Goodwater Capital

Goodwater Capital is a California-based venture capital firm founded in 2014 that targets early-stage investments in consumer technology and related sectors, including housing, financial services, consumer products and services, healthcare, food, transportation, education, and entertainment. It backs exceptional entrepreneurs who create products and platforms that consumers love, with a focus on solving pressing problems and shaping the culture and global economy. Through its investments, Goodwater aims to enable startups capable of delivering broad, measurable improvements in billions of lives, reflecting a commitment to long-term positive impact.

Jing Cao

Investor

Timothy Chang

Investor

Chi-Hua Chien

Managing Partner

Kate Cobb

Investor

Anna Consani

Investor

Past deals in Restaurants

Boostly

Seed Round in 2022
Boostly is a comprehensive SMS marketing and communication platform tailored for restaurants. It enables restaurants to build a CRM for various customers, automate SMS marketing based on customer engagement, and handle call-in orders via an AI-powered phone assistant. Additionally, Boostly collects real-time feedback to enhance the guest experience and generate reviews.

Buncha

Venture Round in 2022
Buncha is a grocery delivery service that connects neighborhoods directly with local merchants for weekly deliveries. It offers both groceries and restaurant products via an eco-friendly platform.

Waysia

Series A in 2022
Waysia is a technology company that operates an online food ordering and delivery platform. It specializes in connecting customers with authentic Asian cuisine restaurants and providing them with convenient access to Asian groceries.

Chowdeck

Pre Seed Round in 2022
Chowdeck is an online platform that facilitates food delivery services and enables users to purchase meals from a diverse selection of restaurants. It connects customers with local eateries, providing a seamless ordering process, real-time tracking, and various payment options.

BeU Delivery

Seed Round in 2022
BeU Delivery operates an online food delivery platform and courier service in Addis Ababa, offering a broad selection of local and national restaurants. The platform enables customers to browse menus and order meals from preferred eateries for home delivery, supported by a cost-efficient logistics system that optimizes delivery efficiency.

OlaClick (YC W21)

Seed Round in 2022
OlaClick is a web-based digital menu solution that streamlines the process of receiving online orders for businesses, particularly mass-market restaurants. The platform allows restaurants to create and distribute digital menus at no cost, facilitating orders through WhatsApp. This approach not only simplifies the ordering process for customers but also helps restaurants enhance their online presence and expand their customer base. By utilizing OlaClick's services, businesses can efficiently manage their food orders and improve overall operational efficiency.

BeU Delivery

Seed Round in 2022
BeU Delivery operates an online food delivery platform and courier service in Addis Ababa, offering a broad selection of local and national restaurants. The platform enables customers to browse menus and order meals from preferred eateries for home delivery, supported by a cost-efficient logistics system that optimizes delivery efficiency.

Bring Me That

Venture Round in 2022
Bring Me That is a technology platform that facilitates online food ordering from a wide range of delivery restaurants throughout the United States, including those without their own online ordering systems. This innovative service addresses a significant gap in the market, as over 100,000 delivery restaurants do not offer online ordering. Currently, Bring Me That enables customers to order from more than 40,000 restaurants across all 50 states, with plans to expand access to nearly 100,000 restaurants. The platform allows users to select from local dining options and provides a seamless delivery experience, complete with secure payment methods, thereby enhancing convenience and efficiency in food ordering.

SendMe

Seed Round in 2022
SendMe specializes in delivering a variety of animal proteins directly to consumers. Their product range includes goat, cow, chicken, and fish meat, offering items like boneless beef, goat meat, chicken, gizzards, hake, and more.

Fudo

Seed Round in 2022
Fudo is transforming Latin America's gastronomic industry by developing user-friendly tech tools for efficient restaurant management. Its web-based platform streamlines sales management, order processing, inventory tracking, and expense recording, empowering restaurants, bars, and cafes to operate more effectively.

HeyFood

Pre Seed Round in 2022
HeyFood is a software platform for restaurants, hotels, and food vendors that manages food ordering and delivery operations. Its mobile application enables customers to discover local restaurants for on-demand delivery or in-store pickup, including options from restaurants, nearby grocery stores, and convenience stores. The platform helps hotels and quick-service restaurants set up and manage their business digitally, while also enabling customers to find new eateries and order food for fast delivery.

Apparta

Pre Seed Round in 2022
Apparta is a restaurant‑tech marketplace and booking platform that helps restaurants boost productivity by filling empty tables with dynamic, whole‑menu discounts delivered through a mobile app. The system uses yield management, offering larger discounts during off‑peak hours and smaller discounts during high‑demand periods to attract dine‑in traffic and increase table utilization. By pairing reservations with incentive pricing for vacant capacity, Apparta aims to reduce idle seating and unlock revenue from underutilized tables. The approach supports restaurants in markets where occupancy can be low, including Latin America where average occupancy has been cited around 40%, reflecting a sizable addressable opportunity. For diners, the platform provides cost savings when dining out, while operators gain a tool to drive traffic and optimize revenue without sacrificing profitability. The company positions itself as a bridge between value‑seeking customers and eateries seeking to maximize the use of available seating.

Waysia

Seed Round in 2021
Waysia is a technology company that operates an online food ordering and delivery platform. It specializes in connecting customers with authentic Asian cuisine restaurants and providing them with convenient access to Asian groceries.

Seek

Seed Round in 2021
Seek is a content platform that facilitates connections between tastemakers in the consumer leisure sector and millions of consumers seeking reliable recommendations for dining, entertainment, and leisure activities. The platform offers trusted and vetted advice from like-minded experts, allowing consumers to make informed choices about their leisure time. Additionally, it provides influencers an opportunity to showcase their expertise and monetize their content. With thousands of recommendations from tastemakers around the globe, Seek serves as a valuable resource for both consumers and content creators in the leisure industry.

PideYummy

Seed Round in 2021
Yummy is the first and most downloaded food delivery app in Venezuela, with national merchants including McDonald’s, Papa Johns, Tony Roma’s, Friday’s, and the largest pharmacy chain in the country.

Neon

Pre Seed Round in 2021
Neon is a platform that allows customers to order a variety of food items from local merchants without having to pay a significant delivery fee, enabling them to enjoy good meals at a reasonable price. The company enables regional food producers to concentrate on creating good cuisine by assisting them in getting their products to customers. The company is now called Neon after Bentocart and Pastel joined forces in 2022.

Todos Comemos

Seed Round in 2020
Founded in 2020, Todos Comemos offers a convenient meal kit delivery service in Bogota and Ciudad de Mexico. They provide pre-portioned ingredients and recipes for customers to prepare meals at home quickly and easily.
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