Goodwater Capital describes itself as a consumer-focused venture capital firm and as a "next generation venture capital firm" whose mission is to "empower exceptional entrepreneurs who are changing the world." It states that it invests in consumer technology platforms and utilities that people cannot live without across housing, healthcare, food, financial services, transportation, education and entertainment, and it has described itself as 100% focused on consumer tech. It runs early stage and growth stage funds, and it publishes consumer research, including an annual US consumer survey. It operates from Burlingame, California.
Over $5B (the firm's own press-release boilerplate, June 2026) AUM74/100 Power Score™2014 FoundedBurlingame, CA
Goodwater Capital is founded by Chi-Hua Chien and Eric Kim; the first Form D for Goodwater Capital I, L.P. is filed with the SEC in 2014.
2023
On 25 July 2023 the firm announces it has raised over $1 billion across its family of early and growth stage funds and states it then managed over $3.3B in committed capital.
2026
On 8 June 2026 the firm releases its 2026 U.S. Consumer Survey and states in the release that it has over $5 billion in assets under management.