Description
Westlake Venture Partners is a venture capital firm founded in 2001 and based in Westlake Village, California, United States. The firm was established to support young and emerging technology companies with capital, strategic guidance, and operational support from experienced founders, including contributors from early Internet and tech ventures such as NetZero and related online technology firms.
The organization’s orientation is toward early-stage technology investing, and historically it has focused on applying founder/operator experience to help startups grow, alongside capital deployment where appropriate.
Specific Funding Stage
Pre-Seed / Seed / Early Stage (Typical Activity)
- Westlake Venture Partners historically participates in early-stage venture rounds, especially seed and Series A deals where it provides capital, advice, and strategic support.
- Public investor data suggests the firm has been associated with investment activity in early stage and growth rounds — but with infrequent, selective deployment rather than high-volume accelerator activity.
Investment Amount and Percentage Equity (Company-Level)
Check Size / Capital Provided
- There are no publicly disclosed standard check sizes or fixed capital amounts that Westlake Venture Partners publishes. Terms are typically negotiated case-by-case based on company, round, and strategic fit.
- Investor profiling sources classify the firm’s round involvement at seed and Series A, with average round sizes in historic portfolio data having been in the multi-million range, though this reflects total round size (not necessarily Westlake’s single check).
Equity Taken
- Like most venture capital firms, Westlake Venture Partners does not have a fixed published equity percentage it takes in every company. Instead, equity terms are negotiated with founders and co-investors based on valuation and round structure, as is standard VC practice.
Equity Structure
- Investments are conducted via typical venture capital instruments — e.g., priced equity or convertible instruments — and equity allocations are set during term negotiation with founders and other investors.
- There is no indication that Westlake operates an accelerator-style uniform SAFE or fixed equity program; participation appears to be venture capital investment on a per-deal basis.
Application / Submission Method
How to Engage
- Westlake Venture Partners does not publicize an open online application portal for startups. Public investor information notes that the firm generally engages portfolio companies via referrals from trusted sources or existing network connections, and the website discourages unsolicited business plans.
- Traditional outreach channels would be warm introductions, professional investor networks, or curated founder engagement rather than an open accelerator application form.
Interaction Model
- Because Westlake’s investor profile suggests limited public activity in recent rounds, founder engagement may involve direct introductions, strategic discussions with partners, and negotiation on a case-by-case basis.
What an Applicant can Obtain
Strategic Capital: Investment in seed or early rounds tailored to business needs (negotiated on a deal-by-deal basis).
Founding Experience Support: Access to partners with operator experience (some from NetZero and early online consumer businesses) offering operational and strategic guidance.
Investor Network: Potential introductions to co-investors and strategic partners aligned with technology growth.
Long-Term Support: Ongoing involvement and advice aligned with board or advisor roles typical of early-stage VC involvement (details depend on terms).