# Western Technology Investment: portfolio, investments and team

> Western Technology Investment is a vc firm based in United States. 222 investments on record, 9 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/wti (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Western Technology Investment

Last cheque observed Sep 2026; 222 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A Finserv Lending Fintechs

Follow Western Technology Investment and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fwti)

Deploying now

**90%** of best year **9** **cheques in 12 months**, 222 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$11M** Cheque size, as they say **$250K – $30M** Rounds led **1 of 222** Sole investor **32 rounds** Exits **26 from the portfolio** Mostly in **United States, 92%**

Pitch Western Technology Investment

## 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-seed Seed Series A Series B Growth Pre-IPO
- **Sectors:** Finserv Lending Fintechs
- **Based in:** Portola Valley, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **222 appearances**

- **2026** 7 rounds
- **Sept** **[DASH Dog Food](https://millionrounds.com/company/dash-dog-food)** Seed · US **$1.5M** Sole investor
- **Aug** **[Virtuix](https://millionrounds.com/company/virtuix)** Grant · US **$3.3M** With 2 others
- **Apr** **[Lucra Sports](https://millionrounds.com/company/lucra-sports)** Series B · US · TechCrunch **$20M** With 7 others
- **Feb** **[Feltsense Holdings](https://millionrounds.com/company/feltsense-holdings)** Seed · US **$5.1M** With 4 others
- **Jan** **[Innventure](https://millionrounds.com/company/innventure)** US **$40M** Sole investor
- **Jan** **[Virtuix](https://millionrounds.com/company/virtuix)** US **$11M** With 3 others
- **Jan** **[Accelsius](https://millionrounds.com/company/accelsius)** Series B · US **$65M** Sole investor
- **2025** 6 rounds
- **Dec** **[Manifold](https://millionrounds.com/company/manifold)** Series B · US **$18M** With 3 others
- **Nov** **[Cosmos Innovation](https://millionrounds.com/company/cosmos-innovation)** Venture · US **Undisclosed** With 3 others
- **Oct** **[Ava Financial](https://millionrounds.com/company/ava-financial)** Seed · US **$16M** With 2 others
- **May** **[Bito](https://millionrounds.com/company/bito)** Seed · US **$5.7M** With 3 others
- **Mar** **[Daisy](https://millionrounds.com/company/daisy)** Series C · US **$15M** With 1 other
- **Jan** **[Kindred Motorworks](https://millionrounds.com/company/kindred-motorworks)** Venture · US **Undisclosed** With 1 other
- **2024** 7 rounds
- **Dec** **[SkySQL](https://millionrounds.com/company/skysql)** Seed · TechCrunch **$6.6M** With 2 others
- **Oct** **[Truthset](https://millionrounds.com/company/truthset)** Series A · US **$5.0M** With 2 others
- **Oct** **[Carbon Ridge](https://millionrounds.com/company/carbon-ridge)** Venture · US **$9.5M** With 3 others
- **Jun** **[Daivergent](https://millionrounds.com/company/daivergent)** Venture · US **Undisclosed** With 2 others
- **Feb** **[Equii](https://millionrounds.com/company/equii)** Seed · US **$200K** With 2 others
- **Jan** **[Neosensory](https://millionrounds.com/company/neosensory)** Venture · US **Undisclosed** With 2 others
- **Jan** **[Truepic](https://millionrounds.com/company/truepic)** Venture · US **Undisclosed** With 1 other
- **2023** 5 rounds
- **Oct** **[Threedium](https://millionrounds.com/company/threedium)** Series A · GB **$11M** With 2 others
- **May** **[Airspeed](https://millionrounds.com/company/airspeed)** Seed · US **$5.0M** With 5 others
- **Mar** **[BlueCart](https://millionrounds.com/company/bluecart)** Debt · US **$250K** With 1 other
- **Jan** **[Merlyn Mind](https://millionrounds.com/company/merlyn-mind)** Venture · US **Undisclosed** With 1 other
- **Jan** **[Myro](https://millionrounds.com/company/myro)** Seed · US **$100K** With 2 others
- **2022** 13 rounds
- **Dec** **[Plant Prefab](https://millionrounds.com/company/plant-prefab)** Series C · US **$44M** With 1 other
- **Dec** **[VERTICAH](https://millionrounds.com/company/verticah)** Seed **$2.0M** With 3 others
- **Nov** **[Ordergroove](https://millionrounds.com/company/ordergroove)** Growth · US **$100M** With 3 others
- **Nov** **[Quinio](https://millionrounds.com/company/quinio)** Series A · MX **$40M** With 2 others
- **Nov** **[Grip](https://millionrounds.com/company/grip)** Pre-seed · US **$2.0M** With 1 other
- **Nov** **[Aro Homes](https://millionrounds.com/company/aro-homes)** Series A · US **$21M** With 1 other
- **Oct** **[Tumble](https://millionrounds.com/company/tumble)** Seed · US **$7.0M** With 1 other
- **Sept** **[Swiftly](https://millionrounds.com/company/swiftly)** Series C · SE **$100M** With 2 others
- **Sept** **[Jacobi](https://millionrounds.com/company/jacobi)** Series A · US **$10M** With 3 others
- **Sept** **[Caraway](https://millionrounds.com/company/caraway)** Series A · US **$35M** Sole investor
- **Aug** **[Positive Food Co.](https://millionrounds.com/company/positive-food-co)** Venture · US **$7.0M** With 4 others
- **Jul** **[Just Insure](https://millionrounds.com/company/just-insure)** Series A · US **$15M** With 2 others
- **Apr** **[BriteCo](https://millionrounds.com/company/briteco)** Series A · US **$9.0M** With 1 other
- **2021** 6 rounds
- **Nov** **[Markai](https://millionrounds.com/company/markai)** Seed · US **$4.0M** With 3 others
- **Oct** **[Medable](https://millionrounds.com/company/medable)** Series D · US **$304M** With 3 others

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 registration **4 named**

DR **David Ryan Wanek** Chief Executive Officer i Form ADV

JS **Jared Sutherland Thear** Chief Financial Officer / Chief Compliance Officer i Form ADV

MC **Maurice Clark Werdegar** Executive Chairman i Form ADV

RR **Rodolfo Ruano** Vice President i Form 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

**$2.0B** assets it manages Oct 2026

**Registered** investment adviser full 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, LLC *Private equity* 97 investors $729M
- Venture Lending & Leasing IX, LLC *Private equity* 63 investors $598M
- Venture Lending & Leasing VIII, LLC *Private equity* 60 investors $250M
- Venture Lending & Leasing VII, LLC *Private equity* 62 investors $163M
- Venture Lending & Leasing VI, LLC *Private equity* 59 investors $67M
- WTI Equity Opportunity Fund I, L.P. *Private equity* 25 investors $59M
- Venture Lending & Leasing V, LLC *Private equity* 54 investors $12M
- Venture Lending & Leasing IV, LLC *Private equity* 52 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 Studio](https://millionrounds.com/company/2045-studio)[3D Bio](https://millionrounds.com/company/3dbio)[APISec](https://millionrounds.com/company/apisec)[Abacum](https://millionrounds.com/company/abacum)[Accelsius](https://millionrounds.com/company/accelsius)[Airspeed](https://millionrounds.com/company/airspeed)[Akadeum Life Sciences](https://millionrounds.com/company/akadeum-life-sciences)[Amino](https://millionrounds.com/company/amino)[Aro Homes](https://millionrounds.com/company/aro-homes)[Auterion](https://millionrounds.com/company/auterion)[Autolab](https://millionrounds.com/company/autolab)[Axiado](https://millionrounds.com/company/axiado)[Beekeeper's Naturals](https://millionrounds.com/company/beekeeper-s-naturals)[Bite Investments](https://millionrounds.com/company/bite-investments)[BlackCart](https://millionrounds.com/company/blackcart)[Brave Care](https://millionrounds.com/company/brave-care)[Brick Dynamics](https://millionrounds.com/company/brick-dynamics)[Calysta](https://millionrounds.com/company/calysta)[Canvas Medical](https://millionrounds.com/company/canvas-medical)[Carbon Ridge](https://millionrounds.com/company/carbon-ridge)[Cents](https://millionrounds.com/company/cents)[Ceres Imaging](https://millionrounds.com/company/ceres-imaging)[Chowbus](https://millionrounds.com/company/chowbus)[Cofertility](https://millionrounds.com/company/cofertility)[Copia Global](https://millionrounds.com/company/copia-global)[CornerUp](https://millionrounds.com/company/cornerup)[Creoate](https://millionrounds.com/company/creoate)[Crowded](https://millionrounds.com/company/crowded)[Daybase](https://millionrounds.com/company/daybase)[Dianthus](https://millionrounds.com/company/dianthus)[Easy Knock](https://millionrounds.com/company/easyknock)[Elysium Health](https://millionrounds.com/company/elysium-health)[Equii](https://millionrounds.com/company/equii)[Family First](https://millionrounds.com/company/family-first)[Fanimal](https://millionrounds.com/company/fanimal)[Findigs](https://millionrounds.com/company/findigs)[Flossy](https://millionrounds.com/company/flossy)[FutureProof Technologies](https://millionrounds.com/company/futureproof-technologies)[Gallant Pet](https://millionrounds.com/company/gallant)[Giant](https://millionrounds.com/company/giant)[Gooten](https://millionrounds.com/company/gooten)[Grokker](https://millionrounds.com/company/grokker)[HData](https://millionrounds.com/company/hdata)[Hadrian](https://millionrounds.com/company/hadrian)[Heading Health](https://millionrounds.com/company/heading-health)[Hived](https://millionrounds.com/company/hived)[Hoken](https://millionrounds.com/company/hoken)[Home365](https://millionrounds.com/company/home365)[Innerwell](https://millionrounds.com/company/innerwell)[Innventure](https://millionrounds.com/company/innventure)[Ioogo](https://millionrounds.com/company/ioogo)[Jericho Security](https://millionrounds.com/company/jericho-security)[Kindred Motorworks](https://millionrounds.com/company/kindred-motorworks)[Lacuna Technologies](https://millionrounds.com/company/lacuna-technologies)[Last Energy](https://millionrounds.com/company/last-energy)[Lendtable](https://millionrounds.com/company/lendtable)[Level Home](https://millionrounds.com/company/level-home)[Literati](https://millionrounds.com/company/literati)[Locad](https://millionrounds.com/company/locad)[Lucra](https://millionrounds.com/company/lucra-sports) and 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 listed **26 in all**

**[AltspaceVR](https://millionrounds.com/company/altspacevr)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **Undisclosed** Oct 2017

**[Ustream](https://millionrounds.com/company/ustream)** Bought by [Ibm](https://millionrounds.com/fund/ibm) **Undisclosed** Jan 2016

**[Corona Labs](https://millionrounds.com/company/corona-labs)** Bought by Perk.com **$2.3M** Nov 2015

**[Fliptop](https://millionrounds.com/company/fliptop)** Bought by [LinkedIn](https://millionrounds.com/fund/linkedin) **Undisclosed** Aug 2015

**[SeeControl](https://millionrounds.com/company/seecontrol)** Bought by [Autodesk](https://millionrounds.com/fund/autodesk) **Undisclosed** Aug 2015

**[Xceedium](https://millionrounds.com/company/xceedium)** Bought by [CA Technologies](https://millionrounds.com/fund/ca-technologies) **Undisclosed** Aug 2015

**[Twice](https://millionrounds.com/company/twice)** Bought by [eBay](https://millionrounds.com/fund/ebay) **Undisclosed** Jul 2015

**[Blekko](https://millionrounds.com/company/blekko)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **Undisclosed** Mar 2015

**[Corona Labs](https://millionrounds.com/company/corona-labs)** Bought by Fuse Powered Inc. **Undisclosed** Nov 2014

**[Pure Energies Group](https://millionrounds.com/company/pure-energies-group)** Bought by [NRG Energy](https://millionrounds.com/fund/nrg-energy) **Undisclosed** Oct 2014

**[Plastic Jungle](https://millionrounds.com/company/plastic-jungle)** Bought by CardCash.com **Undisclosed** Jul 2014

**[Berkeley Design Automation](https://millionrounds.com/company/berkeley-design-automation)** Bought by [Mentor Graphics](https://millionrounds.com/fund/mentor-graphics) **Undisclosed** Mar 2014

**[Health Guru Media Inc.](https://millionrounds.com/company/health-guru-media-inc)** Bought by Kitara Media **Undisclosed** Dec 2013

**[Topsy Labs](https://millionrounds.com/company/topsy-labs)** Bought by [Apple](https://millionrounds.com/fund/apple) **$200M** Dec 2013

**[The Climate Corporation](https://millionrounds.com/company/the-climate-corporation)** Bought by [Monsanto](https://millionrounds.com/fund/monsanto-growth-ventures-mgv) **$930M** Oct 2013

**[Relume Technologies](https://millionrounds.com/company/relume-technologies)** Bought by Revolution Lighting Technologies **$15M** Aug 2013

**[Bloomspot](https://millionrounds.com/company/bloomspot)** Bought by Chase Banking Corporation **Undisclosed** Dec 2012

**[Tap.Me](https://millionrounds.com/company/tap-me)** Bought by MediaMath **Undisclosed** Dec 2012

**[ProStor Systems](https://millionrounds.com/company/prostor-systems)** Bought by [Imation](https://millionrounds.com/fund/imation) **Undisclosed** Aug 2012

**[Involver](https://millionrounds.com/company/involver)** Bought by [Oracle Corporation](https://millionrounds.com/fund/oracle) **Undisclosed** Jul 2012

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Pre-seed Seed Series A

Median round joined **$11M** the round, not its cheque Alone, median **$3.0M**

Led 1 of 222 rounds **0%**

- **Said size:** $250K – $30M
- **Sole investor:** 32 rounds
- **Last cheque:** Sept 2026
- **Exits:** 26 from the portfolio

Rounds by stage said on their site

- Series A said *44*
- Seed said *42*
- Venture *35*
- Series B said *31*
- Debt *23*
- Series C *15*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Founders Fund](https://millionrounds.com/fund/founders-fund) 12
- [First Round Capital](https://millionrounds.com/fund/first-round-capital) 7
- [Floodgate](https://millionrounds.com/fund/floodgate) 6
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 6
- [Softtech VC](https://millionrounds.com/fund/softtech-vc) 6
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 6

**Pitching Western Technology Investment?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Western Technology Investment. A count of rooms they were both in, not a relationship either has claimed.

[**Founders Fund** VC firm **12** rounds together](https://millionrounds.com/fund/founders-fund)[**First Round Capital** VC firm **7** rounds together](https://millionrounds.com/fund/first-round-capital)[**Floodgate** VC firm **6** rounds together](https://millionrounds.com/fund/floodgate)[**Lightspeed Venture Partners** VC firm **6** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Softtech VC** VC firm **6** rounds together](https://millionrounds.com/fund/softtech-vc)[**Y Combinator** Accelerator **6** rounds together](https://millionrounds.com/fund/y-combinator)[**Baseline Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/baseline-ventures)[**BlueRun Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/bluerun-ventures)[**Cota Capital** VC firm **5** rounds together](https://millionrounds.com/fund/cota-capital)[**Felicis** VC firm **5** rounds together](https://millionrounds.com/fund/felicis-ventures)[**Great Oaks Venture Capital** VC firm **5** rounds together](https://millionrounds.com/fund/great-oaks-venture-capital)[**Innovation Endeavors** VC firm **5** rounds together](https://millionrounds.com/fund/innovation-endeavors)

## Recently backed

The latest companies Western Technology Investment put money into.

[**DASH Dog Food** $1.5M · Sept 2026](https://millionrounds.com/company/dash-dog-food)[**Virtuix** $3.3M · Aug 2026](https://millionrounds.com/company/virtuix)[**Lucra Sports** $20M · Apr 2026](https://millionrounds.com/company/lucra-sports)[**Innventure** $40M · Jan 2026](https://millionrounds.com/company/innventure)[**Accelsius** $65M · Jan 2026](https://millionrounds.com/company/accelsius)[**Cosmos Innovation** Nov 2025](https://millionrounds.com/company/cosmos-innovation)

## Mentioned on podcasts

Episodes that name Western Technology Investment in their description, not their title.

- [StrictlyVC Download](https://millionrounds.com/podcasts/strictlyvc-download) 28 Mar 2020 · 31 min Venture Debt in an Upside Down World Mentions [Maurice Werdegar](https://millionrounds.com/fund/maurice-werdegar)[Western Technology Investment](https://millionrounds.com/fund/wti) Apple Podcasts

## Quick answers about Western Technology Investment

### 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.

### How active is Western Technology Investment?

222 investments on record, 9 of them in the last 12 months, and it led 1. The most recent was in Sept 2026.

### What has Western Technology Investment invested in recently?

Its most recent investments on record: DASH Dog Food (Seed, Sept 2026), Virtuix (Grant, Aug 2026) and Lucra Sports (Series B, Apr 2026).

### How big are Western Technology Investment's cheques?

The median round it joins is $11M. It says it writes cheques of $250K to $30M.

### Does Western Technology Investment lead rounds?

Sometimes: it led 1 of its 222 investments on record (0%).

### Where does Western Technology Investment invest?

Most of the companies it backs are in the United States (92%).

### Is Western Technology Investment investing now?

Yes: it is actively investing, with 9 investments in the last 12 months.

### Who does Western Technology Investment invest alongside?

Most often Founders Fund (12 rounds together), First Round Capital (7 rounds together) and Floodgate (6 rounds together).

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