[2] The firm targets early to late-stage venture and growth equity investments across several sectors, including cloud computing and information technology, Internet, SaaS, business and financial services, and healthcare.
Headquartered in Menlo Park, California, Norwest has offices in San Francisco and subsidiaries in Mumbai, India and Tel Aviv, Israel.
[4] The Northwest Growth Fund grew under the leadership of CEO Robert Zicarelli, including the opening of an office in Silicon Valley.
[8] In February 2018, the firm announced Norwest Venture Partners XIV, a $1.5B fund, in which Wells Fargo is a major investor.
[13] Notable investments for Norwest include: Adaptive Insights,[14] Avetta,[15] Casper,[16] Dairy Queen,[17] Cray[17] Dave,[18] Kendra Scott,[19] Opendoor,[20] Plaid,[21] Spotify,[22] Uber,[22] Talkspace,[23] Udemy,[24] and Vuori.