Company and Competitor Profile: Waterline Ventures
Overview
Waterline Ventures is a prominent venture capital firm based in Cambridge, Massachusetts. Founded in 2014, the firm specializes in investing in early-stage technology and service-enabled technology companies, with a strong focus on the healthcare sector. Waterline aims to improve healthcare delivery by supporting innovative solutions and has successfully invested in 34 companies, resulting in 12 acquisitions and IPOs. The firm's address is 44 Brattle Street, Cambridge, MA 02138, United States. As of October 2024, Waterline Ventures operates with a small team of 2-10 employees and reports an annual revenue of $750K.
Investment Strategy
Waterline Ventures employs a focused investment strategy centered on three main pillars:
- Singular Focus: Deep domain expertise and industry experience in healthcare enable Waterline to identify and invest in promising healthcare innovations.
- Lifetime Relationships: The firm prioritizes long-term collaborations, seeking to partner with entrepreneurs across multiple ventures.
- Efficient Capital: Waterline assists entrepreneurs in designing financing plans that meet the precise capital needs of their businesses, promoting tailored growth strategies.
Leadership Team
The leadership at Waterline Ventures is composed of esteemed professionals with extensive backgrounds in healthcare, technology, and venture capital:
- Robbie Greenglass - Founder & Managing Director: An alumnus of Harvard Business School, Robbie has a history of nurturing entrepreneurial healthcare solutions.
- Mike Baird - Operating Partner: Brings experience from his tenure as CEO of Henry Schein One, contributing deep insights into healthcare technologies.
- Abby Hafler - Partner: Formerly of Matrix Partners in Boston, Abby focuses on healthcare investments.
- John Curtin - Vice President: Former investment banker at AGC, John’s expertise lies in finance and strategic partnerships.
- Kathy Barry - Chief Financial Officer: Provides strategic financial oversight, formerly with Highland Capital Partners.
Technological Infrastructure
Waterline Ventures leverages a diverse technological stack including Grafana for analytics, Medium for content creation, Branch for marketing automation, and programming frameworks like Node.js and Ruby on Rails.
Recent Investments and Developments
Waterline has maintained an active investment portfolio with significant recent engagements:
- Plenful: Raised $17 million in a Series A funding round to enhance pharmacy operations through AI-powered workflow automation.
- DocNow: Secured seed funding to progress its EHR system for post-acute care providers.
- Ventricle Health: Received $8M dedicated to virtual cardiology developments.
- Collaborations include partnerships with startups like evolvedMD and involvement in funding rounds with Cadron Capital Partners and Andgo Systems.
Competitor Landscape
Waterline Ventures faces competition from several key players in the venture capital domain, each specializing in various technology and healthcare sectors:
1. Andreessen Horowitz: Focuses broadly from seed to growth stages in technology investments.
2. Battery Ventures: Engages internationally in tech-driven projects.
3. Khosla Ventures: Supports bold, early-stage startups with a keen interest in healthcare.
4. Sequoia Capital: Renowned for a wide range of investments from early to growth stages.
5. Bessemer Venture Partners: A long-time player investing significantly in enterprise and healthcare startups.
Strategic Opportunities
Aligning with Waterline Ventures offers a strategic avenue for tech companies and startups aiming to penetrate the healthcare market or expand their influence. The firm’s dedication to technological innovation in healthcare provides fertile ground for collaboration and investment, particularly for companies focused on AI-driven health solutions, telehealth, and clinical process automation. Demonstrating strategic alignment with Waterline’s mission of enhancing healthcare accessibility and efficiency is vital for securing successful engagements.
Contact and Additional Information
For more insights into Waterline Ventures' portfolio and ongoing activities, engagement through their [official website](https://waterlineventures.com/) and [LinkedIn profile](https://www.linkedin.com/company/waterline-ventures) is recommended.
