Silicon Valley Bank

Silicon Valley Bank is a commercial bank headquartered in Santa Clara, California, specializing in providing diversified financial services to companies in technology, life sciences, cleantech, venture capital, private equity, and premium wine sectors. Established in 1983, it offers a range of services including debt financing, treasury management, corporate investment, and international banking. The bank operates through 27 offices in the United States and has an international presence with seven operations worldwide. By leveraging its industry expertise and global connections, Silicon Valley Bank aims to enhance the success potential of its clients, which include both emerging growth and established businesses. Additionally, its UK branch, founded in 2010, facilitates cross-border transactions and supports clients in meeting their strategic needs. The bank is recognized for its commitment to service excellence and innovation within the financial sector.

Trefor Bacon

Managing Director

Greg Becker

CEO

Julie Betts

Managing Director

Gerald Brady

Managing Director, SVB Network

Samantha Colletti

Director

Peter Freyer

Managing Director of National Healthcare Sponsor Finance and Life Sciences

Dennis Grunt

Director

Nicole Hawkey

Director

Stephen Lowery

Managing Director

Scott McCarty

Director - Life Sciences

Andrew Oddo

Managing Director, Startup Banking

Eric Otterson

Managing Director

Robert Parker

Director

Sameer Paul

Director

Priya Rajan

Managing Director - India and Middle East and North Africa

Laura Scott

Managing Director

Ben Tickler

Managing Director - Enterprise Software

Past deals in Credit Bureau

TomoCredit

Debt Financing in 2022
TomoCredit LLC, established in 2018 and based in San Francisco, California, focuses on providing innovative credit solutions tailored for Millennials, particularly those with no credit history or credit score. The company manufactures electronic smart and credit cards that enable users to build credit and qualify for loans by utilizing a proprietary algorithm to analyze alternative data sources. In addition to its credit card offerings, TomoCredit has developed a mobile application that allows users to manage their accounts effectively. The founding team, composed of immigrant founders, aims to address the challenges faced by foreign nationals in accessing credit, drawing on their backgrounds from notable institutions such as Coinbase, The Kenetic Hedge Fund, and Google, as well as prestigious educational establishments like MIT and UC Berkeley.

Breeze

Series A in 2021
Breeze is an InsurTech company based in Omaha, Nebraska, established in 2019. It offers a digital platform that provides a range of insurance products designed to replace lost wages due to short-term or long-term disabilities and critical illnesses. The company's offerings include long-term disability insurance, short-term disability insurance, critical illness insurance, and paid parental leave insurance, as well as group disability insurance. Breeze aims to help individuals protect their income and lifestyle through personalized disability insurance plans, addressing needs related to sickness, accidents, and other qualifying events.

Petal

Debt Financing in 2021
Petal Card, Inc. is a credit card company focused on providing financial access to individuals without traditional credit histories, such as students and immigrants. Founded in 2015 and based in New York, the company utilizes machine learning to analyze users' digital financial records, allowing for cash flow underwriting as an alternative to conventional credit scoring. This innovative approach enables Petal to offer higher credit limits and lower rates compared to competing credit cards. The company's flagship product, the Petal Visa, is designed to promote responsible spending and credit-building, accompanied by a user-friendly digital application for managing payments. Petal aims to make credit more honest, simple, and accessible, fostering a financial environment that encourages users to succeed.

Stilt

Debt Financing in 2021
Stilt Inc. is a financial technology company based in San Francisco, California, founded in 2015. It specializes in providing collateral-free personal loans to international students, graduates, immigrants, and other underserved individuals who have limited or no credit history in the United States. By utilizing a peer-to-peer lending platform, Stilt leverages proprietary and public data to assess the creditworthiness of these individuals, allowing them to access short-term loans at competitive interest rates. The company's mission is to help immigrants build credit and gain access to essential financial services that can improve their economic prospects.

Upgrade

Series D in 2020
Upgrade, Inc. is an online lending platform based in San Francisco, California, with additional offices in Phoenix, Montreal, and Chicago. Founded in 2016, the company operates as a neobank, providing access to personal loans and innovative credit products, such as the Upgrade Card, which combines the benefits of installment lending with traditional credit card usage. Upgrade focuses on offering affordable and responsible credit solutions to mainstream consumers while also providing free credit monitoring and educational resources aimed at helping individuals manage their finances effectively. Through its services, Upgrade enables consumers to gain a better understanding of their credit health and make informed financial decisions.

Symend

Series B in 2020
Symend Inc. develops a digital engagement platform designed to enhance debt recovery processes while prioritizing positive customer experiences. Founded in 2016 and based in Calgary, Canada, with additional offices in Toronto and Denver, the company utilizes behavioral science and advanced analytics to provide enterprise clients with insights into consumer behavior. This enables businesses to engage customers effectively and encourages them to resolve past due bills through personalized communications, self-service tools, and flexible repayment options. Symend's platform incorporates features such as treatment planning and campaign management, aiming to reduce debt delinquency and improve customer satisfaction. The company serves a diverse range of industries, including telecommunications, financial services, utilities, and media, and operates globally across North America, Latin America, and the Asia-Pacific region.

TotallyMoney

Debt Financing in 2019
TotallyMoney Limited operates a credit comparison platform that allows users to assess their eligibility for various financial products, including credit cards, loans, and mortgages from U.K. lenders. Founded in 2006 and based in London, the company aims to transform the consumer credit market by providing a free credit report and live credit score, alongside innovative technologies such as Borrowing Power and Match Factor. These tools equip customers with essential information to make informed financial decisions and enhance their credit histories. Formerly known as Media Ingenuity Ltd., the company rebranded in August 2017 and is a subsidiary of Media Ingenuity Group (Holdings) Limited. Through its services, TotallyMoney seeks to promote a more equitable consumer credit landscape.

Borrowell

Series B in 2019
Borrowell Inc. is a financial services company based in Toronto, Canada, founded in 2014. It operates an online marketplace-lending platform that connects borrowers with lenders, offering a variety of financial products, including personal loans and credit cards. Borrowell provides Canadians with tools to manage their financial well-being, including free credit score monitoring and personalized recommendations for financial products from various partners. The platform aims to simplify the borrowing process by empowering users to make informed decisions, access low-interest loans, and improve their overall financial health. Through its innovative approach, Borrowell seeks to enhance the borrowing experience for Canadians.

Corpay One

Series A in 2019
Corpay One, formerly known as Roger.ai, is a financial technology company specializing in bill payment and accounts payable automation for small and medium-sized businesses. The platform enables users to manage their financial tasks efficiently by automating workflows related to bill payments, approvals, compliance, and expenses. Users can pay any bill or invoice quickly, often in less than a second, significantly reducing the time spent on accounts payable management. The application also offers features such as automated recognition of recurring bills and insights into past expenditures, enhancing users' financial oversight. Founded in 2017 and headquartered in Copenhagen, Corpay One is designed to streamline daily financial operations for both businesses and accountants.

Finclude

Grant in 2018
Finclude offers financial well being services that empower EU citizens fair access to credit and expand the retail credit markets for financial institutions.

Petal

Debt Financing in 2018
Petal Card, Inc. is a credit card company focused on providing financial access to individuals without traditional credit histories, such as students and immigrants. Founded in 2015 and based in New York, the company utilizes machine learning to analyze users' digital financial records, allowing for cash flow underwriting as an alternative to conventional credit scoring. This innovative approach enables Petal to offer higher credit limits and lower rates compared to competing credit cards. The company's flagship product, the Petal Visa, is designed to promote responsible spending and credit-building, accompanied by a user-friendly digital application for managing payments. Petal aims to make credit more honest, simple, and accessible, fostering a financial environment that encourages users to succeed.

Upgrade

Series C in 2018
Upgrade, Inc. is an online lending platform based in San Francisco, California, with additional offices in Phoenix, Montreal, and Chicago. Founded in 2016, the company operates as a neobank, providing access to personal loans and innovative credit products, such as the Upgrade Card, which combines the benefits of installment lending with traditional credit card usage. Upgrade focuses on offering affordable and responsible credit solutions to mainstream consumers while also providing free credit monitoring and educational resources aimed at helping individuals manage their finances effectively. Through its services, Upgrade enables consumers to gain a better understanding of their credit health and make informed financial decisions.

Bluevine

Series E in 2018
BlueVine Capital Inc. is a financial technology company based in Redwood City, California, that specializes in providing working capital solutions to small businesses in the United States. Founded in 2013, BlueVine offers a variety of financial products including lines of credit, term loans, and invoice factoring, aimed at addressing the diverse financial needs of small and medium-sized enterprises. The company has developed an advanced online platform that enables business owners to access financing quickly and easily, featuring fast approvals and a user-friendly dashboard. Since its inception, BlueVine has facilitated nearly $2 billion in financing, helping businesses manage their cash flow challenges effectively. In addition to its financial products, BlueVine also offers a Business Checking Account to further support small business owners.

Bench

Series B in 2018
Bench Accounting Inc. is a fintech company based in Vancouver, Canada, that specializes in providing online bookkeeping services for small businesses. Founded in 2012, the company combines intuitive software with a dedicated team of professional bookkeepers to automate accounting tasks, allowing clients to manage their finances more efficiently. Bench offers a range of services, including monthly financial statements, year-end financials, and year-round tax support, ensuring that business owners have access to comprehensive financial reporting and expert assistance. With a focus on affordability and convenience, Bench aims to streamline the bookkeeping process, empowering clients to concentrate on growing their businesses. The company has raised significant funding to support its operations and currently employs a workforce dedicated to serving thousands of clients across Canada.

ClearStar

Post in 2017
ClearStar, Inc. is a provider of technology-based services focused on human capital integrity, primarily serving background screening companies, employers, and employees in the United States. Founded in 1995 and headquartered in Alpharetta, Georgia, the company offers a suite of applications designed to aid in recruitment and employment decisions by utilizing data from approximately 3,000 sources, including résumés and local authority records. ClearStar specializes in background checks, drug and clinical testing, employee monitoring, access control, and various screening services tailored for industries such as aerospace, healthcare, hospitality, and transportation. As a trusted advocate for applicants, ClearStar aims to deliver innovative technology solutions and decision-making information to enhance the hiring process and support workforce growth.

Bluevine

Debt Financing in 2017
BlueVine Capital Inc. is a financial technology company based in Redwood City, California, that specializes in providing working capital solutions to small businesses in the United States. Founded in 2013, BlueVine offers a variety of financial products including lines of credit, term loans, and invoice factoring, aimed at addressing the diverse financial needs of small and medium-sized enterprises. The company has developed an advanced online platform that enables business owners to access financing quickly and easily, featuring fast approvals and a user-friendly dashboard. Since its inception, BlueVine has facilitated nearly $2 billion in financing, helping businesses manage their cash flow challenges effectively. In addition to its financial products, BlueVine also offers a Business Checking Account to further support small business owners.

Upgrade

Series A in 2017
Upgrade, Inc. is an online lending platform based in San Francisco, California, with additional offices in Phoenix, Montreal, and Chicago. Founded in 2016, the company operates as a neobank, providing access to personal loans and innovative credit products, such as the Upgrade Card, which combines the benefits of installment lending with traditional credit card usage. Upgrade focuses on offering affordable and responsible credit solutions to mainstream consumers while also providing free credit monitoring and educational resources aimed at helping individuals manage their finances effectively. Through its services, Upgrade enables consumers to gain a better understanding of their credit health and make informed financial decisions.

Bluevine

Series D in 2016
BlueVine Capital Inc. is a financial technology company based in Redwood City, California, that specializes in providing working capital solutions to small businesses in the United States. Founded in 2013, BlueVine offers a variety of financial products including lines of credit, term loans, and invoice factoring, aimed at addressing the diverse financial needs of small and medium-sized enterprises. The company has developed an advanced online platform that enables business owners to access financing quickly and easily, featuring fast approvals and a user-friendly dashboard. Since its inception, BlueVine has facilitated nearly $2 billion in financing, helping businesses manage their cash flow challenges effectively. In addition to its financial products, BlueVine also offers a Business Checking Account to further support small business owners.

Bridge2 Solutions

Debt Financing in 2016
Bridge2 Solutions is the leading innovator in the world of incentive, consumer and performance rewards. Bridging Performance Improvement agencies with best-in-class retail and service organizations to create a new business model for reward fulfillment that re-defines the industry.

Tally

Series A in 2016
Tally Technologies, Inc. is a financial automation company founded in 2015 and based in San Francisco, California. The company offers an application that simplifies the management of multiple credit cards, allowing users to avoid high annual percentage rates, costly fees, and the complexities associated with juggling various accounts. Tally’s platform automates credit card management by tracking balances and due dates, providing features such as debt management, late fee protection, and a line of credit. This approach empowers consumers to take control of their credit card usage, helping them save money on interest and achieve their financial goals.

Bluevine

Series B in 2015
BlueVine Capital Inc. is a financial technology company based in Redwood City, California, that specializes in providing working capital solutions to small businesses in the United States. Founded in 2013, BlueVine offers a variety of financial products including lines of credit, term loans, and invoice factoring, aimed at addressing the diverse financial needs of small and medium-sized enterprises. The company has developed an advanced online platform that enables business owners to access financing quickly and easily, featuring fast approvals and a user-friendly dashboard. Since its inception, BlueVine has facilitated nearly $2 billion in financing, helping businesses manage their cash flow challenges effectively. In addition to its financial products, BlueVine also offers a Business Checking Account to further support small business owners.

Qsent

Series B in 2002
Qsent offers contact and identity management services for various businesses. Its contact identity services source updated contact data from publicly available Telco-based contact listing records to provide contact information used in the resolution and verification of identity. The company is headquartered in Beaverton, Oregon.
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