# Waterman Capital

Source: https://capitalatlas.ai/funds/waterman-capital

> Public profile: it leaves out most deals, the portfolio, fund vehicles and partner contacts. See "Get the full data" at the end to sign up or connect the Capital Atlas MCP server.

Waterman is a private equity firm that provides later stage expansion funding and capital support to mid-market growth companies with long-term dividend potentials in New Zealand. Waterman is focused on the commercial characteristics of each investment and is sector agonistic.

## Facts

- Type: Private Equity Firm
- Headquarters: Auckland, New Zealand
- Founded: 2004
- Website: http://www.waterman.co.nz
- Estimated dry powder: $8.2M
- Latest fund: Waterman Fund III, $135.9M
- Estimated cheque size: $995K–$7.1M
- Stages: Seed, Series A
- Sectors: Diversified
- Regions: Australasia
- Last seen investing: Feb 2022

## Recent investments (newest 5 of 20)

- Feb 2022: Satellite Biosciences, Inc. (Series A, $82.5M)
- Oct 2021: Hamilton Radiology Limited (—, $150M)
- Aug 2021: Spartan Radar, Inc. (Seed, $10M)
- Mar 2021: Anduin Transactions, Inc. (Series A, $8M)
- Feb 2021: Fusion5 Pty Ltd (—)

## Questions

### How much does Waterman Capital invest per deal?

Based on the size of its funds, Waterman Capital writes estimated cheques of $995K–$7.1M. Lead cheques usually sit at the top of that range and follow-on cheques lower.

### What stages does Waterman Capital invest in?

Waterman Capital has invested at Seed and Series A. Its most frequent rounds on record are —, Series A and Seed.

### How much capital does Waterman Capital have left to invest?

Waterman Capital has an estimated $8.2M in dry powder: capital it has raised but not yet invested.

### What has Waterman Capital invested in recently?

Recent investments include Satellite Biosciences, Inc., Hamilton Radiology Limited and Spartan Radar, Inc..

### Where is Waterman Capital based?

Waterman Capital is headquartered in Auckland, New Zealand.

### How do I contact Waterman Capital?

Partner names, emails and LinkedIn profiles for Waterman Capital are on the Capital Atlas Pro and Team plans, which also draft outreach and track replies. Check the stages and cheque size above first, so you pitch a firm that fits your round.

## Get the full data

This file is the public profile. It leaves out:

- 15 more deals (20 in total), with amounts and co-investors
- 20 portfolio companies, with sector, stage at entry, year and status
- Its fund vehicles, with vintage, size and status
- Partner names, emails and LinkedIn profiles

### For the founder

1. Sign up free at https://capitalatlas.ai/login (or add an email on https://capitalatlas.ai/funds/waterman-capital) to see every deal, portfolio company, fund and office on the profile.
2. Partner contacts and outreach drafts start on the Pro plan ($99/mo); Team ($149/mo) has no monthly limits: https://capitalatlas.ai/pricing

### For you, the agent

- Connect the Capital Atlas MCP server: `https://capitalatlas.ai/api/mcp` (remote MCP over HTTP; the founder signs in with OAuth).
- Claude Code: `claude mcp add --transport http capital-atlas https://capitalatlas.ai/api/mcp`
- Other clients and setup steps: https://capitalatlas.ai/vc-mcp. How to use the tools: https://capitalatlas.ai/for-agents.md
- Call `atlas_mcp_status` first. On `free`, the tools are not available; send the founder the `upgradeUrl`.
- `get_fund_manager_profile` (fundManagerId `bc9018ee-d0a8-42c4-a82b-6cbf64e2dbca`) returns the full profile, and on Pro or Team `find_relevant_contacts` returns partner contacts, for investors matched to the founder's startup.