Western Technology Investment (wti)
Since 1980, WTI has helped more than 1,500 companies across every innovation sector finance their growth while minimizing dilution.
In the firm's own words, from its website.
29 additional team members, 37 additional co-investors and affiliates, 93 additional investments, funds and LPs, 5 events, 2 verified contacts (1 general firm email, 1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 2 companiesnew in 12 months
2 new companies in the last 12 months.
A firm writing cheques this quarter is one a founder can pitch now.
- 3 companiesportfolio raising
3 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 16 Jul 2026 ($650M round).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
People to know
View all people- Investment PartnerWhy: Partner: part of the investment decisionNo route on file yet
- Investment Partner, CEOWhy: Runs the firm (chief executive or president)No route on file yet
- Investment Partner, ChairmanWhy: Partner: part of the investment decisionNo route on file yet
Relationship network
190 connected entities2 observed rounds
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Western Technology Investment (wti): a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Western Technology Investment (wti)
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
96 companies on record, 2 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| 2045 Studio | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Accelsius | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| AI Netomi, Inc. | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- hardware
- Stages
- seed
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
30 current, 8 departed
Decision makers
- Dave Gravano · Investment PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibility
- David Wanek · Investment Partner, CEOWhy this person: Runs the firm (chief executive or president); Named with investment responsibility
- Maurice Werdegar · Investment Partner, ChairmanWhy this person: Partner: part of the investment decision; Named with investment responsibility
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Investment Partner, CEO
- Investment Partner, Chairman
- Investment Partner
5 departed (kept with end dates)
- Ronald Wayne Swenson · Shareholder · Oct 1, 2010 to Mar 30, 2022 Inference
- Salvador Osio Gutierrez · Shareholder · Oct 1, 2010 to Nov 10, 2022 Inference
- Judith Naomi Bornstein · Chief Financial Officer, Chief Compliance Officer, Secretary · Sep 1, 2019 to Aug 18, 2021 Inference
Contacts
1 general firm email, 1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
1 vehicle, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| WTI Equity Opportunity Fund I, L.P. | Opportunity fund · ADV: Private Equity Fund | 2016 adv first reported | Harvest | $56.6M Mar 30, 2026 | 25 | $0 of $75.0M | Dec 8, 2015 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
93 co-investors · on 5 other DFX graphs
Co-investors
- 2026-10-013 shared deals · recurring
- 2026-10-013 shared deals · recurring
- 2026-10-013 shared deals · recurring
Across DFX and the capital chainon 5 other DFX graphs ShowHide
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Allocators, Independent Sponsors, Private Equity, RIA and Wealth, Private Credit, matched by identifier. See which records
Western Technology Investment (wti) is the same institution as 5 records in Allocators, Independent Sponsors, Private Equity, RIA and Wealth and Private Credit.
DFX found 5 relationships across 5 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Evidence and history
10 dated events, 73 observations from 3 sources
Timeline
- Mar 31, 2023JAY Leonard Cohan (Class D Member, Vp, Assistant Secretary) no longer on Schedule A of Western Technology Investment (wti)
- Nov 10, 2022Salvador Osio Gutierrez (Shareholder) no longer on Schedule A of Western Technology Investment (wti)
- Mar 30, 2022Ronald Wayne Swenson (Shareholder) no longer on Schedule A of Western Technology Investment (wti)
- Aug 18, 2021Judith Naomi Bornstein (Chief Financial Officer, Chief Compliance Officer, Secretary) no longer on Schedule A of Western Technology Investment (wti)
- Jul 1, 2021Jared Sutherland Thear joined Schedule A of Western Technology Investment (wti) as Chief Compliance Officer
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 9 private fundsShowHide
- Headquarters
- Portola Valley, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- WESTERNTECH.COM
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 30, 2026
- Private funds reported
- 9 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $2.0Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $1.9Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 34
- Owners on Schedule A
- P10, Inc. (Shareholder), owns 75% or more; P10 Holdings, Inc. (Shareholder), owns 75% or more; P10 Intermediate Holdings LLC (Shareholder), owns 75% or more
Classification history
Classification history
Every classification this record has carried1 on recordShowHide
- Sep 12, 2026Corporate venture (candidate, 50%)Corporate parent: P10 Holdings, Inc.
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC adviser type | Registered investment adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Mar 28, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-20 | Mar 30, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-20 | Mar 28, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-28 | Mar 28, 2024 | Fact | Form ADV |
| Venture share of reported funds | 0 | Mar 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 0 | Mar 28, 2024 | Fact | Form ADV |
| Business phone | Mar 28, 2024 | Fact | Form ADV | |
| Contact page url | Oct 1, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Oct 1, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 15, 2026 | Fact | ||
| Employees | 34 | Mar 28, 2024 | Fact | Form ADV |
| Headquarters | Portola Valley, CA | Mar 28, 2024 | Fact | Form ADV |
| Office address | Mar 28, 2024 | Fact | Form ADV | |
| Portfolio page | Oct 1, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 15, 2026 | Fact | ||
| Private funds reported | 9 | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 8 | Mar 28, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $2.0B | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.9B | Mar 28, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $1.9B | Mar 28, 2024 | Fact | Form ADV |
| Stated sectors | hardware “sector words on the home page” | Oct 1, 2026 | Fact | |
| Stated sectors | hardware “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | hardware “sector words on the home page” | Sep 15, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Oct 1, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | seed “stage words on the home page” | Sep 15, 2026 | Fact | |
| Team page | Oct 1, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 15, 2026 | Fact | ||
| Venture funds reported | 0 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 0 | Mar 28, 2024 | Fact | Form ADV |
| Website | Mar 28, 2024 | Fact | Form ADV | |
| Site title | Oct 1, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 15, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersCorporate venture, candidateShowHide
Corporate parent: P10 Holdings, Inc.
- importance
- gav: 0.23 · funds: 0.08 · people: 0.64 · investments: 0.74 · co investors: 0.8
- active deployment
- investments 12m: 0.25 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2026-05-04
- emerging manager
- fund count: 1 · reported gav: $56.6M · first adv filing: 2012-03-20 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 41.1confidence 90%Why: stage fit; activity; cap table
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.