Atlantic Union Bank - aVenture Asset Manager Research
Location
Richmond, VA, US
Founded
1902
Atlantic Union Bank, headquartered in Richmond, Virginia, focuses on providing comprehensive banking services across Virginia, Maryland, and North Carolina. The bank typically invests in Series B and debt financing rounds, with a particular interest in fintech and renewable energy sectors. Their investment size varies, but has included deals in the $12-15 million range.
Notable portfolio companies include Solareit, a renewable energy firm, and Strategic Risk Associates, likely in the fintech space. Atlantic Union Bank leverages its extensive banking experience dating back to 1900 to offer a wide range of financial services to its portfolio companies, including checking and savings accounts, credit cards, lending products, and wealth management services.
Atlantic Union Bank - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies3
Current Portfolio Count3
Top Investment Stages
Series B1 (100.0%)
Stage Mix
Series B 100%
Concentration shown as share of disclosed investments by stage.
