We bring together exceptional people
to succeed

SCROLL

We bring together exceptional people
to succeed

SCROLL

SCROLL

We alter the meaning of partnership

We alter the meaning of partnership

We alter the meaning of partnership

Altered Capital exists to unlock potential and improve the probability of success. 

For founders. For companies. For investors.  

We back the best

Altered Capital exists to unlock potential. We create an environment to unite thoughtful, committed people so they can succeed.

We reason from first principles. We break opportunities into their fundamental components and build up from an axiomatic basis, discovering new approaches to existing problems.

We set high standards and have worked with the best and biggest global companies, venture capital, and private equity partners. Our founding story is built on global experience, trust, an unrelenting will to win, and unwavering pursuit of excellence.

We commit beyond capital when we identify strong alignment with a company. We leverage our expertise and networks to drive value creation through our operational venture support, strategic guidance, and global introductions, helping companies realize their full potential.

We back the best

Altered Capital exists to unlock potential. We create an environment to unite thoughtful, committed people so they can succeed.

We reason from first principles. We break opportunities into their fundamental components and build up from an axiomatic basis, discovering new approaches to existing problems.

We set high standards and have worked with the best and biggest global companies, venture capital, and private equity partners. Our founding story is built on global experience, trust, an unrelenting will to win, and unwavering pursuit of excellence.

We commit beyond capital when we identify strong alignment with a company. We leverage our expertise and networks to drive value creation through our operational venture support, strategic guidance, and global introductions, helping companies realize their full potential.

We back the best

Altered Capital exists to unlock potential. We create an environment to unite thoughtful, committed people so they can succeed.

We reason from first principles. We break opportunities into their fundamental components and build up from an axiomatic basis, discovering new approaches to existing problems.

We set high standards and have worked with the best and biggest global companies, venture capital, and private equity partners. Our founding story is built on global experience, trust, an unrelenting will to win, and unwavering pursuit of excellence.

We commit beyond capital when we identify strong alignment with a company. We leverage our expertise and networks to drive value creation through our operational venture support, strategic guidance, and global introductions, helping companies realize their full potential.

What we look for

Strong leaders and teams 
A small group of passionate, committed individuals can disrupt industries, create innovative solutions, and build transformative companies. We support driven doers and accomplished technicians with domain expertise.  We back people first and ideas second.

Innovation-led growth  
We focus on companies solving genuine problems in unique ways. Whether it's a disruptive new product or new market category, a consolidation plan with a point-of-difference, or an old-economy business ready for transition, we can back you to meet the challenge. 

The proof is in the prerequisites 
Proven product, sales, unit economics – data-driven proof is our prerequisite for funding. We take a first principles approach to investing, which means we break down an investment thesis to its fundamental parts and build up from there.

What we look for

Strong leaders and teams 
A small group of passionate, committed individuals can disrupt industries, create innovative solutions, and build transformative companies. We support driven doers and accomplished technicians with domain expertise.  We back people first and ideas second.

Innovation-led growth  
We focus on companies solving genuine problems in unique ways. Whether it's a disruptive new product or new market category, a consolidation plan with a point-of-difference, or an old-economy business ready for transition, we can back you to meet the challenge. 

The proof is in the prerequisites 
Proven product, sales, unit economics – data-driven proof is our prerequisite for funding. We take a first principles approach to investing, which means we break down an investment thesis to its fundamental parts and build up from there.

What we look for

Strong leaders and teams 
A small group of passionate, committed individuals can disrupt industries, create innovative solutions, and build transformative companies. We support driven doers and accomplished technicians with domain expertise.  We back people first and ideas second.

Innovation-led growth  
We focus on companies solving genuine problems in unique ways. Whether it's a disruptive new product or new market category, a consolidation plan with a point-of-difference, or an old-economy business ready for transition, we can back you to meet the challenge. 

The proof is in the prerequisites 
Proven product, sales, unit economics – data-driven proof is our prerequisite for funding. We take a first principles approach to investing, which means we break down an investment thesis to its fundamental parts and build up from there.

How we operate

We move fast
When we identify alignment, we act. Our small team enables decisive movement on compelling opportunities. 

We have an eye on the long-term
Our team invests a little of ourselves in every new partnership, so we don’t do things halfway. Growth, building long-term value, altering the course of businesses, and supporting our partners' visions is why we’re here. 

Flexible funding
We take majority and minority stakes across a broad range of transaction sizes. We lead funding rounds, and we follow. We're focused on alignment and empowerment, not on titles and control. 

How we operate

We move fast
When we identify alignment, we act. Our small team enables decisive movement on compelling opportunities. 

We have an eye on the long-term
Our team invests a little of ourselves in every new partnership, so we don’t do things halfway. Growth, building long-term value, altering the course of businesses, and supporting our partners' visions is why we’re here. 

Flexible funding
We take majority and minority stakes across a broad range of transaction sizes. We lead funding rounds, and we follow. We're focused on alignment and empowerment, not on titles and control. 

How we operate

We move fast
When we identify alignment, we act. Our small team enables decisive movement on compelling opportunities. 

We have an eye on the long-term
Our team invests a little of ourselves in every new partnership, so we don’t do things halfway. Growth, building long-term value, altering the course of businesses, and supporting our partners' visions is why we’re here. 

Flexible funding
We take majority and minority stakes across a broad range of transaction sizes. We lead funding rounds, and we follow. We're focused on alignment and empowerment, not on titles and control. 

Our funds

Venture Capital
A diversified portfolio of venture capital investments with a New Zealand bias. 

International Co-Investment
Unique high growth, international investments sourced through global connections.  

Private Equity
A diversified portfolio of private equity investments with a New Zealand bias.

Our funds

Venture Capital
A diversified portfolio of venture capital investments with a New Zealand bias. 

International Co-Investment
Unique high growth, international investments sourced through global connections.  

Private Equity
A diversified portfolio of private equity investments with a New Zealand bias.

Our funds

Venture Capital
A diversified portfolio of venture capital investments with a New Zealand bias. 

International Co-Investment
Unique high growth, international investments sourced through global connections.  

Private Equity
A diversified portfolio of private equity investments with a New Zealand bias.

Meet the team

Meet the team

Meet the team

Founded by the team of an international venture group, the Altered team brings world-class expertise to power exceptional businesses. 

Founded by the team of an international venture group, the Altered team brings world-class expertise to power exceptional businesses. 

We are a team of curious doers with specialist expertise to improve the probability of success for our partners. We focus our effort wherever is most impactful. 

We are a team of curious doers with specialist expertise to improve the probability of success for our partners. We focus our effort wherever is most impactful. 

Our entrepreneurial environment and high bar for entry are our unfair advantages. We attract the best, to partner with the best. 

Our entrepreneurial environment and high bar for entry are our unfair advantages. We attract the best, to partner with the best.