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NVP Associates, LLC

CIK:0001545692
Venture Capital
$16B AUM
7 holdings
Menlo Park, CA, United States
Founded:1961
100 employees
Latest filing:Jun 30, 2025

NVP Associates, LLC is a venture capital firm based in Menlo Park, California. The firm operates as a subsidiary or affiliated entity of Norwest Venture Partners, a global venture and growth equity investment firm founded in 1961. Norwest manages over $15.5 billion in capital, invests across enterprise, information technology, internet, and healthcare sectors, and has funded more than 700 companies, with over 250 active portfolio partnerships. The firm serves entrepreneurs and growth businesses in the United States and worldwide, providing both capital and strategic support. Norwest Venture Partners, and by extension NVP Associates, employs a diverse team of investment professionals and sector specialists.

Investment Strategy

NVP Associates, as part of Norwest Venture Partners, focuses on venture and growth equity investments in early to late-stage companies. The firm targets key sectors including enterprise, information technology, SaaS, internet, business and financial services, and healthcare. Its strategy involves providing both capital and deep operational guidance to portfolio companies, leveraging a global network and sector experience to help companies scale at each stage of growth. Norwest serves a diverse range of founders, tailoring its support to drive long-term value and innovation.

Top Buys
O
OMDAOMADA HEALTH INC
+$46.3M
D
DAVEDAVE INC
+$14.3M
M
MBXMBX BIOSCIENCES INC
+$8.6M
Z
ZBIOZENAS BIOPHARMA INC
+$3.3M
T
TALKTALKSPACE INC
+$2.2M
Top Sells
O
OMDAOMADA HEALTH INC
+$46.3M
D
DAVEDAVE INC
+$14.3M
M
MBXMBX BIOSCIENCES INC
+$8.6M
Z
ZBIOZENAS BIOPHARMA INC
+$3.3M
T
TALKTALKSPACE INC
+$2.2M

Top Holdings

D
DAVEDAVE INC
+33.9%$62.5M
O
OMDAOMADA HEALTH INC
+25.2%$46.3M
T
TALKTALKSPACE INC
+14.8%$27.3M
M
MBXMBX BIOSCIENCES INC
+13.2%$24.4M
Z
ZBIOZENAS BIOPHARMA INC
+9.7%$17.8M

Equity Positions (7)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
D
DAVE
DAVE INC33.91%$62.5M232,675$6.06$268.41+$14.3M
O
OMDA
OMADA HEALTH INC25.15%$46.3M2,531,000$18.30$18.30+$46.3M
T
TALK
TALKSPACE INC14.80%$27.3M9,802,972$0.61$2.78+$2.2M
M
MBX
MBX BIOSCIENCES INC13.24%$24.4M2,136,335$25.98$11.41+$8.6M
Z
ZBIO
ZENAS BIOPHARMA INC9.67%$17.8M1,838,482$16.92$9.69+$3.3M

Industry Allocation

SERVICES-HEALTH SERVICES
+40.0%
FINANCE SERVICES
+33.9%
PHARMACEUTICAL PREPARATIONS
+22.9%
RETAIL-CATALOG & MAIL-ORDER HOUSES
+2.0%
REAL ESTATE AGENTS & MANAGERS (FOR OTHERS)
+1.2%