Goodwater

🚀 The biggest mistake you can make when launching a new product? Sean Rad, Founder of Tinder, shared the following with our CEOs: 🎯 Startups often fall into the trap of launching too big, too soon. It's tempting to go all-in with a new feature, but without ensuring product-market fit and hitting key milestones, you risk missing the mark. His advice: 1. Be your first customer: If your team wouldn’t use it, it’s not ready for the market. 2. Scale smart: Test in controlled stages, ensuring each phase resonates before expanding. Prioritize product-market fit over rapid, wide-scale launches. #StartupTips #ProductMarketFit #GoToMarket #Entrepreneurship #consumertech #GoodwaterCapital

We are proud to announce our investment in Tembo, a London-based digital savings and mortgage platform transforming access to homeownership for first-time buyers and those facing affordability challenges. 🏡🚀 Tembo has helped 4,000 first-time buyers achieve their dream of owning a home and has supported 35,000 future homeowners through its Lifetime ISA service. Goodwater led this £14M Series B round, which will enable Tembo to: -Scale its savings app, enabling more users to save for deposits. -Expand its mortgage offerings with new schemes and products. -Continue helping thousands of families unlock opportunities for homeownership. “By combining cutting-edge technology with customer-focused solutions, Tembo has rapidly grown to help thousands of first-time buyers achieve what once seemed impossible. We’re proud to partner with such a fast-scaling business as they continue to lead in bringing affordability and opportunity to the housing market.”- Ed Robinson, Operating Partner at Goodwater Capital Congratulations to Tembo founders: Richard Dana, Eddie Ross, Geoff Wright and the entire team for your incredible work! More info here: https://lnkd.in/gmRV-yGG #consumertech #funding #seriesB

Two fantastic founders Pedro Siciliano and Fábio Baldissera and their remarkable team are transforming education with Teachy, an AI powered workspace that already serves over 1 million registered teachers around the world, saving them time and bringing the best quality materials and support into their lessons. Goodwater is fired up to lead their Series A round and to work alongside the great investment teams at Reach Capital, NXTP Ventures, Roble Ventures, and Scale-Up Ventures to support their next steps. More here: https://lnkd.in/gguAgXMp   Esteban Sosnik, Jennifer Carolan, Enzo Cavalie, Luis Echeverria

We are excited to announce our latest investment in Teachy, Latin America’s largest AI EdTech platform, which is transforming education across LATAM and Asia. 🚀 Teachy empowers teachers with AI-driven tools to save up to 80% of their time spent on tasks like lesson planning, assignment creation, and grading. The platform already supports 1 million teachers and impacts over 10 million students in 170+ countries worldwide. 🌍 Goodwater has co-led Teachy’s $7M Series A with Reach Capital, enabling Teachy to enhance its product offerings, expand internationally, and scale its team to deliver on the mission of empowering teachers worldwide. "Teachy is a revolutionary platform for personalized learning. We believe it has the potential to be transformational for educational outcomes globally." - Coddy Johnson, Partner, Goodwater. Congratulations to co-founders Pedro Siciliano, Fábio Baldissera, and the entire Teachy team! We are honored to partner with you on this journey to impact and elevate education through consumer tech. 📱✏️ Read more about the raise here: https://lnkd.in/gguAgXMp

❓GUESS THE CONSUMER TECH COMPANY... The answer may surprise you! This company has seen a record-high number of users over the last 6-12 months and growth does not look to be slowing down. Click through and leave your guess in the comments 🤔 #consumertech #data #consumertrends

❓GUESS THE CONSUMER TECH COMPANY... Can you guess this company based on its growth since 2023? We've given you MAU, WAU, and daily downloads along with some clues. Click through and leave your guess in the comments! #consumertech #data #consumertrends

Congratulations to Ivan Crewkov and the Buddy.ai team for closing a $11M seed round. We are excited to partner and see greater access to education and 1:1 tutoring for kids globally! 🌎

Looking to make an impact in your next role? Goodwater's consumer tech portfolio companies give millions of users access to better healthcare, financial services, transportation, entertainment, and more—and they are on the hunt for top talent! Take a look at our jobs board for a variety of open roles. #talent #openroles #consumertech

Big congratulations to the Read AI team for their $50M Series B raise this week! We first met the team back in Nov 2023 and subsequently led their Series A, and it was already clear that they had captured the interest of a broad set of working professionals around the world.  Since then, it’s been tremendous to see the team iterate so quickly in bringing new features to market, growing quickly to 1M+ monthly unique visitors, and rapidly expanding from meetings to other forms of communications. Congrats David Shim, Robert Williams, Elliott Waldron and the rest of the Read AI team! https://lnkd.in/gCND74tn

🚀 Funding Announcement: Read AI Raises $50M Series B! 🚀 Since leading Read AI's Series A in April 2024, the company has become a standout in productivity and AI innovation. Today, we're excited to announce Goodwater’s participation in Read AI’s $50M Series B. Read AI is THE preferred productivity solution, helping users streamline meetings, emails, and messages. 📈 What’s fueling this momentum? - MAU has doubled since April 2024 to over 1.1M - 3M meetings analyzed  - 22% MoM growth in active users 👏 New feature rollouts - Read AI for Gmail: a free Chrome Extension that integrates meeting and messaging content into your inbox. - New Integrations with Jira, Confluence, and Salesforce - iOS App for In-Person Meeting Capture Product innovation has really been the driver of Read AI’s rapid growth, and the metrics prove it. Congrats to David Shim and the entire Read AI team. We look forward to continuing our partnership and seeing what comes next! See the full press release here: https://lnkd.in/gbEN4g-J #consumertech #consumertechexperts #AI #fundraising #investment #seriesB Coddy Johnson