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Norwest Venture Partners

North America, California, United States, Palo Alto

Description

Norwest Venture Partners is a highly established and prominent multi-stage venture and growth equity investment firm based in Palo Alto, California. With a substantial capital base exceeding $12.5 billion under management, Norwest has a long history of backing innovative companies across various stages of their development. The firm is recognized for its comprehensive investment approach, spanning from early-stage ventures to late-stage growth equity opportunities, demonstrating a flexible and adaptable strategy to support companies throughout their lifecycle.

The firm's investment strategy is notably broad, targeting disruptive and market-leading companies across key sectors including enterprise, consumer, and healthcare. Norwest's initial investments are remarkably flexible, ranging from as little as $100,000 for seed-stage companies to over $100 million for more mature growth equity opportunities. This wide check size range allows Norwest to engage with a diverse portfolio of businesses, from nascent startups seeking initial capital to established enterprises requiring significant growth funding. Their sector-agnostic yet focused approach within these broad categories enables them to identify and nurture promising ventures with high growth potential.

Beyond capital infusion, Norwest Venture Partners emphasizes a partnership approach, leveraging its extensive network, operational expertise, and strategic guidance to help portfolio companies scale and achieve market leadership. The firm's commitment extends to providing resources for talent acquisition, market expansion, and strategic planning, aiming to foster sustainable growth and long-term success. This hands-on, value-add philosophy, combined with their significant financial backing and multi-stage investment capability, positions Norwest as a formidable and attractive partner for entrepreneurs seeking to build enduring businesses.

Investor Profile

Norwest Venture Partners has backed more than 970 startups, with 38 new investments in the last 12 months alone. The firm has led 383 rounds, about 39% of its total and boasts 202 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, India, Israel.
  • Strong thematic focus on Software, Information Technology, Health Care.
  • Led 18 rounds in the past year.
  • Typical check size: $100K – $100M.

Stage Focus

  • Series B (21%)
  • Series A (19%)
  • Series C (18%)
  • Series Unknown (12%)
  • Series D (11%)
  • Seed (8%)
  • Series E (5%)
  • Private Equity (3%)
  • Series F (2%)
  • Debt Financing (1%)

Country Focus

  • United States (83%)
  • India (12%)
  • Israel (2%)
  • Canada (1%)
  • China (1%)

Industry Focus

  • Software
  • Information Technology
  • Health Care
  • Saas
  • Enterprise Software
  • E-commerce
  • Artificial Intelligence (Ai)
  • Internet
  • Analytics
  • Financial Services
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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 Norwest Venture Partners frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 39
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 26
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 37
Battery Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 29
Accel
North America, California, United States, Palo Alto
Co-Investments: 41
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 27
Redpoint
North America, California, United States, Menlo Park
Co-Investments: 27
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 38
Storm Ventures
North America, California, United States, Menlo Park
Co-Investments: 23
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 22

Which angels does Norwest Venture Partners often collaborate with?

TW
North America, California, United States, San Francisco
Shared Deals: 2
CM
North America, North Carolina, United States, Charlotte
Shared Deals: 2
MB
North America, California, United States, San Francisco
Shared Deals: 2
BG
North America, Washington, United States, Seattle
Shared Deals: 2
OL
North America, California, United States
Shared Deals: 2
RC
North America, California, United States
Shared Deals: 2
EH
North America, California, United States, San Francisco
Shared Deals: 2
KM
North America, Colorado, United States, Denver
Shared Deals: 2
BB
North America, California, United States, San Francisco
Shared Deals: 2
Shlomo Kramer
Asia, Tel Aviv, Israel, Tel Aviv
Shared Deals: 9

What are some of recent deals done by Norwest Venture Partners?

Flyhomes

Seattle, Washington, United States

Flyhomes provides a real estate brokerage platform that helps clients through the entire home buying process.

Financial ServicesFinTechPropTechReal EstateReal Estate Brokerage
Series DJul 30, 2025
Amount Raised: $15,000,000
lakeFS

Santa Monica, California, United States

LakeFS is a developer of a scalable data version control system

AnalyticsBig DataInformation TechnologyOpen SourceSoftware
Series BJul 29, 2025
Amount Raised: $20,000,000
Lumana

Palo Alto, California, United States

Lumana is a AI-powered video surveillance and safety technology that provides unparalleled visibility in any area.

Artificial Intelligence (AI)SecuritySoftwareVideo
Series AJul 29, 2025
Amount Raised: $40,000,000
Avalyn Pharma

Seattle, Washington, United States

Avalyn Pharma is a biopharma company developing therapies for the treatment of idiopathic pulmonary fibrosis and other respiratory diseases.

BiopharmaBiotechnologyMedicalPharmaceutical
Series DJul 22, 2025
Amount Raised: $100,000,000
Wisq

Redwood City, California, United States

Wisq is the Agentic HR Platform behind the first AI HR Generalist and HRLM, founded by the Glint team and backed by $55M.

AppsInformation TechnologySoftware
Series AJul 1, 2025
Amount Raised: $15,000,000
Argus Systems

San Francisco, California, United States

Argus Systems builds data and evaluation infrastructure for robotics and physical AI

Artificial Intelligence (AI)RoboticsSoftware
Pre SeedJun 23, 2025
Amount Raised: $3,000,000
Sedai

Pleasanton, California, United States

Sedai delivers AI-powered cloud cost optimization and performance tuning for cloud teams to maximize savings and improve customer experience

Cloud ComputingCloud ManagementDeveloper ToolsDevOpsInformation TechnologySaaSSoftware
Series BJun 16, 2025
Amount Raised: $20,000,000
Mosanna Therapeutics

Redwood City, California, United States

Mosanna Therapeutics develops a nasal spray for treating obstructive sleep apnea.

BiotechnologyPharmaceuticalTherapeutics
Series AJun 9, 2025
Amount Raised: $80,000,000
Pepperfry

Mumbai, Maharashtra, India

Pepperfry is an online home and lifestyle shopping store that offers and sells a wide selection of furniture and home merchandise.

E-CommerceFurnitureHome ImprovementLifestyle
Series UnknownJun 2, 2025
Amount Raised: $5,069,715
IKF Finance

Hyderabad, Andhra Pradesh, India

IKF Finance provider of asset management services designed to provide financial services.

Asset ManagementFinanceFinancial Services
Private EquityMay 15, 2025
Amount Raised: $171,455,027