HISTORY
Westcott Industries LLC was formed in 2019 as an entrepreneurial private investment platform. Prior, it was the family office of Carl Westcott and now owned and managed by his sons Court and Chart Westcott. The investments of Westcott Industries are as varied as Mr. Westcott’s career including real estate, technology, energy, finance, and consumer services.
Mr. Westcott began his career in the automotive industry, eventually amassing a chain of 17 new car dealerships. In 1974 he formed First Extended Service Corporation becoming the world’s first originator of extended automotive service agreements for new automobiles and was sold to AON, the global insurance giant in 2006.
In 1976 Carl Westcott purchased the phone number 1800FLOWERS and was the original Founder of 1800FLOWERS which was later sold multiple times to new owners.
Mr. Westcott founded his most successful venture, Westcott Communications, in 1986. Westcott Communications was the premier company for delivery of video training programs via satellite. Mr. Westcott took the company public in 1989 and sold it in 1996 to K-III Holdings, Inc.
Westcott Industries has also managed venture investments such as Internet America, one of the nation’s largest regional Internet Service Providers (ISP) and Digital Witness, a leading provider of digital surveillance solutions. Internet America in 1999 went public. Digital Witness was sold to Westec in 2007.
Since 2009, Court Westcott has led the Westcott Investment Group, an independent sponsor, leading rounds in numerous cutting-edge startups in Augmented Intelligence and in deep frontier tech. Three of WIG’s portfolio companies have had 9-figure exits. Two of WIG’s portfolio companies were acquired by Apple with other notable exits to Cisco, TeamViewer, Peloton and Roblox.
Todays WIG’s Flagship investments include Paradromics, Theatro, Airhelp, Immusoft and numerous other startups.