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Northwest Venture Associates

North America, Washington, United States, Spokane

Description

Northwest Venture Associates (NWVA) is a private equity firm headquartered in Spokane, Washington, distinguishing itself from traditional venture capital firms by focusing on more mature, established businesses. Founded with a mission to partner with experienced management teams, NWVA aims to build valuable enterprises through strategic growth initiatives, including internal expansion, mergers, and acquisitions. Their approach is rooted in a deep understanding of operational excellence and long-term value creation within the middle-market segment.

The firm primarily engages in management buyouts, recapitalizations, and growth equity investments. NWVA seeks out profitable companies with a proven track record, providing capital for ownership transitions, balance sheet restructuring, or expansion projects. They typically target companies with enterprise values ranging between $10 million and $100 million, indicating a preference for businesses that have achieved significant scale and market presence. This focus allows NWVA to apply its expertise in operational improvement and strategic guidance to accelerate growth and enhance profitability.

Regarding their investment size, Northwest Venture Associates typically deploys equity investments ranging from $3 million to $15 million in their portfolio companies. This substantial capital commitment is often complemented by their active involvement in strategic planning and governance, working closely with management to execute growth strategies. Their long-term perspective and hands-on approach are designed to support sustainable value creation, aiming to generate significant returns through the successful development and eventual exit of their portfolio companies.

Investor Profile

Northwest Venture Associates has backed more than 32 startups, with 0 new investments in the last 12 months alone. The firm has led 7 rounds, about 22% of its total and boasts 11 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, Information Technology, Mobile.
  • Typical check size: $3M – $15M.

Stage Focus

  • Series Unknown (31%)
  • Series B (31%)
  • Series A (22%)
  • Series C (9%)
  • Series D (3%)
  • Series E (3%)

Country Focus

  • United States (100%)

Industry Focus

  • Software
  • Information Technology
  • Mobile
  • Wireless
  • Internet
  • Communication Hardware
  • Network Hardware
  • Voip
  • Web Hosting
  • E-commerce
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Northwest Venture Associates frequently co-invest with?

SeaPoint Ventures
North America, Washington, United States, Seattle
Co-Investments: 3
Argo Global Capital
North America, Massachusetts, United States, Wakefield
Co-Investments: 3
OVP Venture Partners
North America, Washington, United States, Seattle
Co-Investments: 3
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Entrepia Ventures
North America, California, United States, Santa Clara
Co-Investments: 3
Fluke Venture Partners
North America, Washington, United States, Kirkland
Co-Investments: 4
Azure Capital Partners
North America, California, United States, San Francisco
Co-Investments: 4
Madrona
North America, Washington, United States, Seattle
Co-Investments: 7
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 4
Boulder Ventures
North America, Colorado, United States, Boulder
Co-Investments: 2

What are some of recent deals done by Northwest Venture Associates?

CareCloud

Somerset, New Jersey, United States

CareCloud, Inc., formerly MTBC, provides cloud-based technology-enabled software and services for medical practices in the US.

Cloud ComputingElectronic Health Record (EHR)Health CareInformation Technology
Series ASep 26, 2011
Amount Raised: $20,100,000
Vigilos

Seattle, Washington, United States

Vigilos offers security products that enable organizations to respond to operational events and physical incidents.

Information TechnologySecuritySoftware
Series UnknownApr 28, 2009
Amount Raised: $1,400,000
Action Engine

Foster City, California, United States

Action Engine is a software services.

AppsConsultingMobileSoftwareUX DesignWeb DesignWeb Development
Series EJul 1, 2007
Amount Raised: $20,000,000
World Wide Packets

Spokane, Washington, United States

World Wide Packets provides carrier Ethernet products and solutions in the United States.

Communication HardwareNetwork HardwareVoIPWeb Hosting
Series UnknownMay 29, 2007
Amount Raised: $7,500,000
SprayCool

Liberty Lake, Washington, United States

SprayCoo develops electronics thermal management and environmental isolation enclosure products.

HardwareHealth DiagnosticsSoftware
Series UnknownMar 7, 2007
Amount Raised: $10,000,000
Estorian

Bellevue, Washington, United States

Estorian is a provider of storage management solutions.

AnalyticsConsultingInformation Services
Series UnknownApr 27, 2006
Amount Raised: $4,500,000
Vigilos

Seattle, Washington, United States

Vigilos offers security products that enable organizations to respond to operational events and physical incidents.

Information TechnologySecuritySoftware
Series UnknownMar 30, 2006
Amount Raised: $6,000,000
IP Fabrics

Beaverton, Oregon, United States

IP Fabrics develops and supplies intelligent IP intercept probes and stand-alone intercept systems for network surveillance. 

ComputerGovernmentInformation TechnologySecurity
Series BMar 29, 2006
Amount Raised: $1,500,000
World Wide Packets

Spokane, Washington, United States

World Wide Packets provides carrier Ethernet products and solutions in the United States.

Communication HardwareNetwork HardwareVoIPWeb Hosting
Series DDec 5, 2005
Amount Raised: $25,500,000
MessageGate

Bellevue, Washington, United States

MessageGate offers enterprise e-mail governance software and services.

EmailInternetMessagingSoftware
Series BApr 18, 2005
Amount Raised: $5,000,000