West Coast Equity Partners Invested $100M into 30+ Unicorns

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Along with global investment market leaders Andressen Horowitz, Sequoia Capital, Tiger Global, Goldman Sachs among others, West Coast Equity Partners has invested in Coursera, Robinhood, and dozens of other fast-growing technology companies in the last 12 months.

West Coast Equity Partners (WCEP) has invested over $100M into 30+ technology companies in Silicon Valley and other U.S. regions in the last 12 months. The firm added Robinhood stock brokerage, Coursera e-learning platform, Upgrade and One Zero Digital Bank neobanks, DataRobot enterprise AI platform, OpenWeb social engagement platform, and dozens of other highly sought-after tech companies.

Launched in 2020, WCEP invests on a deal-by-deal basis offering its investors the flexibility and freedom of constantly investing in selected opportunities, exiting and receiving payouts, and reinvesting again.

In addition, in the second half of 2021, WCEP launched Scale-Up Unicorn Fund I, which allowed its investors to acquire a diversified portfolio of U.S.-based tech unicorns. In just a few months, WCEP has funded 17 companies through Scale-Up Unicorn Fund I, including Upgrade neobank, Dataminr AI platform for risk detection, Scopely game developer, Psi Quantum quantum computer developer, Pipe Technologies financial services platform, Outschool e-learning platform, Side real estate brokerage and others.

WCEP joined funding rounds alongside global investment leaders such as Andreessen Horowitz, Bessemer Venture Partners, BlackRock, DST Global, Fidelity, Goldman Sachs, Lightspeed Venture Partners, NEA, Sequoia Capital, SoftBank Vision Fund, Tiger Global, Spark Capital, and many others.

  • Investment focus and selection principles

WCEP focuses on significant fast-growing technology segments: artificial intelligence and machine learning, fintech, aerospace, e-learning, and cybersecurity. In addition to funding private companies valued at over $1 billion, the firm also invests in top-tier venture capital firms to strengthen relationships and access the best deals.

“We invest in the most promising companies that will keep growing even during recession time, doubling and tripling their valuation from round to round,” says Alex Lazovsky, managing partner and co-founder at WCEP, who turned venture capitalist after dozens of years of experience as an American-Israeli tech entrepreneur.

Scale-Up Unicorn Fund I aims to generate for its LPs at least three times ROI within four years. In order to achieve this goal, WCEP uses an investment strategy based on a research model that has been validated over the past five years. The fund invests at least 85% of its capital in companies valued between $2B to $5B. WCEP uses a number of selection criteria, including strong revenue growth, positive unit economics, scalable business model, and leading global venture capital firms among the existing investors.

  • Deep roots in tech and venture markets

In addition to years of investment experience in the U.S., Europe, and Israel, WCEP’s team is distinguished by a unique combination of professional expertise. WCEP’s managing partners are entrepreneurs and operational leaders - turned investors. They have previously created and run successful technology companies, and have years of expertise in corporate finance and investments. An impeccable reputation and solid experience allow the firm to access the most attractive deals.

“Reputation among tech founders and top-tier venture capital firms is a key for investing in highly-demanded Silicon Valley-based companies. When investors compete for the right to join the round of a successful startup, it is the reputation that determines who gets access to the deal. Long-term partnerships, as well as serving on the boards of directors of portfolio companies, allow us to set ambitious goals and achieve them,” says Alex Lazovsky.

Recognized in the global venture market, WCEP considers its mission to contribute to the development of the venture capital industry and support both independent investors and portfolio companies.

“When a successful Silicon Valley startup raises a new round, its founders are after the “smart money” — capital that goes hand in hand with professional contacts and expertise. And that's what sets us apart from many other VCs. Our portfolio companies use our business network to find clients and attract top managers, connect with other players in the market for partnerships or M&A transactions. For companies that want to give employees some liquidity, we offer secondary opportunities, so-called tender offers. And if a company is considering an IPO, we help consolidate and simplify the cap table,” adds Alex Lazovsky.

In the coming months, WCEP plans to fund about 10 more unicorn companies in space technology, PropTech, FinTech, HR Tech, MarTech, gaming, and others.

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Ksenia Chabanenko