Aqualateral

What Aqualateral does

Aqualateral is a Brooklyn-based private investment vehicle that operates as a multi-asset class platform deploying capital into water technology solutions and related community programs. Founded by Dr. Allison Schwartz, the firm invests across stages and asset types into companies developing solutions in atmospheric water generation, water reuse, water treatment and diagnostics, smart leak detection, smart metering, smart irrigation, regenerative agriculture, stormwater management, desalination, and flow measurement. Investment decisions are explicitly mission-driven and shaped by direct engagement with communities experiencing water insecurity, and the firm operates in alignment with UN Sustainable Development Goals while committing not to buy, sell, or privatize water. Aqualateral also runs an invitation-only grant program supporting underserved communities and early water innovation efforts.

The firm is led by a five-person team that combines water-sector operating experience with infrastructure and impact-investing backgrounds: Dr. Allison Schwartz (Founder & CEO), Jiten Manglani (Managing Partner & CIO, previously at Pershing Square Foundation, Morgan Stanley Infrastructure Partners, and Sidewalk Labs), Kelly Trott (Managing Partner & COO, previously at Imagine H2O, Bank of America Merrill Lynch, Draper Richards Kaplan Foundation, and NatureVest), Emily Volkmar (VP of Community, focused on water infrastructure research and ESG due diligence), and Scott Casper (Executive Business Partner). The team differentiates itself through proprietary evaluation frameworks that assess investments across financial, community, and planetary dimensions simultaneously.

Aqualateral's go-to-market is community-led: it sources deal flow through direct relationships with innovators (reached via email and an open connect channel), grassroots community partnerships, and participation in industry forums such as the World Water-Tech Innovation Summit. Its revenue model is investment management returns — capital appreciation and investment income from water technology holdings across stages — though no AUM, fund size, fee structure, or LP information is publicly disclosed. The company does not offer software products, APIs, or AI capabilities; it is a capital-deployment and community-engagement platform rather than a technology product company.

Name

Aqualateral

Website

https://aqualateral.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Aqualateral is a Brooklyn-based private investment vehicle deploying multi-asset class capital into transformative water technology companies and community water programs, serving water-tech innovators globally and underserved communities facing water insecurity while targeting triple bottom line returns.

Ownership category

akta.pro rank

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Investment Management Returns: As a multi-asset class investment vehicle, Aqualateral generates returns through capital appreciation and investment income from water technology companies across various stages and asset classes. Their flexible investment approach spans early-stage ventures to established water infrastructure investments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Aqualateral is a multi-asset class investment vehicle that deploys capital into water technology companies and entrepreneurs across various stages and asset types. The firm supplements its investments with community partnership programs and an invitation-only grant-making process directed at underserved communities facing water challenges.

Product overview

Aqualateral is an investment platform — not a software product company — focused on catalyzing capital into transformative water technology solutions. It operates as a multi-asset class investment vehicle investing across various stages and asset types. The company does not offer a unified software platform with named modules or sub-products; rather, its offering consists of investment capital, community partnership programs, and grant-making, directed toward water technology innovators developing solutions in areas including atmospheric water generation, water reuse, water treatment/testing/diagnostics, flow measurement/efficiency, smart leak detection, smart water metering, smart irrigation, regenerative agriculture, stormwater management, and desalination. No distinct named products, branded software modules, or standalone service offerings with individual product identities are presented on the company's website.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-asset class water technology investment capital

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• WaterEquity: Water-equity-focused impact investment firm that deploys capital into water and sanitation businesses in emerging markets. Directly comparable to Aqualateral in mission, asset class, and target entrepreneur profile.
• Imagine H2O: Leading water-tech innovation accelerator that sources and supports water entrepreneurs globally. Highly comparable given Aqualateral COO Kelly Trott led its Global Water Innovation Accelerator, and both target the same water-tech innovator segment.
• Draper Richards Kaplan Foundation: Philanthropic venture fund supporting early-stage social entrepreneurs, including water and sanitation ventures. Directly comparable as an early-stage impact investor with social-return orientation; an Aqualateral team member previously worked there.
• NatureVest: The Nature Conservancy's impact investing arm deploying catalytic capital into nature-based solutions. Comparable mission-driven, multi-stage investment approach; an Aqualateral team member previously worked there.

Broad incumbents

• KKR Global Impact: KKR's impact investing platform invests across themes including water, climate, and sustainability with far greater scale. Overlaps with Aqualateral's impact thesis but operates as part of a much larger alternatives platform.
• TPG Rise: TPG's global impact investing platform spanning climate, health, and education. Comparable to Aqualateral's impact mandate and multi-stage flexibility, but at substantially greater scale and broader thematic scope.
• Brookfield Asset Management: Large-scale infrastructure investor with significant water and utilities exposure. Comparable on the infrastructure end of Aqualateral's multi-asset strategy, though not specialized in water-tech venture investing.
• Acumen: Long-standing impact investment nonprofit tackling poverty through patient capital in water, energy, and agriculture. Comparable in mission-driven investing approach and target entrepreneur base.
• Capricorn Investment Group: Mission-aligned investment firm deploying capital across public and private markets toward sustainability outcomes. Comparable impact mandate with substantially broader asset class reach.

Emerging players

• Elemental Excelerator: Climate-focused accelerator and investor deploying non-dilutive capital into water, energy, and mobility startups. Comparable to Aqualateral's water-tech focus area and innovator engagement model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/_Aqualateral
• LinkedInlinkedin.com/company/aqualateral

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aqualateral