U.S. Bancorp

U.S. Bancorp is a diversified financial services holding company based in Minneapolis, Minnesota. It serves as the parent company of U.S. Bank, which is the fifth largest commercial bank in the United States by assets, totaling $283 billion. U.S. Bank operates a network of 3,002 banking offices and 5,309 ATMs across 24 states, ranking as the sixth largest bank in the country by deposits. The company provides a range of services, including regional consumer and business banking, wealth management, national wholesale and trust services, and global payments, catering to over 15.8 million customers. With a workforce of more than 60,000 employees, U.S. Bancorp is committed to delivering comprehensive financial solutions.

Zack Boyers

Chairman and CEO

Jennifer Thompson

EVP and Director of Investor Relations and Economic Analysis

42 past transactions

Center for Economic Inclusion is a nonprofit focused on improving equity.

SolarCity

Private Equity Round in 2012
SolarCity is the nation's 1 leading provider of solar energy systems that deliver reliable clean energy to homes and businesses. SolarCity went public on the NASDAQ exchange in 2012 with a market cap of around $600 million.

Vail Banks

Acquisition in 2006
Vail Banks is a bank holding company headquartered in Vail, Colorado with total assets of approximately $267 million at September 30, 1998. Vail Banks' wholly owned subsidiary, WestStar Bank ("WestStar"), is a Colorado state bank with 20 retail offices located primarily in the western slope region of Colorado. On July 31, 1998, Vail Banks merged with Independent Bankshares, Inc. ("Independent"), a bank holding company, and its subsidiary, Glenwood Independent Bank ("Glenwood"), a Colorado state bank, which serves Garfield County. In connection with the merger, Vail Banks issued an aggregate of 318,770 shares of its Common Stock and paid $3.8 million in cash to holders of Independent common stock.

Western Bancorp

Acquisition in 1999
Western Bancorp Inc. offers mortgage banking services. The company was founded in 2008 and is based in San Jose, California. As of August 14, 2017, Western Bancorp Inc. operates as a subsidiary of Eli Global, LLC.

Talech

Merger/Acquisition in 2019
Talech Inc. develops software that connects the small merchant to their customers. It offers talech software that enables users to take orders and manage inventory; run sales and promotions using discounts; track and manage employee hours; manage cash drawer; get detailed reports on sales and transaction trends; get recommendations; capture customer information at the point of sale; and accept multiple payment types. Its talech software works with various equipments, such as iPad tablet, card reader, printer, cash drawer, iPad stand, and barcode scanner. The company was incorporated in 2012 and is based in Palo Alto, California. Talech Inc. operates as a subsidiary of ELAVON, INC.

InstaMed

Venture Round in 2010
InstaMed powers a better healthcare payment experience on one platform that connects consumers, providers, and payers for every healthcare payment transaction. InstaMed’s patented, private cloud-based technology securely transforms healthcare payments by driving electronic transactions, moving money, and healthcare data seamlessly, and improving consumer satisfaction. It was formed in 2004 and headquartered in Philadelphia, Pennsylvania.

Bento for Business

Acquisition in 2021
Bento Technologies, Inc., doing business as Bento for Business, develops business spending and expense management platform for small and medium sized businesses. Its solution enables users to order cards; provide cards to employees, set-up controls, pay, and organize expenses; and access dashboards, set limits, change spending controls, and turn cards on and off from computers, mobiles, or tablets. Bento Technologies, Inc. was formerly known as Merge Inc. and changed its name to Bento Technologies, Inc. in May 2016. The company was founded in 2013 and is based in San Francisco, California.

LipoScience

Series E in 2003
LipoScience is pioneering a new field of personalized diagnostics based on nuclear magnetic resonance (NMR) technology. Its first proprietary diagnostic test, the NMR LipoProfile® test, measures the number of low density lipoprotein particles (LDL-P) in a blood sample and provides physicians and their patients with actionable information to personalize management of risk for heart disease. To date, over 8 million NMR LipoProfile tests have been ordered.

Prime Advantage

Series C in 2000
Prime Advantage Corporation operates as a manufacturer's buying consortium to help them to drive down costs, partner with endorsed suppliers, and benchmark industry best practices. It acts as a member and supplier services specialist; and provides members, including industrial manufacturing and food processing companies with access to a network of endorsed suppliers. The company negotiates programs with its endorsed suppliers in the areas of raw materials, components, services, and supplies for its members. It enables members to have access to its cost savings programs, and utilize the collective purchasing power of the group for their raw materials, components, services, and supplies; and endorsed suppliers to have access to final decision makers at member companies who purchase their product or service. Prime Advantage Corporation was founded in 1997 and is based in Chicago, Illinois. As of June 30, 2017, Prime Advantage Corporation operates as a subsidiary of OMNIA Partners.

Sunrun

Debt Financing in 2008
Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking, as well as solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems. Its primary customers are residential homeowners. The company markets and sells its products through direct-to-consumer approach across online, retail, mass media, digital media, canvassing, field marketing, and referral channels, as well as its partner network. Sunrun Inc. was founded in 2007 and is headquartered in San Francisco, California.

VxTel

Venture Round in 2000
VxTel provides silicon solutions for next-generation carrier networks. The company's products use a unique signal-processing architecture optimized for voice, data and telecommunication, and multimedia applications. By providing key technology for carrier class switches, VxTel will help accelerate the adoption and expansion of packet-based networks for voice and advanced services. The company's current focus is on enabling the highest density voice-over-packet systems supporting hundreds of thousands of channels across the full range of voice processing applications. VxTel, Inc. was founded in 1999 and is headquartered in Fremont, California.

Syncada

Acquisition in 2013
Syncada offers payment automation solutions.

Credit Card Portfolio of BMW Bank of North America Inc.

Merger/Acquisition in 2019
As of July 22, 2019, Credit Card Portfolio of BMW Bank of North America Inc. was acquired by U.S. Bancorp. Credit Card Portfolio of BMW Bank of North America Inc. comprises credit card customer portfolio.

Akoya

Merger/Acquisition in 2020
Akoya, LLC develops the Akoya Data Delivery Platform that offers financial institutions a service that empowers consumers to grant and manage third party access to their financial data in a safe, secure, and transparent manner. The company's platform features include detailed reports, data security, easy to use dashboard, and consumer protection. Akoya, LLC was founded in 2018 and is based in Boston, Massachusetts.

$1.6 Billion Credit Card Portfolio

Merger/Acquisition in 2016
As of January 2016, $1.6 Billion Credit Card Portfolio was acquired by U.S. Bancorp. $1.6 Billion Credit Card Portfolio comprises credit card portfolio worth USD 1.6 Billion.

Mpayy

Series B in 2008
Mpayy is a multichannel payment processor for individuals, small businesses, charities, political parties, e-commerce retailers. It provides secure payment processing from members' checking accounts and cash back incentives to shoppers who use the service. Mpayy was founded by Conrad Sheehan in June 2007 and is based in Chicago, Illinois.

PHT Corporation

Series B in 1999
PHT is the market-leading provider of electronic patient reported outcome (ePRO) solutions used in clinical trials around the world and a rapidly growing organization. Their proven LogPad and StudyPad Systems improve data quality while Their robust StudyWorks online portal provides study sponsors, monitors and sites with real-time access to the data. With PHT, biopharmaceutical and medical device companies get better data, more data, and make faster decisions - resulting in successful trials.

Sunrun

Debt Financing in 2009
Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking, as well as solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems. Its primary customers are residential homeowners. The company markets and sells its products through direct-to-consumer approach across online, retail, mass media, digital media, canvassing, field marketing, and referral channels, as well as its partner network. Sunrun Inc. was founded in 2007 and is headquartered in San Francisco, California.

Spike Broadband Systems

Venture Round in 2000
Spike Broadband Systems is a provider of carrier-grade and fixed wireless services.
The National Museum of African American History and Culture is a Smithsonian Institution museum located on the National Mall in Washington, D.C., in the United States. It was established in December 2003 and opened in September 2016 in a ceremony led by President Barack Obama

InstaMed

Venture Round in 2009
InstaMed powers a better healthcare payment experience on one platform that connects consumers, providers, and payers for every healthcare payment transaction. InstaMed’s patented, private cloud-based technology securely transforms healthcare payments by driving electronic transactions, moving money, and healthcare data seamlessly, and improving consumer satisfaction. It was formed in 2004 and headquartered in Philadelphia, Pennsylvania.

Strata Clean Energy

Debt Financing in 2024
Strata Clean Energy is a solar storage developer.

esVolta

Debt Financing in 2023
esVolta develops, owns and operates utility-scale energy storage projects across North America. Our projects provide essential services for electric utilities and large energy users including on-demand capacity, energy arbitrage, and ancillary grid support services. esVolta's portfolio of operational plus utility-contracted pipeline projects totals 500 MWh, and we are actively developing over 2,000 MWhs of further new project opportunities.

NRStor

Debt Financing in 2023
NRStor C&I L.P.is a turn-key energy-as-a-service provider to commercial, industrial and institutional customers as well as utilities across North America. With energy storage being a focal point of its offering, NRStor C&I provides its services under a turn-key build, own, and operate business model where no-capital outlay or operational expertise is required from the customer. NRStor C&I offers stand-alone, renewable coupled energy storage systems, as well as microgrids which are centrally managed through its state-of-the-art operational platform.

Versana

Venture Round in 2023
Versana provides unprecedented transparency and real-time insight into loan-level details. They also provide loan syndication, corporate credit, debt, capital markets, leveraged finance, investment grade loans, high-yield loans, bank loans, financial technology, and data management.

Lara Networks

Series B in 2000
Lara Technology is a fabless semiconductor manufacturer that designs, develops and markets memory-intensive ASICs for the networking and communications industries.

Solar Power Partners

Series C in 2010
Solar Power Partners, Inc. (SPP), America’s premier independent solar power producer, helps businesses, institutions, municipalities and agricultural customers embrace solar energy. SPP develops, owns, and operates distributed solar energy facilities (SEFs) and sells solar-generated electricity through solar Power Purchase Agreements (PPA), long-term energy financing solutions that help customers go green without the hassles or costs of solar facility ownership and maintenance. SPP serves the continental United States and Hawaii and teams with solar integrators for customized, renewable energy installations. SPP’s customers include water districts, schools, colleges and universities, hospitals and healthcare facilities, water districts, airports, detention centers, commercial facilities, agricultural facilities, and municipalities.

Novalux

Series C in 2000
Novalux develops, manufactures, and distributes laser systems. The company offers Novalux Extended Cavity Surface Emitting Laser, a surface-emitting semiconductor laser. Its products are used in various applications, such as projection display, specialty lighting, neon sign alternative lighting, and automotive lighting. The company was founded in 1998 and is headquartered in Sunnyvale, California. As of January 8, 2008, Novalux, Inc. operates as a subsidiary of Arasor International Limited.

Simpata Inc

Series B in 2000
Simpata Inc is a software company that provides its clients with internet-based application services of employee human resources.

AdminiQuest

Venture Round in 2000
AdminiQuest a Web-enabled full-service outsourcing solutions partner to the insurance industry.

R3

Private Placement in 2017
R3 Limited develops block chain technology solutions. It offers Corda, an open source block chain platform that enables businesses to transact directly using smart contracts and reduced transactions. The company also provides training, certifications, and documentations. R3 Limited was founded in 2014 and is based in London, United Kingdom.

Oresis Communications

Venture Round in 2001
Oresis Communications designs and develops switching systems for carrying voice and data signals on the same telecommunications network. It offers ISIS-700 OmniService Switch, which enables carriers and service providers to migrate circuit and packet switched networks to a single backbone; and ISIS-700 Integrated OmniService Switch, which is a multiservice switch equipment that switches multiple voice, data, Internet, and video services in a single system. The company is based in Beaverton, Oregon.

Epicentric

Series C in 2000
Epicentric develops software solutions and websites that personalize portals and integrate information and applications. It enables users to provide combined web services including applications, content, and commerce to customers and employees across intranets, extranets, and internet. Epicentric was established in 1998, based in San Francisco, California. Currently it operates under Vignette Corporation.

InstaMed

Venture Round in 2007
InstaMed powers a better healthcare payment experience on one platform that connects consumers, providers, and payers for every healthcare payment transaction. InstaMed’s patented, private cloud-based technology securely transforms healthcare payments by driving electronic transactions, moving money, and healthcare data seamlessly, and improving consumer satisfaction. It was formed in 2004 and headquartered in Philadelphia, Pennsylvania.

The Auto Club Group, $500 Million Credit Card Portfolio

Merger/Acquisition in 2015
As of December 2015, $500 million credit card portfolio of Auto Club Trust, FSB was acquired by U.S. Bancorp. The Auto Club Group, $500 Million Credit Card Portfolio comprises credit card portfolio.

Credit Card Portfolio of State Farm

Merger/Acquisition in 2020
As of July 1, 2020, Credit Card Portfolio of State Farm was acquired by U.S. Bancorp. Credit Card Portfolio of State Farm comprises prepaid credit cards. The asset is located in the United States.

Elitra Pharmaceuticals

Venture Round in 2000
Elitra Pharmaceuticals in San Diego, CA is a private company categorized under Pharmaceutical Preparations. It was established in 1997 and incorporated in California.

Embion

Venture Round in 2000
Embion is a business-to-business e-commerce company that provides procurement automation to non-hospital-based providers. It connects providers to their pharmaceutical, medical or office supply, and capital equipment suppliers in a provider centric, supplier-neutral environment. Embion is based in Minneapolis, Minnesota.

BlueWave

Venture Round in 2023
BlueWave Solar is on a mission to revolutionize energy with simple, powerful solar solutions. As a pioneering developer of community solar projects and leading community solar service provider, BlueWave has built more than 135 MW of solar projects to date and provides community solar power access to thousands of customers throughout the country. BlueWave’s innovative community solar subscriptions and home solar loans make it possible for everyone to be part of the energy revolution whether they’re a homeowner, renter, small business owner, municipality, or commercial building operator. BlueWave’s groundbreaking Solar Management Platform enables solar asset owners and installers to conveniently manage their customers while giving those same customers an easily accessible online dashboard to sign-up for solar solutions, manage their subscriptions, and review their account activity. As a certified B Corp, BlueWave has received national recognition for its work to protect the planet, including being named the Clean Energy Company of the Year in 2018 by the Northeast Clean Energy Council, a top impact company by Real Leaders Magazine, and a leading growth company by Inc Magazine in their 2017 and 2018 Inc. 5000 lists. To learn more, visit bluewavesolar.com or follow us on Twitter, Facebook, LinkedIn, or Instagram.

Ownera

Series A in 2023
Ownera operates as an institutional grade digital securities network. The company offers API for its digital securities that allow its customers to connect directly to Ownera’s net. It also offers issuance platform to financial institution for easy issuance of digital securities. The company was founded in 2018 and is based in Vaduz, Liechtenstein.