Watershed Ventures is an early and emerging growth stage venture capital firm based in New York, backing entrepreneurs creating turning points in foundational industries, with a specialty in healthcare and digital health.
50% of their portfolio is in Healthcare. Deal activity increased 100% year-over-year (2 deals in the last 12 months). Average disclosed round size is $14.9M (across 7 rounds with reported amounts).
Portfolio
6
Fund Size
—
Top Stage
Series B
Last 12 Mo
2
Team
MB
Momo Bi
Partner
MM
Musaab Mahmoud
Investment Analyst
AR
Adrian Rowley
Chief Investment Officer
RK
Rishi Kayathi
Investor
ZK
Zain Khanna
Investor
BB
Ben Bowen
Portfolio Manager
IA
Imraan Ahmed
Fellow
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
10 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Sokin | Series C | — | Dec 2025 |
 Penguin AI | Series A | $29.7M | Sep 2025 |
| Sokin | Series B | — | Jan 2025 |
 Anna Health | Unknown | $9.3M | Nov 2024 |
| Sokin | Series B | — | Jul 2024 |
| Anna Health | Unknown | $9.3M | Jan 2024 |
 Healthie | Series A | $16M | Jul 2022 |
 Kintsugi | Seed | $8M | Aug 2021 |
 Anna | Unknown | $9.3M | — |
| Healthie | Series B | $23M | — |
Top Co-Investors
GreyMatter Capital5 shared
Prysm Capital3 shared
Morgan Stanley Expansion Capital3 shared
Virtue3 shared
re.Mind Capital3 shared
Kurma Partners2 shared
Techstars2 shared
Velvet Sea Ventures2 shared
Plug and Play Tech Center1 shared
ManchesterStory Group1 shared
Canvas Prime1 shared
Overwater Ventures1 shared
SemperVirens Venture Capital1 shared
Horizon Mutual Holdings1 shared
Greycroft1 shared
Snowflake Ventures1 shared
UPMC Enterprises1 shared
Builders VC1 shared
TCV1 shared
Last updated: 7 October 2026