# Square 1 Bank: portfolio, investments and team

> Square 1 Bank is an investment firm based in United States. 87 investments on record, latest Oct 2018. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/square-1-bank (Millionrounds; every figure on the page links to its filing or article)

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

# Square 1 Bank

Last cheque observed Oct 2018. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Investment firm Now at bancofcal.com

Debt Series A Venture Financial Services Organic Food Banking

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 87 on record

Since the last cheque **2933** days **00** hrs **00** min **00** sec

Median round **$9.0M** Rounds led **0 of 87** Sole investor **55 rounds** Exits **10 from the portfolio** Mostly in **United States, 100%**

Pitch Square 1 Bank

## Square 1 Bank highlights

- 01 87 rounds on record
- 02 Mostly Debt and Series A: 86% of its rounds
- 03 Sole investor in 55 rounds, median $5.0M
- 04 10 exits from the portfolio

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Financial Services Organic Food Banking
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **87 appearances**

- **2018** 2 rounds
- **Oct** **[CallRail](https://millionrounds.com/company/callrail)** Debt · US · FinSMEs **$15M** Sole investor
- **Jun** **[Recursion](https://millionrounds.com/company/recursion)** US · FinSMEs **$21M** Sole investor
- **2017** 7 rounds
- **Nov** **[Montage](https://millionrounds.com/company/montage)** US · FinSMEs **$2.0M** Sole investor
- **Sept** **[ViralGains](https://millionrounds.com/company/viralgains)** Debt · US · FinSMEs **$14M** With 5 others
- **Jun** **[Alert Logic](https://millionrounds.com/company/alert-logic)** US · FinSMEs **$70M** Sole investor
- **Apr** **[Dizzion](https://millionrounds.com/company/dizzion)** US · FinSMEs **$4.3M** Sole investor
- **Mar** **[SparkPost](https://millionrounds.com/company/sparkpost)** FinSMEs **$11M** Sole investor
- **Jan** **[Argonaut Manufacturing](https://millionrounds.com/company/argonaut-manufacturing)** US · FinSMEs **$5.0M** Sole investor
- **Jan** **[ScaleArc](https://millionrounds.com/company/scalearc)** US · FinSMEs **$7.5M** Sole investor
- **2016** 11 rounds
- **Dec** **[TV Medical](https://millionrounds.com/company/tv-medical)** US · FinSMEs **$7.0M** Sole investor
- **Dec** **[BidPal](https://millionrounds.com/company/bidpal)** US · FinSMEs **$6.0M** With 2 others
- **Dec** **[Formation Data Systems](https://millionrounds.com/company/formation-data-systems)** **$20M** With 14 others
- **Nov** **[BioConsortia](https://millionrounds.com/company/bioconsortia)** Debt · US · FinSMEs **$12M** With 2 others
- **Nov** **[Cidara Therapeutics](https://millionrounds.com/company/cidara-therapeutics)** US · FinSMEs **$20M** Sole investor
- **Sept** **[BAROnova](https://millionrounds.com/company/baronova)** US · FinSMEs **$7.5M** Sole investor
- **Sept** **[Zavante Therapeutics](https://millionrounds.com/company/zavante-therapeutics)** US · FinSMEs **$10M** Sole investor
- **Aug** **[ReVision Optics](https://millionrounds.com/company/revision-optics)** US · FinSMEs **$10M** Sole investor
- **Jun** **[Payzer](https://millionrounds.com/company/payzer)** US · FinSMEs **$1.5M** Sole investor
- **Jun** **[Nico Corporation](https://millionrounds.com/company/nico-corporation)** US · FinSMEs **$8.0M** Sole investor
- **Jun** **[YPrime](https://millionrounds.com/company/yprime)** US · FinSMEs **$5.0M** Sole investor
- **2015** 15 rounds
- **Sept** **[Molio Inc.](https://millionrounds.com/company/molio-inc)** Debt · US **$1.0M** With 5 others
- **Sept** **[AvidXchange](https://millionrounds.com/company/avidxchange)** Series E · US **$225M** With 6 others
- **Aug** **[Target Data](https://millionrounds.com/company/target-data)** Debt · US **$1.5M** Sole investor
- **Aug** **[DialogTech](https://millionrounds.com/company/dialogtech)** Debt · US **$10M** Sole investor
- **Aug** **[Azalea Health](https://millionrounds.com/company/azalea-health)** Debt · US **$1.5M** Sole investor
- **Jul** **[Optoro](https://millionrounds.com/company/optoro)** Debt · US **$40M** With 1 other
- **Jul** **[Emma](https://millionrounds.com/company/emma)** Venture · US **$5.0M** With 1 other
- **Jun** **[Sebacia](https://millionrounds.com/company/sebacia)** Debt · US **$10M** Sole investor
- **Jun** **[Maker Media](https://millionrounds.com/company/maker-media)** Series A · US **$5.0M** With 5 others
- **May** **[Symbiomix Therapeutics](https://millionrounds.com/company/symbiomix-therapeutics)** Series A · US **$41M** With 3 others
- **May** **[InDemand Interpreting](https://millionrounds.com/company/indemand-interpreting)** Debt · US **Undisclosed** Sole investor
- **Apr** **[Sirrus](https://millionrounds.com/company/sirrus)** Debt · US **Undisclosed** With 1 other
- **Feb** **[Distil Networks](https://millionrounds.com/company/distil-networks)** Debt · US **$3.0M** Sole investor
- **Jan** **[Obalon Therapeutics](https://millionrounds.com/company/obalon-therapeutics)** Debt · US **$10M** Sole investor
- **Jan** **[Trevi Therapeutics](https://millionrounds.com/company/trevi-therapeutics)** Debt · US **$15M** With 1 other
- **2014** 14 rounds
- **Oct** **[InVisage Technologies](https://millionrounds.com/company/invisage-technologies)** Debt · US **Undisclosed** With 1 other
- **Sept** **[Varentec](https://millionrounds.com/company/varentec)** Debt · US **$4.0M** Sole investor
- **Sept** **[Netsertive, Inc](https://millionrounds.com/company/netsertive-inc)** Debt · US **$7.5M** Sole investor
- **Aug** **[Heat Biologics](https://millionrounds.com/company/heat-biologics)** Debt · US **$7.5M** Sole investor
- **Aug** **[Tarsa Therapeutics](https://millionrounds.com/company/tarsa-therapeutics)** Debt · US **$10M** With 1 other

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

We hold **1** person 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **10 in all**

**[InVisage Technologies](https://millionrounds.com/company/invisage-technologies)** Bought by [Apple](https://millionrounds.com/fund/apple) **Undisclosed** Nov 2017

**[Razorsight](https://millionrounds.com/company/razorsight)** Bought by Synchronoss Technologies **Undisclosed** Nov 2015

**[Rally Software](https://millionrounds.com/company/rally-software)** Bought by [CA Technologies](https://millionrounds.com/fund/ca-technologies) **Undisclosed** May 2015

**[Perfect Market](https://millionrounds.com/company/perfect-market)** Bought by [Taboola](https://millionrounds.com/fund/taboola) **Undisclosed** Aug 2014

**[MapMyFitness](https://millionrounds.com/company/mapmyfitness)** Bought by Under Armour **$150M** Nov 2013

**[ProfitPoint](https://millionrounds.com/company/profitpoint)** Bought by Clutch **Undisclosed** Aug 2013

**[Rally Software](https://millionrounds.com/company/rally-software)** Listed **$84M** Apr 2013

**[MerchantCircle](https://millionrounds.com/company/merchantcircle)** Bought by BuyerLink **$60M** Jun 2011

**[Trust Digital](https://millionrounds.com/company/trust-digital)** Bought by [McAfee](https://millionrounds.com/fund/mcafee) **Undisclosed** May 2010

**[ITM Software](https://millionrounds.com/company/itm-software)** Bought by BMC Software **Undisclosed** Jun 2008

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

## The cheque

Debt Series A Venture

Median round joined **$9.0M** the round, not its cheque Alone, median **$5.0M**

Led 0 of 87 rounds **0%**

- **Sole investor:** 55 rounds
- **Last cheque:** Oct 2018
- **Exits:** 10 from the portfolio

Rounds by stage said on their site

- Debt *52*
- Series A *5*
- Venture *4*
- Series B *3*
- Series C *2*

Cheques by year Led Joined

2006 2018

Often in the room with

- [Apex Venture Partners](https://millionrounds.com/fund/apex-ventures-2) 2
- [BYU Cougar Capital](https://millionrounds.com/fund/byu-cougar-capital) 2
- [Baird Capital](https://millionrounds.com/fund/baird-capital) 2
- [Dell](https://millionrounds.com/fund/dell) 2
- [Keybank](https://millionrounds.com/fund/keybank) 2
- [Mayfield Fund](https://millionrounds.com/fund/mayfield) 2

**Pitching Square 1 Bank?** 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 Square 1 Bank. A count of rooms they were both in, not a relationship either has claimed.

[**Apex Venture Partners** Growth equity **2** rounds together](https://millionrounds.com/fund/apex-ventures-2)[**BYU Cougar Capital** VC firm **2** rounds together](https://millionrounds.com/fund/byu-cougar-capital)[**Baird Capital** Wealth manager **2** rounds together](https://millionrounds.com/fund/baird-capital)[**Dell** Growth equity **2** rounds together](https://millionrounds.com/fund/dell)[**Keybank** VC firm **2** rounds together](https://millionrounds.com/fund/keybank)[**Mayfield Fund** VC firm **2** rounds together](https://millionrounds.com/fund/mayfield)[**Oxford Finance LLC** Private equity **2** rounds together](https://millionrounds.com/fund/oxford-finance-llc)[**Pelion Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/pelion-venture-partners)[**Point Judith Capital** VC firm **2** rounds together](https://millionrounds.com/fund/point-judith-capital)[**Pritzker Group** Private equity **2** rounds together](https://millionrounds.com/fund/pritzker-group)[**Rustic Canyon Partners** VC firm **2** rounds together](https://millionrounds.com/fund/rustic-canyon-partners)[**Third Point Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/third-point-ventures)

## Recently backed

The latest companies Square 1 Bank put money into.

[**CallRail** $15M · Oct 2018](https://millionrounds.com/company/callrail)[**Recursion** $21M · Jun 2018](https://millionrounds.com/company/recursion)[**Montage** $2.0M · Nov 2017](https://millionrounds.com/company/montage)[**ViralGains** $14M · Sept 2017](https://millionrounds.com/company/viralgains)[**Dizzion** $4.3M · Apr 2017](https://millionrounds.com/company/dizzion)[**SparkPost** $11M · Mar 2017](https://millionrounds.com/company/sparkpost)

## Quick answers about Square 1 Bank

### What does Square 1 Bank invest in?

Square 1 Bank invests most often at Debt and Series A (86% of the rounds on record), in sectors such as Financial Services, Organic Food and Banking.

### How active is Square 1 Bank?

87 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2018.

### What has Square 1 Bank invested in recently?

Its most recent investments on record: CallRail (Debt, Oct 2018), Recursion (Undisclosed round, Jun 2018) and Montage (Undisclosed round, Nov 2017).

### How big are Square 1 Bank's cheques?

The median round it joins is $9.0M.

### Does Square 1 Bank lead rounds?

Rarely, if at all: none of its 87 investments on record names it as the lead.

### Where does Square 1 Bank invest?

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

### Is Square 1 Bank investing now?

No investments in the last 12 months; the latest was in Oct 2018.

### Who does Square 1 Bank invest alongside?

Most often Apex Venture Partners (2 rounds together), BYU Cougar Capital (2 rounds together) and Baird Capital (2 rounds together).

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