# The Westly Group

The Westly Group is a Private Equity based in Menlo Park, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Menlo Park, United States
- **Region:** North America
- **Address:** Menlo Park, CA, United States
- **Founded:** 2007
- **Assets under management:** Undisclosed
- **Website:** westlygroup.com
- **LinkedIn:** https://www.linkedin.com/company/the-westly-group

## Regulatory record

- **CRD number:** 161882
- **SEC file number:** 802-76194
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/161882

## About

The Westly Group is a venture firm that partners with entrepreneurs disrupting the world's largest industries. Since its inception in 2007, it has become one of the premier venture funds in North America focused on energy, mobility, buildings, industrial technology, and cybersecurity, with over $800 million under management.

## Sectors

- Energy Transition & Renewables
- Mobility & Transportation
- Enterprise Software
- AI/ML
- Cybersecurity

## People

- Steve Westly — Founder & Managing Partner

## Questions

### Who runs investment decisions at The Westly Group?

Founder and Managing Partner Steve Westly leads investment decisions. His background combines operating experience as eBay's SVP of Marketing during its scaling phase with public-sector leadership as California State Controller from 2003 to 2007, where he oversaw large-scale green investment mandates. The firm does not publicly detail a broader partnership.

### What sectors does The Westly Group target?

The firm centers on the energy transition, with specific focus on battery storage, electric mobility and EV infrastructure, smart grid software, building decarbonization technologies, industrial IoT, and cybersecurity for critical energy infrastructure. This is a deliberately narrow mandate rather than a generalist venture approach.

### How does the firm source its deal flow?

Deal flow is heavily shaped by the regulatory-policy nexus. The firm's origination channel often runs through utility-scale procurement cycles, state-level decarbonization mandates, and commercial pilots that are primed for regulatory tailwinds — a sourcing pattern distinct from the pure network-driven venture model.

### Does The Westly Group lead rounds or co-invest?

The firm participates in both lead and co-investment roles across early-stage and growth-stage rounds. In the 2022 WeaveGrid Series B, the firm co-invested alongside other climate- and mobility-focused investors, reflecting a collaborative posture common in capital-intensive energy-tech syndicates.

## Related profiles

- [The Western Investment Company of Canada](https://altss.com/profile/the-western-investment-company-of-canada-limited)
- [The White Oak Group](https://altss.com/profile/the-white-oak-group)

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Last updated: 2026-08-11T15:08:18.003Z

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