Goodwater Capital
Burlingame, California · Invests in North America; Asia; Europe; LATAM; MENA; US · Website
Check size
🔒 $•• – $••Thesis
Consumer technology has the power to measurably improve billions of lives across the globe. We invest in exceptional entrepreneurs building digital utilities that provide better access to housing, healthcare, food, financial services, transportation, education, and entertainment globally.
Likely not a fit for
B2B enterprise software, infrastructure/developer tools, pure hardware plays, companies without global scaling potential
How they invest
- Lead or follow
- Usually leads
- Typical decision
- ~1 month
- Warm intro
- Preferred
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Assets under mgmt
- $3.9B
- Decision process
- Partnership vote
Partners & team
9 contacts on file
Portfolio
Zepto is revolutionizing the way India shops with a focus on speed, offering 10-minute delivery for a wide range of products.
America’s largest online Asian supermarket, providing access to a wide range of Asian groceries and products.
Toss is a financial super app that simplifies managing personal finance, offering services such as money transfers, loan recommendations, credit score monitoring, and investment options all in one platform.
Monzo is a digital bank based in the UK that offers a range of financial services including personal and business banking, savings accounts, investments, and loans. Known for its user-friendly app, Monzo aims to provide transparency in banking and innovative features to help users manage their finances effectively.
Coupang is a U.S. technology and Fortune 150 company that is shaping the future of global commerce, focusing on revolutionizing everyday lives for customers through innovative e-commerce solutions.
Kakao is a South Korean internet company that provides various services including communication, entertainment, and business solutions, leveraging advanced technologies like AI.
TikTok is a social media platform that allows users to create, share, and discover short videos, fostering creativity and community engagement.
Spotify is a leading global audio streaming service with millions of users and subscribers. It offers access to millions of songs and podcasts.
X Corp. is the parent company of the social media platform X (formerly known as Twitter), focusing on social media and communication services.
Meta Platforms is building technology that connects people, interests, and experiences, evolving from Facebook to include apps like Messenger, Instagram, and WhatsApp, and moving towards immersive mixed reality experiences.
Scopely is a global interactive mobile-first video game company founded in 2011, dedicated to expanding the possibilities of play through diverse gaming experiences. With a proprietary technology platform called Playgami, Scopely creates engaging games that inspire community and connection among players worldwide.
Photomath is a math help app that provides step-by-step solutions to math problems, helping learners, parents, and teachers understand math concepts through a user-friendly interface.
Recent activity
- May 2026
Contrario
Seed · Participated
- Apr 2026
Astor
Seed · Participated
- Feb 2026
Midi Health
Series D · Lead
- Feb 2026
Stash
Series H · Lead
- Feb 2026
Humand
Series A · Lead
- Jan 2026
Emobi
Unknown · Lead
- Dec 2025
RedotPay
Series B · Lead
- Dec 2025
GravityLabs
Series A · Lead
Goodwater Capital in the news
The Korea Society
Global Venture Without Borders: A Conversation with Eric Kim
5 days ago
Pulse 2.0
Pure Raises $8 Million To Build Compliance-First Platform For Real-Money Peer-To-Peer Games
1 month ago
Variety
AI Start-Up Kaon AI Raises $60 Million in Funding Round in Quest to Build a ‘Personalized Story Engine’ for Users
2 months ago
TechCrunch
Chi-Hua Chien saw Facebook coming — now he says the real AI winners won’t be selling AI
2 months ago
Business Wire
Goodwater Capital Releases 2026 U.S. Consumer Survey That Tracks AI’s Growing Role in Everyday Life
3 months ago
Morningstar
Goodwater Capital Releases 2026 U.S. Consumer Survey That Tracks AI’s Growing Role in Everyday Life
3 months ago
GlobeNewswire
Mega raises $11.5M to give every SMB an enterprise-grade growth team, without the agency
6 months ago
NeoFeed
Teachy wants to bring AI to education. Goodwater Capital, which invested in Facebook, "bought" the idea
6 months ago
Aju Press
Korean founders told to prioritize profit over growth at Silicon Valley summit
7 months ago
매일경제
Toss, known as Korea's leading unicorn company (an unlisted startup with an enterprise value of more..
10 months ago
Korea JoongAng Daily
Fandom platform b.stage draws in $15 million investment from Goodwater Capital
10 months ago
Fortune
Q2 venture funding climbs on AI deals while PE stuck on sidelines
Jul 2025
FinTech Futures
Business banking start-up Slash secures $41m Series B
May 2025
LatamList
Teachy raises a $6.7M series A round led by Goodwater and Reach Capital
Dec 2024
GeekWire
Read AI raises $21M from Goodwater and Madrona, adds AI summaries for email and messaging
Apr 2024
AlleyWatch
The Weekly Notable Startup Funding Report: 10/2/23
Oct 2023
Venture Capital Journal
Goodwater soaks up $1b-plus for consumer tech deals
Jul 2023
TechCrunch
Exclusive: Goodwater Capital snags $1B across two new funds, despite cooling interest in consumer tech
Jul 2023
PR Newswire
Goodwater Raises Over $1 Billion to Support Consumer Technology Startups Globally
Jul 2023
WSJ
Exclusive | Goodwater Capital Backs Faith-Based App Maker Hallow
May 2023
KoreaTechDesk
US VC firm Goodwater Capital raises $1 billion to invest in consumer tech startups
Sep 2021
AsiaTechDaily
US-based VC Goodwater Capital raises $1bn to invest in early, growth-stage startups
Sep 2021
orrick.com
Orrick Advises Goodwater Capital on Investment in TIER Mobility
Oct 2019
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Research briefRead more
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