Goodwater Capital
Goodwater Capital, LLC
Burlingame, CA WWW.GOODWATERCAP.COM Exempt reporting adviser
Goodwater Capital reports 29 venture funds on Form ADV among 29 private funds, with $5.4B in gross private fund assets.
The numbers
| Began raising | Raised |
|---|---|
| 2015 | $8M |
| 2016 | $14M |
Updates from Goodwater Capital
Funds on Form D
Venture funds whose Form D filings carry this adviser’s name, matched by name. Amounts are what each fund last reported to the SEC.
| Fund | Began raising | Target | Raised | Investors | Latest filing |
|---|---|---|---|---|---|
| Goodwater Capital V Affiliates Fund, L.P. | 2022 | $45M | — | — | October 13, 2022 |
| Goodwater Capital V, L.P. | 2022 | $600M | — | — | October 12, 2022 |
| Goodwater Capital IV Affiliates Fund, L.P. | 2021 | $45M | — | — | March 30, 2021 |
| Goodwater Capital IV, L.P. | 2021 | $455M | — | — | March 30, 2021 |
| Goodwater Capital III, L.P. | 2018 | $350M | — | — | April 30, 2018 |
| Goodwater Opportunity Fund 2018, L.P. | 2018 | $75M | — | — | December 17, 2018 |
| Goodwater Capital II, L.P. | 2016 | $250M | — | — | February 24, 2016 |
| Goodwater Capital Merced, L.P. | 2016 | $14M | $14M | 9 | October 24, 2016 |
| Goodwater Capital Titan, L.P. | 2015 | $8M | $8M | 7 | February 10, 2015 |
| Goodwater Capital I, L.P. | 2014 | $120M | — | — | June 23, 2014 |
Track record
A score of 53 out of 100 from one of the 2 funds public LPs report, in the top half of its vintage. Its ranked funds’ median TVPI is 1.25x. That ranks it 57th of 123 managers with a score.
Each fund once, as the latest of 3 LPs’ reports ranks it by TVPI against funds of the same vintage in those reports; 50 is the median fund, and a short record is pulled toward 50. The full record in LP Intelligence, with each fund’s rank and what usually follows a fund like its latest, or every manager’s.
LPs on the record
8 private foundations list on their latest IRS Form 990-PF, and 3 other LPs report holding Goodwater Capital’s funds.
- Fire and Police Pension Association of Colorado (FPPA)
- Hess Philanthropic Fund
- The Maclellan Foundation Inc
8 more LPs are in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.
Firms whose LPs overlap
The firms sharing the most LPs on record with Goodwater Capital, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.
- Relevance Capital Management, LLC
- Radian Capital LLC
- Eso Management Services LLC
- Signia Venture Partners
- Ace Redpoint Management Company, Ltd.
- Felicis
Find LPs for Goodwater Capital and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.
Registration
- Legal name
- Goodwater Capital, LLC
- Status
- Exempt reporting adviser since August 26, 2014
- CRD number
- 172576
Full Form ADV on the SEC’s Investment Adviser Public Disclosure site
About this data
Registered and exempt reporting advisers that report managing at least one venture capital fund on Form ADV, with the number of private funds and their gross assets as each adviser reports them. Advisers whose business name reads as an individual's are left out. From the roster published for September 2026. Source. Benchmarks for funds like these are in Raise benchmarks.