Norwest Venture Partners

investment firm

About

Norwest is a global venture capital and growth equity investment firm that specializes in venture and growth equity companies.

Details

Industries
B2B,Financial Services,Health Care,Venture Capital
Founded date
Jun 1, 1961
Operating Status
Active
Also Known As
NVP
Investor Type
PE,Venture Capital

Norwest is a global venture capital and growth equity investment firm that specializes in venture and growth equity companies. Since its inception, it has invested in more than 600 companies and partner with over 140 active companies across our venture and growth equity portfolio. The firm invests in early to late-stage companies across a wide range of sectors with a focus on consumer, enterprise, and healthcare. It offers a deep network of connections, operating experience, and a wide range of impactful services to help CEOs and founders scale their businesses.

Norwest has offices in Palo Alto and San Francisco, with subsidiaries in India and Israel.

Funds Raised

Announced Date Fund Name Money Raised
Dec 14, 2021 Norwest Venture Partners XVI $3B
Nov 14, 2019 Norwest Venture Partners XV $2B
Feb 14, 2018 Norwest Venture Partners XIV $1.50B
Jan 20, 2016 Norwest Venture Partners XIII $1.20B
May 13, 2014 Norwest Venture Partners XII $1.20B

Investments

Number of Investments
Number of Lead Investments
882
338
Norwest Venture Partners has made 882 investments. Their most recent investment was on Jan 25, 2023, when GeoComply raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Jan 25, 2023 GeoComply
Private Equity(PE) Information Technology Yes
Jan 19, 2023 SetPoint Medical
Series Unknown $80M Biotechnology Yes
Jan 17, 2023 Amberflo
Series A $15M Cloud Data Services Yes
Jan 11, 2023 Butter
Series A $22M Finance Yes
Jan 9, 2023 Monogram Health
Series C $375M Health Care

Employee Profiles

Number of Employee Profiles
77
Norwest Venture Partners has 77 current employee profiles, including Executive Bill Myers
Executive
Employee
Executive
Employee
Employee

Exits

Norwest Venture Partners has had 188 exits. Norwest Venture Partners most notable exits include Common Living ,   Phiar Technologies

Date Company Name Exit Type Industry
Jan 11, 2023 Common Living M&A Collaboration Detail
Dec 20, 2022 Phiar Technologies M&A Artificial Intelligence Detail
Dec 15, 2022 Fungible M&A Computer Detail
Dec 11, 2022 CognitiveScale M&A Artificial Intelligence Detail
Dec 8, 2022 Petabyte Technology M&A Cloud Management Detail

Acquisition

Norwest Venture Partners has acquired 2 organizations. Their most recent acquisition was Wine Access on Apr 20, 2015. They acquired Wine Access for 0.

Date Company Name
Industry Acquisition Type Price
Apr 20, 2015 Wine Access
Wine And Spirits acquisition Detail
Feb 11, 2020 Bailey44
Lifestyle acquisition Detail