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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?

JJG Machining Group

Anekal, Karnataka, India

JJG Machining Group manufactures and distributes automotive, industrial, and aerospace machining components.

AutomotiveIndustrialManufacturingMechanical EngineeringWholesale
Series BJan 31, 2026
Amount Raised: $30,000,000
Mia Labs

Austin, Texas, United States

Mia Labs is an Artificial intelligence employee to answer calls, schedule appointments, and provide assistance.

Artificial Intelligence (AI)Information Technology
Series AJan 22, 2026
Amount Raised: $20,000,000
Rain

New York, New York, United States

Rain is a fintech company that builds stablecoin-powered payment infrastructure, allowing businesses and individuals to use tokenized money.

BlockchainCryptocurrencyDecentralized Finance (DeFi)FinTechWeb3
Series CJan 9, 2026
Amount Raised: $250,000,000
Padmini VNA Mechatronics

Gurgaon, Haryana, India

Padmini VNA Mechatronics provides manufacturing services of advanced auto components.

AutomotiveCommercialMachinery ManufacturingManufacturingResidential
Private EquityDec 16, 2025
Amount Raised: $82,476,428
iRiva Medical

Minneapolis, Minnesota, United States

iRiva Medical is creating cutting-edge neuromodulation therapy.

HospitalMedicalTherapeutics
Series UnknownNov 4, 2025
Goyaz

Kukatpally, Andhra Pradesh, India

Goyaz is a premium jewelry brand that specializes in gold-plated silver jewelry.

Jewelry
Series AOct 29, 2025
Amount Raised: $14,730,708
Frontline Wildfire Defense

Jackson, Wyoming, United States

Frontline protects homes and businesses from wildfires using tracking software, satellite connectivity, and onsite sprinkler systems.

AppsConsumer ApplicationsPublic SafetySecurityService Industry
Series AOct 28, 2025
Amount Raised: $48,000,000
PSD Citywide

London, Ontario, Canada

PSD Citywide is a provider of enterprise asset management consulting and software.

Asset ManagementConsultingInformation TechnologySoftware
Series UnknownOct 21, 2025
Hyro

New York, New York, United States

Hyro is a plug-and-play conversational AI platform that enables enterprises to add voice and text capabilities to their digital channels.

Artificial Intelligence (AI)B2BGenerative AIHealth CareHealth InsuranceHospitalNatural Language ProcessingSaaSVirtual Assistant
Series UnknownOct 21, 2025
Amount Raised: $45,000,000
GAIM.FUN

Coventry, Coventry, United Kingdom

GAIM.FUN turn a single sentence into an explorale, fully interactive 3D environment,

Artificial Intelligence (AI)Developer Tools
SeedOct 6, 2025

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