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.
First Industrial Realty Trust is a prominent owner and operator of industrial real estate, specializing in supply chain solutions for both multinational corporations and regional customers. The company manages, leases, buys, develops, and sells a diverse range of industrial facilities, including bulk and regional distribution centers and light industrial spaces. With a strong presence in major markets throughout North America, First Industrial Realty Trust emphasizes local expertise to meet customer needs effectively. As of September 30, 2020, the company owned and had under development approximately 64.1 million square feet of industrial space, reflecting its commitment to serving the growing demands of the industrial real estate sector.
Nonprofit Finance Fund
Grant in 2025
Nonprofit Finance Fund (NFF) serves mission-driven organizations with tailored investments, strategic advice and accessible insights. As a Community Development Financial Institution (CDFI) intermediary and trusted advisor in the social sector for 33 years, NFF has partnered with a wide range of public and private providers of capital to develop and implement innovative and effective ways to increase the flow of capital to a chronically undercapitalized social sector. Throughout this time, they have also worked closely with the providers of services to empower them with the skills and capacity necessary to convert capital into meaningful, positive outcomes for the individuals, families and communities that they serve.
Origis Energy
Debt Financing in 2024
Origis Energy Ltd. is a solar development and construction firm focused on large-scale solar photovoltaic (PV) projects across Belgium, Greece, Italy, Slovakia, and the United States. Established in 2008 and headquartered in Limassol, Cyprus, the company specializes in designing, building, and operating solar farms that provide clean electricity to utilities, corporations, and communities. Origis Energy manages the entire project lifecycle, offering services that encompass site assessment, project development, engineering, procurement, construction, and long-term operations and maintenance. Additionally, the company provides asset management services, which include regulatory monitoring, cash management, and financial reporting. It also offers performance management services, emphasizing plant performance analysis and operational efficiency. Origis Energy is committed to delivering clean energy solutions while facilitating equity and debt financing for its projects.
NRStor
Debt Financing in 2024
NRStor Inc., established in 2012 and headquartered in Toronto, Canada, specializes in developing, owning, and operating energy storage projects. The company focuses on accelerating the commercialization of reliable, cost-effective energy storage technologies, bridging the gap between electricity demand and renewable energy sources. NRStor serves a diverse range of clients, including grid operators, commercial entities, and utilities across North America, providing turn-key energy-as-a-service solutions. These solutions include stand-alone energy storage systems, renewable coupled systems, and microgrids, all centrally managed through a state-of-the-art operational platform. NRStor's business model involves building, owning, and operating these projects, requiring no upfront capital or operational expertise from its customers.
Cabrillo Economic Development
Grant in 2024
Cabrillo Economic Development offers property development, property management, and community services.
esVolta
Debt Financing in 2023
EsVolta is a developer, owner, and operator of utility-scale renewable energy projects, focusing specifically on energy storage systems designed to support renewable energy initiatives. The company specializes in managing the entire process of utility-scale energy storage assets, including origination, development, construction, and operation. EsVolta's projects provide critical services such as on-demand capacity, energy arbitrage, and support for grid stability, catering to the needs of electric utilities and large energy consumers. Its current portfolio includes 500 MWh of operational and utility-contracted projects, with an active development pipeline of over 2,000 MWh of additional project opportunities.
NRStor
Debt Financing in 2023
NRStor Inc., established in 2012 and headquartered in Toronto, Canada, specializes in developing, owning, and operating energy storage projects. The company focuses on accelerating the commercialization of reliable, cost-effective energy storage technologies, bridging the gap between electricity demand and renewable energy sources. NRStor serves a diverse range of clients, including grid operators, commercial entities, and utilities across North America, providing turn-key energy-as-a-service solutions. These solutions include stand-alone energy storage systems, renewable coupled systems, and microgrids, all centrally managed through a state-of-the-art operational platform. NRStor's business model involves building, owning, and operating these projects, requiring no upfront capital or operational expertise from its customers.
BlueWave
Venture Round in 2023
BlueWave is dedicated to enhancing access to renewable energy through innovative solar solutions. As a leading developer of community solar projects, it has successfully built over 135 MW of solar installations, providing customers across the country with opportunities to engage in sustainable energy practices. BlueWave's offerings include community solar subscriptions and home solar loans, making renewable energy accessible to homeowners, renters, small businesses, and municipalities. The company also features a Solar Management Platform that allows solar asset owners and installers to efficiently manage their operations, while offering customers an online dashboard to manage their subscriptions and track account activity. Recognized as a certified B Corp, BlueWave has received accolades for its environmental efforts, including being named Clean Energy Company of the Year by the Northeast Clean Energy Council and being featured in the Inc. 5000 lists as a notable growth company.
Versana
Venture Round in 2023
Versana is a developer of a loan data platform that aims to enhance transparency, efficiency, and speed in the syndicated loan market. The company's platform delivers real-time insights into loan-level details and portfolio positions by directly capturing reference data from agent banks. This approach allows clients to eliminate discrepancies and gain direct digital access to crucial information. Versana's services encompass various aspects of the financial sector, including loan syndication, corporate credit, debt management, capital markets, leveraged finance, and both investment-grade and high-yield loans. Through its innovative technology, Versana seeks to redefine the way financial institutions manage and analyze loan data.
Ownera
Series A in 2023
Ownera is a digital assets software company that operates a digital securities network designed for institutional use. Founded in 2018 and based in Vaduz, Liechtenstein, the company provides an API that allows customers to connect directly to its network. Ownera offers an issuance platform that simplifies the process of issuing digital securities for financial institutions. By creating an interoperability network for tokenized assets, Ownera aims to modernize the private markets, making them less reliant on paper processes and more accessible for banks, asset managers, and exchanges. This platform facilitates the efficient routing of assets, enabling institutional clients to discover, invest in, and trade assets with immediate transaction settlement and ownership transfer. Additionally, Ownera has contributed to the development of the open-source FinP2P protocol, which underpins its digital asset solutions.
Humana
Post in 2023
Humana is a prominent private health insurer based in Louisville, Kentucky, specializing in government-sponsored healthcare programs. Established in 1964, the company primarily focuses on administering Medicare Advantage plans, Medicaid, and the TRICARE program for military service members and their families. Humana serves a diverse membership base, with a significant portion of its medical coverage stemming from individual and group plans. In addition to its insurance offerings, Humana provides a range of healthcare services, including primary care, at-home care, and pharmacy benefit management. The company also operates Humana Veterans, a subsidiary dedicated to delivering healthcare solutions to veterans when services are unavailable through Veterans Affairs Medical Centers. Humana's commitment to innovation, choice, and engagement informs its approach to meeting the healthcare needs of its members.
Ownera
Series A in 2022
Ownera is a digital assets software company that operates a digital securities network designed for institutional use. Founded in 2018 and based in Vaduz, Liechtenstein, the company provides an API that allows customers to connect directly to its network. Ownera offers an issuance platform that simplifies the process of issuing digital securities for financial institutions. By creating an interoperability network for tokenized assets, Ownera aims to modernize the private markets, making them less reliant on paper processes and more accessible for banks, asset managers, and exchanges. This platform facilitates the efficient routing of assets, enabling institutional clients to discover, invest in, and trade assets with immediate transaction settlement and ownership transfer. Additionally, Ownera has contributed to the development of the open-source FinP2P protocol, which underpins its digital asset solutions.
TravelBank
Acquisition in 2021
TravelBank is a comprehensive business travel and expense management platform catering to over 20,000 companies. The platform aims to enhance control over travel programs, leading to an average reduction in travel expenses by 30%. It features a user-friendly design and a travel rewards program that promotes employee satisfaction. Businesses can easily create and implement customized travel policies while establishing a baseline for their travel expenditures. TravelBank also offers a dedicated customer support team available 24/7 via phone, email, or chat to assist clients with any inquiries.
MUFG Bank
Acquisition in 2021
MUFG Bank, Ltd., established in 1957, is a prominent commercial bank headquartered in Sydney, Australia, with a global presence in 41 countries. It offers a comprehensive suite of banking products and services, including loans, deposits, guarantees, remittances, foreign exchange, derivatives, cash management, trade finance, and asset finance. As a subsidiary of MUFG Bank, Ltd., it operates as part of Mitsubishi UFJ Financial Group (MUFG), one of the world's largest banks with approximately $3.2 trillion in assets. MUFG's services span corporate and investment banking, transaction services, and personal banking, catering to individual, corporate, and institutional clients worldwide.
Bento for Business
Acquisition in 2021
Bento for Business is a financial operating platform designed specifically for small and mid-sized businesses (SMBs). The platform enables businesses to issue payment credentials securely, offering virtual and corporate cards along with comprehensive management tools that enhance control and visibility over company expenses. By minimizing fraud and reducing administrative overhead, Bento's solutions allow businesses to streamline their financial processes, freeing them to concentrate on growth and customer value. The company also provides open APIs and white label partnerships, extending its capabilities to automate payments beyond employee expenses. With its headquarters in San Francisco and Chicago, Bento is recognized for its innovative approach to expense management, combining the security of traditional banking with the user-friendly features typical of modern technology firms.
Center for Economic Inclusion
Grant in 2021
Center for Economic Inclusion is a nonprofit focused on improving equity.
National Museum of African American History and Culture
Grant in 2019
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, Inc. is a technology company that operates a self-service cloud-based platform designed for advertisers and advertising agencies. Founded in 2009 and headquartered in Ventura, California, the company enables users to create, manage, and optimize data-driven digital advertising campaigns across a variety of formats, including display, video, audio, native, and social. Its platform supports multiple devices, such as computers, mobile devices, and connected TVs. By leveraging data analytics, The Trade Desk helps clients enhance the effectiveness of their advertising efforts. The company generates revenue through fees that are based on a percentage of its clients' advertising expenditures.
Syncada
Acquisition in 2013
Syncada is a Minneapolis-based company that provides payment automation solutions through an online platform designed for business-to-business transactions. Operating under a software as a service (SaaS) model, Syncada's platform facilitates invoice processing, payment, and trade financing. This enables corporate and government clients to achieve a more efficient method for managing payments and receivables. By leveraging cloud technology, Syncada aims to streamline financial operations for its users, enhancing their overall payment experience.
FSV Payment Systems
Acquisition in 2012
FSV Payment Systems specializes in prepaid technology and stored value processing, focusing on delivering comprehensive prepaid card solutions to employers across the United States. The company has significant expertise in various applications of prepaid cards, including e-payroll and benefit cards, loyalty programs, rebates and promotions, as well as general-purpose gift cards and reloadable options. FSV also provides processing services for healthcare payment cards, travel cards, and teen cards, demonstrating its versatility in the prepaid industry. With a strong foundation in paycard technology, FSV Payment Systems is well-equipped to meet the diverse needs of businesses seeking efficient payment solutions.
SolarCity
Private Equity Round in 2012
SolarCity is a solar energy system provider based in San Mateo, California, dedicated to delivering reliable clean energy solutions for homes and businesses. The company specializes in the development and sale of solar panels and solar roof tiles, offering comprehensive services that include system design, financing, and installation. In 2016, SolarCity was acquired by Tesla, which subsequently transformed its business model by moving operations to a fully online platform and integrating its offerings with Tesla's electric vehicles and battery systems. This strategic shift has enabled SolarCity to enhance its presence in the renewable energy sector, reaching a broader customer base and promoting sustainable energy usage.
InstaMed
Venture Round in 2010
InstaMed Communications, LLC, founded in 2004 and headquartered in Philadelphia, Pennsylvania, operates a healthcare payments network that connects providers, payers, and consumers through a unified cloud-based platform. The company offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which facilitate secure management of healthcare payment transactions with role-based security. Additionally, InstaMed Connect integrates healthcare payments into existing IT applications via APIs. By streamlining electronic transactions and consolidating payment processes, InstaMed aims to reduce the risks and complexities associated with multiple payment vendors, ultimately enhancing consumer satisfaction and enabling providers to collect payments more efficiently. As of 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank, National Association.
Solar Power Partners
Series C in 2010
Solar Power Partners, Inc. is a leading independent solar power producer in the United States, specializing in the development, ownership, and operation of distributed solar energy facilities. The company assists businesses, institutions, municipalities, and agricultural clients in adopting solar energy through long-term Power Purchase Agreements (PPAs), which allow customers to benefit from solar-generated electricity without the complexities and costs associated with owning and maintaining solar facilities. SPP focuses on mid-scale projects and collaborates with solar integrators to deliver tailored renewable energy solutions. Its diverse clientele includes water districts, educational institutions, healthcare facilities, airports, detention centers, and various commercial and agricultural operations, extending its services across the continental United States and Hawaii.
Sunrun
Debt Financing in 2009
Sunrun Inc. is a leading provider of residential solar energy systems in the United States, specializing in the design, development, installation, ownership, and maintenance of solar power solutions. Founded in 2007 and headquartered in San Francisco, California, the company offers a unique solar service model that allows homeowners to pay for the electricity generated by the solar systems rather than purchasing the panels outright. This approach enables customers to benefit from lower, locked-in electricity rates while Sunrun maintains and monitors the systems. Operating in twelve states, Sunrun installs solar systems at a rapid pace, averaging one installation every ten minutes. The company utilizes a direct-to-consumer marketing strategy complemented by partnerships with various solar and strategic entities. In addition to solar energy systems, Sunrun also provides battery storage solutions and sells solar products such as panels and racking. With a workforce of over 3,000 employees, Sunrun continues to lead the residential solar market by prioritizing customer savings and sustainable energy solutions.
InstaMed
Venture Round in 2009
InstaMed Communications, LLC, founded in 2004 and headquartered in Philadelphia, Pennsylvania, operates a healthcare payments network that connects providers, payers, and consumers through a unified cloud-based platform. The company offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which facilitate secure management of healthcare payment transactions with role-based security. Additionally, InstaMed Connect integrates healthcare payments into existing IT applications via APIs. By streamlining electronic transactions and consolidating payment processes, InstaMed aims to reduce the risks and complexities associated with multiple payment vendors, ultimately enhancing consumer satisfaction and enabling providers to collect payments more efficiently. As of 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank, National Association.
Sunrun
Debt Financing in 2008
Sunrun Inc. is a leading provider of residential solar energy systems in the United States, specializing in the design, development, installation, ownership, and maintenance of solar power solutions. Founded in 2007 and headquartered in San Francisco, California, the company offers a unique solar service model that allows homeowners to pay for the electricity generated by the solar systems rather than purchasing the panels outright. This approach enables customers to benefit from lower, locked-in electricity rates while Sunrun maintains and monitors the systems. Operating in twelve states, Sunrun installs solar systems at a rapid pace, averaging one installation every ten minutes. The company utilizes a direct-to-consumer marketing strategy complemented by partnerships with various solar and strategic entities. In addition to solar energy systems, Sunrun also provides battery storage solutions and sells solar products such as panels and racking. With a workforce of over 3,000 employees, Sunrun continues to lead the residential solar market by prioritizing customer savings and sustainable energy solutions.
Mpayy
Series B in 2008
Mpayy is a multichannel payment processor based in Chicago, Illinois, that caters to individuals, small businesses, charities, political parties, and e-commerce retailers. Founded in June 2007 by Conrad Sheehan, Mpayy offers a secure electronic payment service designed to enhance the convenience and safety of online and mobile transactions. The platform enables users to process payments directly from their checking accounts and provides cash back incentives for shoppers utilizing the service. Mpayy focuses on delivering a streamlined checkout experience, allowing for free person-to-person money transfers and reducing the number of required data inputs during transactions.
InstaMed
Venture Round in 2007
InstaMed Communications, LLC, founded in 2004 and headquartered in Philadelphia, Pennsylvania, operates a healthcare payments network that connects providers, payers, and consumers through a unified cloud-based platform. The company offers several products, including InstaMed Online for Providers and InstaMed Online for Payers, both of which facilitate secure management of healthcare payment transactions with role-based security. Additionally, InstaMed Connect integrates healthcare payments into existing IT applications via APIs. By streamlining electronic transactions and consolidating payment processes, InstaMed aims to reduce the risks and complexities associated with multiple payment vendors, ultimately enhancing consumer satisfaction and enabling providers to collect payments more efficiently. As of 2019, InstaMed operates as a subsidiary of JPMorgan Chase Bank, National Association.
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, based in Raleigh, North Carolina, specializes in developing in vitro diagnostic tests utilizing nuclear magnetic resonance (NMR) technology. The company's flagship product, the NMR LipoProfile test, quantifies low density lipoprotein particles (LDL-P) in blood samples, offering crucial insights for physicians and patients to tailor heart disease risk management. With more than 8 million tests ordered, LipoScience is at the forefront of personalized diagnostics, providing actionable data that enhances patient care and treatment strategies.
ZettaCom
Series B in 2001
ZettaCom, Inc. manufactures and supplies chipset solutions to core multi-service switch and router original equipment manufacturers (OEMs).
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 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.
Lara Networks
Series B in 2000
Lara Networks is a fabless semiconductor manufacturer specializing in the design, development, and marketing of memory-intensive application-specific integrated circuits (ASICs) tailored for the networking and communications sectors. The company focuses on creating silicon-based packet processing solutions aimed at enhancing wide area network (WAN) infrastructure equipment. Additionally, Lara Networks provides network search engines that facilitate efficient data processing within network systems.
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 is a company specializing in the development, manufacturing, and distribution of advanced laser systems. Founded in 1998 and headquartered in Sunnyvale, California, Novalux is known for its Extended Cavity Surface Emitting Laser technology, which serves as a sophisticated solution for various applications, including projection displays, specialty lighting, neon sign alternatives, and automotive lighting. Additionally, the company focuses on creating laser modules designed for optical networks, enabling scalable platforms that enhance information bandwidth for long-haul, metro, and local access communication systems. Novalux's innovative products provide solid-state light sources that surpass traditional UHP lamps and LEDs used for microdisplay illumination. As of January 2008, Novalux operates as a subsidiary of Arasor International Limited.
Prime Advantage
Series C in 2000
Prime Advantage Corporation is a buying consortium based in Chicago, Illinois, that serves mid-sized manufacturers, particularly in the industrial manufacturing and food processing sectors. Founded in 1997, the company specializes in helping its members reduce costs through collective purchasing power, enabling them to negotiate favorable terms for raw materials, components, services, and supplies with a network of endorsed suppliers. By leveraging group volume discounts and rebates, Prime Advantage not only lowers overall expenses for its members but also enhances their competitiveness within the market. Additionally, the company provides education, benchmarking, and best practice sharing to further support its members' operational efficiency. Endorsed suppliers benefit from increased market access and streamlined sales processes, creating a mutually advantageous relationship. As of mid-2017, Prime Advantage operates as a subsidiary of OMNIA Partners.
Epicentric
Series C in 2000
Epicentric is a software company that specializes in developing personalized portal solutions and websites. Founded in 1998 and based in San Francisco, California, the company focuses on enabling businesses to create custom portals that integrate various applications, content, and web services. These solutions cater to customers and employees across intranets, extranets, and the internet, facilitating seamless access to information and commerce. Currently, Epicentric operates under Vignette Corporation.
Simpata
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.
PHT
Series B in 1999
PHT is a leading provider of electronic patient reported outcome (ePRO) solutions utilized in clinical trials globally. The company offers advanced technologies, including the LogPad and StudyPad systems, which enhance data quality and support efficient data capture and management. PHT's StudyWorks online portal grants study sponsors, monitors, and sites real-time access to critical trial data, facilitating informed decision-making. By partnering with biopharmaceutical and medical device companies, PHT enables more effective and accurate clinical studies, ultimately contributing to the success of trials.
Western Bancorp
Acquisition in 1999
Western Bancorp Inc. is a financial services provider based in San Jose, California, founded in 2008. The company specializes in mortgage banking and wholesale financial lending services. It offers a range of services including wholesale lending, loan management, and retail lending, catering to diverse client needs. As of August 14, 2017, Western Bancorp operates as a subsidiary of Eli Global, LLC.
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