Since then, Norwest has made nearly 50 new investments across a range of stages and industries, as well as hired and promoted several investment partners.įor over a decade, Norwest has expanded its growth equity practice to augment and diversify its strong record of venture investments. Norwest Venture Partners XV follows Norwest Venture Partners XIV, a $1.5 billion fund, which closed in February 2018. The launch of Norwest Venture Partners XV, which brings the firm’s total capital commitments to more than $9.5 billion, closes on the heels of a record two years, as 23 of the firm’s portfolio companies achieved notable liquidity events. The new $2 billion fund targets disruptive and market-leading companies from seed to late-stage across consumer, enterprise and healthcare sectors. PALO ALTO, Calif.-( BUSINESS WIRE)- Norwest Venture Partners, a leading venture and growth equity investment firm, today announced it has closed its largest fund to date, Norwest Venture Partners XV, LP.
