# Waterhouse VC

Waterhouse VC is a Private Equity based in Sydney, Australia.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Sydney, Australia
- **Region:** Oceania
- **Address:** Sydney, NSW, Australia
- **Founded:** 2020
- **Assets under management:** A$100M–$250M (Altss estimate)
- **Website:** www.waterhousevc.com
- **LinkedIn:** https://www.linkedin.com/company/waterhouse-vc
- **Wikidata:** Q108742965

## Regulatory record

- **Reports private funds:** No

## About

Waterhouse VC is an investment firm focused on the wagering and gaming industry. It offers fund management services targeting opportunities in the sector. Based in The Rocks, New South Wales, the firm primarily serves wholesale investors.

## Sectors

- Media & Entertainment
- Gaming & Gambling
- Enterprise Software
- Consumer

## People

- Tom Waterhouse — Chief Investment Officer

## Questions

### Who runs investment decisions at Waterhouse VC?

Tom Waterhouse serves as Chief Investment Officer and makes all investment decisions. He is the great-great-grandson of Charles Waterhouse, who founded the family bookmaking business in 1898. Tom Waterhouse previously built and sold TomWaterhouse.com to William Hill for A$70 million in 2013 (per The Australian Financial Review, 2014), giving him operator-level experience that informs his investment underwriting.

### Does Waterhouse VC participate in fund commitments or only direct deals?

Waterhouse VC makes direct equity investments into operating companies, primarily through early-stage and growth rounds. The firm occasionally co-invests alongside other sector-focused funds but does not allocate to third-party fund commitments as a limited partner.

### Does Waterhouse VC only invest in gaming and gambling companies?

Gaming and gambling technology is the core thesis, but the mandate extends to adjacent consumer and enterprise tools that serve gaming operators. A 2023 investment in Tracksuit, a brand-tracking software platform based in New Zealand, illustrates how the firm occasionally backs consumer-intelligence infrastructure that gaming clients use to measure marketing performance.

### What is Waterhouse VC's known posture on co-investments alongside external GPs?

Waterhouse VC co-invests opportunistically alongside other venture funds and family offices active in gaming technology. The firm does not operate a formal club or syndicate, but Tom Waterhouse's industry relationships regularly surface opportunities to participate in rounds led by larger institutional VCs, particularly in Australian and UK-based deals.

## Related profiles

- [Waterhole Ventures](https://altss.com/profile/waterhole-ventures)
- [Waterland](https://altss.com/profile/waterland)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/waterhouse-vc

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