Silicon Valley Bank (SVB) is a commercial bank that provides financial services to technology, healthcare, life sciences, venture capital, and private equity industries, as well as their investors. Founded in 1983, SVB is headquartered in Santa Clara, California and operates in more than 30 locations in the US and around the world, including the UK, Israel, China, and India.
SVB offers a range of financial services, including business loans, deposit services, cash management, and global treasury management. The bank has become known for its innovative approach to banking, particularly in its support for startups and emerging growth companies. Many successful companies, including Apple, Google, and LinkedIn, were early clients of SVB.
In addition to banking services, SVB offers various resources and events to help entrepreneurs and startups succeed. These include educational programs, mentorship opportunities, and networking events.
SVB also offers investment banking services to its clients, including mergers and acquisitions advisory, public and private equity financing, debt financing, and strategic advisory services. The bank has a team of experienced investment bankers who work closely with clients to help them achieve their financial goals.
Furthermore, SVB has a venture capital arm called SVB Capital, which invests in venture capital and private equity funds, as well as direct investments in companies. SVB Capital manages over $6 billion in assets and has invested in companies such as Twitter, Nest, and Spotify.
SVB is also actively involved in supporting the innovation and startup ecosystem. The bank has launched several initiatives aimed at promoting entrepreneurship and innovation, including the SVB Startup Outlook Survey, the Startup Week initiative, and the SVB Innovators Card, which provides early-stage companies with access to banking services and credit.
Overall, SVB is a leading financial institution that has played an important role in supporting the growth and success of many innovative companies in the technology and healthcare industries.