Healthcare

Empower
healthcare
innovation

ELISE SMITH
Founder and CEO, Praxis Labs
Seed investment in 2021

VIJAY MENON
Founder & CEO, Butter Payments
Series A investment in 2022

Healthcare

Empower
healthcare
innovation

ELIZABETH IORNS
CEO & Founder, Science Exchange
Series C investment in 2017

MURTHY SIMHAMBHATLA
President & CEO, SetPoint Medical
Preferred financing investment in 2023

Our Approach

Norwest Venture Partners is a diversified, global, multi-stage investment firm that manages $12.5 billion in capital and has funded more than 650 companies since inception. Our healthcare team is focused on early to mid-stage venture capital and growth equity investments across a wide range of healthcare verticals such as biotech, medical devices and diagnostics, healthcare services, healthcare software and tech-enabled services.

AT A GLANCE:

Venture Capital

We seek out development and early commercial stage companies across therapeutic, medical device and early to mid-stage venture opportunities across healthcare technology and services sectors. We invest from $1M in seed-stage up to $50 million in later-stage companies with strong growth potential, exceptional management teams, proven and innovative business models or initial revenue traction.

Growth Equity

We typically invest between $30 million and $150 million in each transaction. We partner with fast-growing companies with strong market positions, proven management teams, significant revenue and net income traction.

Value Add

We collaborate closely with our management teams on key operational and strategic issues to collectively drive increased shareholder value. We help our portfolio companies with: reimbursement, regulatory issues, business development, sales, M&A, product development, market expansion, recruiting and marketing.

Life
Sciences

Biotech

Novel therapies for the treatment of human diseases, including small molecules, biologics, and cell/gene therapies. Preclinical to clinical-stage companies treating rare and common diseases.

Medical Devices
& Diagnostics

Medical devices, implantables, diagnostics, and tools used to treat disease and improve health. Pre FDA approval to commercial stage MedTech companies across disease states.

Healthcare Services
& Technology

Services

Primary and specialty care providers, value-based care enablement, managed care organizations, and services for Life Sciences companies including contract research and manufacturing.

Technology

Software and tech-enabled services for patients, healthcare providers, managed care organizations, employers, and Life Sciences companies.

Healthcare Investments

BIOTECH:

MEDICAL DEVICES & DIAGNOSTICS :

SERVICES:

TECHNOLOGY:

Healthcare Investments

BIOTECH:

MEDICAL DEVICES & DIAGNOSTICS :

SERVICES:

TECHNOLOGY:

Meet our Team

General Partner

Venture

Healthcare Services and Technology, Medical Devices and Diagnostics

General Partner

Growth Equity

Healthcare Services and Technology

General Partner

Venture

Biotech

General Partner

Venture

Medical Devices and Diagnostics

Principal

Venture

Biotech

Principal

Growth Equity, Venture

Healthcare Services and Technology

Vice President

Growth Equity

Healthcare Services and Technology

Vice President

Growth Equity

Healthcare Services and Technology

Vice President, Talent

Growth Equity, Venture, Portfolio Services

Biotech, Healthcare Services and Technology, Medical Devices and Diagnostics

Investor

Venture

Biotech, Medical Devices and Diagnostics

Investor

Growth Equity

Healthcare Services and Technology

Investor

Venture

Healthcare Services and Technology, Medical Devices and Diagnostics

Investor

Venture

Biotech

Investor

Growth Equity

Healthcare Services and Technology

Investor

Venture

Healthcare Services and Technology, Medical Devices and Diagnostics

Investor

Venture

Biotech

Investor

Growth Equity

Healthcare Services and Technology

Investor

Growth Equity

Healthcare Services and Technology