Predict your next investment

Bank
comerica.com

See what CB Insights has to offer

Investments

108

Portfolio Exits

43

Partners & Customers

10

About Comerica

Comerica is a financial services company headquartered in Dallas and aligned into three major business segments: The Business Bank, The Retail Bank, and Wealth & Institutional Management.

Comerica Headquarter Location

Comerica Bank Tower 1717 Main Street

Dallas, Texas, 75201,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Comerica News

Wells Fargo Takes 25K-SF Space in Boca Raton, Replacing Comerica

Aug 5, 2022

Wells Fargo snagged about 25,000 square feet of office space at 1675 North Military Trail in Boca Raton, in a slot soon to be vacated by Comerica Bank. With the current tenant moving out in June 2023, it allows Wells Fargo to seamlessly relocate from 5355 Town Center Road once its lease at that location […]

Comerica Investments

108 Investments

Comerica has made 108 investments. Their latest investment was in Mirvie as part of their Debt on May 5, 2022.

CBI Logo

Comerica Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/17/2022

Debt

Mirvie

$60M

Yes

3

1/10/2022

Line of Credit

Delix Therapeutics

$10M

Yes

4

10/12/2021

Debt

AmplifAI

$6M

Yes

11

6/28/2021

Line of Credit

Subscribe to see more

$99M

Subscribe to see more

10

12/17/2020

Debt - III

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/17/2022

1/10/2022

10/12/2021

6/28/2021

12/17/2020

Round

Debt

Line of Credit

Debt

Line of Credit

Debt - III

Company

Mirvie

Delix Therapeutics

AmplifAI

Subscribe to see more

Subscribe to see more

Amount

$60M

$10M

$6M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

3

4

11

10

10

Comerica Portfolio Exits

43 Portfolio Exits

Comerica has 43 portfolio exits. Their latest portfolio exit was Fully Managed on February 10, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/10/2022

Acquired

$99M

1

1/12/2022

Acq - Pending

$99M

1

10/29/2021

Acquired

$99M

27

7/21/2021

IPO

Subscribe to see more

$99M

Subscribe to see more

10

7/20/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

2/10/2022

1/12/2022

10/29/2021

7/21/2021

7/20/2021

Exit

Acquired

Acq - Pending

Acquired

IPO

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

1

27

10

10

Comerica Acquisitions

2 Acquisitions

Comerica acquired 2 companies. Their latest acquisition was Sterling Bancshares on July 28, 2011.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/28/2011

$99M

Acq - P2P

1

1/30/2001

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/28/2011

1/30/2001

Investment Stage

Companies

Subscribe to see more

Valuation

$99M

$99M

Total Funding

Note

Acq - P2P

Subscribe to see more

Sources

1

10

Comerica Partners & Customers

10 Partners and customers

Comerica has 10 strategic partners and customers. Comerica recently partnered with American Airlines Center on June 6, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

6/8/2022

Partner

United States

1

1/7/2020

Client

Treasury’s Bureau of the Fiscal Service Selects Comerica Bank to Continue Prepaid Debit Card for Unbanked. Bureau of the Fiscal Service - News - Treasury’s Bureau of the Fiscal Service Seeks Direct Express Prepaid Debit Card Services

Fiscal Service selected Comerica Bank , which is the current financial agent for the program , after conducting a competitive selection process and evaluating proposals from multiple financial institutions .

1

1/7/2020

Client

United States

Treasury renews Comerica contract for benefits program hit by fraud

`` The new agreement with Comerica implements rigorous customer service requirements , requires more reporting , reduces cardholder fees for certain transactions , and lowers the overall cost to the federal government from the previous agreement , '' Treasury 's Bureau of Fiscal Service said in a press release .

1

7/20/2019

Partner

United States

Subscribe to see more

Subscribe to see more

10

1/18/2019

Partner

United States

Subscribe to see more

Subscribe to see more

10

Date

6/8/2022

1/7/2020

1/7/2020

7/20/2019

1/18/2019

Type

Partner

Client

Client

Partner

Partner

Business Partner

Country

United States

United States

United States

United States

News Snippet

Treasury’s Bureau of the Fiscal Service Selects Comerica Bank to Continue Prepaid Debit Card for Unbanked. Bureau of the Fiscal Service - News - Treasury’s Bureau of the Fiscal Service Seeks Direct Express Prepaid Debit Card Services

Fiscal Service selected Comerica Bank , which is the current financial agent for the program , after conducting a competitive selection process and evaluating proposals from multiple financial institutions .

Treasury renews Comerica contract for benefits program hit by fraud

`` The new agreement with Comerica implements rigorous customer service requirements , requires more reporting , reduces cardholder fees for certain transactions , and lowers the overall cost to the federal government from the previous agreement , '' Treasury 's Bureau of Fiscal Service said in a press release .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

1

1

10

10

Comerica Team

16 Team Members

Comerica has 16 team members, including former Chief Executive Officer, Senior Vice President, Lane Allen.

Name

Work History

Title

Status

Lane Allen

Bank of Texas, Wells Fargo Securities, and J.P. Morgan Chase & Co.

Chief Executive Officer, Senior Vice President

Former

Annette Musa

President

Former

Noreen E. Skelly

Chief Financial Officer

Former

Sangy Vatsa

Chief Information Officer

Former

Selwyn Isakow

Executive Vice President

Former

Name

Lane Allen

Annette Musa

Noreen E. Skelly

Sangy Vatsa

Selwyn Isakow

Work History

Bank of Texas, Wells Fargo Securities, and J.P. Morgan Chase & Co.

Title

Chief Executive Officer, Senior Vice President

President

Chief Financial Officer

Chief Information Officer

Executive Vice President

Status

Former

Former

Former

Former

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.