Westly Capital Partners
Westly Capital Partners last closed a fund in May 2026 — 6 months ago. By its own rhythm, that is barely into the cycle.
Westly Capital Partners has raised 4 times about every 54 months. The last was Westly Capital Partners Fund V, L.P. That points to Nov 2030.
Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.
This firm closed a fund in the last 18 months, so it has money to put to work now.
- Funds on file
- 8
- Capital raised
- $1.24B
- Latest close
- May 2026
- Based in
- CA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Westly Capital Partners Fund V, L.P. | May 2026 | $500M | 0002088055 ↗ |
| Westly Capital Partners Affiliates Fund IV, L.P. | November 2021 | $3M | 0001835025 ↗ |
| Westly Capital Partners Fund IV, L.P. | November 2020 | $297M | 0001830933 ↗ |
| WESTLY CAPITAL PARTNERS FUND LP | May 2008 | $79M | 0001438486 ↗ |
| Westly Capital Partners Fund II, L.P. | — | $175M | 0001508191 ↗ |
| Westly Capital Partners Affiliates Fund II, L.P. | — | $12M | 0001508748 ↗ |
| Westly Capital Partners Fund III, L.P. | — | $150M | 0001682384 ↗ |
| Westly Capital Partners Affiliates Fund III, L.P. | — | $25M | 0001682397 ↗ |
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Steve Westly, Michael Dorsey, David Coglizer, Gary Dillabough, Lisa Lambert, Danny Cotter
What Westly Capital Partners invests in
- Typical fund
- $150M median, early stage, Series A-B scale
- Says it invests in
- AI
- Cheque size, in its words
- $
- Website
- westlygroup.com
Sector and stage are quoted from the firm’s own website, not inferred, and dated.
Service providers
- Fund administrator
- None reported — the adviser answered “no administrator” for 3 of 3 funds
- Auditor
- Frank Rimerman (3 funds)
From Form ADV filed by WESTLY CAPITAL MANAGEMENT, LLC CRD 161882 ↗, latest filing March 2026, covering 3 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.