About Water Bear Ventures
Water Bear Ventures is a venture capital firm founded in 2022. It is primarily based out of Boston, United States. As of Apr 2024, Water Bear Ventures has invested in 19 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series A round of AceUp A lot of funds co-invest with Water Bear Ventures, with names like PJC sharing a substantial percentage of its portfolio. Water Bear Ventures has team of 4 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A
Water Bear Ventures' List of Top Investments
Water Bear Ventures has a portfolio of 19 companies. Their most notable investmentis in AceUpTheir portfolio spans across United States, United Kingdom and Canada. They have invested in Enterprise Applications, High Tech, FinTech and 8 other sectors, across stages such as Series A stage. Here is the list of top investments by Water Bear Ventures:
1. Cloaked
Provider of digital identity protection platform. It provides a secure identity management solution that generates unlimited virtual identities with unique email, username, password, and phone number for every website. The platform aims to protect individual personal information from being publicly accessible and vulnerable to identity theft. It can keep the real identities private while still being able to access various online services and functionalities.
Key facts about Cloaked
- Founded Year: 2020
- Location: Lowell (United States)
- Stage: Series B
- Total Funding till date: $404M
- Employee Count: 122 as on Aug 31, 2026
- Investors: Human Capital, LG Technology Ventures and 15 Others
- Latest Funding Round: Series B, Feb 09, 2026, $*****
- Highlight: Editors' Pick
2. Fieldguide
Provider of an AI-native platform for audit and advisory firms. The platform offers end-to-end engagement management, insights, analytics, and integration with productivity tools. It delivers a modern client experience through its client hub. The platform automates engagements across practice areas and methodologies. It supports financial audit, risk advisory, regulatory compliance, cybersecurity, and IT audit.
Key facts about Fieldguide
- Founded Year: 2016
- Location: Sacramento (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $125M
- Employee Count: 255 as on Sep 30, 2026
- Investors: Goldman Sachs, Floodgate and 9 Others
- Latest Funding Round: Series C, Feb 02, 2026, $*****
- Highlight: Editors' Pick
3. Lazarus AI
Developer of AI models for data extraction, reasoning, and knowledge applications. It builds foundation models to help people solve complex problems. It offers AI capabilities including multimodality, routing models, no token input limit, primarily extractive models, temporality understanding, 2-dimensional understanding, vector knowledge graphs, and counterfactuals as metadata. The products include multi modal LLMs for document understanding and a model that orchestrates other AIs and uses tools. The AI models are designed for various data types, including text, documents, tabular data, images, audio, video, time series, signal, and geospatial data.
Key facts about Lazarus AI
- Founded Year: 2017
- Location: Cambridge (United States)
- Stage: Seed
- Total Funding till date: $20K
- Employee Count: 63 as on Jul 31, 2026
- Investors: One Way Ventures, Cameron Ventures and 12 Others
- Latest Funding Round: Seed, Mar 25, 2025, $*****
4. Monitaur Ai
AI-based governance, assurance, and risk management system for enterprises. It offers features such as record verification management, audit management, application monitoring, and internal policies. It helps companies build, manage, and automate responsible and ethical governance across AI systems and modeling projects.
Key facts about Monitaur Ai
- Founded Year: 2019
- Location: United States
- Stage: Series A
- Total Funding till date: $13.2M
- Employee Count: 28 as on Aug 31, 2026
- Investors: Studio VC, Defy and 11 Others
- Latest Funding Round: Series A, May 13, 2024, $*****
- Highlight: Editors' Pick
5. EventPipe
EventPipe is a cloud software company transforming event hotel bookings. Trusted by sports housing companies, event producers, meeting planners, and CVBs, EventPipe simplifies the entire hotel booking lifecycle, from RFPs and contracts to inventory management and reconciliation. Alongside its core block management platform, EventPipe offers live hotel inventory capabilities that capture post-block reservations and power standalone booking sites, delivering modern solutions that maximize reservations and data across all events.
Key facts about EventPipe
- Founded Year: 2020
- Location: Portsmouth (United States)
- Stage: Series A
- Total Funding till date: $7.48M
- Employee Count: 39 as on Sep 30, 2026
- Investors: Water Bear Ventures and Velocior Ventures
- Latest Funding Round: Series A, Nov 13, 2023, $*****
Water Bear Ventures' Year-on-Year Investment Trends
Its most recent first time investment was in AceUp.Water Bear Ventures' Investments by Stage
Water Bear Ventures has made 1 investment in Series A stage with an average round size of $22.5M.Water Bear Ventures' Investments by Sector
Water Bear Ventures has a portfolio focused on Enterprise Applications. Notably, it has invested in 18 Tech companies, 15 Enterprise (B2B) companies, 14 Software companies and at least 5 companies focusing on Saas.Water Bear Ventures' Investments by Geography
Water Bear Ventures has made most investments in United States (1).Water Bear Ventures' recent investments
Water Bear Ventures has not made any investment in 2026 so far.Here are the most recent investments by Water Bear Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 04, 2024 | United States | Series A | 5141 | [+3] |
Team profile of Water Bear Ventures
Water Bear Ventures has a team of 4 members including 4 Partners located in United States. Water Bear Ventures' team sits on the board of 1 company.Here is a list of all team members in Water Bear Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Boston | - | ||
Partner | Boston | - | - | |
Partner | Philadelphia | - | ||
Partner | St. Petersburg | - |
Co-investors of Water Bear Ventures
Over the past 2 years, 4 investors have co-invested in Water Bear Ventures's portfolio companies. This includes funds and angels.
Recent News related to Water Bear Ventures
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AceUp Secures $22.5 Million in Series A to Bring Hyper-Personalized, AI-Powered Coaching for Team TransformationBusiness Wire•Sep 12, 2024•AceUp, Techstars, Gaingels, Water Bear Ventures and 8 others
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Altscore raises $8.5M Series ALatamList•Sep 10, 2024•AltScore, Haymaker Ventures, Kamay Ventures, BuenTrip Ventures and 8 others
