Norwest Venture Partners

Norwest Venture Partners is a venture capital and growth equity firm founded in 1961 and headquartered in California, with a presence in Menlo Park and Palo Alto. It backs technology-driven companies across stages, from seed to growth, primarily in the United States, with extensions into India and Israel. The firm invests in sectors including software, information services, business services, financial services, healthcare, enterprise technology, and consumer products and services. Norwest emphasizes a proactive, partnership-based approach, leveraging its extensive network, operating experience, and a broad range of resources to help CEOs and founders scale their businesses. Across its portfolio, Norwest has supported hundreds of companies through multiple rounds of financing, aiming to partner with teams that demonstrate strong market position, revenue traction, and durable growth potential. The firm seeks to combine capital with strategic guidance, enabling portfolio companies to accelerate product development, go-to-market execution, and international expansion where appropriate.

Mohammad Abbas

Investor

Robert Abbott

Partner

Ehi Akhirome

Investor

Bayan Alizadeh

Investor

Gal Amran

Investor

Past deals in Health Care

Nuvig Therapeutics

Series B in 2024
Nuvig Therapeutics focuses on developing innovative therapies aimed at restoring immune homeostasis and rebalancing immune function. The company is dedicated to creating a pipeline of novel immune therapeutics specifically targeting chronic inflammatory and autoimmune diseases. By harnessing natural mechanisms to modulate immune responses, Nuvig seeks to enhance treatment options for patients, ultimately improving their health outcomes.

Zenas BioPharma

Series C in 2024
Zenas BioPharma is a clinical-stage biopharmaceutical company focused on developing immune-based therapies for autoimmune and immune-mediated diseases. Based in Florida, United States, the company advances biologic programs and aims to modulate B cell–driven pathology. Its lead product candidate, obexelimab, is a bifunctional monoclonal antibody designed to bind both CD19 and FcγRIIb on B cells, thereby inhibiting harmful immune activity without depleting B cells.

ElderCare

Seed Round in 2024
ElderCare: AI-Powered Elderly Care Platform Executive Summary ElderCare is a cutting-edge platform that leverages artificial intelligence to revolutionize elderly care, creating a seamless bridge between seniors, caregivers, and family members. Our solution addresses the growing global challenge of aging populations by providing intelligent, real-time care solutions that enhance safety, improve quality of life, and offer peace of mind to families. Platform Overview Mission Statement To transform elderly care through innovative AI technology, ensuring dignity, safety, and independence for seniors while providing families with reliable, real-time care management solutions. Core Technology Components 1. Intelligent Monitoring System - Advanced fall detection algorithms - Real-time health vital tracking - Behavioral pattern analysis - Anomaly detection and early warning system - Emergency response integration 2. Smart Care Management Platform - Automated health trend analysis - Personalized care recommendations - Medication management and reminders - Activity monitoring and reporting - Sleep pattern analysis 3. Family Connection Hub - Real-time status dashboard - Instant alert notifications - Secure video communication - Care history documentation - Remote monitoring capabilities Key Benefits For Seniors - Enhanced independence and dignity - Immediate response to emergencies - Proactive health monitoring - Improved quality of life - Maintained privacy with non-intrusive monitoring For Families - Real-time peace of mind - Reduced anxiety and stress - Immediate notification of incidents - Remote care participation - Data-driven care decisions For Caregivers - Streamlined care management - Evidence-based decision making - Reduced administrative burden - Enhanced communication tools - Improved care coordination Technical Innovation AI Integration - Machine learning algorithms for pattern recognition - Predictive analytics for health trends - Natural language processing for voice commands - Computer vision for movement analysis - Deep learning for behavioral understanding Safety Features - 24/7 automated monitoring - Multi-sensor integration - Emergency service integration - Backup power systems - Data encryption and privacy protection Market Impact Current Challenges Addressed - Rising elderly population - Caregiver shortage - High cost of traditional care - Family separation - Limited healthcare resources Competitive Advantages 1. Advanced AI technology integration 2. Comprehensive care solution 3. User-friendly interface 4. Scalable platform architecture 5. Evidence-based care approaches Future Development Roadmap 1. Enhanced AI capabilities 2. Integration with healthcare providers 3. Extended IoT device compatibility 4. International market expansion 5. Advanced predictive care features Vision To become the global standard in AI-powered elderly care, creating a world where seniors can age gracefully with dignity while staying connected to their loved ones through intelligent technology. Social Impact - Improving elderly care accessibility - Reducing healthcare costs - Supporting aging in place - Strengthening family connections - Enhancing care quality standards

Regency Healthcare

Secondary Market in 2023
Regency Healthcare which started as Regency Hospital was the first, Multi-Specialty Tertiary Care Corporate Hospital in Uttar Pradesh. The Hospital was established in 1995 with a view to fill the wide gap between the demand of high quality medical services and actually available services on ground. In a span of 20 years, the hospital has been able to establish a distinct identity for delivering super specialty medical services to Kanpur, surrounding cities & rural areas.

Regency Healthcare

Venture Round in 2023
Regency Healthcare which started as Regency Hospital was the first, Multi-Specialty Tertiary Care Corporate Hospital in Uttar Pradesh. The Hospital was established in 1995 with a view to fill the wide gap between the demand of high quality medical services and actually available services on ground. In a span of 20 years, the hospital has been able to establish a distinct identity for delivering super specialty medical services to Kanpur, surrounding cities & rural areas.

HighFive Healthcare

Private Equity Round in 2023
HighFive Healthcare is a practice management service provider that provides healthcare management for dentistry practices. The company's services include targeted marketing, online scheduling, electronic check-in to surveys, and other associated services, allowing dentists to operate their business more efficiently and provide patients with superior dental care.

Elevate

Series B in 2023
Elevate is an automated, AI-powered platform designed to modernize consumer-directed employee benefits. It serves as an API-enabled benefit account solution for account administrators, including benefit platforms, financial institutions, health plans, and third-party administrators. Elevate's technology supports health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs), offering a comprehensive and reliable service. The platform is utilized by thousands of employers and supports hundreds of thousands of American workers and their families in managing their benefits efficiently.

Monogram Health

Series C in 2023
Monogram Health provides specialized in-home care services for patients with chronic conditions like kidney disease. Founded in 2019, the company uses evidence-based clinical services and innovative technology to improve patient outcomes and lower healthcare costs. It partners with leading health plans across 34 states.

Nanopath

Series A in 2022
Nanopath is a molecular diagnostics company that develops innovative platforms for rapid disease diagnosis. Its technology enables point-of-care testing, eliminating the need for nucleic acid amplification and supporting multiplexed detection. This allows patients and healthcare providers to access accurate diagnostic results within standard office visits, improving healthcare outcomes.

Qventus

Private Equity Round in 2022
Qventus is an AI-powered software platform that optimizes hospital operations using real-time data analytics. The platform predicts issues, provides immediate recommendations, and prompts action by clinical and operations teams across emergency departments, operating rooms, preoperative areas, inpatient and outpatient settings, patient safety, and pharmacy. By turning data into actionable insights, it reduces manual work, improves patient flow, and optimizes resource use to unlock capacity and support hospital revenue. Based in Los Altos, California, Qventus was formerly analyticsMD

Elevate

Series A in 2021
Elevate is an automated, AI-powered platform designed to modernize consumer-directed employee benefits. It serves as an API-enabled benefit account solution for account administrators, including benefit platforms, financial institutions, health plans, and third-party administrators. Elevate's technology supports health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs), offering a comprehensive and reliable service. The platform is utilized by thousands of employers and supports hundreds of thousands of American workers and their families in managing their benefits efficiently.

Monogram Health

Series B in 2021
Monogram Health provides specialized in-home care services for patients with chronic conditions like kidney disease. Founded in 2019, the company uses evidence-based clinical services and innovative technology to improve patient outcomes and lower healthcare costs. It partners with leading health plans across 34 states.

Mindful Health Solutions

Venture Round in 2021
Mindful Health Solutions is a behavioral health care provider focused on offering comprehensive psychiatric treatments for individuals experiencing mental health challenges, including depression, anxiety, OCD, ADHD, PTSD, and memory disorders. The company delivers a range of outpatient services, including psychotherapy, medication management, and advanced interventional psychiatry techniques such as transcranial magnetic stimulation (TMS) and ketamine infusion therapy. With a commitment to improving clinical outcomes, Mindful Health Solutions provides both virtual and in-person care to effectively address the diverse needs of its patients.

Monogram Health

Series A in 2020
Monogram Health provides specialized in-home care services for patients with chronic conditions like kidney disease. Founded in 2019, the company uses evidence-based clinical services and innovative technology to improve patient outcomes and lower healthcare costs. It partners with leading health plans across 34 states.

VisitPay

Series B in 2019
VisitPay LLC is a company that specializes in online patient revenue management solutions, enabling patients to manage their financial accounts effectively. Founded in 2010 and headquartered in Boise, Idaho, with an additional office in Lehi, Utah, VisitPay provides a patient-centered financial engagement platform. This platform consolidates billing information across various healthcare providers and health plans, allowing patients to view, verify, and pay their medical bills with greater clarity. It integrates with multiple billing systems, enhancing the collection process for hospitals and health systems. VisitPay also offers a comprehensive Self-Pay Engine, which includes business intelligence, reporting tools, and consulting services aimed at optimizing self-pay management practices. Through its offerings, the company assists healthcare organizations in managing self-pay receivables, improving payment processes, and implementing effective financial strategies.

Health Catalyst

Debt Financing in 2019
Health Catalyst is a technology company that specializes in data and analytics solutions for healthcare organizations. The company offers a platform that organizes, normalizes, and links health-related data from various systems, making it accessible and searchable for all users, including those without technical expertise. Health Catalyst operates through two main segments: the Technology segment, which generates the majority of its revenue through cloud-based subscriptions, time-based licenses, and maintenance fees for its data platforms and analytics applications; and the Professional Services segment, which provides a range of services including analytics, implementation, strategic advisory, and outsourcing to help clients optimize their use of the technology. By integrating and analyzing healthcare data, Health Catalyst aims to enhance decision-making and improve outcomes in the healthcare sector.

Health Catalyst

Series F in 2019
Health Catalyst is a technology company that specializes in data and analytics solutions for healthcare organizations. The company offers a platform that organizes, normalizes, and links health-related data from various systems, making it accessible and searchable for all users, including those without technical expertise. Health Catalyst operates through two main segments: the Technology segment, which generates the majority of its revenue through cloud-based subscriptions, time-based licenses, and maintenance fees for its data platforms and analytics applications; and the Professional Services segment, which provides a range of services including analytics, implementation, strategic advisory, and outsourcing to help clients optimize their use of the technology. By integrating and analyzing healthcare data, Health Catalyst aims to enhance decision-making and improve outcomes in the healthcare sector.

Qventus

Series B in 2018
Qventus is an AI-powered software platform that optimizes hospital operations using real-time data analytics. The platform predicts issues, provides immediate recommendations, and prompts action by clinical and operations teams across emergency departments, operating rooms, preoperative areas, inpatient and outpatient settings, patient safety, and pharmacy. By turning data into actionable insights, it reduces manual work, improves patient flow, and optimizes resource use to unlock capacity and support hospital revenue. Based in Los Altos, California, Qventus was formerly analyticsMD

VisitPay

Series A in 2017
VisitPay LLC is a company that specializes in online patient revenue management solutions, enabling patients to manage their financial accounts effectively. Founded in 2010 and headquartered in Boise, Idaho, with an additional office in Lehi, Utah, VisitPay provides a patient-centered financial engagement platform. This platform consolidates billing information across various healthcare providers and health plans, allowing patients to view, verify, and pay their medical bills with greater clarity. It integrates with multiple billing systems, enhancing the collection process for hospitals and health systems. VisitPay also offers a comprehensive Self-Pay Engine, which includes business intelligence, reporting tools, and consulting services aimed at optimizing self-pay management practices. Through its offerings, the company assists healthcare organizations in managing self-pay receivables, improving payment processes, and implementing effective financial strategies.

Health Catalyst

Series E in 2017
Health Catalyst is a technology company that specializes in data and analytics solutions for healthcare organizations. The company offers a platform that organizes, normalizes, and links health-related data from various systems, making it accessible and searchable for all users, including those without technical expertise. Health Catalyst operates through two main segments: the Technology segment, which generates the majority of its revenue through cloud-based subscriptions, time-based licenses, and maintenance fees for its data platforms and analytics applications; and the Professional Services segment, which provides a range of services including analytics, implementation, strategic advisory, and outsourcing to help clients optimize their use of the technology. By integrating and analyzing healthcare data, Health Catalyst aims to enhance decision-making and improve outcomes in the healthcare sector.

Qventus

Series A in 2016
Qventus is an AI-powered software platform that optimizes hospital operations using real-time data analytics. The platform predicts issues, provides immediate recommendations, and prompts action by clinical and operations teams across emergency departments, operating rooms, preoperative areas, inpatient and outpatient settings, patient safety, and pharmacy. By turning data into actionable insights, it reduces manual work, improves patient flow, and optimizes resource use to unlock capacity and support hospital revenue. Based in Los Altos, California, Qventus was formerly analyticsMD

Health Catalyst

Series E in 2016
Health Catalyst is a technology company that specializes in data and analytics solutions for healthcare organizations. The company offers a platform that organizes, normalizes, and links health-related data from various systems, making it accessible and searchable for all users, including those without technical expertise. Health Catalyst operates through two main segments: the Technology segment, which generates the majority of its revenue through cloud-based subscriptions, time-based licenses, and maintenance fees for its data platforms and analytics applications; and the Professional Services segment, which provides a range of services including analytics, implementation, strategic advisory, and outsourcing to help clients optimize their use of the technology. By integrating and analyzing healthcare data, Health Catalyst aims to enhance decision-making and improve outcomes in the healthcare sector.

Health Catalyst

Series D in 2015
Health Catalyst is a technology company that specializes in data and analytics solutions for healthcare organizations. The company offers a platform that organizes, normalizes, and links health-related data from various systems, making it accessible and searchable for all users, including those without technical expertise. Health Catalyst operates through two main segments: the Technology segment, which generates the majority of its revenue through cloud-based subscriptions, time-based licenses, and maintenance fees for its data platforms and analytics applications; and the Professional Services segment, which provides a range of services including analytics, implementation, strategic advisory, and outsourcing to help clients optimize their use of the technology. By integrating and analyzing healthcare data, Health Catalyst aims to enhance decision-making and improve outcomes in the healthcare sector.

Health Catalyst

Series C in 2014
Health Catalyst is a technology company that specializes in data and analytics solutions for healthcare organizations. The company offers a platform that organizes, normalizes, and links health-related data from various systems, making it accessible and searchable for all users, including those without technical expertise. Health Catalyst operates through two main segments: the Technology segment, which generates the majority of its revenue through cloud-based subscriptions, time-based licenses, and maintenance fees for its data platforms and analytics applications; and the Professional Services segment, which provides a range of services including analytics, implementation, strategic advisory, and outsourcing to help clients optimize their use of the technology. By integrating and analyzing healthcare data, Health Catalyst aims to enhance decision-making and improve outcomes in the healthcare sector.

BASIS Science

Series B in 2013
At Basis our mission is to help fit health into our busy lives. We designed our wrist-based health tracker and online personal dashboard to help you easily incorporate healthy habits into your daily routine. Basis leverages four types of advanced sensors in its lightweight, customizable design to calculate steps taken, calories burned and sleep quality, as well as physiological metrics like heart rate. We help you set new health goals and automatically adjust weekly targets based on your progress. Using this flexible approach you’ll build healthy habits you can maintain for years. Basis Science, Inc. is backed by Norwest Venture Partners and Doll Capital Management.

BASIS Science

Series B in 2013
At Basis our mission is to help fit health into our busy lives. We designed our wrist-based health tracker and online personal dashboard to help you easily incorporate healthy habits into your daily routine. Basis leverages four types of advanced sensors in its lightweight, customizable design to calculate steps taken, calories burned and sleep quality, as well as physiological metrics like heart rate. We help you set new health goals and automatically adjust weekly targets based on your progress. Using this flexible approach you’ll build healthy habits you can maintain for years. Basis Science, Inc. is backed by Norwest Venture Partners and Doll Capital Management.

Health Catalyst

Series B in 2013
Health Catalyst is a technology company that specializes in data and analytics solutions for healthcare organizations. The company offers a platform that organizes, normalizes, and links health-related data from various systems, making it accessible and searchable for all users, including those without technical expertise. Health Catalyst operates through two main segments: the Technology segment, which generates the majority of its revenue through cloud-based subscriptions, time-based licenses, and maintenance fees for its data platforms and analytics applications; and the Professional Services segment, which provides a range of services including analytics, implementation, strategic advisory, and outsourcing to help clients optimize their use of the technology. By integrating and analyzing healthcare data, Health Catalyst aims to enhance decision-making and improve outcomes in the healthcare sector.

Thyrocare Technologies

Post in 2012
Thyrocare Technologies is an Indian diagnostics and research company focused on providing diagnostic testing services to patients, laboratories, and hospitals. It operates three segments: Diagnostic Testing Services, Imaging Services, and others that include the sale of testing equipment and consumables. The Diagnostic Testing Services segment offers medical tests and wellness profiles, including the Aarogyam suite, and markets wellness products such as Sugarscan glucometer strips and radio-pharmaceuticals. The company runs a centralized automated laboratory model designed to deliver high-quality, affordable test reports and supports laboratories and hospitals across India and internationally. Founded in 1996 and based in Navi Mumbai, it emphasizes technology, branding, and robust systems to ensure reliable diagnostic outputs.

BASIS Science

Series A in 2011
At Basis our mission is to help fit health into our busy lives. We designed our wrist-based health tracker and online personal dashboard to help you easily incorporate healthy habits into your daily routine. Basis leverages four types of advanced sensors in its lightweight, customizable design to calculate steps taken, calories burned and sleep quality, as well as physiological metrics like heart rate. We help you set new health goals and automatically adjust weekly targets based on your progress. Using this flexible approach you’ll build healthy habits you can maintain for years. Basis Science, Inc. is backed by Norwest Venture Partners and Doll Capital Management.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.