Altered Capital vs Outset Ventures:Which is more popular in New Zealand?
In October 2026, Outset Ventures had more branded searches than Altered Capital among venture capital firms in New Zealand. Outset Ventures had about 1,000 branded searches, while Altered Capital had 390. Outset Ventures made up 19.5% of all venture capital firm searches we track, and Altered Capital accounted for 7.6%. When we asked ChatGPT and Google AI Overviews about venture capital firms, Outset Ventures appeared in three of the five answers and Altered Capital in one. Outset Ventures was mentioned before Altered Capital in every answer.
Who do people search for more?
Outset Ventures, about 3 searches for every 1 for Altered Capital
Who does AI mention more?
Outset Ventures, mentioned in 3 of 5 answers, Altered Capital in 1
Who does AI recommend more?
Outset Ventures, named ahead of Altered Capital in every answer
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Top venture capital firms in ChatGPT and Google AI Overviews
In three ChatGPT questions and two Google AI Overviews, Outset Ventures was mentioned in three out of five: in all three ChatGPT answers, but not in either of the two Google AI Overviews. Altered Capital was mentioned in one out of five: in one of the three ChatGPT answers, but not in either of the two Google AI Overviews. Outset Ventures was listed before Altered Capital in every answer.
Most recommended by AI
Brands get a higher ranking if they are mentioned earlier in the answers.
Mentioned by AI
Each dot is one answer, filled in when that answer mentions the brand.
Icehouse Ventures4 of 5Named in 3 of 3 ChatGPT answersNamed in 1 of 2 Google answers
Outset Ventures3 of 5Named in 3 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Movac3 of 5Named in 3 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Blackbird Ventures3 of 5Named in 3 of 3 ChatGPT answersNamed in 0 of 2 Google answers
GD13 of 5Named in 3 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Pacific Channel2 of 5Named in 2 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Altered Capital1 of 5Named in 1 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Bridgewest Ventures0 of 5Named in 0 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Punakaiki Fund0 of 5Named in 0 of 3 ChatGPT answersNamed in 0 of 2 Google answers
See every answer about venture capital firms
5 answers
Asked ChatGPT
“Which venture capital firm should I hire in New Zealand?”
Asked ChatGPT
“What are the best venture capital firms in New Zealand?”
Asked ChatGPT
“What's the best venture capital firm in New Zealand for startup funding?”
Searched Google, AI Overview
“venture capital firms”
Searched Google, AI Overview
“seed funding nz”
Not named in any answer:
Brands are shown in the order each answer named them. The survey took place in New Zealand on October 21, 2026.
Is Altered Capital or Outset Ventures more popular in search?
This chart shows how often people search Google for Altered Capital and Outset Ventures by name. Each line represents a brand's share of searches for all nine venture capital firms we track, month by month, from searches in New Zealand.
Share of searches by month for Outset Ventures, Altered Capital. The figures are in the table below the chart.
View monthly share of searches table
| Month | Icehouse Ventures | Outset Ventures | Altered Capital | Movac | Bridgewest Ventures | Blackbird Ventures | GD1 | Pacific Channel | Punakaiki Fund |
|---|---|---|---|---|---|---|---|---|---|
| Nov 2025 | 41.9% | 19.4% | 8.6% | 8.6% | 5.5% | 4.6% | 3.1% | 3.7% | 4.6% |
| Dec 2025 | 44.4% | 16.4% | 7.2% | 10.9% | 4.8% | 4.8% | 3.1% | 4.8% | 3.8% |
| Jan 2026 | 48% | 14.4% | 9.6% | 6.3% | 4.8% | 5.1% | 3.3% | 4.2% | 4.2% |
| Feb 2026 | 40% | 15.2% | 15.2% | 4.4% | 5.5% | 5.5% | 4.4% | 4.4% | 5.5% |
| Mar 2026 | 36.7% | 19.3% | 11.4% | 7.5% | 7.3% | 6.2% | 5% | 3.3% | 3.3% |
| Apr 2026 | 43.9% | 16.6% | 13.6% | 6% | 5.3% | 4.8% | 3.2% | 3.2% | 3.2% |
| May 2026 | 46.8% | 19.5% | 9.4% | 6.2% | 4.9% | 3.3% | 3.3% | 3.3% | 3.3% |
| Jun 2026 | 39.8% | 18.4% | 8.2% | 12.4% | 6.5% | 4.4% | 4.4% | 2.9% | 2.9% |
| Jul 2026 | 40.3% | 21.2% | 8.3% | 8.3% | 4.9% | 4.5% | 4.5% | 3.6% | 4.5% |
| Aug 2026 | 45.3% | 16.6% | 7.4% | 6% | 3.4% | 4.9% | 11.1% | 2.6% | 2.6% |
| Sep 2026 | 41.6% | 19.3% | 8.5% | 8.5% | 5% | 5.7% | 5.7% | 3.7% | 2% |
| Oct 2026 | 46.7% | 19.5% | 7.6% | 7.6% | 5.4% | 5.1% | 3.3% | 2.7% | 2.1% |
How has branded search for Altered Capital and Outset Ventures changed in New Zealand over the last 12 months?
3 findings
- Outset Ventures was ahead of Altered Capital in every measured month of the 12 months ending October 2026.
- Across the 12 months ending October 2026, Altered Capital’s share of searches among venture capital firms in New Zealand moved from 8.6% to 7.6%, and its estimated monthly branded searches held steady at 390.
- Across the 12 months ending October 2026, Outset Ventures’ share of searches among venture capital firms in New Zealand moved from 19.4% to 19.5%, and its estimated monthly branded searches moved from 880 to 1K.
How did search popularity change for New Zealand venture capital firms in October 2026?
2 changes

In October 2026, Altered Capital lost share of searches among venture capital firms in New Zealand, from 8.5% to 7.6%.

Estimated monthly branded searches for Outset Ventures in New Zealand rose 13.6% over 12 measured months, from 880 to 1K in October 2026.
How are Altered Capital’s and Outset Ventures’ branded searches counted?
2 search terms
Brandwave collects information about searches that people make online using Altered Capital’s and Outset Ventures’ names. When viewed over time, estimated search volumes for these branded terms can be used to understand whether interest in the brands is growing, holding steady, or fading.
Altered Capital
1 branded search term
- altered capital
Outset Ventures
1 branded search term
- outset ventures
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