Fundraising Fox

Breakwater Ventures

Venture capital

Seattle · Pre-Seed–Series A · 5 people tracked

Find your way into Breakwater Ventures

1,831 people in our graph share verified history with the Breakwater Ventures team — schools, employers, funds. One of them is your warm intro.

Dan Bartusunlockedknows Peter Mueller · together at Bank of America Merrill Lynch (overlapped)
×3knows the team · via Bank of America Merrill Lynch
×2knows the team · via Stealth
×3knows the team · via Stealth Startup
knows the team · via Techstars
knows the team · via Carta
Fox Verdict
Sign up to see your fit

Investment thesis

Breakwater Ventures backs pre-seed and seed startups turning compute into labor capacity. It invests across the US and Canada, with a preference for founders in the Pacific Northwest and Western Canada. Its focus areas include technology adoption in industrials, manufacturing, defense, agriculture, and skilled trades; fintech serving non-traditional users and new money-movement and management use cases; and vertical AI and software built to accelerate growth in specific industries. Beyond providing early capital, the firm positions itself as a long-term partner to founders, offering conviction, networks, and hands-on support across growth, talent, fundraising, and community from inception through key inflection points.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Series A
HQ
Seattle, Washington, US
Instruments
Equity
Founded
2023
Last 12 months
1 investment
Tracked investments
28

Team · 5 people

from curated & public directories

What they invest in

from 24 of 28 portfolio companies

AI & Machine Learning ×12SaaS ×12Enterprise Software ×10Fintech ×6Advanced Manufacturing ×4Logistics & Supply Chain ×4B2B Marketplaces ×3Cleantech ×3

HQs:United States×17Canada×1Singapore×1

Who they back

founder profiles across 14 portfolio companies
50%
solo founders
7 of 14 mapped founding teams
27%
repeat founders
of 15 founders with career history

Founding team size:solo founder×72 founders×63 founders×1

Where their founders studiedfrom 15 founders with education data

University of Washington ×2

What their founders studiedfrom 14 founders with field-of-study data

Business & Management ×5Engineering ×5Computer Science ×3Finance & Accounting ×3

Where their founders worked beforefrom 15 founders with career history

Avalara ×2Monitor Deloitte (ex Monitor Group) ×2

Investments · 28 tracked

founders shown can be your intro path

By year:2026 · 12023 · 12 dated

Atomic Alchemyatomicalchemy.usin𝕏acquired by Oklo

Atomic Alchemy developed technology and facilities for producing radioisotopes for medical, industrial, and research applications, planning dedicated isotope-production reactors in Idaho.

Advanced ManufacturingCleantechClimate TechDeep TechEnergyRoboticsIdaho Falls, US

Thomas Eiden(Founder)in

Co-investorsAsymmetry VenturesDCVC (Data Collective)Hemisphere Ventures LLCSeaChangeType One VenturesY Combinator

Bigleaf Networksbigleaf.netin𝕏

Bigleaf provides SD-WAN and network optimization technology that manages connectivity across satellite, cellular, and metered circuits, offering automatic failover, redundancy, and data cap enforcement.

Cloud ComputingEnterprise SoftwareSaaSBeaverton, US

JOEL MULKEY(Executive Officer, Director)inJOHN DESMOND(Director)BRUCE CHATTERLEY(Director)JEFF BURCHETT(Executive Officer)

Co-investorsAlliance of AngelsEastward Capital PartnersGoAhead VenturesOregon Venture FundPortland Seed FundSeaChange+1 more

Borderless AIhireborderless.comin𝕏

Borderless AI is an Employer of Record platform that helps companies onboard talent, run real-time payroll, and manage compliance across more than 170 countries.

AI & Machine LearningEnterprise SoftwareFintechHR TechSaaS

Co-investorsMonte Carlo CapitalSeaChangeTRAC (Third Round Analytics Capital)Transpose Platform Management

Calviscalvis.comin

Calvis is a platform that connects customers with vetted, licensed security agencies across 40+ US cities, enabling on-demand or contract-based guard deployment with real-time tracking and state-specific compliance verification.

AI & Machine LearningEnterprise SoftwareMarketplacesSaaS

Cielaracielara.aiin

Causal Dynamics Lab is an AI research lab building products that enable machines to reason through cause and effect relationships and learn from experience without forgetting.

AI & Machine LearningCloud ComputingDeep TechDeveloper ToolsEnterprise Software

Hasibul Haque(CEO)inRyan Turner(CTO)inSaad Siddiqui(CBO)inRakib Azad(COO)in

Cimbacimba.ai

San Francisco, US

Subrata (Subu) Biswas(Founder)Vishal D(Founder)

Co-investorsSpider Capital

Confidoconfidotech.comin𝕏Feb 2026 · $9M

Confido provides AI-powered automation for cash application, deduction management, and dispute resolution on a single platform, designed specifically for accounting teams at consumer packaged goods (CPG) brands.

AI & Machine LearningEnterprise SoftwareFintechSaaSNew York City, US

Kara Holinski(Founder)inJustin Hunter(Founder)inTrevor Hanus(Executive Officer, Director)inEmery Wager(Executive Officer, Director)inStephanie Watanabe(Executive Officer)AJ Hanus(Executive Officer)

Co-investorsBarrel VenturesTogether FundWatchfire VenturesY CombinatorBlume VenturesContext Ventures+7 more

Confidolegalconfidolegal.comin𝕏

Confido provides payment and financial services embedded into legal tech platforms, handling client trust account transactions and IOLTA compliance for law firms.

FintechLegalTechSaaS

Co-investorsLegalTechContext Ventures

E Denhomese-denhomes.comin

EDEN provides an instant online quoting tool for residential HVAC contractors, generating heating and cooling load calculations, equipment selection, and applicable rebate and tax credit amounts to help contractors close sales.

CleantechSaaSSales Tech

Ben Phillips(Founder/CEO)Meghan Bodenstab(Head of Product)inShy Aberman(Head of Engineering)Christine French(Head of Operations)in

Co-investorsBetter Ventures Central LlcClimactic

Empiriumempirium.coin

Empirium is a B2B marketplace that connects verified buyers and suppliers in critical industries, enabling sourcing of materials, components, manufacturing services, and finished systems with compliance oversight for U.S. commercial and government procurement.

Advanced ManufacturingB2B MarketplacesEnterprise Software

Co-investorsConnecticut InnovationsIndustrious Ventures

Factalfactal.comin𝕏

Factal provides real-time verification of critical global events and risk intelligence for organizations, combining AI analysis with human journalists to detect early signals from social media.

AI & Machine LearningEnterprise SoftwareGovTechSeattle, US

Benjamin Tesch(Executive Officer)Cory Bergman(Executive Officer, Director)inCharles Tillinghast(Executive Officer, Director)

BoardPatrick Meenan(Director)in

Co-investorsSeaChangeArthur Ventures

Gonegone.com

Gone operates a circular supply chain service that picks up unwanted household goods and resells quality items through gone.com and partner consignment stores, sending the rest to recyclers.

Circular EconomyConsumerMarketplacesSeattle, US

Yashovardhan Wagh(Founder)

Co-investorsFUSENXTP

Hello Gravelhellogravel.comin

Hello Gravel is an online platform for ordering bulk landscape materials like gravel, stone, and mulch with delivery to homeowners and contractors.

B2B MarketplacesConstruction TechE-commerceLogistics & Supply ChainMarketplaces

Co-investorsBoot64 Ventures

Holocronholocron.tech

Holocron Technologies presents itself as a defense-oriented technology company using slogans about being "the digital arsenal of democracy." The page provides no concrete details about its products or services.

Defense Tech

Aydin Efendi(Founder)in

Co-investorsFulcrum VentureNew North VenturesWinklevoss CapitalFiDi VenturesSica VenturesSyndicate 708

Kodama Systemskodama.aiin

Kodama builds remote-control and AI systems for logging equipment, including its RS1 system that converts skidders into remotely operated "robo-skidders." It serves loggers and forest management operations looking to increase production without adding operators or machines.

AgTechAI & Machine LearningRoboticsAndover, US

Merritt Jenkins(Executive Officer, Director)inAndrew Stubbs(Executive Officer)

BoardMatthew Verminski(Director)

Co-investorsBreakthrough Energy VenturesCongruent VenturesMission One CapitalAlumni VenturesClimate CapitalDangerous Ventures+1 more

LeadPointleadpoint.comin

LeadPoint operated an online marketplace for buying and selling consumer sales leads across verticals like lending and education, later expanding into performance advertising.

Plano, US

Co-investorsArcher Capital GroupArcher Venture CapitalRedpoint Ventures

Myriadmyriad.company

Myriad provides AI-powered compliance automation software that monitors regulatory changes, scans documents for risk, and manages compliance workflows in a centralized platform.

AI & Machine LearningCybersecurityEnterprise SoftwareFintechSaaS

Co-investorsCaesar VenturesEVGHack VCIgloo Inc.MoonPaySide Door Ventures+1 more

Neuramillneuramill.coin

Neuramill develops AI-based solutions for precision manufacturing, leveraging computer vision and machine learning.

Advanced ManufacturingAI & Machine LearningDeep TechSaaS

OpenTugopentug.comin

OpenTug operates in inland waterway and barge freight logistics, publishing content on the state of America's lock and dam infrastructure and its impact on barge transport.

Logistics & Supply Chain

Jason Aristides(Cofounder)Michael Baldwin(Cofounder)Luciano de la Iglesia(Cofounder)

Co-investorsEntrada VenturesSeaChangeTMVStout Street Capital

pH7 Technologiesph7technologies.comin

pH7 Technologies develops a proprietary electrochemical closed-loop process for extracting critical metals and minerals — including platinum group metals, gold, copper, and tin — from primary and secondary resources with lower energy, water, and environmental impact.

Circular EconomyCleantechClimate TechNew MaterialsVancouver, CA

Mohammad Doostmohammadi(Founder & CEO)in

Co-investorsPangaea VenturesTDK VenturesCircular Innovation FundCollaborative FundEnergy & Environment InvestmentFine Structures Ventures+6 more

Phasiophas.ioin

Phasio is an end-to-end operating platform for contract manufacturers and manufacturing service providers, covering automated quoting, compliant production routing, back-office/ERP integration, part intelligence, and white-labeled customer storefronts.

Advanced ManufacturingAI & Machine LearningLogistics & Supply ChainSaaSSingapore, SG

Harry Lucas(Cofounder)inSudharshan Raman(Cofounder)in

Co-investors500 GlobalEntrepreneur First

Prescryptiveprescryptive.comin

Prescryptive provides a digital healthcare platform that enables patients to view prescription prices in real-time, manage medications, and track healthcare spending.

AI & Machine LearningDigital HealthHealthtechRedmond, US

Chris Blackley(Founder)inKevin Young(Founder)in

Co-investorsBeresford VenturesPallasite VenturesSeaChange

Sourcerersourcererai.comin

Sourcerer is an AI-native distributor that uses autonomous agents to quote, negotiate, ship, and finance products across global supply chains, handling factory discovery, vetting, quality control, and freight.

AI & Machine LearningB2B MarketplacesLogistics & Supply Chain

Co-investorsEvolution VC PartnersRebellion Ventures

Supiosupio.comin

Supio provides AI-powered software designed specifically for personal injury law firms to manage evidence and case documentation across pre-litigation and litigation phases.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSSeattle, US

Jerry Zhou(Founder)inKyle Lam(Founder)in

Co-investors57Blocks CapitalBonfire VenturesFoothill VenturesMayfield FundSapphire VenturesThomson Reuters Ventures+1 more

TipHaustiphaus.comin

TipHaus provides software that automates tip calculations, distributions, and reconciliation for restaurants, bars, and other hospitality businesses.

Enterprise SoftwareFintechFoodTechHR TechSaaSSeattle, US

Leif Magnuson(Co-founder & CEO)inKirk Grogan(Co-founder & COO)inMacgregor Gainor(Director)Taylor Birkeland(Director)

Co-investorsFUSESeaChange

Upward Financialupwardli.comin𝕏

Upward provides software infrastructure for companies to launch credit products that increase credit visibility for consumers, helping lenders achieve higher approval rates while offering consumers access to lower interest rates.

FintechSaaSSeattle, US

Aaron Gregory(CEO & Co-founder)inChris Hasz(CTO & Co-Founder)inDanielle Hill(COO & Co-founder)in

BoardCatherine Williams(Director)inWilliam Finney(Director)

Co-investorsAltari VenturesDundee Venture CapitalJ4 VenturesLong Way VenturesMoai CapitalService Provider Capital+4 more

Wokelo AIwokelo.aiinMay 2023

Seattle, US

Siddhant Masson(Executive Officer, Director)inSaswat Nanda(Executive Officer, Director)in

Co-investorsArray Ventures Management LlcGeek VenturesRebellion VenturesSeaChangeUpsparks Capital

Exits · 1

IPOs and acquisitions across the tracked portfolio

Atomic Alchemyacq. by Oklo

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Breakwater Ventures made?
Breakwater Ventures has 26 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Breakwater Ventures invest at?
Breakwater Ventures invests at the Pre-Seed, Seed, Series A stages.
What sectors does Breakwater Ventures focus on?
Breakwater Ventures focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Consumer, Data & Infrastructure, Defense Tech, Enterprise Software, Fintech, SaaS.
Where is Breakwater Ventures located?
Breakwater Ventures is headquartered in Seattle, US.
Who does Breakwater Ventures co-invest with?
Breakwater Ventures most often shares deals with SeaChange, FUSE, Rebellion Ventures, among 66 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Images

Breakwater Ventures photo

Similar investors

Featured in lists