Goodwater portfolio

Goodwater has 45 portfolio companies on record at Recent Funding, with 5 investments in the last 12 months.

Website: goodwatercap.com.

Type: Venture capital.

Portfolio on Recent Funding: 45.

Deals, last 12 months: 5.

Rounds led: 7 of 19.

Capital in their rounds: $1.4B.

Latest deal: Wispr Flow · Aug 18, 2026.

About this page

It is a venture capital firm based in Burlingame, US, founded in 2013. It led 7 of the 19 rounds it joined. Its most recent investment on record is Wispr Flow's $280M Series B+ round in August 2026, alongside Notable Capital, Together Fund, NEA and 8 others. By category, its portfolio leans toward Consumer and social (19) and Health and bio (8). It has co-invested with Y Combinator, General Catalyst and Accel, most often Y Combinator (5 rounds).

About Goodwater

Firm type: Venture capital.

Headquarters: Burlingame, US.

Founded: 2013.

Stages: Pre-Seed, Seed, Series A, Series B, Series C, Growth.

Sectors: Consumer, Digital Health, E-commerce, EdTech, Fintech, FoodTech, Gaming, Healthtech, Media & Entertainment, Mobility & Transportation, PropTech, Retail Tech, SaaS, Social.

Check size: $5M to $50M.

Leads rounds: Yes.

Portfolio companies: 5.

Exits: 1.

Rounds led: 41.

What Goodwater invests in

Consumer and social · 19 · 42%
Health and bio · 8 · 18%
Fintech · 7 · 16%
Media and content · 6 · 13%
Education · 5 · 11%
Commerce and retail · 5 · 11%
Real estate and construction · 4 · 9%
Sales and marketing · 3 · 7%

Goodwater recent investments

Company	Round	Date	Alongside
WWispr Flow	Series B+ · $280M	Aug 18, 2026	Notable Capital, Together Fund, NEA +8
QQFEX	Seed · $9.5M	Aug 9, 2026	468 Capital, Paul Graham, Ritual Capital +5
MMidi Health	Series B+ · $100M · lead	Mar 17, 2026	McKesson Ventures, Emerson Collective, SemperVirens +5
HHupo	Series A · $10M	Feb 17, 2026	Collaborative Fund, January Capital, Strong Ventures +1
RRedotpay	Series B+ · $107M · lead	Dec 17, 2025	Pantera Capital, Blockchain Capital, HSG +1
BBigger Games	Series A · $25M · lead	Jun 16, 2025	Play Ventures, Arcadia Gaming Partners, Index Ventures
KKAST	Seed	Dec 12, 2024	Peak XV (lead), DST Global, HSG (lead)
TTeachy	Series A · $7M · lead	Dec 2, 2024	Roble Ventures, Scale-Up, The MBA Fund +3

How Goodwater invests

Stage	Deals	Capital in rounds
Series B+	11 58%	$1.34B
Seed	4 21%	$15M
Series A	4 21%	$50M

Year	Deals	Capital in rounds
2018	1 5%	$108.43M
2019	1 5%	$144.07M
2020	2 11%	$75.92M
2021	3 16%	$302.5M
2022	3 16%	$227M
2024	3 16%	$15M
2025	2 11%	$132M
2026	4 21%	$399.5M

Goodwater portfolio companies

WWispr Flow$280MSeries B+ · Aug 2026
QQFEX$9.5MSeed · Aug 2026
MMidi Health$100MSeries B+ · Mar 2026
HHupo$10MSeries A · Feb 2026
RRedotpay$107MSeries B+ · Dec 2025
BBigger Games$25MSeries A · Jun 2025
KKASTSeed · Dec 2024
TTeachy$7MSeries A · Dec 2024
HHowbout$8MSeries A · Oct 2024
SSlashSeries B+ · May 2022
DDelfinaSeed · Mar 2022
FFever$227MSeries B+ · Jan 2022
FFractional$5.5MSeed · Nov 2021
TTeachmint$78MSeries B+ · Oct 2021
EElemy$219MSeries B+ · Oct 2021
MMonzoSeries B+ · Dec 2020
OOuterbasebacker
WWillowbacker
HHeidi Healthbacker
FFinkubacker
SSeekhobacker
WWelltorybacker
BBeembacker
GGoodcoverbacker
OOmoibacker
AAncanabacker
WWagetapbacker
SSiglobacker
RReviving Mindbacker
MMemeboxbacker
SScentbirdbacker
SShuttle Centralbacker
RRamperbacker
DDocosanbacker
PPura Mentebacker
PPlaybitebacker
MMelodicsbacker
GGlosetbacker
FFlowlybacker
DDIVE studiosbacker
AAppartabacker
RRorkbacker
PPalmstreetbacker
Yyhangrybacker
WWiffybacker

Company	Round with Goodwater	Total raised	Latest raise
WWispr Flow Voice and audio AI	Aug 18, 2026 Series B+ · $280M	$335M	Aug 18, 2026 Series B+
QQFEX	Aug 9, 2026 Seed · $9.5M	$9.5M	Aug 9, 2026 Seed
MMidi Health Health and bio	Mar 17, 2026 Series B+ · $100M · lead	$249M	Mar 17, 2026 Series B+
HHupo Sales and marketing	Feb 17, 2026 Series A · $10M	$10M	Feb 17, 2026 Series A
RRedotpay Stablecoins	Dec 17, 2025 Series B+ · $107M · lead	$147M	Dec 17, 2025 Series B+
BBigger Games Gaming	Jun 16, 2025 Series A · $25M · lead	$31M	Jun 16, 2025 Series A
KKAST Consumer and social	Dec 12, 2024 Seed	$80M	Mar 9, 2026 Series A
TTeachy Education	Dec 2, 2024 Series A · $7M · lead	$8.6M	Dec 2, 2024 Series A
HHowbout In-person and live experiences	Oct 11, 2024 Series A · $8M · lead	$10M	Oct 11, 2024 Series A
SSlash Stablecoins	May 20, 2022 Series B+ · lead	$100M	Apr 16, 2026 Series B+
DDelfina Health and bio	Mar 9, 2022 Seed	$17M	Feb 19, 2025 Series A
FFever In-person and live experiences	Jan 26, 2022 Series B+ · $227M	$432M	Sep 1, 2025 Seed
FFractional Fintech	Nov 22, 2021 Seed · $5.5M	$20.5M	Nov 7, 2024 Series A
TTeachmint Education	Oct 25, 2021 Series B+ · $78M	$119M	Oct 25, 2021 Series B+
EElemy Health and bio	Oct 8, 2021 Series B+ · $219M · lead	$219M	Oct 8, 2021 Series B+
MMonzo Fintech	Dec 2, 2020 Series B+	$758.42M	May 8, 2024 round
OOuterbase Data and analytics	backer · source	undisclosed	—
WWillow Cybersecurity	backer · source	$7.5M	Aug 3, 2026 Seed
HHeidi Health Health and bio	backer	$116.6M	Sep 22, 2026 Series B+
FFinku AI agents	backer	$3.3M	May 13, 2022 Seed
SSeekho Education	backer	$28M	Sep 3, 2025 Series B+
WWelltory Health and bio	backer	$2M	Oct 8, 2026 Seed
BBeem Lending and credit	backer	$28.6M	Mar 23, 2026 Series A
GGoodcover Fintech	backer	undisclosed	—
OOmoi Consumer and social	backer	$500K	—
AAncana Real estate and construction	backer	undisclosed	—
WWagetap Lending and credit	backer	$500K	—
SSiglo Fintech	backer	undisclosed	—
RReviving Mind Health and bio	backer	$500K	—
MMemebox Consumer and social	backer	undisclosed	—
SScentbird Consumer and social	backer	undisclosed	—
SShuttle Central Developer tools and cloud	backer	undisclosed	—
RRamper Wallets and accounts	backer	undisclosed	—
DDocosan Health and bio	backer	undisclosed	—
PPura Mente Consumer and social	backer	undisclosed	Jul 29, 2022 Seed
PPlaybite Gaming	backer	$1M	Oct 30, 2023 round
MMelodics Education	backer	undisclosed	—
GGloset Commerce and retail	backer	undisclosed	—
FFlowly Health and bio	backer	undisclosed	—
DDIVE studios Voice and audio AI	backer	undisclosed	—
AApparta Crypto social and consumer	backer	undisclosed	—
RRork	backer	$15M	Apr 9, 2026 Seed
PPalmstreet Commerce and retail	backer	$25M	May 21, 2025 Series A
Yyhangry Commerce and retail	backer	$2M	Feb 13, 2025 Series A
WWiffy Sales and marketing	backer	$3M	Jul 23, 2026 Series A

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Consumer and social).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 19 rounds on Recent Funding that name Goodwater. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Goodwater, which is a subset of its real portfolio. API: /api/v1/investors/goodwater (get a free API key). More: the most active VC firms and new venture capital funds.