USAA

USAA provides banking, insurance, and investment services to the military community. The mission of the association is to facilitate the financial security of its members, associates, and their families through provision of a range of highly competitive financial products and services in so doing, USAA seeks to be the provider of choice for the military community.

Bob LaBrutta

Vice President of Survivorship and Claims

Michael Smith

Assistant Vice President, Corporate Development

44 past transactions

American Red Cross

Grant in 2022
The American Red Cross (ARC), also known as the American National Red Cross, is a humanitarian organization that provides emergency assistance, disaster relief, and education inside the United States. It is the designated U.S. affiliate of the International Federation of Red Cross and Red Crescent Societies. It is the largest single supplier of blood and blood products in the United States, collecting and processing approximately 40 percent of the blood supply and distributing it to about 2,600 hospitals and transfusion centers nationwide. The organization researches and tests to protect the safety of the blood supply. It was among the first to develop and implement testing for many infectious diseases including, HIV, hepatitis B and C viruses, West Nile virus, and Chagas disease. The ARC operates the nationwide hemovigilance program to examine donor and patient adverse reactions. Data from the program is used to enhance blood product quality and safety The ARC serves on key committees of AABB and other blood-related organizations, and works closely with the U.S. Food and Drug Administration (FDA). The American Red Cross was established in 1881 and is headquartered in Washington, District of Columbia with 39 immunohematology reference laboratories nationwide.

Enveil

Series B in 2022
Enveil uses homomorphic crypto to protect data interactions including search and analytics. They allow enterprises to securely operate on both encrypted and unencrypted data in the cloud, on-prem, or anywhere in between.
GreenPath is a national nonprofit that supports people's lifelong financial wellness. We have 60 years of experience in guiding people through financial crisis, and we're expanding to deliver a full spectrum of people-centered resources and tools for every step of the journey. Everyone deserves the chance to pursue their dreams. We empower people to make financial choices that support their goals.

Hosta Labs

Series A in 2021
Hosta Labs automates the analysis of images and videos of interior structures for property insurance carriers to provide a full in-depth view of accurate replacement values and risks in the underwriting process and on raw material quantities and mitigation measures in the claim process. The company was founded in 2020 and operates in Cambridge, Massachusetts.

Hosta AI

Series A in 2021
Hosta a.i. is an AI-powered property assessment solution that uses A.I. spatial and material analytics to automate onsite property assessment with just a few photos. Hosta provides people and businesses with quick, reliable, and trustworthy information about their built environment. Hosta a.i. is designed for anyone involved in the business of protecting, repairing, and enhancing properties.

Noblr

Acquisition in 2021
Noblr offers a new kind of car insurance helping responsible drivers safely get where they need to go. It leverages telematics data and actuarial insight to give drivers real-time rates based on their actual driving. The company was founded in 2017 and is headquartered in San Francisco, California.

ClickSWITCH

Series B in 2020
ClickSWITCH is an automated account holder acquisition technology for financial institutions and FinTechs that simplifies the process of bringing new depositors onboard by quickly, safely, and efficiently switching their direct deposits and recurring payments from their old accounts to new ones. Based in Minneapolis, the company’s industry-leading solution helps clients to increase account holder acquisition and activation rates, engage during onboarding, and cross-sell products to capture full profit potential. ClickSWITCH delivers solutions to financial institutions and FinTechs of all sizes. ClickSWITCH's mission is empowering consumer choice while enabling competitive profitable financial institutions.

MX Technologies

Series B in 2019
MX is a fintech data company that aims to connect people with their financial data in a way that automates their money experience. It enables fintech and all financial institutions with aggregating, enhancing, analyzing, presenting, and acting on financial data. MX enables banks and credit unions to achieve record-breaking growth by winning their competitor's most profitable account holders. As one of the fastest-growing fintech providers, MX drives customer-centric banking relationships by gathering and providing data upon which online and mobile banking partners and financial institutions can create and deliver next-generation banking applications and solutions. Founded in 2010, MX delivers data aggregation, data cleansing, auto-categorization, classification, money management, custom API, data analytics, marketing, UI, and more. In addition, MX offers an extensive array of client services, ranging from training to custom marketing services. MX currently partners with more than 600 financial institutions and more than 30 digital, online, and mobile banking providers — designating MX as a proven powerhouse in the fintech space.

BillGO

Series A in 2019
Consumers today struggle with a decentralized bill pay system that forces them to keep track of their bills and expenses. This has impacted both the consumer’s ability to achieve financial wellness and banks’ capacity to build engaging customer relationships. BillGO is a fintech trailblazer, offering an all-in-one bill management and payments platform that harnesses the power of speed, choice and intelligence to deliver modern bill payment solutions to financial institutions (FIs), fintechs, billers and consumers. Whether consumers access our technology directly or through their preferred financial services provider, BillGO’s platform enables them to pay their bills when and how they want, which can empower them to better meet their financial obligations, save money and improve their financial well-being.

Robin.io

Series B in 2018
ROBIN platform extends agility, efficiency, and portability of Kubernetes to all applications, even complex Big Data, Databases, AI/ML and Custom Apps, on Any Infrastructure, On-Premise, Hybrid Cloud or Multi-Cloud. ROBIN facilitates simpler and faster roll-out of critical Enterprise IT and LoB initiatives, such as containerization, cloud-migration, cost-consolidation and developer productivity, solves the fundamental challenges of running big data and databases in Kubernetes and enables the deployment of an agile, and flexible Kubernetes-based infrastructure for your Enterprise Applications. With a team that includes industry veterans from leading enterprise technology companies such as NetApp, Oracle, and Veritas, Robin Systems seeks to disrupt the $20 billion-plus virtualization market with its hyper-converged Kubernetes platform. The San Jose California-based company is backed by leading investors such as Clear Ventures, DN Capital, USAA, Hasso Plattner Ventures and CloudScale Capital Partners. To learn more about our progress or to explore exciting opportunities at Robin, please visit us at www.robin.io.

Roostify

Series B in 2018
Roostify they designed a POS platform to help lending homes to provide loans from banks.

Gridspace

Venture Round in 2017
Gridspace provides natural-sounding virtual agents and voice observability software to contact centers. The company is a true, full-stack provider of conversational AI – building and integrating its own enterprise-grade softswitch, real-time conversational ASR, LLMS, semantic search engine, neural TTS, dialog management system, authoring interface, management dashboards and analytics modules.

Flo Technologies

Series A in 2017
Flo Technologies is on a mission to prevent loss, one drip at a time. Flo prevents water damage and unnecessary water waste in homes and buildings across the country with its Flo by Moen smart home water monitoring and leak protection system. In 2018 alone, our system helped homeowners save over two million gallons of water and became available in Home Depot stores across the country, on HomeDepot.com, as well as in countless plumbing wholesalers.

CognitiveScale

Funding Round in 2017
CognitiveScale pioneered the concept of 'AI Engineering', paving the way to industrialize scalable Enterprise AI development and deployment. Backed by over 100 issued AI patents, the award-winning Cortex AI Platform empowers businesses to infuse trusted decision intelligence into business processes and applications maximizing total customer experience and operational efficiency. Our platform currently delivers hyper-personalized insights to more than 100 million customers. Headquartered in Austin, Texas, CognitiveScale is recognized by the World Economic Forum for positively impacting business and society through responsible AI. We are backed by investment from Norwest Venture Partners, Intel Capital, IBM, Westly Group, M12 (Microsoft Ventures), Anthem, and USAA.

Automat

Series A in 2017
Automat helps brands listen to their customers, learn their needs, recommend the right products and deliver personalized ecommerce experiences that are actually personal. Stop guessing who your customers are, just ask them.

Narrative Science

Series D in 2017
Narrative Science Inc. specializes in natural language generation (NLG) technology that transforms data into intelligible narratives. The company offers two primary products: Quill, an automated narrative generation platform for enterprise reporting, and Lexio, which integrates with various data sources like Salesforce and Google Analytics to provide actionable insights. By leveraging artificial intelligence, these platforms convert complex data into easily understandable reports, enabling users with limited analytics skills to grasp the underlying stories in their data. Narrative Science serves a diverse range of industries, including financial services, healthcare, marketing, and manufacturing, facilitating improved communication and decision-making through data-driven narratives. Founded in 2010 and headquartered in Chicago, Illinois, the company has established strategic partnerships to enhance its offerings and reach a broader audience.

Snapsheet

Series C in 2016
Snapsheet is a cloud-native claims management software that delivers claims experiences through its tech-enabled appraisal services. With a focus on engagement, digitization, and intelligent automation, Snapsheet provides unmatched technology and processes that improve customer experience, drive greater organizational agility, and deliver transformational benefits through its Snapsheet Cloud software suite. The company also helps the industry with claims innovation, including the deployment of the fastest digital auto insurance claims process in the United States. As a trusted innovation partner, Snapsheet works with more than 100 clients, including many of the largest insurance carriers, third-party administrators, and insurtech and sharing economy disruptors.

Context360

Venture Round in 2016
Context360 develops an application that analyzes mobile application context and usage data. The company provides first party insights, location and context to help initiate relevant messages, advertising, and offers that sustain engagement and drive the long-term value. Its mobile marketing analytics platform offers Senselytics, an autonomous personalization solution for mobile marketers that integrates insights into mobile services used with contextual information derived from smartphone sensors; and provides brand marketers with direct access to insights into user interests, status, motion patterns, and trends. The company’s platform also detects user interests and patterns related to contextual behavior; defines users into actionable, granular personas, and segments that helps to anticipate and predict evolving user interests; delivers automated offers and messaging based on best time and other rules aligned with actual user behaviors and interests. Context360 was founded by Ratnam Tatavarty and Manoj Duggirala in 2014; and is headquartered in San Mateo, California.

Automat

Seed Round in 2016
Automat helps brands listen to their customers, learn their needs, recommend the right products and deliver personalized ecommerce experiences that are actually personal. Stop guessing who your customers are, just ask them.

PrecisionHawk

Series C in 2016
PrecisionHawk is an information delivery company that combines unmanned aerial systems, remote sensing technologies, and advanced data analytics to improve business operations and day-to-day decision making. PrecisionHawk brings value to an emerging market by offering an end-to-end solution for aerial data gathering, processing, and analysis to provide actionable information across a wide range of data-intensive civilian industries. Founded in 2010, the company provides a holistic platform using Unmanned Aerial Vehicles (UAVs) for data collection and analysis software tools to deliver better business intelligence to clients across a wide range of civilian industries. PrecisionHawk also owns aerial data software, DataMapper, satellite imagery provider, Terraserver, and the Low Altitude Traffic and Airspace Safety platform for drones, LATAS. PrecisionHawk is headquartered in Raleigh, North Carolina.

Flo Technologies

Seed Round in 2016
Flo Technologies is on a mission to prevent loss, one drip at a time. Flo prevents water damage and unnecessary water waste in homes and buildings across the country with its Flo by Moen smart home water monitoring and leak protection system. In 2018 alone, our system helped homeowners save over two million gallons of water and became available in Home Depot stores across the country, on HomeDepot.com, as well as in countless plumbing wholesalers.

Roostify

Venture Round in 2015
Roostify they designed a POS platform to help lending homes to provide loans from banks.

Robin.io

Series A in 2015
ROBIN platform extends agility, efficiency, and portability of Kubernetes to all applications, even complex Big Data, Databases, AI/ML and Custom Apps, on Any Infrastructure, On-Premise, Hybrid Cloud or Multi-Cloud. ROBIN facilitates simpler and faster roll-out of critical Enterprise IT and LoB initiatives, such as containerization, cloud-migration, cost-consolidation and developer productivity, solves the fundamental challenges of running big data and databases in Kubernetes and enables the deployment of an agile, and flexible Kubernetes-based infrastructure for your Enterprise Applications. With a team that includes industry veterans from leading enterprise technology companies such as NetApp, Oracle, and Veritas, Robin Systems seeks to disrupt the $20 billion-plus virtualization market with its hyper-converged Kubernetes platform. The San Jose California-based company is backed by leading investors such as Clear Ventures, DN Capital, USAA, Hasso Plattner Ventures and CloudScale Capital Partners. To learn more about our progress or to explore exciting opportunities at Robin, please visit us at www.robin.io.

Roost

Series A in 2015
Roost is a Sunnyvale, CA-based developer of smart home technology, They seek to bring smart home functionality to users through using one-step retrofitting of existing household products to provide affordable upgrades. The team at Roost is working to approach smart home technology in ways never seen before. They emphasize simplicity of installation and utilization of existing household products.

Automatic

Series B in 2015
Automatic's mission is to empower drivers with knowledge about themselves and their cars so they can be safer and drive smarter. Automatic believes that drivers should not have to buy a new car to have a better driving experience, and that the phone in their pocket can bring the future of driving to today's automobiles. Automatic is based in San Francisco, California, but its team comes from every corner of the world. The team obsesses about creating beautiful and well-engineered products that make a real difference in people's lives. Its members are big on ideas, low on ego, and love working together.

MX Technologies

Series A in 2015
MX is a fintech data company that aims to connect people with their financial data in a way that automates their money experience. It enables fintech and all financial institutions with aggregating, enhancing, analyzing, presenting, and acting on financial data. MX enables banks and credit unions to achieve record-breaking growth by winning their competitor's most profitable account holders. As one of the fastest-growing fintech providers, MX drives customer-centric banking relationships by gathering and providing data upon which online and mobile banking partners and financial institutions can create and deliver next-generation banking applications and solutions. Founded in 2010, MX delivers data aggregation, data cleansing, auto-categorization, classification, money management, custom API, data analytics, marketing, UI, and more. In addition, MX offers an extensive array of client services, ranging from training to custom marketing services. MX currently partners with more than 600 financial institutions and more than 30 digital, online, and mobile banking providers — designating MX as a proven powerhouse in the fintech space.

Prosper Marketplace

Series D in 2015
Prosper is an online lending platform that connects people who want to borrow money with individuals and institutions. Its platform provides lists of loan requests with low, fixed-rate loans and no hidden fees or prepayment penalties, enabling clients to easily gain access to affordable personal loans and investors to earn solid returns via a data-driven underwriting model. The company was founded in 2005 and is headquartered in San Francisco, California.

CafeX Communications

Series B in 2015
CaféX a provider of one-click collaboration solutions to help enterprises enhance team productivity and customer engagement within digital channels. It is trusted by top global banks and other leading brands and empowers employees and guests to work together securely without friction from virtually anywhere using their preferred devices and tools. It was incorporated in 2013 and is headquartered in New York City, United States.

Coinbase

Series C in 2015
Coinbase, Inc. is an online platform that enables merchants, consumers, and traders to buy, sell, and store digital currencies, including Bitcoin, Ethereum, and Litecoin. Founded in 2012 and based in San Francisco, California, Coinbase provides various products and services, such as a user-friendly website for transactions, digital wallets, and merchant payment processing tools. The platform allows users to connect their bank accounts to facilitate the buying and selling of cryptocurrencies. Additionally, Coinbase Ventures serves as the company's investment arm, focusing on early-stage startups in the cryptocurrency and blockchain sectors. With a mission to create an open financial system for the world, Coinbase has positioned itself as a significant player in the digital currency market.

MindMeld

Series A in 2014
MindMeld is an advanced AI platform powering a new generation of intelligent conversational interfaces. It is the first platform capable of powering intelligent conversational experiences for any app, device or website. Companies use this platform to create conversational assistants that understand what users say and find the information they need.

Narrative Science

Venture Round in 2014
Narrative Science Inc. specializes in natural language generation (NLG) technology that transforms data into intelligible narratives. The company offers two primary products: Quill, an automated narrative generation platform for enterprise reporting, and Lexio, which integrates with various data sources like Salesforce and Google Analytics to provide actionable insights. By leveraging artificial intelligence, these platforms convert complex data into easily understandable reports, enabling users with limited analytics skills to grasp the underlying stories in their data. Narrative Science serves a diverse range of industries, including financial services, healthcare, marketing, and manufacturing, facilitating improved communication and decision-making through data-driven narratives. Founded in 2010 and headquartered in Chicago, Illinois, the company has established strategic partnerships to enhance its offerings and reach a broader audience.

Personal Capital

Series D in 2014
Personal Capital is a remote-delivery, industry-leading digital wealth management company that helps people transform their financial lives through technology and advisory services. The company’s state-of-the-art tools and technology provide investors with a complete financial picture, utilized by over 2.5 million customers. Its registered investment advisors provide expert guidance, and customized strategies, based on a personal understanding of an investor’s financial picture and goals. It was founded in 2009 and is headquartered in Redwood Shores, California.

Snapsheet

Series B in 2014
Snapsheet is a cloud-native claims management software that delivers claims experiences through its tech-enabled appraisal services. With a focus on engagement, digitization, and intelligent automation, Snapsheet provides unmatched technology and processes that improve customer experience, drive greater organizational agility, and deliver transformational benefits through its Snapsheet Cloud software suite. The company also helps the industry with claims innovation, including the deployment of the fastest digital auto insurance claims process in the United States. As a trusted innovation partner, Snapsheet works with more than 100 clients, including many of the largest insurance carriers, third-party administrators, and insurtech and sharing economy disruptors.

ID.me

Debt Financing in 2014
ID.me is an online identity network that enables users to provide proof of their legal identity safely and securely online. It simplifies how individuals prove and share their identity. The ID.me Wallet is designed to streamline the process of discovering and accessing various benefits and services, allowing users to log in with a verified identity through a single account. The organization offers identity verification, authentication, and group membership validation for entities in various sectors, such as commercial, healthcare, and government services.

Saffron Technology

Series B in 2014
Saffron is the first artificially intelligent, cognitive computer that learns, reasons and anticipates like you and for you. Saffron fuses the power of computing with brain-like intelligence to help organizations quickly focus on the knowledge that matters most, anticipate what will happen next, and optimize decisions based on this intelligence. Saffron’s Natural Intelligence Platform mimics our brain's ability to associate people, places and things at the entity level, learn how these entities are connected to every “thing” else, and the context behind these connections. The platform ingests data from disparate sources and automatically connects the dots to illuminate the intelligence in large complex data sets. Every time new data arrives, Saffron learns its associations with existing memories to find new patterns, similarities, anomalies or sequences, revealing new information and enabling organizations to see specific events and patterns that otherwise would not have been detected. Saffron incrementally learns and adapts in real-time from new incoming data and human feedback. Saffron integrates with an organization’s existing analytics architecture to not only enhance the speed and volumes at which data can be converted to actionable knowledge, but also critically improve the accuracy of results. Our customers have applied the Natural Intelligence Platform to a number of operational risk intelligence solutions and decision support, including model-free fraud detection, personalized anticipatory maintenance, country risk assessment and personalized customer experience. With the advent of the Internet of Things and the avalanche of smart devices and sensors capturing data everywhere, Saffron’s Natural Intelligence platform is well poised to scale up to this massive data distribution and make every “thing” more intelligent.

Automatic

Series A in 2013
Automatic's mission is to empower drivers with knowledge about themselves and their cars so they can be safer and drive smarter. Automatic believes that drivers should not have to buy a new car to have a better driving experience, and that the phone in their pocket can bring the future of driving to today's automobiles. Automatic is based in San Francisco, California, but its team comes from every corner of the world. The team obsesses about creating beautiful and well-engineered products that make a real difference in people's lives. Its members are big on ideas, low on ego, and love working together.

Cartera Commerce

Venture Round in 2012
Cartera Commerce delivers the industry's most comprehensive, fully-managed, performance-based offer platform for card issuers, airline frequent flyer programs and merchants. Cartera works with two of the three largest financial institutions, all five of the largest airlines and hundreds or merchant advertisers to power personalized, omni-channel shopping and marketing programs that build consumer engagement and loyalty, maximize card spend and create new revenue streams. The Cartera offer platform delivers relevant offers via multiple digital marketing channels including website, online banking, email, mobile, and social media. The company is headquartered in Lexington, MA.

TrueCar

Venture Round in 2011
TrueCar is an information and technology platform that enables its users to communicate with TrueCar certified dealers. TrueCar is the authority on new-car pricing. It aggregates multiple data sources to show car buyers and dealers how much people actually paid for a particular car in their geographic area. True Car helps dealers gain real-time, unbiased information about marketplace pricing, helping them know how to price their cars to sell more and gain market share from other dealers. It was by automotive and technology pioneers Scott Painter and Tom Taira.

Care

Series C in 2010
Care.com is dedicated to enhancing the lives of families and caregivers by facilitating reliable connections between them. The platform serves as a comprehensive marketplace, enabling families to make informed decisions regarding quality care for children, parents, pets, and other loved ones. By providing access to a wide range of caregivers, Care.com aims to be the leading destination for quality care providers, helping them find meaningful employment and career opportunities worldwide. The service has gained rapid popularity among families seeking care solutions, reflecting its commitment to fulfilling the essential human need for caregiving.

TrueCar

Venture Round in 2010
TrueCar is an information and technology platform that enables its users to communicate with TrueCar certified dealers. TrueCar is the authority on new-car pricing. It aggregates multiple data sources to show car buyers and dealers how much people actually paid for a particular car in their geographic area. True Car helps dealers gain real-time, unbiased information about marketplace pricing, helping them know how to price their cars to sell more and gain market share from other dealers. It was by automotive and technology pioneers Scott Painter and Tom Taira.

Cartera Commerce

Series C in 2010
Cartera Commerce delivers the industry's most comprehensive, fully-managed, performance-based offer platform for card issuers, airline frequent flyer programs and merchants. Cartera works with two of the three largest financial institutions, all five of the largest airlines and hundreds or merchant advertisers to power personalized, omni-channel shopping and marketing programs that build consumer engagement and loyalty, maximize card spend and create new revenue streams. The Cartera offer platform delivers relevant offers via multiple digital marketing channels including website, online banking, email, mobile, and social media. The company is headquartered in Lexington, MA.

TrueCar

Series E in 2009
TrueCar is an information and technology platform that enables its users to communicate with TrueCar certified dealers. TrueCar is the authority on new-car pricing. It aggregates multiple data sources to show car buyers and dealers how much people actually paid for a particular car in their geographic area. True Car helps dealers gain real-time, unbiased information about marketplace pricing, helping them know how to price their cars to sell more and gain market share from other dealers. It was by automotive and technology pioneers Scott Painter and Tom Taira.

Vast

Series A in 2005
Vast accesses the largest sources of new and used cars, homes for sale or rent, and accommodation options. Through Fortune 500 publishers such as Bing, Yahoo, USAA, Southwest, and AOL, Vast supports consumers through the lengthy sales cycles involved in the biggest monetary decisions of their lives: their homes, their cars, and their vacations. For consumers, Vast blends powerful real-time personalized analysis of local market trends with massive inventory and relevant data from the Automotive, Real-Estate, and Travel industries. Whether a consumer is selecting their dream car on Bing, falling in love with their next home on USAA, or deciding where to take their weekend getaway on Southwest - the right choice is powered by Vast. For sellers, Vast takes the same personalized analysis and combines it with behavioral insights built by helping thousands of customers every day. Vast is guiding industry professionals to make the right choice about their product and customer relationships based on real-time data and market trends.
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