U.S. Venture Partners
Minneapolis
Also known as U.S. Bancorp Asset Management, Inc.
Find your way into U.S. Venture Partners
What they invest in
from 20 of 22 portfolio companiesEnterprise Software ×9AI & Machine Learning ×8Cybersecurity ×7Healthtech ×7Medical Devices ×6SaaS ×6Biotech ×3Deep Tech ×3
HQs:United States×12Israel×2
Investments · 22 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 12024 · 22023 · 72022 · 42021 · 32020 · 120 dated
Adaptive provides a cloud cost optimization platform that detects, remediates, and prevents "shadow waste" and inefficiencies across multi-cloud, Kubernetes, AI platforms, data cloud, and code.
AI & Machine LearningCloud ComputingDeveloper Tools
Aviv Revach(CEO)inEyal Brosh(Founder)in
Co-investorsForgePoint CapitalLaunchpad CapitalNew Era Capital PartnersUS Venture PartnersNew Era CapitalPitango+2 more
AirEye develops a wireless airspace security platform that provides visibility, classification, monitoring, and Layer 2 firewall protection against threats such as rogue access points, evil twins, and unauthorized network access.
AI & Machine LearningCybersecurityEnterprise SoftwareIoTSaaS
Tanuj Mohan(Founder)inOri Calvo(Co-founder)in
Co-investorsCanaan PartnerstoDay VenturesUS Venture PartnersXB Ventures
Cagent Vascular develops endovascular medical devices, including the Serranator PTA Serration Balloon Catheter, for the treatment of vascular disease.
HardwareHealthtechMedical DevicesWayne, US
Brian Walsh(Chairman & CEO)inPeter Johansson(Chief Quality & Compliance Officer, VP Engineering)inPaul Wilson(Chief Commercial Officer)inMatt Condron(SVP of Operations)inCorey Latanision(SVP of Marketing & International Sales)inPeter Schneider(Chief Medical Advisor, Co-Founder)
Co-investorsUS Venture PartnersAstoria Health Investors
Hunters builds a security operations platform that combines data engineering, security expertise, and automation to help security teams detect and stop attacks.
AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareSaaSTel Aviv, IL
Uri May(Founder)inTomer Kazaz(Founder)inIan Forrest(CEO)in
Co-investorsBessemer Venture PartnersCisco InvestmentsYL VenturesBlumberg CapitalDTCPSnowflake Ventures+2 more
Hunters provides an AI-powered SIEM (Security Information and Event Management) platform that automates threat detection, investigation, and response for security operations teams.
AI & Machine LearningCybersecurityEnterprise Software
Co-investorsBessemer Venture PartnersBlumberg CapitalM12 (Microsoft's Venture Fund)StripesUS Venture PartnersYL Ventures+4 more
Imperva provides cybersecurity solutions to protect customers from cyberattacks across applications, data, and identities during digital transformation.
CybersecurityEnterprise SoftwareSan Mateo, US
Shlomo Kramer(Co-Founder, President & CEO (early years))inAmichai Shulman(Co-Founder & CTO)inMickey Boodaei(Co-Founder)inPam Murphy(CEO)inChris Hylen(President & CEO)Charles Goodman(Interim CEO)in
Co-investorsAccelAspect VenturesCore Ventures GroupDigi VenturesForgePoint CapitalSAV (Scale Asia Ventures)+6 more
Luminopia is an FDA-cleared binocular therapy for amblyopia in children aged 4-12 that uses a VR headset to stream the child's favorite TV shows as treatment, replacing traditional eye patches.
BiotechDigital HealthHealthtechMedical DevicesAspen, US
Scott Xiao(Co-Founder & CEO)inDean Travers(Co-Founder)inBrion Raymond(CBO)inDrew Mowery(VP of Commercial Strategy)inHank Wu(COO)inSunny Atwal(VP of Engineering)in
Co-investorsShangBay Capital LLCBantam GroupGood FriendsNXT VenturesSony Ventures CorporationUS Venture Partners
CybersecurityDeep TechDigital HealthHealthtechIoT
BoardDavid Millstone(co-CEO of Standard Industries and co-CIO of Standard Investments)
Co-investorsStandard InvestmentsBlumberg CapitalForgePoint CapitalMaor InvestmentsUS Venture PartnersYL Ventures+7 more
NuXcel is a global medical device accelerator that founds and incubates bioelectronics and neuromodulation startups addressing large unmet clinical needs, using a lean innovation model.
Deep TechHealthtechMedical Devices
Co-investorsTreo Ventures, LlcAmzak HealthAPERTURE Venture PartnersNorwest Venture PartnersOSF Ventures
Percepto develops autonomous drone ("drone-in-a-box") systems and software for automated inspection and continuous monitoring of critical industrial infrastructure.
AI & Machine LearningEnergyIoTRobotics
Dor Abuhasira(Co-founder & CEO)inAriel Avitan(Co-founder)inSagi Blonder(Co-founder, Head of R&D)inRaviv Raz(Co-founder)inUdi Zohar(Chief Product Officer)inNir Simon(CFO)in
Co-investorsAtento CapitalBeast VenturesCourtside VenturesEmerge VenturesHTwentyKoch Disruptive Technologies+5 more
Pillsy offers an enterprise platform and connected medication hardware for remote patient support, including smart dose reminders, adherence tracking via a sensor-equipped bottle, refill ordering, and integration with Bluetooth/cellular monitoring devices.
Digital HealthHealthtechMedical DevicesSeattle, US
Jeff LeBrun(Executive Officer, Director, Promoter)Chuks Onwuneme(Executive Officer, Director, Promoter)
Co-investorsBonfire VenturesFoundryOpenView Venture PartnersSOSV
Qnovo develops battery performance technology, offering products and insights focused on improving battery performance for the battery tech industry.
AI & Machine LearningCleantechDeep TechEnergyHardwareMobility & TransportationMilpitas, US
Nadim Maluf(CEO & Co-Founder)inDania Ghantous(Co-Founder & VP, Technology)in
Co-investorsClimate InvestmentConstellation Technology VenturesIntel CapitalUS Venture PartnersKIA
Route 92 Medical develops medical devices and procedural solutions for patients undergoing neurovascular intervention.
BiotechHealthtechMedical DevicesSan Francisco, US
Dr. Chou(Founder, Chief Executive Officer)Dr. Joey English(Chief Medical Officer)
Co-investorsNovo HoldingsThe Vertical GroupUS Venture PartnersNorwest Venture PartnersSectoral Asset Management
Platform using physical-layer fingerprinting and machine learning plus threat intelligence for hardware infrastructure visibility and enforcement.
Co-investorsBeacon VCHanaco Venture CapitalMindset VentureUS Venture PartnersWorld Trade Ventures (WTV)Citi Ventures+2 more
ShiraTronics is a medical device company developing an implantable device to treat chronic migraine disease.
BiotechHardwareHealthtechMedical DevicesBrooklyn Park, US
Robert Binney(Executive Officer, Director)
BoardJoyce Erony(Director)inZack Scott(Director)inBrad Vale(Director)inCasey Tansey(Director)Mudit Jain(Executive Officer, Director)in
Co-investorsAmzak HealthAPERTURE Venture PartnersBreakout VenturesGlobal BioAccess FundNorwest Venture PartnersOSF Ventures+3 more
Simplee was a healthcare financial technology company that provided a patient financial engagement platform, helping hospitals and health systems offer transparent billing, estimates, and payment experiences.
Enterprise SoftwareFintechSaaSPalo Alto, US
Tomer Shoval(Co-Founder & CEO)Roberto Rabinovich(Co-Founder & COO)Tom Tsarfati(Co-Founder & CTO)Derick Sutton(Chief Financial Officer)John Dwight(Executive (role unconfirmed))Joel Haferbecker(Executive (role unconfirmed))
Co-investors83NorthGreylock Partners
Smartling provides enterprise-grade localization and translation software with APIs, SDKs, and CI/CD integrations for software development teams.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareMarketing TechSaaS
Jack Welde(Founder)in
Co-investorsAccelerator VenturesBattery VenturesHarmony PartnersICONIQRidge VenturesTenaya Capital+4 more
Territory is a distributed consulting and creative design firm that helps clients solve communication and transformation problems through strategy, design thinking, and branded tools.
Enterprise SoftwareFuture of Work
Co-investorsEvolution VC PartnersFinistere VenturesGaingelsLewis & Clark VenturesMiddleland CapitalS2G Investments+1 more
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TrustLab provides AI-powered Trust and Safety solutions for internet platforms to combat abuse, protect user privacy, and ensure brand safety.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaSSan Francisco, US
Shankar(Co-Founder & CTO)inBenji Loney(Founder)inShankar Ponnekanti(Founder)inTom Siegel(Founder)inBenji(CPO)in
Co-investorsInner Loop CapitalNext Frontier CapitalFoundation CapitalUS Venture Partners
ZERO is a decentralized, privacy-focused messaging and social platform, offering products including a messenger, social app, and digital identity (Zero ID) built on a crypto protocol with its own token.
ConsumerCrypto & Web3Social
Co-investorsRed Beard VenturesF2 Venture CapitalHighland EuropePICO Venture PartnersVenrock
Zero Networks provides a microsegmentation platform that applies zero trust access controls across networks and identities.
CybersecurityEnterprise SoftwareSaaSTel Aviv, IL
Benny Lakunishok(Co-Founder & CEO)in
Co-investorsAlpha PartnersF2 Venture CapitalHighland EuropeUS Venture PartnersVenrockPICO Venture Partners
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Exits · 3
3 acquisitions · showing 2Medigateacq. by ClarotySimpleeacq. by Flywire
Portfolio news
latest coverage across their companies
Zero Networks · siliconangle.com · Aug 20, 2026
Medigate · jpost.com · Aug 19, 2026
Percepto · startuphub.ai · Aug 17, 2026
Cagent Vascular · intelligence360.news · Jul 15, 2026
Adaptive6 · vertexventures.co.il · Apr 15, 2026
Route 92 · finance.yahoo.com · Apr 8, 2026
Fund performance · per public LP disclosures · 3
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| U.S. Venture Partners VIII, L.P.LPs: Washington State Investment Board, Hawaii Employees' Retirement System, Rockefeller Foundation | 2001 | — | 3.5% | 1.30x | 1.30x |
| U.S. Venture Partners VII, L.P.LPs: Washington State Investment Board, Hawaii Employees' Retirement System, Rockefeller Foundation | 2000 | — | -2.5% | 0.70x | 0.70x |
| U.S. Venture Partners V, L.P.LPs: Washington State Investment Board | 1996 | — | 26.2% | 2.30x | 2.26x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has U.S. Venture Partners made?
- U.S. Venture Partners has 22 tracked investments, 3 of which have exited, including 5 dated in the last 24 months.
- Where is U.S. Venture Partners located?
- U.S. Venture Partners is headquartered in Minneapolis.
- Does U.S. Venture Partners lead rounds?
- U.S. Venture Partners has led 13 of the 37 rounds where its role is on record.
- Who does U.S. Venture Partners co-invest with?
- U.S. Venture Partners most often shares deals with 83North, Accel, Aspect Ventures, among 10 tracked co-investors.