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 / Waterline Ventures, LLC
Waterline Ventures, LLC
venture manager, reported GAV $257M across 6 vehicles
Importance
25
moderate
Active deployment
29
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
11
low
Identity and regulatory footprint
- Headquarters
- Cambridge, MAadviserinfo.sec.gov
- Office address
- 44 BRATTLE STREET, 1ST FLOOR, Cambridge, MA, 02138adviserinfo.sec.gov
- Business phone
- 857-574-9958adviserinfo.sec.gov
- 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 2, 2026
- Private funds reported
- 5 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $257Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 857-574-9958adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- ai, healthcare, biotech, space
- Stages
- series a, series b
- Geography
- new york
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
seed 100%
Stage at first entry
seed 100%
Sectors
unknown 100%
lead rate 0%follow-on rate 0%new logos, 12 months 1
Funds and vehicles
6 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Waterline Ventures IV, L.P. | Fund | 2024 form d first sale | Early deployment | $0 Mar 21, 2024 | 20 | $21.0M of $50.0M | Feb 6, 2025 |
| Waterline Ventures Nh, L.P. | Fund | 2022 form d first sale | Active deployment | $2.3M Mar 21, 2024 | 5 | $2.4M of $2.4M | Mar 29, 2022 |
| Waterline Ventures III, L.P. | Fund | 2021 adv first reported | Mature | $231M Mar 21, 2024 | 30 | $0 | Jun 10, 2020 |
| Waterline Ventures II, L.P. | Fund | 2020 adv first reported | Mature | $21.9M Mar 21, 2024 | 29 | $0 of $15.0M | Sep 21, 2016 |
| Waterline Ventures I-A LLC | Feeder or parallel | 2015 form d first sale | Harvest | $500,000 May 1, 2015 | 1 | $500,000 of $500,000 | Feb 3, 2015 |
| Waterline Ventures I, L.P. | Fund | unknown | Unknown | $1.7M Mar 21, 2024 | 13 | $0 of $5.0M | Jul 31, 2014 |
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
11 current, 0 departed
Katharine French
AssociateAssociate
Bijan Salehezideh
Board or advisoryAdvisor
Bob Higgins
Board or advisoryAdvisor
Dennis Chalke
Board or advisoryAdvisor
Jack Shields
Board or advisoryAdvisor
Gil Addo
Operating partnerOperating Partner
Mike Baird
Operating partnerOperating Partner
John Curtin
PartnerPartner
Robbie Greenglass
PartnerPartner
Robert Milton Greenglass
PartnerMember/Manager Of Waterline Ventures, Llc · since Aug 1, 2014
Kathy Barry
Platform and operationsCFO Advisor
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| CVRD Health | Seed Round · Seed | participant | unknown | $5.0M | unknown | May 21, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“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
2 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
7 dated events
- Mar 21, 2024Waterline Ventures IV, L.P. first reported on Form ADV by Waterline Ventures, LLC (Venture Capital Fund)Fund first reported on Form ADVFundsFactWaterline Ventures IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2022Waterline Ventures Nh, L.P. first reported on Form ADV by Waterline Ventures, LLC (Venture Capital Fund), GAV $2,420,500Fund first reported on Form ADVFundsFactWaterline Ventures Nh, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2021Waterline Ventures III, L.P. first reported on Form ADV by Waterline Ventures, LLC (Venture Capital Fund), GAV $20,443,554Fund first reported on Form ADVFundsFactWaterline Ventures III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2020Waterline Ventures II, L.P. first reported on Form ADV by Waterline Ventures, LLC (Venture Capital Fund), GAV $15,836,776Fund first reported on Form ADVFundsFactWaterline Ventures II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 1, 2015Waterline Ventures I-A LLC first reported on Form ADV by Waterline Ventures, LLC (Venture Capital Fund), GAV $500,000Fund first reported on Form ADVFundsFactWaterline Ventures I-A LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 20, 2014Waterline 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)
- Oct 20, 2014Waterline Ventures I, L.P. first reported on Form ADV by Waterline Ventures, LLC (Venture Capital Fund), GAV $5,250,000Fund first reported on Form ADVFundsFactWaterline 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 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $257M across 6 vehicles
Evidence
47 observations from 3 sources