# Waterline Ventures: portfolio, investments and team

> Waterline Ventures is a vc firm based in United States. 6 investments on record, latest Sept 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/waterline-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Waterline Ventures

Filed with the SEC to raise a fund in Feb 2025, closing $21M. Last cheque observed Sep 2019.

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Quiet New fund $21M, Feb 2025 VC firm

Seed Series A Series B Healthtech Health E-health

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 6 on record

Since the last cheque **2594** days **00** hrs **00** min **00** sec

Median round **$7.2M** Rounds led **0 of 6** Sole investor **1 rounds** Exits **1 from the portfolio** Mostly in **United States, 100%**

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## Waterline Ventures highlights

- 01 6 rounds on record
- 02 Mostly Seed and Series A: 100% of its rounds
- 03 Sole investor in 1 rounds, median $2.5M
- 04 1 exits from the portfolio

## What they do

> Waterline invests in early growth technology and service-enabled technology companies in the healthcare space From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Healthtech Health E-health
- **Based in:** Cambridge, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **6 appearances**

- **2019** 1 round
- **Sept** **[Cured](https://millionrounds.com/company/cured)** Seed · US · Pehub **$2.5M** Sole investor
- **2017** 1 round
- **Dec** **[HealthiPASS](https://millionrounds.com/company/healthipass)** Series A · US · FinSMEs **$7.2M** With 3 others
- **2016** 1 round
- **Jun** **[Bright Health](https://millionrounds.com/company/bright-health)** **$80M** With 4 others
- **2015** 1 round
- **Jul** **[1DocWay](https://millionrounds.com/company/1docway)** Seed · US **$1.7M** With 11 others
- **2014** 2 rounds
- **Dec** **[RubiconMD](https://millionrounds.com/company/rubiconmd)** Seed · US **$1.3M** With 1 other
- **Sept** **[Wellframe](https://millionrounds.com/company/wellframe)** Series A · US **$8.5M** With 3 others

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 **1 named**

RM **Robert Milton Greenglass** Member/Manager of Waterline Ventures, LLC i Form ADV

We also hold **10** 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

**$257M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Waterline Ventures, LLC
- **SEC number:** CRD 173281

## What they claim to have backed

From their own portfolio page (on their website)

**23** of 37 we have independently watched raise

[1docway](https://millionrounds.com/company/1docway)[Anagram](https://millionrounds.com/company/anagram)[Andgosystems](https://millionrounds.com/company/andgo-systems)[Brighthealthcare](https://millionrounds.com/company/bright-healthcare)[Carta](https://millionrounds.com/company/carta)[Cured](https://millionrounds.com/company/cured)[Evolvedmd](https://millionrounds.com/company/evolvedmd)[Givelegacy](https://millionrounds.com/company/legacy)[Healthipass](https://millionrounds.com/company/healthipass)[Healthrhythms](https://millionrounds.com/company/healthrhythms)[Kinomatic](https://millionrounds.com/company/kinomatic)[Koneksahealth](https://millionrounds.com/company/koneksa-health)[Madakethealth](https://millionrounds.com/company/madaket)[N1health](https://millionrounds.com/company/n1health)[Persimmon](https://millionrounds.com/company/persimmon)[Plenful](https://millionrounds.com/company/plenful)[Rubiconmd](https://millionrounds.com/company/rubiconmd)[Simplifed](https://millionrounds.com/company/simplifed)[Timedochealth](https://millionrounds.com/company/timedoc-health)[Ventriclehealth](https://millionrounds.com/company/ventricle-health)[Virginpulse](https://millionrounds.com/company/virgin-pulse)[Wellframe](https://millionrounds.com/company/wellframe)[Zipnosis](https://millionrounds.com/company/zipnosis) Ambientclinical Becvrd Business Clarifihealth Commonsensing Doctornow Gobio Hale Lumere Manifold Nice Perimeter Virgosvs Zizi

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.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[1DocWay](https://millionrounds.com/company/1docway)** Bought by Genoa **Undisclosed** Nov 2015

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$21M**

raised in Feb 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$7.2M** the round, not its cheque Alone, median **$2.5M**

Led 0 of 6 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Sept 2019
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Seed said *3*
- Series A said *2*
- Series B said *-*
- Growth said *-*

Cheques by year Led Joined

2014 2019

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## Recently backed

The latest companies Waterline Ventures put money into.

[**HealthiPASS** $7.2M · Dec 2017](https://millionrounds.com/company/healthipass)

## Quick answers about Waterline Ventures

### What does Waterline Ventures invest in?

Waterline Ventures invests most often at Seed and Series A (100% of the rounds on record), in sectors such as Healthtech, Health and E-health.

### How active is Waterline Ventures?

6 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2019.

### What has Waterline Ventures invested in recently?

Its most recent investments on record: Cured (Seed, Sept 2019), HealthiPASS (Series A, Dec 2017) and Bright Health (Jun 2016).

### How big are Waterline Ventures's cheques?

The median round it joins is $7.2M.

### Does Waterline Ventures lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

### Where does Waterline Ventures invest?

Most of the companies it backs are in the United States (100%).

### Is Waterline Ventures investing now?

No investments in the last 12 months; the latest was in Sept 2019.

### What kind of investor is Waterline Ventures?

Waterline Ventures is a VC firm based in Cambridge, United States.

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