# Altered Capital

> Altered Capital is a VC fund backing Software and Mobile Apps. See 8 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 8
- Last investment: May 2026
- Lead investor: 63%
- Last updated: Aug 2026
- Website: https://www.alteredcapital.coM

Altered Capital is a VC fund focused on Software and Mobile Apps. Altered is a venture capital firm investing in companies with a proven product or market. With a focus on technology, healthcare, and finance, we help teams achieve rapid growth through expansion, innovation, and acquisitions.

## Contacts

5 contacts available for Altered Capital. Shizune tracks 1 team members at Altered Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/altered-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $3M–$4.1M |
| Series A | $4.4M–$14M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 38% |
| Mobile Apps | 2 | 25% |
| Financial Services | 2 | 25% |
| Content | 1 | 13% |
| FinTech | 1 | 13% |

12 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 4 | 50% |
| Seed | 3 | 38% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Craig Mawdsley | Founding Partner | 2 | https://shizune.co/investors/profile/craig-mawdsley |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| OneReg | OneReg designs and develops software solutions to manage vital documents and regulatory compliance. | $4.4M | Series A | May 20, 2026 |  |
| Ideally | ideally be self-service, with built-in generative AI to find patterns and disclose opportunities. | $10M | Series A | Apr 20, 2026 |  |
| Contented AI | Contented AI offers AI-driven tools that help businesses generate, optimize, and manage written content for digital marketing. | $4.1M | Seed | Feb 09, 2026 |  |
| Starboard Maritime Intelligence | Starboard Maritime Intelligence is a subscription-based software that offers teams an overview of maritime activity as well as robust analytical tools. | $13.7M | Series A | Sep 08, 2025 |  |
| Emerge | Emerge is a financial management tool for businesses. It is a digital-only banking option designed to help Kiwi businesses operate more quickly, economically, and efficiently. | $7.3M | Series A | Oct 13, 2024 |  |
| Starboard Maritime Intelligence | Starboard Maritime Intelligence is a subscription-based software that offers teams an overview of maritime activity as well as robust analytical tools. | $3M | Seed | Apr 04, 2024 |  |
| MacroActive | MacroActive is the most valuable platform for Health and Wellness coaches, creators and entrepreneurs by helping them to scale their business offerings, free up their time and ultimately reach significantly more people to help achieve their goals. Bootstrapped to $10MM in revenue. |  | Private Equity | Oct 17, 2023 |  |
| SquareOne | SquareOne is a financial platform that gives adults and children the power to teach and learn about money management. |  | Seed | Aug 01, 2023 |  |

8 of 8 investments shown.

## Co-investors
- [Icehouse Ventures](https://shizune.co/investors/profile/icehouse-ventures) — VC Fund, 5 deals together
- [K1W1](https://shizune.co/investors/profile/k1w1) — VC Fund, 3 deals together
- [Angel Investors Marlborough](https://shizune.co/investors/profile/angel-investors-marlborough) — VC Fund, 2 deals together
- [CoAct Capital](https://shizune.co/investors/profile/coact-capital) — VC Fund, 2 deals together
- [Enterprise Angels](https://shizune.co/investors/profile/enterprise-angels) — VC Fund, 2 deals together
- [NZVC](https://shizune.co/investors/profile/nzvca) — VC Fund, 2 deals together

## Similar investors

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### Similar stage
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### Similar country
- [Icehouse Ventures](https://shizune.co/investors/profile/icehouse-ventures) — VC Fund
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## FAQ

### What does Altered Capital invest in?

Altered Capital invests primarily in Software, Mobile Apps and Financial Services startups, most often at Series A and Seed stage. Most of the 8 investments tracked by Shizune back companies in New Zealand. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Altered Capital's check size?

Altered Capital typically joins rounds of $3M–$4.1M at Seed and $4.4M–$14M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Altered Capital participates in.

### How do I contact Altered Capital?

Public channels for Altered Capital include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Altered Capital?

The team at Altered Capital includes Craig Mawdsley (Founding Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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