Waterhouse VC

Waterhouse VC is an Australian wholesale fund, founded in August 2019 by well-known bookmaker Tom Waterhouse, specialising in listed and unlisted wagering and gaming businesses. It is an open-ended unit trust, open to wholesale investors monthly, with the Waterhouse family as cornerstone investors. Its in-house engineering team and industry network support due diligence, and deal flow comes from the family network, global industry conferences and investor referrals. Investments have included BetMakers, Voxbet, Saintly and professional betting syndicates Project Tennis and Project Marston. It targets B2B technology suppliers to wagering operators, plus dominant regulated operators and convergence areas like video gaming and media. Its quality screen favors revenue-generating B2B tech with experienced management. It secures low-cost options in suppliers, committing capital only if in the money, while holding global equities for liquidity.