Watertower Ventures - Unicorn Nest

Watertower Ventures

Watertower Ventures

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Headquarters Location

United States, Beverly Hills

About

Watertower Ventures was established in 2017, and is a well known VC. The the headquarters of this VC is in Beverly Hills. The VC's location is in North America, United States.

At the time of investment by Watertower Ventures, a typical start-up valuation would be 50-100 millions dollars. The fund generally invests in 2-6 deals every year. In 2019, the fund's activity was at its peak. The most common rounds for this fund are in the range of 1 - 5 millions dollars.

This VC was founded by Derek Norton. Besides the listed founders, we have found 2 key employees of this fund in our database.

The country of its foundation and the country of its most frequent investments coincides - United States. Adway, Brainbase, StyleRow are among the most popular portfolio start-ups of the fund. We can highlight the most popular investment areas for this fund, such as SaaS, Digital Media. In addition, there are 8 more industries where it has achieved success. The fund has no a preferred number of founders for start-ups that it invests in. When a start-up has 4 or 5+ founders, the probability of closing the deal is low. Also, a start-up has to be aged 2-3 years to expect investment from this fund.

The fund usually invests in rounds together with 3-4 others. Aside from Watertower Ventures, start-ups are often funded by Sputnik ATX, Michael Kassan, Jonathan Neman and 4 other funds. The fund often co-invests with BAM Ventures, Waverley Capital, Luma Launch, overall with 6 funds from our list. In subsequent rounds, the fund is usually supported by Waverley Capital, Rogue Venture Partners, Greycroft, out of 2 investors from our database.

Year Founded

2017

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: watertowergroup.com; User name format in descending order of probability: first

Group Appearance [how often fund is operating separately from groups with shared interest]

83.3% of cases

Investments per Year [average amount of rounds in which fund participates each year]

7-12

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

10.5% of cases

Funds Investing in Previous
Rounds

Sputnik ATX

Funds Investing Together

BAM Ventures, Waverley Capital, Luma Launch

Funds Investing in Following
Rounds

Waverley Capital, Rogue Venture Partners, Greycroft

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