Silicon Valley Bank

Silicon Valley Bank

Silicon Valley Bank is an U.S.-based high-tech commercial bank founded in 1983.

Silicon Valley Bank is an investment bank in California that focuses on technology, life science, cleantech, venture capital, private equity, and premium wine businesses. Founded 1983 in Santa Clara, California, United States, it invests in debt, early stage ventures, late stage ventures, private equity, series B, debt financing, series A, post-IPO debt, and seed rounds. Its portfolio companies include Symend, GoExpedi, Glofox, FreeWire Technologies, FORM, AcuityAds, Weee!, Proxy, Pager, and Fastforward.ai. As of June 2020, Silicon Valley Bank has made 601 investments. The company has had 206 exits, the most notable of which include Draper Esprit, Vonage, and Teladoc. Silicon Valley Bank has raised three funds, their latest being Silicon Valley Bank III.

Silicon Valley Bank offers online and banking services, payments, deposits and fraud prevention services. In addition, the company offers investments and asset management services, credit solutions and commercial card programs and strategic advisory services, such as deal sourcing, benchmarking, strategic valuations and transaction support.

Silicon Valley Bank has 330 monthly app downloads. The most popular apps downloaded are SVB Mobile Banking-Commercial, SVB Private Bank, and SVB Wealth Advisory.

Timeline

May 7, 2020
The most recent investment of Silicon Valley Bankwas on May 7, 2020, when Symend raised $52M.
May 1, 2020
Silicon Valley Bank invested in GoExpedi Debt financing ($15M).
April 28, 2020
Silicon Valley Bank invested in Glofox Series A Round ($10M).
1983
Founded

Funded Companies

Company
Description
Industry
Website
Location
Twist Bioscience

A DNA synthesis company using a next-generation silicon-based technology platform.

Bolt Threads is a biotechnology company that makes high performance fabrics and materials using biology.

Directly is a San Francisco-based developer of artificial intelligence systems of customer experience and chatbots founded by Antony Brydon, Jean Tessier and Jeff Patterson.

D2L is a provider of elearning solutions founded by John Baker that uses the Brightspace learning management platform.

NerdWallet is a San Francisco-based provider of financial information, offering consumers personalized advice to help them make money decisions.

AiCure is an advanced data analytics company that uses artificial intelligence to understand how patients respond to treatments.

A company using RNA to diagnose disease and to develop biomarkers that predict treatment outcomes. Cofactor is founded by Jarret Glasscock.

A biotechnology company offering a genomics platform supporting scientific research into life sciences such as oncology, immunology, and neuroscience.

An electronic manufacturing company with a focus on high-resolution LIDAR sensors. It was founded in 2015 and is located in San Francisco, California.

A company offering a software platform for the commercial real estate industry that is leveraging big data and machine learning.

Neuromod is a medical device company formed to advance the science of bi-modal neuromodulation.

A software company offering a business to business subscription management platform.

Whoop is a performance optimization system for elite athletes and teams.

eVestment, a Nasdaq company, is an Atlanta-based provider of institutional investment data, analytics and market intelligence covering public and private markets.

Tally Technologies is a San Francisco-based financial services company.

99 Results
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Associated investment funds

Investment Fund
Total offering (USD)
Total sold (USD)
Location
Date signed
Strategic Investors Fund V, L.P.
250,000,000
142,800,000
August 18, 2011
225,000,000
225,000,000
May 8, 2017
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People

Name
Role
LinkedIn

Andrew Hoang

Employee

Bharat Bhate

Employee

Charlotte Torres

Employee

Chris Kirschke

Employee

David Mort

Employee

Edward Shenderovich

Employee

Eileen Nolan

Employee

Eric Benhamou

Employee

Jacob Laufer

Employee

Jason Mok

Employee

Jim Marshall

Employee

Jim Rutter

Employee

John Karakelle

Employee

Kathleen Ward

Employee

Ken Loveless

Employee

Lauren McLaughlin

Employee

Liam Fairbairn

Employee

Mark Lau

Employee

Michael Burke

Employee

Mike Ball

Employee

Nick de Porcel

Employee

Nicole Staple

Employee

Rohan Shah

Employee

Ron Sherman

Employee

Samir Kaji

Employee

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Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

AcuityAds

Fastforward.ai

FORM

FreeWire Technologies

Glofox

GoExpedi

Pager

Proxy

Symend

Weee!

News

Title
Author
Date
Publisher
Description
Mary Ann Azevedo
February 19, 2021
TechCrunch
Brex is the latest fintech to apply for a bank charter. The fast-growing company, which sells a credit card tailored for startups with Emigrant Bank currently acting as the issuer, announced Friday that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions (UDFI) to establish [...]
Isabelle Kirkwood
February 2, 2021
BetaKit
The share of late-stage venture deals into Canadian tech startups increased in 2020 amid an influx of capital from investors based in the United States.
January 27, 2021
WebWire
Stilt, the leading provider of financial services for immigrants, today announced it has raised a $100 million warehouse facility from Silicon Valley Bank, the bank of the world's most innovative companies and their investors. To date, Stilt has raised a total of $225 million in total debt facilities for lending to its customers., , , , The company also announced the launch of its new checking account offering. Since the launch in September, the number of active checking accounts is growing 5...
Catherine Shu
January 27, 2021
TechCrunch
Stilt, a provider of financial services for immigrants in the United States, announced today it has raised a $100 million warehouse facility from Silicon Valley Bank for lending to its customers. This brings Stilt's total debt facilities so far to $225 million, and will enable it to reach more than $350 million in annualized loan [...]
Silicon Valley Bank
January 26, 2021
www.prnewswire.com:443
/PRNewswire/ -- SVB Financial Group ("SVB") (NASDAQ: SIVB) today announced the pricing of an underwritten offering of 750,000 depositary shares, each...
SVB Financial Group
January 21, 2021
www.prnewswire.com:443
/PRNewswire/ -- SVB Financial Group (NASDAQ: SIVB) has released its financial results for the quarter ended December 31, 2020. Please visit SVB's Investor...
Megan Hernbroth and Lydia Ramsey Pflanzer
January 11, 2021
Business Insider
These are the top-valued private biotech and healthcare companies, according to Pitchbook data and our reporting.
AlleyWatch
December 20, 2020
AlleyWatch
The Pulse of New York Tech
Splashtop
December 17, 2020
www.prnewswire.com:443
/PRNewswire/ -- Splashtop Inc., a worldwide leader in remote access and remote support solutions, has assembled leading experts in cybersecurity and compliance...
Samantha Hurst
November 25, 2020
Crowdfund Insider
Click HERE to find out ⭐ International Money Transfer Service TransferGo Scores €5 Million Investment from Silicon Valley Bank. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Tanya Dua
November 20, 2020
Business Insider
The management consultancy has made some acquisitions and hired a number of key ad executives.
Samantha Hurst
November 19, 2020
Crowdfund Insider
Click HERE to find out ⭐ Silicon Valley Bank Enters Into Multi-Million Risk Retention Financing Agreement With SoFi. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Isabelle Kirkwood
October 28, 2020
BetaKit
Silicon Valley Bank has put boots on the ground in Vancouver with the appointment of Caterina Papadakos as director of technology banking for Western Canada.
Marlize van Romburgh
June 16, 2020
AmericanInno
The National Venture Capital Association is spinning out a new nonprofit organization aimed at advancing diversity and inclusion in the industry and expanding access to venture capital, the association said Tuesday. The new 501(c)(3) nonprofit is called Venture Forward and will be based at the NVCA's headquarters in Washington, D.C., and at new offices in San Francisco. Its focus will be on advancing diversity, inclusion and access to opportunities in the venture and startup worlds, which continue to be heavily dominated by white men in a handful of coastal markets. "A big part of our mission here is to make sure that we are expanding opportunities for women, for people of color, for people in geographies outside of California, Massachusetts and New York, to be able to learn about venture capital and participate in our ecosystem, whether as an entrepreneur or as an investor," Maryam Haque, the executive director of Venture Forward, told the Silicon Valley Business Journal in an
Marlize van Romburgh
June 16, 2020
AmericanInno
The National Venture Capital Association is spinning out a new nonprofit organization aimed at advancing diversity and inclusion in the industry and expanding access to venture capital.
Isabelle Kirkwood
May 5, 2020
BetaKit
Silicon Valley Bank has appointed Paul Parisi, formerly the president of PayPal Canada, as its new head of Canada.
Erin Griffith and David McCabe
April 27, 2020
www.nytimes.com
Some young companies have turned to the government loans not for day-to-day survival but simply to buy useful time.
Jonathan Shieber
April 8, 2020
TechCrunch
In a sign of just how broken the process is for startups looking to receive stimulus dollars, Silicon Valley Bank, the bank that claims "more innovative startups bank with us than any other bank," only just began processing claims today. "Since the CARES Act and the PPP were announced, we have been hard at work [...]
Annie Musgrove
January 6, 2020
Tech.eu
Icelolly, the UK travel and holiday comparison platform, has closed £2 million in venture debt financing from Silicon Valley Bank (SVB) to support growth and increase brand recognition. Icelolly's platform collects holiday deals and travel inspiration to help vacationers book the cheapest, best-suited package, from flights to car hire to accommodation. Founded in West Yorkshire ...
Shannen Balogh
November 5, 2019
Business Insider
JPMorgan is building a team tasked with providing coverage for VC firms and helping the commercial bank work with other areas like investment banking and wealth management.
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References

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