Norwest Venture Partners
 |
|
| Private | |
| Industry | Venture capital |
| Founded | 1961 |
| Headquarters | Palo Alto & San Francisco, CA |
| Total assets | $6+ billion |
|
Number of employees
|
90 (2016) |
| Website | www.nvp.com |
Norwest Venture Partners (Norwest) is a venture and growth equity investment firm with approximately $6B in capital under management.
The firm targets early- to late-stage venture and growth equity investments across several sectors, including cloud computing and information technology, Internet and consumer, software as a service, business and financial services, and healthcare.
Headquartered in Palo Alto, California, Norwest has an office in San Francisco and subsidiaries in Mumbai and Bengaluru, India and Herzelia, Israel. The firm has funded more than 575 companies since inception. As of early 2016, the firm has approximately 130 active companies across its venture and growth equity portfolio.
In January 2016, the firm announced Norwest Venture Partners XIII, a $1.2B fund. NVP XIII marked Norwest's third consecutive $1.2B fund raised in fewer than six years.
In 2016, 14 of Norwest's portfolio companies went public or were acquired. The number includes four public offerings in the U.S., India and Israel and 10 company acquisitions.
Norwest provides resources to funded companies through its Portfolio Services group. Resources include strategies and services for employee talent and retention, market development, human resources, public relations and marketing, and operations. The group manages the Norwest Loop, an online community for company leaders to use for sharing information and experiences with each other and their Norwest contacts.
The Portfolio Services group also hosts events for Norwest-funded companies several times a year. Topics have included educational technology, demand generation strategies, employer branding, and an event series focused on female founders of companies.
...
Wikipedia