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, boasting $283 billion in assets and ranking sixth in terms of deposits with $183 billion as of the end of 2009. U.S. Bank operates a comprehensive branch network consisting of 3,002 banking offices and 5,309 ATMs across 24 states. The company provides a wide 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. Founded in 1863, U.S. Bancorp employs more than 60,000 individuals and also offers defined benefits pension plans and retirement benefits to its employees.

Zack Boyers

Chairman and CEO

Vlady Crahen

Senior Vice President and Finance Director

Terrance R. Dolan

Vice Chair and Chief Financial Officer

Terry Dolan

Vice Chairman and Chief Financial Officer

John Stern

Corporate Treasurer

Jennifer Thompson

Executive Vice President and Director of Investor Relations and Economic Analysis

28 past transactions

Bento for Business

Acquisition in 2021
Bento for Business is a financial technology company that specializes in providing a comprehensive expense management platform tailored for small and medium-sized businesses. Founded in 2013 and headquartered in San Francisco, the company offers a solution that enables businesses to issue payment cards to employees, manage spending controls, and organize expenses through an intuitive dashboard accessible via computers and mobile devices. Bento’s platform includes virtual and corporate cards, along with management tools that enhance control and visibility over company expenses, thereby reducing the risk of fraud and minimizing administrative burdens. Through features such as open APIs and white label partnerships, Bento extends its capabilities to automate payments beyond employee expenses. The company is recognized for its innovative approach and is backed by prominent venture capital firms in the financial technology sector.
Center for Economic Inclusion is a nonprofit focused on improving equity.
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

The Trade Desk

Debt Financing in 2016
The Trade Desk is a technology company that operates a self-service cloud-based platform designed for buyers of digital advertising. Established in 2009 and headquartered in Ventura, California, it enables advertising agencies and other service providers to create, manage, and optimize data-driven campaigns across various formats, including display, video, audio, native, and social media. The platform supports multiple devices, such as computers, mobile devices, and connected TVs. By leveraging data, The Trade Desk helps advertisers programmatically find and purchase digital ad inventory while optimizing the performance of their campaigns. The company's revenue model is primarily based on fees, which are calculated as a percentage of the advertising spend by its clients. With a global presence, The Trade Desk serves clients in the United States, Europe, and Asia, providing essential tools for digital media buyers.

Syncada

Acquisition in 2013
Syncada offers payment automation solutions.

SolarCity

Private Equity Round in 2012
SolarCity is a prominent provider of solar energy systems, offering services to homeowners, businesses, government entities, and non-profit organizations across the United States. The company focuses on delivering reliable and clean energy solutions, contributing to the transition towards renewable energy. Based in San Mateo, California, it operates through the SolarCity Fund, an infrastructure core fund managed by Tesla Energy Operations, which emphasizes investments in renewable energy assets. SolarCity's commitment to sustainability and innovation positions it as a leader in the solar energy market.

InstaMed

Venture Round in 2010
InstaMed Communications, LLC is a healthcare payments network that connects providers, payers, and consumers through a secure, cloud-based platform designed for managing healthcare payment transactions. Founded in 2004 and headquartered in Philadelphia, Pennsylvania, InstaMed offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which ensure secure and efficient management of healthcare payments. Additionally, InstaMed Connect allows for the integration of healthcare payments into various healthcare IT applications through its API. The company's technology enhances the healthcare payment experience by driving electronic transactions and facilitating the seamless movement of funds and healthcare data, ultimately improving consumer satisfaction. As of July 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank.

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.

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.

InstaMed

Venture Round in 2009
InstaMed Communications, LLC is a healthcare payments network that connects providers, payers, and consumers through a secure, cloud-based platform designed for managing healthcare payment transactions. Founded in 2004 and headquartered in Philadelphia, Pennsylvania, InstaMed offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which ensure secure and efficient management of healthcare payments. Additionally, InstaMed Connect allows for the integration of healthcare payments into various healthcare IT applications through its API. The company's technology enhances the healthcare payment experience by driving electronic transactions and facilitating the seamless movement of funds and healthcare data, ultimately improving consumer satisfaction. As of July 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank.

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.

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.

InstaMed

Venture Round in 2007
InstaMed Communications, LLC is a healthcare payments network that connects providers, payers, and consumers through a secure, cloud-based platform designed for managing healthcare payment transactions. Founded in 2004 and headquartered in Philadelphia, Pennsylvania, InstaMed offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which ensure secure and efficient management of healthcare payments. Additionally, InstaMed Connect allows for the integration of healthcare payments into various healthcare IT applications through its API. The company's technology enhances the healthcare payment experience by driving electronic transactions and facilitating the seamless movement of funds and healthcare data, ultimately improving consumer satisfaction. As of July 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank.

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.

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.

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.

Spike Broadband Systems

Venture Round in 2000
Spike Broadband Systems is a provider of carrier-grade and fixed wireless services.

VxTel

Venture Round in 2000
VxTel specializes in providing silicon solutions designed for next-generation carrier networks. Founded in 1999 and based in Fremont, California, the company develops products that utilize a distinct signal-processing architecture tailored for voice, data, telecommunications, and multimedia applications. VxTel's technology is integral to carrier-class switches, facilitating the growth and adoption of packet-based networks for voice and advanced services. The company's primary focus is on supporting high-density voice-over-packet systems, capable of managing hundreds of thousands of channels across various voice processing applications.

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.

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.

Novalux

Series C in 2000
Novalux develops, manufactures, and distributes advanced laser systems, specializing in extended cavity surface-emitting laser technology. Founded in 1998 and headquartered in Sunnyvale, California, the company provides innovative solutions for various applications, including projection displays, specialty lighting, neon sign alternatives, and automotive lighting. Novalux's laser modules are particularly notable for their use in optical networks, offering scalable platforms that enhance information bandwidth for long-haul, metro, and local access communications systems. The company's products are designed to replace traditional UHP lamps and LEDs in microdisplay illumination, delivering superior performance and longevity. Novalux operates as a subsidiary of Arasor International Limited.

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.

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.

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.

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.

AdminiQuest

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

PHT Corporation

Series B in 1999
PHT Corporation is a leading provider of electronic patient-reported outcome (ePRO) solutions utilized in clinical trials globally. The company offers the LogPad and StudyPad Systems, which enhance data quality and facilitate efficient data collection. Additionally, PHT's StudyWorks online portal grants study sponsors, monitors, and sites real-time access to trial data, enabling informed decision-making. By leveraging these technologies, biopharmaceutical and medical device companies can obtain more comprehensive data and accelerate their trial processes, ultimately contributing to the success of clinical studies.

Western Bancorp

Acquisition in 1999
Western Bancorp is a financial services provider based in San Jose, California, established in 2008. The company specializes in wholesale financial lending services, including mortgage banking, loan management, and retail lending. As of August 2017, Western Bancorp operates as a subsidiary of Eli Global, LLC. Its focus on diversified financial services positions it to cater to a variety of lending needs within the market.