VC  Norwest Venture Partners

http://www.nvp.com





     Office Locations:

525 University Avenue, Suite 800
Palo Alto, CA 94301-1922
Phone: 650-321-8000

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Stages:

  • Early
  • Seed


 

Industries:

  • Business Services
  • Communications & Networking
  • Consumer Products & Services
  • Information Technology
  • Life Sciences & Healthcare
  • Software & Internet

  •  

    Description:

    Founded in 1961, Norwest Venture Partners (NVP) manages nearly $7.5 billion in venture capital and has funded over 500 companies. The firm provides capital to seed-stage and early-stage companies with a general goal to invest between $10 million and $15 million in its companies over time. Norwest sometimes begins with a smaller amount (as little as $1 million to $5 million), and may invest as much as $25 to $30 million. For growth equity companies, NVP aims to invest between $15 million and $50 million (and up to $100 million) in fast growing companies with strong market positions, significant revenue and net income traction. NVP invests in both listed and unlisted companies. The investment focus of Norwest Venture Partners is technology (cloud & IT infrastructure, Internet & consumer, SaaS), business services, financial services, consumer products/services, and healthcare. In May of 2014, the firm announced the formation of its latest fund, Norwest Venture Partners XII, LP with $1.2B.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Casper De Clercq General Partner
    Dr. Ryan A. Harris General Partner
    Dror Nahumi Partner
    George J. Still Managing Partner
    Jeffrey Crowe Managing Partner

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      06/13/2018


      OpenDoor


      CA


      $325,000,000


      Series E


      05/14/2018


      Qventus


      CA


      $30,000,000


      Series B


      04/05/2018


      6 River Systems


      MA


      $25,000,000


      Series B


     

    Portfolio companies include:


      6 River Systems
        web link


      OpenDoor
        web link


      Qventus
        web link


     

    Recent News: