Founded in 2010 by Andrew McCormack, James Fitzgerald, and Peter Thiel, Valar Ventures focuses on high-margin, fast-growing technology companies with significant market opportunities. It has a global reach and has invested in companies such as TransferWise, N26, and Cluno. The firm believes that the future of transformative technology companies lies outside of Silicon Valley and aims to support founders in emerging tech hubs in Europe and North America.