Silicon Valley Bank

Silicon Valley Bank (SVB), founded in 1983, specializes in providing diversified financial services to emerging and mature companies primarily in the technology, life science, cleantech, venture capital, private equity, and premium wine sectors. With a network of 27 offices in the United States and seven international locations, SVB offers a range of services including financing, treasury management, corporate investment, and international banking. The bank is known for its industry expertise and global connections, which enhance its clients' chances of success. In the UK, SVB has operated since 2010, facilitating cross-border transactions and supporting clients' strategic needs. Recognized for its exceptional service, SVB has received accolades such as being listed among America's Best Banks by Forbes Magazine.

Daniel Beck

Chief Financial Officer

Greg Becker

President and Chief Executive Officer

Mary Dent

VP of Public Policy

Michael Descheneaux

President

Michelle Draper

Chief Marketing Officer

Robin Gill

Northeast Region Manager - Global Fund Banking

Mark Lau

Managing Director

Scott McCarty

Director - Life Sciences

Meghan O'Leary

Director of Investor Relations

Adam Tweedy

Managing Director

Past deals in Texas

Savara

Post in 2022
Savara Inc. is a biopharmaceutical company based in Austin, Texas, specializing in rare respiratory diseases. Its primary product candidate, Molgradex, is an inhaled granulocyte-macrophage colony-stimulating factor currently in Phase III development for autoimmune pulmonary alveolar proteinosis (aPAP). Additionally, Molgradex is being evaluated in Phase IIa trials for nontuberculous mycobacterial (NTM) lung infections and cystic fibrosis patients with chronic NTM infections. Savara is also developing AeroVanc, an inhaled vancomycin, which is in Phase III trials for treating methicillin-resistant Staphylococcus aureus (MRSA) lung infections in cystic fibrosis patients. The company aims to expand its pipeline through strategic partnerships and product acquisitions, including a recent acquisition of a combination antibiotic that targets drug-resistant pathogens. Savara's management team has extensive experience in orphan drug development and is focused on addressing unmet medical needs in the field of pulmonary medicine.

Stride Funding

Debt Financing in 2021
Stride Funding (AlmaPact Inc.) is a mission-driven company focused on enabling debt-free lives for students, by supplementing student loans with flexible income sharing agreements. Unlike student loans that lock students into a single rigid payment, Stride’s payments rise and fall with a student’s income so that payments are always affordable. The company has been recognized as a visionary leader by FinTech analysts for its efforts on income protection and career support. Stride was created by students, for students, aiming to change student lives for the better. The company has been recognized by Harvard and MIT as a top new venture. Stride has received venture investments from GSV Accelerate, Slow Ventures, Sinai Ventures and Pear VC; and its strategic investors include Strada Education. Its advisors include serial entrepreneurs, Doug Levin and Tina Sharkey. Fund your Future, Find your Stride!
Taysha Gene Therapies is a company focused on developing adeno-associated virus (AAV) based gene therapies aimed at treating monogenic diseases of the central nervous system. Founded in 2019 and based in Dallas, Texas, the company is advancing several therapeutic candidates, including TSHA-101 for GM2 gangliosidosis, TSHA-118 for CLN1 disease, TSHA-102 for Rett syndrome, TSHA-103 for SLC6A1 haploinsufficiency disorder, and TSHA-104 for Surfeit locus 1 deficiency. Taysha Gene Therapies collaborates with The University of Texas Southwestern Medical Center to enhance the development and commercialization of its innovative treatments, with a mission to eradicate severe and life-threatening CNS diseases through curative gene therapies. The company's expertise in drug development and its partnership with a leading gene therapy program enable it to effectively progress its pipeline of potential therapies.

Gig Wage

Debt Financing in 2021
Gig Wage is a fintech payroll company that provides a financial social safety net for gig workers and contractors. Its scalable platform enables businesses to manage contractor payroll, payments, and compliance while delivering greater transparency to their gig workers. Whether they are paying 100 contractors or 100,000 Gig Wage gives the tools to efficiently manage the process while alleviating payments related support. Gig Wage provides an online platform that allows independent contractors to track the amount and type of work they perform for companies, initiate invoices, and receive payments from companies. The partnership also allows Gig Wage the ability to introduce a new debit card with no monthly fee, free online bill pay, and free cash withdrawals at more than 19,000 ATM locations, free cash pick-up at over 7,000 retail locations nationwide, and other products and tools designed for gig workers and their employers. By leveraging Green Dot’s Banking as a Service platform, Gig Wage can now design and deploy its own customized banking and money movement solutions for its customers. Founded in 2014 and is headquartered in Dallas, Texas, USA.

ShipBob

Series E in 2021
ShipBob, founded in 2014 and headquartered in Chicago, Illinois, offers an online shipping and fulfillment platform tailored for small e-commerce businesses. The company provides an end-to-end solution that includes warehousing, order fulfillment, and shipping services, enabling direct-to-consumer brands to deliver packages in 1-2 business days. ShipBob's technology integrates with various e-commerce platforms such as Shopify, Amazon, and eBay, facilitating streamlined order and inventory management, customer communication, and predictive analytics. Additionally, ShipBob aggregates shipment services from major carriers like FedEx, UPS, and USPS, and offers features such as a smartphone application for scheduling pickups and tracking shipments. With a network of fulfillment centers across the United States, including a warehouse in Dallas, Texas, ShipBob aims to enhance the efficiency and effectiveness of supply chain operations for online merchants.

Darwin Homes

Series A in 2021
Darwin Homes, Inc. provides property management services for owners and residents. Its services include repairs and maintenance, leasing, resident screening, rent collection, inspections, and eviction for owners; and services for residents. The company was incorporated in 2018 and is based in Austin, Texas.

ClosedLoop.ai

Series A in 2020
ClosedLoop.ai, Inc. designs and develops data science software solutions tailored for the healthcare industry. The company offers a machine learning automation platform that supports healthcare data scientists in building predictive models and deploying them operationally. Its products include predictive models for various healthcare challenges such as readmissions, sepsis risk, healthcare-associated infections, and chronic disease management. ClosedLoop also provides customizable predictive models to address the unique needs of healthcare providers, accountable care organizations, payers, and pharmaceutical companies. Founded in 2017 and based in Austin, Texas, ClosedLoop leverages artificial intelligence to identify at-risk patients and recommend effective interventions, enhancing healthcare outcomes.

GoExpedi

Debt Financing in 2020
GoExpedi is an e-commerce and supply chain company specializing in the oil and gas industry, focusing on the efficient procurement of critical parts and supplies for drilling operations. Founded in 2017 and based in Houston, Texas, the company operates an online platform that offers over 200,000 essential items, including tools and components for both onshore and offshore rigs. GoExpedi's innovative supply chain model ensures rapid delivery of these parts, addressing a significant challenge in maintaining operational efficiency in the industry. The platform provides transparency regarding pricing, supplier options, and availability, allowing clients to make informed purchasing decisions. With a team of experts knowledgeable in rig management and supported by advanced technology, GoExpedi delivers a cost-effective alternative to traditional suppliers while ensuring that rigs remain operational around the clock.

Mindoula Health

Debt Financing in 2020
Mindoula Health, Inc. is a mental health care and behavioral health management company based in Silver Spring, Maryland. Established in 2013, it offers a technology-enabled platform that identifies, engages, and supports patients facing complex behavioral, medical, and social challenges throughout the entire continuum of care. The company provides both multiplatform and in-person behavioral health care management services to hospitals, treatment centers, primary care physician practices, and directly to patients and their families. Mindoula operates in multiple states, including Maryland, Virginia, the District of Columbia, Nevada, Louisiana, New Jersey, Michigan, Florida, Texas, Georgia, Pennsylvania, Mississippi, and California.

RenoRun

Series A in 2019
RenoRun is building the world's largest single source platform for general contractors to purchase materials. Their mobile-friendly platform is a one-stop-shop when it comes to construction material supply. This app is revolutionizing the construction industry by maximizing productivity, saving contractors wasted run-around hours, and allowing their clients to leave their competition in the dust. Their trained runners will collect and deliver the desired materials to the job site. RenoRun was founded in 2016 and is headquartered in Montreal, Canada, with offices in Toronto and Austin, Texas.

QuVa Pharma

Debt Financing in 2018
QuVa Pharma will be the industry’s leading 503B platform and the partner of choice for compliance-oriented healthcare facilities looking to ensure quality, safe and consistent supply of medications. QuVa Pharma will achieve this through its commitment to innovation, by operating from superior facilities under stringent cGMP adherence, and by attracting individuals absolutely committed to quality and who bring deep sterile injectable manufacturing expertise.

Workrise

Debt Financing in 2018
Workrise, formerly known as RigUp Inc., is a technology company that operates a marketplace connecting independent contractors with companies in the energy sector. Founded in 2014 and based in Austin, Texas, the platform streamlines the hiring process by tracking workforce information, managing drug screenings, conducting background checks, and verifying certifications and insurance. It serves various sectors, including oil and gas, solar, and wind, and offers solutions such as workforce and vendor marketplaces, as well as managed field services. Additionally, Workrise provides digital tools for auditing and archiving operations, optimizing inventory, and enhancing operational efficiencies for energy companies across the United States.

QuVa Pharma

Debt Financing in 2018
QuVa Pharma will be the industry’s leading 503B platform and the partner of choice for compliance-oriented healthcare facilities looking to ensure quality, safe and consistent supply of medications. QuVa Pharma will achieve this through its commitment to innovation, by operating from superior facilities under stringent cGMP adherence, and by attracting individuals absolutely committed to quality and who bring deep sterile injectable manufacturing expertise.

Trucker Path

Debt Financing in 2017
Trucker Path, Inc. is a software platform dedicated to improving the trucking industry through navigational assistance and freight matching solutions. Developed in 2013, its flagship application enables truck drivers to easily locate essential services, including truck stops, parking areas, weigh stations, fuel stations, and repair shops. Trucker Path also offers Truckloads, a suite of web-based tools designed to connect brokers with carriers within a private network. The platform has gained significant traction, serving approximately 35% of U.S. Class 8 truckers and actively working to address inefficiencies in the $700 billion trucking sector. Trucker Path has been recognized for its innovative approach to modernizing transportation logistics and is available on both Google Play and the App Store. The company is headquartered in Austin, Texas, and has formed strategic partnerships to enhance its offerings.

Castle Biosciences

Debt Financing in 2017
Castle Biosciences, we focus on addressing this gap. We work with leading cancer institutions to in-license proprietary technologies and complete development and validation. The ultimate goal is to make these proven tests available to all individuals afflicted with a rare cancer.
Reata Pharmaceuticals is a biopharmaceutical company that develops drugs for cancer, inflammation, and neurodegenerative diseases. It offers antioxidant inflammation-modulating drugs, as well as drugs that correct protein misfolding. The company also develops drugs for the treatment of renal/cardiovascular and autoimmune diseases. The company was formerly known as Reata Discovery, Inc. and changed its name to Reata Pharmaceuticals, Inc. in May 2005. The company was founded in 2002 and is based in Irving, Texas.

Savara

Debt Financing in 2017
Savara Inc. is a biopharmaceutical company based in Austin, Texas, specializing in rare respiratory diseases. Its primary product candidate, Molgradex, is an inhaled granulocyte-macrophage colony-stimulating factor currently in Phase III development for autoimmune pulmonary alveolar proteinosis (aPAP). Additionally, Molgradex is being evaluated in Phase IIa trials for nontuberculous mycobacterial (NTM) lung infections and cystic fibrosis patients with chronic NTM infections. Savara is also developing AeroVanc, an inhaled vancomycin, which is in Phase III trials for treating methicillin-resistant Staphylococcus aureus (MRSA) lung infections in cystic fibrosis patients. The company aims to expand its pipeline through strategic partnerships and product acquisitions, including a recent acquisition of a combination antibiotic that targets drug-resistant pathogens. Savara's management team has extensive experience in orphan drug development and is focused on addressing unmet medical needs in the field of pulmonary medicine.

GENBAND

Debt Financing in 2016
GENBAND US LLC is a global provider of real-time communications software solutions, catering to service providers, enterprises, and developers worldwide. The company offers a range of products, including telephony application servers that integrate voice, video, instant messaging, and collaboration across various devices and networks. Its offerings encompass intelligent messaging services, unified communications solutions, and cloud-enabled session border controllers that ensure security and interoperability for fixed and mobile networks. Additionally, GENBAND provides media gateways for digital media stream conversion and network functions virtualization solutions. Established in 1999 and headquartered in Frisco, Texas, GENBAND focuses on enhancing and securing communications infrastructure for a diverse clientele. The company operates as a subsidiary of Sonus Networks, Inc. since 2017.

Nuvectra

Debt Financing in 2016
Nuvectra, focus not only on what our devices do, but also on reducing their complexity for clinicians and patients. We are committed to developing products with intelligent innovations and technologies that provide improved outcomes and long-term solutions for our customers.

Castle Biosciences

Debt Financing in 2016
Castle Biosciences, we focus on addressing this gap. We work with leading cancer institutions to in-license proprietary technologies and complete development and validation. The ultimate goal is to make these proven tests available to all individuals afflicted with a rare cancer.

Thermi

Debt Financing in 2015
ThermiHealth, LLC specializes in developing, manufacturing, and distributing thermistor-controlled micro-invasive and non-invasive devices for plastic surgery and dermatology. The company offers a range of products, including ARVATI, which utilizes temperature-controlled radiofrequency technology to stimulate collagen; ThermiTight, designed to heat the skin for natural collagen rebuilding; and ThermiRase, which targets facial and neck lines. Additionally, ThermiSmooth provides a temporary reduction of cellulite, while ThermiVa uses controlled radiofrequency energy to heat tissues. Established in 2012 and based in Irving, Texas, ThermiHealth operates as a subsidiary of Celling Biosciences, LLC since April 2019. The company emphasizes the scientific application of heat in its aesthetic treatments, leveraging SmartTip technology for precise temperature regulation during procedures.

FloSports

Debt Financing in 2015
FloSports is a media and events company that specializes in live streaming of premier sports events, original video programming, and weekly studio shows. Founded in 2006 in Austin, Texas, by Mark Floreani, Madhu Venkatesan, and Martin Floreani, the company aims to serve passionate sports fans by providing a platform that connects them with the sports they love. FloSports offers a direct-to-consumer video streaming service that includes both live and on-demand access to a variety of competitions across multiple sports, both in the United States and internationally. The company holds exclusive broadcast rights to numerous events, allowing subscribers to engage with a wide range of sports content. Through its focus on live competition, original content, and owned events, FloSports seeks to unite fragmented communities of sports enthusiasts.

tectonic

Debt Financing in 2015
Tectonic is a technology and business services firm that specializes in providing integrated solutions for mid-sized to enterprise customers. With headquarters in Denver and additional offices in Chicago, Houston, and Los Angeles, the company focuses on insight2action automation in the cloud. Tectonic assists clients in modernizing their operations through big data, analytics, customer relationship management, and marketing automation. By making customer data actionable, Tectonic enables organizations to predict and influence customer behavior, ultimately facilitating comprehensive business transformation in both digital and physical environments.

Castle Biosciences

Debt Financing in 2015
Castle Biosciences, we focus on addressing this gap. We work with leading cancer institutions to in-license proprietary technologies and complete development and validation. The ultimate goal is to make these proven tests available to all individuals afflicted with a rare cancer.

Thermi

Debt Financing in 2015
ThermiHealth, LLC specializes in developing, manufacturing, and distributing thermistor-controlled micro-invasive and non-invasive devices for plastic surgery and dermatology. The company offers a range of products, including ARVATI, which utilizes temperature-controlled radiofrequency technology to stimulate collagen; ThermiTight, designed to heat the skin for natural collagen rebuilding; and ThermiRase, which targets facial and neck lines. Additionally, ThermiSmooth provides a temporary reduction of cellulite, while ThermiVa uses controlled radiofrequency energy to heat tissues. Established in 2012 and based in Irving, Texas, ThermiHealth operates as a subsidiary of Celling Biosciences, LLC since April 2019. The company emphasizes the scientific application of heat in its aesthetic treatments, leveraging SmartTip technology for precise temperature regulation during procedures.

Advice Interactive Group

Series A in 2014
Advice Interactive Group is an Internet marketing agency based in McKinney, Texas, that offers a comprehensive range of services for organizations in the United States and internationally. The company specializes in search engine optimization (SEO) and local SEO, which includes competitive analysis, keyword research, content marketing, and social media optimization. Additionally, it provides social media marketing services such as content curation and engagement strategies. Advice Interactive Group also excels in web design, delivering services that encompass landing page design, user experience, graphic design, and mobile website development. Furthermore, the agency offers pay-per-click (PPC) management, which includes advanced keyword research, retargeting, and performance audits. Founded in 2008, the agency aims to help clients establish a clear and distinct voice in the competitive online marketplace.

FieldAware

Venture Round in 2014
FieldAware is re-shaping the field service industry! Its made-for-mobile, cloud-based software was designed from the ground up to provide ease of use with incredible flexibility – a combination that enables field service organizations to amaze their customers, astonish the staff and surprise the competition. FieldAware's software was architected as a mobile platform, with no incumbent legacy technologies to modify or migrate from.

6sense

Series A in 2014
6sense Insights Inc. is a predictive intelligence platform that aids B2B marketing and sales leaders in identifying potential prospects and understanding market dynamics through data-driven insights. Established in 2013 and headquartered in San Francisco, California, with additional offices in Texas and India, 6sense integrates various sources of time-sensitive activity, static data, and external information to offer a unified account engagement platform. This platform leverages artificial intelligence, big data, and machine learning to provide revenue teams with deep insights into buyer behavior, allowing them to prioritize accounts, engage resistant buying teams, and implement personalized multi-channel campaigns. By uncovering anonymous demand and optimizing data fragmentation, 6sense enables its users to predictably grow revenue and improve sales conversions.

Q1Media

Debt Financing in 2014
Q1Media serves national, regional, and local brands by reaching custom audiences on high-performing, highly viewable ad inventory across mobile, video, display and connected tv. Our best-in class mobile location based targeting and measurement, high-performing cross device ad units and in-house optimization teams afford advertisers a powerful platform to place and manage their digital advertising efforts.

Volusion

Debt Financing in 2014
Volusion is a prominent e-commerce solution tailored for small businesses, providing a comprehensive platform for building and managing online stores. With its robust shopping cart software, Volusion has facilitated over $28 billion in transactions and more than 185 million orders. Merchants using Volusion typically earn significantly more compared to competitors. The platform includes essential features such as product merchandising, site design, search engine optimization, online marketing, and order processing. Additionally, it offers tools for mobile commerce, a drag-and-drop content builder, a style editor, affiliate marketing, and a loyalty rewards program. Volusion also provides a range of services, including payment processing, fraud protection, and digital marketing solutions. Committed to security, Volusion has maintained PCI certification for over a decade and is recognized on Visa's approved provider list. Customers benefit from 24/7 access to award-winning support through live chat or phone.

Plus Therapeutics

Post in 2013
Plus Therapeutics is dedicated to developing and delivering innovative cell-based therapies to improve the quality and length of life. It is a global, public company engaged in the development and commercialization of stem and regenerative cell therapies for the treatment of cardiovascular disease, reconstructive surgery, and other serious, chronic, and life-threatening conditions. Plus Therapeutics pipeline of candidate drug products includes their lead drug product candidates, RNL and DocePLUS, which are being developed in the U.S. by a dedicated and energetic team of biologists, chemists, engineers, physicians, and other professionals.

Active-Semi

Debt Financing in 2011
Active-Semi, Inc. is a technology company based in Richardson, Texas, founded in 2004. It specializes in designing, developing, and manufacturing integrated circuits for power management and motor control applications. The company offers a range of products, including DC to DC converters, AC to DC converters, power management units, and LED drivers. Notably, its Power Application Controllers provide advanced solutions for smart energy devices and BLDC motor control, catering to various industries including consumer electronics, industrial, and commercial sectors. Active-Semi's innovative products focus on enhancing battery safety and management, featuring capabilities such as thermal regulation and voltage adjustability. With a substantial portfolio of patents, Active-Semi operates globally with research and development centers in multiple countries, positioning itself as a leader in the power management industry. It functions as a subsidiary of Qorvo, Inc.

Airband Communications Holdings

Debt Financing in 2010
Airband Communications is the largest WiMAX fixed-wireless provider serving businesses in the United States. They deliver a comprehensive portfolio of high-bandwidth and managed solutions over one of the industry's most scalable last-mile networks. Founded in 2000, Airband built its wholly-owned network to bypass the local phone and cable companies, providing customers with faster install times, unmatched scalability and complete path redundancy from the traditional wireline infrastructure. Today, Airband provides service in 14 markets and is expanding quickly. Airband is managed by a senior leadership team that is focused on providing an exceptional customer experience for every single customer. Their employees are passionate about delivering the results businesses are looking for. Airband are known and respected for their local support staff, exemplary service and customer responsiveness and serve more than 3,500 businesses nationwide.

SyChip

Series D in 2004
SyChip Inc. specializes in the design, development, and marketing of Radio Frequency Integrated Circuits (RFIC) and Chip Scale Modules (CSM) tailored for the wireless internet appliance market. The company's innovative approach emphasizes the creation of highly integrated RF modules that stand out due to their proprietary integration techniques, modular architectures, and advanced Silicon technologies. This unique silicon substrate allows for more predictable RF designs and simplifies the simulation process, resulting in reduced time-to-market, enhanced performance, and improved reliability for its products.

Perficient

Debt Financing in 2002
Perficient is an information technology consulting firm. Perficient helps clients use Internet-based technologies to improve productivity and competitiveness, strengthen relationships with customers, suppliers and partners and reduce information technology costs.

Navini Networks

Series B in 2001
Navini Networks provides portable, plug-n-play broadband wireless access solutions in the United States. Its pre-Mobile WiMAX solutions include The Ripwave MX product line comprising Ripwave MX portable products, such as base stations, modems, radio frequency combiners, and element management systems. Navini Networks, Inc. also provides Smart WiMAX, a mobile WiMAX with beamformed MIMO and smart beamforming technology for the broadband wireless market to deliver personal broadband to the mass market. The company was founded in 2000 and is headquartered in Richardson, Texas.

Extreme Devices

Venture Round in 2001
Extreme Devices is a manufacturer of semiconductor electronic components.

Cicada Semiconductor

Debt Financing in 2001
Cicada Semiconductor is a fabless semiconductor company that specializes in the design, development, and marketing of digital signal processors (DSPs) and related integrated circuit technologies. The company provides advanced DSP-based solutions aimed at enhancing high-speed communications systems. Its technologies facilitate affordable gigabit-per-second digital communications across the Internet's infrastructure, utilizing existing copper cable installations and legacy fiber optic links. Cicada's product offerings include transceivers and advanced System-on-Chip solutions tailored for gigabit Ethernet networks and backplane applications, thereby supporting the growing demand for high-performance connectivity in various digital communication environments.

TManage

Series C in 2000
TManage Inc. provides managed access, virtual private network (VPN) and security services that enable enterprises to securely and cost-effectively connect remote, mobile and branch offices to corporate resources.

Powered

Series A in 2000
Powered, a subsidiary of Customer Focus Services based in Los Angeles, operates as a social marketing consultancy dedicated to enhancing business engagement in a digital and interconnected environment. Since its inception in 2000, the company has supported thousands of businesses and individuals by offering a comprehensive suite of services. These include social marketing strategy, program development, content marketing, and influencer activation, among others. Powered aims to guide companies through the complexities of social marketing, ensuring effective execution and management of campaigns. By integrating these services, Powered helps businesses navigate the evolving landscape of digital engagement, ultimately fostering their growth and success.

Taqua

Debt Financing in 1999
Taqua manufactures and supplies switching systems and applications that include packet interface cards and broadband interface cards