Norwest Equity Partners (NEP)

Summary

In 1961 was created Norwest Equity Partners (NEP), which is appeared as VC. The fund was located in North America if to be more exact in United States. The main office of represented VC is situated in the Minneapolis.

Besides them, we counted 10 critical employees of this fund in our database.

Opposing the other organizations, this Norwest Equity Partners (NEP) works on 17 percentage points more the average amount of lead investments. The fund is constantly included in 2-6 investment rounds annually. Considering the real fund results, this VC is 5 percentage points less often commits exit comparing to other organizations. The high activity for fund was in 2000. Deals in the range of 10 - 50 millions dollars are the general things for fund. The increased amount of exits for fund were in 2019.

Among the most successful fund investment fields, there are Consumer Goods, Internet. The fund has no exact preference in some founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Moreover, a startup needs to be at the age of 16-20 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Life Time Fitness, GoHealth, Skinit, Inc..

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the Norwest Equity Partners (NEP), startups are often financed by XFactor Ventures, Techstars Boulder Accelerator, Techstars. The meaningful sponsors for the fund in investment in the same round are Antares Capital, Norwest Venture Partners, BMO Capital Markets. In the next rounds fund is usually obtained by Norwest Mezzanine Partners, US Department of Energy, TZP Group.