About The Westly Group
The Westly Group is a venture capital firm founded in 2007. It is primarily based out of Menlo Park, United States. As of Sep 2026, The Westly Group is an active investor, having invested in 72 companies, with 4 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Environment Tech. Most recently it participated in the $***** Series A round of Magentic Overall, The Westly Group portfolio has seen 4 unicorns, 7 IPOs and 26 acquisitions including key companies like Tesla, Procore and SentinelOne. A lot of funds co-invest with The Westly Group, with names like Kleiner Perkins sharing a substantial percentage of its portfolio. The Westly Group has team of 19 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
The Westly Group's List of Top Investments
The Westly Group has a portfolio of 72 companies, including 4 unicorns. Their most notable investments are in Amonix and Cleverciti.Their portfolio spans across United States, Canada, Germany and 5 more locations. They have invested in Enterprise Applications, High Tech, Environment Tech and 27 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by The Westly Group:1. Tesla
Electric vehicle and clean energy solutions provider. It manufactures electric vehicles and energy storage systems for consumers. The company designs, develops, manufactures, and sells electric vehicles. It also produces energy generation and storage systems. These products are offered to residential, commercial, and utility-scale customers. The company operates a network of service locations and charging stations.
Key facts about Tesla
- Founded Year: 2003
- Location: Austin (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $408M
- Employee Count: 134,785 as on Dec 31, 2025
- Investors: Sprout Capital Partners, Silver Lake and 74 Others
- Latest Funding Round: Post IPO, Feb 05, 2024, $*****
- Highlight: Public
2. Procore
SaaS-driven project management software for construction professionals. The platform offers features like document management, project management, bid management, tender management, field productivity management, design coordination, accounting integration, invoice management, portfolio management, and more.
Key facts about Procore
- Founded Year: 2003
- Location: Carpinteria (United States)
- Stage: Public
- Total Funding till date: $406M
- Employee Count: 4,927 as on Sep 30, 2026
- Investors: HTIF, Sprout Capital Partners and 31 Others
- Latest Funding Round: Series I, Apr 30, 2020, $*****
- Highlight: Public
3. SentinelOne
Cloud based endpoint security solutions. It provides a solution to detect threat behavior and block attacks. It provides a predictive execution inspection engine and military grade cyber defense technologies. The product comprises of installation on endpoint and monitoring client and analytics engine to detect non signature based threats, predict the further actions and other variations of the threat, and block them from causing damage online.
Key facts about SentinelOne
- Founded Year: 2013
- Location: Mountain View (United States)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $697M
- Employee Count: 3,905 as on Sep 30, 2026
- Investors: HTIF, Qualcomm Ventures and 24 Others
- Latest Funding Round: Series F, Nov 11, 2020, $*****
- Highlight: Public
4. Planet
Provider of daily satellite imagery and geospatial data analytics services. The organization offers high-frequency imagery, mosaics, on-demand tasking, and analytic feeds. It transforms imagery into insights, providing data for monitoring, change detection, and analysis. The company delivers data products and cloud-based tools, offering solutions across various industries.
Key facts about Planet
- Founded Year: 2010
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $602M
- Employee Count: 1,749 as on Sep 30, 2026
- Investors: Western Technology Investment, HighGear Ventures and 53 Others
- Latest Funding Round: Post IPO, Sep 12, 2025, $*****
- Highlight: Public
Developer of LiDAR-based sensors for autonomous vehicles. It develops hardware and proprietary software-enabled LiDARs, which can be configured with multiple sensors for autonomous driving. It comprises fiber lasers, scanners, receivers, and processing electronics. It offers a slim designed roofline attached to customized sensors. It provides hardware-integrated perception software for object detection. It offers features like the detection and classification of objects in a long-range, and the detection of the velocity of an object in 3D.
Key facts about Luminar Technologies
- Founded Year: 2012
- Location: Orlando (United States)
- Annual Revenue: $50M - $100M as on Dec 31, 2025
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $306M
- Employee Count: 273 as on Sep 30, 2026
- Investors: 10x Group, G2 Venture Partners and 31 Others
- Latest Funding Round: Post IPO, Jan 17, 2022, $*****
- Highlight: Acquired
The Westly Group's Year-on-Year Investment Trends
The Westly Group has invested in 72 companies over the last 19 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 4 investments, while as of Sep 2026, it has made 5 investments in this year. Its most recent first time investment was in Noetive and most recent follow-on round was in Magentic.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 1 | 5 |
2025 | 4 | 0 | 4 |
2024 | 3 | 0 | 3 |
2023 | 2 | 1 | 3 |
2022 | 3 | 4 | 7 |
2021 | 3 | 2 | 5 |
2020 | 2 | 0 | 2 |
2019 | 3 | 2 | 5 |
2018 | 4 | 5 | 9 |
2017 | 1 | 4 | 5 |
The Westly Group's Investments by Stage
The Westly Group has made 23 investments in Series A stage with an average round size of $10.8M, 16 investments in Series B stage with an average round size of $30.5M and 9 investments in Seed stage with an average round size of $8.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 23 |
Series B | 16 |
Seed | 9 |
Series C | 7 |
Series D | 3 |
Others | 1 |
Note: We have considered here, only first round of investments
The Westly Group's Investments by Sector
The Westly Group has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Environment Tech, Sustainability Tech and Vertical SaaS. Notably, it has invested in 55 Enterprise (B2B) companies, 55 Tech companies, 38 Software companies and at least 26 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 32 |
High Tech | 21 |
Environment Tech | 15 |
Sustainability Tech | 15 |
Vertical SaaS | 13 |
Others | 107 |
Note: We have considered here, only first round of investments
The Westly Group's Investments by Geography
The Westly Group has made most investments in United States (50), followed by Canada where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 50 |
Canada | 3 |
Germany | 2 |
Anguilla | 1 |
Czech Republic | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
The Westly Group's recent investments
The Westly Group has made 5 investments in 2026 so far. Magentic and Noetive are the latest among them.Here are the most recent investments by The Westly Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 17, 2026 | United States | Series A | 1533 | [+1] | |
Sep 16, 2026 | United States | Seed | 8707 | [+7] | |
Jul 20, 2026 | United States | Series C | 9114 | [+12] | |
Jun 17, 2026 | United States | Seed | 2424 | ||
May 12, 2026 | United States | Series C | 5048 | [+5] |
Unicorns in The Westly Group's Portfolio
The Westly Group has 4 unicorns in its portfolio - RapidSOS, Gecko Robotics, Enpal and others. The most recent unicorn in their portfolio is RapidSOS. It became a unicorn in 2025, 9 years after The Westly Group first invested in it.Here is a list of unicorns in The Westly Group's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Provider of an intelligent safety platform connecting data to first responders | 2012 | New York City | Series E | xwh{a{a | ||
56 | AI and robotics for infrastructure inspection, maintenance, and operational excellence | 2013 | Pittsburgh | Series D | lkpqtkq | ||
69 | Provider of solar energy solutions offering purchase or rental options | 2017 | Berlin | Series D | {bfztnh | ||
67 | Provider of an agent workforce platform for enterprise artificial intelligence | 2012 | Boston | Series G | qqlwuyf |
IPOs and Publicly Listed companies in The Westly Group's Portfolio
7 of The Westly Group's portfolio companies have become public. SentinelOne got listed on the New York Stock Exchange (NYSE), in Jun 2021 at marketcap of $8.97B and Procore got listed on the New York Stock Exchange (NYSE) at marketcap of $634M.Here are The Westly Group's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 30, 2021 | Oct 12, 2015 | Series B | 8547 | |
May 20, 2021 | - | - | 2664 | |
Apr 30, 2021 | - | - | 6103 | |
Oct 20, 2020 | Feb 15, 2011 | Series C | 5577 | |
Sep 28, 2010 | - | - | 7658 |
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Acquired companies in The Westly Group's Portfolio
26 companies from The Westly Group's portfolio have been acquired. The most recent acquisition was Greenwave Systems in Jun 2026 by AXON Networks for $*****.Here are The Westly Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 09, 2026 | Sep 25, 2013 | Series B | 4638 | |
Jun 02, 2026 | Jun 05, 2015 | Series A | 9266 | |
Dec 15, 2025 | Jul 11, 2019 | Series B | 6504 | |
Nov 03, 2025 | May 09, 2018 | Series A | 9780 | |
Apr 17, 2025 | May 05, 2022 | Series E | 3274 |
Team profile of The Westly Group
The Westly Group has a team of 19 members including 6 Partners, 1 Venture Partner and 3 Principals located in United States. The Westly Group's team does not sit on the board of any company as of now.Here is a list of top team members in The Westly Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Menlo Park | - | - | |
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Phoenix | - | - | |
Venture Partner | Miami | - | ||
Principal | Menlo Park | - | ||
Principal | Redwood City | - | ||
Principal | San Francisco | - | - |
Co-investors of The Westly Group
Over the past 19 years, 516 investors have co-invested in The Westly Group's portfolio companies. This includes funds and angels.
- Invested before The Westly Group: OSTI, Techstars and 177 others have invested in rounds before The Westly Group. There are 4 companies where OSTI has invested before The Westly Group and 4 companies where Techstars has invested before The Westly Group.
- Top Co-investors of The Westly Group: 137 investors entered a company along with The Westly Group. These include investors like Kleiner Perkins (5 companies).
- Invested after The Westly Group: A total of 200 investors have invested in The Westly Group's portfolio after their investments. Top Investors include BlackRock (3 companies), DOE (3 companies) and Insight Partners (2 companies).
Recent News related to The Westly Group
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Magentic Raises $18M Series A to Build AI Digital Workforce for Industrial OperationsPR Newswire•Sep 17, 2026•Magentic, The Westly Group, Sequoia Capital, Felicis Ventures
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Tenet Security Raises $6 Million in Seed FundingThe SaaS News•Jun 18, 2026•Tenet, MizMaa, The Westly Group, Tenet
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AttoTude Secures $52M in Series C Funding Round to Accelerate Interconnect Technology for Hyperscale InfrastructureFinancial Post•Jun 16, 2026•AttoTude, The Westly Group, Keysight, DNX and 3 others
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HII Welcomes UK’s Westley Group as Strategic Supplier, Strengthening Global Submarine Supply ChainGlobeNewswire•Nov 04, 2025•HII, The Westly Group
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Squint Secures $40M Series B to Advance AI-Driven Manufacturing and Boost Human Potentialintelligence360•Sep 01, 2025•Squint, The Westly Group, Menlo Ventures
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Squint Secures $40M Series B to Advance Agentic Manufacturing with AISilicon Valley Journals•Aug 13, 2025•Squint, TCV, The Westly Group, Sequoia Capital and 7 others
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Magentic Secures $5.5M for AI-Driven Savings in Tariff-Hit Supply ChainsSalesTech Star•Jul 22, 2025•Magentic, Sequoia Capital, The Westly Group, First Momentum Ventures and 6 others
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News Venture Capital Attotude Celebrates $50 Million Funding RoundApr 02, 2025•AttoTude, Wing Venture Capital, Canaan, Sutter Hill Ventures and 2 others
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AttoTude Secures $50M Series B Funding Led by Mayfield to Accelerate Deployment of Revolutionary THz Interconnect TechnologyFinancial Post•Apr 01, 2025•AttoTude, Mayfield, Sutter Hill Ventures, Canaan and 2 others
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VIA: $28 Million (Series B) Raised For Accelerating Data & Identity Protection PlatformPulse 2.0•Mar 19, 2025•VIA, Robert Bosch Venture Capital, BMW i Ventures, MassMutual Ventures and 3 others
