Boulton & Watt is a Brooklyn-based venture capital firm and startup incubator that invests in early-stage companies in the United States. The firm builds one company at a time, starting a new company about once a year and working directly with founders, with a focus on overlooked and underappreciated vertical markets. It has acted as a lead or co-lead investor, with investment activity across B2B, beauty and wellness, logistics, real estate, transportation and senior care.