focusing on growth, building long-term value, and supporting partners' visions. Its flexible funding approach allows for leading funding rounds, following investments, and taking majority and minority stakes across a broad range of transaction sizes. Altered Capital's deliberate thematic focus on companies with the potential to be category leaders in their markets reflects its strategic approach to investment. Altered Capital's portfolio includes innovative technology companies such as Starling Bank, Circle, and Crimson Education, reflecting its focus on identifying and scaling high-potential ventures. The firm's approach combines deep local support with global expertise, helping ambitious founders unlock their potential and take New Zealand innovation to the world. Altered Capital's commitment to providing more than just capital is evident in its operational venture support, strategic guidance, and global introductions, which drive value creation and help companies realize their full potential. With offices in New Zealand and London, Altered Capital continues to back exceptional founders and companies, contributing to the growth and success of innovative businesses across its focus sectors. The firm's investment philosophy centers on backing strong leaders and teams capable of disrupting industries and creating innovative solutions. Altered Capital seeks companies with proven product-market fit and a clear path to scaling rapidly, aiming to support teams pursuing rapid growth through expansion, innovation, and acquisitions. The firm's funds include a diversified portfolio of venture capital investments with a New Zealand bias, international co-investments sourced through global connections, and a diversified portfolio of private equity investments with a New Zealand bias. Altered Capital's team com
Investment Focus
- Proven product-market fit
- Strong leadership and teams
- Potential for rapid growth through expansion, innovation, and acquisitions
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Altered Capital
What sectors does Altered Capital invest in?
Altered Capital invests in Financial Services, Technology and Healthcare, and is based in Arch Hill, New Zealand. Altered Capital is listed as a venture capital in the ConnectSafely investor database.
What stage does Altered Capital invest at?
Altered Capital backs companies at Series A, Series B and Growth, writing cheques of 10M - 100M.
Which regions does Altered Capital invest in?
Altered Capital invests across United States, United Kingdom, New Zealand and European Union.
Who are the partners at Altered Capital?
Team members listed for Altered Capital include Mark Ashley (Chief Financial Officer) and Marcus Traill (Founding Partner).
What companies has Altered Capital invested in?
Altered Capital's portfolio includes Circle, Starling Bank and Crimson Education.
How do I contact Altered Capital?
Altered Capital's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database

