Waterman Capital
Private equityAuckland · Growth–Late Stage · 11 people tracked
Investment thesis
Waterman Capital focuses on mid-market private businesses in New Zealand, drawing on a highly experienced team with over 100 years of combined private equity experience and a core team that has worked together for more than a decade. The firm positions itself as an active investor that adds value by collaborating closely with management teams and stakeholders.
Source: firm website, verified Aug 3, 2026.
Team · 11 people
from the firm's websiteWhat they invest in
from 6 of 19 portfolio companiesE-commerce ×2FoodTech ×2PropTech ×2AI & Machine Learning ×1Biotech ×1Cloud Computing ×1Construction Tech ×1Consumer ×1
HQs:New Zealand×5Australia×1
Investments · 19 tracked
founders shown can be your intro pathCrockers is a property management company serving property owners and investors in Auckland, New Zealand, handling residential, commercial, and body corporate management.
PropTechAuckland, NZ
David Reid Homes is a franchise homebuilder that constructs bespoke, architecturally designed houses across New Zealand, offering custom builds, house and land packages, and a range of home plans for residential clients.
Construction TechPropTech
Farro is a New Zealand grocery and specialty food retailer offering an online store where customers can shop food products, manage a trolley, and save items to a wishlist.
ConsumerE-commerceFoodTech
Fusion5 is a systems integration and IT services partner that helps businesses adopt and connect technology including business applications, AI, cloud, and security.
AI & Machine LearningCloud ComputingEnterprise Software
My Food Bag is a meal-kit delivery service that ships weekly boxes of recipes and pre-portioned ingredients, including 15-minute, pre-prepped, batch cook and ready-made options, to home cooks in New Zealand.
Direct to ConsumerE-commerceFoodTech
New Zealand Clinical Research (NZCR) conducts clinical trials for pharmaceutical companies, running studies through physician-led research teams and dedicated facilities.
BiotechHealthtech
Frequently asked questions
- How many investments has Waterman Capital made?
- Waterman Capital has 19 tracked investments.
- What stage does Waterman Capital invest at?
- Waterman Capital invests at the Growth, Late Stage stages.
- What sectors does Waterman Capital focus on?
- Waterman Capital focuses on Sector Agnostic.
- Where is Waterman Capital located?
- Waterman Capital is headquartered in Auckland, NZ.
Similar investors
3TS Capital Partners is a private equity and venture capital investor focused on technology and technology-enabled companies, notably in Central and Eastern Europe.
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.
AirTree Ventures is an early and growth stage venture capital firm that invests in Australian entrepreneurs. The firm provides capital and support to help founders build companies.
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.


