Banc Funds: A private equity firm investing in small financial service companies, fueling local economies.
Location
Chicago, IL, US
Founded
1933
Banc Funds specializes in private equity investments targeting small financial service companies. Their focus includes commercial banks, savings and loan associations, regional investment banks, stock brokerage firms, and specialty finance organizations. The firm aims to fuel local economies by supporting the growth of these smaller financial institutions.
Notable portfolio companies include Bushel, Finexio, Nymbus, Synctera, and Treasury Prime. Banc Funds has participated in various investment rounds, ranging from early-stage to Series D, demonstrating their commitment to supporting companies at different growth stages. The firm's investment philosophy centers on making a meaningful impact, not only in the financial sector but also in funding research that could lead to significant societal advancements.
Banc Funds - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies5
Current Portfolio Count5
Top Investment Stages
Series B3 (60.0%)
Series C1 (20.0%)
Series D1 (20.0%)
Stage Mix
Series B 60%Series C 20%Series D 20%
Concentration shown as share of disclosed investments by stage.