Norwest Venture Partners

Profile

Norwest Venture Partners is a venture capital and growth equity investment firm based in the United States, with a long history dating back to its founding in 1961. The firm operates with a diverse team of experienced professionals specializing in various sectors, aiming to provide strategic guidance alongside capital. Known for its thoughtful approach and deep industry connections, Norwest distinguishes itself by focusing on long-term partnerships with its portfolio companies and leveraging its broad network to add value beyond financial investment.

Norwest invests in a variety of sectors, including healthcare, consumer, enterprise, and financial services. The firm's investment range covers from growth equity to venture stages, focusing geographically across North America and selectively worldwide. While the specific AUM is not disclosed, Norwest manages a significant capital base across its investment funds. The firm partners with a wide array of LPs, including institutional investors and family offices.

Some notable investments in Norwest's portfolio include Calm, a wellness app focusing on meditation and sleep; Wrike, a work management platform acquired by Citrix; and Casamigos, a premium tequila brand co-founded by George Clooney, which was sold to Diageo. Other significant investments include Kendra Scott, a fashion and jewelry brand, and OpenDoor, a digital platform for real estate transactions. Norwest's ability to identify promising companies and foster their growth is a testament to its strategic investment philosophy and sector expertise.