VC  Westly Group

http://www.westlygroup.com





     Office Locations:

2200 Sand Hill Road, Suite 250
Menlo Park, CA 94025
Phone: 650-275-7420
Fax: 650-362-2338

 

Stages:

  • Early


 

Industries:

  • Energy & Clean Tech

  •  

    Description:

    The Westly Group invests in leading and up-and-coming clean tech companies in an effort to accelerate the clean technology revolution. The firm focuses primarily on companies with proven revenue streams but is open to investments in all stages of growth. The firm's founder, Steve Westly, previously served as the Controller and Chief Fiscal Officer of the state of California. The Westly Group is one of the larger cleantech venture firms in the U.S., currently investing a $127 million fund. The firm has begun raising its next fund ($175 million target size), which will focus primarily on cleantech opportunities in the United States, with a cap of 20% internationally. Since inception in 2007, The Westly Group has become one of the largest venture funds in North America focused on energy, transportation, buildings, and industry with $500 million under management.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription or Silicon Valley Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Dave Coglizer Partner
    Emily Fritze Principal
    Marie Drez CFO
    Steve Westly Founder and Managing Partner

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      06/12/2024


      Learn to Win


      CA


      $30,000,000


      Series A


     

    Portfolio companies include:


      Building Robotics
        web link


      EdeniQ
        web link


      GreenWave Reality
        web link


      Honest Buildings


      Ioxus
        web link


      Learn to Win
        web link


      SCIenergy
        web link


      Sentinel Labs
        web link


      SentinelOne
        web link


      Simple Energy
        web link


      T-REX
        web link


      Vinli
        web link


      WaterSmart
        web link


      WaterSmart Software
        web link


     

    Recent News: