# Stonewater Ventures

Stonewater Ventures is a Venture Capital based in Kuala Lumpur, Malaysia.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Kuala Lumpur, Malaysia
- **Region:** Asia
- **Address:** Kuala Lumpur, Malaysia
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** www.stonewaterventures.com
- **LinkedIn:** https://www.linkedin.com/company/stonewaterventures

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Enterprise Software
- FinTech
- Marketplaces & Platforms

## People

- Nicholas J Daniels — Founder

## 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.

## Related profiles

- [Stonewall Robb](https://altss.com/profile/stonewall-robb)
- [Stonewood Capital](https://altss.com/profile/stonewood-capital)

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Last updated: 2026-07-10T11:25:39.000Z

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