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Norwest Venture Partners
Multi-stage VC backed by Wells Fargo — $15B AUM
VC
Multi-stage
📍 Palo Alto, CA
Founded 1961
AUM
$16B
as of 2026-Q1
MID
Norwest Venture Partners was founded in 1961 and is one of the oldest VC firms in the US. Wholly-owned by Wells Fargo since 1986. Operates a multi-strategy fund spanning early-stage through growth and small buyout.
Firm Profile
Firm Type
VC
Subtype
Multi-stage
Founded
1961
HQ
Palo Alto, CA
Country
USA
Active Fund
Norwest XVII ($3.0B) · 2024
Notable Partners
Promod Haque
Jeff Crowe
Jon Kossow
Casper de Clercq
Portfolio Companies
(3)
uber
UBER
fivetran
palo alto networks
PANW
Investment Focus
Stages
Series A · Series B · Growth · Buyout
Sectors
Enterprise · Consumer · Healthcare
VC
Multi-Stage
Long-Tenured
Investor data reflects publicly disclosed AUM, fund sizes, and portfolio holdings as of 2026-Q1. Refreshed periodically.