Norwest Venture Partners
Norwest Venture Partners is a global technology venture capital firm founded in 1961 and based in California. It invests across venture and growth stages in the United States, India, Israel, and other markets, targeting software, cloud and IT infrastructure, information services, enterprise software and services, financial services, consumer products and healthcare. The firm backs entrepreneurs with capital plus an extensive network and operating experience to help scale their businesses. Since its inception it has backed hundreds of companies and manages a multi-billion-dollar portfolio, deploying capital in seed to growth rounds and across sectors that drive technology-enabled growth. Norwest emphasizes building lasting relationships with founders and mentoring teams through strategic guidance and market access to accelerate expansion and scale globally.
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Past deals in Home Decor
Pepperfry
Debt Financing in 2021
Pepperfry is an online home and lifestyle marketplace offering a wide range of furniture, home décor, kitchen and dining items, and pet supplies, sourced from around the world and including its own brand. The platform functions as a one-stop shop for decorating and outfitting living spaces, providing affordable options through a large catalog and a marketplace model. It supports customer convenience with services such as cash on delivery and free shipping, enabling shoppers to browse diverse categories and purchase home furnishings and décor in a seamless online experience.
Pepperfry
Series F in 2020
Pepperfry is an online home and lifestyle marketplace offering a wide range of furniture, home décor, kitchen and dining items, and pet supplies, sourced from around the world and including its own brand. The platform functions as a one-stop shop for decorating and outfitting living spaces, providing affordable options through a large catalog and a marketplace model. It supports customer convenience with services such as cash on delivery and free shipping, enabling shoppers to browse diverse categories and purchase home furnishings and décor in a seamless online experience.
Bumblebee Spaces
Series A in 2019
Bumblebee Spaces is a San Francisco-based company founded in 2017 that specializes in creating innovative home furnishings through robotics and artificial intelligence. The company's primary product is a modular ceiling system designed to address storage needs by utilizing smart robots and AI technology. This system allows users to store, manage, and retrieve objects on-demand within the ceiling space, effectively increasing usable living area. Bumblebee Spaces also offers a mobile application that enables users to move and preview stored items. The company's approach focuses on maximizing space efficiency by thinking in cubic feet rather than square feet, providing a novel solution for modern living spaces.
Modsy
Series C in 2019
Modsy is a home design company that leverages advanced 3D graphics and computer vision technology to offer personalized interior design solutions. Founded in 2015 and based in San Francisco, the company enables customers, including new homeowners, remodelers, and renters, to visualize inspirational designs and decor within their own spaces before making any changes. Modsy's software allows users to see how furniture and decor will look in their homes, providing tailored room layouts and recommendations. It also features a shoppable marketplace, allowing customers to purchase items directly from their design plans, thereby simplifying the home design process and eliminating guesswork for both home renovators and interior designers.
Casper
Series D in 2019
Casper Sleep Inc. is a company that designs and sells a variety of sleep products, including mattresses, pillows, sheets, duvets, and bedroom furniture. Founded in 2014 and headquartered in New York, the company aims to provide consumers with high-quality sleep solutions while eliminating inflated prices typically associated with traditional retail models. Casper's products are developed in-house by a team of experienced engineers, ensuring comfort and innovation. The company distributes its offerings through an e-commerce platform, a network of retail stores, and various retail partners across the United States, Canada, and Europe. In addition to its core product line, Casper also provides sleep accessories and technology, catering to the diverse needs of customers seeking better sleep.
Modsy
Series B in 2017
Modsy is a home design company that leverages advanced 3D graphics and computer vision technology to offer personalized interior design solutions. Founded in 2015 and based in San Francisco, the company enables customers, including new homeowners, remodelers, and renters, to visualize inspirational designs and decor within their own spaces before making any changes. Modsy's software allows users to see how furniture and decor will look in their homes, providing tailored room layouts and recommendations. It also features a shoppable marketplace, allowing customers to purchase items directly from their design plans, thereby simplifying the home design process and eliminating guesswork for both home renovators and interior designers.
Casper
Series C in 2017
Casper Sleep Inc. is a company that designs and sells a variety of sleep products, including mattresses, pillows, sheets, duvets, and bedroom furniture. Founded in 2014 and headquartered in New York, the company aims to provide consumers with high-quality sleep solutions while eliminating inflated prices typically associated with traditional retail models. Casper's products are developed in-house by a team of experienced engineers, ensuring comfort and innovation. The company distributes its offerings through an e-commerce platform, a network of retail stores, and various retail partners across the United States, Canada, and Europe. In addition to its core product line, Casper also provides sleep accessories and technology, catering to the diverse needs of customers seeking better sleep.
Pepperfry
Series E in 2016
Pepperfry is an online home and lifestyle marketplace offering a wide range of furniture, home décor, kitchen and dining items, and pet supplies, sourced from around the world and including its own brand. The platform functions as a one-stop shop for decorating and outfitting living spaces, providing affordable options through a large catalog and a marketplace model. It supports customer convenience with services such as cash on delivery and free shipping, enabling shoppers to browse diverse categories and purchase home furnishings and décor in a seamless online experience.
Modsy
Series A in 2016
Modsy is a home design company that leverages advanced 3D graphics and computer vision technology to offer personalized interior design solutions. Founded in 2015 and based in San Francisco, the company enables customers, including new homeowners, remodelers, and renters, to visualize inspirational designs and decor within their own spaces before making any changes. Modsy's software allows users to see how furniture and decor will look in their homes, providing tailored room layouts and recommendations. It also features a shoppable marketplace, allowing customers to purchase items directly from their design plans, thereby simplifying the home design process and eliminating guesswork for both home renovators and interior designers.
Pepperfry
Series D in 2015
Pepperfry is an online home and lifestyle marketplace offering a wide range of furniture, home décor, kitchen and dining items, and pet supplies, sourced from around the world and including its own brand. The platform functions as a one-stop shop for decorating and outfitting living spaces, providing affordable options through a large catalog and a marketplace model. It supports customer convenience with services such as cash on delivery and free shipping, enabling shoppers to browse diverse categories and purchase home furnishings and décor in a seamless online experience.
Casper
Series B in 2015
Casper Sleep Inc. is a company that designs and sells a variety of sleep products, including mattresses, pillows, sheets, duvets, and bedroom furniture. Founded in 2014 and headquartered in New York, the company aims to provide consumers with high-quality sleep solutions while eliminating inflated prices typically associated with traditional retail models. Casper's products are developed in-house by a team of experienced engineers, ensuring comfort and innovation. The company distributes its offerings through an e-commerce platform, a network of retail stores, and various retail partners across the United States, Canada, and Europe. In addition to its core product line, Casper also provides sleep accessories and technology, catering to the diverse needs of customers seeking better sleep.
Modsy
Seed Round in 2015
Modsy is a home design company that leverages advanced 3D graphics and computer vision technology to offer personalized interior design solutions. Founded in 2015 and based in San Francisco, the company enables customers, including new homeowners, remodelers, and renters, to visualize inspirational designs and decor within their own spaces before making any changes. Modsy's software allows users to see how furniture and decor will look in their homes, providing tailored room layouts and recommendations. It also features a shoppable marketplace, allowing customers to purchase items directly from their design plans, thereby simplifying the home design process and eliminating guesswork for both home renovators and interior designers.
Minted
Series D in 2014
Minted is a design platform that sources creative content from a global community of independent artists. It offers art, home decor, greeting cards, and stationery products, empowering consumers to vote for designs they love. Since its founding in 2007, Minted has expanded into various categories and serves major retailers through licensing partnerships.
Casper
Series A in 2014
Casper Sleep Inc. is a company that designs and sells a variety of sleep products, including mattresses, pillows, sheets, duvets, and bedroom furniture. Founded in 2014 and headquartered in New York, the company aims to provide consumers with high-quality sleep solutions while eliminating inflated prices typically associated with traditional retail models. Casper's products are developed in-house by a team of experienced engineers, ensuring comfort and innovation. The company distributes its offerings through an e-commerce platform, a network of retail stores, and various retail partners across the United States, Canada, and Europe. In addition to its core product line, Casper also provides sleep accessories and technology, catering to the diverse needs of customers seeking better sleep.
Pepperfry
Series C in 2014
Pepperfry is an online home and lifestyle marketplace offering a wide range of furniture, home décor, kitchen and dining items, and pet supplies, sourced from around the world and including its own brand. The platform functions as a one-stop shop for decorating and outfitting living spaces, providing affordable options through a large catalog and a marketplace model. It supports customer convenience with services such as cash on delivery and free shipping, enabling shoppers to browse diverse categories and purchase home furnishings and décor in a seamless online experience.
Casper
Seed Round in 2014
Casper Sleep Inc. is a company that designs and sells a variety of sleep products, including mattresses, pillows, sheets, duvets, and bedroom furniture. Founded in 2014 and headquartered in New York, the company aims to provide consumers with high-quality sleep solutions while eliminating inflated prices typically associated with traditional retail models. Casper's products are developed in-house by a team of experienced engineers, ensuring comfort and innovation. The company distributes its offerings through an e-commerce platform, a network of retail stores, and various retail partners across the United States, Canada, and Europe. In addition to its core product line, Casper also provides sleep accessories and technology, catering to the diverse needs of customers seeking better sleep.
Casper
Seed Round in 2014
Casper Sleep Inc. is a company that designs and sells a variety of sleep products, including mattresses, pillows, sheets, duvets, and bedroom furniture. Founded in 2014 and headquartered in New York, the company aims to provide consumers with high-quality sleep solutions while eliminating inflated prices typically associated with traditional retail models. Casper's products are developed in-house by a team of experienced engineers, ensuring comfort and innovation. The company distributes its offerings through an e-commerce platform, a network of retail stores, and various retail partners across the United States, Canada, and Europe. In addition to its core product line, Casper also provides sleep accessories and technology, catering to the diverse needs of customers seeking better sleep.
Pepperfry
Series B in 2013
Pepperfry is an online home and lifestyle marketplace offering a wide range of furniture, home décor, kitchen and dining items, and pet supplies, sourced from around the world and including its own brand. The platform functions as a one-stop shop for decorating and outfitting living spaces, providing affordable options through a large catalog and a marketplace model. It supports customer convenience with services such as cash on delivery and free shipping, enabling shoppers to browse diverse categories and purchase home furnishings and décor in a seamless online experience.
Pepperfry
Series A in 2011
Pepperfry is an online home and lifestyle marketplace offering a wide range of furniture, home décor, kitchen and dining items, and pet supplies, sourced from around the world and including its own brand. The platform functions as a one-stop shop for decorating and outfitting living spaces, providing affordable options through a large catalog and a marketplace model. It supports customer convenience with services such as cash on delivery and free shipping, enabling shoppers to browse diverse categories and purchase home furnishings and décor in a seamless online experience.
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