Altered Capital

Venture Capital

Auckland-based VC backing high-growth NZ startups with proven product-market fit, running a concentrated portfolio strategy from Series A through C.

Altered Capital was founded in 2022, is headquartered in Auckland, New Zealand, has 1 recorded investment, and includes 1 company in its recorded portfolio.

Early Stage
Growth
Digital Health
Fintech
SaaS
Headquarters
Auckland, New Zealand
Founded
2022
AUM
$350.0M
Portfolio Company
1
Total Investment
1
Last Investment
Sep 2026
Geographic Focus
New Zealand

Indexed holds 1 portfolio company and 1 funding round for this investor. The full record is or through the API.

Investment Thesis

Back high-growth NZ companies with proven product-market fit (NZ$1M+ ARR) using a concentrated portfolio approach from Series A through growth stages.

Altered Capital is a Venture Capital firm based in Auckland, New Zealand. It was founded in 2022. It has made 1 investment, including Pearler. Focus areas include Digital Health and Fintech.

Portfolio1

Co-investors2

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2 co-investors across 2 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×2 · 1 shared rounds

Investment History

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Altered Capital on Indexed.vc
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