VC firm
Goodwater Capital
Also known as Good Water Capital, Goodwater Capital I, L.P., Goodwater Capital II, L.P., Goodwater Capital III, L.P., Goodwater Capital IV Affiliates, Goodwater Capital IV Affiliates Fund, L.P., Goodwater Capital IV, L.P., Goodwater Capital Merced
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- BURLINGAME, CA, United States
- Assets under management
- $5.4BForm ADV private fund GAV, as of 2026-03-26Source (opens in a new tab)
- Latest fund size
- $331MForm ADV gross asset value, as of 2019Source (opens in a new tab)
- Funds
- 29
- Legal name
- GOODWATER CAPITAL, LLC
Record updated 29 September 2026
About
Goodwater Capital invests in consumer and prosumer technology companies at every stage. It combines deep data-driven research with founder-first conviction to back platforms shaping how the world transacts, communicates, and lives. It describes itself as the world's largest venture firm dedicated entirely to consumer and prosumer technology.
Investment approach
- Thesis
- Goodwater Capital invests in consumer and prosumer technology companies at every stage. We combine deep data-driven research with founder-first conviction to back the platforms shaping how the world transacts, communicates, and lives.Source (opens in a new tab)
- Leads rounds
- Sometimes
- Investing status notes
- Homepage "What's New" feed shows an active investment announced Aug 2026 ("Goodwater Invests in Wispr Flow's $280M Series B") and other 2025-2026 news of new investments.
Funds
- Goodwater Pacific, L.P.
- $5MVintage 2025, Main fund, SEC amount sold
- Goodwater Taehwa, L.P.
- Vintage 2022Main fund
- Goodwater Infinity I-F, L.P.
- Vintage 2020Main fund
- Goodwater Infinity I, L.P.
- Vintage 2019Main fund
- Goodwater Capital Merced, L.P.
- $13.5MVintage 2016, Main fund, SEC amount sold
- Goodwater Capital Titan, L.P.
- $8MVintage 2015, Main fund, SEC amount sold
- Goodwater Infinity III, L.P.
- Main fund
- Goodwater Capital I, L.P.
- Main fund
- GOODWATER CAPITAL V AFFILIATES, L.P.
- Main fund
- Goodwater Capital IV Affiliates Fund, L.P.
- Main fund
- Goodwater Infinity Affiliates III, L.P.
- Main fund
- GOODWATER HYDRO I, L.P.
- Main fund
- More funds
- 17 more recorded
SEC registration
- Registered adviser
- GOODWATER CAPITAL, LLC
- CRD number
- 172576 (opens in a new tab)
- SEC file number
- 802-80285
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $5.4Bas of 2026-03-26
- Private funds reported
- 29
- Principal office
- BURLINGAME, CA, United States
- SEC CIK
- 1610878, 1632580, 1666836