Western Technology Investment

Western Technology Investment is a venture capital firm that specializes in offering acquisition financing to revenue generating firms.

ActiveVenture Capital

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Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Mar 1, 2025	Trust & Will	$30.0M Series C	—	American Express Ventures, Moderne Ventures, Rising Tide Partners, Touchdown Ventures, Wolfpack Ventures, Sahin Boydas
Nov 1, 2024	Brellium	$11.0M Series A	—	American Express Ventures, Moderne Ventures, Rising Tide Partners, Touchdown Ventures, Wolfpack Ventures
Apr 1, 2022	Flipside Crypto	$50.0M Series A	—	Kevin Hartz, AIX Ventures, Amity Ventures, Amplify Partners, Anzu Partners, Felicis Ventures, Footwork, General Catalyst, Genoa Ventures, Khosla Ventures, M13, Otherwise Fund, QED Investors, Sequoia Capital, SV Angel, Tribe Capital, True Ventures, Uncork Capital, Aaron Patzer, Adam Guild, Georges Harik, Harris Barton, James Hong, Jawed Karim, Russell Fradin, Russ Fradin, Varsha Rao
Apr 1, 2022	Decimal	$9.0M Seed	—	Arthur Ventures, First Round Capital, Javelin Venture Partners, Uncork Capital, Yan-David Erlich
Mar 1, 2022	Capchase	$80.0M Series B	—	01 Advisors, Kevin Hartz, at.inc/, Bond, Felicis Ventures, Forerunner Ventures, Hercules Capital, Khosla Ventures, M13, Otherwise Fund, QED Investors, Sequoia Capital, SV Angel, True Ventures, Tusk Venture Partners, Uncork Capital, Aaron Patzer, Harris Barton, Jawed Karim, Russell Fradin, Russ Fradin, Sahin Boydas
Dec 1, 2021	Universe	$30.0M Series B	—	20VC, Addition, Alt Capital, Banana Capital, BoxGroup, Buckley Ventures, CP Ventures, Curated, Energy Impact Partners, G2VP, Global Founders Capital, M.G. Siegler, GV, Hyper, Javelin Venture Partners, Kaszek Ventures, LGF, Lightspeed Venture Partners, monashees, Not Boring Capital, Plaid, Point Nine Capital, Rubicon VC, Stripe, The Hit Forge, Tiger Global Management, Todd and Rahul's Angel Fund, WndrCo LLC, Frank Westermann, James Beshara, MG Siegler, Scott Belsky, Tom McInerney
Oct 1, 2021	Mobi.AI	$21.0M Series A	—	Fyrefly VC, One Way Ventures, rocketship.vc, Streamlined Ventures, Larry Braitman, Lawrence Braitman, Michael Birch
Oct 1, 2021	Hedron	$18.0M Series A	—	Alumni Ventures, Amicus Capital, Flybridge Capital Partners, Founders Co-op, Kaszek Ventures, Lockheed Martin Ventures, Marlinspike, monashees, Moonshots Capital, NextView Ventures, Practical Venture Capital, Snowpoint Ventures, Space Capital, The Engine, Dharmesh Shah, Don Hutchison, Rich Miner, Roger Ehrenberg
Jul 1, 2021	ClayStack	$5.0M Seed	—	040 Capital, AirAngels, Alumni Ventures, Andreessen Horowitz, Anorak Ventures, Archetype, Archimedes Accelerator LLC, Atomico, Audacity, Audrey Capital, Awesome People Ventures, Baseline Ventures, Battery Ventures, Benchmark, Betaworks Ventures, Big Sky Health, Blockchain Capital, Blockchain Coinvestors AngelList Syndicate, Broadway Angels, Chapter One Ventures, Cherry Ventures, ClimacticVC, CoinFund, Craig Shapiro, Daffy, Divergence Ventures, Dragonfly Capital Partners, Draper Associates, Electric Ant, Electric Capital, ENIAC Ventures, Ethereal Ventures, Expon Capital, Firstminute Capital, foobar.vc, Founders Fund, Future Perfect Ventures, General Catalyst, Goodwater Capital, Greenfield One, Hack VC, Hashed, Heavybit, Ignition Partners, Infinity Ventures Crypto, Kearny Jackson, Khosla Ventures, Kleiner Perkins, LAUNCH, LocalGlobe, Lowercarbon Capital, M34 Capital, Makers Fund, Mayfield, Mechanism Capital, Nascent, North Bridge, Not Boring Capital, Octopus Ventures, ParaFi Capital, Pioneer Fund, Polygon, Radicle Ventures, Redpoint Ventures, Robot Ventures, SciFi VC, Seed Club Ventures, Sequoia Capital, Seven Seven Six, Shasta Ventures, SID Venture Partners, Slow Ventures, Solana Ventures, SOSV, Sound Ventures, South Park Commons, Spark Capital, Summit Partners, Supercharge.vc, The Hit Forge, The House Fund, Todd and Rahul's Angel Fund, True Ventures, Union Square Ventures, Upside Partnership, Vayner RSE, Version One Ventures, Weekend Fund, WPP Ventures, Y Combinator, Zinc, Adam Jackson, Akin Sawyerr, Alex Pack, Aliaksandr Hudzilin, Alice Lloyd George, Anastasia Andrianova, Andrew Steinwold, Balaji Srinivasan, Bill Raduchel, Biz Stone, Bo Shao, Brad Holden, Bryan Meehan, Carrie Schwab-Pomerantz, Charles Goldman, Chris Kelly, Claire Novorol, David Nage, Do Kwon, Don Dodge, Dustin Moskovitz, Eric Wu, Fidji Simo, Henry Kravis, Imran Khan, Jeff Morris, Jess Sloss, Joi Ito, Josh Spear, Julie Zhuo, Karl Jacob, Lauren Loktev, Luis Cuende, Marc Benioff, Mariano Conti, Mark Pincus, Moaffak Ahmed, Nathaniel Whittemore, Regan Bozman, Rene Reinsberg, Scott Belsky, Sina Habibi, Stani Kulechov, Stanley Druckenmiller, Stefan George, Steve Weinstein, Tegan Kline, Tom Foster-Carter, Trevor McFedries, Tyler Scott Ward, Victoria van Lennep
Jun 1, 2021	Capchase	$130.0M Series A	—	Kevin Hartz, Felicis Ventures, Khosla Ventures, M13, Otherwise Fund, QED Investors, SV Angel, True Ventures, Uncork Capital, Aaron Patzer, Harris Barton, Jawed Karim, Russell Fradin, Russ Fradin
May 1, 2021	Pathrise	$6.0M Series A	—	Avalanche VC, Learn Capital, Rebalance Capital
Feb 1, 2021	Infinitus Systems	$21.0M Series A	—	Arthur Ventures, First Round Capital, Javelin Venture Partners, Uncork Capital
Jun 1, 2020	Menten AI	$4.0M Seed	—	Altair Capital Management, Arthur Ventures, Chaac Ventures, First Round Capital, Javelin Venture Partners, Khosla Ventures, Reach Capital, Social Impact Capital, Sony Innovation Fund, Uncork Capital, Charles Huang, Jaan Tallinn, Yan-David Erlich
Apr 1, 2020	The Crafter's Box	$500K Seed	—	American Express Ventures, Moderne Ventures, Rising Tide Partners, Touchdown Ventures, Wolfpack Ventures, Sahin Boydas
Dec 1, 2019	Trust & Will	$6.0M Series A	—	American Express Ventures, Moderne Ventures, Rising Tide Partners, Touchdown Ventures, Wolfpack Ventures, Sahin Boydas
Nov 1, 2019	Scanwell Health	$4.0M Seed	—	Adeyemi Ajao, DCM, Lobby Capital, Jonathan Golden, Uncork Capital
Apr 1, 2019	Gainfully	$6.0M Series A	—	IA Capital Group, MassMutual Ventures
Jan 1, 2019	Trust & Will	$2.0M Seed	—	American Express Ventures, Moderne Ventures, Rising Tide Partners, Touchdown Ventures, Wolfpack Ventures, Sahin Boydas
Jul 1, 2018	Mobi.AI	$5.0M Seed	—	Energy Capital Ventures, Fyrefly VC, One Way Ventures, Recursive Ventures, Relay Ventures, rocketship.vc, RPM Ventures, Streamlined Ventures, Jared Kopf, Larry Braitman, Lawrence Braitman, Mark Goines, Michael Birch
Jul 1, 2018	Kindly Care	$5.0M Series A	—	Arthur Ventures, Ascend Vietnam Ventures, Broadway Angels, Catapult Capital, First Round Capital, Floodgate, Founders Co-op, Founders' Co-op, Javelin Venture Partners, Madrona Ventures, Mayfield, MHS Capital, NGP Capital, Sapphire Ventures, Silicon Valley Connect, Turtle Ventures, Uncork Capital, Vast Ventures, Yan-David Erlich
Jun 1, 2018	Universe	$4.0M Series A	—	10100, Accel, Altair Capital Management, Astella, BoxGroup, C3 Ventures, CP Ventures, Curated, Energy Impact Partners, ENIAC Ventures, Founder Collective, G2VP, Intuit Ventures, Javelin Venture Partners, Kindred Ventures, KRM Interests LLC, Lightspeed Venture Partners, One Way Ventures, Sarona Ventures, Seven Seven Six, Social Starts, Tiger Global Management, Trinity Ventures, Venture Highway, Webb Investment Network, Y Combinator, Aaron Harris, Baris Gultekin, Claire Hughes Johnson, Gokul Rajaram, Immad Akhund, Rob May, Ryan Shea, Tom McInerney
Jun 1, 2018	Stensul	$7.0M Series A	—	8VC, Accelerator Ventures, Addition, AIX Ventures, Anorak Ventures, Arthur Ventures, Audrey Capital, Axiom Partners, Balderton Capital, Catapult Capital, Cosmic Venture Partners, CP Ventures, Fifth Wall, First Round Capital, Footprint Coalition, Great Oaks Venture Capital, GSV Acceleration, Harrison Metal, Insight Partners, Inspired Capital, Javelin Venture Partners, K9 Ventures, Kain Capital, Lowercarbon Capital, Madrona Ventures, Mayfield, Rick Yang, Outlander Labs, Partech Ventures, Polaris Partners, Resolute Ventures, Slow Ventures, Sound Ventures, South Park Commons, Stripes Group, ThirdLove, Tribe Capital, Twelve Below, Uncork Capital, Unpopular Ventures, Village Global, WorkLife Ventures, XYZ Venture Capital, Andy Coravos, Avid Larizadeh, Baron Davis, Clark Landry, Ding Zhou, Edith Harbaugh, Erik Moore, Frederic Kerrest, Gwyneth Paltrow, Hiro Tamura, John Kobs, Jonathan Swanson, Kelvin Beachum Jr., Mathilde Collin, Matt Mazzeo, Peter Sonsini, Rashaun Williams, Ryan Carlson, Shelby Bonnie, Trevor McFedries, Yan-David Erlich
Apr 1, 2018	Truework	$3.0M Seed	—	9Yards Capital, Kevin Hartz, ACME Capital, Activant Capital, Adverb Ventures, Amity Ventures, Andreessen Horowitz, Chloe Sladden, Balderton Capital, Batalion Capital, BlueRun Ventures, Bowery Capital, Buckley Ventures, Caffeinated Capital, Canvas Ventures, Catapult Capital, Cherry Ventures, Coatue, Company Capital, Cota Capital, Craft Ventures, CrunchFund, Curated, Curie.Bio, DCM, Electric Capital, Elefund, Ensemble VC, Evolve VC, Felicis Ventures, FirstMark Capital, First Round Capital, Flex Capital, Flybridge, Footwork, Gideon Yu, Founder Collective, Founders Fund, FPV Fund, Frontline Ventures, Fubu, General Atlantic, General Catalyst, Goat Capital, Great Oaks Venture Capital, Greylock, GSV Asset Management, Haystack, Homebrew, Human Capital, Indeed.com, Innovent Capital Group, Javelin Venture Partners, Jigsaw VC, K9 Ventures, Khosla Ventures, Kindred Ventures, Kleiner Perkins, KRM Interests LLC, Lakestar, Long Journey Ventures, Menlo Ventures, Moonshots Capital, Next Play Ventures, Glenn Solomon, Offline Ventures, Operator Partners, Pioneer Fund, Presence Capital, Quiet Capital, Ride Ventures, Gil Penchina, Saga, SciFi VC, Sequoia Capital, Seven Seven Six, Sinai Ventures, South Park Commons, Spero Ventures, Susa Ventures, SV Angel, The Finger Group, The General Partnership, The Hit Forge, ThirdLove, Thrive Capital, Tribe Capital, True Ventures, TSVC Capital, Underdog Labs, Union Square Ventures, UpHonest Capital, UP.Partners, Vine Ventures LP, VitalStage Ventures, Winklevoss Capital, Y Combinator, Aaron Levie, Adrian Aoun, Andy Rankin, Brian Distelburger, Charlie Cheever, Charlie Songhurst, Chris Fanini, David Marcus, David Yaffe, Desmond Lim, Dharmesh Shah, Emmett Shear, Gokul Rajaram, Hanno Renner, Immad Akhund, Jason Lemkin, Jeffrey Lee, Jeff Seibert, Jeremy Stoppelman, Joe Greenstein, Joshua Schachter, Julius Köhler, Karim Atiyeh, Karim Elsahy, Kevin Lin, Kintan Brahmbhatt, Kyle Vogt, Louis Beryl, Luc Vincent, Manish Shah, Mario Götze, Matt Brezina, Michael Wax, Michał Borkowski, Mikhail Seregine, Oliver Thylmann, Osama Bedier, Paul McKellar, Pierre Valade, Rene Reinsberg, Rob Theis, Ron Pragides, Russell Cook, Sam Altman, Samvit Ramadurgam, Scott Banister, Scott Belsky, Shervin Pishevar, Shri Ganeshram, Sohail Prasad, Stewart Butterfield, Tikhon Bernstam, Tim Ferriss, Tirto Adji, Todd Corenson, Travis Vanderzanden, Vipul Ved Prakash, Vivek Garipalli, Wayne Chang, Wiley Cerilli, William Hockey
Sep 1, 2017	Hedron	$4.0M Seed	—	Amicus Capital, Flybridge Capital Partners, Founders Co-op, Kaszek Ventures, Marlinspike, monashees, NextView Ventures, Practical Venture Capital, Space Capital, The Engine, Dharmesh Shah, Don Hutchison, Rich Miner, Roger Ehrenberg
Jul 1, 2017	PlanetWatchers	$2.0M Seed	—	Amicus Capital, Blumberg Capital, Flybridge Capital Partners, Founders Co-op, Hanaco Ventures, Heavybit, NextView Ventures, PICO Venture Partners, Practical Venture Capital, Resolute Ventures, Sapir Venture Partners, Tectonic Capital, The Engine, Dharmesh Shah, Don Hutchison, Rich Miner, Roger Ehrenberg

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Western Technology Investment.

Leadership Team

Key people at Western Technology Investment.

Deep Dive

Western Technology Investment (WTI) is a venture debt firm specializing in providing flexible, founder-friendly acquisition and growth financing to revenue-generating technology and life sciences companies. Their mission centers on supporting startups with scalable credit facilities that minimize equity dilution, enabling companies to fully utilize capital throughout their lifecycle—from seed stage through IPO and beyond. WTI invests across diverse sectors including technology, life sciences, AgriTech, Web3, and media, impacting the startup ecosystem by filling a critical capital gap with patient, stable debt financing that complements equity funding and fosters sustainable growth[1][2][5].

Founded in 1980, WTI was an early pioneer of venture debt, evolving alongside major technology waves from semiconductors to the internet and modern innovation sectors. The firm is headquartered in Portola Valley, California, and is currently investing from its 11th institutional fund. Key partners include experienced former entrepreneurs, operators, and venture investors who empower timely, thoughtful lending decisions without burdensome covenants. WTI’s evolution reflects a steady expansion of its flexible credit model, emphasizing partnership and risk tolerance to support startups through various economic cycles and growth phases[1][2][5].

Core Differentiators

Unique Investment Model: WTI offers venture debt with no "Material Adverse Change" or "Insolvency Default" clauses, no investor support covenants, and no subjective requirements, providing startups with reliable access to capital when needed[1][2].
Scalable Credit Facilities: Their debt financing scales with companies from seed stage to public listing, allowing continuous capital support throughout the company lifecycle[1][2].
Network Strength: Backed by institutional LPs including endowments, non-profits, academic institutions, and family offices, WTI leverages a broad and stable investor base[1][2][5].
Track Record: Over 40 years of experience with more than 1,400 companies supported, including early investments in Google (2001), Meta (Facebook, 2004), Toast (2015), and Oscar (2012)[1][4][5].
Operating Support: Partners bring entrepreneurial and operational expertise, enabling flexible, founder-aligned lending decisions without a rigid sales or credit culture[2].

Role in the Broader Tech Landscape

WTI rides the growing trend of venture debt as a vital complement to equity financing in the startup ecosystem, especially as companies seek to extend runway and reduce dilution amid competitive capital markets. The timing is crucial as startups increasingly require flexible, non-dilutive capital to scale efficiently without sacrificing ownership. Market forces such as rising valuations, longer paths to profitability, and economic uncertainty favor WTI’s model of patient, founder-friendly debt. By providing stable capital through multiple economic cycles, WTI influences the broader ecosystem by enabling innovation continuity and supporting companies that might otherwise face financing gaps[1][2][5].

Quick Take & Future Outlook

Looking ahead, WTI is well-positioned to continue expanding its venture debt offerings, adapting to emerging sectors like Web3, AgriTech, and healthcare technology. Trends such as increased startup capital needs, evolving financing structures, and a focus on sustainable growth will shape their journey. WTI’s influence may grow as more startups and investors recognize the strategic value of venture debt in balancing growth and dilution. Their ongoing commitment to flexible, founder-aligned capital solutions will likely reinforce their role as a stable partner in the innovation economy, tying back to their foundational mission of supporting technology companies with true venture debt[1][2][5].

Sources

Core Differentiators

Unique Investment Model: WTI offers venture debt with no "Material Adverse Change" or "Insolvency Default" clauses, no investor support covenants, and no subjective requirements, providing startups with reliable access to capital when needed[1][2].
Scalable Credit Facilities: Their debt financing scales with companies from seed stage to public listing, allowing continuous capital support throughout the company lifecycle[1][2].
Network Strength: Backed by institutional LPs including endowments, non-profits, academic institutions, and family offices, WTI leverages a broad and stable investor base[1][2][5].
Track Record: Over 40 years of experience with more than 1,400 companies supported, including early investments in Google (2001), Meta (Facebook, 2004), Toast (2015), and Oscar (2012)[1][4][5].
Operating Support: Partners bring entrepreneurial and operational expertise, enabling flexible, founder-aligned lending decisions without a rigid sales or credit culture[2].