Goodwater Capital

Goodwater Capital is a venture capital firm exclusively focused on investing in consumer technology companies globally. The firm's investment thesis centers on the belief that consumer technology has the power to significantly improve billions of lives across various sectors, including housing, healthcare, food delivery, financial services, education, entertainment, and transportation. They leverage a software-enabled model and data-driven investment practices to identify and support promising entrepreneurs who are building innovative solutions for consumers worldwide.

Founded in 2014 by industry veterans Chi-Hua Chien and Eric Kim, Goodwater Capital was established with the conviction that proprietary consumer behavior data could identify winning companies earlier in their lifecycle. Chi-Hua Chien is a former general partner at Kleiner Perkins, and Eric Kim was previously a managing director at Maverick Capital. The firm aims to partner with entrepreneurial teams that possess a deep understanding of consumer behavior and can effectively utilize technology to deliver impactful solutions.

Goodwater Capital has made over 99 venture and growth investments, with 13 of their portfolio companies achieving unicorn status (over $1 billion valuation) within 11 years. Notable investments include financial services platforms like Toss in South Korea and Monzo in the United Kingdom, quick commerce app Zepto in India, and ethnic grocery delivery service Weee! in California. The firm manages over $3.9 billion in committed capital and has the flexibility to invest from seed stage up to $100M+ into companies, primarily focusing on Series A, Series B, and growth-stage rounds.

The leadership team at Goodwater Capital comprises experts in consumer technology, including Co-Founders and Managing Partners Chi-Hua Chien and Eric Kim. Other key team members include Partners Coddy Johnson, Jin Oh, Vivek Subramanian (also Chief Product Officer), Brooke Beck (also Head of Investor Relations), and Scott James (also COO). The firm provides its portfolio companies with access to software, data, concierge services, startup curriculum, strategic advice, and a robust network of operators to drive growth and foster community.