# Watershed Capital

> Watershed Capital is a VC fund in Austin backing Health Care, Software and Family. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Austin, United States
- Total investments: 7
- Last investment: Oct 2024
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.watershedcapital.com/

Watershed Capital is a private equity firm that invests in companies of all stages of development.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 3 | 43% |
| Software | 2 | 29% |
| Family | 1 | 14% |
| Internet | 1 | 14% |
| Wellness | 1 | 14% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 29% |
| Series A | 1 | 14% |
| Series B | 1 | 14% |
| Funding Round | 1 | 14% |
| Venture - Series Unknown | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Healthie | Healthie offers infrastructure for next generation digital health organizations that offer virtual-first care. Our API-first and fully brandable suite of solutions - EMR, coaching platform, scheduling software, and patient engagement - enable healthcare builders to launch and scale best-in-class experiences for their members and quickly scale aprovider network. Our organizations deliver holistic care in verticals like behavioral health, women's health, pediatrics and caregiving, and health coaching. We also offer a built-in marketplace of business and clinical integrations used by our organizations. Healthie is HIPAA Compliant and SOC-2 Certified. | $23M | Series B | Oct 15, 2024 |  |
| Valera Health | Founded in 2015, Valera Health combines digital technology and data science with human touch to deliver best inclass clinical services to patients with mild to severe mental health conditions including depression to schizophrenia. With a focus on outcomes and servicing hard to reach populations, Valera Health is redefining high-performing mentalhealthcare. | $45M | Venture - Series Unknown | Oct 07, 2022 |  |
| Hopscotch | Hopscotch is a technology company for in-person and virtual pediatric behavioral healthcare. It aims to simplify and expedite access to behavioral health services for children, teenagers, and their families. The company offers advanced administrative support, content, and interactive tools that address common behavioral issues for mental healthprofessionals. Hopscotch provides providers with the infrastructure needed to deliver quality care, allowing them to make sessions as interactive as possible, and allowing them to focus on providing unparalleled care to children and families. They can be change agents by taking a modernized approach that leverages technology to build toward preventative behavioral healthcare when and where it is most needed. | $8M | Seed | Sep 13, 2022 |  |
| Healthie | Healthie offers infrastructure for next generation digital health organizations that offer virtual-first care. Our API-first and fully brandable suite of solutions - EMR, coaching platform, scheduling software, and patient engagement - enable healthcare builders to launch and scale best-in-class experiences for their members and quickly scale aprovider network. Our organizations deliver holistic care in verticals like behavioral health, women's health, pediatrics and caregiving, and health coaching. We also offer a built-in marketplace of business and clinical integrations used by our organizations. Healthie is HIPAA Compliant and SOC-2 Certified. | $16M | Series A | Jul 19, 2022 |  |
| PairTree | PairTree engages in modernizing the adoption process. It uses future-forward technology to connect adoptive parents with birth moms. | $5.1M | Seed | Mar 15, 2022 |  |
| Valera Health | Founded in 2015, Valera Health combines digital technology and data science with human touch to deliver best inclass clinical services to patients with mild to severe mental health conditions including depression to schizophrenia. With a focus on outcomes and servicing hard to reach populations, Valera Health is redefining high-performing mentalhealthcare. | $15M | Venture - Series Unknown | Nov 04, 2021 |  |
| EpicRealm | epicRealm is an e-commerce service provider that owns and manages a sophisticated global network of servers and software dedicated to transforming and improving dramatically the e-commerce customer experience from the edge of the Internet. epicRealm was formed in 1995 and has its headquarters in Richardson, Texas. | $75M |  | Apr 03, 2000 |  |

7 of 7 investments shown.

## Co-investors
- [AVP](https://shizune.co/investors/profile/axa-strategic-ventures) — VC Fund, 2 deals together
- [Figure 8 Investments](https://shizune.co/investors/profile/figure-eight-investments) — VC Fund, 2 deals together
- [GreyMatter](https://shizune.co/investors/profile/greymatter) — VC Fund, 2 deals together
- [GreyMatter Capital](https://shizune.co/investors/profile/greymatter-capital) — VC Fund, 2 deals together
- [Velvet Sea Ventures](https://shizune.co/investors/profile/velvet-sea-ventures) — VC Fund, 2 deals together
- [Windham Venture Partners](https://shizune.co/investors/profile/windham-venture-partners) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Watershed Capital invest in?

Watershed Capital invests primarily in Health Care, Software and Family startups, most often at Seed and Series A stage. Most of the 7 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Watershed Capital last invest?

The most recent investment recorded for Watershed Capital closed in Oct 2024. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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