# Altered Capital

Source: https://capitalatlas.ai/funds/altered-capital

> Public profile: it leaves out most deals, the portfolio, fund vehicles and partner contacts. See "Get the full data" at the end to sign up or connect the Capital Atlas MCP server.

Altered Capital is a New Zealand-based venture capital and reinvestment-stage fund manager specializing in private growth companies across the technology, healthcare, and financial sectors. The firm invests in a diverse range of transaction sizes, taking both majority and minority stakes.

## Facts

- Type: Private Equity Firm
- Headquarters: Auckland, New Zealand
- Founded: 2022
- Website: https://www.alteredcapital.com/
- Estimated dry powder: $69.1M
- Latest fund: Tuatara Investments II, $13.7M
- Estimated cheque size: $367.5K–$3.2M
- Stages: Seed, Series A, Series D
- Sectors: Diversified
- Regions: Australasia
- Last seen investing: Sep 2026
- Investments in the last 12 months: 6

## Recent investments (newest 5 of 12)

- Sep 2026: First Table Limited (Unspecified Round, $7M)
- Aug 2026: Pearler Investments Pty Ltd (Series A, $11.5M)
- May 2026: OneReg (Series A, $4.4M)
- Apr 2026: Ideally Group Ltd. (Series A, $9.4M)
- Feb 2026: Contented AI Ltd. (Seed, $2.4M)

## Questions

### How much does Altered Capital invest per deal?

Based on the size of its funds, Altered Capital writes estimated cheques of $367.5K–$3.2M. Lead cheques usually sit at the top of that range and follow-on cheques lower.

### What stages does Altered Capital invest in?

Altered Capital has invested at Seed, Series A and Series D. Its most frequent rounds on record are Series A, Seed and —.

### How much capital does Altered Capital have left to invest?

Altered Capital has an estimated $69.1M in dry powder: capital it has raised but not yet invested.

### What has Altered Capital invested in recently?

Recent investments include First Table Limited, Pearler Investments Pty Ltd and OneReg. It made 6 investments in the last 12 months.

### Where is Altered Capital based?

Altered Capital is headquartered in Auckland, New Zealand.

### How do I contact Altered Capital?

Partner names, emails and LinkedIn profiles for Altered Capital are on the Capital Atlas Pro and Team plans, which also draft outreach and track replies. Check the stages and cheque size above first, so you pitch a firm that fits your round.

## Get the full data

This file is the public profile. It leaves out:

- 7 more deals (12 in total), with amounts and co-investors
- 11 portfolio companies, with sector, stage at entry, year and status
- Its fund vehicles, with vintage, size and status
- Partner names, emails and LinkedIn profiles

### For the founder

1. Sign up free at https://capitalatlas.ai/login (or add an email on https://capitalatlas.ai/funds/altered-capital) to see every deal, portfolio company, fund and office on the profile.
2. Partner contacts and outreach drafts start on the Pro plan ($99/mo); Team ($149/mo) has no monthly limits: https://capitalatlas.ai/pricing

### For you, the agent

- Connect the Capital Atlas MCP server: `https://capitalatlas.ai/api/mcp` (remote MCP over HTTP; the founder signs in with OAuth).
- Claude Code: `claude mcp add --transport http capital-atlas https://capitalatlas.ai/api/mcp`
- Other clients and setup steps: https://capitalatlas.ai/vc-mcp. How to use the tools: https://capitalatlas.ai/for-agents.md
- Call `atlas_mcp_status` first. On `free`, the tools are not available; send the founder the `upgradeUrl`.
- `get_fund_manager_profile` (fundManagerId `36e3b04b-6296-4eee-bf39-d6fc75d68b46`) returns the full profile, and on Pro or Team `find_relevant_contacts` returns partner contacts, for investors matched to the founder's startup.