Norwest Venture Partners

Founded 1961

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 676
Average round size
info
The average size of a deal this fund participated in
$25M
Portfolio companies 382
Rounds per year 11.27
Lead investments 161
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.49
Exits 142
Key employees 13
Stages of investment
Early Stage Venture
Late Stage Venture
Private Equity

Areas of investment

  • Software
  • Information Technology
  • Enterprise Software
  • SaaS
  • Health Care
Summary

Norwest Venture Partners appeared to be the VC, which was created in 1961. The company was established in North America in United States. The main office of represented VC is situated in the Palo Alto.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Norwest Venture Partners, startups are often financed by Spark Capital, Slow Ventures, Greylock Partners. The meaningful sponsors for the fund in investment in the same round are Shlomo Kramer, Sequoia Capital India, Sapphire Ventures. In the next rounds fund is usually obtained by Tenaya Capital, IVP (Institutional Venture Partners), DCM Ventures.

We also calculated 26 valuable employees in our database.

Among the most popular fund investment industries, there are Software, E-Commerce. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the various public portfolio startups of the fund, we may underline Lending Club, Rackspace, Jet.com Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund.

The high activity for fund was in 2019. Considering the real fund results, this VC is 16 percentage points more often commits exit comparing to other organizations. Comparing to the other companies, this Norwest Venture Partners performs on 8 percentage points less the average number of lead investments. The top amount of exits for fund were in 2014. The usual things for fund are deals in the range of 10 - 50 millions dollars. When the investment is from Norwest Venture Partners the average startup value is 500 millions - 1 billion dollars. The fund is generally included in 25-48 deals every year.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Norwest Venture Partners:
Typical Co-investors
Norwest Venture Partners is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Norwest Venture Partners:

Funds with similar focus

Funds from United States, Palo Alto
Funds with similar focus located in United States, Palo Alto:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRoundRound SizeDateInvestorsLocation

Petabyte Technology

Health Care
Veterinary
1
$15M07 Sep 2021 United States, Bellevue

VanMoof

Consumer
Consumer Goods
Electric Vehicle
Outdoors
1
$128M01 Sep 2021 Netherlands, Amsterdam

Bright

Video
Video Streaming
n/a
$15M26 Aug 2021 United States, Santa Monica

ICON

3D Printing
Advanced Materials
Blockchain
Computer
Construction
Finance
Manufacturing
Mechanical Design
Robotics
Software Engineering
1
$207M24 Aug 2021 Austin Texas United States

Mensa Brands

Venture Capital
n/a
$33M23 Aug 2021 Bengaluru India Karnataka

Enable

B2B
Cloud Data Services
Finance
SaaS
Software
1
$45M18 Aug 2021 United States, San Francisco

MindTickle

Enterprise Software
Gamification
SaaS
Sales Automation
Training
1
$100M05 Aug 2021 United States, San Francisco

Treeverse

Analytics
Big Data
Information Technology
Open Source
Software
1
$23M28 Jul 2021 Israel, Tel Aviv

Wiliot

Semiconductor
Wireless
1
$200M27 Jul 2021 Israel Tel Aviv District Tel Aviv-Yafo
News
Citcon Closes $30M Series C Funding

– Citcon received $30m in Series C financing led by Norwest Venture Partners and Cota Capital.
– The new funding will support the rapid addition of world-class staff and global expansion that builds on the company’s international presence on four continents.
– The company’s annualized payment volume is more than $1 billion, representing 300%+ year-on-year growth.
– Citcon’s global enterprise payments gateway allows merchants to participate in global commerce by enabling secure online or in-store transactions with more than 100 different payment methods, including mobile wallets, local payment schemes, and traditional credit cards — all through one single integration and reconciliation platform.

Elligo Health Research Inks $135M Series E

– Elligo Health Research, a healthcare-enabling research organization powered by the novel IntElligo technology, announced a $135m Series E financing round.
Morgan Stanley Expansion Capital and Ally Bridge Group participated in the financing round.
– The round was also participated by Norwest Venture Partners and all major existing investors, including Cerner, Hatteras Venture Partners, Noro-Moseley Partners, Piper Sandler Merchant Banking, Shumway Capital, and Syneos Health.
– This financing allows Elligo to invest further in its technology platform and leverage data in new ways to address current challenges in the clinical trial industry.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Norwest Venture Partners?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Crunchbase icon

Content report

The following text will be sent to our editors: