WATCHFIRE VENTURES, LLC
WATCHFIRE VENTURES, LLC is a Seed, Series A, Series C+ and other fund in the US writing $500K–$5M checks into AI, Enterprise, Fintech, consumer-products, commerce-infrastructure-software, industrial-modernization-technology, tech-enabled-services, blockchain, hardware and software.
- Stages
- Seed, Series A, Series C+, other
- Sectors
- AI, Enterprise, Fintech, consumer-products, commerce-infrastructure-software, industrial-modernization-technology, tech-enabled-services, blockchain, hardware, software
- Check size
- $500K–$5M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2020
- Assets under management
- $39.85M
- Website
- watchfireventures.com
Thesis
Watchfire Ventures, founded in 2020 and headquartered in Santa Barbara, California, is an early-stage venture capital firm with a stated AUM of $39.85 million from Fund II, and Fund III targeting $150 million. The firm's investment philosophy centers on supporting startups as "watchfires," acting as beacons of guidance. Their geographic scope is primarily the United States, focusing on Seed and Series A rounds. The investment thesis targets companies at the intersection of hardware and software innovation, with key sectors including Consumer Products, Commerce Infrastructure Software, Industrial Modernization Technology, and Tech-Enabled Services. They also express interest in Fintech, AI, Blockchain, and SaaS. Watchfire Ventures employs a strategy that blends venture capital with private equity principles, aiming to be a lead investor while also engaging in co-investment. Their typical check size ranges from $500,000 to $5 million per deal. The firm has a team of three partners: Patrick Dillingham, Sean Koffel, and Jack Mosbacher.
Common questions
Does WATCHFIRE VENTURES, LLC invest at the Seed stage?
Yes. WATCHFIRE VENTURES, LLC lists Seed, Series A, Series C+ and other among the stages it invests in.
What check size does WATCHFIRE VENTURES, LLC write?
WATCHFIRE VENTURES, LLC writes $500K–$5M checks.
Where does WATCHFIRE VENTURES, LLC invest?
WATCHFIRE VENTURES, LLC invests in the US.