
Investments
49Portfolio Exits
17Partners & Customers
10About 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.

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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
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.

U.S. Bancorp Investments Activity

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 | |||||
9/14/2022 | Series A |
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 | ||
Amount | $400M | $40M | $0.01M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 6 | 1 |
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 | 1 | |||
11/25/2019 | Divestiture | U.S. Bancorp - Quasar Distributors | 2 | ||
5/17/2019 | Acquired | 6 | |||
Date | 1/18/2022 | 11/25/2019 | 5/17/2019 | ||
---|---|---|---|---|---|
Exit | Merger | Divestiture | Acquired | ||
Companies | U.S. Bancorp - Quasar Distributors | ||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 2 | 6 |
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 | Acquired | 10 | ||||
11/16/2021 | Debt | $36.5M | Acquired | 2 | ||
8/11/2021 | Series B | $27.3M | Acquired | 6 | ||
2/21/2020 | Other | |||||
9/9/2019 | Series B |
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 | |||||
Valuation | |||||
Total Funding | $36.5M | $27.3M | |||
Note | Acquired | Acquired | Acquired | ||
Sources | 10 | 2 | 6 |
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 | ||||
4/5/2023 | Vendor |
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 | ||
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 . | ||
Sources | 3 | 1 | 1 |
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 | |
Name | Gareth Gaston | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Executive Vice President | ||||
Status | Current |
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