# Keybank: portfolio, investments and team

> Keybank is a vc firm based in United States. 17 investments on record, 1 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/keybank (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Keybank

Last cheque observed Oct 2026; 17 cheques on record.

Deploying now VC firm

Debt Series C Series E Computer Education Enterprise Software

Deploying now

**100%** of best year **1** **cheques in 12 months**, 17 on record

Since the last cheque **18** days **00** hrs **00** min **00** sec

Median round **$400M** Rounds led **0 of 17** Sole investor **4 rounds** Exits **2 from the portfolio** Mostly in **United States, 100%**

Pitch Keybank

## Keybank highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Debt and Series C: 50% of its rounds
- 03 Sole investor in 4 rounds, median $68M
- 04 2 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Computer Education Enterprise Software
- **Based in:** Cleveland, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **17 appearances**

- **2026** 1 round
- **Oct** **[Stord](https://millionrounds.com/company/stord)** Debt · US · Pulse 2.0 **$400M** With 5 others
- **2015** 1 round
- **Sept** **[AvidXchange](https://millionrounds.com/company/avidxchange)** Series E · US **$225M** With 6 others
- **2014** 1 round
- **May** **[Compass Datacenters](https://millionrounds.com/company/compass-datacenters)** Debt · US **$65M** With 1 other
- **2013** 2 rounds
- **Sept** **[OnDeck](https://millionrounds.com/company/ondeck)** Debt · US · finsmes.com **$130M** With 2 others
- **Jun** **[BYTEGRID](https://millionrounds.com/company/bytegrid)** Debt · US · pehub.com **$100M** Sole investor
- **2012** 1 round
- **Sept** **[Compass Datacenters](https://millionrounds.com/company/compass-datacenters)** Series A · US · bizjournals.com **$45M** Sole investor
- **2010** 2 rounds
- **Dec** **[First Wind](https://millionrounds.com/company/first-wind)** Debt · US · freshnews.com **$76M** Sole investor
- **Jul** **[Xactly Corp](https://millionrounds.com/company/xactly-corp)** Series E · US · deals.venturebeat.com **$7.5M** With 5 others
- **2009** 1 round
- **Feb** **[OpSource](https://millionrounds.com/company/opsource)** Series E · US · opsource.net **$10M** With 4 others
- **2008** 1 round
- **Jun** **[Airband Communications Holdings](https://millionrounds.com/company/airband-communications-holdings)** Venture · US · venturebeat.com **$2.5M** With 4 others
- **2007** 1 round
- **Apr** **[TriActive](https://millionrounds.com/company/triactive)** Venture · US **$2.1M** With 2 others
- **2006** 4 rounds
- **Sept** **[OpSource](https://millionrounds.com/company/opsource)** Series C · US · venturebeat.com **$20M** With 4 others
- **Mar** **[Optasite](https://millionrounds.com/company/optasite)** Series C · US · boston.bizjournals.com **$60M** Sole investor
- **Jan** **[Axentis Software](https://millionrounds.com/company/axentis-software)** Venture · US · allbusiness.com **$9.0M** With 3 others
- **Jan** **[Airwide Solutions](https://millionrounds.com/company/airwide-solutions)** Series D · US · airwidesolutions.com **$25M** With 4 others
- **2005** 2 rounds
- **Sept** **[Impress Software Solutions](https://millionrounds.com/company/impress-software-solutions)** Series C · US · bizjournals.com **$10M** With 4 others
- **Jan** **[SmartLink Radio Networks](https://millionrounds.com/company/smartlink-radio-networks)** Series B · US · thefreelibrary.com **$15M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **11 named**

BE **Blanca E Ortiz** Chief Compliance Officer i Form ADV

BB **Burton Bruce Nicholas Hotz** Chief Risk Officer i Form ADV

DW **Douglas William Preiser** COO, Keybanc Captial Markets i Form ADV

GC **Giuseppe Calabrese** Co-CEO/President i Form ADV

JB **Joseph Briel Skarda** Head of Key Wealth Management i Form ADV

MA **Mark Allan Kovachick** Chief Financial Officer i Form ADV

MT **Matthew Todd Gulla** Chief Administrative Officer i Form ADV

PA **Paul Alfred Ii Weick** Chief Legal Officer i Form ADV

PM **Paula Marie Janofsky** Chief Operations Officer i Form ADV

SL **Solomon Lee Schmidt** Co-CEO/President i Form ADV

WP **William Patrick Hayden** Chief Compliance Officer i Form ADV

We also hold **18** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$8.9B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** KEY Investment Services LLC
- **SEC number:** CRD 136300

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[First Wind](https://millionrounds.com/company/first-wind)** Bought by SunEdison **$2.4B** Nov 2014

**[Airwide Solutions](https://millionrounds.com/company/airwide-solutions)** Bought by Mavenir Systems **Undisclosed** May 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Debt Series C Series E

Median round joined **$400M** the round, not its cheque Alone, median **$68M**

Led 0 of 17 rounds **0%**

- **Sole investor:** 4 rounds
- **Last cheque:** Oct 2026
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Debt *5*
- Series C *3*
- Series E *3*
- Venture *3*
- Series D *1*
- Series B *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Artiman Ventures](https://millionrounds.com/fund/artiman-ventures) 3
- [General Catalyst](https://millionrounds.com/fund/general-catalyst) 2
- [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) 2
- [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) 2

**Pitching Keybank?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Keybank. A count of rooms they were both in, not a relationship either has claimed.

[**Artiman Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/artiman-ventures)[**General Catalyst** VC firm **2** rounds together](https://millionrounds.com/fund/general-catalyst)[**Sierra Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/sierra-ventures)[**Square 1 Bank** Investment firm **2** rounds together](https://millionrounds.com/fund/square-1-bank)

## Recently backed

The latest companies Keybank put money into.

[**Stord** $400M · Oct 2026](https://millionrounds.com/company/stord)

## Quick answers about Keybank

### What does Keybank invest in?

Keybank invests most often at Debt and Series C (50% of the rounds on record), in sectors such as Computer, Education and Enterprise Software.

### How active is Keybank?

17 investments on record, 1 of them in the last 12 months. The most recent was in Oct 2026.

### What has Keybank invested in recently?

Its most recent investments on record: Stord (Debt, Oct 2026).

### How big are Keybank's cheques?

The median round it joins is $400M.

### Does Keybank lead rounds?

Rarely, if at all: none of its 17 investments on record names it as the lead.

### Where does Keybank invest?

Most of the companies it backs are in the United States (100%).

### Is Keybank investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Keybank invest alongside?

Most often Artiman Ventures (3 rounds together), General Catalyst (2 rounds together) and Sierra Ventures (2 rounds together).

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