NVP News

October 30, 2014

Newly Minted

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Today we are excited to share with you that we are leading a $38 million investment in Minted, an online crowdsourcing marketplace that connects consumers with the world’s best independent fine artists and designers.

Minted was originally launched in 2008 as an online marketplace for high-end, custom holiday cards and wedding invitations with a unique crowd-sourced contest model. It then moved into curated wall art. In 2013, the company successfully transitioned to a multi-channel strategy by selling its most popular wall art both online and in physical stores via its partnership with West Elm — reaching more than 40 million households in the U.S. The Minted marketplace and platform has since grown to include cards and wall art from more than 6,000 fine artists, photographers and designers from over 40 countries and supports more than 1,000 designer storefronts.

This week, the company further expands into the ...

Entrepreneur Views

October 8, 2014

Building a Women-Focused Brand Online

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Sonya Brown, Kendra Scott, Amy Errett, Alexandra Wilkis Wilson, and Jeff Crowe.Photo by Catherine Taylor.

 

We recently hosted the Fall edition of our Female Founders Series: “Building a Women-Focused Brand Online” at NeueHouse in New York City.

Our panel of dynamic, visionary female entrepreneurs (Kendra Scott, Founder & CEO of Kendra Scott Design; Alexandra Wilkis Wilson, CEO & Co-Founder of GLAMSQUAD and Co-Founder of Gilt Groupe; and Amy Errett, CEO & Co-Founder of Madison Reed) engaged the packed house in candid conversation about the experiences and challenges they have faced building their companies, and what it takes to start an online business catering to female audiences.

It is an exciting time for female founders, and at Norwest Venture Partners, we are pleased to have backed 12 female founders within our portfolio.  Below is a highlights video from the event.

 

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NVP News

October 1, 2014

Norwest Venture Partners Announces Investment Professional Promotions

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Today we are recognizing those individuals who have made significant contributions to the firm’s growth and reputation, and have added strategic value to our portfolio companies.

We’re pleased to announce the promotions of Dr. Robert Mittendorff to Principal, Sumer Juneja to Principal, and Lisa Wu to Vice President.

These promotions reflect our ongoing investment in these talented individuals across multiple stages and sectors.

 

Promotions

DR. ROBERT MITTENDORFF, PRINCIPAL

Dr. Robert Mittendorff has been promoted to Principal in recognition of his contributions to NVP’s healthcare practice. As a physician, Robert has a deep understanding of patient and physician needs and has demonstrated business acumen in identifying and supporting companies which are commercializing significant medical innovation.

Since joining Norwest Venture Partners in early 2012, Robert has exhibited leadership and enthusiastically p...

Industry Outlook

September 25, 2014

EdTech: An ‘Educated’ Perspective

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The Educational Technology (EdTech) industry is enjoying a period of unprecedented innovation and investment, driven by many factors, including market demand, shifts in classroom and home technology adoption, and the level playing field that new standards have helped to create.

EdTech is becoming increasingly relevant to all students, by delivering improved learning outcomes and by increasing students’ digital literacy. Various technologies are being used in educational institutions around the country to deliver blended and individually tailored content, stem dropout rates, improve teacher performance, enforce institutional policy, increase parent engagement and motivate students to learn, among other benefits, all of which are helping to improve learning outcomes.

In addition to the standalone benefit of educational technologies, another large driving force for increased EdTech adoption is the national read more