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 Procurement
BuildVision
Series A in 2025
BuildVision is a company that specializes in construction procurement solutions. It has developed a platform aimed at automating repetitive tasks and enhancing communications within the construction industry. The platform includes features such as a comprehensive tracking tool, a partner network for sourcing materials and equipment, and real-time cost analysis and budget monitoring. By facilitating more efficient procurement processes, BuildVision helps businesses streamline operations, reduce costs, and improve overall efficiency in managing construction projects. The company's focus on data-driven insights and collaboration with suppliers further strengthens its position in the market.
ediphi
Series A in 2024
Ediphi is a developer of a cloud-based estimating software designed to enhance preconstruction processes and facilitate informed decision-making. The platform centralizes procurement and specializes in both conceptual and detailed cost estimating, providing clients with a comprehensive understanding of project costs and financial viability. By offering contextual insights and various options for cost exploration, Ediphi enables users to navigate the complexities of project planning efficiently, from the initial ideation phase to the commencement of construction.
Oro Labs
Series B in 2023
Oro Labs streamlines traditional procurement operations via its automation platform. It harmonizes chaotic enterprise spending on critical purchases and supplier engagements.
Oro Labs
Series A in 2022
Oro Labs streamlines traditional procurement operations via its automation platform. It harmonizes chaotic enterprise spending on critical purchases and supplier engagements.
PowerMarket
Series B in 2001
PowerMarket develops software that helps companies to buy the materials used in their own end-products.
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