Venture capital firm
WestCap portfolio
westcap.comWestCap is a venture capital firm based in New York, United States, founded in 1996. It has invested in 36 venture-backed companies across 52 funding rounds on VCMC, and led 31 of those rounds. 2 of them were in the last 12 months.
36
Venture-backed companies
in its portfolio on VCMC
52
Funding rounds
led 31
2
Last 12 months
rounds, Oct 2025 to Sep 2026
23
With a disclosed valuation
of 36 companies
$65.3B
Combined value of its private companies
the whole companies, not what WestCap owns
35 private companies WestCap has backed have a VCMC valuation; together they are worth $65.3B. That is the value of the whole companies, not what WestCap owns. Upgrade is 15% of the total. 1 company it backed has since been acquired and is not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Full WestCap portfolio (36 companies)
36 companies.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | GoodLeap Loans & Financing · led at Growth, 2021 | Debt Oct 2026 $389M | $7.6B | $1.1B – $13.8B | $7.6B (0%) | $1.2B | 0% | 1,280 | up | D | |
| 2 | Point Loans & Financing · led at Series C, 2022 | Debt Dec 2025 $2.50B | $837M | $287M – $1.8B | $818M (-2%) | $141M | 17% | 542 | growing | C | |
| 3 | iCapital Investment Consultants & Financial Advisors · led at Growth, 2020 | Growth Equity Jul 2025 $820M | $8.7B | $6.0B – $10.1B | $8.7B (0%) | $787M | 0% | 2,418 | up | A | |
| 4 | NYDIG Cryptocurrency · led at Growth, 2021 | Growth Equity Dec 2021 $1.00B | $4.1B | $742M – $7.8B | $4.1B (0%) | $676M | 19% | 196 | up | D | |
| 5 | Bolt Payment Processing & Point of Sale · led at Series C, 2020 | Bridge Sep 2026 $27M | $8.4B | $706M – $13.9B | $7.8B (-8%) | $1.6B | 2% | 796 | flat | D | |
| 6 | Celsius Cryptocurrency · led at Series B, 2021 | Series B Nov 2021 $750M | $32.5M | $0 – $32.5M | $32.5M (0%) | – | 100% | 118 | flat | dead | |
| 7 | Addepar Tech Companies · led at Growth, 2020 | Series G May 2025 $230M | $4.4B | $2.7B – $5.1B | $4.4B (0%) | $483M | 0% | 1,506 | up | B | |
| 8 | Upgrade Loans & Financing · since Series A, 2017 | Series G Oct 2025 $165M | $9.5B | $6.3B – $10.9B | $9.5B (0%) | $1.0B | 0% | 1,602 | flat | A | |
| 9 | Hopper Travel Agencies · since Series F, 2021 | Growth Equity Nov 2022 $96M | $1.2B | $576M – $4.6B | $925M (-23%) | $466M | 89% | 1,061 | down | D | |
| 10 | Paxos Cryptocurrency · since Series D, 2021 | Series D Apr 2021 $300M | $1.6B | $342M – $3.9B | $1.5B (-9%) | $420M | 31% | 325 | up | D | |
| 11 | Cerebral Psychologists & Counseling Services · since Series A, 2020 | Series C Dec 2021 $300M | $1.9B | $313M – $6.5B | $1.8B (-4%) | $686M | 46% | 580 | flat | D | |
| 12 | Preply Language & Speaking Schools · led at Series D, 2026 | Series D Jan 2026 $150M | $1.6B | $1.0B – $1.9B | $1.7B (+9%) | $186M | 0% | 19,648 | growing | B | |
| 13 | Tech Companies · led at Series C, 2021 | Series D Aug 2024 $225M | $5.0B | $1.6B – $8.5B | $3.4B (-31%) | $683M | 36% | 489 | unknown | C | |
| 14 | Tech Companies · led at Series B, 2021 | Series D Oct 2025 | $1.2B | $618M – $2.5B | $801M (-36%) | $179M | 97% | 37 | shrinking | C | |
| 15 | Cybersecurity · led at Growth, 2022 | Growth Equity Oct 2024 $50M | $561M | $198M – $934M | $374M (-33%) | $55.7M | 19% | 520 | flat | C | |
| 16 | Tech Companies · led at Series C, 2022 | Series C Sep 2022 $60M | $136M | $43.7M – $795M | $104M (-23%) | $62.4M | 89% | 106 | down | D | |
| 17 | Tech Companies · led at Series C, 2024 | Series D Oct 2026 $150M | $2.3B | $2.0B – $3.4B | $3.0B (+28%) | $329M | 0% | 556 | growing | A | |
| 18 | Real Estate Rental · led at Series B, 2019 | Series D Mar 2024 $45M | $587M | $140M – $1.1B | $499M (-15%) | $78.1M | 26% | 754 | flat | D | |
| 19 | Payment Processing & Point of Sale · since Seed, 2021 | Series B Jan 2025 $90M | $1.2B | $460M – $1.4B | $1.2B (0%) | $131M | 0% | 169 | flat | B | |
| 20 | Tech Companies · led at Series C, 2021 | Growth Equity Nov 2025 $70M | $813M | $514M – $1.2B | $674M (-17%) | $77.5M | 58% | 270 | flat | B | |
| 21 | Tech Companies · led at Series D, 2021 | Series D May 2021 $99M | $193M | $74.2M – $1.3B | $158M (-18%) | $122M | 97% | 180 | down | D | |
| 22 | Data Solutions · led at Series E, 2021 | Acquisition Aug 2025 | $385M acquired 2025 | $81.6M – $2.0B | – | – | 73% | 448 | down | D | |
| 23 | Nutritionists & Weight Loss Specialists · led at Series B, 2021 | Series B Dec 2021 $100M | $190M | $46.5M – $706M | $184M (-3%) | $105M | 65% | 168 | flat | D | |
| 24 | Tech Companies · since Series A, 2019 | Growth Equity Feb 2024 $72M | $399M | $161M – $984M | $196M (-51%) | $63.0M | 73% | 135 | down | C | |
| 25 | Real Estate Investment · led at Growth, 2023 | Growth Equity May 2023 $100M | $349M | $252M – $616M | $214M (-39%) | $124M | 97% | 107 | shrinking | B | |
| 26 | Occupational Therapy · since Series C, 2021 | Series C Oct 2021 $90M | $212M | $36.2M – $1.3B | $184M (-13%) | $102M | 64% | 104 | down | D | |
| 27 | Tech Companies · led at Series B, 2022 | Series B Nov 2022 $46M | $336M | $34.3M – $666M | $290M (-14%) | $53.2M | 14% | 385 | flat | D | |
| 28 | Investment Consultants & Financial Advisors · led at Series B, 2022 | Series B Feb 2022 $64M | $416M | $25.7M – $795M | $380M (-8%) | $75.4M | 5% | 110 | flat | D | |
| 29 | Tech Companies · since Seed, 2022 | Series B Dec 2025 $40M | $473M | $261M – $575M | $500M (+6%) | $55.0M | 0% | 132 | growing | B | |
| 30 | Employment Agencies & HR Consulting · led at Series B, 2022 | Series B Dec 2022 $40M | $219M | $23.1M – $399M | $192M (-12%) | $33.9M | 10% | 227 | flat | D | |
| 31 | Tech Companies · led at Series A, 2020 | Series B Aug 2021 $30M | $128M | $84.0M – $280M | $124M (-4%) | $183M | 97% | 480 | shrinking | C | |
| 32 | Tech Companies · led at Series B, 2024 | Series B Aug 2024 $30M | $383M | $129M – $583M | $348M (-9%) | $42.2M | 0% | 176 | up | C | |
| 33 | Tech Companies · led at Series A, 2021 | Series A Mar 2021 $30M | $136M | $35.1M – $465M | $129M (-5%) | $49.1M | 38% | 59 | growing | D | |
| 34 | Tech Companies · led at Series A, 2023 | Series A Sep 2023 $20M | $78.6M | $20.1M – $259M | $59.7M (-24%) | $29.2M | 64% | 41 | flat | D | |
| 35 | Data Solutions · since Seed, 2023 | Seed Feb 2023 $13M | $126M | $8.80M – $262M | $116M (-8%) | $36.0M | 0% | 25 | flat | D | |
| 36 | Professional & Management Training · since Series A, 2022 | Series A Jan 2022 $10M | $6.13M | $3.03M – $20.3M | $6.00M (-2%) | $10.9M | 97% | 24 | shrinking | C |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How WestCap invests: stages, industries and countries
Most of its rounds are Series C and later (58%). Its companies span 16 industries, most in Tech Companies, Cryptocurrency and Loans & Financing, across 5 countries.
Rounds by stage
- Seed 3
- Series A 8
- Series B 11
- Series C and later 30
Investments by industry
- Tech Companies 14
- Cryptocurrency 3
- Loans & Financing 3
- Data Solutions 2
- Investment Consultants & Financial Advisors 2
- Payment Processing & Point of Sale 2
- Cybersecurity 1
- Employment Agencies & HR Consulting 1
Investments by country
- United States 31
- Canada 2
- Germany 1
- India 1
- United Kingdom 1
Recent rounds
WestCap's latest investments
WestCap's most recent funding rounds, newest first. 2 rounds in the last 12 months.
- Preply Series D, led $150M 21 Jan 2026
- Growth $70M 20 Nov 2025
- Addepar Series G, led $230M 13 May 2025
- Series B $90M 21 Jan 2025
- Series C, led $100M 23 Oct 2024
- Growth, led $50M 9 Oct 2024
- Series B, led $30M 22 Aug 2024
- Series D, led $225M 8 Aug 2024
- Series D $45M 28 Mar 2024
- Series A, led $20M 12 Sep 2023
Co-investors
WestCap's top co-investors
The investors that most often join the same rounds as WestCap. Oak HC/FT leads, with 6 rounds together.
- Oak HC/FT 6 rounds together
- Goldman Sachs 5 rounds together
- Morgan Stanley 4 rounds together
- Andreessen Horowitz 4 rounds together
- 4 rounds together
- 3 rounds together
- Matrix 3 rounds together
- Blackstone 3 rounds together
- 3 rounds together
- 2 rounds together
About
About WestCap
WestCap is a United States investment company engaged in building generational businesses through operating and investing in sectors such as fintech, extech, and INFRAtech. The company provides growth capital and operational support to its portfolio companies, including assistance in product and design, marketing and brand, revenue and go-to-market, talent and organizational development, and finance and operations. WestCap operates from its headquarters in New York, with additional offices in San Francisco, London, and Portsmouth, New Hampshire.
Description from Veridion's company data.
- Founded
- 1996
- Based in
- New York, United States
- Team
- 81 people, -7% in a year
- Type
- Venture capital firm
Focus markets
- Fintech
- Technology
- Infrastructure
What WestCap offers
- Strategic Business Development Services
- Growth Capital Investment Services
- Portfolio Company Scaling and Execution
- Fintech Sector Investment and Growth Services
- Extech Sector Investment and Growth Services
- INFRAtech Sector Investment and Growth Services
- Operating Excellence Consulting Services
- Product and Design Development Services
Questions
WestCap: frequently asked questions
How many companies has WestCap invested in?
36 venture-backed companies on VCMC, across 52 funding rounds.
What are WestCap's most valuable private companies?
Upgrade ($9.5B), iCapital ($8.7B), Bolt ($8.4B), by VCMC's valuation.
What was WestCap's latest investment?
Preply, a Series D round in Jan 2026 of $150M, which WestCap led.
Which stages does WestCap invest in?
WestCap invests most often at Series C and later (30 rounds), followed by Series B (11) and Series A (8). It has also joined 3 seed rounds.
What is WestCap's portfolio worth?
Its private companies with a VCMC valuation are worth $65.3B together. That is the sum of the companies' values, not what WestCap owns.
Who does WestCap invest alongside?
Oak HC/FT (6 rounds), Goldman Sachs (5 rounds), Morgan Stanley (4 rounds).