Venture Capital

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Stonewater Ventures

Stonewater Ventures LLC provides early-stage funding and advisory support to marketplace, platform, and SaaS startups. The fund's investment themes include...

Stonewater Ventures logo

Stonewater Ventures

Stonewater Ventures LLC provides early-stage funding and advisory support to marketplace, platform, and SaaS startups. The fund's investment themes include fintech, enterprise software, and on-demand services. It invests in seed stage startups where the founder can directly help the founding team or in SPVs run by trusted syndicate leads.

General information

Firm type

Venture Capital

Year founded

2019

Location

Region

Asia

Country

Malaysia

City

Kuala Lumpur

Corporate office

Kuala Lumpur, Malaysia

Principals

Nicholas J Daniels

Founder

Sector focus

Enterprise SoftwareFinTechMarketplaces & Platforms

Frequently asked questions

Which geographies are most prominent in the Stonewater portfolio?

The portfolio concentrates on the United States while maintaining significant exposure to emerging economies across Latin America, Africa, South Asia, and Southeast Asia. Named positions include Flutterwave and LemFi in Africa, Tabby in the Middle East, Yassir in the Maghreb, Byte in Pakistan, and Foodology and Houm in Latin America.

How is Stonewater Ventures structurally different from an institutional seed fund?

Stonewater is effectively a personal angel portfolio operating at scale through a fund wrapper. It has no disclosed institutional LPs, no named investment committee, and a single decision-maker — Nicholas J Daniels. This setup contrasts with the typical multi-GP partnership model used by most seed-stage venture firms.

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