Watertower Ventures

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Overview

Watertower Ventures is an early-stage venture capital firm founded by serial entrepreneurs who have built 11 companies in technology and finance. It invests in pre-seed and seed rounds for US-based startups, primarily in consumer technology, enterprise, fintech, and related sectors, with initial checks from $500K to $2MM and up to $5MM total per company. The firm provides operational support, network access, and acts as outsourced corporate development to help founders scale from pre-seed to Series A and beyond.¹²³

History

Watertower Ventures was founded in 2017 by serial entrepreneurs who had previously built 11 successful companies across technology and finance industries.¹²³ The firm launched its first fund around February 2017, followed by Watertower Ventures Early Access Fund II closing in August 2021, and Fund III opening in July 2023.³ It has invested in companies such as Stability AI, Finofo, KeySquare, PactFi, Mothership, and Entrilia, focusing on early-stage opportunities in AI, fintech, and enterprise optimization.²

Notable Products

Watertower Ventures Early Access Fund III - Open since July 2023, targeting early-stage investments.
Watertower Ventures Early Access Fund II - Closed in August 2021, part of the firm's closed funds.
Watertower Ventures Early Access Fund I - Closed around February 2017, the inaugural fund.

Reputation

Watertower Ventures is perceived as a founder-first VC firm offering value beyond capital through operational expertise and networks, particularly in tech and media.² Professionals note its strong portfolio growth and follow-on investing in companies like Stability AI.² It differentiates in the pre-seed/seed market via hands-on support but lacks detailed public data on fund sizes and employee count.³

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