Breakwater Ventures
Venture capitalSeattle · Pre-Seed–Series A · 3 people tracked
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.
Team · 3 people
from public directories
What they invest in
from 24 of 27 portfolio companiesSaaS ×12AI & Machine Learning ×11Enterprise Software ×8Fintech ×6Advanced Manufacturing ×4Logistics & Supply Chain ×4B2B Marketplaces ×3Cleantech ×3
HQs:United States×15Canada×1Singapore×1
Who they back
founder profiles across 13 portfolio companiesFounding team size:solo founder×72 founders×53 founders×1
Investments · 27 tracked
founders shown can be your intro pathBy year:2026 · 12023 · 12 dated
Raj Mehra(Founder)inEllen Johnston(Founder)in
Co-investorsAvid VenturesIntercept VenturesUnion Grove Venture Partners
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 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)JOHN DESMOND(Director)BRUCE CHATTERLEY(Director)JEFF BURCHETT(Executive Officer)
Co-investorsAlliance of AngelsEastward Capital PartnersGoAhead VenturesOregon Venture FundPortland Seed FundSeaChange+1 more
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
Calvis provides an on-demand physical security platform that uses AI to match clients with vetted guards from a multi-agency network, coach guards in real time via an earpiece, track shifts with GPS and geofencing, and auto-generate incident reports.
AI & Machine LearningEnterprise SoftwareSaaS
San Francisco, US
Subrata (Subu) Biswas(Founder)Subrata Biswas(Founder)Vishal D(Founder)
Co-investorsSpider Capital
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)Emery Wager(Executive Officer, Director)Stephanie Watanabe(Executive Officer)AJ Hanus(Executive Officer)
Co-investorsBarrel VenturesTogether FundWatchfire VenturesY CombinatorBlume VenturesContext Ventures+7 more
Confido Legal is an embedded payment processing and disbursements platform for law firms and legal technology companies, handling functions like collecting retainers, routing funds to trust accounts, and disbursing settlements with built-in compliance.
FintechLegalTechSaaS
Co-investorsLegalTechContext Ventures
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)Shy Aberman(Head of Engineering)Christine French(Head of Operations)
Co-investorsBetter Ventures Central LlcClimactic
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
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)Charles Tillinghast(Executive Officer, Director)
BoardPatrick Meenan(Director)in
Co-investorsSeaChangeArthur Ventures
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
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
Co-investorsFulcrum VentureNew North VenturesWinklevoss CapitalFiDi VenturesSica VenturesSyndicate 708
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 CapitalDangerous Ventures
Myriad provides compliance coverage across a broad set of financial and data-protection regulations, including US and EU frameworks such as MiFID II, GDPR, Dodd-Frank, BSA/AML, PSD2, and the NIST AI framework.
CybersecurityFintechSaaS
Co-investorsCaesar Ventures
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 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)
Co-investorsPangaea VenturesTDK VenturesCircular Innovation FundFine Structures VenturesPangaea Ventures Us Inc.Cycle Capital+1 more
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)inHarry Conor Lucas(Founder)
Co-investors500 GlobalEntrepreneur First
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)Kevin Young(Founder)
Co-investorsBeresford VenturesPallasite VenturesSeaChange
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 Partners
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
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)Kirk Grogan(Co-founder & COO)Macgregor Gainor(Director)Taylor Birkeland(Director)
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(Executive Officer, Director, Promoter)Danielle Hill(Executive Officer, Director)
BoardCatherine Williams(Director)inWilliam Finney(Director)
Co-investorsAltari VenturesDundee Venture CapitalJ4 VenturesLong Way VenturesMoai CapitalTechstars+3 more
Seattle, US
Siddhant Masson(Executive Officer, Director)Saswat Nanda(Executive Officer, Director)
Co-investorsArray Ventures Management LlcGeek VenturesSeaChangeUpsparks Capital
Exits · 1
IPOs and acquisitions across the tracked portfolioAtomic Alchemyacq. by Oklo
Portfolio news
latest coverage across their companiesEmpirium · finance.yahoo.com · Jul 15, 2026
Supio · aol.com · Jul 13, 2026
Wokelo AI · saasworthy.com · Apr 14, 2026
Holocron · trysignalbase.com · Mar 24, 2026
Atomic Alchemy · intellectia.ai · Mar 24, 2026
Confido · financialit.net · Feb 27, 2026
Upward Financial · trysignalbase.com · Nov 7, 2025
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, DCVC (Data Collective), among 60 tracked co-investors.
Media · Podcasts & interviews
featuring the teamImages
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