# Northwest Venture Associates

Northwest Venture Associates is a Venture Capital based in Spokane, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Spokane, United States
- **Region:** North America
- **Address:** Spokane, WA, United States
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** nwventure.com

## Regulatory record

- **Reports private funds:** No

## About

Northwest Venture Associates is a venture capital firm investing in Pacific-Northwest based companies. The firm has made 63 investments, including a Series B investment in Selkirk Pharma on September 15, 2020. Northwest Venture Associates has 13 portfolio exits, with Intrepid Learning Solutions exiting on December 01, 2017.

## Sectors

- Enterprise Software
- Digital Health
- Industrial Tech
- Mobility & Transportation

## People

- Tom Simpson — Managing General Partner
- Chris L. Hurley — General Partner

## Questions

### Who runs investment decisions at Northwest Venture Associates?

Tom Simpson, the firm's co-founder and Managing General Partner, leads investment decisions. Chris L. Hurley serves as General Partner and participates in deal evaluation and portfolio management. The firm has not disclosed additional investment committee members or principals.

### How does Northwest Venture Associates source proprietary deal flow?

The firm sources from its Spokane headquarters, relying on a network of relationships across secondary and tertiary US business communities that are underserved by coastal venture capital. This geography-driven origination strategy is reinforced by the firm's three-decade presence in the Pacific Northwest and Intermountain West. Co-investment relationships with regional funds like Madrona Venture Group and Foundry Group also contribute to deal access.

### What sectors does Northwest Venture Associates focus on?

The firm maintains a generalist growth-equity mandate with demonstrated portfolio activity in enterprise software, digital health, industrial technology, and mobility. It does not target sector-specific funds or disclose explicit exclusion lists. Portfolio companies have included Coinbase Global (crypto infrastructure), 1Password (cybersecurity), and Ping Identity (identity management).

### How is Northwest Venture Associates structured relative to its portfolio companies?

The firm operates as a traditional growth-equity partnership, taking minority and majority positions in later-stage private companies. It does not maintain a permanent capital vehicle, fund-of-funds program, or publicly disclosed co-investment club. Investment structures are fund-driven, with capital deployed from closed-end partnerships raised periodically across the firm's history.

## Related profiles

- [Capivest](https://altss.com/profile/capivest)
- [Inman & Bowman](https://altss.com/profile/inman-and-bowman)

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Last updated: 2026-06-03T20:00:00.000Z

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