Norwest Venture Partners’ $1.5 billion Fundraising

Cooley advised Norwest Venture Partners on the closing of its 14th fund at $1.5 billion – its largest to date.

The new fund targets disruptive and market-leading companies from seed to late-stage across the consumer, enterprise and healthcare sectors. The launch of Norwest Venture Partners XIV, which brings the firm’s total capital commitments to more than $7.5 billion, closes on the heels of a record two years, as 30 of the firm’s portfolio companies achieved notable liquidity events.

Norwest is a premier multi-stage investment firm managing more than $7.5 billion in capital. Since its inception, it has invested in 600+ companies and partnered with 140+ active companies across its venture and growth equity portfolio. The Firm, led by Jeffrey M. Crowe and Promod Haque, is based in Palo Alto (CA).

Cooley advised with a team including Nicole Peppe (Picture), Jim Fulton, Jeremy Naylor and Julie Rogers.

 

Involved fees earner: Nicole Peppe – Cooley LLP; Jim Fulton – Cooley LLP; Jeremy Naylor – Cooley LLP;

Law Firms: Cooley LLP;

Clients: Norwest Venture Partners;

 

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Author: Ambrogio Visconti