Leading Norwest’s Growth Equity Practice with Key Investments in 1010data, Clarus Commerce and The Rainmaker Group, Kossow promoted to Managing Partner
PALO ALTO, Calif. – February 14, 2018 – Norwest Venture Partners, a premier multi-stage investment firm, today announced the promotion of Jon Kossow to Managing Partner. Kossow joined Norwest in 2009 as a Partner to build the firm’s growth equity practice. Under Kossow’s leadership, Norwest has made 17 strategic growth and buyout investments in market-leading companies and the team has grown to 12 investment professionals. In his new position as Managing Partner, Kossow will continue to focus on growth equity opportunities across a wide range of sectors, including information services, software, internet, and business services.
“Jon has established himself as a top leader at the firm by building the growth equity team and securing opportunities with the most innovative and strategic companies,” said Promod Haque, senior managing partner, Norwest Venture Partners. “His successfully realized investments in companies such as The Rainmaker Group, Clarus Commerce and 1010data demonstrate his ability to drive Norwest to the forefront of a very competitive market environment. We welcome Jon to the senior leadership team and look forward to his contributions as growth equity and buyouts become a bigger part of Norwest’s overall strategy.”
With nearly 20 years of investing experience, Kossow has leveraged his expertise in multiple sectors to make strategic investments and serve as a dedicated partner to portfolio company executives. Kossow’s most recent investments include Infutor and Cority. His most notable successes include 1010data (acquired by Advance), Clarus Commerce (acquired by Trivergance), The Rainmaker Group (acquired by RealPage) and The Retail Equation (acquired by Appriss). Kossow currently serves on the boards of Avetta, Cority, Infutor, Manta Media, The Rainmaker Group, Topo Athletic, and Wine Access, with additional active investments in ACL, Appriss and TurnItIn.
“Over nearly ten years at Norwest, I’ve had the privilege of working with some of the most talented executives and successful companies to help them achieve their full potential. Each day has been an opportunity to meet new business leaders and make a meaningful impact on our existing portfolio companies through counsel and guidance,” said Jon Kossow, managing partner, Norwest Venture Partners. “I look forward to working alongside our exceptional leadership team, while continuing to serve our companies with dedication and integrity.”
Prior to joining Norwest in 2009, Kossow was a director at Goldman Sachs, where he headed the San Francisco office for the firm’s Americas Special Situations Group. Previously, Kossow served as principal at TA Associates in Menlo Park, a private equity firm with $24 billion in capital under management, where he led TA’s West Coast Business Services Practice. In addition, Kossow has worked with such companies as 5.11 Tactical, Asurion, Babcock Jenkins, Circle Graphics, CoreLogic (CLGX), Logistics Health, TogetherSoft, Voyant Technologies and WebSideStory. He began his career managing strategy development and campaign management for several Fortune 500 companies at Leo Burnett USA, a global advertising agency.