Truist

Truist Financial, founded in 1871 and headquartered in Charlotte, North Carolina, is a comprehensive banking organization that provides a variety of financial services. It serves both individual and commercial clients, offering retail deposit services, small business lending, consumer finance, and wealth management solutions. Additionally, Truist provides asset management, home equity and mortgage lending, and investment brokerage services. For commercial clients, the bank offers asset-based lending, commercial mortgage lending, leasing and payment solutions, supply chain financing, and treasury services. Through its diverse range of services, Truist aims to meet the financial needs of its customers effectively.

Xavier Ashe

SVP, Security Operations

Gayle Cabrera

Senior Vice President

Beau Cummins

COO

Asthika Goonewardene

Managing Director, Senior Biotech Analyst

Chris Hildreth

Managing Director

Evelyn Lee

President, Greater Washington Region

Mike Petanovitch

SVP and Head of Technology, LightStream

Bill Rogers

CEO

Heidi Schoonover

Managing Director

Robert Tuggle

Market President

Dan Wilson

SVP, Head of Technology

10 past transactions

Launch Tennessee

Grant in 2022
Launch Tennessee is a public-private partnership established in 2012, based in Nashville, Tennessee, that supports entrepreneurs throughout their journey from ideation to exit. The organization aims to make Tennessee the most startup-friendly state, encouraging entrepreneurs to build their companies and create jobs within the region. Launch Tennessee focuses on investing in seed-stage, early-stage, and later-stage companies across various sectors, including business products, services, consumer products, healthcare, information technology, and energy. Through its initiatives, the organization seeks to foster a vibrant entrepreneurial ecosystem that promotes innovation and economic growth in Tennessee.

Growve

Debt Financing in 2022
Growve is a brand aggregator based in St. Petersburg, Florida, specializing in the acquisition and management of wellness and beauty brands. Founded in 2018, the company focuses on six key verticals: dietary supplements, beauty, food, sports nutrition, pet products, and household wellness. Growve operates a platform designed to acquire, operate, and enhance brands, leveraging in-house expertise in marketplace management, digital marketing, creative services, manufacturing, and supply chain management. This comprehensive approach enables brands across various sectors to scale and expand effectively.
Goodwill Industries of Southwest Florida is a nonprofit organization committed to serving people with disabilities and disadvantages.

Melo Group

Debt Financing in 2021
Originally founded in 1948 by Armando Ferreira de Melo in Buenos Aires, Argentina, the Melo Group is one of the strongest family-owned, full-service real estate development firms operating in South Florida today. Since the beginning, the company has been focused on delivering a more intelligent approach to development, design, construction, and management of luxury properties. To date, this unique philosophy has been the guiding force behind more than 50 successfully completed projects which offer a combined total of more than 5,000 residential units. As well, the company remains actively involved in real estate development in Argentina as well as in Montevideo, Punta del Este, Uruguay.
The Incubator nurtures the Midlands entrepreneurs and their new companies. The USC/Columbia Technology Incubator is a nonprofit corporation sponsored by the University of South Carolina, City of Columbia and other area governments. Materially, businesses and private donors support the Incubator. It is currently home to nearly 50 companies. Since its inception with Joel Stevenson in 1998, they have provided opportunities for entrepreneurs to commercialize their ideas. They have also produced successful, financially viable and freestanding businesses all while creating hundreds of additional jobs in the community. They want high-tech, high-growth companies that can benefit from all the Incubator partners including USC and Midlands Technical College with manufacturing startup facilities.

Growve

Debt Financing in 2021
Growve is a brand aggregator based in St. Petersburg, Florida, specializing in the acquisition and management of wellness and beauty brands. Founded in 2018, the company focuses on six key verticals: dietary supplements, beauty, food, sports nutrition, pet products, and household wellness. Growve operates a platform designed to acquire, operate, and enhance brands, leveraging in-house expertise in marketplace management, digital marketing, creative services, manufacturing, and supply chain management. This comprehensive approach enables brands across various sectors to scale and expand effectively.
Constellation Affiliated Partners is an insurance distribution platform that manages seven managing general agents (MGAs) and program managers. The company operates an insurance marketplace aimed at agents and brokers, facilitating the placement of insurance needs with technology-driven organizations. Constellation offers a diverse array of niche insurance programs tailored to meet the specific requirements of its clients, enhancing accessibility and efficiency in the insurance distribution process.

National Press Club

Grant in 2021
National Press Club is a professional organization and business center for journalists and communications professionals.

Veem

Venture Round in 2020
Veem Inc. is a payment service provider that offers a platform designed to simplify the process of sending and receiving payments for businesses. Founded in 2014 and headquartered in San Francisco, California, the company utilizes blockchain technology to facilitate international payments, eliminating the need for intermediary banks and thereby reducing costs for small- and medium-sized enterprises. Veem's platform allows users to send and receive payments in local currency, track transactions in real time, generate invoices, and upload mass documents. Additionally, it integrates with various accounting platforms to streamline financial operations. With offices in Kanata, Canada, and Shanghai, China, Veem aims to create a user-focused financial ecosystem that enhances the efficiency of cross-border transactions.
United Way of Central Maryland (UWCM) helps fight poverty in central Maryland with programs encouraging self-sufficiency.
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