DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Overwater Ventures LLC
Overwater Ventures LLC
name or self-description says seed
Importance
21
moderate
Active deployment
55
elevated
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
17
moderate
Identity and regulatory footprint
- Headquarters
- Palo Alto, CAadviserinfo.sec.gov
- Office address
- 3175 HANOVER STREET, C/O COOLEY, Palo Alto, CA, 94304adviserinfo.sec.gov
- Business phone
- 408-502-6953adviserinfo.sec.gov
- Website
- https://www.overwater.vc/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 31, 2026
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $66.7Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 408-502-6953adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
8 observed deals
Stated (the firm’s website)
- Sectors
- biotech, consumer, energy, agtech
- Stages
- pre seed, seed, early
- Geography
- silicon valley
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- seed
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 75%Other 13%Other Technology 13%
lead rate n/afollow-on rate n/anew logos, 12 months 8
Funds and vehicles
5 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Overwater Ventures SPV III, L.P. | SPV or co-invest vehicle | 2025 form d first sale | Newly closed | unknown | unknown | $15.0M of $15.0M | Jul 21, 2025 |
| Overwater Ventures SPV II, L.P. | SPV or co-invest vehicle | 2025 form d first sale | Newly closed | unknown | unknown | $1.0M of $1.0M | Jan 29, 2025 |
| Overwater Ventures Ii,l.p. | Fund | 2024 adv first reported | Early deployment | $15.8M Nov 14, 2024 | 18 | $0 of $50.0M | Aug 21, 2024 |
| Overwater Ventures Spv I, L.P. | SPV or co-invest vehicle | 2024 form d first sale | Early deployment | $4.4M Nov 14, 2024 | 49 | $4.4M of $4.4M | Apr 3, 2024 |
| Overwater Ventures I, L.P. | Fund | 2021 form d first sale | Mature | $19.5M Nov 14, 2024 | 93 | $20.3M of $20.3M | Apr 12, 2023 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
8 current, 0 departed
Alan Ashworth
Board or advisoryAdvisor
Alan Mardinly
Board or advisoryScience Advisor
Maria Molland
Board or advisoryAdvisor
Vijit Sabnis
Board or advisoryTechnical Advisor
Kristina Mary Simmons
General partnerManager Of Overwater Ventures Gp Ii, Llc · since May 1, 2024
Kristina Simmons
Managing partnerFounder and Managing Partner
Carolyn Coles-Devine
Platform and operationsHead of Platform and Operations
Ivy Ross
Venture partnerVenture Partner
Investments on record
8 edges, 8 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
6 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
5 dated events
- Sep 15, 2026Overwater Ventures LLC: MICRO_VC -> SEED_FUND_MANAGER (name or self-description says seed)Classification changedClassificationInferenceno URL
- Nov 14, 2024Overwater Ventures Ii,l.p. first reported on Form ADV by Overwater Ventures LLC (Venture Capital Fund), GAV $15,787,879Fund first reported on Form ADVFundsFactOverwater Ventures Ii,l.p.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Nov 14, 2024Overwater Ventures Spv I, L.P. first reported on Form ADV by Overwater Ventures LLC (Venture Capital Fund), GAV $4,415,000Fund first reported on Form ADVFundsFactOverwater Ventures Spv I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 8, 2021Overwater Ventures LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 8, 2021Overwater Ventures I, L.P. first reported on Form ADV by Overwater Ventures LLC (Venture Capital Fund), GAV $11,475,000Fund first reported on Form ADVFundsFactOverwater Ventures I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 15, 2026Seed fund manager (confirmed, 95%, cls-1)name or self-description says seed
- Sep 12, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $39.7M across 5 vehicles
Evidence
49 observations from 3 sources