1st Source Bank, based in South Bend, Indiana, focuses on providing banking, trust services, and specialty finance primarily in Indiana and Michigan. The firm engages in a relationship-based approach to banking, emphasizing personalized financial goals for its clients. While specific investment sizes are not detailed, the bank has participated in both seed and other unspecified investment rounds.
Notable portfolio companies include Nanovis, Perfinity Biosciences, Simba Chain, and Vennli, with investments ranging from $1.3 million to $5.5 million. 1st Source Bank is committed to helping clients build wealth and achieve financial security through a variety of financial services. Their investment philosophy centers on fostering long-term relationships and supporting the growth of innovative companies in their regional focus areas.
1st Source Bank - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies4
Current Portfolio Count4
Top Investment Stages
Seed2 (66.7%)
Series A1 (33.3%)
Stage Mix
Seed 67%Series A 33%
Concentration shown as share of disclosed investments by stage.
