Norwest Venture Partners

NVP Associates, LLC is a venture capital and private equity firm based in Palo Alto, California, specializing in a diverse range of investment stages and sectors. Established in 1961, the firm focuses on seed, startup, early, mid, and late-stage investments in both listed and unlisted companies, with particular emphasis on technology, healthcare, consumer products, and financial services. NVP Associates seeks to invest between $10 million and $150 million, depending on the stage and nature of the investment, often leading or co-investing with other firms. The firm has a global investment strategy, concentrating on markets in the Asia-Pacific region, the United States, India, Israel, and China. Its portfolio spans various industries, including medical devices, information technology, enterprise software, and digital health. NVP Associates aims to support companies with strong growth potential, leveraging its extensive network and operational expertise to foster development and achieve significant returns.

Mohammad Abbas

Investor

Robert Abbott

Partner

Ryan Abdullah

Analyst

Ehi Akhirome

Investor

Bayan Alizadeh

Investor

Gal Amran

Investor

Tiba Aynechi Ph.D

General Partner

Parker Barrile

Partner and Co-Head of Consumer

Lauren Beauchamp

Growth Equity Investor

Scott Beechuk

Partner

Katie Belding

Partner, Portfolio Services

Kurt Betcher

Administrative Partner

Jordan Booker

Investor

Laura E. Boyd

Principal, Head of Mergers Acquisitions and Capital Markets

Yoni Braun

Vice President

Shiv Chaudhary

Managing Director

Priti Youssef Choksi

Partner

Casper De Clercq

General Partner

Nathan Cohen

Vice President

Elaine Dai

Associate

Ran Ding

Partner

Matthew De Dominicis

Partner and CFO

Michael D’Arrigo

Investor

Philip Fleischman

Vice President

David Glaser

Investor

Anubha Goyal

Investor, Norwest India

Ken Graham

Investor

Aidan Greenstein

Investor

Guillermo Grimaldo

Investor

Promod Haque

Co-Founder and Managing Partner

Garrett Hardesty

Investor

Ryan Harris

General Partner

Matthew Howard

Managing Partner

Sean Jacobsohn

Partner

Trey Jennings

Senior Associate

Krish Kapadia

Vice President, Norwest India

Paul Kigawa

Investor

Nikhil Kookada

Principal, Norwest India

Parul Laddha

Investor, Norwest India

Jordan Leites

Associate

Sam Lesser

Investor

Sonia Li

Investor

Charles Li

Associate

Brian Matesic

Principal

Cassie McHenry

Investor

JP McKeever

Investor

John McNeil

Investor

Scott Mitchell

Vice President

Venkat Mohan

Operating Partner and Board Member

Dror Nahumi

General Partner

Michelle Nie

Venture Investor

Ginny Pan

Investor

Connor Pike

Vice President

Ankit Prasad

Principal, Norwest India

Irem Rami

Principal, Growth Equity and Venture

Ashwin Ravi

Associate

David Rudnitsky

Principal and CRO Operating Executive, Portfolio Services

Gabrielle Rush

Investor

Samuel Saldarriaga

Investor

Umang Sanghvi

Investor, Norwest India

Christopher Scullin

Principal, Growth and Equity

Suraj Shah

Investor

Niren Shah

Managing Director and Head of Norwest India

Jordan Siegal

Associate

Chris Sondej

Vice President

Gabe Stauber

Vice President

David Su

Partner

Laurie Tennant

Principal, People Advisory

Matthew Uthupan

Investor

Sanchana Vasikaran

Investor

Vidushi Verma

Investor, Norwest India

Kathryn Weinmann

Vice President

Jessica Yi

Vice President of Enterprise Ventures Team and Tech Venture

Edward Yip

Partner

Michael Zarian

Investor

Justin Zhang

Investor

David Zilberman

General Partner

Dave Zilberman

General Partner

Past deals in Online Portals

CityMall

Series C in 2022
CityMall is a social e-commerce platform that facilitates the sale of lifestyle and essential products through peer-to-peer referrals on WhatsApp. The company aims to provide customers with a convenient and affordable shopping experience, offering a diverse range of products, including groceries and fashion items, at competitive prices. CityMall enhances the customer experience with services such as free home delivery and easy returns, allowing users to save time and money while shopping. The platform has attracted funding from notable angel investors, including industry figures from Citrus Pay and Xiaomi.

Enable

Series B in 2021
Enable International Limited specializes in rebate management software and serves as a collaboration platform aimed at enhancing the performance of B2B deals. Founded in 2000 and headquartered in Stratford-upon-Avon, United Kingdom, the company provides tools that facilitate the negotiation of deals, central management of trade agreements, and oversight of receivables. By promoting financial transparency and operational efficiency, Enable seeks to transform how B2B deals are structured, managed, and evaluated, ultimately fostering mutually beneficial growth for all parties involved in trading relationships.

OfBusiness

Series D in 2021
OfBusiness is a technology-driven platform designed to enhance the procurement and financing processes for small and medium enterprises (SMEs) in India. By integrating e-commerce with a robust product fulfillment engine, OfBusiness provides businesses with better access to raw materials at competitive prices and optimized timelines. The platform focuses on delivering a seamless experience for its users, allowing them to concentrate on their core operations. OfBusiness addresses key challenges in the B2B sector, including logistics, credit, and information flow, by managing end-to-end logistics and offering credit solutions through partnerships with non-banking financial companies. With a team that has extensive experience across various industrial sectors, OfBusiness is committed to understanding and meeting the needs of its customers, ultimately facilitating better operational efficiency for SMEs in the manufacturing and infrastructure domains.

CityMall

Seed Round in 2020
CityMall is a social e-commerce platform that facilitates the sale of lifestyle and essential products through peer-to-peer referrals on WhatsApp. The company aims to provide customers with a convenient and affordable shopping experience, offering a diverse range of products, including groceries and fashion items, at competitive prices. CityMall enhances the customer experience with services such as free home delivery and easy returns, allowing users to save time and money while shopping. The platform has attracted funding from notable angel investors, including industry figures from Citrus Pay and Xiaomi.

VisitPay

Series B in 2019
VisitPay LLC is a company that specializes in online patient revenue management solutions, designed to help patients manage their healthcare accounts independently. The platform provides a comprehensive financial engagement tool that consolidates billing information from various healthcare providers and health plans, allowing patients to easily view, verify, and pay their medical bills. By integrating with multiple billing systems, VisitPay enhances the collection of outstanding balances owed by patients, thereby improving revenue for hospitals and health systems. The company also offers a suite of self-pay solutions, including business intelligence, reporting tools, and consulting services aimed at optimizing self-pay management practices. Founded in 2010 and headquartered in Boise, Idaho, VisitPay has an additional office in Lehi, Utah.

Science Exchange

Venture Round in 2019
Science Exchange, Inc. operates an online marketplace designed to facilitate collaboration between researchers and scientific service providers, including academic and government laboratories. Founded in 2011 and headquartered in Palo Alto, California, the platform allows researchers to search for scientific services, compare pricing, and access quality testimonials, streamlining the procurement process. Additionally, Science Exchange offers an enterprise dynamic report tool that helps pharmaceutical and biotechnology companies track key performance indicators related to their outsourced research and development investments. By automating various collaborative tasks such as obtaining quotes, managing projects, and processing payments, the marketplace enhances R&D productivity while ensuring data security and regulatory compliance.

Science Exchange

Debt Financing in 2019
Science Exchange, Inc. operates an online marketplace designed to facilitate collaboration between researchers and scientific service providers, including academic and government laboratories. Founded in 2011 and headquartered in Palo Alto, California, the platform allows researchers to search for scientific services, compare pricing, and access quality testimonials, streamlining the procurement process. Additionally, Science Exchange offers an enterprise dynamic report tool that helps pharmaceutical and biotechnology companies track key performance indicators related to their outsourced research and development investments. By automating various collaborative tasks such as obtaining quotes, managing projects, and processing payments, the marketplace enhances R&D productivity while ensuring data security and regulatory compliance.

OfBusiness

Series D in 2019
OfBusiness is a technology-driven platform designed to enhance the procurement and financing processes for small and medium enterprises (SMEs) in India. By integrating e-commerce with a robust product fulfillment engine, OfBusiness provides businesses with better access to raw materials at competitive prices and optimized timelines. The platform focuses on delivering a seamless experience for its users, allowing them to concentrate on their core operations. OfBusiness addresses key challenges in the B2B sector, including logistics, credit, and information flow, by managing end-to-end logistics and offering credit solutions through partnerships with non-banking financial companies. With a team that has extensive experience across various industrial sectors, OfBusiness is committed to understanding and meeting the needs of its customers, ultimately facilitating better operational efficiency for SMEs in the manufacturing and infrastructure domains.

College Pulse

Seed Round in 2019
College Pulse Inc. is a company that specializes in creating a student-centered opinion platform aimed at aggregating and sharing student perspectives on college campuses. Based in the United States, the platform allows students to conduct surveys within their communities, providing insights into campus life and educational experiences. By merging social applications with institutional research methodologies, College Pulse gathers valuable data on student opinions, enabling educational institutions to access this information efficiently and cost-effectively. The platform serves as a resource for understanding campus dynamics and trends, ultimately fostering informed decision-making among students and administrators alike.

Opendoor

Series E in 2019
Opendoor operates an online real estate marketplace designed to simplify the home buying and selling process. Founded in 2014 and based in San Francisco, California, the platform allows sellers to receive offers without the need for listing or showing their homes, thereby eliminating the typical hassles associated with traditional sales. Buyers can browse available properties and gain instant access through the company's application, facilitating a seamless transaction experience. Opendoor generates revenue primarily from home sales, alongside additional income from various real estate services.

Opendoor

Series E in 2018
Opendoor operates an online real estate marketplace designed to simplify the home buying and selling process. Founded in 2014 and based in San Francisco, California, the platform allows sellers to receive offers without the need for listing or showing their homes, thereby eliminating the typical hassles associated with traditional sales. Buyers can browse available properties and gain instant access through the company's application, facilitating a seamless transaction experience. Opendoor generates revenue primarily from home sales, alongside additional income from various real estate services.

VisitPay

Series A in 2017
VisitPay LLC is a company that specializes in online patient revenue management solutions, designed to help patients manage their healthcare accounts independently. The platform provides a comprehensive financial engagement tool that consolidates billing information from various healthcare providers and health plans, allowing patients to easily view, verify, and pay their medical bills. By integrating with multiple billing systems, VisitPay enhances the collection of outstanding balances owed by patients, thereby improving revenue for hospitals and health systems. The company also offers a suite of self-pay solutions, including business intelligence, reporting tools, and consulting services aimed at optimizing self-pay management practices. Founded in 2010 and headquartered in Boise, Idaho, VisitPay has an additional office in Lehi, Utah.

Science Exchange

Series C in 2017
Science Exchange, Inc. operates an online marketplace designed to facilitate collaboration between researchers and scientific service providers, including academic and government laboratories. Founded in 2011 and headquartered in Palo Alto, California, the platform allows researchers to search for scientific services, compare pricing, and access quality testimonials, streamlining the procurement process. Additionally, Science Exchange offers an enterprise dynamic report tool that helps pharmaceutical and biotechnology companies track key performance indicators related to their outsourced research and development investments. By automating various collaborative tasks such as obtaining quotes, managing projects, and processing payments, the marketplace enhances R&D productivity while ensuring data security and regulatory compliance.

OfBusiness

Series B in 2016
OfBusiness is a technology-driven platform designed to enhance the procurement and financing processes for small and medium enterprises (SMEs) in India. By integrating e-commerce with a robust product fulfillment engine, OfBusiness provides businesses with better access to raw materials at competitive prices and optimized timelines. The platform focuses on delivering a seamless experience for its users, allowing them to concentrate on their core operations. OfBusiness addresses key challenges in the B2B sector, including logistics, credit, and information flow, by managing end-to-end logistics and offering credit solutions through partnerships with non-banking financial companies. With a team that has extensive experience across various industrial sectors, OfBusiness is committed to understanding and meeting the needs of its customers, ultimately facilitating better operational efficiency for SMEs in the manufacturing and infrastructure domains.

Opendoor

Series D in 2016
Opendoor operates an online real estate marketplace designed to simplify the home buying and selling process. Founded in 2014 and based in San Francisco, California, the platform allows sellers to receive offers without the need for listing or showing their homes, thereby eliminating the typical hassles associated with traditional sales. Buyers can browse available properties and gain instant access through the company's application, facilitating a seamless transaction experience. Opendoor generates revenue primarily from home sales, alongside additional income from various real estate services.

Sulekha

Private Equity Round in 2015
Sulekha.com New Media Private Limited is a prominent digital platform that connects consumers with local service providers in India. Established in 2002 and headquartered in Chennai, the company focuses on various service categories, including home and office solutions, home improvement, education, professional services, travel, health, and events. Sulekha's platform caters to non-resident Indians (NRIs) and local small and medium-sized businesses (SMBs), facilitating a marketplace where users can find and engage with service providers based on their specific needs. With a growing user base and an extensive network of active local businesses, Sulekha captures millions of user needs annually, making it one of India's largest digital marketplaces for local services. The company leverages technology, including an AI-based mobile application, to enhance user experience and streamline service fulfillment for both consumers and businesses.

Sulekha

Series C in 2015
Sulekha.com New Media Private Limited is a prominent digital platform that connects consumers with local service providers in India. Established in 2002 and headquartered in Chennai, the company focuses on various service categories, including home and office solutions, home improvement, education, professional services, travel, health, and events. Sulekha's platform caters to non-resident Indians (NRIs) and local small and medium-sized businesses (SMBs), facilitating a marketplace where users can find and engage with service providers based on their specific needs. With a growing user base and an extensive network of active local businesses, Sulekha captures millions of user needs annually, making it one of India's largest digital marketplaces for local services. The company leverages technology, including an AI-based mobile application, to enhance user experience and streamline service fulfillment for both consumers and businesses.

iProf

Series B in 2014
iProf Learning Solutions India Pvt. Ltd. is a digital education provider based in Noida, India, specializing in a comprehensive library of educational resources. Established in 2009, the company delivers video lectures, notes, customized tests, and individual assessments tailored for various academic and competitive examinations, including engineering and medical entrance tests. iProf's advanced Android-based application allows students to access content both online and offline, making it convenient for learners to study without an internet connection. The company also offers a unique 24/7 Teacher on Call service, enabling students to seek assistance from educators at any time. With a focus on providing quality educational materials for students from class IX to XII and preparation for exams like IIT JEE, AIPMT, and CA-CPT, iProf has established itself as a leading player in India's digital education landscape.

Pontis

Series D in 2012
Pontis operates through its primary product, the Marketing Delivery Platform (MDP) for Communication Service Providers (CSPs). This marketing software system supports real time, automatic execution and fulfillment of personal and contextual marketing activities across platforms and customer touch points. By constantly tracking customers behaviour, preferences and response to offers; automating dynamic execution of marketing activities in response to these parameters; and allowing event-based, contextual dialogue with customers; the Pontis MDP has been proven to deliver Mobile, TV and fix line service providers double digit improvements in ARPU, service adoption and customer retention, while improving customer experience.

iProf

Series A in 2011
iProf Learning Solutions India Pvt. Ltd. is a digital education provider based in Noida, India, specializing in a comprehensive library of educational resources. Established in 2009, the company delivers video lectures, notes, customized tests, and individual assessments tailored for various academic and competitive examinations, including engineering and medical entrance tests. iProf's advanced Android-based application allows students to access content both online and offline, making it convenient for learners to study without an internet connection. The company also offers a unique 24/7 Teacher on Call service, enabling students to seek assistance from educators at any time. With a focus on providing quality educational materials for students from class IX to XII and preparation for exams like IIT JEE, AIPMT, and CA-CPT, iProf has established itself as a leading player in India's digital education landscape.

Sulekha

Series B in 2011
Sulekha.com New Media Private Limited is a prominent digital platform that connects consumers with local service providers in India. Established in 2002 and headquartered in Chennai, the company focuses on various service categories, including home and office solutions, home improvement, education, professional services, travel, health, and events. Sulekha's platform caters to non-resident Indians (NRIs) and local small and medium-sized businesses (SMBs), facilitating a marketplace where users can find and engage with service providers based on their specific needs. With a growing user base and an extensive network of active local businesses, Sulekha captures millions of user needs annually, making it one of India's largest digital marketplaces for local services. The company leverages technology, including an AI-based mobile application, to enhance user experience and streamline service fulfillment for both consumers and businesses.

Suvidhaa

Series B in 2010
Suvidhaa is a prominent player in the payment and remittances sector, serving as a leading aggregator of various services such as utility bill collection, insurance premiums, mobile and DTH recharges, travel ticketing, and money transfer services. Operating through a network of 80,000 franchise outlets across India, Suvidhaa has transformed the payment landscape by providing a unified platform for multiple transactions. The company's S-Commerce® Platform supports over 300 service providers, enabling them to connect with customers effectively. Additionally, Suvidhaa offers marketplace technology services to small and medium enterprises, helping drive foot traffic to their physical stores. The company's comprehensive range of services includes financial services, e-voucher trading, and website development, catering to the diverse needs of retail customers.

Pontis

Series C in 2009
Pontis operates through its primary product, the Marketing Delivery Platform (MDP) for Communication Service Providers (CSPs). This marketing software system supports real time, automatic execution and fulfillment of personal and contextual marketing activities across platforms and customer touch points. By constantly tracking customers behaviour, preferences and response to offers; automating dynamic execution of marketing activities in response to these parameters; and allowing event-based, contextual dialogue with customers; the Pontis MDP has been proven to deliver Mobile, TV and fix line service providers double digit improvements in ARPU, service adoption and customer retention, while improving customer experience.

StarCite

Venture Round in 2008
StarCite's online business-to-business software and services allow corporations to purchase and manage products and services related to their company meetings and events.

Suvidhaa

Series A in 2008
Suvidhaa is a prominent player in the payment and remittances sector, serving as a leading aggregator of various services such as utility bill collection, insurance premiums, mobile and DTH recharges, travel ticketing, and money transfer services. Operating through a network of 80,000 franchise outlets across India, Suvidhaa has transformed the payment landscape by providing a unified platform for multiple transactions. The company's S-Commerce® Platform supports over 300 service providers, enabling them to connect with customers effectively. Additionally, Suvidhaa offers marketplace technology services to small and medium enterprises, helping drive foot traffic to their physical stores. The company's comprehensive range of services includes financial services, e-voucher trading, and website development, catering to the diverse needs of retail customers.

Kriyari

Seed Round in 2006
Kriyari owns and operates Web-site for online shopping. Its site collects, organizes, and displays the information of various stores and brands. The company's site allows the consumers to find storefronts by content, category, or store name; and its tagging system allows consumers to identify stores, as well as maintain lists of storefronts. Kriyari, Inc. was founded in 2006 and is based in Palo Alto, California.

Sulekha

Series A in 2006
Sulekha.com New Media Private Limited is a prominent digital platform that connects consumers with local service providers in India. Established in 2002 and headquartered in Chennai, the company focuses on various service categories, including home and office solutions, home improvement, education, professional services, travel, health, and events. Sulekha's platform caters to non-resident Indians (NRIs) and local small and medium-sized businesses (SMBs), facilitating a marketplace where users can find and engage with service providers based on their specific needs. With a growing user base and an extensive network of active local businesses, Sulekha captures millions of user needs annually, making it one of India's largest digital marketplaces for local services. The company leverages technology, including an AI-based mobile application, to enhance user experience and streamline service fulfillment for both consumers and businesses.

AltoWeb

Series C in 2002
AltoWeb solution is a software -like intranet developed by Vincent Graux the leadership of national and international audits (DVNI).

OneChannel

Series C in 2000
OneChannel.net is a growing, web-based provider of e-commerce information management services and metrics for manufacturers and etailers, helping them efficiently manage their use of the Internet as a sales channel.

Avolent

Series C in 2000
Avolent, Inc. provides application software for electronic billing and settlement process. It offers electronic billing and payment application that provides a Web-based self-service solution for billing and payment needs. The company's software is used for bill presentment, online reprint, member reconciliation, user-defined line item grouping, backend system synchronization, consolidation, and batch print. Avolent, Inc. also offers implementation, systems integration, technical support, and training services. The company serves healthcare, leasing/financial, insurance, distribution/manufacturing, and communications industries. Avolent, Inc. has strategic alliances with Accenture, Ariba, Sterling Commerce, Trizetto, SAP NetWeaver, and Vengroff, Williams & Associates, Inc.

AltoWeb

Series B in 2000
AltoWeb solution is a software -like intranet developed by Vincent Graux the leadership of national and international audits (DVNI).

eFORCE

Series B in 2000
eFORCE is a global provider of strategic eBusiness solutions in the areas of B2B, B2C, Corporate Portals and Mobile Commerce.

OneChannel

Series B in 1999
OneChannel.net is a growing, web-based provider of e-commerce information management services and metrics for manufacturers and etailers, helping them efficiently manage their use of the Internet as a sales channel.

Avolent

Series B in 1998
Avolent, Inc. provides application software for electronic billing and settlement process. It offers electronic billing and payment application that provides a Web-based self-service solution for billing and payment needs. The company's software is used for bill presentment, online reprint, member reconciliation, user-defined line item grouping, backend system synchronization, consolidation, and batch print. Avolent, Inc. also offers implementation, systems integration, technical support, and training services. The company serves healthcare, leasing/financial, insurance, distribution/manufacturing, and communications industries. Avolent, Inc. has strategic alliances with Accenture, Ariba, Sterling Commerce, Trizetto, SAP NetWeaver, and Vengroff, Williams & Associates, Inc.

Avolent

Series A in 1998
Avolent, Inc. provides application software for electronic billing and settlement process. It offers electronic billing and payment application that provides a Web-based self-service solution for billing and payment needs. The company's software is used for bill presentment, online reprint, member reconciliation, user-defined line item grouping, backend system synchronization, consolidation, and batch print. Avolent, Inc. also offers implementation, systems integration, technical support, and training services. The company serves healthcare, leasing/financial, insurance, distribution/manufacturing, and communications industries. Avolent, Inc. has strategic alliances with Accenture, Ariba, Sterling Commerce, Trizetto, SAP NetWeaver, and Vengroff, Williams & Associates, Inc.
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