Goodwater Capital

Goodwater Capital is a venture capital investment firm based in Burlingame, California, founded in 2014. The firm focuses on empowering exceptional entrepreneurs across various sectors, including housing, financial services, healthcare, food, transportation, education, and consumer technology. Goodwater believes that consumer technology has the potential to revolutionize culture and the global economy, and it seeks to invest in promising entrepreneurs who are dedicated to solving significant societal challenges. By supporting these innovators, Goodwater Capital aims to create a measurable positive impact on billions of lives worldwide.

Chi-Hua Chien

Co-Founder and Managing Partner

Daryl Hansen

Investor

Sophie Hoffman

Investor

Coddy Johnson

Partner

Hatim Khety

Venture Investor

Danielle Kling

Operating Partner

Adam Levinson

Vice President of Investing Platform

Yao Li

Principal

Jin Suk Oh

Partner

Michael Sidgmore

Venture Partner

Vivek Subramanian

Partner and Chief Product Officer

Nathan Tien

Principal

Past deals in Restaurants

Boostly

Seed Round in 2022
Boostly is a comprehensive SMS marketing and communications platform specifically designed for restaurants. It enables establishments to create a customer relationship management (CRM) system that integrates in-store, online, and call-in customer interactions. The platform automates marketing efforts through SMS, targeting customers based on their engagement with the restaurant. Additionally, Boostly features an AI-powered phone assistant that manages call-in orders, streamlining operations and enhancing revenue without requiring staff intervention. The system also gathers customer feedback in real-time, allowing restaurants to address issues promptly and generate positive reviews. By automating online ordering and providing valuable insights into customer behavior, Boostly helps restaurants increase profitability and improve customer retention.

Buncha

Venture Round in 2022
Buncha is a grocery delivery app that links neighborhoods with local merchants for weekly deliveries of groceries and restaurant products. The platform operates as a hyperlocal, peer-to-peer marketplace, facilitating commerce by offering convenient access to essential items. Buncha utilizes eco-friendly delivery routes to ensure that shoppers receive their orders in real-time, enhancing the overall shopping experience. By connecting users directly with their community merchants, Buncha supports local businesses while providing a reliable service for customers seeking convenience in their grocery and meal needs.

FoodCourt

Pre Seed Round in 2022
FoodCourt is an on-demand food delivery application that facilitates the ordering of meals and drinks from a curated selection of virtual restaurant brands and shops. The app aims to enhance accessibility to quality food and convenience items across Africa by leveraging virtual restaurants and dark stores. By focusing on popular food and convenience categories, FoodCourt provides users with a convenient platform to order from a diverse range of delivery brands, ensuring a streamlined and efficient dining experience.

Waysia

Series A in 2022
Waysia is a company that has created an online platform for ordering and delivering food, primarily focusing on Asian cuisine. The application allows customers to conveniently order a variety of authentic Asian dishes from different restaurants, as well as household groceries related to Asian cooking. By bridging the gap between Asian and French culinary cultures, Waysia aims to provide users with an easy and efficient way to enjoy Asian food and ingredients from the comfort of their homes.

Chowdeck

Pre Seed Round in 2022
Chowdeck is an application that serves as a food delivery hub, connecting consumers with a variety of food vendors. It enables users to request and purchase meals from nearby restaurants, which are then delivered directly to their homes. The platform streamlines the ordering process, allowing for quick meal delivery within minutes. By offering a marketplace for a diverse selection of dining options, Chowdeck caters to the needs of both consumers seeking convenient meal solutions and restaurants aiming to expand their reach and delivery capabilities.

BeU Delivery

Seed Round in 2022
beU delivery is an online food delivery platform that connects customers with a diverse selection of over 500 local and national restaurants in Addis Abeba. The application allows users to browse menus, view photos, and read reviews, facilitating a seamless ordering experience. By employing an efficient logistics system, beU delivery ensures that fresh food is delivered to customers promptly. Users can easily choose from various cuisines, whether they desire local favorites or popular national dishes, all from the comfort of their homes.

OlaClick (YC W21)

Seed Round in 2022
OlaClick is the tool for 3M restaurants in Latin America to manage their business in a simple and economical way. It offers an all-in-one system that facilitates sales in person, online and via WhatsApp. Established in 2020, OlaClick was founded with a vision to drive businesses in Latin America towards unprecedented success. Recognizing the need for digital solutions tailored to the unique challenges of the restaurant industry, our founders set out to create a platform that would revolutionize the way restaurants operate and interact with their customers. OlaClick's suite of tools for restaurants offers a comprehensive range of features that enhance efficiency, improve customer satisfaction,and drive revenue growth. Some of our key offerings include: Digital Menu,Point of Sale (POS) System,WhatsApp Chatbot,Discount Coupons, Fidelity Program,Management Reports,Online Payments, Integration of Marketing Tools and others. OlaClick's impressive growth and success can be attributed to the strong financial backing from prominent investors. Partnerships with industry giants such as Google (Gradient Ventures),Meta and YCombinator have provided us with the resources needed to develop cutting-edge technology and expand our reach.Also investors: Delivery Hero, Tribe Capital, Arca Contal (Coca-Cola), Caffeinated Capital, Graph Ventures, Angel Ventures Mexico, Goodwater Capital, MSA Capital and Position Ventures. With over 6 million users visiting our platform every month, OlaClick has become a trusted choice for restaurants and customers alike.Our user base continues to grow rapidly, testament to the effectiveness of our solutions and the value they bring to businesses.

BeU Delivery

Seed Round in 2022
beU delivery is an online food delivery platform that connects customers with a diverse selection of over 500 local and national restaurants in Addis Abeba. The application allows users to browse menus, view photos, and read reviews, facilitating a seamless ordering experience. By employing an efficient logistics system, beU delivery ensures that fresh food is delivered to customers promptly. Users can easily choose from various cuisines, whether they desire local favorites or popular national dishes, all from the comfort of their homes.

Bring Me That

Venture Round in 2022
Bring Me That is a technology platform that facilitates online food ordering from a wide range of restaurants across the United States, including those that do not have their own online ordering systems. The platform addresses a significant gap in the food delivery market, where many restaurants remain inaccessible to consumers due to the lack of digital ordering options. By providing a comprehensive solution, Bring Me That enables customers to order from over 40,000 restaurants nationwide, with plans to expand this number significantly. The platform offers secure payment options, ensuring a seamless experience for users who wish to enjoy food delivery from their local eateries.

Sendme

Seed Round in 2022
SendMe is a food delivery platform specializing in a variety of animal proteins, including goat, cow, chicken, and fish. The company provides an extensive selection of meat products, such as boneless beef, beef with bones, goat meat, chicken, gizzards, and various fish options. By focusing on meat delivery, SendMe aims to ensure that customers have easy access to quality food delivered conveniently to their doorsteps.

yhangry

Venture Round in 2022
Yhangry is a private chef marketplace that allows users to easily book chefs for home dining experiences. For a fee of $40 per person, customers can arrange a three-course meal with just a few clicks. The platform offers a convenient way for individuals to organize private chef dinner parties, enabling them to customize menus and enjoy a variety of cuisines for occasions such as dinner, brunch, or parties. Yhangry also provides chefs the opportunity to earn significantly more than they would in traditional restaurant roles, ensuring a mutually beneficial arrangement for both clients and culinary professionals.

Fudo

Seed Round in 2022
Fudo is a company dedicated to advancing the digital transformation of the gastronomic industry in Latin America by providing user-friendly technological tools. It develops a web-based management system that supports restaurants, bars, and cafes in efficiently managing their operations. This platform facilitates order processing through online sales channels and enables businesses to track sales, expenses, and inventory. Fudo's mission is to improve service quality for thousands of gastronomic establishments, while also fostering an enthusiastic and inclusive team that is committed to continuous learning and growth.

OpenChefs

Venture Round in 2022
OpenChefs is an application that connects aspiring chefs, referred to as Chefpreneurs, with consumers seeking diverse meal options. The platform allows individuals to become home chefs, providing them with the necessary tools and resources to create and offer their culinary creations. Customers can browse menus from verified local home chefs, selecting meals that suit their preferences. Once an order is placed, the chosen dishes are delivered directly to the customers' homes, facilitating a convenient dining experience that highlights the variety of world cuisines available through local talent.

HeyFood

Pre Seed Round in 2022
Heyfood is the software used in restaurants and hotels. They manage their food ordering and delivery businesses. They allow users to discover local restaurants for on-demand delivery or in-store pickup from restaurants, nearby grocery stores, and convenience stores through a mobile application, enabling hotels and QSRs to set up and manage their business digitally.

Apparta

Pre Seed Round in 2022
Apparta is a restaurant-tech marketplace that focuses on enhancing productivity for dining establishments by facilitating the booking of empty tables through a mobile application. The platform operates on a yield management strategy, providing consumers with whole-menu discounts that vary based on demand; higher discounts are available during off-peak hours while lower discounts apply during peak times. This approach targets the significant issue of low occupancy rates, which average 40% in Latin America, presenting a substantial market opportunity. By driving dine-in traffic, Apparta aims to optimize restaurant operations and provide consumers with affordable dining options.

Waysia

Seed Round in 2021
Waysia is a company that has created an online platform for ordering and delivering food, primarily focusing on Asian cuisine. The application allows customers to conveniently order a variety of authentic Asian dishes from different restaurants, as well as household groceries related to Asian cooking. By bridging the gap between Asian and French culinary cultures, Waysia aims to provide users with an easy and efficient way to enjoy Asian food and ingredients from the comfort of their homes.

Yummy

Seed Round in 2021
Yummy Inc. is a food delivery service that operates a mobile application, allowing users to conveniently order and pay for food through their platform. Founded in 2020 by Vicente Zavarce, the company is headquartered in San Francisco, California, with an additional office in Caracas, Venezuela. Yummy serves customers across Latin America, offering various payment options, including foreign credit cards and cash, to facilitate easy access to food delivery at the desired locations.

PideYummy

Seed Round in 2021
Yummy is the first and most downloaded food delivery app in Venezuela, with national merchants including McDonald’s, Papa Johns, Tony Roma’s, Friday’s, and the largest pharmacy chain in the country.

Neon

Pre Seed Round in 2021
Neon is a platform that allows customers to order a variety of food items from local merchants without having to pay a significant delivery fee, enabling them to enjoy good meals at a reasonable price. The company enables regional food producers to concentrate on creating good cuisine by assisting them in getting their products to customers. The company is now called Neon after Bentocart and Pastel joined forces in 2022.
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