Investor profile

Norwest Venture Partners

VC

USINILCAAUSGOtherB2B SaaSAI/MLFintechHealthtechConsumerMarketplacesEnterpriseBio/PharmaCybersecurityDeep Tech

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Investment thesis

Norwest Venture Partners is a global venture and growth equity investment firm managing more than $15.5 billion in capital. Founded in 1961, the firm employs a diversified, multi-stage, multi-sector investment strategy — backing early- to late-stage businesses across enterprise, consumer, and healthcare sectors, with a primary focus on North America, India, and Israel. The venture team writes checks of $1M–$30M, while the growth equity team deploys $20M–$200M in established, capital-efficient businesses via minority investments, recapitalizations, buyouts, and special situations. Norwest's approach centers on long-term partnership with visionary founders and CEOs, offering deep operational expertise, an extensive network, and hands-on portfolio services spanning talent, go-to-market, product, and corporate development. As stated by Senior Managing Partner Jeff Crowe: 'Our diversified investment strategy, long-term commitment and collaborative approach allows us to adapt to a wide range of market conditions and support founders and CEOs at every stage of their journey.'

Notable quotes

For more than six decades, we have been fortunate to partner with an incredible set of companies. Our diversified investment strategy, long-term commitment and collaborative approach allows us to adapt to a wide range of market conditions and support founders and CEOs at every stage of their journey.

Jeff Crowe · Norwest press release / PR Newswire · 2024-04-25

Our experienced team helps portfolio companies navigate hyper-growth phases and challenging economic environments. The team we've built represents our commitment to finding the next category-defining companies and supporting them with value-creation services and resources as they scale their businesses.

Jon Kossow · Norwest press release / PR Newswire · 2024-04-25

As devoted customers, it was apparent to us that Vuori had built versatile products with tremendous energy and soul. This is exactly the type of positive brand experience we search for in our consumer investments, and we look forward to supporting Joe and the team as they continue to bring new products to market and delight their customers.

Jon Kossow · MR Magazine – Vuori growth equity investment announcement · 2019-01-01

Team

Jeff Crowe

Senior Managing Partner

EnterpriseConsumerB2B SaaS

Jon Kossow

Managing Partner

ConsumerGrowth EquityMarketplaces

Promod Haque

General Partner

EnterpriseB2B SaaSDeep Tech

Tiba Aynechi, Ph.D.

General Partner

HealthtechBio/Pharma

Casper de Clercq

Venture Partner

EnterpriseB2B SaaSAI/ML

Scott Beechuk

Partner

B2B SaaSEnterpriseDevtools

Recent investments

CompanyRoundSizeDate
GongSeries D$200m2021-01-01
VuoriGrowth Equity2019-01-01
VAST DataSeries E$118m2023-01-01
WorkatoSeries E$200m2022-01-01
LlamaIndexSeries A$19m2024-01-01
RainSeries C$250m2026-01-09
Orion SecuritySeries A$32m2026-02-03
SetPoint MedicalSeries F$145m2023-01-01
SwiggyIPO2024-11-01
YipitDataPE Recapitalization2023-01-01

Frequent co-investors

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