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U.S. Bancorp company logo
Investment Bank
FINANCE | Retail Banking
usbank.com

Investments

49

Portfolio Exits

17

Partners & Customers

10

About U.S. Bancorp

U.S. Bancorp is the parent company of U.S. Bank. U.S. Bank provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions.

Headquarters Location

800 Nicollet Mall

Minneapolis, Minnesota, 55402,

United States

800-473-6372

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Expert Collections containing U.S. Bancorp

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Find U.S. Bancorp in 1 Expert Collection, including Fortune 500 Investor list.

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Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

Research containing U.S. Bancorp

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CB Insights Intelligence Analysts have mentioned U.S. Bancorp in 4 CB Insights research briefs, most recently on Dec 9, 2022.

Latest U.S. Bancorp News

US Bank rolls out Connected Partnership Network

Sep 22, 2023

By Delisha Fernandes Share U.S. Bank has launched an online marketplace of third-party payment and treasury solutions that are fully integrated with U.S. Bank systems. The U.S. Bank Connected Partnership Network  helps corporate treasury teams easily identify and adopt technology connected with the bank, such as treasury management systems and working capital automation tools. “Businesses are increasingly looking for ways to gain efficiency and streamline their processes,” said Rich Erario, head of Global Treasury Management at U.S. Bank. “We know from our own research and conversations with clients that they see opportunity for digital transformation in their payment processes – whether receiving money from clients or sending payments to vendors. They are delighted when they can easily connect their bank to the software, processes and systems they use every day, without the need to use multiple portals.” Businesses can quickly determine which of their existing tech solutions are already integrated into the Connected Partnership Network, opening up opportunities to seamlessly connect to U.S. Bank payments within their existing systems. The U.S. Bank Connected Partnership Network makes it easy to search and find third-party applications integrated with U.S. Bank. Using integrated network partners can help businesses reduce the time and resources needed to implement treasury management services through embedded banking. The Bank Connected Partnership Network also enables FinTechs and other third parties to develop applications powered by U.S. Bank Payment Services and delivered through the Connected Partnership Network. To automate and optimise cash management, businesses can access a variety of integrated solutions that deliver the best of emerging technologies. And third parties benefit from the ability to integrate with U.S. Bank more easily on behalf of mutual clients. Previous Article Digital monthly issue Global coverage

U.S. Bancorp Investments

49 Investments

U.S. Bancorp has made 49 investments. Their latest investment was in Nexamp as part of their Debt - III on May 5, 2023.

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U.S. Bancorp Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/31/2023

Debt - III

Nexamp

$400M

Yes

2

3/28/2023

Series A

Versana

$40M

Yes

6

9/20/2022

Grant - III

Latino Community Association

$0.01M

Yes

1

9/16/2022

Line of Credit

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$99M

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10

9/14/2022

Series A

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$99M

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10

Date

5/31/2023

3/28/2023

9/20/2022

9/16/2022

9/14/2022

Round

Debt - III

Series A

Grant - III

Line of Credit

Series A

Company

Nexamp

Versana

Latino Community Association

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Amount

$400M

$40M

$0.01M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

2

6

1

10

10

U.S. Bancorp Portfolio Exits

17 Portfolio Exits

U.S. Bancorp has 17 portfolio exits. Their latest portfolio exit was York Wallcoverings on January 18, 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

1/18/2022

Merger

$99M

1

11/25/2019

Divestiture

U.S. Bancorp - Quasar Distributors

$99M

2

5/17/2019

Acquired

$99M

6

7/2/2018

Divestiture

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$99M

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10

4/21/2017

Take Private

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$99M

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10

Date

1/18/2022

11/25/2019

5/17/2019

7/2/2018

4/21/2017

Exit

Merger

Divestiture

Acquired

Divestiture

Take Private

Companies

U.S. Bancorp - Quasar Distributors

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

2

6

10

10

U.S. Bancorp Acquisitions

33 Acquisitions

U.S. Bancorp acquired 33 companies. Their latest acquisition was Union Bank on December 01, 2022.

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

12/1/2022

$99M

Acquired

10

11/16/2021

Debt

$99M

$36.5M

Acquired

2

8/11/2021

Series B

$99M

$27.3M

Acquired

6

2/21/2020

Other

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$99M

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10

9/9/2019

Series B

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$99M

$99M

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10

Date

12/1/2022

11/16/2021

8/11/2021

2/21/2020

9/9/2019

Investment Stage

Debt

Series B

Other

Series B

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$36.5M

$27.3M

$99M

Note

Acquired

Acquired

Acquired

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Sources

10

2

6

10

10

U.S. Bancorp Partners & Customers

10 Partners and customers

U.S. Bancorp has 10 strategic partners and customers. U.S. Bancorp recently partnered with Meta on May 5, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

5/1/2023

Partner

United States

U.S. Bank Announces Partnership With Meta Prosper

`` Today 's announcement of the partnership between U.S. Bank and Meta to provide financial resources that will help Asian American-owned businesses grow and succeed is fantastic news , especially as we celebrate Asian American Native Hawaiian Pacific Islander Heritage Month and Small Business Month , '' said US Pan Asian American Chamber of Commerce Education Foundation National President and CEO Susan Au Allen .

3

4/27/2023

Licensor

United States

PaperTrl partners with US Bank

PaperTrl has announced the partnership with US Bank , explaining that the integration will enable customers to automate their AP operations from procurement to payment .

1

4/24/2023

Partner

United States

U.S. Bank and Elavon become payments partner of California Restaurant Association

The partnership with the state-wide trade association , which represents 22,000 member locations , comes after recent research by U.S. Bank and Elavon revealed that 70 % of restaurant-sector respondents say customers ' ability to order and pay quickly influences their choice of restaurant .

1

4/19/2023

Vendor

United States

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10

4/5/2023

Vendor

United States

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10

Date

5/1/2023

4/27/2023

4/24/2023

4/19/2023

4/5/2023

Type

Partner

Licensor

Partner

Vendor

Vendor

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

U.S. Bank Announces Partnership With Meta Prosper

`` Today 's announcement of the partnership between U.S. Bank and Meta to provide financial resources that will help Asian American-owned businesses grow and succeed is fantastic news , especially as we celebrate Asian American Native Hawaiian Pacific Islander Heritage Month and Small Business Month , '' said US Pan Asian American Chamber of Commerce Education Foundation National President and CEO Susan Au Allen .

PaperTrl partners with US Bank

PaperTrl has announced the partnership with US Bank , explaining that the integration will enable customers to automate their AP operations from procurement to payment .

U.S. Bank and Elavon become payments partner of California Restaurant Association

The partnership with the state-wide trade association , which represents 22,000 member locations , comes after recent research by U.S. Bank and Elavon revealed that 70 % of restaurant-sector respondents say customers ' ability to order and pay quickly influences their choice of restaurant .

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Sources

3

1

1

10

10

U.S. Bancorp Team

82 Team Members

U.S. Bancorp has 82 team members, including current Executive Vice President, Gareth Gaston.

Name

Work History

Title

Status

Gareth Gaston

Executive Vice President

Current

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Name

Gareth Gaston

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Work History

Title

Executive Vice President

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Status

Current

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