United States · 
What does Western Technology Investment invest in?
Western Technology Investment invests most often at Series A and Seed (45% of the rounds on record), in sectors such as Finserv, Lending and Fintechs.
Western Technology Investment highlights
- 01
9 cheques in the last 12 months
- 02
Mostly Series A and Seed: 45% of its rounds
- 03
Sole investor in 32 rounds, median $3.0M
- 04
26 exits from the portfolio
What they do
Our firm pioneered the concept of venture debt to fill a significant capital gap in the market.From their own website
- Type
- VC firm (from a list, unverified)
- Cheque size
- $250K – $30M as they say
- Stages
- Pre-seedSeedSeries ASeries BGrowthPre-IPO
- Sectors
- FinservLendingFintechs
- Based in
- Portola Valley, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first222 appearances
- 2026
7 rounds
- Sept
- Aug
- Apr
- Feb
- Jan
- Jan
- Jan
- 2025
6 rounds
- Dec
- Nov
- Oct
- May
- Mar
- Jan
- 2024
7 rounds
- Dec
- Oct
- Oct
- Jun
- Feb
- Jan
- Jan
- 2023
5 rounds
- Oct
- May
- Mar
- Jan
- Jan
- 2022
13 rounds
- Dec
- Dec
- Nov
- Nov
- Nov
- Nov
- Oct
- Sept
- Sept
- Sept
- Aug
- Jul
- Apr
- 2021
6 rounds
- Nov
- Oct
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration4 named
DRDavid Ryan WanekChief Executive OfficeriForm ADV
JSJared Sutherland ThearChief Financial Officer / Chief Compliance OfficeriForm ADV
MCMaurice Clark WerdegarExecutive ChairmaniForm ADV
RRRodolfo RuanoVice PresidentiForm ADV
We also hold 36 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
$2.0Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- Westech Investment Advisors LLC
- SEC number
- CRD 110429
Funds on its Form ADV
8 private funds, $1.9B in gross assets · filed Mar 2024
- WTI Fund X, LLCPrivate equity97 investors$729M
- Venture Lending & Leasing IX, LLCPrivate equity63 investors$598M
- Venture Lending & Leasing VIII, LLCPrivate equity60 investors$250M
- Venture Lending & Leasing VII, LLCPrivate equity62 investors$163M
- Venture Lending & Leasing VI, LLCPrivate equity59 investors$67M
- WTI Equity Opportunity Fund I, L.P.Private equity25 investors$59M
- Venture Lending & Leasing V, LLCPrivate equity54 investors$12M
- Venture Lending & Leasing IV, LLCPrivate equity52 investors$2.6M
What they claim to have backed
From their own portfolio page (on their website)
60 of 60 we have independently watched raise
2045 Studio3D BioAPISecAbacumAccelsiusAirspeedAkadeum Life SciencesAminoAro HomesAuterionAutolabAxiadoBeekeeper's NaturalsBite InvestmentsBlackCartBrave CareBrick DynamicsCalystaCanvas MedicalCarbon RidgeCentsCeres ImagingChowbusCofertilityCopia GlobalCornerUpCreoateCrowdedDaybaseDianthusEasy KnockElysium HealthEquiiFamily FirstFanimalFindigsFlossyFutureProof TechnologiesGallant PetGiantGootenGrokkerHDataHadrianHeading HealthHivedHokenHome365InnerwellInnventureIoogoJericho SecurityKindred MotorworksLacuna TechnologiesLast EnergyLendtableLevel HomeLiteratiLocadLucraand 124 more
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Exits from the portfolio
Companies it backed that were later bought or listed26 in all
AltspaceVRBought by MicrosoftUndisclosedOct 2017
Corona LabsBought by Perk.com$2.3MNov 2015
SeeControlBought by AutodeskUndisclosedAug 2015
XceediumBought by CA TechnologiesUndisclosedAug 2015
BlekkoBought by IBM (International Business Machines)UndisclosedMar 2015
Corona LabsBought by Fuse Powered Inc.UndisclosedNov 2014
Pure Energies GroupBought by NRG EnergyUndisclosedOct 2014
Plastic JungleBought by CardCash.comUndisclosedJul 2014
Berkeley Design AutomationBought by Mentor GraphicsUndisclosedMar 2014
Health Guru Media Inc.Bought by Kitara MediaUndisclosedDec 2013
Topsy LabsBought by Apple$200MDec 2013
The Climate CorporationBought by Monsanto$930MOct 2013
Relume TechnologiesBought by Revolution Lighting Technologies$15MAug 2013
BloomspotBought by Chase Banking CorporationUndisclosedDec 2012
Tap.MeBought by MediaMathUndisclosedDec 2012
ProStor SystemsBought by ImationUndisclosedAug 2012
InvolverBought by Oracle CorporationUndisclosedJul 2012
The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.