Norwest Venture Partners

Norwest Venture Partners, established in 1961, is a global venture capital and growth equity firm based in Palo Alto, California. With nearly $5 billion under management, the firm invests in early to late-stage companies across various sectors, including technology, business services, financial services, consumer products, and healthcare. Norwest focuses on providing capital and operational support to help CEOs and founders scale their businesses, with typical investments ranging from $10 million to $50 million, and sometimes up to $100 million for growth equity companies. The firm has invested in over 600 companies and currently partners with over 140 active companies across its portfolio.

Robert Abbott

Partner

Lauren Beauchamp

Vice President

Scott Beechuk

Partner

Katie Belding

Partner, Portfolio Services

Kurt Betcher

Administrative Partner, Portfolio Services

Laura Boyd

Principal, Head of Mergers Acquisitions and Capital Markets

Yoni Braun

Vice President

Shiv Chaudhary

Managing Director, Norwest India

Priti Youssef Choksi

Partner

Casper De Clercq

General Partner

Nathan Cohen

Vice President

Ran Ding

Partner

Matthew De Dominicis

Administrative Partner and CFO

David Glaser

Investor

Garrett Hardesty

Investor

Ryan Harris

General Partner

Sean Jacobsohn

Partner

Trey Jennings

Senior Associate

Krish Kapadia

Vice President

Sameer Kapur

Vice President, Growth Equity

Paul Kigawa

Investor

Nikhil Kookada

Vice President

Jordan Leites

Vice President

Charles Li

Associate

Sonia Li

Associate

Brian Matesic

Principal

JP McKeever

Investor

Scott Mitchell

Principal

Venkat Mohan

Operating Partner and Board Member

Brian Moon

Senior Associate

Dror Nahumi

General Partner

Michelle Nie

Investor

Connor Pike

Principal, Growth Equity

Ankit Prasad

Vice President

Irem Rami

Principal, Growth Equity and Venture

Ashwin Ravi

Associate

David Rudnitsky

Principal and CRO Operating Executive, Portfolio Services

Zack Scott

General Partner

Christopher Scullin

Vice President

Niren Shah

Managing Director and Head of Norwest India

Suraj Shah

Vice President

Chris Sondej

Principal, Growth Equity

Gabe Stauber

Vice President

Laurie Tennant

Principal, People Advisory

Sanchana Vasikaran

Investor

Kathryn Weinmann

Vice President

Lisa Wu

Partner

Jessica Yi

Vice President

Edward Yip

Partner

David Zilberman

General Partner

Dave Zilberman

General Partner

Past deals in ERP

ORO Labs

Series B in 2023
ORO Labs specializes in developing a procurement automation platform aimed at enhancing traditional procurement operations. The company's software focuses on streamlining enterprise spending on critical purchases and supplier interactions, which are often chaotic and complex. ORO Labs' platform offers a user-friendly experience that provides visibility into supplier risk and spending, along with comprehensive management of purchasing processes, legal formalities, and compliance. This enables modern companies to address their procurement needs efficiently and with agility.

RightRev

Series A in 2023
RightRev is a developer of an automated revenue recognition platform that enhances financial reporting accuracy and compliance for businesses. The solution integrates various processes, including customer relationship management and configure-price-quote tools, with revenue accounting and general ledger systems. This unified platform streamlines the management of revenue contracts, enabling finance professionals to track all aspects of sales and revenue reporting effectively. By facilitating adherence to accounting standards such as ASC 606 and IFRS 15, RightRev helps businesses minimize the risk of misstatements while ensuring transparency in their financial operations. The platform supports a wide range of revenue models, including subscriptions, one-time sales, services, and promotions, making it a versatile tool for sales operations and revenue management.

xpedeon

Series A in 2022
Xpedeon is a software company that specializes in providing integrated solutions tailored for the construction industry. By collaborating with major players in the sector, Xpedeon has developed an enterprise resource planning suite designed to meet the unique needs of building contractors, civil engineering firms, specialist contractors, and housebuilders. The company's software focuses on enhancing digital transformation within the construction and engineering industries, aiming to increase profitability and maximize margins for its users. Xpedeon stands out in the market by offering a comprehensive range of functionalities within a single solution, enabling construction businesses to drive efficiency and effectively scale their operations in a dynamic environment.

ORO Labs

Series A in 2022
ORO Labs specializes in developing a procurement automation platform aimed at enhancing traditional procurement operations. The company's software focuses on streamlining enterprise spending on critical purchases and supplier interactions, which are often chaotic and complex. ORO Labs' platform offers a user-friendly experience that provides visibility into supplier risk and spending, along with comprehensive management of purchasing processes, legal formalities, and compliance. This enables modern companies to address their procurement needs efficiently and with agility.

RightRev

Seed Round in 2021
RightRev is a developer of an automated revenue recognition platform that enhances financial reporting accuracy and compliance for businesses. The solution integrates various processes, including customer relationship management and configure-price-quote tools, with revenue accounting and general ledger systems. This unified platform streamlines the management of revenue contracts, enabling finance professionals to track all aspects of sales and revenue reporting effectively. By facilitating adherence to accounting standards such as ASC 606 and IFRS 15, RightRev helps businesses minimize the risk of misstatements while ensuring transparency in their financial operations. The platform supports a wide range of revenue models, including subscriptions, one-time sales, services, and promotions, making it a versatile tool for sales operations and revenue management.

Propel Software Solutions

Series C in 2021
PropelPLM is a provider of cloud-based Product Lifecycle Management (PLM) software designed to assist companies in their digital transformation efforts. The platform connects various stakeholders, systems, and processes involved in bringing products from concept to market. It serves as a centralized source of product information for the entire value chain, including sales and service teams, facilitating secure and transparent collaboration. This approach enables faster market delivery while enhancing customer satisfaction and meeting global compliance requirements. PropelPLM operates on the Salesforce platform, leveraging its modern cloud infrastructure to ensure a scalable and future-ready solution for businesses seeking to streamline their product development processes.

Zenoti

Series C in 2019
Zenoti is a provider of cloud-based software solutions tailored for the spa, salon, and med spa industries, founded in 2010 and headquartered in Bellevue, Washington. The company offers an all-in-one platform that supports both large chains and small to medium-sized businesses, enabling them to effectively manage operations and enhance performance. Its software includes features such as online appointment bookings, point-of-sale systems, customer relationship management, employee management, and inventory management. Additionally, Zenoti incorporates advanced technologies like artificial intelligence and predictive analytics to streamline reporting and marketing efforts. By facilitating omnichannel booking and contactless payments, Zenoti helps businesses reduce wait times and improve customer satisfaction, ultimately fostering growth and retention.

Propel Software Solutions

Series B in 2018
PropelPLM is a provider of cloud-based Product Lifecycle Management (PLM) software designed to assist companies in their digital transformation efforts. The platform connects various stakeholders, systems, and processes involved in bringing products from concept to market. It serves as a centralized source of product information for the entire value chain, including sales and service teams, facilitating secure and transparent collaboration. This approach enables faster market delivery while enhancing customer satisfaction and meeting global compliance requirements. PropelPLM operates on the Salesforce platform, leveraging its modern cloud infrastructure to ensure a scalable and future-ready solution for businesses seeking to streamline their product development processes.

Zenoti

Series B in 2016
Zenoti is a provider of cloud-based software solutions tailored for the spa, salon, and med spa industries, founded in 2010 and headquartered in Bellevue, Washington. The company offers an all-in-one platform that supports both large chains and small to medium-sized businesses, enabling them to effectively manage operations and enhance performance. Its software includes features such as online appointment bookings, point-of-sale systems, customer relationship management, employee management, and inventory management. Additionally, Zenoti incorporates advanced technologies like artificial intelligence and predictive analytics to streamline reporting and marketing efforts. By facilitating omnichannel booking and contactless payments, Zenoti helps businesses reduce wait times and improve customer satisfaction, ultimately fostering growth and retention.

Workday Adaptive Planning

Series G in 2015
Workday Adaptive Planning, a subsidiary of Workday, Inc., specializes in cloud-based corporate performance management and business intelligence solutions. Founded in 2003 and headquartered in Palo Alto, California, the company offers a comprehensive suite known as Adaptive Suite, which includes Adaptive Planning, Adaptive Consolidation, and Adaptive Reporting, among other tools. These solutions enable organizations to enhance their budgeting, forecasting, and reporting processes, fostering collaboration and informed decision-making across various business functions. With a focus on user-friendly interfaces and strong analytical capabilities, Workday Adaptive Planning serves a diverse range of industries, including healthcare, manufacturing, retail, and financial services. The company is recognized for its high customer satisfaction ratings in independent market surveys, underscoring its commitment to providing effective and scalable software solutions that meet the needs of businesses of all sizes.

Workday Adaptive Planning

Series F in 2013
Workday Adaptive Planning, a subsidiary of Workday, Inc., specializes in cloud-based corporate performance management and business intelligence solutions. Founded in 2003 and headquartered in Palo Alto, California, the company offers a comprehensive suite known as Adaptive Suite, which includes Adaptive Planning, Adaptive Consolidation, and Adaptive Reporting, among other tools. These solutions enable organizations to enhance their budgeting, forecasting, and reporting processes, fostering collaboration and informed decision-making across various business functions. With a focus on user-friendly interfaces and strong analytical capabilities, Workday Adaptive Planning serves a diverse range of industries, including healthcare, manufacturing, retail, and financial services. The company is recognized for its high customer satisfaction ratings in independent market surveys, underscoring its commitment to providing effective and scalable software solutions that meet the needs of businesses of all sizes.

Workday Adaptive Planning

Series E in 2012
Workday Adaptive Planning, a subsidiary of Workday, Inc., specializes in cloud-based corporate performance management and business intelligence solutions. Founded in 2003 and headquartered in Palo Alto, California, the company offers a comprehensive suite known as Adaptive Suite, which includes Adaptive Planning, Adaptive Consolidation, and Adaptive Reporting, among other tools. These solutions enable organizations to enhance their budgeting, forecasting, and reporting processes, fostering collaboration and informed decision-making across various business functions. With a focus on user-friendly interfaces and strong analytical capabilities, Workday Adaptive Planning serves a diverse range of industries, including healthcare, manufacturing, retail, and financial services. The company is recognized for its high customer satisfaction ratings in independent market surveys, underscoring its commitment to providing effective and scalable software solutions that meet the needs of businesses of all sizes.

Cast Iron

Series F in 2007
Cast Iron Systems, Inc. specializes in providing integration solutions for software as a service and cloud applications, catering primarily to large and midsize companies. The company offers the iA3000 application integration appliance, which facilitates network computing solutions. Additionally, Cast Iron provides preconfigured solutions designed to connect specific applications, along with packaged integration processes tailored for various integration scenarios. The company's offerings also include integration solutions specifically for SAP applications and Oracle applications and databases, enabling enterprises to streamline their application connectivity and enhance operational efficiency.

KACE Networks

Series B in 2006
KACE Networks, Inc. is a systems management appliance company headquartered in Mountain View, California, with additional offices in North America, Europe, and Asia. Founded in 2003, it specializes in providing solutions for managing desktops, laptops, and servers. The company's flagship product, the KBOX Systems Management Appliance, addresses a wide range of systems management needs, including initial discovery, computer inventory, software distribution, configuration management, patch management, security audits, asset management, help desk services, remote control, and reporting. KACE Networks also offers the KBOX Systems Deployment Appliance, which supports computer inventory assessment, operating system and application provisioning, migration, and recovery. Additionally, it provides Virtual KBOX Systems Management Appliances for virtual environments and AppDeploy, a resource for IT professionals focused on application and system deployment. The company's offerings include software license compliance, regulatory compliance, cross-platform management, virtualization management, and power management solutions. KACE Networks operates as a subsidiary of Dell Inc. since February 2010.

CollabNet

Series C in 2005
CollabNet, Inc. is a provider of cloud-based application lifecycle management solutions aimed at enhancing enterprise agility and governance. Founded in 1999 and headquartered in Alpharetta, Georgia, the company offers a range of products including TeamForge, an enterprise agile platform that streamlines user workflows, and CloudForge, which allows developers to code and deploy projects in various cloud environments. CollabNet also provides ScrumWorks Pro for agile planning, Subversion Edge for managing Subversion installations, and Enterprise Git for control and compliance in source code management. Additional offerings include GitEye, a graphical Git client, and various integration plugins to connect popular development tools. CollabNet serves diverse industries such as finance, government, and healthcare, and supports its clients with consulting, training, implementation, and hosted services. The company has a strategic partnership with Clarive Software and maintains a global presence with offices in locations including Texas, Singapore, Germany, India, Japan, South Korea, the Netherlands, and the United Kingdom.

CollabNet

Series C in 2003
CollabNet, Inc. is a provider of cloud-based application lifecycle management solutions aimed at enhancing enterprise agility and governance. Founded in 1999 and headquartered in Alpharetta, Georgia, the company offers a range of products including TeamForge, an enterprise agile platform that streamlines user workflows, and CloudForge, which allows developers to code and deploy projects in various cloud environments. CollabNet also provides ScrumWorks Pro for agile planning, Subversion Edge for managing Subversion installations, and Enterprise Git for control and compliance in source code management. Additional offerings include GitEye, a graphical Git client, and various integration plugins to connect popular development tools. CollabNet serves diverse industries such as finance, government, and healthcare, and supports its clients with consulting, training, implementation, and hosted services. The company has a strategic partnership with Clarive Software and maintains a global presence with offices in locations including Texas, Singapore, Germany, India, Japan, South Korea, the Netherlands, and the United Kingdom.

Corio

Series C in 1999
Corio is an enterprise Application Service Provider (ASP) that specializes in deploying and managing enterprise applications from leading software vendors, including Oracle, Siebel, and SAP. Founded in 1998 and headquartered in San Carlos, California, with an additional office in Phoenix, Arizona, the company offers a comprehensive product known as Applications on Demand 2005. This product encompasses a suite of applications management, infrastructure, and professional services. Corio's application management services provide essential support through the provision of computers, data center facilities, and networks necessary for the efficient operation of software applications. Additionally, the company delivers customer support, as well as application, security, and infrastructure management solutions, ensuring a robust framework for their clients' enterprise needs.

Corio

Series B in 1999
Corio is an enterprise Application Service Provider (ASP) that specializes in deploying and managing enterprise applications from leading software vendors, including Oracle, Siebel, and SAP. Founded in 1998 and headquartered in San Carlos, California, with an additional office in Phoenix, Arizona, the company offers a comprehensive product known as Applications on Demand 2005. This product encompasses a suite of applications management, infrastructure, and professional services. Corio's application management services provide essential support through the provision of computers, data center facilities, and networks necessary for the efficient operation of software applications. Additionally, the company delivers customer support, as well as application, security, and infrastructure management solutions, ensuring a robust framework for their clients' enterprise needs.

RightRev

RightRev is a developer of an automated revenue recognition platform that enhances financial reporting accuracy and compliance for businesses. The solution integrates various processes, including customer relationship management and configure-price-quote tools, with revenue accounting and general ledger systems. This unified platform streamlines the management of revenue contracts, enabling finance professionals to track all aspects of sales and revenue reporting effectively. By facilitating adherence to accounting standards such as ASC 606 and IFRS 15, RightRev helps businesses minimize the risk of misstatements while ensuring transparency in their financial operations. The platform supports a wide range of revenue models, including subscriptions, one-time sales, services, and promotions, making it a versatile tool for sales operations and revenue management.
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