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Watertower Ventures

Watertower Ventures provides first check capital for founders, from founders. They partner with visionary founders at the earliest stages, leading and...

Watertower Ventures logo

Watertower Ventures

Watertower Ventures provides first check capital for founders, from founders. They partner with visionary founders at the earliest stages, leading and co-leading pre-seed and seed rounds. As operators and 11x founders, they deliver operational experience, network access, and support to help scale from pre-seed to Series A and beyond.

General information

Firm type

Venture Capital

Year founded

2017

Location

Region

North America

Country

United States

City

Beverly Hills

Corporate office

Beverly Hills, CA, United States

Principals

Idan Levy

Partner

Jeremy Milken

General Partner

Derek Norton

General Partner

Caro Scalercio

Venture Partner

Natalie Trice

Ventureship Scholar

Tommy Wickersham

Data Scientist

Roshna Bahauddin

Ventureship Scholar

Charlie Wasson

Ventureship Scholar

Sector focus

Venture (General)Enterprise SoftwareAI/MLDigital HealthFinTech

Frequently asked questions

Who runs investment decisions at Watertower Ventures?

Watertower Ventures' partnership draws from operators who have built and scaled technology companies, though specific managing partners have not been widely publicized in recent institutional coverage. The firm's investment committee operates through a concentrated decision-making structure typical of emerging seed-stage managers, where general partners directly source, diligence, and manage portfolio relationships.

Does Watertower Ventures participate in fund commitments or only direct deals?

Watertower Ventures invests directly into startups, primarily through Seed and Series A equity rounds. There is no public record of the firm operating as a fund-of-funds or making LP commitments to other venture managers, which aligns with its identity as an early-stage direct investor deploying operator-partner capital into company-building opportunities.

What investment stages does Watertower Ventures target?

The firm targets early-stage investments, spanning pre-Seed through Series A. Watertower positions as a first institutional check, entering at the point where founders have demonstrated product-market fit and are seeking capital to scale engineering teams and go-to-market functions. Concentration at the earliest stages means the firm accepts the higher variance of seed-stage outcomes in exchange for ownership and influence.

Which sectors does Watertower Ventures avoid?

Watertower has not publicly defined explicit sector exclusions, but its investment activity clusters strongly in enterprise software, AI/ML, fintech, and digital health. The absence of a notable consumer-tech portfolio distinguishes it from many Los Angeles peers, and there is no indication the firm pursues deep-tech hardware, life sciences, or real-asset investing. The practical exclusion is any sector where operator experience and network advantages do not grant an underwriting edge.

How is Watertower Ventures positioned relative to other Los Angeles venture firms?

Watertower differentiates through an enterprise-first thesis in a market where LA venture is historically weighted toward consumer, media, and gaming. By competing for Bay Area-style enterprise deals with a Los Angeles cost base and network, the firm offers founders access to institutional early-stage capital without requiring relocation to San Francisco. This coastal-bridge model defines Watertower's structural role in the Southern California venture landscape.

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