Norwest Venture Partners, a global venture capital and growth equity investment firm, formed its latest fund, Norwest Venture Partners XIII, LP.
The $1.2B fund, which brings the firm’s total capital and commitments to more than $6 billion, makes targets seed and Series A to late stage venture and growth equity investments in companies across a wide range of sectors including technology (cloud & IT infrastructure, Internet & consumer, SaaS), business services, financial services, consumer, and healthcare.
Led among others by Promod Haque, senior managing partner, Jeff Crowe, managing partner, and Matthew Howard, managing partner, Norwest Venture Partners is headquartered in Palo Alto, California, with offices in San Francisco and New York and subsidiaries in Mumbai and Bengaluru in India, and Herzelia, Israel.
Beyond capital, the firm provides such portfolio services in the areas of Talent and Retention, Business Development, HR Advisory, PR and Marketing, Operations Strategy, Norwest events and The Loop, an online community for Norwest portfolio companies.
Norwest has invested in more than 575 companies since inception, and currently has over 130 active companies across its venture and growth equity portfolio.