WESTSUMMIT CAPITAL MANAGEMENT L.P.
WESTSUMMIT CAPITAL MANAGEMENT L.P. is a Series C+ fund in the US and China writing $10M–$20M checks into Climate, internet, mobile, cloud-computing and it-enabled.
- Stages
- Series C+
- Sectors
- Climate, internet, mobile, cloud-computing, it-enabled
- Check size
- $10M–$20M
- Invests in
- US-wide, China
- Actively investing
- Yes
- Founded
- 2009
- Assets under management
- >$400M
Thesis
WestSummit Capital Management L.P. is a global growth capital venture fund founded in 2009, specializing in technology investments across the Internet, mobile, cloud computing, and IT-enabled clean tech sectors. The firm operates with a focus on growth-stage investments, targeting enterprises with proven technology, strong barriers to entry, and established business models with meaningful revenue and customer traction. WestSummit Capital aims to partner with remarkable entrepreneurs who possess a global mindset. Their investment strategy centers on providing growth capital to technology entrepreneurs globally, leveraging a deep and extensive global network to be a "Partner of Choice." The firm emphasizes a hands-on approach, acting as operators and entrepreneurs uniquely positioned to advise and navigate all stages of growth, aiming to unlock untapped potential for rapid expansion and fundamental business transformation. Their geographic scope includes the United States and China, with offices in Menlo Park, Beijing, and Hong Kong, allowing them to support companies with a significant presence in or strategic interest in China. WestSummit Capital focuses on growth-stage investments, with equity checks typically ranging from $10 million to $20 million. The firm has reported various fund sizes, with one filing indicating WestSummit Global Technology Fund IV, L.P. had an offering amount of $300,000,000 in February 2022, and another mentioning Westsummit Global Technology Fund, L.P. having approximately $299.6 million in assets as of September 2017. More recently, WestSummit Capital Management LLC reported two private funds with a total gross asset value of $123.3 million, and the firm has stated it has over $400 million under management. WestSummit Capital is actively seeking new investments.
Common questions
Does WESTSUMMIT CAPITAL MANAGEMENT L.P. invest at the Series C+ stage?
Yes. WESTSUMMIT CAPITAL MANAGEMENT L.P. lists Series C+ among the stages it invests in.
What check size does WESTSUMMIT CAPITAL MANAGEMENT L.P. write?
WESTSUMMIT CAPITAL MANAGEMENT L.P. writes $10M–$20M checks.
Where does WESTSUMMIT CAPITAL MANAGEMENT L.P. invest?
WESTSUMMIT CAPITAL MANAGEMENT L.P. invests in the US and China.