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    Wells Fargo

    San Francisco, California, United StatesFounded 1852
    www.wellsfargo.comLinkedIn
    FintechEnterprise SoftwareSaaSData & AnalyticsHealthcareBiotech & Life Sciences

    Wells Fargo is a multinational financial services company founded in 1852 and headquartered in San Francisco. Through its Wells Fargo Strategic Capital (WFSC) division, it serves as a corporate venture capital and merchant banking arm, investing venture capital, growth equity, and private credit across technology and healthcare sectors from early to late stage.

    30% of their portfolio is in Fintech. Deal activity decreased year-over-year (1 deal in the last 12 months vs 3 prior). Average disclosed round size is $163.7M (across 61 rounds with reported amounts).

    Find people at Wells Fargo on Goldilocks AI

    Portfolio

    57

    Fund Size

    —

    Top Stage

    Series B

    Last 12 Mo

    1

    Team

    SD

    Steven D. Black

    Lead Independent Director, Wells Fargo & Company

    FF

    Felicia F. Norwood

    Executive Vice President and Chief Health Benefits Officer, Elevance Health, Inc.

    BS

    Barry Sommers

    Senior EVP, CEO of Wealth & Investment Management

    FS

    Fernando S Rivas

    Senior EVP, CEO of Corporate & Investment Banking

    BL

    Bei Ling

    Senior EVP, Head of Human Resources

    BE

    Bridget Engle

    Senior EVP, Head of Technology

    CS

    Charlie Scharf

    Chairman and Chief Executive Officer

    DA

    Derek A. Flowers

    Senior EVP, Chief Risk Officer

    ER

    Ellen R. Patterson

    Senior EVP, General Counsel

    FT

    Fabian T. Garcia

    Global President, Personal Care, Unilever PLC

    JR

    Jason Rosenberg

    Senior EVP, Head of Public Affairs

    KR

    Kleber R. Santos

    Senior EVP, Co-CEO of Consumer Banking and Lending

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    69 investments
    CompanyRoundAmountDate
    Rogo logoRogoSeries C—Jan 2026
    CoreWeave logoCoreWeaveGrowth$2BJan 2026
    iCapital logoiCapitalUnknown$820MJul 2025
    Octaura logoOctauraGrowth$46.5MJan 2025
    Vultr logoVultrGrowth$333MDec 2024
    CoreWeave logoCoreWeaveGrowth$650MOct 2024
    Setpoint logoSetpointSeries B$31MAug 2024
    Nasdaq Private Market logoNasdaq Private MarketSeries B—Feb 2024
    Bilt Rewards logoBilt RewardsGrowth$200MJan 2024
    Invenergy logoInvenergyUnknown$1.1BJan 2024
    Volante logoVolanteGrowth$66MNov 2023
    CoreWeave logoCoreWeaveGrowth$2.3BAug 2023
    FIA Tech logoFIA TechUnknown$25.4MJun 2023
    Droit logoDroitSeries B$23MMar 2023
    FIA Tech logoFIA TechGrowth$25.4MJan 2023
    CorePower Magnetics logoCorePower MagneticsPre-Seed$2.5MSep 2022
    BigPanda logoBigPandaSeries E$20MAug 2022
    Talos logoTalosSeries B$105MMay 2022
    ConcertoCare logoConcertoCareSeries B$105MFeb 2022
    CorePower Magnetics logoCorePower MagneticsPre-Seed$2.5MJan 2022
    Yugabyte logoYugabyteSeries C$188MOct 2021
    AlphaSense logoAlphaSenseSeries C$180MSep 2021
    Super logoSuperSeries C$50MMay 2021
    Arkose Labs logoArkose LabsSeries C$70MMay 2021
    Greenwood logoGreenwoodSeries A$40MMar 2021
    Page 1 of 3

    Top Co-Investors

    The Goldman Sachs Group, Inc.21 shared
    Citi Ventures19 shared
    JPMorgan Chase & Co.13 shared
    Barclays11 shared
    Bank of America9 shared
    UBS8 shared
    Pivot Investment Partners7 shared
    HSBC6 shared
    J.P. Morgan5 shared
    Fifth Wall5 shared
    Andreessen Horowitz4 shared
    Deutsche Bank4 shared
    Lightspeed Venture Partners4 shared
    Fidelity Investments4 shared
    General Catalyst4 shared
    BNP Paribas4 shared
    Nexus Venture Partners4 shared
    Coatue Management LLC3 shared
    Y Combinator3 shared
    Fin Capital3 shared

    Last updated: 7 October 2026