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Norwest Portfolio Companies

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

Last updated: June 2026

Norwest Investment Overview

Portfolio Companies
230
Total Invested
$6.5B
Average Investment
$53.9M

Norwest's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
Socrates.AI, Inc.2022Series AUndisclosedSan Francisco
SourceDay2022Series C$31.5MAustin
Amplication2022Seed$6.6MTel Aviv
ElasticRun2022Series E$300.0MPune
Dremio2022Series E$160.0MSanta Clara
The Breakaway2022Seed$2.8MTruckee
Ermetic - a Tenable company2021Series B$70.0MTel Aviv
Exabeam2021Series Unknown$1.0MFoster City
Elevate Research2021Series A$15.0MMinnesota City
Babylist2021Series C$40.0MEmeryville

Complete List of Norwest Portfolio Companies (230)

Export
#CompanyStageAmountLocation
176Socrates.AI, Inc.Series AUndisclosedSan Francisco, United States
177SourceDaySeries C$31.5MAustin, United States
178AmplicationSeed$6.6MTel Aviv, Israel
179ElasticRunSeries E$300.0MPune, India
180DremioSeries E$160.0MSanta Clara, United States
181The BreakawaySeed$2.8MTruckee, United States
182Ermetic - a Tenable companySeries B$70.0MTel Aviv, Israel
183ExabeamSeries Unknown$1.0MFoster City, United States
184Elevate ResearchSeries A$15.0MMinnesota City, United States
185BabylistSeries C$40.0MEmeryville, United States
Artificial Intelligence (AI)Human ResourcesInternetMachine LearningSoftware

Socrates AI brings deep expertise in Artificial Intelligence.

San Francisco, United States
February 2022
Series A

Founder Contacts

19,000+ verified contacts

Enterprise SoftwareInformation TechnologyMarketplaceProcurementService IndustrySoftwareSupply Chain Management

AI-driven purchase order (PO) collaboration and supplier portal chosen by leading ERP systems.

Austin, United States
February 2022
$31.5M
Series C

Founder Contacts

19,000+ verified contacts

Software

Open Source Low-Code Application Development Platform

Tel Aviv, Israel
February 2022
$6.6M
Seed

Founder Contacts

19,000+ verified contacts

E-CommerceE-Commerce PlatformsLogistics

ElasticRun provides a logistics and distribution platform designed to help businesses reach traditionally unserviced consumers.

Pune, India
February 2022
$300.0M
Series E

Founder Contacts

19,000+ verified contacts

AnalyticsBig DataBusiness IntelligenceMachine LearningSoftware

The Intelligent Lakehouse Platform

Santa Clara, United States
January 2022
$160.0M
Series E

Founder Contacts

19,000+ verified contacts

AppsCyclingFitnessTrainingWellness

The Breakaway is a cycling training app that offers personalized coaching, performance analysis, and progress tracking for cyclists.

Truckee, United States
January 2022
$2.8M
Seed

Founder Contacts

19,000+ verified contacts

Cloud ManagementCloud SecurityCyber SecurityIdentity ManagementSaaS

Tenable is a cloud-native application protection platform company that helps prevent breaches by analyzing configurations across identities.

Tel Aviv, Israel
December 2021
$70.0M
Series B

Founder Contacts

19,000+ verified contacts

AnalyticsArtificial Intelligence (AI)Big DataCloud SecurityCyber SecurityMachine LearningSoftware

Exabeam is a global leader in intelligence and automation that powers security operations. Learn more at www.exabeam.com.

Foster City, United States
December 2021
$1.0M
Series Unknown

Founder Contacts

19,000+ verified contacts

ComputerRestaurantsRetailSoftware

Elevate Research offers a platform that enables restaurants and retailers to survey customers.

Minnesota City, United States
December 2021
$15.0M
Series A

Founder Contacts

19,000+ verified contacts

BabyE-CommerceHealth CareInternetMarketplaceParentingToys

Babylist is an online platform that offers baby registry for expecting parents and products such as toys, baby care, and clothing.

Emeryville, United States
November 2021
$40.0M
Series C

Founder Contacts

19,000+ verified contacts

DevOpsInformation TechnologyProductivity ToolsSoftware

Prodly helps companies build and continuously improve business applications faster, more reliably, and more frequently.

Palo Alto, United States
October 2021
$10.0M
Series A

Founder Contacts

19,000+ verified contacts

AnalyticsHealth CareMedicalPersonal Health

NextHealth is a healthcare analytics solution that tells you what works, how well, and for whom.

Denver, United States
September 2021
$3.0M
Debt Financing

Founder Contacts

19,000+ verified contacts

Cloud InfrastructureEnterprise SoftwareSaaSSoftware

Propel helps product teams work smarter, faster and collaborate better with product value management (PVM) software.

Santa Clara, United States
September 2021
$20.0M
Series C

Founder Contacts

19,000+ verified contacts

Internet of ThingsSemiconductorWireless

Wiliot is an IoT company that develops self-powered tags that can be attached to products and packaging to sense a range of data.

Caesarea, Israel
July 2021
$200.0M
Series C

Founder Contacts

19,000+ verified contacts

AdvertisingAnalyticsSaaS

Singular, a marketing intelligence platform, unifies marketing analytics, giving marketers actionable insights from previously siloed data

San Francisco, United States
July 2021
Non Equity Assistance

Founder Contacts

19,000+ verified contacts

ConstructionHome ServicesProject ManagementReal Estate

Abodu builds no-compromise backyard homes that expand a property's livable space.

San Francisco, United States
July 2021
$20.0M
Series A

Founder Contacts

19,000+ verified contacts

Human ResourcesInformation TechnologySoftware

Pequity is a compensation-management software platform that helps organizations streamline pay decisions and promote pay equity.

San Francisco, United States
June 2021
$15.5M
Series A

Founder Contacts

19,000+ verified contacts

BeautyCosmeticsE-CommerceSales

MAЁLYS is breaking the mold of the body care industry with a unique combination of data, marketing, and product innovation

New York, United States
May 2021
$30.0M
Series A

Founder Contacts

19,000+ verified contacts

ComputerCyber SecurityNetwork Security

Cynet is an autonomous breach protection platform that provides a single, enterprise-grade solution for the internal network.

Boston, United States
March 2021
$40.0M
Series C

Founder Contacts

19,000+ verified contacts

Health CareMedicalMedical Device

DeVoro Medical is a developer of a medical device intended to restore blood flow.

Fremont, United States
June 2020
Series B

Founder Contacts

19,000+ verified contacts

Employee BenefitsHealth CareHealth InsuranceInsuranceSoftware

Apostrophe offers an intelligent health benefits platform that delivers benefits for less money to self-insured employers of any size.

Denver, United States
June 2020
$9.6M
Series Unknown

Founder Contacts

19,000+ verified contacts

Financial ServicesFinTechHealth CareMedical

VisitPay equips healthcare distributors with tools and insights to manage the complexities of the patient receivables market.

Boise, United States
November 2019
$3.7M
Series B

Founder Contacts

19,000+ verified contacts

ConsultingOutsourcing

Science Exchange provides life sciences procurement and supplier management SaaS solutions.

Palo Alto, United States
October 2019
$20.0M
Series Unknown

Founder Contacts

19,000+ verified contacts

Document ManagementInformation TechnologySecuritySoftware

Paperflip secures and organizes your important business documents.

San Mateo, United States
October 2019
$1.0M
Seed

Founder Contacts

19,000+ verified contacts

AnalyticsBig DataCloud Data ServicesData ManagementEnterprise SoftwareMachine Learning

Qubole is a simple and secure data lake platform for machine learning, streaming, and ad-hoc analytics.

Santa Clara, United States
August 2019
$2.9M
Series E

Founder Contacts

19,000+ verified contacts

Showing 176-200 of 230 portfolio companies

Frequently Asked Questions About Norwest

How many companies has Norwest invested in?

Norwest has invested in 230 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Norwest invest in?

Norwest's top investment sectors include Software, Analytics, Health Care, Machine Learning, Information Technology. The firm invests across 63 different industry categories.

What is Norwest's largest investment?

Among tracked funding rounds, ElasticRun received $300.0M in a Series E round. Norwest's total known invested capital is $6.5B.

What is the average investment size for Norwest?

Norwest's average investment size is $53.9M across its portfolio of 230 companies.

What are Norwest's most recent investments?

Recent Norwest portfolio additions include Socrates.AI, Inc., SourceDay, Amplication, ElasticRun, Dremio. These companies were founded in 2020 or later.

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