Norwest

Aesthetic Partners Fuels Growth Through New Partnership With Norwest

Retrieved on: 
Monday, November 13, 2023

MIAMI, Nov. 13, 2023 /PRNewswire/ -- Aesthetic Partners , a leading clinical aesthetics-focused practice management company, announced a strategic partnership with global investment firm Norwest to accelerate growth in new markets. With Norwest's support, Aesthetic Partners will invest in infrastructure and expansion across existing and new clinics.

Key Points: 
  • MIAMI, Nov. 13, 2023 /PRNewswire/ -- Aesthetic Partners , a leading clinical aesthetics-focused practice management company, announced a strategic partnership with global investment firm Norwest to accelerate growth in new markets.
  • "We are excited to partner with the leadership team on Aesthetic Partners' next phase of growth."
  • Their commitment to partnership and collaboration mirrors our own," said Courtney Ellenbogen, co-founder and co-CEO of Aesthetic Partners.
  • "At Aesthetic Partners, we don't acquire just to acquire –– like Norwest, we partner selectively with accomplished founders seeking to achieve industry leadership.

GrowthCap Announces GrowthCap's Top Software Investors of 2023

Retrieved on: 
Thursday, October 26, 2023

NEW YORK, Oct. 26, 2023 /PRNewswire-PRWeb/ -- GrowthCap is pleased to announce The Top Software Investors of 2023. In our fifth year running this awards process, the candidate pool was more robust than we have ever seen. Many of this year's candidates received a remarkable number of substantive nominations from CEOs and other colleagues who had worked extensively with the candidate. When software became the sector of choice in growth investing many years ago, investors came flooding in, but through the test of time only the most skilled have remained on top and have even widened their competitive advantages as each year unfolded.

Key Points: 
  • GrowthCap is pleased to announce The Top Software Investors of 2023.
  • NEW YORK, Oct. 26, 2023 /PRNewswire-PRWeb/ -- GrowthCap is pleased to announce The Top Software Investors of 2023.
  • The more important takeaway is that this group of investors, taken as a whole, represents the top tier in software investing.
  • Please join us in recognizing and celebrating the achievements of The Top Software Investors of 2023.

Comvest Credit Partners Provides Financing to HighFive Healthcare to Support Expansion Strategy

Retrieved on: 
Tuesday, September 12, 2023

Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a senior secured credit facility (the “Financing”) for HighFive Healthcare (“HighFive”, or the “Company”), a Birmingham, Ala.-based specialty dental service organization (“DSO”).

Key Points: 
  • Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a senior secured credit facility (the “Financing”) for HighFive Healthcare (“HighFive”, or the “Company”), a Birmingham, Ala.-based specialty dental service organization (“DSO”).
  • The Financing will be used to refinance the Company’s existing debt and support near-term acquisitions.
  • “We are pleased to provide a tailored credit financing solution to support the growth of HighFive, a differentiated and well-positioned healthcare services brand,” said Tom Goila, a Partner and Co-Head of Healthcare at Comvest.
  • These were all important factors in our choice of financing provider as HighFive builds a best-in-class specialty dental platform,” said Chad Trull, CEO and founder of HighFive.

SpryPoint Partners with Norwest to Fuel Growth of Cloud-Native Solutions for Utilities

Retrieved on: 
Monday, March 6, 2023

CHARLOTTETOWN, PE, March 6, 2023 /PRNewswire/ -- SpryPoint, a leading provider of enterprise Software as a Service (SaaS) solutions to the utility industry, today announced it has received a strategic investment from Norwest, a leading venture and growth equity investment firm. With this investment, SpryPoint will build on its significant business momentum over the past three years, expanding its team and positioning the company to continue increasing market share of its mission-critical, cloud-native solutions for smart utilities.

Key Points: 
  • "We have effectively led this evolution, developing and delivering advanced solutions that help utilities address the changing expectations of their customers.
  • However, utilities face significant challenges in adapting traditional software solutions to meet their new marketplace reality.
  • SpryPoint is delivering critical innovation to the market with the industry's leading cloud-native CIS platform," said Ran Ding, Partner at Norwest.
  • As part of the investment, Norwest Partner Ran Ding and Vice President Chris Sondej will join the SpryPoint board of directors.

Channel99 Hires Bizible Co-Founder and Adobe/Microsoft Executive as Chief Technology Officer

Retrieved on: 
Tuesday, February 21, 2023

SAN FRANCISCO, Feb. 21, 2023 /PRNewswire/ -- Channel99, a leading B2B marketing performance solutions provider, today announced that Peter Thompson has joined the company as Chief Technology Officer. In this role, Thompson will lead all aspects of Channel99's technology strategy and innovation, including managing and executing the company's vision for data-driven solutions that unite marketing and finance teams to more effectively improve the value of marketing investment.

Key Points: 
  • SAN FRANCISCO, Feb. 21, 2023 /PRNewswire/ -- Channel99, a leading B2B marketing performance solutions provider, today announced that Peter Thompson has joined the company as Chief Technology Officer.
  • "He will round out our bench of go-to-market experts and lead our technology and innovation."
  • I am thrilled to join a company dedicated to building and delivering technology that supports the next generation of B2B marketing."
  • In addition, Channel99 will introduce its flagship platform in the first half of this year.

GeoComply Targets New Markets with Latest Investors

Retrieved on: 
Wednesday, January 25, 2023

Both investment groups will support GeoComply’s continued growth in its core markets and help accelerate its expansion into Financial Services and Media Rights Management.

Key Points: 
  • Both investment groups will support GeoComply’s continued growth in its core markets and help accelerate its expansion into Financial Services and Media Rights Management.
  • GeoComply is uniquely positioned at the intersection of the fintech, streaming and identity management verticals, representing a total addressable market of $80 billion and growing.
  • “Despite a challenging tech environment, GeoComply has continued to invest and expand our product and services.
  • We can pivot quickly to develop our business in markets they collectively serve, while managing the needs of our existing customers by delivering new products and services."

Lavender Announces $13.2 Million in Funding to Create Email Intelligence Category for Sales Teams

Retrieved on: 
Thursday, February 2, 2023

NEW YORK, Feb. 2, 2023 /PRNewswire/ -- Lavender, provider of the leading AI-powered sales email coaching platform, today announced it has raised $13.2 million in funding which includes an $11 million Series A that closed just weeks after a $2.2 million seed round. Norwest Venture Partners led the Series A with participation from Signia Venture Partners. Signia led the seed round with participation from CapitalX and Position Ventures. Other angel and seed investors include Arash Ferdowsi (Dropbox), Alex Lieberman (Morning Brew), Troy Osinoff (JUICE), and Braydan Young (Sendoso).

Key Points: 
  • An average sales rep spends over 15 minutes writing a personalized email, but with Lavender it can be done in 60 seconds or less.
  • Other notable Lavender features include:
    Coaching Dashboard: The Lavender coaching dashboard provides at-a-glance insights on team and individual email scores, open rates, reply rates, and writing time.
  • Customers including Twilio, Sharebite, Sendoso, Segment, Lucidworks, and Clari currently use Lavender to increase email reply rates, decrease rep onboarding time and improve sales pipelines.
  • Lavender is free to get started, can be installed quickly by individuals and teams, and is free for jobseekers, students, and entrepreneurs.

SetPoint Medical Announces $80M Preferred Stock Financing to Advance Company’s Novel Treatment for Autoimmune Diseases

Retrieved on: 
Thursday, January 19, 2023

SetPoint Medical , a clinical-stage healthcare company dedicated to patients with chronic autoimmune diseases, today announced an $80 million preferred stock financing co-led by new investors Norwest Venture Partners and Viking Global Investors.

Key Points: 
  • SetPoint Medical , a clinical-stage healthcare company dedicated to patients with chronic autoimmune diseases, today announced an $80 million preferred stock financing co-led by new investors Norwest Venture Partners and Viking Global Investors.
  • The company is developing its novel platform for the treatment of chronic, inflammation-mediated autoimmune diseases and is initially focused on a potentially less immunosuppressive option for the treatment of rheumatoid arthritis (RA).
  • “Over the past two decades, advancements in biologic therapies have had a significant impact on the treatment of autoimmune diseases.
  • “SetPoint is uniquely positioned with a novel approach to treating autoimmune diseases by activating innate neural pathways that work to reduce inflammation.

GrowthCap Announces The Top 40 Under 40 Growth Investors of 2022

Retrieved on: 
Thursday, December 22, 2022

NEW YORK, Dec. 22, 2022 /PRNewswire-PRWeb/ -- GrowthCap is pleased to announce The Top 40 Under 40 Growth Investors of 2022. Our ninth year running this awards process, we were highly impressed by the level of experience and acumen represented by the largest pool of nominees we have seen since beginning this annual awards process nearly a decade ago. We deliberated over three rounds to arrive at this year's final list of awardees. Our evaluation process involved reviewing feedback on nominees from their colleagues, peers, portfolio company CEOs and others on their investment skill, judgement and performance over time as demonstrated by specific examples.

Key Points: 
  • NEW YORK, Dec. 22, 2022 /PRNewswire-PRWeb/ -- GrowthCap is pleased to announce The Top 40 Under 40 Growth Investors of 2022.
  • Please join us in recognizing and celebrating the achievements of The Top 40 Under 40 Growth Investors of 2022.
  • GrowthCap also aims to provide CEOs with insights into how other entrepreneurs and executives have succeeded in scaling their businesses.
  • While emphasis has been on select sectors including business software, business services, healthcare and consumer products and services, GrowthCap is often involved in other segments of the broader economy.

Xpedeon Raises Series A Funding from Norwest Venture Partners

Retrieved on: 
Tuesday, December 20, 2022

MUMBAI, India, Dec. 20, 2022 /PRNewswire/ -- Xpedeon, a vertical cloud-based software platform (SaaS) for the Engineering and Construction industry announced that it has closed a funding round from Norwest Venture Partners.

Key Points: 
  • MUMBAI, India, Dec. 20, 2022 /PRNewswire/ -- Xpedeon, a vertical cloud-based software platform (SaaS) for the Engineering and Construction industry announced that it has closed a funding round from Norwest Venture Partners.
  • The funding will accelerate Xpedeon's future growth and solidify the company's position as a leading unified construction software company.
  • We are delighted that Norwest Venture Partners has bought into our vision and chosen to be a part of this very exciting journey as it unfolds," said Janak Vakharia, Chief Executive Officer.
  • Norwest Venture Partners is focused on early to mid-stage venture capital and growth equity investments across a wide range of sectors including SaaS, Fintech, Insurance, Consumer-tech, B2B, Healthcare, Logistics among other sectors.