# WaterEquity: portfolio, investments and team > WaterEquity is a vc firm. 1 investment on record, latest Sept 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/waterequity (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # WaterEquity Last cheque observed Sep 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email VC firm Quiet Last fund, Jun 2011 Growth Follow WaterEquity and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fwaterequity) Cheques on record **0%** of best year **0** **cheques in 12 months**, 1 on record Since the last cheque **413** days **00** hrs **00** min **00** sec Median round **$5.0M** Cheque size, as they say **$2.0M – $15M** Rounds led **1 of 1** Pitch WaterEquity ## WaterEquity highlights - 01 1 rounds on record - 02 Led 1 rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** $2.0M – $15M as they say - **Stages:** Growth - **Based in:** KANSAS CITY - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **1 appearances** - **2025** 1 round - **Sept** **[SunCulture](https://millionrounds.com/company/sunculture)** KE · Disrupt Africa **$5.0M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** LB **Langdon B. Morris** Managing Member of General Partner i Filing they signed MJ **Michael J. Kiley** Executive Officer i Filing they signed We also hold **4** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$450M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Waterequity LLC - **SEC number:** CRD 281955 ## What they claim to have backed From their own portfolio page (on their website) **0** of 5 we have independently watched raise EFIA Hutton, Guy. World IA50 McKinsey Global Institute Varthana Secures Loan Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. Latest fund on file **Raised** a fund in Jun 2011 From its SEC filing. Nothing newer is on file yet. ## The cheque Growth Median round joined **$5.0M** the round, not its cheque Led 1 of 1 rounds **100%** - **Said size:** $2.0M – $15M - **Sole investor:** Never alone - **Last cheque:** Sept 2025 Rounds by stage said on their site - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching WaterEquity?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies WaterEquity put money into. [**SunCulture** $5.0M · Sept 2025](https://millionrounds.com/company/sunculture) ## Quick answers about WaterEquity ### How active is WaterEquity? 1 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Sept 2025. ### What has WaterEquity invested in recently? Its most recent investments on record: SunCulture (Undisclosed round, Sept 2025). ### How big are WaterEquity's cheques? The median round it joins is $5.0M. It says it writes cheques of $2.0M to $15M. ### Is WaterEquity investing now? No investments in the last 12 months; the latest was in Sept 2025. ### What kind of investor is WaterEquity? WaterEquity is a VC firm based in KANSAS CITY. ### How much does WaterEquity manage? About $450M, as regulatory assets under management (Oct 2026). ### Has WaterEquity raised a new fund? Its latest fund filing with the SEC was in Jun 2011. ### Does WaterEquity take cold pitches? Yes: its own website says it reads unsolicited pitches. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=waterequity) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=waterequity)