InterWest Partners

InterWest Partners is a venture capital firm based in Menlo Park, California, with an additional office in Dallas, Texas, that invests in early-stage companies across the life sciences and information technology sectors. Since its inception, the firm has raised over $2.8 billion across multiple funds, currently deploying capital from InterWest X, a $650 million fund. InterWest has a track record of successful exits, having completed 94 initial public offerings and 93 acquisitions for its portfolio companies. The firm's investment team includes 13 partners, such as managing partner Gil Kliman, who leads the healthcare team, and has supported companies like Doximity, co-founded by entrepreneur-in-residence Jeff Tangney. InterWest Partners was founded in 1979; specific founders are not publicly detailed. Its business model centers on raises venture capital funds from limited partners and invests in portfolio companies, earning returns through IPOs and acquisitions.